PokerStars parent Amaya Inc. has announced plans to spin off its Diamond Game Enterprises subsidiary through an initial public offering (IPO), as part of its strategy of divesting its non-online gaming assets.
The offering will be made through a newly formed company, Innova Gaming Group, which will hold all shares in the lottery games and systems developer.
The IPO is comprised of treasury shares held by Innova, and a secondary offering of common shares of Innova held [...]
