Betfair shareholders will be entitled to receive 0.4254 shares in newly created Paddy Power Betfair in exchange for each Betfair share.
Read moreUnder the terms of the agreement, Betfair shareholders will own 48%, and Paddy Power shareholders will own 52% of a new entity called Paddy Power Betfair plc.
Read moreTRADOLOGIC released land based terminals earlier this year offering financial gaming. The firm has now furthered its inroads into the betting business, providing binary options solutions to Irish sports betting firm Boylesports.
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