Top UK Stocks to Watch: Flutter shares hit new high as it mulls FanDuels IPO Joshua Warner March 15, 2021 8:50 AM Flutter considers its options for US unit FanDuel, Deliveroo plans to raise £1 billion through its IPO, DCC buys Worner Medizinprodukte, Ascential struggles during a tough 2020, and Provident shares sink as the FCA investigates its consumer credit business. Share: Top News: Flutter Entertainment considers spinning-off US business with IPO Flutter Entertainment shares hit a new all-time high on Monday after revealing it is considering a spinning-off its US business FanDuel with an initial public offering in the US. Reports broke last week that said Flutter, the owner of Paddy Power Betfair and other gambling brands, was being pushed by some investors to spin-off FanDuel to try and boost its value.