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),

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

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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.

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