Tag Archives: Dr Helmut Becker

No Delay – Zeal states that vote on Lotto24 takeover must be sanctioned

The governance of Deutsche Borse-listed Zeal Network has this afternoon communicated that no postponement shall be made for its planned shareholder AGM on 19 January, in which corporate investors will vote on whether to approve the firm’s planned takeover of German market competitor Lotto24 AG. The regulatory approved transaction has hit industry news headlines this January, as Zeal investor Lottoland …

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Zeal counters Lottoland criticism of Lotto24 takeover

The governance of Zeal Network has responded to yesterday’s open letter published by Lottoland CEO, Nigel Birrell urging Zeal shareholders to reject the firm’s approved takeover of German competitor Lotto24 AG. Representing Lottoland as a shareholder of Zeal, Birrell questioned the valuation, legitimacy, management and due diligence of a Lotto24 takeover, stating that should the transaction be processed it would …

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Zeal Group places ‘Internationalisation strategy’ first for future growth

Frankfurt-listed European lottery operator Zeal Group has stated that it is confident in its international projects and investments having concluded a busy H1 2017 period Last week the digital lottery operator detailed ‘solid’ H1 2017 results, with the company reporting group revenues of €64 million combined with an operating EBIT of €7.9 million. Updating investors and stakeholders, Zeal governance stated …

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