Allen & Overy advises BNP Paribas and Société Générale on the financing of La Française des Jeux's takeover bid on Kindred

Published Date
Jan 24, 2024
Allen & Overy has advised BNP Paribas and Société Générale on the financing of the tender offer launched by La Française des Jeux to acquire the entire share capital of Kindred, a leading European online betting and gaming company, operating the Unibet brand.

Announced before the opening of the stock market on January 22, 2024, this tender offer is made at a price of SEK 130 per share in Kindred Group, a Maltese company which is listed on Nasdaq Stockholm.

With this transaction, FDJ aims at creating a European gaming champion, which would become the second-largest operator in the sector in Europe.

The Allen & Overy team was led from Paris by partner Julien Roux, senior associate Tristan Jambu-Merlin and associate Reda Boujnini.

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