Tag Archives: Divyesh Gadhia

Flutter finalises TSG merger agreement

Flutter Entertainment has confirmed the completion of its $11 billion merger with The Stars Group (TSG), and will begin trading on the London Stock Exchange and Euronext Dublin Exchange. Upon completion of the deal, Flutters’ entire enlarged issued share capital was admitted to the premium listing of the Official List of the Financial Conduct Authority and the Official List of …

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Stars Group investors back Flutter combination outright

Gambling’s merger between Flutter Entertainment Plc and The Stars Group Inc (TSG) has cleared a further  hurdle, as this afternoon TSG shareholders approved terms forming a new $11 billion entity. Issuing a corporate filing, TSG governance confirmed that company investors had voted 99% in favour of completing the merger deal with Flutter. TSG’s merger approval follows Flutter’s shareholder vote on Tuesday, …

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Flutter and Stars ‘confident’ of mega-merger green light

Following this morning’s announcement that The Stars Group (TSG) is to be acquired by Flutter Entertainment, board members have emphasised their confidence that the mega-merger would gain the necessary regulatory approvals to go ahead. Confirmed in a conference call with both investors and industry analysts, Flutter chief executive Peter Jackson emphasised that he believed there should be no concerns regarding …

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Stars Group appoints Observer to its Board of Directors

Copyright: bacho12345 / 123RF Stock Photo

The Stars Group Inc. has announced today that it has entered into an agreement with Mr. Tang Hao and his affiliated entity Discovery Key Investments Limited. Mr. Tang Hao currently holds 26,455,200 common shares of the Company, representing approximately 17.9% of the outstanding common shares of The Stars Group. In connection with that agreement, Melvin Yanmin Zhang has been appointed …

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David Baazov takes voluntary leave as Amaya CEO & Chairman

Toronto TSX listed online gambling operator Amaya Inc has confirmed that CEO & Chairman David Baazov is “taking an indefinite paid leave of absence from the company, effective yesterday”. Issuing a corporate statement Amaya governance detailed that Baazov had opted to take voluntary leave from leadership with a view to prepare for his management takeover of Amaya assets. Furthermore, Baazov …

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