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Greece Sells Stake in Gambling Monopoly OPAP

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Greece Sells Stake in Gambling Monopoly OPAP
AIRED:
Some positive economic news for Greece. It's concluded its first big privatisation, selling a controlling stake in gambling monopoly OPAP to an investment fund. Athens needed to complete the sale to show it was finally making good on promises to try to sell off state assets and cut debt - as demanded by its EU/IMF bailout. Investment fund Emma Delta met Athens' demand to raise its offer for Greece's most profitable firm to 650 million euros, according to officials involved in the sale.moreless
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