Fnac Darty: AMF Approves Daniel Kretinsky's Takeover Bid at 36 Euros per Share
The French Financial Markets Authority has approved the takeover bid for Fnac Darty initiated by EP FR HoldCo, a company controlled by Daniel Křetínský. The offer includes Fnac Darty shares at 36 euros each and OCEANE bonds at an indicative price of 81.12 euros, while the group formed around the initiator already holds 28.45% of the capital and voting rights. The initiator has indicated that there will be no compulsory withdrawal or delisting following the operation.
In its session on May 7, 2026, the AMF reviewed the public takeover bid for Fnac Darty's shares and OCEANE bonds submitted by EP FR HoldCo. The regulator declared the project compliant and affixed visa no. 26-129 to Fnac Darty's response document. This visa confirms that the AMF has verified that the document is complete, understandable, and that the information it contains is consistent; however, it does not constitute an approval of the operation, nor a certification of the financial and accounting elements presented.
An Offer at 36 Euros per Share and 81.12 Euros per OCEANE
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
You're in — subscription confirmed!
Your first edition is on its way. Check your spam folder and add us to your contacts.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
Gratuit · chaque matin
Ne ratez plus rien sur vos actions
La tendance derrière les cours. L'essentiel des valeurs Euronext en quelques minutes.
📈les valeurs en mouvement, sur la durée
🎯les objectifs d'analystes qui évoluent
📰les actualités qui font bouger les cours
tendance · 6 séances
✓ C'est fait, vous êtes inscrit !
Votre première édition arrive bientôt. Pensez à vérifier vos spams.
Une erreur est survenue.
CAC 40 · SBF 120 · données indicatives · aucun conseil en investissement · désinscription à tout moment.
EP FR HoldCo commits to acquiring Fnac Darty shares at a price of 36 euros per share, dividend included, as well as the OCEANE bonds at 81.12 euros, this amount being subject to adjustment depending on the final settlement-delivery date. The offer targets shares not held by the consortium formed with VESA Equity Investment, which already represents 28.45% of Fnac Darty's capital and voting rights. It also covers certain shares that may be issued before the offer closes, particularly under free share plans or the conversion of OCEANE bonds. Importantly for minority shareholders, the initiator does not intend to request the implementation of a compulsory withdrawal or the delisting of Fnac Darty's shares and OCEANE bonds, even if the necessary conditions were met after the offer. The precise timetable for the takeover bid will still need to be published later, following the dissemination of the targeted documents and additional regulatory information.
SectorLoisirs / sport · Electroménager · Distribution · Edition›Détaillants Spécialisés
Free · every morning · before 9am
Never miss a move on your stocks
The trend behind the prices · Euronext
✓ You're in! Check your spam folder.
An error occurred.
Context
Period
Period: 2025
Key reported figures
Revenue: 10 329,8 millions d’euros
Revenue growth: 0,7 %
Free cash flow: 145 millions d’euros
Guidance from the release
Résultats préliminaires 2025 indiquant un chiffre d’affaires de 10 329,8 millions d’euros, ROC à 203,1 millions d’euros et une marge opérationnelle courante de 2,0 %. Le cash-flow libre opérationnel est estimé à 145 millions d’euros. Prévisions sous IFRS 5 pour Natura & Découvertes et Unieuro; résultats annuels 2025 publiés le 25 février 2026. Développement soutenu par l omnicanal et services, reste de l’Europe en progression, France sous-performe au T4 mais globalement stable; objectifs à horizon 2030 confirmés.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
