The company that runs the Betnacional brand in Brazil, NSX Group, has seen a 56% acquisition by Flutter Entertainment Plc.
NSX's majority stake was acquired by the gambling group for a cash consideration of about $350 million. Betnacional and Betfair BRA's brands will form the "Flutter Brazil" business, which is expected to be launched through this deal.
NSX's majority stake was acquired by the gambling group for a cash consideration of about $350 million. Betnacional and Betfair BRA's brands will form the "Flutter Brazil" business, which is expected to be launched through this deal.