PARIS (Agefi-Dow Jones)–Specialized retail group Fnac Darty said Thursday that investment firm Vesa Equity Investment, controlled by Czech businessman Daniel Kretinsky, now owns more than 13% of its capital and voting rights.
This fund notified the company on April 12 to “hold more than 13% of the capital and voting rights”, the company announced on the occasion of the publication of its activity in the first quarter. Vesa Equity Investments has become the company’s second largest shareholder and does not “intend to solicit the appointment of one or more members to the board of directors”, continued Fnac Darty.
Vesa Equity Investment announced in February that it held more than 5% of the capital of Fnac Darty before crossing the 10% threshold in March. The fund, which made a name for itself in France by taking a stake in various media groups or in the distributor Casino, then indicated that it wanted to continue to diversify its investments.
-Julien Marion, Agefi-Dow Jones; +33 (0)1 41 27 47 94; [email protected] ed: ECH
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April 21, 2022 12:51 ET (16:51 GMT)