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Live Updates  >  Live Update Details

2025-07-31 00:26:17

[Report: Ceconomy Shareholders Enter Final Stage of Negotiations Regarding JD.com Acquisition] According to sources familiar with the matter, shareholders of German electronics retailer Ceconomy are in the final stages of negotiations regarding a possible acquisition by JD.com. Last week, Ceconomy confirmed that it was in advanced talks regarding a potential acquisition at a price of €4.60 per share, implying a transaction valuation of approximately €2.2 billion (US$2.53 billion). However, the retailer, which owns electronics chains such as MediaMarkt and Saturn, stated that no legally binding agreement has been signed and that there is no certainty that a takeover offer will be made.

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