macro

European Commission clears EP Group's takeover bid for Fnac Darty

The European Commission has granted merger control clearance for EP Group's public tender offer for Fnac Darty. Closing is expected in early November 2026.

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what happened

Fnac Darty and EP FR HOLDCo, a vehicle controlled by EP Group, said the European Commission has cleared the planned acquisition of Fnac Darty under merger control rules. The companies described the decision as the last expected approval for the transaction.

The offer price is 35 euros per share, after a 1 euro dividend for the 2025 financial year was paid on June 5, 2026, and 81.161 euros per OCEANE bond. Fnac Darty's board issued a favorable opinion, and the independent expert Ledouble judged the financial terms fair to shareholders and bondholders.

why it matters

With this clearance, the remaining step is the French market regulator AMF, which will publish the final offer timetable, including the closing date, in the coming days. For investors in Fnac Darty shares, the fixed cash price now defines the outcome of the deal.

market impact

Fnac Darty: regulatory approval removes a key risk and anchors the share price to the offer

tags

instruments

Fnac Darty

sources

  1. Fnac Darty: Merger control clearance from the European Commission of the takeover bid initiated by EP Group — globenewswire.com, 20 October 2026 at 05:30 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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