FDJ completes tender offer for Kindred Group, acquiring over 90% of shares

With 90.66% of Kindred’s shares acquired, FDJ will implement a squeeze-out process and complete the transaction, extending the offer period for remaining shareholders until 18 October. Key Points: - FDJ has acquired 90.66% of Kindred’s share capital by the offer deadline of 2 October - FDJ will carry out a squeeze-out procedure to acquire remaining shares - The acquisition is valued at approximately €2.5bn La Français...