A Dubai investment firm denied it’s backing a $6.7 billion offer by Amaya Inc. founder David Baazov to take the gaming company private and said it has filed a complaint with U.S. securities regulators, according to a Canadian newspaper.
Amaya fell 6 percent to C$18.67 at the close in Toronto after The Globe and Mail reported that KBC Aldini Capital Ltd. said it had “no involvement” whatsoever in the proposed deal. The stock earlier fell as much as 9.5 percent.