Dazhong Electronics: Beijing Stores Resources Into A Bargaining Chip?
Suning negotiation sized
Zhang Jindong denied
agreement has been reached, said Dazhong and Suning, the country have contacted the U.S.
Weekend, one on the “acquisition of large and medium Suning” message once again become the focus of industry attention, but also broke the calm of Nanjing Suning headquarters. 7 pm, an interview Zhang Jindong, chairman denied the rumors acquisitions large and medium, then large and medium also denied the news. However, in large and medium “Suning more than one contact,” the statement, the bargain is clearly a luxury curtain. Because of price sensitive information involved, just last Friday suspended ex’s Suning forced Monday. Concern is that the same message in the country after the U.S. acquisition of Yongle, Taiwan has been gradually since the wind, but because of various reasons, both deny and finally died down.
This sensitive period, after struggling on the Yongle and Dazhong rivalry results once again become the focus of attention. Yesterday, the National United States (Paradise) president Chen Xiao said, large areas are not the final result of arbitration, the popular online “as long as the Wing-lok, denied breach of contract earlier, some large and medium refundable deposit,” saying, Dazhong Electric Appliance wide publicity director Luolian Jiang stressed This is not the attitude of large and medium areas, medium and large will respect the outcome of arbitration.
“Su Ning contact more than one”
Early as last July, the national news that the U.S. M & Paradise, Suning negotiation on the news already large and medium wind up since. Then, the news as the medium and large and Paradise on the “breach of contract arbitration,” the lawsuit began, gradually subside. The spread of the acquisition is the second time. According to reports, medium and large electrical appliances and Suning Appliance merger negotiations have entered a crucial phase, Suning will be 3.0 billion to buy Dazhong Electronics, medium and large appliances in Shanxi Province, Nanning, Chongqing and other places will also be Suning stores took over.
7 evening, Suning Zhang Jindong, chairman of “character is not a written” denied the news saying, and in the Monday, Suning suspension, Suning CEO Sun Weimin said the issue for acquisition of medium and large, there is simply not any message.
Subsequently, medium and large appliances with wide publicity director Lo interview also said that “rumors stop reality”, and she reiterated the medium and large enterprises is not exclusive to maintain communication with the industry best, not be ruled out at the right time, “preferred the co- “possible, and said,” Su Ning, contact more than one. ”
It is understood that due to the acquisition rumors Suning Taiyuan on medium and large stores to take over some areas. However, even Luo told reporters yesterday, Chongqing, Nanning, Taiyuan to store adjustment, is sized to implement the 2007 “leading Beijing, North China and strong” active choice of development strategies designed to focus on strengthening the management advantages, the independent development by bigger and stronger, to maintain its development capacity and profitability enhancement, is independent, the normal conduct of operations, and the so-called acquisition and irrelevant.
Beijing resources as a bargaining chip shop?
Reporter confirmed that the current medium and large indeed in Taiyuan, Nanning, Chongqing and other parts of the market to adjust its intention to withdraw a number of stores, due to the closure of part of the store location, Gome and Suning attracted to these stores scramble, “but these stores are the original lease, who will take over and Suning is not linked to the acquisition.” Sun also revealed that people, shut down part of the store meet its development needs of Suning, intends to take over part of the store, but this Suning not necessary contacts and negotiations with large and medium, as long as the other major after the end of the lease can be negotiated directly with the landlord.
In the country after the U.S. acquisition of Yongle, Dazhong and Yongle a farce merge into large and medium of a sad past, then, medium and large publicly stated on several occasions to seek new partners. The medium and large the biggest bargaining chip is that it stores in Beijing and resources, this has become their “bargain” of the largest capital. Law does not deny even the wishes of large and medium for cooperation, she said, “We and Suning, Gome and even other companies have frequent contact, but we have not chosen and which one to cooperate.
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