Fnac Darty: a far from trivial operation?




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TP ICAP Midcap reiterates its ‘hold’ opinion and its target of 37 euros on Fnac-Darty. The broker explains that the sale of 17% of the capital of France Billet to CTS Eventim AG&Co, which exercised its purchase option, went almost unnoticed but is not without consequence. Following the operation,…

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