Paddy Power Betfair confirms potential bid for FanDuel

London-listed firm in talks to acquire a majority stake in the DFS operator to help target the US sports betting market

Paddy Power Betfair (PPB) this morning confirmed it is in discussions to buy a majority stake in US DFS operator FanDuel. Rumours of a potential acquisition first surfaced last night from US news outlets Legal Sports Report, before the London-listed firm issued an RNS announcement this morning. “PPB notes the media speculation, and confirms it…

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