Posts tagged: Flutter Entertainment

Deals, Deals, Deals ... in a bear market - Part 20

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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Flutter followers all aflutter about, er, short covering...

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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