JD.com said on September 1 it has formally issued a voluntary public takeover offer for CECONOMY, the German parent company of consumer electronics chains MediaMarkt and Saturn.
The bid, made through wholly owned subsidiary Jingdong Holding Germany GmbH, proposes to acquire all outstanding bearer shares of CECONOMY at €4.60 in cash per share. JD.com had announced its plan to pursue the offer on July 30.
If successful, the transaction would rank as one of the largest acquisitions by a Chinese company in Europe in recent years, underscoring JD.com's ambitions to expand its global retail footprint.
特别声明:以上内容(如有图片或视频亦包括在内)为自媒体平台“网易号”用户上传并发布,本平台仅提供信息存储服务。
Notice: The content above (including the pictures and videos if any) is uploaded and posted by a user of NetEase Hao, which is a social media platform and only provides information storage services.