Sporting Solutions is a unit of Groupe Francaise des Jeux, which is seeking a buyer for the business it acquired in 2019 for an undisclosed amount.
As part of its strategy to concentrate on its core business and expand globally, FDJ made this move five years after purchasing the Sporting Group, as it was then known.
The regulatory bodies in France will examine the offer, which represents a 24% premium over Kindred's current share price, over the course of the following nine months.
As part of its strategy to concentrate on its core business and expand globally, FDJ made this move five years after purchasing the Sporting Group, as it was then known.
The regulatory bodies in France will examine the offer, which represents a 24% premium over Kindred's current share price, over the course of the following nine months.