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U.S. hedge fund builds stake in Greek gambling monopoly OPAP

Reuters – U.S. hedge fund Baupost Group has a 5.2 percent stake in Greek gambling firm OPAP, a regulatory filing showed on Tuesday, signaling foreign interest in the country’s gambling monopoly before its privatization.

Boston-based Baupost Group, run by money manager Seth Klarman, unveiled the position after it exceeded a 5 percent reporting threshold under Greek law, OPAP said in the filing.

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