Tag: Betfair merger

January 15, 2016 BY Maria Nikolova

Ireland's CCPC approves proposed merger of Betfair, Paddy Power

Less than a month after the proposed merger of Paddy Power plc and Betfair Group Ltd (LON:BET) got the nod of consent of the UK Competition and Markets Authority (CMA), the deal secures the approval of Ireland's Competition and Consumer Protection Commission (CCPC). The Irish watchdog today announced that it has cleared the proposed merger.…

Read more
December 17, 2015 BY Maria Nikolova

UK CMA clears merger of Betfair and Paddy Power

The UK Competition and Markets Authority (CMA) today announced that it has decided not to refer the anticipated merger of Paddy Power plc and Betfair Group Ltd (LON:BET) to a Phase 2 investigation under the provisions of the Enterprise Act 2002, thus giving its consent for the deal to proceed. Betfair expects that the deal,…

Read more