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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 [...]

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