Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Report on Business

Streetwise

Streetwise gives you news and analysis on Bay Street and the world of finance
available exclusively to subscribers of Globe Unlimited

Entry archive:

Analysts fret over Amaya’s ability to grow amid cancelled merger talks Add to ...

Subscribers Only

Shares in Amaya Inc. fell the most in nearly six months on Tuesday after the Montreal-based online gambling company announced that talks with potential suitor William Hill PLC had been abruptly called off.

The aborted merger talks raised doubts about the company’s ability to grow as a standalone business. Some in the analyst community fretted about slowing growth in the online poker market, as the company grapples with a heavy debt load, legal woes and the uncertainty of a continuing insider trading controversy.

Report Typo/Error

Follow on Twitter: @niallcmcgee

Also on The Globe and Mail

Amaya CEO charged by Quebec securities regulator (BNN Video)
 
  • Amaya Inc
    $23.10
    -0.09
    (-0.39%)
  • Amaya Inc
    $17.45
    0.00
    (0.00%)
  • Updated June 22 4:00 PM EDT. Delayed by at least 15 minutes.

Next story

loading

Trending

loading

Most popular videos »

More from The Globe and Mail

Most popular