Allwyn acquires remaining Sazka minority to increase stake in OPAP

Lottery and online gaming operator Allwyn has purchased the remaining minority interest in Sazka Delta. Sazka, an entity through which Allwyn holds interest in OPAP, has resultantly increased its economic interest in OPAP, rising from 41.2% to 48.1%. Its stake in OPAP is now worth around €327.4m ($371.5m). Offset against the net debt and working capital of Sazka, the takeover implies a 10% premium on OPAP’s current market share. The...