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Zeal shareholders approve capital increase to fund Lotto24 takeover

21st January 2019 6:42 am GMT

Frankfurt-listed lottery provider Zeal Network has received the necessary shareholder approval to fund its proposed takeover of Lotto24.

The company’s General Meeting in London on Friday saw shareholders vote 60 per cent in favour of the required capital increase, one of the necessary preconditions for the planned all-share takeover of Lotto24.

“Our plan to reunite Zeal and Lotto24 offers a fantastic opportunity for sustainable growth and creates significant value - for shareholders of both companies, customers and the [...]

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