China's JD.com Acquires Control of MediaMarkt (Mediaworld) and Saturn - Economic Scenarios
23 Articles
23 Articles
Of course, you have to look carefully at whether the promises made by JD.com are being kept. But the origin alone should not be a reason for rejection. The electronic chains also have opportunities.
In the future, the Chinese will play a strong role in Europe's largest electronics retailer Mediamarkt-Saturn. The Chinese e-commerce giant JD.com is joining the media market saturn mother Ceconomy in a large-scale way. Lars Petersen, Head of National Investigation Premium Group, talks about the background.
Chinese online retailer JD.com has announced a takeover bid for German company Ceconomy, the parent company of electronics retailers MediaMarkt and Saturn. It is offering 4.60 euros per share, valuing the takeover target at around 4 billion euros, foreign news agencies report. Ceconomy is in favor of Chinese ownership.
The Chinese e-commerce giant JD.com wants to take over the MediaMarkt-Saturn mother Ceconomy. According to the Ceconomy boss, European trade is to be strengthened.
About a week ago, MediaMarkt-Saturn parent company Ceconomy confirmed advanced negotiations with JD.com for a takeover. Now the Chinese company makes serious and makes an offer.
mannheim24.de
Media reports have been circulating for a long time, according to which the Chinese company JD.com should be interested in the media market parent Ceconomy. Now the Chinese have taken the decisive step.
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