Fnac Darty SA (FNAC.PA)

French retailer Fnac-Darty says it wins appeal against Comet sale ruling

Kesa Group, later renamed Darty before a Fnac takeover created the current Fnac-Darty group, sold British electronics chain Comet in 2012.The company went into administration later in the year and shortly after ceased its operations. In November 2022, a high court in London determined that Darty Holdings SAS, a Fnac-Darty subsidiary, had to repay 112 million pounds ($136.63 million) after a claim brought by Comet's liquidator. The liquidator claimed that an intra-group debt repayment was made at a time when Comet was already insolvent.