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BRIEF-Olympic Entertainment Group: Lithuanian unit to be demerged into two entities
February 27, 2017 / 7:26 AM / 8 months ago

BRIEF-Olympic Entertainment Group: Lithuanian unit to be demerged into two entities

Feb 27 (Reuters) - Olympic Entertainment Group AS:

* Lithuanian subsidiary, UAB Orakulas, will be demerged into two entities within H1 2017

* Aim of demerger is to adjust group structure by separating technology platform of online operations and trading and risk management for sports betting services from operational activities of subsidiary Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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