Allwyn Entertainment has reached agreement with Yeonama Holdings to purchase more of the minority interest in Sazka Delta AIF Variable Investment Company.
Allwyn, the Sazka Entertainment brand, holds part of the interest in OPAP, the Greek lottery company, and will take up the option for the remaining shares for €327.4m. It means that Allwyn will increase its interest in OPAP to 48.1 per cent.
Allwyn CEO Robert Chvatal (pictured), said: “Acquiring the remaining minority interest in Sazka Delta is an important step for Allwyn and continues our long-term strategy of increasing stakes in our operating companies.
“This transaction concludes a series of transactions through which we have bought out the interests of other shareholders in Sazka Delta over the last three years.”