Zhi Tong Cai Jing·2025-09-01 12:33Group 1 - JD Group (NASDAQ: JD) announced a voluntary public takeover offer for CECONOMY AG, the parent company of MediaMarkt and Saturn, at a cash price of €4.60 per share [2] - The offer is set to commence on September 1, 2025, and will end on November 10, 2025, with the possibility of extension under certain conditions [2] - The funding for the acquisition will be arranged through a combination of acquisition loans and existing cash on the company's balance sheet [2] Group 2 - The acquisition offer is not applicable to CECONOMY's American Depositary Receipts (ADRs), which must be converted into CECONOMY shares to accept the offer [3] - The offer is subject to several conditions, including obtaining regulatory approvals by November 10, 2026 [2]