TechNode

JD.com’s $2.5 billion Ceconomy takeover moves closer to EU approval

JD.com’s proposed $2.5 billion takeover of German electronics retailer Ceconomy is expected to receive European Union approval after the Chinese company revised commitments addressing regulatory concerns, according to a Reuters report cited by IT Home. The European Commission is due to decide on the transaction by November 4. Ceconomy owns the MediaMarkt and Saturn retail […]

By TechNode

1 min read
JD.com’s $2.5 billion Ceconomy takeover moves closer to EU approval
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