EU probes deal that would give Chinese retailer a stake in France's Fnac Darty

EU probes deal that would give Chinese retailer a stake in France's Fnac Darty

The European Union has opened an investigation into Chinese e-commerce giant JD.com’s proposed €2.2 billion takeover of German electronics retailer Ceconomy, which is the second-largest shareholder of French group Fnac Darty. Regulators suspect the bid may involve Chinese subsidies.

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