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Three bidders remain in Sazka tender process

20th September 2011 9:14 am GMT

Insolvency administrator Josef Cupka has confirmed that three bidders have submitted applications to acquire the assets of Czech lottery operator Sazka, with final binding offers to be submitted by the end of this week.

Last month the Prague Municipal Court approved the method and conditions for the sale of the business, clearing the way for Sazka’s insolvency administrator to proceed with a tender for the sale of the company.

Cupka said that fifteen parties were involved in [...]

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