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    Home > Finance > Ceconomy CEO says no decision yet on Fnac-Darty stake
    Finance

    Ceconomy CEO says no decision yet on Fnac-Darty stake

    Published by Global Banking & Finance Review®

    Posted on February 11, 2026

    1 min read

    Last updated: February 11, 2026

    The image captures President Zelenskiy during a press conference, asserting Ukraine's commitment to sovereignty and territorial integrity. This aligns with his statement that Ukrainians will not concede land to occupiers, emphasizing the nation's resolve amidst geopolitical tensions.
    Ukrainian President Zelenskiy emphasizes land sovereignty against occupiers - Global Banking & Finance Review
    Tags:retailerscorporate strategyinvestmentfinancial managementequity

    Quick Summary

    Ceconomy is undecided on its Fnac-Darty stake, awaiting an offer from Daniel Kretinsky, who plans a takeover bid. Kretinsky holds 28% of shares.

    Table of Contents

    • Ceconomy's Stake in Fnac-Darty
    • Current Shareholder Structure
    • Potential Takeover by Kretinsky

    Ceconomy CEO says no decision yet on Fnac-Darty stake

    Ceconomy's Stake in Fnac-Darty

    DUESSELDORF, Feb 11 (Reuters) - German electronics retailer Ceconomy has not yet taken a decision when it comes to its stake in the French chain Fnac Darty, its CEO said on Wednesday.

    Current Shareholder Structure

    Ceconomy will announce what it will do with the stake once it receives a concrete and detailed offer from Czech billionaire Daniel Kretinsky, who wants to take over the French chain, said CEO Kai-Ulrich Deissner.

    Potential Takeover by Kretinsky

    "We have not yet made a decision," he added.

    At the end of January, Kretinsky's EP Group said it planned to buy Fnac Darty through a public takeover bid valuing the retailer at around 1.1 billion euros ($1.31 billion).

    Kretinsky is already the largest single shareholder in Fnac Darty, controlling around 28% of the shares.

    The second-largest shareholder is MediaSaturn's parent company Ceconomy, holding just under 22%.

    Ceconomy itself is being taken over by Chinese tech group JD.com.

    ($1 = 0.8391 euros)

    (Reporting by Matthias Inverardi, writing by Linda Pasquini, editing by Miranda Murray)

    Key Takeaways

    • •Ceconomy has not decided on its Fnac-Darty stake.
    • •Daniel Kretinsky plans a takeover bid for Fnac Darty.
    • •Kretinsky is the largest shareholder with 28%.
    • •Ceconomy holds just under 22% of Fnac Darty.
    • •Ceconomy is being acquired by JD.com.

    Frequently Asked Questions about Ceconomy CEO says no decision yet on Fnac-Darty stake

    1What is a corporate takeover?

    A corporate takeover occurs when one company acquires control of another company, often by purchasing a majority of its shares. This can lead to significant changes in management and operations.

    2What is a public takeover bid?

    A public takeover bid is an offer made by an individual or company to purchase shares from the shareholders of a publicly traded company, typically at a premium to the current market price.

    3What is a shareholder?

    A shareholder is an individual or institution that owns shares in a company, giving them a claim on part of the company's assets and earnings, as well as voting rights in corporate decisions.

    4What is a financial investment?

    A financial investment involves allocating funds to assets or projects with the expectation of generating a return or profit over time. This can include stocks, bonds, real estate, and more.

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