Georgios Melissanidis
Sazka Group to take full control of OPAP
The Hellenic Capital Market Commission on Monday approved a bid by Czech-based Sazka Group to take full control of gaming firm OPAP.
Greece sold a 33 percent stake in OPAP to Emma Delta, currently owned by Sazka Group and Georgios Melissanidis, in 2013 for about 650 million euros as part of an international bailout.
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Sazka Group launches full takeover bid for Greece's OPAP
Czech-based Sazka Group has launched a bid to take full control of Greece's OPAP, Europe's fourth-largest betting firm by revenue.
Greece sold a 33 percent stake in OPAP to Emma Delta, currently owned by Sazka Group and Georgios Melissanidis, in 2013 for about 650 million euros ($729.9 million) as part of a European Union-prescribed international bailout.