
Flutter Entertainment to Acquire Stake in Brazil's NSX Group for $350 Million
5 months ago
Flutter Entertainment, a leading online gambling company, announced its plans to acquire a stake in the Brazilian firm NSX Group for $350 million. This deal aims to support Flutter's growth in the Latin American market, which has shown significant dynamism and potential for new product development year after year. The acquisition will allow Flutter to strengthen its position in Brazil, which has become attractive for international investors due to recent changes in gambling legislation.
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