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Opap to acquire 51 per cent stake in GML Interactive

7th January 2019 10:17 am GMT
OPAP

Greek gaming operator OPAP has agreed a deal to acquire 51 per cent of the Greek and Cypriot operations of Stoiximan Group.

OPAP’s wholly-owned subsidiary OPAP Investment has agreed to acquire the stake in the operations of GML Interactive Ltd for €94.86m.

The proposed acquisition follows OPAP’s €50m strategic investment in Stoiximan’s parent company TCB Holdings in September 2018, which gave the company a 36.75 per cent stake in the business.

The latest acquisition will give OPAP joint [...]

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