London-listed gaming operator Flutter Entertainment has agreed an all-share deal to merge with Toronto-listed The Stars Group.
The all-share combination will see Flutter acquire The Stars Group (TSG) through a plan of arrangement to create a global leader in sports betting and gaming with a diverse portfolio of brands and complementary products with a broad geographic reach.
The recommended transaction gives TSG shareholders 0.2253 new Flutter shares in exchange for each TSG share, with Flutter Entertainment owning [...]
