Canada’s Amaya Gaming Group has been granted an extension of three weeks to reach a potential takeover agreement with online casino and games developer CryptoLogic, affording Amaya time to complete its due diligence process and finalise its financing arrangements.
Amaya made a move to acquire the entire outstanding capital of CryptoLogic last December, with the company required under the UK’s City Code on Takeovers and Mergers to either announce a firm intention to make an offer [...]
