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Writer's pictureKaupo Kask

"Minority shareholders of Olympic who fought a legal battle won the right to millions"


Attorney-at-law Kaupo Kask successfully represented over 1,200 minority shareholders in the dispute over determining the fair compensation for the takeover of shares in Olympic Entertainment Group AS.


On September 30, 2024, Harju County Court issued a decision determining the fair compensation for the minority shareholders during the takeover of their shares to be €1.90 per share, which is €0.50 more than what the acquirer considered fair.


The decision has not yet entered into force—it can be appealed within 15 days from the receipt of the court ruling.


The result was also covered in Äripäev:



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