Amaya Inc.

Amaya Inc. in its $150 Million Sales of Amaya (Alberta) Inc. (also known as Chartwell) and Cryptologic Limited to NYX Gaming Group Limited

Client

Amaya Inc.

Value

$150 million

Service

Mergers and Acquisitions

Date Closed

July 2015

Lead Office

Montréal


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).


Team
Eric M. Levy
Key Contact

Eric M. Levy

Partner, Corporate

Manon Thivierge

Manon Thivierge

Partner, Taxation