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32Red shares to delist next month as Kindred completes acquisition

7th June 2017 7:19 am GMT

Stockholm-listed gaming operator Kindred Group has completed the acquisition of 32Red after receiving approval from the UK Gambling Commission, with 32Red’s shares to be delisted from the London Stock Exchange on July 7th.

In addition to regulatory approval, Kindred has received acceptance of its 196 pence per share offer from shareholders representing 97.6 per cent of 32Red's outstanding shares.

Kindred will now exercise its right to compulsorily acquire the remaining 32Red shares and procure the delisting of [...]

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