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US – Flutter confirms press speculation regarding potential FanDuel IPO

By - 15 marzo 2021

Flutter has responded to the recent press speculation in relation to a potential IPO of FanDuel.

Flutter has said that it “regularly evaluates its organisational and capital structure to assess how best to position itself to deliver upon the Group’s strategy.

“Options including the listing in the US of a small shareholding in FanDuel are being considered but no decision has been made at this time.

“Should a decision be made to proceed with a listing in due course, an announcement will be made as appropriate.”

Last year, Flutter acquired the entire 37.2 per cent interest in FanDuel from Fastball for US$4.175bn (£3.131bn), increasing its stake from 57.8 per cent to 95 per cent.

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