Bloomberg News

Opap to Seek Shareholder Approval for 600 Million-Euro Loan

October 12, 2011

Oct. 12 (Bloomberg) -- Opap SA, Europe’s biggest listed gambling company, will seek shareholder approval on Nov. 3 to take out a loan of as much as 600 million euros, according to an Athens bourse filing today.

Opap shareholders will also vote on plans to pay the Greek government 935 million euros for a ten-year extension of its betting monopoly and licenses for video lottery terminals.

To contact the editor responsible for this story: Maria Petrakis at mpetrakis@bloomberg.net


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