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Woodbine’s ‘city within a city’ casino expansion expected to generate 2,500 jobs

2017-08-08 thestar
A new partnership between B.C.-based Great Canadian Gaming Corp. and Toronto-based Brookfield Business Partners is being tight-lipped about its plans for the Woodbine, Great Blue Heron and Ajax gaming sites.

Great Canadian Gaming Corp., Brookfield Partners win contract for 3 GTA casinos

2017-08-08 cbc.ca
The Ontario Lottery and Gaming Corp. has selected Great Canadian Gaming Corp. and Brookfield Business Partners LP to run its casinos in the Greater Toronto Area.

Great Canadian Gaming-Brookfield partnership chosen to run Toronto-area casinos

2017-08-08 ctvnews.ca
TORONTO -- The Ontario Lottery and Gaming Corp. has selected Great Canadian Gaming Corp. (TSX:GC) and Brookfield Business Partners LP (TSX:BBU.UN) to run its casinos in the Greater Toronto Area.

Great Canadian Gaming and Brookfield Awarded GTA Bundle in Ontario Gaming Modernization Process

2017-08-08 marketwired
COQUITLAM, BRITISH COLUMBIA and TORONTO, ONTARIO--(Marketwired - Aug. 8, 2017) - Great Canadian Gaming Corporation (TSX:GC) ("Great Canadian") and Brookfield Business Partners L.P. (NYSE:BBU)(TSX:BBU.UN) ("Brookfield Business Partners") together with its institutional partners (collectively, "Brookfield"), announce today that they have been selected as the successful proponent by the Ontario Lottery and Gaming Corporation ("OLG") to operate certain gaming facilities in the Greater Toronto Area (the "GTA Bundle").

Clairvest Announcement

2017-06-28 marketwired
TORONTO, ONTARIO--(Marketwired - June 28, 2017) - Clairvest Group Inc. (TSX:CVG) ("Clairvest") is providing an update on the previously announced regulatory issues with respect to its investment in Head InfoTech India Pvt. Ltd. ("Head InfoTech"). On June 17, 2017, the Telangana (India) state government issued an ordinance which, among other things, made it illegal to operate an online gaming platform within the state (providing services to customers within the state and operating such a business within the state serving customers outside the state) (the "Ordinance").

Clairvest Group: What Happened?

2017-06-22 seekingalpha
Recent news releases should have been a boon to the company, as it entered new territory in a familiar space.

Clairvest Announcement

2017-06-20 marketwired
TORONTO, ON--(Marketwired - June 20, 2017) - Clairvest Group Inc. (TSX: CVG) ("Clairvest") announced today that there has been a material adverse regulatory development with respect to its investment in Head InfoTech India Pvt. Ltd. Clairvest's exposure to this investment, on a pre-tax basis, is equal to 11% of Clairvest's most recently disclosed book value, or $56 million. The negative impact on the value of Clairvest's investment in Head InfoTech from this development is currently uncertain and potentially material.

Clairvest Announced Winner of the 2017 CVCA Private Equity Deal of the Year Award

2017-06-07 marketwired
TORONTO, ON--(Marketwired - June 07, 2017) - Clairvest Group Inc. (TSX: CVG) ("Clairvest") is pleased to announce that today Canada's Venture Capital & Private Equity Association announced Clairvest as the winner of the 2017 Private Equity 'Deal of the Year' award for the successful realization of Cieslok Media. Cieslok Media is a leading Canadian out of home advertising firm, operating predominantly large format digital and static billboards throughout major cities in Canada.

Discovery Air Announces New Revolving Credit Facility from Clairvest

2017-06-05 marketwired
TORONTO, ONTARIO--(Marketwired - June 5, 2017) - Discovery Air Inc. ("Discovery Air" or the "Corporation") (TSX:DA.A) announced today that its subsidiary, Discovery Air Defence Services Inc. ("DA Defence"), has entered into a subordinated credit agreement with certain funds or co-investors (such lenders, collectively "Clairvest") of Clairvest Group Inc., the controlling shareholder of the Corporation, providing for a revolving subordinated credit facility in the aggregate principal amount of up to $13,000,000 (the "Revolving Credit Facility").

Discovery Air Inc. and Clairvest Announce Completion of Going Private Transaction

2017-05-26 marketwired
TORONTO, ONTARIO--(Marketwired - May 26, 2017) - Discovery Air Inc. ("Discovery Air" or the "Corporation") (TSX:DA.A) and Clairvest Group Inc. ("Clairvest") (TSX:CVG) announced today the closing of the previously announced statutory plan of arrangement under section 192 of the Canada Business Corporations Act, pursuant to which, among other things, all of the common shares of the Corporation (the "Shares") were acquired by 10123200 Canada Inc.

Discovery Air Inc. Receives Court Approval for Going Private Transaction

2017-05-24 marketwired
TORONTO, ONTARIO--(Marketwired - May 24, 2017) - Discovery Air Inc. ("Discovery Air" or the "Corporation") (TSX:DA.A) is pleased to announce that the Ontario Superior Court of Justice (Commercial List) has issued a final order approving the previously announced statutory plan of arrangement under section 192 of the Canada Business Corporations Act, pursuant to which, among other things, all of the shares of the Corporation will be acquired by 10123200 Canada Inc.

Casino and horse racing operator Centaur Gaming explores sale -sources

2017-05-05 reuters
Centaur Gaming LLC, a privately owned U.S. casino and horse racing company, is exploring a sale that could value it at more than $1 billion, including debt, according to people familiar with the matter.

Clairvest Completes Sale of LSNE

2017-04-28 marketwired
TORONTO, ON--(Marketwired - April 28, 2017) - Further to a statement released on March 27, 2017, Clairvest Group Inc. (TSX: CVG) ("CVG"), together with Clairvest Equity Partners III Limited Partnership ("CEP III", collectively "Clairvest"), announced today it finalized the sale of Lyophilization Services of New England, Inc. ("LSNE") to a company backed by the Permira funds.

Clairvest Adds to Gaming Portfolio With a New Investment in Head InfoTech

2017-04-28 marketwired
TORONTO, ON--(Marketwired - April 28, 2017) - Clairvest Group Inc. (TSX: CVG) ("Clairvest") today announces that it, together with limited partnerships controlled by it, made a US$73.7 million investment in Head InfoTech India Pvt. Ltd ("Head InfoTech" or the "Company"). Clairvest's portion of the investment will be approximately US$40 million.

MAG Aerospace Acquires Discovery Air Fire Services

2017-04-17 prnewswire
WOODBRIDGE, Va., April 17, 2017 /PRNewswire/ -- MAG Aerospace (MAG) has acquired Discovery Air Fire Services Inc. (DAFS), formerly a subsidiary of Canada-based specialty aviation provider, Discovery Air Inc. This acquisition adds aerial forest fire management, specialized charter aviation, and environmental monitoring services to MAG's already robust ISR service offerings.