Daniel Kretinsky has a free hand to take over Fnac Darty

Daniel Kretinsky has received approval from the European Commission to proceed with his takeover of Fnac Darty. The public offer will conclude on November 9, with Kretinsky's company proposing €35 per share. He currently owns 28.5% of the company and aims to acquire at least 50% for control. The Commission found no competition issues with the acquisition, allowing the operation to move forward without conditions.