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Deal Becomes More Concrete: Mediamarkt and Saturn Could Now Be Sold to China
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Recent reports suggest that the owner of the MediaMarkt and Saturn chains is in talks with the Chinese e-commerce giant. This could result in a massive takeover of over a thousand European stores, including those located in Poland. While details are not yet available, the mere fact that these talks are ongoing has already ignited a wave of activity in the media community. The transaction could be worth billions of euros. Will MediaMarkt change o…
A Chinese company could buy media market mother Ceconomy. Legally binding agreements have not yet been made.
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