FNAC DARTY: Fnac Darty is said to be eyeing Nature et Découvertes | BUY | EUR94
FNAC DARTY - BUY | EUR94(+37%)Fnac Darty is said to be eyeing Nature et Découvertes
Imminent negotiations to acquire Nature et Découvertes
An integration that would make sense
Sales synergies to expect from e-commerce and shop-in-shops
Potential positive
Another step towards sales mix adjustment
Fnac Darty is engaged in the leisure and entertainment, technology, and household appliances retail market in France and a player on markets in other countries where it operates such as Spain, Portugal, Belgium, the Netherlands and Switzerland. Fnac Darty also has franchise operations in Morocco, Qatar and Ivory Coast.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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