Paddy Power

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Wall Street struggled for gains in volatile early trading, weighed down by healthcare stocks and oil prices hitting fresh 12-year lows. Photograph: Andrew Burton/Getty Images

European shares ended a choppy session in negative territory yesterday, with drugmaker Shire falling sharply after announcing it would buy Baxalta, a(...)

A toy bull sits in front of the DAX Index curve at the Frankfurt Stock Exchange in  Germany on Monday: financial markets started 2016 on a bleak note and China is at the centre of it. Photographer: Martin Leissl/Bloomberg

Irish and European markets fell on Monday as a slide in Chinese equities fuelled investors’ fears that a slowdown in the world’s biggest market will h(...)

Shares in Paddy Power declined 1.6% to €121.10 on the day that shareholders in the Irish company and in rival Betfair paved the way for the creation of an €8bn  gambling giant

European shares fell yesterday, giving up earlier gains as losses in Spain and a rise in the euro weighed on the region’s stock markets. The pan-Europ(...)

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(...)

Nike boots: the company’s results are out on Tuesday. Photograph:  EPA/PETER POWELL
For your diary

TODAY Results: Timberline Resources; American Power Group. Meetings: Paddy Power egm (Power Tower, Clonskeagh, Dublin); Betfair general meeting (Water(...)

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(...)

Paddy Power: news of the proposed merger with Betfair, first announced in August, wasn’t all that surprising, given the consolidations that have been going on in the gambling industry. Photograph:  Julien Behal/PA Wire

Sometimes it’s hard to take Paddy Power seriously. The gambling company has built up a reputation for mad PR stunts and controversial marketing campai(...)

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(...)

A farmer with a bucket of slop - an image from UTV Ireland’s on-screen brand “refresh”, unveiled in September.

Another year in the triumphs and travails of the media and there is one puzzle with the power to fox daily. Not why is every YouTube celebrity some(...)

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