CECONOMY AG Announces Strategic Partnership with JD.com, Backed by Major Shareholders
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CECONOMY AG has announced a strategic partnership with JD.com, supported by major shareholders who have committed to tender about 32% of the company's share capital. The collaboration is seen as beneficial for stakeholders, with an attractive premium included in the offer. JD.com will not pursue a domination or profit and loss transfer agreement for at least three years. This partnership may affect CECONOMY's trading dynamics, potentially reducing liquidity after the offer's completion.
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