CECONOMY AG has confirmed advanced negotiations with JD.com regarding a potential public takeover of CECONOMY by JD.com. JD.com is considering making a voluntary public takeover offer in the form of a cash offer for all bearer shares of CECONOMY, proposing a price of EUR 4.60 per share. As of now, no legally binding agreements have been signed, and it remains uncertain whether the takeover offer will materialize. The announcement was made by CECONOMY AG following recent press coverage on the matter.
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