Deal snapshot: Kindred Group Closes Acquisition of Belgian Casino Operator Blancas NV.
MANews-(C)2009-2021
Malta-based online gambling operator Kindred (STO: KIND-SDB) has closed the acquisition of 100% of the shares in Blankenberge Casino-Kursaal (Blancas) NV, which operates Casino Blankeberge in Belgium, from The Rank Group plc (LSE: RNK) at a valuation of GBP 25m (USD 34.56m) on a cash free and debt free basis, the company said.
The acquisition will solidify Kindred's long-term operations and commitments in Belgium and...
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