Following the Extension of Its Public Tender Offer, FDJ Will Hold 98.60% of the Share Capital of Kindred
- Created on .
Stéphane Pallez, Chairwoman and CEO of the FDJ Group, said: “I am delighted to announce today the acquisition of Kindred, a leading European player in the competitive online betting and gaming sector. Kindred has strong brands, recognised technological excellence and an attractive growth and profitability profile, all of which will bolster FDJ’s strengths. The two groups also share high standards for responsible gaming and a business model that combines performance and responsibility."
INTRALOT Chairman Sokratis P. Kokkalis noted: “Half year results confirm the company’s stable course and maintenance of key financial indicators at desired levels, in spite of FX headwinds and seasonality effects.