No binding agreements had been signed so far and it was not certain a takeover offer would be made, the statement said.

The $53 bln Chinese e-commerce group may offer $2.6 bln for Düsseldorf-based Ceconomy, which runs electronics stores. The ...

Media reports have been circulating for some time that the Chinese group JD.com could take over Mediamarkt's parent company ...

JD.com is in advanced negotiations to acquire German electronics retailer Ceconomy for €2.2 billion ($2.58 billion), ...

In a report released today, James Lee from Mizuho Securities maintained a Buy rating on JD, with a price target of $42.00. The company’s shares opened today at $33.93. Take advantage of TipRanks ...

The Chinese online retailer JD.com is negotiating a takeover with Ceconomy. Ceconomy is the owner of Media Markt and Saturn.

A deal would grant JD access to one of the largest online marketplaces for electronic goods in Europe, as well as a network of approximately 1,000 stores across several European countries.

JD.com is in advanced talks to acquire German electronics retailer Ceconomy for EUR 4.6 per share, valuing the company at about EUR 2.2 billion. The offer represents a 23% premium, but no binding deal ...

Chinese e-commerce giant JD.com is in advanced talks to acquire Germany’s Ceconomy AG, owner of MediaMarkt – the German equivalent of JB Hi-Fi – in a deal worth €2.2 billion (A$3.5 billion). The ...

The €2.2 billion deal for MediaMarkt and Saturn would give the Chinese group access to over 1,000 European retail locations.