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

Niji Narayan

Published

4 months ago

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