【#京东拟180亿收购德国零售巨头#】#京东拟收购德国零售巨头CECONOMY# 刘强东又出手了。7月31 日早上，京东在港交所发布公告称，决定通过全资间接附属公司（出价方）向欧洲消费电子产品零售商 MediaMarkt及Saturn的母公司CECONOMY AG所有股东作出自愿公开收购要约，以每股4.6欧元的现金 对价收购CECONOMY的所有已发行及流通的不记名股份，并建立战略投资伙伴关系。这笔交易对 CECONOMY的估值将达到约22亿欧元，折合人民币超180亿元。该交易若成功完成，将创下中国电商 出海欧洲的新纪录。（每日经济新闻） ...

Group 1 - JD Group announced a voluntary public acquisition offer for CECONOMY AG at a price of €4.60 per share, valuing the company at approximately €2.2 billion (around ¥18.1 billion) [1][4] - If completed, this acquisition will set a new record for the scale of a Chinese e-commerce company's expansion into Europe [1] - JD has signed investment agreements with CECONOMY regarding the acquisition and future cooperation, including a shareholder agreement with CECONOMY's largest shareholder, Convergenta Invest GmbH [4] Group 2 - CECONOMY, established in 2017, operates over 1,000 stores across 12 European countries, with its core brands MediaMarkt and Saturn holding over 30% market share in Germany [5] - In Q1 2025, CECONOMY's sales declined by 1.6% to €5.2 billion, but its online business grew by 7.4% to nearly €1.3 billion, indicating strong growth potential [5] - The strategic investment agreement aims to promote CECONOMY's growth while maintaining its independent operations and local technical infrastructure [5]

Core Viewpoint - JD.com is making a significant move by offering to acquire CECONOMY AG, a European consumer electronics retailer, for approximately €4.60 per share, which values the company at around €2.2 billion (over 18 billion RMB) [1][2]. Group 1: Acquisition Details - JD.com announced its intention to acquire all outstanding shares of CECONOMY AG through its wholly-owned subsidiary, JINGDONG Holding Germany GmbH [1]. - The acquisition price of €4.60 per share represents a premium of 22.7% compared to CECONOMY's closing price on July 23 [5]. - If successful, this transaction will set a new record for Chinese e-commerce companies expanding into Europe [2]. Group 2: Market Reaction - Following the announcement, CECONOMY's stock price surged over 16% on July 30 [2]. - The acquisition is part of JD.com's broader strategy to expand its retail footprint internationally, as evidenced by its recent negotiations to acquire Hong Kong's Jia Bao Supermarket [7]. Group 3: Company Background - CECONOMY was established in 2017 and is headquartered in Germany, originating from the consumer electronics division of the retail giant Metro Group [5]. - The major shareholders of CECONOMY include the Kellerhals family, which holds 27.9% of the shares, and the Haniel family, which has a long-standing business history [7].

Core Viewpoint - JD.com is making a significant move by offering to acquire CECONOMY AG, which could set a new record for Chinese e-commerce expansion into Europe, with a valuation of approximately €2.2 billion, equivalent to over 18 billion yuan [1][2]. Group 1: Acquisition Details - JD.com announced a voluntary public offer to acquire all issued and outstanding shares of CECONOMY AG at a cash price of €4.60 per share, establishing a strategic investment partnership [1]. - The acquisition price represents a premium of 22.7% compared to CECONOMY's closing price on July 23 [5]. - If successful, this transaction will mark a new record for Chinese e-commerce companies entering the European market [2]. Group 2: Market Reaction - Following the announcement, CECONOMY's stock price surged over 16% on July 30 [3]. Group 3: Company Background - CECONOMY was established in 2017 and is headquartered in Germany, originating from the consumer electronics division of the retail giant Metro Group [5]. - The major shareholders of CECONOMY include the Kellerhals family, which holds 27.9% of the shares, and the Haniel family, which has a long-standing business history [7]. Group 4: JD.com's Recent Activities - JD.com has been active in the market, with recent reports indicating plans to acquire Hong Kong-based supermarket chain Jia Bao, with discussions having taken place four months prior [5].

Group 1 - JD.com announced a voluntary public acquisition offer for CECONOMY at a cash price of €4.60 per share, valuing the transaction at approximately €2.2 billion, which is over 18 billion RMB [1] - The acquisition has received significant support, with Convergenta, the largest shareholder holding 29.16% of CECONOMY, agreeing to accept the offer for its 3.81% stake, bringing total support to 31.7% [1] - With the remaining shares from Convergenta, JD.com has secured support for 57.1% of CECONOMY's shares, laying a solid foundation for the acquisition's success [1] Group 2 - CECONOMY, established in 2017 and headquartered in Germany, is one of Europe's largest consumer electronics retailers, operating over 1,000 stores across 12 countries and engaging with consumers over 2.2 billion times annually [2] - For the period from October 2024 to March 2025, CECONOMY reported sales revenue of €12.82 billion, a 4% year-on-year increase, with adjusted EBIT rising to €290 million, marking nine consecutive years of sustainable growth [3] - JD.com has been pursuing international expansion, with plans to enhance its logistics network and overseas warehouses, aiming for a 100% increase in overseas warehouse area by 2025 [3]

