Shares in the newly-merged Paddy Power Betfair were trading at €138.45 in the mid afternoon of their first day of trading on the Irish Stock Exchange on Tuesday – valuing it at more than €10 billion.

Shares in the newly-merged Paddy Power Betfair were trading at €138.45 in the mid afternoon of their first day of trading on the Irish Stock Exchange (...)

Paddy Power’s merger with Betfair is expected to be completed next week

Paddy Power will pay dividends totalling more than €140 million or €3.18 a share to investors in early March following its merger with rival Betfair. (...)

Paddy Power Betfair will be headquartered in Dublin. Photograph: Bloomberg

Paddy Power looks set to complete its near €10 billion merger with rival Betfair in a little more than two weeks after the Republic’s competition reg(...)

Andy McCue (left), chief executive, and Gary McGann, chairman, at the Paddy Power egm in Dublin on Monday. Photograph: Eric Luke

Paddy Power and Betfair are merging in a drive to scale up their businesses and cut costs as new taxes and regulation begin to take their toll on the (...)

Paddy Power chief executive Andy McCue at the company’s  egm on December 21st. “I cannot think of another sector that is as competitive as ours, so I would be optimistic of getting it early next year.”  Photograph: Eric Luke/The Irish Times

Paddy Power chief executive Andy McCue hopes the company’s €10 billion merger with Betfair will pass remaining regulatory hurdles in time for the dea(...)

Paddy Power  shareholders have backed  a proposed merger between the two companies

Paddy Power and Betfair shareholders have paved the way for the creation of an €8 billion gambling giant by voting for the pair’s planned merger. The(...)

Competition authorities in both the UK and the Republic must approve the merger. Photograph: Bloomberg

Paddy Power’s proposed €8 billion merger with Betfair cleared a key hurdle yesterday when one of two competition regulators investigating the deal ap(...)

Paddy Power chief executive Andy McCue. He will become the chief operating officer of any new group

A leading investor activist group is urging Betfair shareholders to back the company’s planned €8 billion merger with rival Paddy Power at a meeting n(...)

In Ireland, amounts staked rose by 8 per cent in the period under review, with revenue up by 4 per cent, “driven by our market leading customer offering, with the benefit of an improving economy” Paddy Power said. (Photograph: Matthew Lloyd/Bloomberg)

Bookmaker Paddy Power shareholders will receive details of its proposed €8 billion merger with rival Betfair in coming weeks, ahead of voting on the p(...)

Inside a Paddy Power shop in Central London. Paddy Power Betfair will have its main listing on the London Stock Exchange. Photograph: EPA

The €2 billion-a-year gambling giant formed by the merger of Irish bookie Paddy Power and London-listed betting exchange Betfair will be based in the(...)