Suning estimated acquisition sized dust before landing in October - Suning, Dazhong, home appliance

Suning estimated acquisition sized dust before landing in October - Suning

, Dazhong, home appliance

The nation's largest home appliance chain Gome acquired Shanghai Yongle, the second-largest home appliance chain Suning Appliance is also about the first merger, acquisition target is Beijing's largest home appliance chain giant, is working with the Wing-lok, a "termination case," the big in electrical. Reporter yesterday (April 15, 2007) noted that acquisition of large and medium Suning ongoing negotiations, the deal likely to be completed in October. However, medium and large not to rescind the Yongle, Suning, Dazhong is not currently signed up, mergers and acquisitions still variable. Paradise founder, is the U.S. president Chen Xiao said China is concerned about this, but he believes the current acquisition of large and medium Suning is impossible. Large and medium enterprises on the sale and Country since last July after the U.S. announced the acquisition of Yongle, Dazhong Electric Appliance in October it unilaterally announced the lifting of the Yongle treaty signed before the merger, since the fate of large and medium has been the industry's attention, not to cover up to the sale of medium and large Italy, the ED also Gome, Suning, Best Buy and other national chain throws, "Hydrangea." At last count, Suning seems to be the final buyer. According to reports, medium and large appliances in Shanxi, Nanning, Chongqing and other places of the branch has reached an agreement with Suning, its first took over. The reason that Dazhong and Suning substantial carry-limited in Shanxi, Chongqing, Nanning, it is by Dazhong and Yongle termination events. As Shanxi, Chongqing, Nanning and other stores not in the last year, medium and large field, Paradise within the cooperation agreement, so now you can be. Song Hong, general manager of Dazhong Electronics, told reporters yesterday, Suning acquisition of large and medium is not accurate information. Transfer of foreign stores because of large and medium sized business currently contracted. The acquisition, medium and large in the talks not only with Suning, Best Buy, Gome is the object of the negotiations so far, did not sign any. Suning CEO Sun Weimin told reporters yesterday, is still far from large and medium sized acquisitions. Dazhong Paradise termination lawsuit trip legs But large and medium business should be contracted to be sold as a signal, but now large and medium and Wing-lok's "termination lawsuit" outstanding. Industry insiders, as Paradise has yet to lift large and medium contracts, so now can not sign any new purchase agreement. However, from its stores and Suning cooperation in the field of view, the negotiations should have entered a substantive stage. Media reports of Suning Appliance has sent financial companies and medium and large third-party contact, Suning will be the price of 3.0 billion acquisition of medium and large. However, according to report, if the acquisition of large and medium Su Ning, the latest deal in the next 10 months ago, "ending", but in the end of the financial audit is not completed, the purchase price be determined. Advertisement Promotion Department Director Luo Dazhong Electric Appliance with that large and medium would be open to the media today indicate this fact. SONG, said Su Ning, mainly for clarification regarding the acquisition of large and medium. Industry analysts, medium and large arms of the biggest obstacles to investment Suning, Yongle before it signed with the acquisition of contract had not been lifted. This makes the acquisition of large and medium Suning variables exist. Dazhong Electronics on April 19 last year, has announced a strategic collaboration with Wing-lok, home appliances, the two sides agreed to complete the merger within a year, one year after the purchase price by the large and medium profitability and asset position to determine. But in July and the National US-declared Paradise merged with the Wing-lok, medium and large so unilaterally surrender, and the two sides of the "termination lawsuit" by the China International Trade Promotion Committee for arbitration. Chen Xiao said Paradise is still willing to buy large and medium, in the outcome of the arbitration did not come out until all the results are not easy to say. However, according to the strategic development of medium and large electrical applications consultancy floor light revealed on April 20 will have an arbitration outcome. Home appliance chain will "North Zhang Nan Huang," who buy large and medium, has become a home appliance chain of lakes in the interests of debate. GOME-related sources, medium and large addition to Beijing, all of its field operations at a loss, therefore, Suning, if only to acquire its field operations on its own is no good, medium and large value of the largest of its profitable business in Beijing. However, since Beijing Gome outlets and large and medium height coincidence, therefore, the United States for the country concerned, of little value. However, U.S. competitors for the country concerned, a lot of weight. According to industry analysts, acquisition of large and medium Suning, the domestic home appliance chain industry will be more evenly matched the two male hegemony. Because the acquisition of large and medium Suning Beijing will thus become the largest home appliance retailer, and the National United States after the acquisition of Yongle's largest home appliance retailer in Shanghai compared to the two sides as Beijing, Shanghai as the "boss", the competition between the two male can once again "get even." Analysts believe that, once finalized acquisition of large and medium Suning, most likely approach to private placement, the placement of medium and large electrical appliances chain companies. Suning last Friday's close at 35.3 yuan, rose 5.37% compared with the previous day. Last 7 days, Suning's stock rose 16%.

POST COMMENT

Star City "Yasuharu Dragon" storm appliance stores launched new marketing - home appliance Affordable health health risks second-hand appliances and more - used home appliances, refrigerators Jinzhong appliances preferential agricultural policies began to rural areas - home appliances countr Emc E20-001 Exam Questions Lhasa: Business will increase the sales network appliances to the countryside - home appliances, hom Ministry of Finance: Next year there will be three major home appliances to the countryside policy c Suning: quality and service at low prices to build a new chain - Suning, home appliance chain, infor Theater Stage Lighting: An Intro to Theater Lighting Equipment All About Radiation - What's Radiation and When Was it Discovered? Since the crisis hit home appliances small and medium business success Breakthrough - appliances, th Common Electrical Monogram Home appliances Home Appliances-A Commendable Help Indian car market-offering a spectrum of options