KKCG-backed Allwyn International to merge with OPAP in a €16bn deal.

KKCG-backed Allwyn International, a multi-national gaming entertainment company, agreed to merge with OPAP, a gaming company in Greece and Cyprus, in a €16bn deal. "This transaction marks a further milestone in Allwyn's successful journey. Since being founded 13 years ago, we have grown substantially in terms of business performance, scale and innovation. With this combination, we will be able to grow further, faster as we deploy Group-wide know-how, a unified brand and sponsorship strategy, and in-house technology and content," Robert Chvatal, Allwyn CEO.