Lenz & Staehelin acts as Swiss counsel to KKCG and Sazka Group
KKCG and Sazka Group announced that funds managed by Apollo Global Management have agreed to invest EUR 500 million in Sazka Group, a pan-European company specializing in national lotteries, instant lotteries and digital gaming. The investment will be effected through an investment into Sazka Entertainment, a newly established wholly-owned subsidiary of KKCG. The transaction is subject to customary closing conditions.