Karatzas & Partners is advising SAZKA Group on its all-cash, unconditional tender offer for the acquisition of OPAP. The offer consideration exceeds € 1.9 billion. The Information Memorandum for the tender offer has been approved by the Hellenic Capital Market Commission and was published on September 30th, 2019. The acceptance period commenced on October 1st, 2019 and is expected to close on October 29th, 2019. The tender offer represents the largest offer in Greece for more than 10 years and the largest cash tender offer in Greek history.