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Teng Speculation In The Whole Process Of Acquisition Of The Hummer Traces Of Obvious by big tree
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Teng Speculation In The Whole Process Of Acquisition Of The Hummer Traces Of Obvious by BIG TREE
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| Article Posted: 09/11/2010 |
| Article Views: 12 |
| Articles Written: 1033 - MORE ARTICLES FROM THIS AUTHOR |
| Word Count: 552 |
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Teng Speculation In The Whole Process Of Acquisition Of The Hummer Traces Of Obvious |
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Business,Business News,Business Opportunities
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25 am Beijing time, General Motors announced in Detroit, can not be fulfilled due Teng acquisition for the Hummer, the deal fails, GM will gradually shut down the operation of the Hummer. Buy Hummer fruitless, is Teng in itself does not have the capability or the relevant Government departments will not be approved? Teng did not pull out a victory in there room? Transaction failure for both sides mean? Teng in the process of acquisition of significant speculation Hummer was suspected.
In accordance with the agreement reached last year, Teng that should be completed in January this year, delivery has not received the approval of relevant departments of the Chinese government, in general to allow extension of Teng 1 month, but nearly the end of February, "get government approval" has become impossible task.
Stuck atop approval, in the end is "not received any takeover application" or "not approved", the competent departments ambiguous position. Industry analysis, although the authorities outside "the acquisition of applications not received," but essentially the Government's attitude is very bright, for the acquisition of Proton in the Hummer, do not agree.
The acquisition is the amount of 150 million U.S. dollars, and not large in absolute terms, but more than 100 million U.S. dollars to declare the provisions of the State Development and Reform Commission and other departments. From Tengzhong last year's "turned out to" process, it is estimated that this private enterprises reached a preliminary agreement with GM and published before, and there is no formal application to the Chinese authorities, "before reporting" very likely, the Chinese government for This "sea without permission," there had not approved precedent.
Acquisition failure is the outcome of the taste for the different parties, of course, the biggest losers General Motors. Better price of the Hummer brand was originally intended to take over now no one can only close down a cut-off end. The Tengzhong obviously be greater than the losses from an unknown local private enterprises became the world-renowned companies, although the acquisition did not succeed, but the corporate reputation and brand image has been greatly enhanced, than to spend huge sums of money to create ads for business promotion are much more efficient and effective, can be said to serve multiple purposes.
NDRC chief auto analyst with the price monitoring center XD believe that the incident looked like "a need for business development opportunity to speculation behavior", this drama hidden mystery of the acquisition of a majority of people beginning to be against. A decline of non-environmentally friendly energy development trend of the Hummer brand to be sold to the Chinese people after the Americans out, I believe any rational company will not have acquired a reckless act, but had never produced in Proton cars Heavy Industries has come out bent on the acquisition, Is Known as the play to see how all the speculation, revealed a deep mark.
China Automobile Dealers Association, told reporters that person, Hummer, as the case will not affect the acquisition fails to enter the Chinese automobile enterprises to overseas pace. I am a professional writer from China Manufacturers, which contains a great deal of information about men's cashmere sweater , merino wool sweater, welcome to visit!
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