Fnac Darty

Vivendi to permanently exit Fnac Darty interest

Vivendi is to permanently exit its ownership interest in Fnac Darty under the option it secured in January to exit from the company’s share capital. Vivendi has opted to settle in shares the hedging transaction entered into in January 2018 regarding its 11% interest in Fnac Darty. The settlement will take place on July 10, […]

TiVo agrees licensing deal with Fnac Darty Group

TiVo has agreed a multi-year licence deal covering the consumer electronics brands of the Fnac Darty Group. The multi-region European intellectual property license enables Fnac Darty to deploy patented TiVo innovations in its own branded set-top box (STB) and TV products. “TiVo’s engagement with Fnac Darty demonstrates our leadership in delivering the ultimate entertainment experience […]

Vivendi hedges on Fnac Darty stake

French media giant Vivendi has entered into a hedging transaction with Société Générale to protect the value of its 11% stake in home electronics and cultural goods retailer Fnac Darty that led to the latter’s shares falling sharply. Vivendi hedging operation means that it will sell its shares in Fnac Darty on a provisional bases, […]