Final details are apparently being worked out on this deal.
With Paddy Power shareholders set to own 52% of the combined business
Wow...the M&A deals keep coming and they're getting bigger and bigger.
According to Bloomberg, this one...
And the market loves the news...shares in Betfair and Paddy Power both up around 20%creates the world’s biggest publicly-listed online gaming company....which will have annual revenue of more than 1.5 billion euros
'coz good old fashioned real random beats simulated random any day
Who's next?
William Hill (who missed out on 888) + bet365 (yet to enter the fray)
'coz good old fashioned real random beats simulated random any day
Who's next?
William Hill (who missed out on 888) + bet365 (yet to enter the fray)
Well that would be another way of William Hill having more private table capacity ... if they used bet365's empty seats at Playtech.
Albeit not the most cost-effective solution
Merger confirmed today.
With the catchy group name of Paddy Power Betfair
I preferred the @paddypower suggested...
Betty Power
'coz good old fashioned real random beats simulated random any day
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