OPAP?s Privatization Hits A Snag

Already setback by the failure to get any bids for its state gas company during a privatization push, Greece now has run into a roadblock over last month’s sale of a 33 percent stake in the gambling monopoly OPAP because of a dispute between the new main shareholder, Emma Delta, and the state privatization fund, TAIPED. OPAP subsidiary’s, OPAP Investment Ltd, management team has been ...

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