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Flutter Completes €2.5 Billion Bridge Financing to Acquire Snaitech

05.14.25

Simpson Thacher recently represented Flutter Entertainment Plc in connection with the €2.5 billion bridge financing of the acquisition of Snaitech S.p.A., one of Italy’s leading omni-channel operators, from Playtech plc.

Flutter is the leading online sports betting and iGaming operator.

The Simpson Thacher team included Shahpur Kabraji, Charley Xu and Rachel Roberts (Credit – UK); Gil Strauss, Iakovos Anagnostopoulos, Julia T. Szinovatz, Lampros Anastasopoulos and Yun Kei Chow (Capital Markets); and Benjamin Persina and Win Lalley (Credit – US).