April 18, 2024
Française des Jeux (FDJ) Chairwoman and CEO Stéphane Pallez has praised the group’s first quarter performance as online sports betting and gaming revenues rose 9.5% YoY to €141m as overall group revenues rose 7% to €710m and that it was “confidently pressing ahead” with its proposed €2.4bn acquisition of Unibet parent Kindred Group. Updating markets, FDJ noted that completion of …
Read More »May 23, 2023
Anders Ström, the enterprise founder of Kindred Group (formerly Unibet Plc) has detailed rifts between him and the former C-level team of the business led by ousted CEO Henrik Tjärnström. In an interview with Swedish business news source Dagens Industri, Ström – who founded Unibet in 1997 – expressed his dissatisfaction at “being kept in the dark” from key strategic …
Read More »August 1, 2022
Kindred Group Plc investors have been notified that the board of the Stockholm-listed online gambling group has authorised a share buyback mandate to begin. The buyback mandate had secured its approval at an Extraordinary General Meeting (EGM) held by Kindred’s board on 10 June 2022. From 1 August, Kindred will begin its share repurchasing scheme that will run until the …
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