Flutter Entertainment has agreed to acquire Italy-facing operator Snaitech from Playtech in a deal valued at €2.3 billion ($2.6 billion). The deal was signed on Tuesday (September 17) after rumors had been circulating for months about the potential acquisition. It was on Monday that the deal was suggested to be close to being completed. The price of the transaction almost reached Playtech’s entire market value of $3 billion which was its closing price in London on Monday, just a day before the deal was publicly announced.

BING NEWS:
  • Flutter bets on Italian gambling market with $2.6 billion Snaitech deal
    Flutter Entertainment said on Tuesday it would buy Snaitech for 2.3 billion euros ($2.6 billion) including debt from gambling technology group Playtech, cementing its position as the leading gambling ...
    09/17/2024 - 8:57 am | View Link
  • Flutter Acquires Snaitech from Playtech in $2.6B Deal
    Dual-listed Flutter Entertainment PLC ($FLUT) ($GB:FLTR) today announced that it has agreed to acquire Italian gaming operator Snaitech S.p.A.
    09/17/2024 - 2:50 am | View Link
  • Sports Betting Giant Flutter Acquires Playtech’s Italian Unit For $2.6 Billion
    Flutter Entertainment has agreed to buy Italian gambling operator Snaitech in a cash deal valued at €2.3 billion.
    09/17/2024 - 1:34 am | View Link
  • Flutter Entertainment buys Snaitech from Playtech in €2.3B deal
    Flutter Entertainment (FLUT) has agreed to acquire Italian gambling company Snaitech S.p.A. for €2.3 billion from UK gambling technology firm Playtech (PYTCY). Snaitech, the number three..
    09/16/2024 - 8:44 pm | View Link
  • Playtech sells Italian arm to Flutter for £2bn
    London-listed gambling tech provider Playtech has agreed to sell its Italian gaming arm Snaitech to Flutter Entertainment for €2.3bn (£1.9bn). Playtech first confirmed discussions with Flutter, the ...
    09/16/2024 - 7:24 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News