Please enable JavaScript in your web browser settings, under the site permissions section to unlock full site functionality. Click here for help.

Posted 28th May 2015

Great Canadian Gaming’s Acquisition of Casino New Brunswick

Great Canadian Gaming's Acquisition of Casino New Brunswick

Scroll to keep reading

Great Canadian Gaming’s Acquisition of Casino New Brunswick

Great Canadian Gaming’s Acquisition of Casino New Brunswick

View Biography

Leo Raffin, Legal Adviser
to Great Canadian Gaming

Great Canadian Gaming Corp [TSX: GC] has agreed to purchase Casino New Brunswick, a casino, hotel and multi-use entertainment and convention centre located in Moncton, New Brunswick, for about $95 million.

The sellers in the transaction are Canadian private equity firm Clairvest Group, which invested in the company in 2008, and Sonco Gaming New Brunswick Ltd. The deal is expected to close in the fall of 2015, subject to the approval of regulators. In a statement, Clairvest said it expects to receive gross proceeds of about $55 million from the company’s sale. Based in Richmond, British Columbia, Great Canadian Gaming operates gaming facilities in Canada and the United States.

Categories: M&A, Strategy

You Might Also Like

Read Full Post

Legal

03/09/2020Winston & Strawn Announces Formation Of Pro Bono Racial Justice And Equity Council

Global Platform Includes Pledge of 100,000 Pro Bono Hours Through 2025.

Read Full Post

Finance

14/08/2023Understanding the Benefits of a Business Debit Card

In today's fast-moving business world, it's crucial to have a reliable, secure, and flexible financial tool. A business debit card fits this bill perfectly. It works like a regular debit card but caters specifically to business owners and entrepreneurs.

Read Full Post

News

07/12/2023Common Myths About Personal Injury Lawyers Debunked

In the world of personal injury law, myths, and misconceptions abound like wildfire, casting a shadow of doubt over the crucial role that personal injury lawyers, including Bronx injury lawyer, play in securing justice for those who’ve been harmed. From

Read Full Post

Innovation

29/06/2016COO of the Month: USA

Channel Products is a leading designer and manufacturer of ignition systems, safety controls, and complimentary products for manufacturers worldwide. The Company got its start in 1972 and is headquartered in Cleveland, OH, with sales and distribution offices i

Read Full Post

Legal

21/10/2024What Is a Public Inquiry and How Will it Affect Your Business?

Public inquiries are formal investigations set up to examine events that have caused widespread concern or controversy.

Read Full Post

M&A

13/06/2016AEREON Acquires Abutec

AEREON today announced the acquisition of select assets of Abutec including the Abutec brand.

Read Full Post

News

29/11/2022How to Run Successful Linked In Ad Campaigns

LinkedIn has established its presence in the professional world. The platform has over 750 million users globally. The purpose of LinkedIn is to serve as a professional network for business-minded people. In addition, many LinkedIn users are decision-makers in

Read Full Post

Finance

31/07/2016Next Generation Private Banking

Founded in 2007, BRT is a dynamic and unique firm that specialises in providing middle and back office support to asset managers, hedge funds, private banks and family offices.

Read Full Post

Finance

04/08/2015Bellpenny acquisition of Trustee Asset Management

Bellpenny acquisition of Trustee Asset Management

View More Articles

Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

MORE BRANDS