Wednesday, May 18, 2011

Greece hires Deutsche, NBG to advise on OPAP stake sale

Greece said on Wednesday it hired Deutsche Bank
DKBGn.DE and National Bank (NBGr.AT) to advise it on plans to sell its stake in gambling monopoly OPAP (OPAr.AT) as part of its privatisation policy.
"To extend (OPAP's) contract with the state and to explore the possibility of selling the state's participation in OPAP, we select Deutsche Bank and National Bank as financial advisers," the finance ministry said in a statement.




REUTERS