La Française des Jeux (FDJ) Acquires Kindred Group plc
October 23, 2024
La Française des Jeux (FDJ) successfully completed a public tender offer for Kindred Group plc, acquiring at least 98.60% of the company’s share capital and initiating a squeeze-out to buy remaining shares. The acquisition brings Kindred’s digital gaming and betting capabilities into FDJ, significantly expanding FDJ’s international footprint and online revenue mix to create a larger European gaming champion.
- Buyers
- La Française des Jeux (FDJ)
- Targets
- Kindred Group plc
- Sellers
- Veralda
- Industry
- Media & Entertainment
- Location
- Malta
- Transaction Type
- Buyout
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