January 11, 2019
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 …
Read More »January 8, 2019
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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