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Chinese E-Commerce Giant JD.com Makes $2.5 Billion Bid To Buy Germany’s Ceconomy

Coverage: 10 sources

See the Story

China's JD.com Acquires Control of MediaMarkt (Mediaworld) and Saturn - Economic Scenarios

75% Right coverage: 4 sources

Tech giant JD.com wants to acquire a controlling stake in Ceconomy , the parent company of two European chains : MediaMarkt ( MediaWorld in Italy) andEurope · China See the Story

Berlusconi Family’s MediaForEurope Ups Bid For ProSiebenSat.1

44% Left coverage: 9 sources

The Berlusconi family’s MediaForEurope (MFE) has upped its bid for Germany’s ProSiebenSat.1 Media. MFE’s voluntary public takeover offer has risen to €4.48 per share in cash and 1.3 newly-issued MFE A shares for each ProSiebenSat.1 share. According to ProSieben, this values its shares at €8.15, based on the MFE-A stock’s price on the Euronext Milans Stock Exchange on Friday. The offer, in turn, prices ProSieben at €2.01B, based on the three-…Silvio Berlusconi See the Story

Zf Friedrichshafen: Banks Loosen Covenants

CFO Michael Frick fears that ZF Friedrichshafen's debt could continue to rise due to the gloomy economic situation. Now he has agreed with the banks to relax a financial covenant.Friedrichshafen · Friedrichshafen Read Article

Ey Germany Does Not Get Rid of the Shadows of the Past

Next spring, EY Deutschland will be able to put off the shackles of regulatory sanctions. The legal aftermath of the Wirecard scandal will continue to follow the auditor for a long time.Germany · Germany Read Article

Stefan Beismann Becomes Ceo of Dz Bank

With Stefan Beismann, DZ Bank will take over the position of CEO of the corporate banking company on August 1st. After an intermezzo in the Sparkassen warehouse, the 47-year-old will face some challenges.Frankfurt · Frankfurt Read Article

No Judgment yet in the Dispute Between Commerzbank and Ey Deutschland

In the compensation process of Commerzbank against the former Wirecard auditor EY Germany, the verdict is delayed. An expert report should first verify the allegations against the auditor.Frankfurt · Frankfurt Read Article

Sympatex Procedure Employs Riege at Top Defenders

In Sympatex criminal proceedings, the accused mainly rely on economic criminals from Munich. Only one brought in a Berlin lawyer.Munich · Munich Read Article

Firm News: K&l Gates, Dentons, Luther

K&L Gates has a new leadership in Germany, Dentons brings an experienced M&A lawyer, and Luther appoints ten partners: The news from the business law firms in the FINANCE overview.Germany · Germany Read Article

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