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EU Assessing if JD-SW's Ceconomy Takeover Involves Govt Subsidies
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EU competition regulators are assessing whether JD-SW (09618.HK)'s USD2.5 billion acquisition of German electronics retailer Ceconomy involves subsidies from the Chinese government, Reuters reported, citing documents from the European Commission. This review is being conducted under the EU's Foreign Subsidies Regulation, which targets foreign government aid deemed unfair. Auto-translated by AI AASTOCKS Financial News |
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