EP Group launches a public takeover bid for Fnac Darty

EP Group, led by Daniel Křetínský, has announced a proposed takeover bid for Fnac Darty, offering €36 per share in cash. This offer represents a 19% premium over the last closing price. The Fnac Darty Board of Directors welcomed the offer and established an ad-hoc committee to evaluate it, appointing the firm Ledouble as an independent expert.

EP Group, which already holds 28.5% of the capital through its subsidiary Vesa Equity Investment, is not considering a mandatory delisting. The offer will be subject to approval by the French Financial Markets Authority (AMF) and other conditions. Consultation with employee representatives is also underway.

This project offers shareholders a liquidity opportunity while supporting Fnac Darty's "Beyond Everyday" strategic plan. The offer is expected to be filed with the AMF (French Financial Markets Authority) before the end of the first quarter of 2026.