Flutter Entertainment will buy Boyd Gaming’s 5% stake in FanDuel in a deal worth about $1.76 billion, giving it complete ownership of the online betting operator, the companies said on Thursday. The deal gives...
Intralot to buy Bally’s International Interactive unit in deal valued at 2.7 billion euros
Greek gaming firm Intralot said on Tuesday it would acquire Bally’s International Interactive business in a cash-and-stock deal, valuing the unit at 2.7 billion euros ($3.18 billion). The deal will expand...
Star Entertainment’s Queen’s Wharf stake exit deal collapses
Australia’s Star Entertainment said it had received a notice from Hong Kong’s Far East Consortium International and Chow Tai Fook Enterprises to terminate the deal to sell its 50% stake in its Queen’s...
EU antitrust regulators to rule on Universal, Downtown Music deal by July 22
EU antitrust regulators will decide by July 22 whether to clear Universal Music Group’s $775 million acquisition of Downtown Music, according to a European Commission filing on Tuesday. Virgin Music Group, the...
Warner Bros Discovery bondholders approve plan to split the company
Warner Bros Discovery bondholders overwhelmingly approved a plan to split the corporation and put in place a new capital structure related to the deal, the company said on Monday. Bondholders voted to remove...
NCLAT declines to stay CCI order against UFO Moviez, Qube Cinema
The appellate tribunal NCLAT has refused to stay a CCI order, which imposed penalties on UFO Moviez India and Qube Cinema Technologies for indulging in anti-competitive practices. A three-member bench said the...
Warner Bros Discovery splits streaming from cable TV in latest media shakeup
Warner Bros Discovery said it would split into two publicly traded companies, separating its studios and streaming business from its fading cable television networks as the parent of HBO and CNN looks to compete better...
Madison acquisition: Havas Chairman says looking at possibilities in every market
A few weeks after reports highlighted a possible interest by top holding companies, Publicis and Havas in acquiring a majority stake in the advertising business of Sam Balsara’s independent media agency Group from...
CCI Approves Jumbotail’s Acquisition of Solv India; Multi-Party Equity Deal Cleared
The Competition Commission of India (CCI) has approved a complex, multi-layered proposed combination involving Jumbotail Technologies Pvt. Ltd. (JTPL), Standard Chartered-backed entities, and a network of investors and...
Nazara continues acquisition spree as it buys UK-based firm for ₹247 cr
Nazara acquires UK’s Curve Games to expand global publishing and IP portfolio as part of an ongoing M&A strategy across interactive gaming and esports Digital gaming firm Nazara Technologies has acquired UK...
Absolute Sports to acquire pro-wrestling sites TJRWrestling and ITRWrestling in $1.25 million deal
Absolute Sports, the parent company of sports news website Sportskeeda and a subsidiary of Nazara Technologies, is set to acquire two pro-wrestling media properties—TJRWrestling and ITRWrestling—in a $1.25 million all...
Banijay in early talks on ITV’s Studios as RedBird deal stalls, sources say
Banijay, the French TV production group behind “Big Brother” and backed by the Arnault family, has held discussions about a possible offer for British broadcaster ITV’s studio business, two people...
