FDJ is going to launch public tender offer for Kindred.

France top lottery and sports betting company, FDJ, got the thumbs-up from Swedish regulators for its bid to buy Kindred Group.

Now, FDJ is gearing up to launch its offer on February 20. The deal, which will last for about 39 weeks, still needs some regulatory nods and FDJ needs to scoop up at least 90% of Kindred shares.

The deal could close by November. FDJ's recent financial report also showed solid growth.
 
Back
Top