By Sabela Ojea

Flutter Entertainment PLC said Tuesday that U.S.-based The Capital Group Companies, Inc. has taken a 17.08% stake in the company.

Prior to this transaction, The Capital Group Companies didn't have any participations within the Dublin-based sports-betting and gambling group.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

01-12-21 0731ET