Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
JD-SW In Talks to Acquire Electronics Retailer Ceconomy for EUR2.2B
Recommend 7 Positive 16 Negative 6 |
||||
|
||||
|
JD-SW (09618.HK) (JD.US) is in advanced negotiations to acquire German electronics retailer Ceconomy, valuing the latter at approximately EUR2.2 billion, foreign media reported. Ceconomy issued a statement saying JD.com is considering acquiring Ceconomy shares at EUR4.6 per share in cash, representing a 23% premium over the company's closing price of EUR3.75 on Wednesday (23rd). At this juncture, no binding agreement has been signed between the two parties, and it is uncertain whether JD.com will make a takeover offer. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
