Ceconomy jumps 15% on report JD.Com revives interest in buying co
05/02/2025 11:45
** Shares in Ceconomy CECG.DE jump as much as 15.4% to
their highest prices since April 2022 after Bloomberg News
reported that JD.com has renewed interest in buying the German
electronics retailer
** JD.com recently approached Ceconomy about a potential
deal and has started sounding out large shareholders of the
German company, Bloomberg said citing people familiar with the
matter
** "We do not comment on speculation," Ceconomy told Reuters
** At 1142 GMT Ceconomy's shares are up 14.9%; if gains hold
they will see their best day since November 2023
(Reporting by Tristan Veyet)
((Tristan.chabba@thomsonreuters.com))