Kindred Group to acquire 32Red in £176m deal

Acquisition of the AIM-listed firm will see Kindred "considerably strengthen" its position in the UK market

Kindred Group has agreed a deal to acquire 32Red for £176m as the operator looks to significantly increase its UK footprint and build on its multi-brand strategy. The deal will see Kindred pay 196p per share for the AIM-listed firm but it is unknown whether 32Red founder, Ed Ware, will remain at the company post-acquisition. In…

32Red | Kindred Group | M&A | Unibet