M&A - Flutter Entertainment plc
Form Type: 8-K
Filing Date: 2025-05-15
Corporate Action: Acquisition
Type: New
Accession Number: 000119312525120227
Filing Summary: On May 15, 2025, Flutter Entertainment plc announced the completion of the acquisition of a stake in NSX Group. This announcement was communicated through the Regulatory News Service in London and fulfills the disclosure requirements set by the United Kingdom Financial Conduct Authority’s Disclosure Guidance and Transparency Rules. The related documentation, including the details of the share repurchase program, is included as Exhibit 99.1 in the filing of this Form 8-K.
Additional details:
Item Date: 2025-05-15
Rn Announcing Stake Acquisition: NSX Group
Exhibit Description: RNS Announcement regarding share repurchase program
Exhibit Date: 2025-05-15
Form Type: 8-K
Filing Date: 2025-04-30
Corporate Action: Acquisition
Type: New
Accession Number: 000119312525105891
Filing Summary: On April 30, 2025, Flutter Entertainment plc announced the closing of the strategic acquisition of Snaitech S.p.A. This acquisition was funded by a senior secured first lien term loan of €2.5 billion, which was converted from binding commitments into a definitive bridge credit agreement on April 29, 2025. The bridge credit agreement includes provisions for financing the acquisition, refinancing debt, paying associated fees, and supporting general corporate purposes. The loan matures on April 29, 2026, with potential extension options and an interest rate structure based on EURIBOR plus an applicable margin. The acquisition aligns with Flutter's strategic goals in the gaming and sports betting market.
Additional details:
Loan Amount: €2.5 billion
Maturity Date: 2026-04-29
Interest Rate: EURIBOR plus 1.25% margin
Form Type: 8-K
Filing Date: 2025-04-09
Corporate Action: Acquisition
Type: New
Accession Number: 000119312525076565
Filing Summary: On April 9, 2025, Flutter Entertainment plc announced via the Regulatory News Service in London regarding its previously announced acquisition of Snaitech S.p.A. This acquisition represents a strategic move to expand Flutter's operational footprint and enhance its market presence.
Additional details:
Date Of Event: 2025-04-09
Company Name: Flutter Entertainment plc
Address: 300 Park Ave South, New York, New York, 10010
Telephone Number: (646) 930-0950
Acquired Company: Snaitech S.p.A.
Exhibit Description: RNS Announcement, dated April 9, 2025.
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