Crédit Agricole Assurances announces the launch of an accelerated bookbuilding offering of its whole stake in FDJ United

Core Viewpoint - Crédit Agricole Assurances is launching an accelerated bookbuilding offering to sell its entire stake in FDJ United, which amounts to approximately 3.3% of the company's share capital and 4.5% of its voting rights [1][2]. Group 1: Company Overview - Crédit Agricole Assurances currently holds 6,110,156 shares of FDJ United, an international gaming operator, and has been a shareholder since its IPO in November 2019 [2]. - The company has supported FDJ United's development, including its recent acquisition of Kindred [2]. - Following the completion of the placement, Crédit Agricole Assurances will no longer hold any shares in FDJ United [2]. Group 2: Offering Details - The placement will commence immediately after the announcement, with final terms to be determined post-bookbuilding process [3]. - Settlement of the placement is expected to occur on 11 July 2025 [3]. - The shares of FDJ United are listed on the regulated market of Euronext in Paris [3]. Group 3: Regulatory and Market Context - The offering is directed exclusively at institutional investors and does not constitute a public offering in any jurisdiction, including France [4][7]. - Crédit Agricole Corporate and Investment Bank and Morgan Stanley Europe SE are acting as Global Coordinators and Bookrunners for the placement [4].