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Intertain points to progress towards potential sale or recapitalisation

29th March 2016 7:16 am GMT

Shares in Toronto-listed gaming operator Intertain gained 3.63 per cent Monday after the company issued a statement distancing itself from last week’s action by the Quebec financial regulator and reiterating that it has received many expressions of interest in acquiring the business.

The company’s share price had fallen by more than 8 per cent last Thursday after Québec’s Autorité des marchés financiers (AMF) announced charges against a number of companies and individuals involved in alleged insider trading of [...]

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