France Asks JD.com for More Information on Ceconomy Takeover (1)

Sept. 11, 2025, 5:12 PM UTC

France is asking Chinese e-commerce firm JD.com Inc. to provide more information about its offer to acquire Germany’s Ceconomy AG, which owns about 22% of French electronics retailer Fnac Darty SA, a government official said.

The French government wants a clearer idea of JD.Com’s reasons for the investment and how that fits with its strategy in Europe and France, according to report in newspaper Les Echos, which was confirmed by the official.

JD.com said in July that it offered €4.60 in cash for each Ceconomy share, a deal that would value Europe’s largest consumer electronics retailer at about ...

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