CVC Down, Danone Slides, Fnac Darty Surges
On this episode of Stock Movers:- CVC Capital Partners Plc has agreed to buy US credit manager Marathon Asset Management, the latest example of consolidation among alternative investment firms.- Infant formula stocks could be in focus again on Monday as a crisis that’s engulfed Nestlé, Danone and Groupe Lactalis widens. - Shares in Fnac Darty surged as much as 19%, their biggest jump since 2015, after the French retailer received a €36 per share offer from EP Group, led by Czech billionaire Daniel Kretinsky.See omnystudio.com/listener for privacy information.
The skinny
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