Fnac ready to strike with €1.35bn loan as Steinhoff stands back

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Fnac ready to strike with €1.35bn loan as Steinhoff stands back

DFS furniture source DFS 230x150
05/10/14. THE DFS FACTORY IN ALFRETON, DERBYSHIRE. CREDIT: DANIEL LYNCH. 07941 594 556. www.lynchpix.co.uk | DANIEL LYNCH/DANIEL LYNCH

French firm Fnac will imminently launch syndication of its loan to buy retailer Darty, after winning a bidding war with South Africa's Steinhoff. Meanwhile, banks supplying a £920m loan for the thwarted rival await instructions.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article