** Shares in Ceconomy CECG.DE jump as much as 15.4% to their highest prices since April 2022 after Bloomberg News reported that JD.com has renewed interest in buying the German electronics retailer
** JD.com recently approached Ceconomy about a potential deal and has started sounding out large shareholders of the German company, Bloomberg said citing people familiar with the matter
** "We do not comment on speculation," Ceconomy told Reuters
** At 1142 GMT Ceconomy's shares are up 14.9%; if gains hold they will see their best day since November 2023
(Reporting by Tristan Veyet)
((Tristan.chabba@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.