JD.com completes its acquisition of a 59.8% stake in CECONOMY AG for EUR 1,335 million, consolidating the retailer into its financial statements as of November 12, 2026.
The voluntary public takeover offer at EUR 4.60 per share in cash has been completed; JD.com now holds 59.8% and, with partner Convergenta's 25.3%, 85.2% of CECONOMY, making it a JD.com subsidiary from November 12, 2026. The shares will trade near the EUR 4.60 offer level, leaving little upside or downside for the remaining free float. The article does not announce a delisting, so the small remainder continues to trade.
JD.com completed its takeover of CECONOMY on Nov 12, 2026, acquiring 59.8% for EUR 1,335 million at EUR 4.60 per share, bringing combined holdings with partner Convergenta to 85.2%. CECONOMY's results consolidate into JD.com's financials from today, a strategic expansion into Europe. However, this is the completion of a previously announced offer and the cash outlay is modest relative to JD's size, so no new surprise for holders.
JD.com has finalized its voluntary public takeover of CECONOMY AG, acquiring a 59.8% stake for EUR 1,335 million. The transaction, executed at EUR 4.60 per share, brings the combined holdings of JD.com and its partner Convergenta to 85.2%. CECONOMY is now a subsidiary of JD.com, with its financial results consolidated into the company's statements effective November 12, 2026.
The offer was EUR 4.60 in cash per share, made through JINGDONG HOLDING GERMANY GMBH.
JD.com acquired 59.8% of CECONOMY's share capital and voting rights for a total consideration of EUR 1,335 million, at EUR 4.60 in cash per share.