Third Point Bids For 33 Percent of Greek Based OPAP

Greek gambling monopoly OPAP, has been eyed by several foreign investors who have expressed their interest in buying a stake in the company. We have been talking about Dan Loeb’s interest in this company and in Greece as a whole. Third Point put up a bid to acquire a 33 percent stake in OPAP today, Reuters reports. This comes after Loeb announced that Third Point would be launching a Greece focused hedge fund named Third Point Hellenic Recovery Fund. Loeb’s interest in OPAP and other Greek assets is, however, not newly realized. A 33 percent ownership in OPAP would be worth roughly…