Outlines of the operation:
- Preliminary results of the Reopening of the Tender Period: 19.6% of Unieuro’s share capital tendered, which cumulated to the 71.5% already owned by Offerors, represents 91.1% of Unieuro’s share capital
- The requirements for the fulfillment of the Obligation to Purchase under Art. 108, Par. 2, of the CFA have been met and Unieuro will be delisted from Euronext Milan
- The Payment Date of the Reopening of the Tender Period will take place on 15 November 2024
Fnac Darty is proud to have gathered 91.1% of Unieuro’s share capital at the end of the reopening of the tender period. The sell-out procedure can now be initiated and will lead to the delisting of Unieuro. This strong success reinforces our conviction that our ambition to build a leader in specialized retail in Europe is shared. While waiting for regulatory approvals, which I expect to come within a few weeks, we look forward to working alongside Unieuro’s teams to ensure a smooth integration, and thus create value for all our shareholders, partners and customers.
Enrique Martinez, Chief Executive Officer of Fnac Darty