Markets

Flutter ceases trading in Dublin

Paddy Power-owner is expected to be delisted from Euronext Dublin next Monday as it seeks to move its ordinary shares to Wall Street

Flutter is just the latest in a string of large Irish multinationals to depart the struggling Iseq, which has witnessed more than 20 companies delist since 2018. Picture: Getty

Flutter has officially ceased trading on the Irish stock exchange.

The Paddy Power-owner is expected to be completely delisted from Euronext Dublin with effect from 8am next Monday as it seeks to move its ordinary shares to Wall Street.

The company now hopes to be listed in the US by Friday evening. It will maintain its listing on the London stock exchange, where it is currently trading up 2 per cent to £158.20 (€184.95) per ...