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JD-SW Renews Interest in Acquiring German Electronics Retailer Ceconomy: Wire
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JD-SW (09618.HK) re-approached German electronics retailer, Ceconomy, for acquisition as it looks to expand through the acquisition, and believed that the distribution network of JD-SW's logistics arm can also complement Ceconomy's brick and mortar stores, Bloomberg quoted sources as saying. Ceconomy soared over 16% this year, with a market capitalization of about EUR1.5 billion. JD-SW expressed interest in Ceconomy back in late 2023. AAStocks Financial News |
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