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Freshfields Advises FDJ on the All-cash Tender Offer for Kindred to Create a European Gaming Champion

Global law firm Freshfields Bruckhaus Deringer (Freshfields) is advising FDJ on the filing of a tender offer to acquire the entire share capital of Kindred to create a European gaming champion.

Kindred is one of Europe’s leading online betting and gaming companies, operating the Unibet brand. SEK 130 per share in Kindred, which is listed on Nasdaq Stockholm, and will create a European gaming champion with an enhanced financial profile.

This transaction, unanimously recommended by Kindred’s Board of Directors, will create value for FDJ shareholders.

The Freshfields team is being led by a cross-border, cross-practice team comprising Paris-based partner Hervé Pisani, counsel Arnaud Mouton, and partner Sebastian Fain in New York, on US corporate aspects. Partner Stéphanie Corbière and associates Samvel Der Arsenian and Maha Alami, advised on financing aspects, together with partner James Duncan, in London, and counsel Greg Kahn, in New York. Partner Vincent Daniel-Mayeur, and counsel Thomas Métayer, advised on tax aspects.