Group 1 - JD.com announced a voluntary public acquisition offer for CECONOMY AG at a cash price of €4.60 per share, valuing the transaction at approximately €2.2 billion, equivalent to over 18 billion RMB [1] - The acquisition aims to establish a strategic partnership, with JD.com and CECONOMY signing an investment agreement regarding the acquisition and future cooperation [1] - CECONOMY, established in 2017, operates over 1,000 stores across 12 European countries, with its core brands MediaMarkt and Saturn holding over 30% market share in Germany [2] Group 2 - Following the acquisition announcement, CECONOMY's stock price surged by 12%, while JD.com's stock price fell by 2.68% on the same day [3] - JD.com has been pursuing international expansion due to saturation in the domestic e-commerce market, previously launching the European retail brand ochama in the Netherlands and testing the Joybuy platform in the UK [3] - The acquisition could provide JD.com with extensive offline store resources, warehousing systems, and a mature local supplier network in Europe, addressing challenges in localization and logistics [3]

Core Viewpoint - JD.com has announced a voluntary public takeover offer for CECONOMY AG, valuing the company at approximately €2.2 billion, aiming to establish a strategic partnership in the European consumer electronics market [1][2]. Group 1: Acquisition Details - The offer is set at €4.6 per share in cash for all issued and outstanding shares of CECONOMY [1]. - The acquisition, if successful, will create a new record for Chinese e-commerce companies expanding into Europe [2]. - CECONOMY's largest shareholder, Convergenta, has committed to accept the offer for its 3.81% stake, reducing its ownership from 29.16% to 25.35% [2]. Group 2: Financial Impact - CECONOMY's stock price surged by 16% following the acquisition announcement [3]. - For the first quarter of 2025, CECONOMY reported a 1.6% decline in sales to €5.2 billion, but online sales increased by 7.4% to nearly €1.3 billion, representing a quarter of total sales [7]. Group 3: Strategic Implications - The acquisition will provide JD.com with an established offline network and supply chain resources in Europe, addressing long-standing challenges in sourcing and logistics for its international operations [7]. - CECONOMY plans to maintain its independent operations while accelerating its transformation into a leading omnichannel consumer electronics platform in Europe [2][7]. - CECONOMY's CEO expressed optimism about the partnership, highlighting the potential for enhanced technology, retail expertise, and supply chain resources [7].

Core Viewpoint - JD.com has made a voluntary public acquisition offer to acquire all issued and outstanding shares of CECONOMY AG at a price of €4.6 per share, aiming to establish a strategic partnership [1][2] Group 1: Acquisition Details - The transaction values CECONOMY at approximately €2.2 billion, equivalent to over 18 billion RMB [2] - The acquisition, if successful, will set a new record for Chinese e-commerce expansion into Europe [2] - JD.com has signed an investment agreement with CECONOMY regarding the acquisition and future cooperation [2] Group 2: Shareholder Agreements - Convergenta, CECONOMY's largest shareholder, has committed to accept the acquisition offer for its 3.81% stake, reducing its ownership from 29.16% to 25.35% [2] - Additional agreements have been made with other shareholders, totaling a commitment to accept the offer for 31.7% of CECONOMY's shares [2] Group 3: CECONOMY Overview - CECONOMY, established in 2017 and headquartered in Germany, has become a leader in the European consumer electronics retail sector [6] - The company operates over 1,000 stores across 12 European countries, with its core brands MediaMarkt and Saturn holding over 30% market share in Germany [7] - CECONOMY engages with consumers over 2.2 billion times annually and has over 43 million loyal customers [7] Group 4: Financial Performance - In Q1 2025, CECONOMY's sales decreased by 1.6% to €5.2 billion, with adjusted EBIT at only €10 million [9] - However, online sales grew by 7.4% to nearly €1.3 billion, representing a quarter of total sales, indicating significant potential in its online business [9] Group 5: Strategic Implications - The acquisition will provide JD.com with an established European offline network and supply chain resources, addressing long-standing challenges in overseas operations [9] - CECONOMY's CEO anticipates the transaction will be completed in the first half of 2026, emphasizing the partnership's potential to leverage global technology and retail expertise [9]

人民财讯7月31日电，京东集团在港交所公告，决定通过全资间接附属公司JINGDONG Holding Germany GmbH向欧洲消费电子产品零售商MediaMarkt及Saturn的母公司CECONOMY所有股东作出自 愿公开收购要约，以每股4.60欧元的现金对价收购CECONOMY的所有已发行及流通的不记名股份，并 建立战略投资伙伴关系。根据战略投资协议，公司与CECONOMY旨在推动CECONOMY的增长，并将 继续保持其独立运营，加快其向欧洲领先的全渠道消费电子产品平台转型。 ...

智通财经7月31日电，京东集团在港交所公告，决定通过全资间接附属公司JINGDONG Holding Germany GmbH向欧洲消费电子产品零售商MediaMarkt及Saturn的母公司CECONOMY AG所有股东作出 自愿公开收购要约，以每股4.60欧元的现金对价收购CECONOMY的所有已发行及流通的不记名股份， 并建立战略投资伙伴关系。 京东集团：向德国电子产品零售商CECONOMY发出收购要约 ...