183亿元！京东出手！

Core Viewpoint - JD Group announced a voluntary public acquisition offer for CECONOMY's shareholders at a price of €4.60 per share, aiming to acquire all issued and circulating shares of CECONOMY, the parent company of leading European consumer electronics retailers Media Markt and Saturn [1][5]. Group 1: Acquisition Details - The acquisition offer is valued at approximately €22.31 billion, equivalent to about 183 billion RMB, based on CECONOMY's total of 485 million shares [4]. - Funding for the acquisition will be arranged through a combination of acquisition loans and existing cash on the company's balance sheet, with the deal expected to be completed in the first half of 2026 [5]. - JD has signed an investment agreement with CECONOMY regarding the acquisition and future cooperation, with a shareholder agreement in place with CECONOMY's largest shareholder, Convergenta Invest GmbH, contingent on the completion of the acquisition [5][6]. Group 2: Shareholder Support - Convergenta has committed to accept the acquisition offer for its 3.81% stake, reducing its holding from 29.16% to 25.35% [6]. - JD has secured irrevocable commitments from shareholders representing a total of 31.7% of CECONOMY's shares, ensuring support for the acquisition before the public offer [6]. - With the support from Convergenta, JD is positioned to secure a total of 57.1% of shares in favor of the acquisition [6]. Group 3: Strategic Intent - The partnership aims to enhance CECONOMY's growth while maintaining its independent operations in Europe, with no plans to adjust personnel or office locations [7]. - JD's CEO emphasized the commitment to invest resources in CECONOMY's talent development and corporate culture, leveraging JD's advanced technology and logistics capabilities to accelerate CECONOMY's transformation [7]. - CECONOMY's CEO expressed confidence that JD's retail, logistics, and technology strengths will help accelerate their growth trajectory and lead the transformation of the European retail landscape [8].