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OPAP to acquire majority stake in Payzone Hellas

28th August 2014 12:31 pm GMT

Greece’s OPAP has signed a preliminary agreement to acquire a majority stake in mobile phone top-up provider Payzone Hellas for €7.75m.

OPAP’s wholly owned Cyprus-based subsidiary, OPAP Investment, has agreed a deal with Payzone Group and Coltonia Holdings to acquire a 90 per cent stake in Payzone Hellas.Payzone Hellas operates the largest merchant-located payment terminal network in Greece for electronic recharge services for mobile phones, prepaid vouchers for e-commerce transactions and over [...]

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