After 68 Years, OPAP Turns a Page - Entering a New Era as Allwyn
After nearly seven decades as a fixture of Greek business life, OPAP-the country's storied gaming and lottery operator-is entering a new chapter under the name Allwyn, marking a major step in its evolution from a national institution into a truly international enterprise. The rebranding represents the culmination of a transformation that began in 2013, when the Greek state sold its stake to the Emma Delta investment group. Now, OPAP's integration into the Allwyn family signals a strategic realignment within a global gaming conglomerate, extending well beyond its domestic roots. For Greek shareholders, the issue is not the name itself but the opportunity that the merger creates. The Allwyn-OPAP agreement, far from being a surprise, is the next stage of a carefully designed corporate restructuring aligned with international standards. Under the deal, Allwyn will hold 78.5% of the combined entity, with OPAP's minority shareholders...
ΛΕΞΕΙΣ ΚΛΕΙΔΙΑ
The mega-deal between OPAP, a Greek company involved in game betting and lottery, and entertainment company Allwyn creates a global gambling giant, as the Financial Times (FT) reports. "Czech billionaire Karel Komarek creates €16bn gambling giant," the FT headline reads, with the report explaining the deal creates the second-largest gambling company listed in the...
The boards of both companies have approved the business merger of Allwyn with OPAP, through a transaction that combines all corporate holdings they control. The equity value of the resulting entity is estimated at $16 billion. To implement the transaction, a formal agreement will be signed between the two companies. The merged company will be renamed Allwyn. The...
Greek gaming giant OPAP is set to merge with its majority shareholder Allwyn International in a landmark €16 billion deal that will create the world's second-largest publicly listed gaming and entertainment group. The merger, approved by both companies' boards, will combine all their corporate holdings under a single entity to be named Allwyn, marking a milestone in...
The boards of both companies have approved the business merger of Allwyn with OPAP, through a transaction that combines all corporate holdings they control. The equity value of the resulting entity is estimated at $16 billion. To implement the transaction, a formal agreement will be signed between the two companies. The merged company will be renamed Allwyn. The...
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