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EU regulators are assessing whether Chinese e-commerce giant JD.com's $2.5 billion bid for German electronics retailer Ceconomy involves Chinese subsidies.
EU regulators are probing JD.com's $2.5 billion Ceconomy bid for potential Chinese subsidies.
KEY POINTS
- The European Commission is evaluating the acquisition under the Foreign Subsidies Regulation, not merger rules.
- A preliminary probe ends May 28, after which a deeper investigation could be launched if needed.
- The deal already cleared Italy but faces regulatory scrutiny in Austria under national investment rules.
COMPANIES
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