Greece Accepts Revised Emma Delta Bid for Opap Stake

Greece’s state asset sales fund accepted a revised offer from Emma Delta to buy a 33 percent stake in Opap SA as the government hailed the investment in the country’s biggest gambling company.

Emma Delta offered 652 million euros ($861 million), the Athens-based Hellenic Republic Asset Development Fund said in an e-mailed statement today. The deal is subject to regulatory approval, the fund said. As part of the deal, Greece will also receive 60 million euros in a dividend for 2012.