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JD.com And Ceconomy Mega Deal Delayed By Austrian Regulators [Yahoo! Finance]
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am
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US:NASDAQ Investor Relations: ir.jd.com
Photo: Sebastian Gollnow/dpa (Photo by Sebastian Gollnow/picture alliance via Getty Images) dpa/picture alliance via Getty Images The contest for Ceconomy, Europe's largest consumer electricals retailer, was always about more than scale and it is now at risk of becoming a referendum on whether Europe is still open to the next phase of global retail integration, or quietly redrawing its boundaries. And Austria's intervention has brought that question to the forefront as European retail charts a new future. JD.com's $2.5 billion bid for Ceconomy , the owner of German-based MediaMarkt and Saturn, has hit a regulatory roadblock, with the company warning that “whether the transaction can be completed… is questionable” amid the current review process. At the same time, Ceconomy has accused Austrian authorities of having “refused to engage in a joint solution-finding process,” a claim that Vienna has firmly rejected, insisting it is “fully cooperative” while scrutinizing risks tied
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- JD.com Unit Targets $775 Million Singapore REIT IPO With Advisors Selected [Yahoo! Finance][Yahoo! Finance]
- JD.com Announces Proposed Offering of CNY-denominated Senior Notes [Yahoo! Finance][Yahoo! Finance]
- JD.com And Ceconomy Mega Deal Delayed By Austrian Regulators [Forbes][Forbes]
- JD.com Announces Proposed Offering of CNY-denominated Senior Notes[GlobeNewswire]
- Austria delays JD.com takeover clearance for Ceconomy [Yahoo! Finance][Yahoo! Finance]
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