Posts tagged: Flutter Entertainment
Thursday, 23 December 2021, 8:05 pm
It's December 23rd but yet the deals keep on coming.
Indeed, this morning London-listed Flutter Entertainment, the parent company of Paddy Power and Sky Bet, announced the £1.6 billion purchase of Italian gambling company Sisal and this afternoon it emerged Quidel Corporation, the US-listed testing group, is paying $6 billion in cash and stock offer for Ortho Clinical Diagnostics...
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Wednesday, 2 October 2019, 8:03 am
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.
https://www.cityam.com/uk-outbound-ma-plunges-to-lowest-level-in-a-decade/..
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Thursday, 4 July 2019, 9:07 am
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...
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