Flutter Entertainment plc’s Acquisition of Tombola Limited

In UK Freshfields Bruckhaus Deringer LLP, advised on the matter.

Freshfields Bruckhaus Deringer LLP advised Flutter Entertainment plc (former Paddy Power Betfair) with a team including Alex Potter (Competition Law), Deirdre Trapp (Competition Law), Rhys Evans (Picture – Equity Capital Markets), Oliver Lazenby (Equity Capital Markets), Giles Pratt (IP&IT), Peter Clements (Tax M&A and Deal Advisory).

Flutter Entertainment plc acquired Tombola Limited, one of the UK’s market leading online bingo operators.

Flutter Entertainment plc is an Irish bookmaking holding company created by the merger of Paddy Power and Betfair, and the later acquisition of The Stars Group. 

The Freshfields team was led by partner Rhys Evans  (Picture)and also included partners Oliver Lazenby (Corporate), Deirdre Trapp and Alex Potter (Antitrust), Peter Clements (Tax) and Giles Pratt (IP/cyber).

Involved fees earner: Peter Clements – Freshfields Bruckhaus Deringer LLP; Rhys Evans – Freshfields Bruckhaus Deringer LLP; Oliver Lazenby – Freshfields Bruckhaus Deringer LLP; Alex Potter – Freshfields Bruckhaus Deringer LLP; Giles Pratt – Freshfields Bruckhaus Deringer LLP; Deirdre Trapp – Freshfields Bruckhaus Deringer LLP;

Law Firms: Freshfields Bruckhaus Deringer LLP;

Clients: Flutter Entertainment plc (former Paddy Power Betfair);

Author: Giulia Di Palma