Betfair

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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(...)

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(...)

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(...)

Paddy Power and  Betfair  plan to merge to create one of the world’s biggest gambling groups.

Paddy Power’s €8 billion merger with Betfair faces a possible setback as the State’s competition watchdog could delay a decision on the deal until we(...)

Paddy Power is involved in a proposed £5 billion merger with Betfair. Photograph: Julien Behal/PA Wire

Odds fall on job cuts The Sunday Times reports that Paddy Power and Betfair will yield savings of £25 million from their proposed £5 billion(...)

Paddy Power’s ongoing merger with Betfair is valued at €3.8 billion. Photograph: Matthew Lloyd/Bloomberg

Merger and acquisitions activity accelerated in the third quarter with 74 deals worth €13.8 billion involving Irish companies recorded during the peri(...)

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