Flutter shareholders vote to move listing from London to New York

Paddy Power owner will make switch to its ‘natural home’ by May in further blow to London Stock Exchange

London’s stock exchange is to lose another high-profile company after shareholders in the Paddy Power owner Flutter backed a proposal to move its primary listing to New York.

Investors at its annual meeting on Wednesday voted 98% in favour of the gambling company, formerly known as Paddy Power Betfair, making the switch, which it expected to become effective by the end of May.

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