Czech billionaire Daniel Křetínský has launched a friendly takeover bid for French electronics retailer Fnac Darty, valuing the company at approximately €1.5 billion. He already holds a 28% stake, making this a move to consolidate control. The bid comes after years of building a position in the European retail sector.

Křetínský’s EPH investment vehicle has been expanding its footprint, with Fnac Darty as its latest target. The offer aims to take the remaining 72% of shares private. This follows his earlier acquisitions in the media and energy industries, signaling a broader strategy to invest in European consumer-facing businesses.

Investors will watch for the French government's response, given the retailer's strategic importance. A successful deal would give Křetínský a major platform in the competitive European electronics market. The outcome could influence future foreign investment in French retail assets and the company's operational direction.