Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
Italy Sets Strict Data Protection Terms for JD-SW Acquisition of Ceconomy
Recommend 6 Positive 14 Negative 2 |
||||
|
||||
|
JD-SW (09618.HK) announced in July 2025 its intention to acquire German consumer electronics retailer, Ceconomy. An internal Italian government documents noted that Italy set strict personal data protection terms for the transaction, requiring JD-SW to separate the storage of the group and its subsidiary data from consumer personal information, Reuters said. Ceconomy currently holds personal data of approx. 21.62 million Italian users, and JD-SW has committed to safeguarding the personal data of Italian consumers, with plan to store the relevant user data in a proprietary European database, according to the Italian government document. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
