Amaya Gaming Group has Confirmed the Acquisition of Cryptologic

04-02-2012

This Thursday, statement from software provider Cryptologic and AGG i.e. Amaya Gaming Group from Montreal has highlighted that their acquisition deal will be extended to 18th of April and currently, it is kept completely unconditional. However, they have mentioned that although, the acquisition is consuming some time but they will definitely make progress in this sector.

This Wednesday, AGG has advised the reception of some valid acceptances, which facilitates it to have control on more than 11,000,000 (approx.) and to represent 81% of issued share capital to Cryptologic group.

AGG have detailed their acceptance as total amount worth 10,200,000 (approx.) of shares from Cryptologic. This represents approximately 79% of shares of Cryptologic software, which is related with the offer. The shares of Cryptologic with respect to some valid acceptances have been received and currently, they could be counted towards some of the acceptances.


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