Business · Companies · 5 hrs ago
Daniel Kretinsky gains control of Fnac Darty with 69.3% stake
Daniel Kretinsky has gained control of Fnac Darty through his company EP Group, which now owns 69.3% of the retailer.
Fnac Darty sells cultural goods, household appliances and electronics in France.
Kretinsky has been an investor since 2021 and held 28.3% of the company at the end of 2025.
The takeover offer values Fnac Darty at more than €1 billion, or €35 per share.
Fnac Darty’s chief executive welcomed the result, and the company says its strategy through 2030 includes expanding sales of services across Europe.
The offer has reopened and runs until November 25, so EP Group’s stake could still change.
Daniel Kretinsky, through his company EP Group, became the controlling shareholder of Fnac Darty with 69.3% of its capital.
The stake followed a public tender offer launched on January 26 and opened on May 12.
The offer is open again until November 25, so the stake could still change.
The transaction values Fnac Darty at more than €1 billion, or €35 per share.
Kretinsky has been a shareholder since 2021 and held 28.3% of the company at the end of 2025.
- Who
- Daniel Kretinsky, through his company EP Group.
- What
- He gained control of Fnac Darty with 69.3% of its capital.
- When
- The result was announced on November 10, 2026.
- Where
- Fnac Darty is a French retailer of cultural goods, household appliances and electronics.
- Why
- Kretinsky’s public tender offer gave him a controlling stake. The sources do not state his specific motive.
This story does not have two clearly opposing sides.
Kretinsky’s public tender offer for Fnac Darty was launched.
The offer opened.
EP Group was reported to hold 69.3% of Fnac Darty’s capital.
The offer is reopened, and the stake could still change.
- Controlling stake
- 69.3% of Fnac Darty’s capital
- Buyer
- EP Group, Daniel Kretinsky’s company
- Transaction valuation
- More than €1 billion
- Price per share
- €35
- Offer deadline
- November 25
- Prior holding
- 28.3% at the end of 2025
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