Day: September 18, 2024
$2.7B Kindred Group Takeover by French Lottery Giant FDJ Approved — With Caveat
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French antitrust regulators have approved the proposed $2.7 billion acquisition of Stockholm-listed online gambling giant the Kindred Group by Française des Jeux (FDJ), France’s lottery monopoly. FDJ will likely acquire Kindred to create a “European gaming champion” but it must keep its monopoly business completely separate from the new brands. (Image: FDJ) However, regulator l’Autorité…
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