Novibet and Allwyn abandon proposed 51% stake acquisition after competition review
Novibet and Allwyn jointly ended the proposed acquisition of a 51% stake in Novibet after receiving feedback from the Hellenic Competition Commission. Novibet said the decision followed an evaluation of the transaction and its terms; the commission had raised concerns about the potential market impact in conclusions published in December 2025.
The deal’s termination leaves Allwyn without the proposed controlling stake and Novibet outside the planned acquisition.