Bredin Prat advises Fnac Darty in connection with EP Group’s proposed tender offer for Fnac Darty’s shares

Bredin Prat is advising Fnac Darty in connection with a proposed tender offer for its shares by EP Group, a company controlled by Daniel Křetínský.

EP Group has submitted an offer to Fnac Darty’s Board of Directors pursuant to which EP Group undertakes to file, via its subsidiary EP FR HoldCo, a public tender offer for Fnac Darty’s shares at a price of €36 per share (2026 dividend for the 2025 financial year attached), as well as for all the company’s OCEANE convertible bonds at a price of €81.09 per OCEANE.

EP Group, through its subsidiary Vesa Equity Investment, already owns 28.5% of Fnac Darty’s share capital and voting rights.

The offer is expected to be filed with the French Financial Markets Authority, the AMF, before the end of the first quarter of 2026.

The Bredin Prat team advising Fnac Darty included:

• Corporate: Benjamin Kanovitch, Jean-Benoît Demaret and Karine Angel (partners), Constantin Mathews, Ji-Young Hélène Bang
• Tax law: Jean-Baptiste Frantz (partner), Claire Chabredier and Bryan Costa
• Competition law: Olivier Billard and Arthur Helfer (partners), Benoît Gerard, Guillaume André, Elvire Jolimoy
• Employment law: Laetitia Tombarello (partner) and Camille Wattrelos
• Financing: Samuel Pariente (partner), Jessica Chartier and Floriane Danckof