Gome Acquired Dazhong Higher Suning 600 Million Into The Key?
Suning Appliance acquisition in the old enemy after the failure of medium and large
electrical appliances, to 3.6 billion yuan (RMB, same below) the price will include large and medium electric pocket. States United States announced that the consultation will provide an independent third party Tianjin 3.6 billion loan to help its acquisition of Dazhong Electronics, Gome acquired an exclusive option to purchase the consultation to the acquisition of Tianjin, medium and large part or all of the registered capital. At the same time, countries the United States will
Management And operating large and medium business and charge management fees. Reputation of this country is a transitional arrangement, management and operations through a comprehensive manner, to complete the integration of large and medium, provided the appropriate time and then perform the procedures for approval, then the U.S. assets into the country.
The mainland's fourth-largest medium and large electrical appliances
Home Appliances Chain, 81 stores in North China, including Beijing and 61 in Beijing
Consumption Electronic 50% market share, last year's sales of 6.2 billion, profit from 120 million to 130 million yuan. Gome president Chen Xiao said the company will be in Beijing to implement "dual-brand, dual management team," the difference operation, to maximize synergies. Maori and the country in view of large and medium level compared to the U.S. are still large room for improvement, so in trust as a transitional arrangement.
Only when companies is operating close to the injection
Tianjin Chen Xiao refused to confirm the consultation more than 600 million yuan bid Suning is the key to successful transactions, only emphasized the purchase price is reasonable, the United States to further strengthen the country's competitive advantages, but also access to space for future growth of the country benefit U.S. shareholders . He was referring to the transaction terms of pricing and cash payments to meet the seller in the mood, so the two sides in more than two years after the end of fruitful contacts. The use of managed way, to be large and medium state and national business or a flat close to the United States only when injected into listed companies, enabling the country the United States shareholders. Chen Xiao revealed that the U.S. hosted the "large and medium" is the accepted medium and large stores and brands all the resources of "new large and medium", and the United States will not bear the large and medium state the original debt. According to a series of agreements and arrangements, medium and large revenues and profits next year will be included in the financial listed companies
Report . He also said that the acquisition does not violate China
Antitrust Law Patients without Business Department or other government authorities. In addition, the large and medium and Paradise (Country United States has been acquired) of 150 million yuan before the dispute has been resolved through reconciliation.
Chen Xiao optimize the acquisition described in the country
Network
Structure, countries the United States has three major economic centers in China, especially Beijing Shanghai established between the absolute competitive advantage, including the end of this year, including medium and large national network will reach 1,100.
Gome Acquired Dazhong Higher Suning 600 Million Into The Key?
By: zhangbetty
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