The stock price of French gaming group La Française des Jeux experienced notable fluctuations due to its response to market concerns about a possible increase in gambling taxes.
Following rumors that the government planned to increase gambling taxes in order to support the Social Security budget, FDJ's shares saw a precipitous decline.
This announcement follows the completion of FDJ's tender offer for Kindred Group earlier today, in which the company acquired 90.66% of its share capital.
Following rumors that the government planned to increase gambling taxes in order to support the Social Security budget, FDJ's shares saw a precipitous decline.
This announcement follows the completion of FDJ's tender offer for Kindred Group earlier today, in which the company acquired 90.66% of its share capital.