Shares in UK-listed operator Betfair fell by nearly 5 per cent in trading yesterday after Japanese telecommunications and internet corporation Softbank sold its 10.6 per cent stake in the company, though analysts have welcomed the sale as making the operator a more attractive investment target.

Having closed at 879.5 pence on Friday, the exchange operator’s share price fell by 4.49 per cent by close of trading yesterday to 840.0 pence...

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