And national stature Suning 3 billion acquisition of US-sized renewed rumors – Suning, Gome, Dazhong – HC network appliance industry-hc360

Merger with Beijing Dazhong Electronics has entered a crucial stage of negotiations, Su Ning, the price of trying to use 3.0 billion acquisition of medium and large, and with Dazhong, Shanxi, Nanning and Chongqing branches have been fully settled, the Su Ning took over.

It was reported that large and medium access with Suning substantive change is limited to Shanxi and Chongqing, Nanning three places, as Shanxi, Chongqing, Nanning, etc. not in the last year, medium and large stores, and China Paradise
Cooperation
Agreement, so it can be carried out. After the Spring Festival this year, medium and large layoffs to begin a top-down, two months have been laid off 400 employees, which is the entry for Suning's ready to do personnel.

"This is not true." Beijing Dazhong Electronics
PR
The Department of Chen Yu said that the message has long been rumored, and now once again spread rumors that the reason may be more out of
Stock
Market.

"I really do not know." Shanghai Suning Appliance CEO Ling Guosheng taken it in stride, saying the news should be news scrawl.

Press in
5,6
early as last month, numerous reports of large and medium and Suning market on news of possible cooperation.

Last April 19, Dazhong and Shanghai Yongle Electric signed a strategic cooperation agreement, both sides agreed to complete cooperation within a year of mergers and acquisitions, medium and large deposit of this Wing-lok also paid 150 million yuan. After a month in co-operation may, Yongle will and
States United States
Reached a merger agreement. This drastic change, medium and large accused Paradise "faithless" in this paper, the Yongle break. Not a bilateral negotiation several times, last October, Dazhong and Yongle had to court, termination disputes to be submitted to national arbitration committee for arbitration, so far no results.
Dazhong and Yongle
row in the course of the dispute, the market repeatedly came news of the acquisition of Paradise as GOME, and large and medium and the National US-market competition in Beijing because "each make an enemy", so medium and large tend to the United States and China biggest rival Suning together.

At the time, both sides have repeatedly denied that co-operation, but Suning said that as long as the right time, on the possible mergers and acquisitions. The large and medium also said do not rule out any cooperation between peers.
U.S. arms into the country
Wing-lok, an increase from the side of the contact Suning and Dazhong opportunities for bilateral cooperation to lay a hint.

Home Appliances
Multi-variable chain
If the acquisition of large and medium success
Suning, China's home appliance chain pattern will change again by the country the United States, Suning and Dazhong's "Three Kingdoms" Su Ning, changed completely and the National US's "war between Chu and Han."

Not long ago,
Business
Department of China Chain Store & Franchise Association jointly issued the "2006 chain hundred List" show, to benefit from the successful acquisition of Yongle, Gome Group last year to 86.93 billion yuan sales volume, 820 shop performance ranks first time Bailian Chinese chain first. Suning Appliance are 181 cities in the country nearly 500 stores, annual sales volume close to 60 billion yuan. To 8.7 billion while sales of medium and large electrical appliances, 97 stores ranked 25th. It's the most recent figures show that, at present, Suning's chain of stores has reached more than 560, but to state the United States than there are still some gaps. Su Ning, medium and large mergers and acquisitions, if successful, the number of its stores and sales and national scale would greatly narrow the gap between the United States.

However, Suning challenges are growing in number. Recently, a rumor that the merger and reorganization of Hefei Gome For Sanyo, backdoor S * ST Zarva A share listing, which undoubtedly gave rival Suning signals sent a strong attack.
Suning and Dazhong
between the "scandal", an industry analysis, said, "the possibility of cooperation or very large." Since the country after the U.S. acquisition of Yongle, Suning and national beauty competition even more intense. As the number of stores at a disadvantage on, for Suning is now one of its most important task is to continue enclosure, rapidly narrowing the number of Gome, the gap in the store, and mergers and acquisitions both large and medium is the narrowing gap between the fastest approach.

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