Boulogne-Billancourt (France), 19 February 2024 (8:30 a.m.) – The Swedish Financial Supervisory Authority (SFSA) today approved the “offer document” relating to the FDJ Group’s tender offer for Kindred Group Plc. This offer will be launched on 20 February 2024 for a maximum period of 39 weeks.
The completion of the tender offer remains subject to regulatory authorisations and FDJ’s acquisition of at least 90% of Kindred’s capital.
Kindred will hold an Extraordinary General Meeting on 15 March, on second convening, to decide on a change to the Articles of Association to allow for the implementation of a squeeze-out procedure in the event that FDJ acquires at least 90% of Kindred’s capital.
The offer documentation is available in English and Swedish on the FDJ Group website: