Paddy Power shares up 7% on US merger talks

Paddy Power-Betfair shares jumped more than 7% on the back of the betting group confirming merger talks with US ‘fantasy sports’ company FanDuel.

Paddy Power shares up 7% on US merger talks
Thu, 17 May, 2018 - 07:45

By Geoff Percival

Paddy Power-Betfair shares jumped more than 7% on the back of the betting group confirming merger talks with US ‘fantasy sports’ company FanDuel.

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<p>Cork-founded information and communication technologies company PFH Technology has posted turnover of €178.5m, up 18% on the previous year, with operating profits increasing to €19.8m.</p>

Profits rise to €19.8m at Cork-headquartered PFH Technology

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