Iliad, a French telecom operator, completed the acquisition of a 12% stake in Unieuro, an Italian consumer electronics retailer. Financial terms were not disclosed. "Iliad and Unieuro are two Italian companies in strong growth, appreciated by Italians and have supported millions of people in the last year by offering them quality service to stay connected during the health crisis. Unieuro is the Italian leader. in its sector, and recently announced a new revenue record for the fifth consecutive year since its launch on the stock exchange," Iliad.