Episode
Billionaire’s Stealth Bid for Flutter
- Published
- Jun 15, 2026
- Duration seconds
- 96
- Processing state
not_requested
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Summary
Billionaire Kenneth Dart is racing to grab nearly 30% of Flutter Entertainment—home to FanDuel and Paddy Power—possibly dodging a mandatory buyout by leveraging derivative stakes without voting rights. With Flutter’s US-focused pivot, delisting from London, and a surprise profit downgrade, Dart’s aggressive accumulation clashes with hedge funds betting against the company in a high-stakes Wall Street showdown. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/42d1acc04330c8e8