Fnac Darty : Successful takeover of Unieuro. European consolidation under way
>Fnac Darty now owns 71.5% of Unieuro - Fnac Darty announced the successful takeover of Unieuro, with a limited 67.1% of the capital. Adding the stake of 4.4% owned upstream by Fnac Darty, the consolidated stake now comes to 71.5%, with majority control, above the minimum level required to validate the offer (66.67%)The financial targets previously announced are unchanged, with: A valuation of Unieuro of € 249m spread as follows: i/ € 122m paid in cash by R...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.
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