Greece agrees on improved offer by Emma Delta to buy 33 pct of OPAP

Greek Finance Minister Yannis Stournaras, in a statement welcomed the deal saying “the first large privatization was successfully completed today, with multiple benefits for the Greek state.”

The Greek FinMin said the deal “offered evidence of investment capital’s

confidence in the Greek economy while at the same time safeguarded for the first time that beyond the selling price the state will also receive proceeds from a 30 pct tax on gross earnings annually”.

Stournaras noted that the government’s privatization programe will move forward with determination in order to accelerate the country’s exit from the crisis at the fastest possible time and with the most beneficial terms for the national economy.

The Hellenic Republic Asset Development Fund in an announcement said that Emma Delta has raised its initial offer of 622 million euros to 652 million euros.

Source: AMNA