JD Group - SW (09618) has decided to make a voluntary public takeover offer to CECONOMY and establish a strategic investment partnership.

The translation is: Wisdom Financial News APP, JD Group-SW (09618) announced that the company today announced that it has decided to make a voluntary public takeover offer to all shareholders of CECONOMY AG (CECONOMY) (XETRA: CEC), the parent company of the leading consumer electronics retailers MediaMarkt and Saturn in Europe, through its wholly-owned indirect subsidiary JINGDONG Holding Germany GmbH (offeror), to acquire all issued and outstanding bearer shares of CECONOMY (CECONOMY shares) at a cash price of 4.60 euros per share (takeover offer).