JD.com’s £1.9bn Ceconomy takeover hit with further turmoil

JD.com’s €2.2bn (£1.9bn) takeover of MediaMarkt and Saturn owner Ceconomy has reportedly encountered another regulatory hurdle after European Union officials formally outlined their objections to the deal.
The European Commission has issued the Chinese ecommerce giant with a “statement of grounds”, formally notifying the business of concerns uncovered during its investigation.
Regulators are examining whether JD.com received Chinese state support, including preferent