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Allwyn and OPAP agree merger expected to complete in first half of 2026

Deals & M&A

Allwyn and OPAP plan to merge their operations across Europe, the United States and other markets, with completion expected in the first half of 2026 subject to shareholder approval. The combined company will remain listed on the Athens Stock Exchange, while Allwyn is considering an additional listing in London or New York. Allwyn executives Robert Chvátal and Kenneth Morton are expected to lead the group.

The proposed merger would combine two gaming businesses and may add an international listing to the Athens quotation.

End-of-day close Allwyn (ALWN), EUR, to 28 November 2025
Story date1 September 202528 November 2025

Latest reported results

Allwyn Athens: ALWN

Quarter ended 30 June 2026

Revenue
EUR 1.25bn
Operating income
EUR 141.0m

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