Flutter to buy Italian company Snaitech in €2.3bn

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 27 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 98%

Snaitech Notícia

Flutter

Acquisition will give Paddy Power owner a larger footprint in Italian market

Peter Jackson, chief executive of Flutter Entertainment which has agreed to buy Italian company Snaitech in a deal worth about €2.3 billion. Photograph Nick Bradshaw

Snaitech is one of Italy’s leading business to consumer operators, and is currently a subsidiary of Playtech. The acquisition of the company, which is expected to close by the second quarter of 2025, is in line with Flutter’s international market investment strategy. The deal will give Flutter an online share or about 30 per cent, with operating cost synergies of €70 million or more.Vetting to identify staff submitting ‘bogus’ claims against employers, inheritance tax, and tips on setting out your affairs for loved ones

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 3. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Millennium Management shorting €200m-plus worth of shares in Irish companiesUS hedge fund sets its sights on Flutter and Bank of Ireland
Fonte: IrishTimes - 🏆 3. / 98 Consulte Mais informação »

Flutter Acquires Controlling Stake In Brazilian Betting Company For $350 MillionFlutter Entertainment, the parent company of Paddy Power Betfair, has acquired a controlling 56% stake in NSX Group, the operator of Brazil's Betnacional brand. This move positions Flutter for growth in the burgeoning Brazilian betting market, which is expected to fully regulate its online sports betting and iGaming sector early next year.
Fonte: IrishTimes - 🏆 3. / 98 Consulte Mais informação »