✉news WorldEU Politics first seen 1 h ago, last 3 min ago, peak #8

JD.com set to win EU approval for Ceconomy deal

Original: JD.com set to win EU approval for Ceconomy deal, source says

Chinese e-commerce group JD.com is set to receive European Union antitrust approval for its acquisition of German electronics retailer Ceconomy, according to a source cited by Reuters. The deal would give JD.com control of MediaMarkt and Saturn, extending its footprint into European retail. The EU decision is expected imminently.

Why now: The anticipated EU clearance marks a major expansion of a Chinese company into European consumer electronics retail.

JD.comCeconomyEuropean UnionMediaMarktReuters

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• JD.com set to win EU approval for Ceconomy deal, source says · WTVB
• JD.com set to win EU approval for Ceconomy deal, source says · Reuters

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