India, Sept. 1 -- JD.com (JD) has officially launched the acceptance period for its voluntary public takeover offer for CECONOMY AG, following approval by the German Federal Financial Supervisory Authority (BaFin). The offer period begins today, 1 September 2025, and will run until 10 November 2025, JD.com said in a statement on Monday.
JD.com is offering 4.60 euros per share in cash, representing a premium of approximately 42.6% over the three-month volume-weighted average price (VWAP) as of 23 July 2025-the day before CECONOMY's ad-hoc announcement confirming advanced discussions with JD.com. The offer carries no minimum acceptance threshold, and CECONOMY is expected to be delisted shortly after the transaction is completed.
JD.com said...