FastBall Holdings cuts Flutter stake via £360m block

Aidan Gregory

April 07, 2021 02:00 pm

FanDual_alamy_575_375 — P1DAEW The Android app of fantasy sports site FanDuel is seen on a smartphone on Thursday, May 24, 2018. FanDuel has been acquired by the Irish bookmaker Paddy Power Betfair in a $158 million deal. (A© Richard B. Levine) | Alamy Stock Photo

FastBall Holdings, an investor consortium led by KKR, has offloaded a portion of the stake in Flutter Entertainment it received in December as part of the Irish gaming conglomerate’s buyout of FanDuel Group, the US fantasy sports company.

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Aidan Gregory