Ceconomy says pleased with portfolio, not in talks on Fnac Darty stake
Adds details on planned takeover of Unieuro
By Matthias Inverardi
DUSSELDORF, July 17 (Reuters) -Germany's Ceconomy CECG.DE is very satisfied with its portfolio, a spokesperson for the company said on Wednesday, adding that it was not in talks with Czech investor Daniel Kretinsky on its share in Fnac Darty FNAC.PA.
"We are continuing to work on our strategy and are very satisfied with our portfolio," the spokesperson told Reuters.
She declinedto comment on how Ceconomy would act in the case of an Fnac Darty capital increase for a takeover by Italian electronics retail chain Unieuro UNIR.MI.
Fnac Darty plans to join forces with its major shareholder Kretinsky to acquire Unieuro in a deal valuing the company at just under 250 million euros ($273.45 million), according to slides from an Fnac Darty presentation on Tuesday.
The takeover would take place via a joint investment vehicle held 51% by Fnac Darty and 49% by Ruby Equity Investment, an affiliate of Vesa Equity, in which Kretinsky's company holds a 49% stake.
Fnac Darty already holds 4.4% of Unieuro shares.
Unieuro said on Wednesday that it would examine the offer.
($1 = 0.9142 euros)
Reporting by Matthias Inverardi, Writing by Rachel More, Editing by Miranda Murray
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