Flutter Entertainment eyes move of primary listing to New York

De-listing from Euronext

Cristian Angeloni
clock • 1 min read

Sports betting and gambling company Flutter Entertainment – formerly Paddy Power Betfair – has listed on the New York Stock Exchange, where it is planning to move its primary listing.

The move also included its de-listing from the Euronext Dublin, while its primary listing will remain in London for the time being. However, the company has engaged with US investors and with shareholders globally, as it intends to move its primary listing to New York. Air Astana reveals target price as airline eyes 14 February listing Flutter said this would increase its profile in the US, as well as allow the company to recruit and retain US talent, obtain greater access to "much deeper capital markets", which would provide the firm with greater liquidity and access to US indices...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Companies

Asset managers assess distribution model as majority target wholesale private markets push

Asset managers assess distribution model as majority target wholesale private markets push

Client consolidation challenges

James Baxter-Derrington
clock 29 February 2024 • 2 min read
Man Group assets hit fresh record despite $300m Q4 outflows

Man Group assets hit fresh record despite $300m Q4 outflows

Profits fall on lower performance fee revenue

Valeria Martinez
clock 29 February 2024 • 2 min read
London Stock Exchange Group eyes £1bn buybacks in 2024

London Stock Exchange Group eyes £1bn buybacks in 2024

‘Encouraging IPO pipeline’

Cristian Angeloni
clock 29 February 2024 • 1 min read
Trustpilot