Stock Exchange: OPAP changes its name on the board
The stock of OPAP Holdings S.A. will change its ticker to ALWN following the completion of a cross-border merger with Allwyn.
OPAP Holdings S.A. is undergoing a rebranding as it completes a significant cross-border merger with Allwyn, which is expected to finalize today. As part of this merger, the company's corporate name will change to Allwyn AG. This change reflects broader shifts in the companyβs strategic direction and aims to align its branding with its new operational structure.
From tomorrow, the company's shares will be renamed on the Athens stock exchange to ALWN, marking a new chapter in its corporate identity. The merger signifies not only a transformation for the company but also presents opportunities for growth and expansion in the gaming industry. It underscores the increasing trend of consolidation within this sector as companies seek to enhance their competitiveness on a global scale.
The announcement emphasizes that this information is based on journalistic research and should not be seen as investment advice. Investors are advised to exercise caution and perform their due diligence before making any decisions regarding the purchase, sale, or retention of shares related to OPAP Holdings or the newly formed Allwyn AG.