FDJ in process of acquiring operator Kindred

A press release published on Sunday said that La Francese des Jeux (FDJ) is in the process of submitting a takeover offer for online gaming operator Kindred which exclusively owns Unibet. “Kindred confirms public cash offer from FDJ», announces the group listed on Nasdaq in Stockholm. “The FDJ buyout offer should be announced before the market opens on Monday morning (January 22, 2024).», Kindred clarifies. Contacted by AFP on Sunday evening, La Francese des Jeux did not want to comment.

“Following press articles (…), Kindred confirms that FDJ has offered to acquire the entire outstanding share capital of Kindred.“, declares the group. The The Wall Street Journal Referred to the agreement signed by Française de Jacques on SundayApproximately $2.5 billion for the acquisition of Kindred Group” Kindred Group is one of the world’s leading online gaming operators, operating in Europe, North America and Australia. It has 30 million customers spread across 9 brands (Unibet, bingo.com, 32 Red, Maria Casino, etc.)

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The company, which employs around 2,500 people, is listed on the Nasdaq Stockholm Large Cap and is a founding member of the European Gaming and Betting Association (EGBA) as well as the IBIA (International Betting Integrity Association). In 2023, FDJ, which has ambitions in gambling, from online poker to horse racing betting, announced that it would buy the operator of the Irish national lottery, Premier Lotteries Ireland (PLI), “for an enterprise value of 350 million euros», for the first time in its history, became the operator of a lottery abroad.