Best Buy, While Large And Medium To Contact And Negotiate With Odds Greater Suni
Sized working with Suning and Best Buy to contacts and negotiations, Su Ning said the chance of winning big
Sized
Electrical
Song Hong, general manager told reporters, Suning and Dazhong Electronics is working with Best Buy contacts and negotiations, Suning Appliance (002024) is also a senior reporter
List
Said Su Ning is currently negotiating with the medium and large mergers and acquisitions.
Medium and large has a new plan
In
States United States
And Paradise on July 25 announced
Cloth
Combined evening news, said in a statement on the medium and large, in view of the unilateral and third parties Yongle, Dazhong Electric Appliance strategic cooperation agreement with Yongle to be renegotiated. Yesterday, medium and large electrical-related public relations have also told journalists have their own medium and large is true that the new plan, but not before the formation of the new program will be specifically disclosed. Song Hong, general manager of Dazhong Electronics confirmed to reporters sized working with Suning and Best Buy contact information, but did not disclose further details.
And Suning Appliance, a senior who declined to be named, said Su Ning in fact the same medium and large have had a very long engagement, but both had limited access to basic operational level, but since the two sides began Recently negotiations on the merger. The source said the current negotiations Suning contact with the large and medium basically by Suning and Dazhong Zhang Jindong, chairman, chairman of Da in the direct operation.
A Best Buy close to the informed sources, medium and large contact with Best Buy in advance of the Yongle and Dazhong outgoing message after the failure of cooperation has already begun. The source said Best Buy’s strategy is to acquire original sized and then focus on the peripheral expansion of Beijing, but the details of price and co-operation and other reasons, large and medium terms, and ultimately rejected cooperation with Best Buy. Subsequently, Best Buy only began turning from Beijing, Jiangsu, and Five Star to negotiate, and eventually to 180 million U.S. dollars of the price of holding Five Star. And cooperation in Paradise present an unexpected turn, the large and medium then turned to Best Buy.
Suning more likely to win
The Suning Appliance say, from the current situation, Suning on acquisition hopes for large and medium is very large.
His analysis: terms of opportunity, a large long-term competition in Beijing, the United States with the country, from the feelings of the large and medium terms will be more willing to close Suning; ability of speaking from the capital, Suning’s market value is
Home Appliances
Chain of three largest listed company, capable of large and medium sized acquisitions; from the technical side, the United States and China Paradise is listed in Hong Kong red chip companies, in a sense belong to foreign companies, but Best Buy is simply that foreign companies, so they buy large and medium in terms of policy support received not as listed in the domestic A share Suning.
Yongle Home Appliances spokesman Huang Jianping have expressed the three points: first, Yongle and Dazhong cooperation framework agreement has not yet been repealed; second, Yongle and Dazhong formed by the management committee is also still ; Third, the current is still busy integrating the U.S. with the country thing, it temporarily can not attend to the same medium and large matters.
Related to this news, Best Buy (China) Company and GOME have indicated no evaluation of this message.
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