EP Group, based in the Czech Republic, plans a cash tender offer for French retailer Fnac Darty by Q1 2026. The bid, backed by the retailer’s board, will be made through a new subsidiary with EP Group owning 56% and J&T Capital Partners 44%. The offer price is set at €36 per share and €81.09 per OCEANE, valuing Fnac Darty at €1.1bn. EP Group aims to become the majority shareholder in the long term with this friendly offer. The deal is fully financed and subject to regulatory approvals. EP Group affiliate VESA Equity Investment holds 28.5% of Fnac Darty shares. The retailer will maintain its operations in France, leadership team, and dividend policy.

Read more at Yahoo Finance: EP Group plans tender offer for Fnac Darty shares and bonds