- Title:
Sale of Oddschecker - Time:
17:00:01 - Date:
12 Jul 2021 - Category:
Miscellaneous - ID:
9632E
12 July 2021
Flutter Entertainment plc ("Flutter")
Sale of Oddschecker
Flutter announces that it has agreed to sell Oddschecker Global Media ("OGM") to Bruin Capital in a transaction that values OGM at up to £155 million. Under the terms of the transaction, Flutter will receive £135 million in cash upon completion, with a further deferred contingent consideration of up to £20 million.
OGM is a leading sports betting and gaming affiliate business. The transaction is expected to close in the third quarter of 2021.
Contacts:
| Investor Relations: |
|
| David Jennings, Group Director of Investor Relations & FP&A |
+ 353 87 951 3560 |
| Ciara O'Mullane, Investor Relations |
+ 353 87 947 7862 |
| Liam Kealy, Investor Relations |
+ 353 87 665 2014 |
| Press: |
|
| Fi Thorne, Corporate Affairs Lindsay Dunford, Corporate Affairs |
+ 44 75 2111 4787 + 44 79 3197 2959 |
| Billy Murphy, Drury Communications |
+ 353 1 260 5000 |
| James Murgatroyd, Finsbury |
+ 44 20 7251 3801 |
Sale of Oddschecker 17:00:0112 Jul 2021Miscellaneous9632E