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Investing.com -- Organization of Football Prognostics SA (OPAP) announced a business combination with Allwyn through an all-share transaction that values the resulting entity at an equity value of €16 billion.
The combined company will maintain its listing on the main market of the Athens Stock Exchange following the completion of the transaction. Additionally, Allwyn intends to pursue an additional listing on another leading international exchange such as London or New York after closing.
Shareholders can expect a dividend of €0.80 per share, which will be paid shortly after the transaction is completed.
The merger brings together two significant players in the gaming and lottery sector, creating a substantial combined entity with a multi-billion euro valuation.
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