Greek company Intralot announced yesterday that, by utilizing its right of first refusal, it has entered into an agreement to acquire an additional stake of approximately 25.01% in its associated company Bilyoner, which would bring its total stake in the company to approximately 50.01%.
Bilyoner is a Turkish company that operates as an electronic agent offering the sports betting games of the state organization SporToto which contribute the majority of its sales and the Lottery games of the state lottery Milli Piyango through internet in the country.
The finalization of the transaction, as Capital.gr reports, is subject to relevant approvals and a two-month grace period to the seller following the above agreement.
(source: ANSA)
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