Paddy Power shareholders back €8 billion Betfair merger
Gambling powerhouses set to become global giant
Paddy Power shareholders have today voted overwhelming in favour of an €8 billion merger with Betfair.
At a meeting in Dublin, more than 99 per cent of investors in the Irish bookie voted for the resolutions that will pave the way to join forces with its rival.
By merging early next year, the two outfits will become an international gambling giant with revenues of between €1.5 billion and €2 billion a year – and a stock...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Susan O’Keeffe: One Nation One Britain anthem strikes the wrong note
The British Education Secretary wants school children to join together and sing for shared values of tolerance, kindness, pride and respect on ‘One Britain One Nation day’ — has he taken leave of his senses?
Eugene Kiernan: China was the ghost at the G7 feast
Clarity and cooperation in areas such as trade, monetary policy and vaccines will be important for global stability — and this needs two-way communication with China
Analysis: National Maternity Hospital issue is challenging for FG as by-election approaches
The big question the opposition is raising in liberal Dublin Bay South is whether abortions will be carried out in the new National Maternity Hospital
Nadine O’Regan: Fishing for compliments at our own funerals
Jaws it ain’t, but a brush with an angry weever fish in the shallows of the Atlantic Ocean prompts some musings on mortality