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Czech consortium bids for control of Casinos Austria

25th January 2016 7:01 am GMT

The fight to acquire Casinos Austria has taken a new turn with Austrian Gaming Holding (AGH), the consortium comprising Czech investment firms KKCG and Emma Capital, moving to acquire a controlling stake in the business.

AGH currently holds a 29.63 per cent stake in Medial Beteiligungs-Gesellschaft, one of Casinos Austria’s largest stakeholders. It will now look to acquire an additional 59.26 per cent in Medial, giving it an 88.89 per cent share of the business and thereby [...]

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