# European Commission Clears EP Group Takeover of Fnac Darty

- URL: https://stocks.freetheai.org/news/european-commission-clears-ep-group-takeover-of-fnac-darty-b1ac23
- Published: 2026-10-20T05:30:00Z
- Category: mergers; sentiment: bullish; impact: high
- Symbols: [EURONEXT:FNAC](https://stocks.freetheai.org/symbols/EURONEXT-FNAC)
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Fnac Darty SA (EURONEXT:FNAC) and EP FR HOLDCo, an entity controlled by EP Group, have secured merger control clearance from the European Commission for EP Group's takeover bid. The approval marks the final regulatory hurdle required for the transaction to move forward.

Under the terms of the offer, shareholders will receive 35 euros per share, following the payment of a 1.0 euro dividend for the 2025 financial year in June 2026. Convertible bondholders will receive 81.161 euros per OCEANE bond. Fnac Darty's board of directors gave a favorable opinion on the offer, supported by an independent expert review confirming the financial terms are fair.

Following the decision, the French financial markets regulator, Autorité des marchés financiers, will publish the official timetable and closing date for the tender offer in the coming days. The transaction is slated to close in early November 2026.

## Key points

- The European Commission granted merger control clearance for EP Group's takeover bid for Fnac Darty SA (EURONEXT:FNAC).
- The Commission decision represents the final regulatory approval required to complete the acquisition.
- EP Group is offering 35 euros per share and 81.161 euros per convertible bond for the company.
- The French financial markets authority AMF will release the final offer timeline, with closing expected in early November 2026.

## Questions and answers

### What is the takeover price for Fnac Darty shares?

EP Group is offering 35 euros per share for Fnac Darty SA, as well as 81.161 euros per convertible bond (OCEANE).

### Has the EP Group takeover of Fnac Darty received approval?

Yes, the European Commission granted merger control clearance, fulfilling the final regulatory requirement for the deal.

### When will the Fnac Darty tender offer close?

The French regulator AMF will announce the final timeline shortly, with the tender offer expected to close in early November 2026.