Following La Française des Jeux (FDJ)‘s successful acquisition of Kindred Group, six members of Kindred’s Board of Directors, including the Chairman, have resigned, making way for a new leadership team. This significant reshuffling, led by newly appointed Chairperson Pascal Chaffard, is set to redefine Kindred’s governance as it integrates with FDJ’s expanding European gambling operations. […]
FDJ Launches All-Cash Tender Offer for Kindred to Create European Gaming Champion In a bold strategic move that promises to reshape the landscape of the gaming industry, FDJ has unveiled its all-cash tender offer to acquire the entirety of Kindred, one of Europe’s foremost online betting and gaming giants. This groundbreaking deal is poised to […]
Kindred’s Ongoing Battle Against Norway’s Monopoly Gambling System Ends in Legal Victory for Lottstift. Norway’s gambling regulator, Lottstift, has reiterated its call for Kindred to cease its operations in the Norwegian market indefinitely. This comes after Lottstift secured a significant legal victory in its dispute against Trannel International, a subsidiary of the Swedish gambling operator. […]