M&A
1 articles tagged "M&A".
IG Group Acquires Underdog Fantasy in $1.3bn Deal to Boost US Prediction Market Presence
IG Group acquires Underdog Fantasy for $1.3bn, including $1.1bn upfront and $200m earnout, to accelerate its entry into US prediction markets. Underdog recently launched its own regulated exchange, and IG expects the deal to be accretive by year three.