FDJ: Kindred takeover bid launched
This takeover bid will open on February 20 for a maximum period of 39 weeks. Its completion remains subject to obtaining regulatory approvals and FDJ's acquisition of at least 90% of Kindred's capital.
Kindred's Extraordinary General Meeting will be held on March 15, on second call, to vote on a change to the company's bylaws allowing for a compulsory buyback of the remaining shares once the 90% shareholding threshold has been reached.
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