Following the approval given by the Italian financial markets authority on August 23, Italian home-electrical retailer Unieuro (2023 sales of €2.63 billion) has until October 25 to accept Fnac Darty’s takeover bid. Launched on September 2, the offer is priced at €9 per share, 75% of which will be paid in cash (two thirds by Ruby Equity Investment, the investment vehicle of Daniel Kretinsky, also Fnac Darty’s largest shareholder, and one third by the company itself) and the remainder in Fnac...
Fnac Darty launches takeoverbid for Unieuro to create a European leader
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