Report
Geoffroy Michalet

Fnac Darty : Negotiations with Nature & Découvertes confirmed, positive read across from the deal for “natural” partners

>The rumours were true: aim to close the deal at end H1 2019 - An article that appeared in the French daily, le Figaro, on 23 March 2019 alluded to exclusive negotiations between Nature & Découvertes and FNAC-DARTY with a view to an acquisition. The group declined to comment on something that was no more than a rumour. However, in a press release issued yesterday evening, FNAC-DARTY confirmed exclusive negotiations with an aim of closing the deal at the end of H1 2019...
Underlying
Fnac Darty SA

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.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Geoffroy Michalet

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