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The UK Competition and Markets Authority (CMA) has unconditionally cleared the combination of The Stars Group with Flutter Entertainment following CMA’s Phase 1 review under the Enterprise Act 2002.

The Stars Group and Flutter had signed a contract that allows an all-share acquisition of The Stars Group by Flutter pursuant to a plan of arrangement under the Business Corporations Act.

The Stars Group and Flutter continue to work carefully for completing the acquisition, provided the contract gets approval from a small number of other regulatory bodies and certain approvals by each of Flutter’s and The Stars Group’s shareholders.