Czech shareholders to buy back Datart

Darty Group is preparing to sell its majority stake in Datart, an electronics retail chain operating in the Czech Republic and Slovakia. The British-French group owns 60 percent of the company, while the remaining shares are controlled by Czech shareholders and the chain’s original founders, who want to buy Darty Group’s holding. The founders have been struggling for years to buy the company back, writes the server idnes.cz.

Neither Darty Group nor Datart have commented on the potential sale. The news comes a few weeks after Nay acquired Electro World from Dixons. The Slovak electronics retailer allegedly wanted to buy Datart but could not come to an agreement with Darty Group