German Electronics Retailer Ceconomy Confirms Potential Acquisition Interest from JD.com, with In-Depth Negotiations Underway
3 week ago / Read about 0 minute
Author:小编   

The German electronics retailer Ceconomy AG issued an announcement on July 24th, confirming that it is engaged in in-depth negotiations with JD.com regarding a potential acquisition. JD.com is contemplating a public takeover offer at a price of €4.60 per share, which could potentially value Ceconomy at up to €2.2 billion. Currently, no binding agreement has been signed between the two parties, making it uncertain whether JD.com will proceed with a formal takeover offer.