CECONOMY AG ON Z.VERK.

After a preliminary probe, the European Commission has raised provisional concerns that JD.com may have received Chinese subsidies that could distort the EU single market and Ceconomy’s takeover process. The Commission is now conducting a detailed investigation into both potential competitive distortions and preferential financing, tax incentives and grants; a decision is expected by 2 October. At the same time, national authorities are reviewing antitrust and security-related aspects; France and Italy have already given consent, while decisions in Germany, Spain and Austria are still pending. » Altro su finanzen.net

The European Commission will investigate JD.com's multibillion-euro takeover offer for Ceconomy for possible illicit foreign subsidies. It would be the first case of an in-depth probe under the EU's foreign subsidies rules and is likely to delay and complicate the transaction by at least three months. Austrian regulators have already expressed concerns; the Commission is expected to decide this week. » Altro su manager-magazin.de

The EU will launch an in-depth probe under the Foreign Subsidies Regulation into JD.com's 2.2-billion-euro takeover offer for Ceconomy, which weighed on the stock. The Commission is expected to announce the investigation later this week and then has up to 90 working days to assess whether state subsidies are involved. The move could delay completion of the deal originally planned for H1 2026 and marks a rare detailed review of Chinese acquisitions under these rules. » Altro su de.investing.com