on JINGDONG HOLDING GERMANY GMBH
JD.com's Offer for CECONOMY AG Advances with Additional Acceptance Period
JD.com, through its subsidiary JINGDONG HOLDING GERMANY GMBH, completed the initial acceptance period for its takeover bid of CECONOMY AG, securing 45.5% of the share capital and voting rights. This includes commitments from shareholders like Convergenta and Haniel. Combined with Convergenta's retained stake, JD.com now controls 70.9% of CECONOMY.
An additional acceptance period runs until 27 November 2025, offering remaining shareholders EUR 4.60 per share, reflecting a 42.6% premium over the three-month average price before July 2025 discussions.
Post-offer, a potential CECONOMY delisting is considered. Finalization depends on regulatory clearances anticipated in early 2026.
R. P.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all JINGDONG HOLDING GERMANY GMBH news