JD.com announced the completion of its acquisition offer, purchasing 59.8% of CECONOMY's shares and voting rights for a total consideration of €1.335 billion. With the acquisition completed, CECONOMY became a subsidiary of JD.com. Combined with the 25.3% stake retained by JD.com's partner Convergenta, the two parties now hold a combined shareholding of 85.2% in CECONOMY.
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