Tag Archives: Jonas Mattson

Zeal counters Lottoland criticism of Lotto24 takeover

SBC News Zeal counters Lottoland criticism of Lotto24 takeover

The governance of Zeal Network has responded to yesterday’s open letter published by Lottoland CEO, Nigel Birrell urging Zeal shareholders to reject the firm’s approved takeover of German competitor Lotto24 AG. Representing Lottoland as a shareholder of Zeal, Birrell questioned the valuation, legitimacy, management and due diligence of a Lotto24 takeover, stating that should the transaction be processed it would …

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