After obtaining all necessary regulatory approvals, La Française des Jeux (FDJ) has moved forward the acceptance period deadline for its offer on Kindred to October 2nd.
On January 22, 2024, FDJ announced a public offer to the holders of Swedish Depository Receipts (SDR) of Kindred Group plc, proposing a cash purchase of all Kindred SDRs held at a price of 130 Swedish Krona per SDR (referred to as "the offer") [1]. The offer document related to this was published on February 19, 2024, with supplementary documents released on April 25, 2024, and July 25, 2024.
FDJ announced that it has received final approval from the French Competition Authority, completing the offer.
The final approval by the French Competition Authority for the acquisition of Kindred was the last regulatory condition needed to complete the offer. Therefore, having received all necessary regulatory approvals, consents, and decisions, FDJ decided to advance the acceptance period deadline for the offer to 17:00 Central European Summer Time on October 2, 2024 (originally set for November 19, 2024).
