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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.

Illinois video gambling parlors sue state over profit-sharing rules - Chicago Tribune

2017-04-05 chicagotribune
Illinois' nearly 6,000 video gambling parlors are being unfairly required to split profits with companies that operate the terminals, a lawsuit alleges. (Chicago Tribune)

BRIEF-Nabors Industries plan to recertify over 20 more rigs in Q1

2017-03-27 reuters
* Nabors Industries Ltd- plan to recertify over 20 more rigs in Q1 than anticipated with an average of about 20 days in lost revenue per recertified rig

BRIEF-Dean Foods Co CEO Gregg Tanner's 2016 total compensation was $22.5 million

2017-03-27 reuters
* Dean Foods Co CEO Gregg Tanner's 2016 total compensation was $22.5 million versus $9.6 million in 2015 Source text:(bit.ly/2nXz5ZT) Further company coverage:

Israeli companies to set up Latin American cyber defence centre

2017-03-27 reuters
JERUSALEM, March 27 A group of Israeli companies led by state-owned defence contractor Israel Aerospace Industry (IAI) has won a deal worth tens of millions of dollars to establish a national cyber centre in an unnamed Latin American country.

Clairvest Announces Agreement to Sell LSNE

2017-03-27 marketwired
TORONTO, ON--(Marketwired - March 27, 2017) - Clairvest Group Inc. (TSX: CVG) ("CVG"), together with Clairvest Equity Partners III Limited Partnership ("CEP III", collectively "Clairvest"), announced today that it has entered into an agreement to sell its interest in Lyophilization Services of New England, Inc. ("LSNE") to a company backed by the Permira funds. LSNE CEO Matt Halvorsen will remain a shareholder, rolling equity alongside Permira.

Discovery Air and Clairvest Enter Into Definitive Agreement for Going Private Transaction

2017-03-24 marketwired
Discovery Air Inc. ("Discovery Air" or the "Corporation") (TSX:DA.A) and Clairvest Group Inc. (TSX:CVG) announced today that the Corporation and certain funds managed by Clairvest Group Inc. (collectively "Clairvest") have entered into a definitive agreement (the "Arrangement Agreement") which will result in Clairvest, along with certain management shareholders of the Corporation (the "Rolling Shareholders" and, together with Clairvest, the "Purchaser Group"), acquiring all the issued and outstanding shares in the capital of the Corporation by way of a plan of arrangement (the "Arrangement") pursuant to the Canada Business Corporations Act.

Clairvest Update on Its Investment in Discovery Air Inc.

2017-03-08 marketwired
TORONTO, ON--(Marketwired - March 08, 2017) - In light of recent trading activity in the shares of Discovery Air Inc. (TSX: DA.A), Clairvest Group Inc. (TSX: CVG) announced today that certain investment funds managed by it, together with certain other parties (collectively, the "Purchaser Group"), have made a non-binding proposal to the board of directors of Discovery Air to acquire all of the common shares of Discovery Air not currently controlled by the Purchaser Group (the "Proposed Transaction").

Clairvest Announces New Normal Course Issuer Bid

2017-03-02 marketwired
TORONTO, ON--(Marketwired - March 02, 2017) - Clairvest Group Inc. (TSX: CVG) today announced that the Toronto Stock Exchange has accepted a notice filed by Clairvest of its intention to make a new normal course issuer bid. Clairvest's current normal course issuer bid expires on March 6, 2017. The notice provides that the Corporation may, during the 12-month period commencing March 7, 2017 and ending March 6, 2018, purchase on The Toronto Stock Exchange up to 760,627 common shares in total, being approximately 5% of the outstanding common shares.

BRIEF-NEULION APPOINTS NEW CFO TIM ALAVATHIL

2017-02-13 reuters
* NEULION- TIM ALAVATHIL IS TAKING ON ROLE OF CFO, EFFECTIVE IMMEDIATELY, REPLACING TREVOR RENFIELD, WHO TODAY RESIGNED FROM POSITION Source text for Eikon: Further company coverage:

BRIEF-CLAIRVEST REPORTS Q3 EARNINGS PER SHARE C$2.03

2017-02-13 reuters
* CLAIRVEST GROUP INC - DECEMBER 31, 2016 BOOK VALUE WAS $532.9 MILLION OR $35.08 PER SHARE VERSUS $502.2 MILLION OR $33.05 PER SHARE AT SEPTEMBER 30, 2016