-+ 0.00%
-+ 0.00%
-+ 0.00%

Market Chatter: JD.com Nears EU Nod for Purchase of German Electronics Retailer Ceconomy

MT Newswires·10/04/2026 23:43:26
Listen to the news
11:43 PM EDT, 10/04/2026 (MT Newswires) -- JD.com is expected to secure approval from the European Commission for its planned acquisition of German electronics retailer Ceconomy (CEC.F), Reuters reported Oct. 2, citing a person familiar with the matter. The unnamed source said the approval, scheduled for Nov. 4, will follow amendments to the Chinese e-commerce company's proposed remedies to allay the concerns of the European Union regulator. The probe is being conducted under the Foreign Subsidies Regulation, the report noted. JD.com, Ceconomy and the European Commission did not immediately respond to requests for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)