Flutter Entertainment could announce its acquisition of Playtech’s Snaitech business later this week, according to a report.
Sky News says a £2bn deal is firmly in the works for Flutter to continue its corporate expansion – and its expansion in Italy.
Flutter and Playtech confirmed they were in discussions regarding a deal for Snaitech in mid-August.
On Monday, as Playtech revealed its revised agreement with Caliplay over a long-running legal battle, the company said discussions with Flutter are continuing.
Flutter’s potential acquisition of Snaitech would follow its purchase of Sisal in 2021 for €1.9bn.
