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PRESS: Paddy Power Mulled Merger With Peer Stars Group - Sunday Times

Mon, 28th Jan 2019 07:26

LONDON (Alliance News) - Paddy Power Betfair PLC and Stars Group held talks over a GBP8.4 billion merger, the Sunday Times reported.

Paddy Power is believed to have discussed a possible merger towards the end of 2018, though the newspaper said talks with SkyBet owner Stars are no longer taking place.

Any deal, the Sunday Times noted, would "almost certainly" have run into competition issues.

https://www.thetimes.co.uk/article/betting-giants-paddypowerbetfair-and-stars-group-in-merger-talks-db3qmxb2g

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