Russia-linked firm could gain stake in company behind UK’s national lottery
by Alex Lawson from World news | The Guardian on (#634TZ)
PPF in line to acquire shares in Allwyn Entertainment, whose UK arm won lottery licence from Camelot
A Czech investment firm with significant interests in Russia could end up owning a 5% stake in the company behind the UK's national lottery, it has emerged.
Prvni Privatizani Fond (PPF) is poised to acquire shares in Allwyn Entertainment AG via the listing of an investment vehicle in New York in September. Allwyn's UK subsidiary won the licence to operate the lottery from Camelot this year.
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