Betting shares, including Paddy Power-Betfair, rose sharply on the back of further industry consolidation talk, this time concerning a potential $5.2bn (€4.4bn) takeover of Ladbrokes-Coral by online operator GVC, which owns Bwin and Foxy Bingo, writes.
Fri, 08 Dec, 2017
Paddy Power-Betfair chairman Gary McGann yesterday defended the betting services group’s remuneration policy as “fair, transparent, and balanced” despite nearly a third of investors voting against it at the group’s first AGM as a merged entity.
Thu, 19 May, 2016
Paddy Power-Betfair has no immediate plans to replace outgoing chief operating officer Andy McCue — whose departure was announced yesterday — with his role set to be subsumed by chief executive Breon Corcoran for the foreseeable future.
Thu, 24 Mar, 2016
Paddy Power’s management has said it will not decide on the level of redundancies stemming from its near €7bn merger with UK rival Betfair until completion of the deal in the first quarter of 2016.
Tue, 22 Dec, 2015