La Française des Jeux (FDJ) has made a bid to acquire the Kindred Group, a significant European-focused betting operator that is listed on the stock exchange in Stockholm, Sweden. As reported by Gambling Insider, the acquisition is expected to be completed in due course, subject to regulatory approval and the buyer securing the requisite capital holding. FDJ is the operator of France’s national lottery games, online gambling and sportsbooks. It went public in 2018 after the French government decided to sell off 50% of its shares in the company. The fresh offer made to Kindred, an all-cash tender, was valued at SEK 130 ($12.43) per share, meaning an increase of 24% on the closing price of F
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