FDJ: purchase of 1.12% of Kindred's capital from Veralda

(CercleFinance.com) - La Française des Jeux (FDJ) announced on Thursday evening that it had decided to exercise the pre-emptive right linked to Veralda's irrevocable commitment, following the latter's offer to sell 49% of its shares in Kindred, the online betting and gaming operator operating the Unibet brand.


As a result, FDJ has acquired 2.4 million shares representing 1.12% of Kindred's outstanding shares, at a price of SEK 122.5 per share. Veralda's irrevocable commitment will continue to apply to its remaining 1.18% stake in Kindred.

FDJ announced a takeover bid for Kindred in January. It still holds irrevocable commitments with existing Kindred shareholders, representing a total of 26.82% of outstanding shares.

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