{"id":266,"date":"2024-06-27T19:56:53","date_gmt":"2024-06-27T16:56:53","guid":{"rendered":"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/2024\/06\/27\/kindred-group-establishes-selection-committee-with-cove-points-meister-as-chair\/"},"modified":"2024-06-27T19:56:53","modified_gmt":"2024-06-27T16:56:53","slug":"kindred-group-establishes-selection-committee-with-cove-points-meister-as-chair","status":"publish","type":"post","link":"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/2024\/06\/27\/kindred-group-establishes-selection-committee-with-cove-points-meister-as-chair\/","title":{"rendered":"Kindred Group Establishes Selection Committee With Cove Point&#8217;s Meister As Chair"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/I5LqPNBipq0\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Kindred Group has declared the establishment of a selection committee, with Keith Meister, the founder of the activist investor, Cove Point Management, serving as the chair.<\/p>\n<p>The five-member committee, appointed by Kindred&#8217;s primary stakeholders as of August 2022, will represent all investors and propose board members in advance of the group&#8217;s 2023 annual general gathering.<\/p>\n<p>The confirmation of the committee follows Cove Point&#8217;s emergence as the largest shareholder in Unibet operator Kindred. Cove Point held a 15.0% interest in Kindred in August of this year and had been pressing the Kindred board to explore a sale.<\/p>\n<p>At the time, Cove Point requested participation in the nomination of its next board, which is also reflected in Meister&#8217;s leadership role on the selection committee.<\/p>\n<p>Cove Point&#8217;s announcement of its initial 10% stake in Kindred created a commotion, followed immediately by calls for the board to seek a sale.<\/p>\n<p>Meister, who supports a sale, will lead the selection committee and assist in choosing the Kindred board.<\/p>\n<p>Joining Meister on the committee are Cedric Boreau from Premier Investissement SAS, Peter Lundqvist from Sweden&#8217;s Third National Pension Fund, and Anders Strom from Veralda Investment Ltd.<\/p>\n<p>Evert Carlsson, chairman of the Kindred board, was also included in the committee. <\/p>\n<p>iGB has learned that Kindred&#8217;s board has contacted other operators and private equity companies, but couldn&#8217;t find any interested purchasers at the present price. Following this, Corvex raised its investment in the company.<\/p>\n<p>Kindred also revealed earlier this week that it will stay in the Norwegian market and challenge the regulatory body Lotteritilsynet&#8217;s verdict to impose daily penalties on its operations.<\/p>\n<p>Lotteritilsynet announced earlier this month that it will penalize Kindred&#8217;s Trannel subsidiary for each day it continues to operate in Norway. The penalties will take effect three weeks after the regulator issues its fine ruling, on October 5th.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Kindred Group has declared the establishment of a selection committee, with Keith Meister, the founder of the activist investor, Cove Point Management, serving as the chair. The five-member committee,&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kindred Group Forms Selection Committee with Cove Point Chair<\/title>\n<meta name=\"description\" content=\"Cove Point Management founder, Keith Meister, leads the committee tasked with proposing board members for Kindred Group\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/2024\/06\/27\/kindred-group-establishes-selection-committee-with-cove-points-meister-as-chair\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Kindred Group Establishes Selection Committee With Cove Point&#039;s Meister As Chair\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Cove Point Management founder, Keith Meister, leads the committee tasked with proposing board members for Kindred Group\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/2024\/06\/27\/kindred-group-establishes-selection-committee-with-cove-points-meister-as-chair\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Stay Ahead of the Curve with Our Licensed Online Casino News\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T16:56:53+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/2024\/06\/27\/kindred-group-establishes-selection-committee-with-cove-points-meister-as-chair\/\",\"url\":\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/2024\/06\/27\/kindred-group-establishes-selection-committee-with-cove-points-meister-as-chair\/\",\"name\":\"Kindred Group Forms Selection Committee with Cove Point Chair\",\"isPartOf\":{\"@id\":\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-27T16:56:53+00:00\",\"dateModified\":\"2024-06-27T16:56:53+00:00\",\"author\":{\"@id\":\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Cove Point Management founder, Keith Meister, leads the committee tasked with proposing board members for Kindred Group\",\"breadcrumb\":{\"@id\":\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/2024\/06\/27\/kindred-group-establishes-selection-committee-with-cove-points-meister-as-chair\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/2024\/06\/27\/kindred-group-establishes-selection-committee-with-cove-points-meister-as-chair\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/2024\/06\/27\/kindred-group-establishes-selection-committee-with-cove-points-meister-as-chair\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Kindred Group Establishes Selection Committee With Cove Point&#8217;s Meister As Chair\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/\",\"name\":\"Stay Ahead of the Curve with Our Licensed Online Casino News\",\"description\":\"Indulge in the excitement of licensed online gambling with our up-to-date news, comprehensive reviews, and informative insights. 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