Novomatic Purchases Majority Stake in Österreichischen Lotterien


Austrian Investment firm B & C Industrie Holding made a statement saying it has sold its BAIHsubsidiary stake in the partial Austrian state owned Österreichischen Lotterien (ÖLG) to Novomatic.

The sale price remains private; however the sale is surprising due to stringent pre-emption rights. The majority of Österreichischen Lotterien is owned by Casinos Austria GmbH in addition to a number of banks including Erste Group, Volksbanken, Bankhaus Schelhammer and most recently, Novomatic.

According to a company spokesperson, 'B & C has found the best possible buyer for ÖLG. The OLG and its associated companies can benefit greatly from the expertise of Novomatic.'

Bingo Society News

Login to post a comment:


 
 

Click Here to register a new account

What's going on right now!

47s ago someone from us flag United States read article Robin Hood Bingo Giving Away £55,000

Bingo Community

Share this page on:
Follow LBB on:
Follow LBB

Join now for full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.

In the last 24h

Totals

  • New Members
    2
  • Members Online
    9
  • Guests
    983


eighteen plus only

Follow LBB on Facebook Follow LBB on Twitter Follow LBB on Pinterest Follow LBB on Google plus

DON'T MISS OUT!

Subscribe to our newsletter and get access to tournament codes, the biggest and best exclusive offers, new brand alerts, rogue reports and more!

Enter your email adress:

T&C's Apply. 18+


You have been successfully subscribed to receive LBB newsletter!