Fdj's takeover offer for Kindred is accepted by Sfsa

French gambling company got the green light from the Swedish Financial Supervisory Authority to move forward with its plan to buy Kindred Group.

Kindred's board agreed to the €2.6bn offer in January. The offer officially starts on February 20 and lasts up to November 19, depending on regulatory approval and FDJ acquiring at least 90% of Kindred.

FDJ aims to strengthen its online presence and become a major player in European gambling.