Tag Archives: Stephen Peel

Olympic Entertainment majority shareholders accept Novalpina’s €288 million buyout offer

SBC News Olympic Entertainment majority shareholders accept Novalpina's €288 million buyout offer

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. Offering a 3.3% premium on OEG’s ‘average exchange price’ for the past six …

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