Canadian lottery supplier Pollard Banknote has confirmed that it will make a formal offer of CAD$43m to acquire Toronto-listed lottery supplier Innova Gaming Group.
The decision comes after a month of discussions between Pollard and Innova, which failed to convince Innova's board to support the transaction.
Pollard originally announced in early March that it had secured Amaya's support for the proposed acquisition of the lottery supplier, in which Amaya holds a 41 per cent stake. It subsequently [...]