Brief: Ceconomy And JD.com Complete Voluntary Public Takeover
Thu 12:11
BRIEF-Ceconomy And JD.com Complete Voluntary Public Takeover Nov 12 (Reuters) - CECONOMY AG CECG.DE:
JD.COM AND CECONOMY COMPLETE VOLUNTARY PUBLIC TAKEOVER
TRANSACTION SUCCESSFULLY CLOSED ON 12 NOVEMBER 2026
ALL OFFER CONDITIONS FOR COMPLETION OF THE TRANSACTION FULFILLED
JD.COM ACQUIRES 59.8% OF THE SHARE CAPITAL AND VOTING RIGHTS OF CECONOMY
TOGETHER WITH THE 25.3% STAKE RETAINED BY JD.COM'S PARTNER CONVERGENTA, THIS ACQUISITION BRINGS THEIR COMBINED SHAREHOLDING IN CECONOMY TO 85.2%
TOTAL CONSIDERATION OF EUR 1,335 MILLION
Further company coverage: CECG.DE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 587785269;))
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