$2.7B Kindred Group Takeover by French Lottery Giant FDJ Approved — With Caveat
French antitrust regulators have approved the proposed $2.7 billion acquisition of Stockholm-listed online gambling giant the Kindred Group by Française des Jeux (FDJ), France’s lottery monopoly. FDJ will likely acquire Kindred to create a “European gaming champion” but it must keep its monopoly business completely separate from the new brands. (Image: FDJ) However, regulator l’Autorité […]
Standard General Bally’s Acquisition Unlikely to Face Antitrust Threats
Standard General’s proposed $18.25 per share takeover of Bally’s (NYSE: BALY) appears unlikely to face antitrust scrutiny from federal regulators because the related waiting period on that matter is set to expire at midnight Monday. Standard General founder Soo Kim. The hedge fund won’t face federal regulatory scrutiny related to its planned acquisition of Bally’s. […]
