La Francaise des Jeux set to complete acquisition of Kindred Group

The massive French gaming and lottery company La Française des Jeux is planning to bid for all of Kindred Group's outstanding shares.

La Française des Jeux, the potential new owner of Kindred Group, has started stepping up its expansion plans in addition to its ongoing digitization of its main sports betting and lottery businesses.

In addition to expanding the company's geographic reach, the acquisition of Kindred, which operates in several European markets including the UK, gives it access to a proprietary sports betting platform.
 
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