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Paradise Entertainment enters HK$2.38 bln acquisition deal

Thursday, 29 Jun 2017 06:46am EDT

June 29 (Reuters) - Paradise Entertainment Ltd <1180.HK>:Co entered into a letter of intent with China Star Entertainment Limited and China Star Entertainment (BVI) Limited.‍Total purchase price for proposed acquisition will be HK$2.38 billion ​.Agreement‍ in relation to proposed acquisition of Most Famous Enterprises, Exceptional Gain Profits and Charming Era Investment.

Jackpotjoy Plc makes final earn-out payment for assets within unit

Thursday, 22 Jun 2017 02:00am EDT

June 22 (Reuters) - Jackpotjoy Plc ::Jackpotjoy group has made final earn-out payment for non-spanish assets within jackpotjoy division.Final payment amounted to £94.2m and has been comfortably met by existing cash resources.

Tatts Group seeks trading halt

Monday, 19 Jun 2017 07:22pm EDT

June 20 (Reuters) - Tatts Group Ltd :Seeks trading halt pending announcement regarding Australian competition tribunal's decision on Tabcorp's application for merger authorisation.

Tatts Group seeks trading halt

Monday, 19 Jun 2017 07:22pm EDT

June 20 (Reuters) - Tatts Group Ltd :Seeks trading halt pending announcement regarding Australian competition tribunal's decision on Tabcorp's application for merger authorisation.

Philweb Corp says unit acquired 100 pct ownership of a Pagcor E-games site

Wednesday, 14 Jun 2017 11:47pm EDT

June 15 (Reuters) - Philweb Corp ::Unit acquired 100pct ownership of a Pagcor E-games site in Mandaue city from Noel Basubas for 150,000 philweb shares for his 49pct ownership in said site.

Golden Entertainment says ACEP Holdings and ACEP Voteco will receive termination fee of $20 mln in event co fails to complete deal

Monday, 12 Jun 2017 05:14pm EDT

June 12 (Reuters) - Golden Entertainment Inc ::Golden Entertainment- ACEP Holdings,ACEP Voteco entitled to receive termination fee from co, $20 million in event co fails to complete deal - sec filing.

Golden Entertainment to acquire American Casino & Entertainment Properties

Monday, 12 Jun 2017 07:00am EDT

June 12 (Reuters) - Golden Entertainment Inc :Golden Entertainment enters into definitive agreement to acquire American Casino & Entertainment Properties for $850 million.Acquisition to significantly increase revenues and EBITDA, expected to be immediately accretive to cash flow and earnings per share.Expects to achieve approximately $18 million of annual run-rate synergies post-closing.Acquisition to significantly increase revenues and EBITDA, expected to be immediately accretive to cash flow and earnings per share.Deal to consist of $781 million cash plus about four million shares of co's stock issued to Whitehall Street Real Estate Partners 2007.After closing, co will operate over 15,800 slot machines, 114 table games, more than 5,100 hotel rooms across 8 casino properties.Has received committed financing totaling $1.1 billion to fund cash consideration and to refinance golden's existing credit facilities.Financing commitment includes a $100 million revolving credit facility to support Golden's future organic and strategic growth initiatives.

Golden Entertainment to acquire American Casino & Entertainment Properties

Monday, 12 Jun 2017 07:00am EDT

June 12 (Reuters) - Golden Entertainment Inc :Golden Entertainment enters into definitive agreement to acquire American Casino & Entertainment Properties for $850 million.Acquisition to significantly increase revenues and EBITDA, expected to be immediately accretive to cash flow and earnings per share.Expects to achieve approximately $18 million of annual run-rate synergies post-closing.Acquisition to significantly increase revenues and EBITDA, expected to be immediately accretive to cash flow and earnings per share.Deal to consist of $781 million cash plus about four million shares of co's stock issued to Whitehall Street Real Estate Partners 2007.After closing, co will operate over 15,800 slot machines, 114 table games, more than 5,100 hotel rooms across 8 casino properties.Has received committed financing totaling $1.1 billion to fund cash consideration and to refinance golden's existing credit facilities.Financing commitment includes a $100 million revolving credit facility to support Golden's future organic and strategic growth initiatives.

Nordic Leisure enters into binding agreement regarding acquisition of all shares in Kama Net

Monday, 12 Jun 2017 02:50am EDT

June 12 (Reuters) - NORDIC LEISURE AB ::NORDIC LEISURE HAS ENTERED INTO BINDING AGREEMENT REGARDING ACQUISITION OF ALL SHARES IN KAMA NET AB.PURCHASE PRICE IS A MAXIMUM OF SEK 77 MILLION.

Berjaya Assets Bhd says unit acquired 4.6 mln ordinary shares in 7-Eleven Malaysia

Thursday, 8 Jun 2017 06:15am EDT

June 8 (Reuters) - Berjaya Assets Bhd :Unit acquired a total of 4.6 million ordinary shares representing 0.42% equity interest in 7-eleven malaysia holdings berhad.Deal for a total cash consideration of about 6.28 million RGT.

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