Finance
25.10.2024

Success of the Public Tender Offer for the capital of Unieuro

End of the offer period for the voluntary mixed Public Tender Offer for the capital of Unieuro. Fnac Darty and Ruby welcome the tendering of a large majority of Unieuro’s share capital, paving the way towards a fruitful indutrial partnership.

Here are the outlines of the operation:

  • Preliminary results of the Offer: 67,1% of Unieuro’s share capital tendered, which cumulated to the 4.4% already owned by Fnac Darty, represent 71,5% of Unieuro’s share capital
  • Fulfillment of the Minimum Threshold Condition
  • Reopening of the Tender Period is expected to take place between 4th and 8th November 2024 allowing further shareholders to tender their shares at unchanged conditions

We are very pleased to announce that we have received the support of 71,5% of Unieuro shareholders for our acquisition project, exceeding the minimal threshold we had set. We are convinced that this transaction will create added value to all our shareholders and partners. An additional tender period is expected to open between November 4th and 8th, that will give additional shareholders the opportunity to tender their shares. We are very enthusiastic and looking forward to working with Unieuro team as soon as regulatory authorizations are obtained.

Enrique Martinez, Chief Executive Officer of Fnac Darty