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"m & A War" Smoke Resurgence Suning Wait "lower Prices" by big tree
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"m & A War" Smoke Resurgence Suning Wait "lower Prices" by BIG TREE
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| Article Posted: 09/19/2010 |
| Article Views: 18 |
| Articles Written: 1033 - MORE ARTICLES FROM THIS AUTHOR |
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"m & A War" Smoke Resurgence Suning Wait "lower Prices" |
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Business,Business News,Business Opportunities
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Home Appliances Suning giant sized event in the quiet M & A after 5 months. Recently it has provoked much discussion in the industry. Press Contact Suning Nanjing headquarters, was the answer the moment no comment.
But the number of foreign CEOs
reporter to disclose, mergers and acquisitions have been almost certain. The latest sources, as early as February this year, Suning and Dazhong reached an initial agreement, the agreed purchase price is 3 billion yuan. But since the two sides has not been finalized. Paradise spoiler on the one hand there are factors, but more critical or difficult to attain the same price. Medium and large with the intention of raising price tag, but did not increase the idea of Suning, both consumption of today.
"M & A war" smoke resurgence
M & A speculation planes can be traced back early in December last year
States United States Acquisition time of Yongle. Dazhong and Yongle as a strategy in the previous
Cooperation Relations, Yongle to pay a sum of money as a medium and large margin, and promised to lift with the large and medium Should the agreement itself, the other party has the right to deposit forfeiture; the country after the U.S. acquisition of Yongle, both sides hold different views on the bond issue, resulting in the acquisition plan for the time being stranded.
The two sides set a "gentleman's agreement" not think of a future medium and large the biggest obstacle to their fates got tied with Suning. Country after the U.S. acquisition of Yongle, "gentlemen's agreement" broken, medium and large to the China International Trade Promotion Committee arbitration application to take responsibility for breach of Yongle Appliance, and the confiscation of Paradise before the deposit paid 150 million yuan.
Reporters get the news is still pending arbitration, but the industry has been denied Dazhong and Suning rumors began to arrange with the acquisition. On the one hand waiting for the outcome of arbitration, on the one hand began to touch and explore each other.
Few months ago, third-party agencies large and medium end of the financial review, after which the two sides entered a period of careful study, and even once stopped, and into the stalemate. Busybody brings a burst during the acquisition of large and medium Suning price is 30 billion, but the two sides agreed were immediately denied, and no real contact with the so-called.
But there are reports that the negotiations on the price of the two sides have differences, large and medium
Electrical Internal insisted that medium and large sales over 10 billion yuan, far more than 30 billion can buy one; and medium and large stores in Beijing have occupied the "strategic location", is non-renewable resources, Gome, Suning now 3.0 billion can not rely on the edge of a farm out in the same amount and effectiveness of the stores to.
Industry that continued to shop in Beijing Suning recently, opening its stores, its main aim is to strengthen the strategic layout of the Beijing market, and bargaining chips in negotiations to increase prices down.
Suning wait for "lower prices"
Reporter confirmed that since the second half of this year, medium and large began to look squarely at the reality they face, shrink the expansion front, turn off the in Chongqing, Nanning, Taiyuan loss of stores, the concentration of resources in the North China market and optimize its store.
Even in the headquarters in Beijing, this year's large and medium stores are also reduced from the original 65 to 62, including heavy equipment 20 stores. Dazhong's argument is that, after the strategic adjustment, medium and large single store in Beijing, revenues from the overall growth of more than 30%. In accordance with the expected overall sales to Beijing this year, 90 billion yuan and profits of around 180 million yuan.
"At present, Suning do not doubt that large and medium profitability in Beijing, and to consider more internal
Management Problem. A source revealed, and Suning have established a complete system compared to the background, medium and large interior with a complete set of REP systems have not yet been established, Suning and Dazhong of integration is still difficult. "The industry source said.
Zhang Jindong appears in, Suning have to find a
Investment
Costs, consolidation time, merging the best combination of risk, before considering large and medium "value can use up." I am an expert from China Manufacturers, usually analyzes all kind of industries situation, such as indoor bike racks , garage organizer systems.
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indoor bike racks, garage organizer systems,
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