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  5. Paddy Power Acquires Sportsbet Pty

M&A Deal Summary

Paddy Power Acquires Sportsbet Pty

On December 23, 2010, Paddy Power acquired leisure company Sportsbet Pty

Acquisition Highlights
  • This is Paddy Power’s 1st transaction in the Leisure sector.
  • This is Paddy Power’s 1st transaction in Australia.

M&A Deal Summary
Date 2010-12-23
Target Sportsbet Pty
Sector Leisure
Buyer(s) Paddy Power
Deal Type Add-on Acquisition

Target

Sportsbet Pty

Fannie Bay, Australia
Sportsbet.com.au has been established for over 15 years as Australia’s premier internet betting and entertainment website.

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Buyer(S) 1

Buyer

Paddy Power

Dublin, Ireland
Category Company
Sector Gaming
DESCRIPTION

Paddy Power PLC is an online betting and gaming services in Ireland and the UK.

DEAL STATS #
Overall 1 of 1
Sector: Leisure M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2010 M&A 1 of 1
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