Tag Archives: Zeal Network SE

Lottoland makes €76m move for Zeal German assets

Keeping to its word, the governance Lottoland Holdings has put forward a €76 million cash offer, seeking to takeover Zeal Network’s core German market assets. At the start of a tumultuous week, Lottoland Chief Executive Nigel Birrell had written an open letter to Zeal Network shareholders, urging for them to refuse Zeal Network’s planned takeover of competitor Lotto24 AG, which …

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Lottoland CEO urges Zeal shareholders to drop Lotto24 takeover

Lottoland Chief Executive Nigel Birrell has urged Zeal Network SE investors to reject the firm’s planned acquisition of German competitor Lotto24 AG, a transaction which will be voted for at a scheduled Zeal AGM on 18 January. Yesterday Birrell published an open letter to Zeal’s Dr Helmut Becker (CEO) and Jonas Mattson (CFO) questioning the ‘value and economic sense’ of …

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