Hellenic Capital Market Commission
The Hellenic Capital Market Commission on Monday approved a bid by Czech-based Sazka Group to take full control of gaming firm OPAP.
Greece sold a 33 percent stake in OPAP to Emma Delta, currently owned by Sazka Group and Georgios Melissanidis, in 2013 for about 650 million euros as part of an international bailout.
The Athens Stock Exchange opened with a slight increase at 0.13% in the first few minutes on Tuesday before a 5% drop. The basic share price index later stabilized at 3.83% standing at 642.49 points at 11 a.m. and marking turnover at 16.26 mln euros.
The FTSE/ASE Large Index for blue chip and heavily traded stocks was down 5.43% and the FTSE/ASE Mid Cap index dropped by 2.36%.