WS #16846
JD.com shares jumped 5.3% following EU conditional approval for its acquisition of Ceconomy, marking its biggest one-day gain since May. In the US, CVS Health reported a Q3 EPS beat and raised full-year guidance, citing progress ahead of its planned corporate split into two companies by 2028. These developments highlight active M&A and restructuring activity in European retail and US healthcare sectors.
European M&A and Retail
JD.com shares jumped 5.3% following EU conditional approval for its acquisition of Ceconomy, marking its biggest one-day gain since May. In the US, CVS Health reported a Q3 EPS beat and raised full-year guidance, citing progress ahead of its planned corporate split into two companies by 2028. These developments highlight active M&A and restructuring activity in European retail and US healthcare sectors.