Fnac Darty’s board of directors gave the ‘green light’ to a proposal to purchase the group. The transaction will involve the payment of 36 euros per share, which means that the total valuation reaches 1.1 billion euros.
At issue is the group that is present in the Portuguese market as it owns the FNAC and MediaMarkt storesdistributed throughout Portugal and throughout Europe, alongside the United Kingdom. In the said, the Czech tycoon Daniel Kretinsky has a minority stake since 2021, although it has reinforced its position several times. Now, is making efforts to reach beyond 50% of the votes.
Itself is owner of Sparta Praguethe largest football club in the Czech Republic, in addition to being present in other businesses, with investments ranging from technology to media. He is the second richest man in the country and controls 28.5% of the company’s capitalas it owns the EP Group.
This is the number that he himself wants to exceed 50%, in order to hold more than half of the voting rights in the company, which would make him the majority shareholder.
To this end, it made an OPA (Public Acquisition Offer), which reaches 36 euros for each share in Fnac Darty, which is publicly traded on the Paris stock exchange. The Board of Directors unanimously issued a favorable opinion to the offer, which has a deadline set until the second semester. Each shareholder now has the possibility of holding or selling their respective securities.
Founded in France, the group is present in 14 countries, with 1,500 stores and approximately 30,000 employees. Around fifty of these stores are located in Portugal and have more than two thousand employees.
After all, who is Daniel Kretinsky?
The Czech businessman is the second richest man in Czechia, with a heritage valued at around 10.1 billion dollars (8.52 billion eurosat the exchange rate on that date), according to Forbes Portugal (data from January 2026).
It has stakes in companies such as Royal Mail, ThyssenKrupp, the French chain Casino and Makro, as well as in the French newspaper The World. In sports, he owns Czech side Sparta Prague and a minority shareholder in English club West Ham.
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