Sale of OPAP

15.04.2015 |

ICT Holding’s Vitalpeak Ltd has sold its 22.35% stake in the investment fund Emma Delta to the Czech-based KKCG investment group. Emma Delta owns a 33% stake in OPAP, the Greek gambling monopoly with a market capitalisation of over €2.4 billion.

Konstantin Yanakov, Member of the Board of Directors of ICT Holding Ltd, commented: ”We are proud to have been part of a consortium of international investors that participated in the privatisation announced by the Greek government and to have successfully turned around the Company. ICT Holding plans to reinvest the sale proceeds into our strategic assets"