There were plenty of reports (not here) yesterday about how dealmaking in the UK is in the doldrums, with "the value of UK outbound merger and acquisition" sinking to its lowest level in the last decade. Below are links to a couple of pieces on the topic.
Posts tagged: Flutter Entertainment
Today's serious newspapers - the venerable Financial Times, The Daily Telegraph and The Times - pin Flutter's 20pc share price gain during yesterday's session to various bid rumour theories.
US stakebuilding, private equity or a takeover offer from various competitors were tipped as reasons for the share price surge in the company formerly known as Paddy Power Betfair...