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EP Group’s Fnac Darty Tender Offer Reopens Through Nov. 25

Shareholders and OCEANE holders can tender at unchanged prices during the 10-trading-day reopening.

Updated 1 min read
Pedestrians pass Fnac Darty’s headquarters entrance in Ivry-sur-Seine, France, beneath an overcast November sky. / EconoTimes.ai
Pedestrians pass Fnac Darty’s headquarters entrance in Ivry-sur-Seine, France, beneath an overcast November sky. / EconoTimes.ai

EP Group’s tender offer for Fnac Darty reopened Nov. 12, giving shareholders and OCEANE holders until Nov. 25 to tender, while leaving the cash terms unchanged.

Fnac Darty said the reopening spans 10 trading days, including Nov. 12 and Nov. 25. Investors who did not tender during the initial period may submit shares or OCEANEs during this window.

Each share is priced at €35 after Fnac Darty paid a €1 dividend for its 2025 financial year on June 5, 2026. The €81.16 price for each OCEANE uses an interest period from March 23 to Nov. 12, 2026.

Fnac Darty’s Nov. 10 announcement put EP Group’s holding at 69.3% of the company’s capital and voting rights, following the initial offer-period result. EP Group said it would not pursue a squeeze-out, or compulsory purchase of remaining shares, after the reopened offer, even if the required conditions were met. Fnac Darty’s board issued a favorable opinion, and independent expert Ledouble found the financial terms fair to both groups of holders.

The reopened offer ends Nov. 25.

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