US EditionCzech Billionaire Daniel Kretinsky Wants to Take the Majority of the French Group Fnac Darty
41 Articles
41 Articles
The billionaire Daniel Kretinsky wants to rule out the competition. Main shareholder of the Fnac Darty group, the Czech, magnate of the media, distribution and publishing, launched on Monday 26 January a public buying offer (OPA) with the aim of taking hold of at least 50% of the company's capital and thus significantly reducing the influence of the second shareholder of the group, the German distributor Ceconomy, which holds more than 20% of th…
The biggest increase in the SBF 120 index today, the Darty title has immediately adjusted to the price of the 36 euro OPA that the Czech billionaire Daniel Kretinsky already owns of 28.5% of the round table. The price of 36 euros is not very generous and points out a bonus slightly low of 19% compared to the last price of 30.25 euros at the close of the sitting on Friday 23 January.
Czech businessman Daniel Kretinski has announced a takeover bid for French electronics and home appliance retailer Fnac Darty, in which he already controls a 28.5% stake. The deal is valued at around €1 billion, and the company's board of directors has already accepted the offer.
leprogres.fr
Czech billionaire Daniel Křetínský has launched a public purchasing offer (OPA) to take control of the Fnac Darty group, of which he is already the majority shareholder.
The offer must be submitted to the financial regulator before the end of the first quarter.
Fnac Darty has announced that it wants to separate itself from the Nature & Discoveries brand, acquired in 2019. Despite several initiatives, the disappointing results of the wellness brand have prompted the group to launch a sales process to find a partner capable of restarting its business.
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