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Greece’s Capital Markets Commission Approves Sazka’s Bid for OPAP

Published

6 years ago

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Greece’s capital markets commission has approved the bid by Sazka Group to acquire the Greek gaming firm OPAP.

In 2013, Greece sold a 33% stake in OPAP to Emma Delta, currently owned by Sazka Group and Georgios Melissanidis.

In July, Sazka Group launched an offer to acquire up to 67% of OPAP’s outstanding shares for 9.12 euros each.

More than 2 billion euros had been earmarked for the project, President of Sazka Group Karel Komarek said, calling the offer “a strong confirmation” of the Group’s confidence in the Greek economy.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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