Schroder Salomon Smith Barney has helped Dixons, the UK electronics retailer, renegotiate the price on its latest acquisition.

The acquisition is the second part of a deal negotiated in November. Dixons will acquire a 71.37% stake in UniEuro, an Italian consumer electronics and domestic appliances retailer, for €368m ($361m). In November Dixons bought a 24.34% holding in UniEuro. The UK company also has an option to buy the remaining 4.29% of UniEuro, currently owned by UniEuro management, in July 2004 for €29.8m.