German Competition Watchdog Gives Green Light for Ceconomy Acquisition - RetailDetail EU

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A Chinese online shop may become majority shareholder of the umbrella company of Mediamarkt and Saturn. The Federal Cartel Office released the acquisition of the electrical specialist business.

Kronen Zeitung

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Now the German Antitrust Office has also given the green light. This means that the takeover of Saturn/MediaMarkt's parent company Ceconomy by the Chinese retail giant JD.com is official. "JD.com has so far only been active to a very small extent in Germany," said Andreas Mundt, President of the Federal Cartel Office, on Thursday. The merger has few competitive points of contact and does not give any cause for concern.JD.com announced at the end…

hna.de

tz.de

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op-online.de

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+2 Reposted by 2 other sources

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The Chinese company JD.com wants the majority of Mediamarkt-Saturn. Now the Federal Cartel Office gives the green light. That has a certain reason.

Zeit Online

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A Chinese online shop may become majority shareholder of the umbrella company of MediaMarkt and Saturn. The Federal Cartel Office released the acquisition of the electrical specialist shops.

Sueddeutsche Zeitung

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LVZ - Leipziger Volkszeitung

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The Chinese tech giant JD.com wants to become a new majority shareholder in the company's parent company Ceconomy. However, the deal is not yet in dry cloths.

Bild

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The discussion about whether the Chinese influence is now greater than it can be dear to us already has a quite long beard. And while we ...