Hong Kong CNN —French gambling giant La Française des Jeux (FDJ) has offered to acquire online betting firm Kindred for 27.95 billion Swedish kronor (about $2.67 billion). The offer for Kindred, a Swedish-listed firm that operates the brands Unibet, 32Red and Bingo.com, is being made at 130 kronor ($12.4) per share in cash. That represents an approximate 24% premium over its last share price on Friday, according to a Kindred statement. It would help FDJ significantly scale its international business, with its current share of overseas gross gaming revenue projected to rise from 6% to approximately 20%, should the deal go through. “I’m delighted with today’s transaction announcement between FDJ and Kindred, creating a leading European gaming operator with the financial and strategic capabilities to further expand its global footprint,” Kindred CEO Nils Andén said in the statement.

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Persons: FDJ, Kindred, “ I’m, Nils Andén Organizations: Hong Kong CNN, Kindred Locations: Hong Kong, European, Swedish, Paris, Europe, North America, Australia