Ceconomy CEO says no decision yet on Fnac-Darty stake
Published by Global Banking & Finance Review®
Posted on February 11, 2026
1 min readLast updated: February 11, 2026

Published by Global Banking & Finance Review®
Posted on February 11, 2026
1 min readLast updated: February 11, 2026

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