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