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Flutter Entertainment plc (NYSE:FLUT) shares are trading at a lower premarket on Friday. The company disclosed the acquisition of an initial 56% stake in NSX Group for around $350 million. NSX is a Brazilian operator with a portfolio of brands, including the flagship Betnacional sports betting and iGaming brand. The transaction aligns with Flutter’s strategy to invest in leading positions in international markets, positioning it as a significant player in the rapidly growing Brazilian market. As per the transaction agreement, Flutter will pay around $350 million in cash and contribute its ...


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