€3.8bn Sky deal creates rival for Paddy Power

The $4.7bn (€3.8bn) takeover of Sky Betting and Gaming by Canada’s Stars Groups is set to significantly increase the competitive pressure on rival players including Paddy Power-Betfair, according to analysts.

€3.8bn Sky deal creates rival for Paddy Power

By Geoff Percival, Eamon Quinn and Sandrine Rastello

The $4.7bn (€3.8bn) takeover of Sky Betting and Gaming by Canada’s Stars Groups is set to significantly increase the competitive pressure on rival players including Paddy Power-Betfair, according to analysts.

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