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(Sharecast News) - Betfair and Paddy Power operator Flutter Entertainment said on Tuesday that its merger with Canadian poker company The Stars Group Inc has been informally approved by the Australian Competition and Consumer Commission.
The deal remains subject to approval by the Australian Foreign Investment Review Board and other international regulatory bodies.
Flutter and The Stars Group, which owns Poker Stars, agreed a ?10bn deal in October of last year.
12 Apr 2023 16:54
LONDON MARKET CLOSE: Stocks in the green as US inflation rate cools
(Alliance News) - Stocks in London closed higher on Wednesday as the US inflation rate continued to cool, providing investors with some hope that the cycle of rate hikes may soon be at an end.
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