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Emma Delta acquires OPAP stake for €652m

2nd May 2013 7:36 am GMT

Czech investment fund Emma Delta has been named the winner of an international public tender to acquire the Greek government’s 33 per cent stake in gambling operator OPAP.The Greek privatisation agency HRADF concluded the tender Wednesday after receiving an improved financial offer of €652m from Emma Delta, the only remaining bidder in the process.It follows HRADF’s rejection of a €622m offer by Emma Delta last week which was said to undervalue the stake in the [...]

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