HONG KONG -- JD.com said it has reached an agreement with German retailer Ceconomy to acquire it at 4.6 euros a share in a 2.2 billion euros ($2.5 billion) deal.
Business deals
China's JD.com to buy German retailer Ceconomy for $2.5bn
Europe's largest consumer electronics business to keep operational independence
After completing the takeover of Ceconomy, JD.com says it will expand the German retailer’s platform across Europe. (Source photos by Reuters)
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