Flutter completes £1.62bn acquisition of Sisal

Flutter Entertainment has completed its acquisition of Sisal. The transaction, which was announced on 23 December 2021, has now come to a close, allowing Flutter to take control of the Italian operator from CVC Capital Partners. However, Sisal didn’t come cheap. The deal signed between CVC and Flutter placed a hefty £1.62bn ($1.97bn) price tag on the operator. This sum, which included all of Sisal’s debt, was due in full on c...