Flutter weighs U.S. listing, rather than separate listing for FanDuel
By Ian Walker Flutter Entertainment PLC said Tuesday that it plans to start a consultation with shareholders over a potential U.S. listing of its shares, and if there is sufficient support then this will take precedence over any plans to list a small shareholding in FanDuel.
The Dublin-based gambling group said that a U.S. listing would provide a number of long-term strategic and capital market benefits including greater overall liquidity in its shares and the chance to pursue a primary U.S. listing, among other things. Flutter said it will start the consultation with shareholders immediately before putting forward any formal proposal.
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