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Amaya shares hit new high as regulators approve acquisition

29th July 2014 7:51 am GMT

Toronto-listed supplier Amaya Gaming Group has secured approval to complete its acquisition of Rational Group from regulators in each jurisdiction in which the PokerStars operator is licensed.

Rational Group holds licences in a number of jurisdictions including Greece, France, Italy and Spain, with each regulator now approving the $4.9bn acquisition which was agreed in June.

Amaya has also received conditional approval from the Toronto Stock Exchange regarding the proposed transaction, and for the listing of common shares [...]

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