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Home > Headlines > Ceconomy CEO expects EU to conduct review of JD.com's takeover plans

Ceconomy CEO expects EU to conduct review of JD.com's takeover plans

Published by Global Banking & Finance Review®

Posted on July 31, 2025

1 min read

Last updated: January 22, 2026

Ceconomy CEO expects EU to conduct review of JD.com's takeover plans - Headlines news and analysis from Global Banking & Finance Review

Tags:retail trade corporate strategy financial markets Mergers and Acquisitions international capital

Quick Summary

Ceconomy CEO anticipates EU review of JD.com's €2.2 billion acquisition, aiming for faster growth and tech access.

Ceconomy CEO Anticipates EU Scrutiny of JD.com Acquisition Plans

EU Review of JD.com Acquisition

DUESSELDORF (Reuters) -Ceconomy expects EU competition authorities to examine JD.com's plans to take it over, said the German company's CEO, Kai-Ulrich Deissner, on Thursday.

Details of the Acquisition

Given the size of the transaction, the plans are expected to fall under the purview of Brussels rather than Germany's federal cartel office, added Deissner in a conference call.

Implications for Ceconomy and JD.com

With its Chinese partner, Ceconomy will be able to grow faster and gain access to leading technologies, he added.

JD.com is acquiring Germany's Ceconomy in a deal that values the electronics retailer at 2.2 billion euros ($2.5 billion), allowing one of China's largest online retailers to expand outside of its home market.

(Reporting by Matthias Inverardi, Writing by Miranda Murray; editing by Matthias Williams)

Key Takeaways

•Ceconomy CEO expects EU review of JD.com's acquisition plans.
•The deal is valued at 2.2 billion euros.
•Brussels likely to oversee the transaction due to its size.
•Partnership aims to enhance growth and access to technologies.
•JD.com seeks to expand beyond the Chinese market.

Frequently Asked Questions about Ceconomy CEO expects EU to conduct review of JD.com's takeover plans

1What is a merger?

A merger is a business combination where two companies join to form a single entity, often to enhance competitiveness, market share, or operational efficiency.

2What is a takeover?

A takeover occurs when one company acquires control over another company, typically by purchasing a majority of its shares.

3What is access to technology?

Access to technology refers to the ability of individuals or companies to obtain and utilize technological resources and innovations to enhance productivity and efficiency.

EU Review of JD.com Acquisition

DUESSELDORF (Reuters) -Ceconomy expects EU competition authorities to examine JD.com's plans to take it over, said the German company's CEO, Kai-Ulrich Deissner, on Thursday.

Details of the Acquisition

Given the size of the transaction, the plans are expected to fall under the purview of Brussels rather than Germany's federal cartel office, added Deissner in a conference call.

Implications for Ceconomy and JD.com

With its Chinese partner, Ceconomy will be able to grow faster and gain access to leading technologies, he added.

(Reporting by Matthias Inverardi, Writing by Miranda Murray; editing by Matthias Williams)

Frequently Asked Questions

1What is a merger?

A merger is a business combination where two companies join to form a single entity, often to enhance competitiveness, market share, or operational efficiency.

2What is a takeover?

A takeover occurs when one company acquires control over another company, typically by purchasing a majority of its shares.

3What is access to technology?

Access to technology refers to the ability of individuals or companies to obtain and utilize technological resources and innovations to enhance productivity and efficiency.