Stars Group and Flutter Entertainment Combo Gets UK CMA Clearance

The UK Competition and Markets Authority (CMA) has unconditionally cleared the combination of The Stars Group with Flutter Entertainment following CMA’s Phase 1 review under the Enterprise Act 2002.

The Stars Group and Flutter had signed a contract that allows an all-share acquisition of The Stars Group by Flutter pursuant to a plan of arrangement under the Business Corporations Act.

The Stars Group and Flutter continue to work carefully for completing the acquisition, provided the contract gets approval from a small number of other regulatory bodies and certain approvals by each of Flutter’s and The Stars Group’s shareholders.