Zheng Quan Shi Bao·2025-07-31 08:41Group 1 - JD Group is actively expanding its international presence, particularly in the European market [1] - On July 31, JD Group announced a voluntary public takeover offer for CECONOMY's shareholders at a price of €4.60 per share, totaling approximately €22.31 billion [3][4] - CECONOMY, a leader in the European consumer electronics retail sector, operates major brands MediaMarkt and Saturn, combining strong e-commerce with over 1,000 retail stores across 11 countries [3][4] Group 2 - The acquisition will be financed through a combination of merger loans and existing cash on the company's balance sheet, with completion expected in the first half of 2026 [3] - JD has signed investment agreements with CECONOMY regarding the takeover and future cooperation, ensuring that Convergenta will hold 25.35% of CECONOMY shares post-acquisition [3][4] - Convergenta has committed to accept the takeover offer for its 3.81% stake, reducing its total shareholding from 29.16% [4] Group 3 - The strategic investment agreement aims to promote CECONOMY's growth while maintaining its independent operations and local technical infrastructure [5] - JD Group's CEO expressed confidence in CECONOMY's market position and growth momentum, emphasizing resource investment in talent development and corporate culture [5] - CECONOMY's CEO highlighted the partnership with JD as a means to accelerate growth and adapt to changing customer expectations and market dynamics [5]