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Greek lottery privatisation proceeds to second phase

13th March 2012 11:02 am GMT

Greece has launched the second phase of its lottery privatisation tender with three shortlisted bidders vying for the 12 year lottery concession.

The Hellenic Republic Asset Development Fund (HRADF), which is overseeing the process, said Monday that three bidders would be invited to submit binding financial offers with a view to completing the process as soon as possible.

The three bidders are Austrian Lotteries, a consortium of Greece’s Damco Energy and Damlot together with Italy’s SISAL, and [...]

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