Allwyn and Logflex withdraw €217m acquisition from Greek review
Allwyn and Logflex MT Holding Limited jointly withdrew their proposed acquisition from review by the Hellenic Competition Commission after receiving feedback from the authority, Allwyn said. The 2024 agreement envisaged Allwyn buying a 51% stake in Logflex for €217m, with potential earnouts of up to €110m; the companies said the transaction is no longer expected to proceed.
The withdrawn deal will not proceed, ending the proposed acquisition after competition-authority feedback.