Flutter outlines post-TSG merger business reshuffle

Paddy Power and Sky Betting & Gaming to form new UK & Ireland division after multi-billion-pound merger completes next week

Flutter Entertainment’s multi-billion-pound merger with The Stars Group (TSG) will complete on 5 May following clearance from shareholders and competition regulators. The newly merged behemoth will stick with Flutter’s prior federal operating model, initially with five separate reporting businesses. These include the TSG international division, Paddy Power Betfair, Sky Betting & Gaming (SBG), its Australia-facing…

Flutter Entertainment | M&A | Peter Jackson | Rafi Ashkenazi | The Stars Group