On 3 December 2020, Flutter announced that it had entered into a conditional agreement to acquire the entire 37.2% interest in FanDuel Group Parent LLC ( FanDuel ) which is currently held by Fastball Holdings LLC ( Fastball ) for $4.175bn (£3.131bn)
1 (the Transaction ).
The Transaction constitutes a related party transaction for Flutter under the Listing Rules and is conditional on the approval of Flutter shareholders.
A shareholder circular in relation to the Transaction (the Circular ) is expected to be approved, published and posted to Flutter shareholders ( Flutter Shareholders ) today. The Circular contains a notice of extraordinary general meeting of Flutter to be held at 11:00 a.m. on 29 December 2020 at Arthur Cox, Ten Earlsfort Terrace, Dublin, D02 T380, Ireland (the EGM ) for the purpose of seeking approval of Flutter Shareholders for the Transaction.