Core Viewpoint - JD Group announced a voluntary public acquisition offer for CECONOMY, the parent company of MediaMarkt and Saturn, at a cash price of €4.60 per share [1][4]. Group 1: Acquisition Details - The acceptance period for the acquisition offer will start on September 1, 2025, and end on November 10, 2025, with the possibility of extension under specific circumstances [4]. - The funding for the acquisition will be arranged through a combination of merger loans and existing cash on the company's balance sheet [4]. - As of July 31, JD Group reported that the acquisition offer has received support from a total of 57.1% of CECONOMY's shareholders, with completion expected in the first half of 2026 [4]. Group 2: Strategic Intentions - JD Group's CEO, Xu Ran, stated that the company will invest resources to support talent development and unique corporate culture, accelerating CECONOMY's transformation process [4]. - CECONOMY, a leader in the European consumer electronics retail industry, operates the MediaMarkt and Saturn brands across 11 countries with over 1,000 retail stores [4]. - According to the agreement, CECONOMY will maintain independent operations in Europe, with its own local technical infrastructure, and JD Group has no plans to adjust personnel, employee agreements, or office locations [4]. - Both the supervisory board and management committee of CECONOMY support the public acquisition offer [4].
京东要约收购欧洲电子零售巨头!预计2026年上半年完成
Sou Hu Cai Jing·2025-09-02 06:25