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✉news WorldEU Politics first seen 12 h ago, last 1 h 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 expected to receive European Union antitrust approval for its acquisition of German electronics retailer Ceconomy, according to a source cited by Reuters. The clearance would remove a key regulatory hurdle for the deal, giving the Chinese company a major foothold in Europe's consumer electronics retail market.

Why now: The reported EU clearance is a significant step in a high-profile cross-border retail acquisition under scrutiny by regulators.

JD.comCeconomyEuropean Union

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