FDJ Announces the Opening of Its Public Purchase Offer on Kindred
Boulogne, February 19, 2024 (8:30 a.m.) – The Swedish Financial Market Supervisory Authority (SFSA) today approved the “offer document” relating to the public tender offer of the FDJ group for Kindred Group Plc . This offer will open on February 20, 2024 for a period of maximum 39 weeks.
The completion of the takeover bid remains subject in particular to obtaining regulatory authorizations and the acquisition by FDJ of at least 90% of the capital of Kindred.
The extraordinary general meeting of Kindred required to decide on a change to the statutes allowing a compulsory repurchase of the balance of the shares once the holding threshold of 90% of the capital has been reached will be held, upon second call, on March 15.
The offer document is available in English and Swedish on the FDJ group website:
SOURCE: La Française des Jeux (FDJ)
Tags: La Française des Jeux (FDJ), Kindred Group Plc, SFSA