On July 31, 2015, Amaya Inc. completed the sales of its B2B online gaming businesses, Amaya (Alberta) Inc. (“Chartwell”) (formerly Chartwell Technology Inc.) and Cryptologic Limited (“Cryptologic”), to NYX Gaming Group Limited (“NYX”) for $150 million.
The terms of the transaction included the sale of 100% of the issued and outstanding shares of Chartwell to NYX Digital Gaming (Canada) ULC, a wholly-owned subsidiary of NYX, and 100% of the issued and outstanding shares of Cryptologic to NYX, each pursuant to a share purchase agreement dated April 9, 2015, as amended on July 31, 2015.
Osler represented Amaya Inc. with a team comprised of Eric Levy, Antonella Penta, Alexandre Martin, Dania Dib-Dabboussi (M&A) and Manon Thivierge (Tax).