JD.com (09618.HK)(JD.US) announced earlier this month the acquisition of European consumer electronics retailers MediaMarkt and Saturn's parent company CECONOMY AG, with a cash consideration of €4.6 per share.
Germany's antitrust authority Bundeskartellamt stated that it has approved the transaction, noting that JD.com's business presence in Germany has been very limited so far, and therefore believes that this acquisition raises almost no competition concerns

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JD.com announced earlier this month that it has finalized the acquisition of European consumer electronics retailer MediaMarkt and Saturn's parent company CECONOMY AG, with a cash consideration of €4.6 per share. Germany's antitrust authority Bundeskartellamt stated that it has approved the transaction, noting that JD.com's business presence in Germany has been very limited so far, and therefore believes that this acquisition raises almost no competition concerns

Germany's antitrust authority approves JD.com’s acquisition of CECONOMY transaction