Stars Group and Sky Bet £3.5bn merger ap­proved

The Daily Telegraph - Business - - Business -

A Cana­dian gam­bling firm has been granted ap­proval by the Com­pe­ti­tion and Mar­kets Au­thor­ity (CMA) to fi­nalise its $4.7bn (£3.6bn) takeover of Sky Bet. The Stars Group re­cently an­nounced that Sky Bet chief ex­ec­u­tive Richard Flint has been pro­moted to ex­ec­u­tive chair­man of Sky Bet­ting & Gam­ing. The deal was orig­i­nally an­nounced in April.

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