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Paddy Power-owner Flutter Entertainment has placed eight million new shares to help pay for its Fanduel buyout deal in the US. Photograph: Michael Stephens/PA Wire

Paddy Power-owner Flutter Entertainment confirmed on Friday that it had successfully placed eight million new shares in the company to raise €1.2 bill(...)

The S&P 500 and the Nasdaq touched all-time highs on Thursday as investors looked past bleak economic data, while remaining focused on a Covid-19 vaccine, with the blue-chip Dow getting a boost from Boeing shares. Photograph: AP

European shares ended little changed on Thursday, as a surge in material stocks and Rolls-Royce helped counter downbeat business activity data from th(...)

Flutter owns Paddy Power, Betfair, Australia’s Sportsbet and various betting businesses in Europe, the US.

Paddy Power owner Flutter Entertainment plans to buy out backers including Google Ventures and New York-based investor KKR to take 95 per cent of its (...)