JD.com Under EU Foreign Subsidies Regulation Review Regarding CECONOMY Acquisition
The European Commission is reviewing JD.com's acquisition of CECONOMY under the European Union's Foreign Subsidies Regulation.
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B of A Securities analyst Joyce Ju maintains JD.com (NASDAQ:JD) with a Buy and lowers the price target from $38 to $37.
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The European Commission is reviewing JD.com's acquisition of CECONOMY under the European Union's Foreign Subsidies Regulation.
The European Commission has approved JD.com's acquisition of CECONOMY AG, subject to compliance with commitments to address concerns regarding foreign subsidies.
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