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HSBC Rises Holding In Paddy Power To 5.4% From Below Notifiable Level (ALLISS)

2nd Jul 2018 18:23

LONDON (Alliance News) - Paddy Power Betfair PLC on Monday said HSBC Bank PLC upped holding in the FTSE 100-listed gambling firm.

After a transaction on Tuesday last week, the bank increased its interest to 5.4%, having previously held a stake below notifiable threshold.

Shares in Paddy Power closed down 2.8% on Monday at 8,065.00 pence each.


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HSBC HoldingsPaddy Power Betfair
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