Amathus Public Limited (CSE:ANC) and Kanika Hotels Plc agreed to acquire 45% stake in Olympic Lagoon Hotels Limited from K.A. Olympic Lagoon Resort Limited for approximately €220 million on July 3, 2017. Amathus Public Limited (CSE:ANC) and Kanika Hotels Plc cancelled the acquisition of 45% stake in Olympic Lagoon Hotels Limited from K.A. Olympic Lagoon Resort Limited on July 3, 2018.