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Amaya appoints Barclays Capital to advise on CEO takeover bid

8th February 2016 12:19 pm GMT

Amaya has appointed Barclays Capital Canada as the exclusive financial advisor to its recently-established special board committee as it prepares to assess a takeover bid from its chief executive David Baazov.

The committee is chaired by Amaya’s lead independent director Dave Gadhia, and was established last week in order to evaluate Baazov’s potential offer and any other alternatives that may present themselves. It will also be advised by Blake, Cassels & Graydon, which has been engaged [...]

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