(CercleFinance.com) – La Française des Jeux (FDJ) indicates that the Swedish Financial Market Supervisory Authority (SFSA) has approved the offer document relating to its public purchase offer for Kindred Group, the operator of online betting and games operating under the Unibet brand.
This takeover bid will open on February 20 for a period of maximum 39 weeks. Its completion remains subject in particular to obtaining regulatory authorizations and the acquisition by FDJ of at least 90% of the capital of Kindred.
Kindred’s extraordinary general meeting 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.