Loading...
Market
Will FDJ successfully integrate Kindred Group operations by the end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from FDJ or financial reports
Story
FDJ Completes €2.5 Billion Tender Offer for Kindred Group, Creating European Gaming Champion
Oct 3, 2024, 04:55 PM
FDJ has successfully completed its €2.5 billion acquisition of Kindred Group, creating a major pan-European gaming operator. The tender offer, initially announced in January for approximately $2.8 billion, marks a significant consolidation in the European gaming industry. This acquisition positions FDJ as a leading player in the market, enhancing its competitive edge and expanding its operational footprint across Europe. FDJ's Tender Offer for Kindred succeeds, creating a European Gaming Champion.
View original story
Similar markets
Yes • 50%
No • 50%
Successful restructuring and exit from Chapter 11 • 25%
Partial restructuring with ongoing Chapter 11 proceedings • 25%
Sale of major assets or brands • 25%
Liquidation • 25%
Yes • 50%
No • 50%
New lawsuit filed • 25%
Settlement reached • 25%
Countersuit filed • 25%
No significant action • 25%
