The company, which operates the Olympic Casino brand, distributed shares in the separate entity to a parent company controlled by Novalpina, the email said, effectively paying the London-based La compagnia di investimenti Novalpina ha presentato un'offerta per acquisire la società di casinò estone Olympic Entertainment Group. Odyssey Europe As, controllata dalla compagnia di investimenti lussemburghese Novalpina, ha presentato un'offerta per acquisire tutte le quote della società estone di gioco Olympic Entertainment Group As (Oeg), al prezzo di 288,4 milioni di euro. Olympic Entertainment Group (OEG) is the most popular bookmaker for both casino and sports in Estonia, Latvia and Lithuania, while also being active in Slovakia, Malta and Italy. OEG currently has under its umbrella 115 Olympic Casino properties and 27 OlyBet betting shops with a workforce for both land-based and digital properties that approximates 3,000 employees. and online casino and betting operator listed on the Nasdaq Tallinn Stock Exchange. The offer will be for €1.90 in cash per OEG share. This cash offer is expected to be published on 4 April 2018 and values OEG at some €288 million. OE AS is a fully owned subsidiary of funds advised by Novalpina Capital, a European private equity firm. Luxembourg-based private equity firm Novalpina Capital has put forward a bid to acquire Tallinn (Estonia) listed gambling firm Olympic Entertainment Group (OEG) outright. Issuing a market update, Novalpina details that it has placed a €1.90 per share offer for OEG’s enterprise through its investment vehicle Odyssey Europe AS. Olympic Entertainment Group AS with its subsidiaries (hereinafter the “Group”) is the leading provider of gaming services in the Baltic States (Estonia, Latvia and Lithuania), and operates casinos in Slovakia, Italy and Malta. Olympic Entertainment Group | 1,452 followers on LinkedIn. www.olympic-casino.com www.olybet.eu | Olympic Entertainment Group AS with its subsidiaries are the leading provider of gaming services The company, which operates the Olympic Casino brand, distributed shares in the separate entity to a parent company controlled by Novalpina, the email said, effectively paying the London-based Private equity firm Novalpina Capital has revealed plans to make a voluntary takeover offer for all the outstanding shares of Olympic Entertainment Group (OEG). Novalpina said it will make an offer of €1.90 ($2.33) per share, valuing online casino and betting operator OEG at some €288m. Governance. The Management Board of Olympic Entertainment Group AS is comprised of two members. In the daily management activities, the Management Board of the Company is independent and is guided by the best interests of all shareholders, thereby ensuring sustainable development of the Company according to the set objectives and strategy.
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