Investors divide up lottery group Sazka
Czech investment groups KKCG and EMMA Capital have agreed to split assets in lottery and gaming firm SAZKA Group, the biggest shareholder in Greek betting firm OPAP, the companies said on Thursday.
Under the deal, KKCG, owned by investor Karel Komarek, will get 100 percent of SAZKA Group and the shares it holds in its Czech lottery unit, as well as OPAP, Italy’s LOTTOITALIA and Casinos Austria.
EMMA, the investment group of investor Jiri Smejc, will get SAZKA’s shares in Croatian sportsbook company SuperSport and financial compensation of several hundred million euros, the statement said.
Before the split, which still must pass regulatory hurdles in respective countries, KKCG held 75 percent of SAZKA and EMMA 25 percent.
“With this settlement, the existing shareholding ratio of both partners in the SAZKA Group… will be accurately adhered to,” the companies said.