Ad Blocker Detected
Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker.
Published: Feb. 14, 2023 at 2:18 a.m. ET
Flutter Entertainment PLC said Tuesday that it plans to start a consultation with shareholders over a potential U.S. listing of its shares, and if there is sufficient support then this will take precedence over any plans to list a small shareholding in FanDuel.
The Dublin-based gambling group said that a U.S. listing would provide a number of long-term strategic and capital market benefits including greater overall liquidity in its shares and the chance to pursue a primary U.S. listing, among other things.
Flutter…
By Ian Walker
Flutter Entertainment PLC said Tuesday that it plans to start a consultation with shareholders over a potential U.S. listing of its shares, and if there is sufficient support then this will take precedence over any plans to list a small shareholding in FanDuel.
The Dublin-based gambling group said that a U.S. listing would provide a number of long-term strategic and capital market benefits including greater overall liquidity in its shares and the chance to pursue a primary U.S. listing, among other things.
Flutter said it will start the consultation with shareholders immediately before putting forward any formal proposal.
Write to Ian Walker at ian.walker@wsj.com