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Market Impact: 0.45

JD.com Prepares Remedy Tweaks in Bid for EU Ceconomy Approval

Source: Bloomberg

M&A & RestructuringAntitrust & CompetitionRegulation & LegislationConsumer Demand & Retail

JD.com is preparing improved remedies to address EU competition concerns over its planned €2.2 billion ($2.6 billion) acquisition of Ceconomy, Europe’s largest electronics retailer. The concessions could improve the likelihood of regulatory clearance, though approval remains uncertain and the deal is subject to EU antitrust review.

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CEC0.15
JD0.12

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