US EditionFnac Darty's Board of Directors Approves the Plan to Take over Czech Billionaire Daniel Kretinsky
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13 Articles
The Board of Directors of Fnac Darty gave its green light to Daniel Kretinsky's OPA, which aims to take the majority control of the group. The offer values the company to more than one billion euros and is expected to be finalised in the second half of 2026, under validation of the AMF.
The Czech billionaire is already the main shareholder of Fnac Darty, amounting to 28.5% of the capital. With this OPA, he intends to cross the 50% threshold.
The acquisition of majority control of the businessman within the French group specializing in electronics and cultural products received a favourable opinion on Tuesday, 10 March.
Fnac Darty : The Board of Directors of Fnac Darty issues a favourable and unanimous reasoned opinion on the proposed tender offer initiated by EP Group
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The board of directors of Fnac Darty has issued a motivated opinion "favorable and unanimous" regarding the public takeover bid (OPA) launched last January by EP Group, signature of the Czech billionaire Daniel Kretínsky, which values the French retail distribution group at about 1.1 billion euros.
Fnac Darty board approves Daniel Kretinsky's takeover bid - RetailDetail EU
Czech billionaire Daniel Kretinsky is one step closer to completing his takeover of French retail giant Fnac Darty. The retailer's board has unanimously approved the takeover bid. Now it's up to the competition authorities...
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