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Sazka up for grabs as court approves tender process

26th August 2011 9:23 am GMT

The long running saga of beleaguered Czech lottery operator Sazka will come to an end in the next six weeks following a decision by the Prague Municipal Court this week to approve the method and conditions for the sale of the business.

The decision clears the way for Sazka’s insolvency administrator to proceed with a tender for the sale of the company, with the winning tender to be confirmed in less than six weeks.

Sazka said the tender [...]

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