Emma Delta gets one week extension to submit improved offer for OPAP

20:10 25/4/2013 - Πηγή: Matrix24

Representatives of the investment group asked from Hellenic Republic Asset Development Fund (HRADF) for more time in order to reach their final decisions over a demand by HRADF to improve its initial offer. Emma Delta offered 622 million euros for the acquisition of a 33 pct stake in OPAP. An independent evaluator and the government’s privatization advisors believe that the offer should range between 615-650 million euros. Jiri Smejc and Melissanidis Group are the main shareholders of the investment group, while Lottomatica also participates.

Hellenic Republic Asset Development Fund unanimously accepted Emma Delta’s request and said it will examine the issue again in a meeting on May 1.

Source: ΑΜΝΑ

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