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FanDuel Owner Flutter to Delist From London After Shift to US

FanDuel Owner Flutter to Delist From London After Shift to US
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FanDuel Owner Flutter to Delist From London After Shift to US Flutter Entertainment Plc announced it plans to delist from the London Stock Exchange about two years after the online betting group shifted its primary listing to New York, as part of a wave of international companies that moved their main trading stateside. The departure from London’s bourse comes as the company reviewed factors including the level of trading activity in its UK-listed shares and additional costs and “concluded...

FanDuel Owner Flutter to Delist From London After Shift to US Flutter Entertainment Plc announced it plans to delist from the London Stock Exchange about two years after the online betting group shifted its primary listing to New York, as part of a wave of international companies that moved their main trading stateside. The departure from London’s bourse comes as the company reviewed factors including the level of trading activity in its UK-listed shares and additional costs and “concluded that it is in the best interests of the company and its shareholders to proceed with the LSE delisting.” [Image text:] betfair PP. Betfair sky Paddy Posr bet
London (LOCATION) US FanDuel Owner (ORG) US Flutter Entertainment Plc (ORG) the London Stock Exchange (ORG) New York (LOCATION) UK (LOCATION) LSE (ORG)
Originally published by Bloomberg Markets Read original →