FDJ: advances closing date of takeover bid for Kindred

(CercleFinance.com) - La Française des Jeux (FDJ) has announced that it is bringing forward the closing date of its takeover bid for Kindred from the initial date of 19 November to 2 October, following the final receipt of all necessary regulatory approvals.


The takeover bid, announced on 22 January at a price of 130 SEK per share, is subject to FDJ acquiring at least 90% of Kindred's share capital.

FDJ will announce the outcome of its offer at the close of trading on 3 October. If successful, settlement-delivery for Kindred shareholders who have tendered their shares to the offer will take place from 11 October.


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