Kretinsky's EPG acquires majority stake in Fnac Darty after EU approval

Daniel Kretinsky's EP Group has acquired a majority stake in French retailer Fnac Darty, with European Commission approval. The deal consolidates Kretinsky's retail footprint in Europe and signals continued M&A activity in the sector. Financial terms were not disclosed, and the strategic impact on Fnac Darty's operations remains to be seen.

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