Zeal issues warning to shareholders over Lotto24 takeover

CEO says multi-million-pound takeover in jeopardy if January general meeting is delayed

The ongoing spat between lottery operator Zeal and minority shareholder Lottoland took another twist today as Zeal confirmed its bid to takeover fellow lottery operator Lotto24 would be terminated if shareholders did not approve the deal in January. On Monday, Lottoland CEO Nigel Birrell penned an open letter to Zeal shareholders criticising the deal and…

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