Group of companies Kindred announced about successful purchase of online bookmaker 32Red for 219 million dollars.

Group of companies Kindred announced about successful purchase of online bookmaker 32Red for 219 million dollars.

by 25.02.2017 0 comments

The main assets of KindredGroup are Unibet, iGame, StanJames, Bingo.com and other brands.KindredGroup paid 196 pennies for each stock of the purchased online bookmaker. Thereby, the holding made an offer with the bonus of 16, 3% in comparison with the stocks’ price at the moment when the London stock exchange was closed.

“We are eager to join our forces with the managing team of Kindred. We also hope that the share of our company at regulated European markets will grow”, these words were said by the Executive Director of 32Red, the employee Ed War announces.

“Purchase of 32Red is included into our strategy of multi brand development. It will help us to develop our business at regulated markets. 32Red provides services of a high quality and practices individual approach to every separate client”, Henrik Tarnstrem said.

Earlier KindredGroup confirmed that it became the first operator of gambling sphere corresponding to all consumer protection standards of the European Union.

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