M&A

Flutter offloads Oddschecker to Bruin Capital in £155m deal

PokerNews to remain with FTSE 100 operator as Bruin takes charge of affiliate amid pledge to fund US expansion strategy

Flutter Entertainment has sold its Oddschecker Global Media affiliate business to US investment firm Bruin Capital for an initial £135m. The FTSE 100 operator had been plotting the sale of Oddschecker and its portfolio of affiliate brands for almost a year, with Bruin confirmed as the successful bidder on 12 July. The deal is subject…

Affiliates | Bruin Capital | Finance | Flutter Entertainment | M&A | oddschecker | Oddschecker Global Media | Strategy | US | US sports betting

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