KKCG

Czech KKCG Group said on Wednesday it has raised its share in Greek lottery company OPAP.

KKCG said it acquired an additional 22.35 percent stake in investment fund Emma Delta from ICT Holding, substantially controlled by Russian entrepreneur Alexander Nesis.

Once the transaction is completed KKCG will hold 44.7 percent in Emma Delta.

Four companies or groups have qualified in the preliminary tender for the right to operate Turkey’s national lottery, Milli Piyango, Turkey’s Privatization Board said in a written statement May 28.