Huang Guangyu: Collection Medium And Large This Has Nothing To Do With Us

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2006 7 25, Yongle Electrical Sudden and States United States

Electric merger agreement, Gome acquired unconditionally Paradise, Paradise delisting.

2006 10 23, medium and large electrical appliances, announced the lifting before and Shanghai Yongle’s “strategy

Cooperation Agreement. ” 2006 end of proposed medium and large electrical appliances, including Suning to excellent enterprises within the industry, including willingness to cooperate.

2007 on April 9, saying, medium and large electrical items Suning on the Announcement of the acquisition, said it had commissioned a third-party financial advisers and the development of medium and large electrical appliances on the industry, to conduct cooperation and exchange of communication.

2007 12 13, Suning acquisition of Dazhong Electronics officially announced the termination, because there is no agreement on core terms.

PRC North China in recent media is still the issue for the Suning acquisition of large and medium “hair” when, Suning Appliance (002024 market, stock it) (002 024) a piece of paper beyond everyone’s surprise announcement, Suning acquisition Dazhong stopped short, “failed to reach agreement on the core terms” and a few words for the industry is full of speculation and imagination, all the time in the face of media is cautious, including Suning, Gome, Dazhong and Best Buy did not respond for more evaluation,

Huang Guangyu When interviewed in even more bluntly, “This matter has nothing to do with us, Gome acquired Dazhong plan and no intention.” Medium and large electrical appliances go from here not a moment for whoever answers.

Although the acquisition of termination, but analysts believe large and medium sized electrical appliances as net profit is not high, the failure of Suning performance was less affected.

Main reason for the acquisition price is not an end

Suning yesterday in a notice to produce, for the acquisition of only a very brief description of the incident, Suning Appliance to recognize the “recent Suning and Dazhong Electronics and financial consultant to conduct negotiations to buy”, but the comprehensive consideration of Suning Appliance the acquisition cost, acquisition risk factors, “the two sides have been unable to reach agreement on key terms” and decided to “suspend the operation of medium and large electrical items bought,” Su Ning also stressed that company has always stressed the sound.

On the termination of the reasons for the acquisition, the price on the industry speculation is not disturbed. The appliance expert Lu Renbo that not only because of price issues, “Su Ning may have bought a year ago, medium and large demand, but now this demand still exist? Whether the desired effects? These are worthy of discussion ?, “said Lu Renbo so. He also believes that the acquisition of medium and large there are too many uncertain factors, the scores between the Yongle and Dazhong has not been the fault of Suning is also a large yoke. Suning Appliance’s the reporter who also pointed out that “not because of the price problem.”

States United States dissociate itself from Best Buy

After the termination of this acquisition, medium and large electrical appliances on where to go for all kinds of speculation rampant, a lot of media analysis that “the acquisition failed because the United States gives the country a higher price”, even saying that “Best Buy will also be involved in bidding for large and medium industries “, the country’s beauty and consult relevant senior Best Buy, Gome Chairman Huang Guangyu in the interview with this reporter, said,” It has nothing to do with us, no purchase Dazhong, Gome plan, “a spokesman for Best Buy also told this reporter that” no contact with the medium and large, Suning and Best Buy to terminate the acquisition has nothing to do. ” Lu Renbo also believe that other parties to bid higher as a result of termination of the acquisition is unlikely, because “Suning is not short of money.”

GF Securities

Analysts Ou Yafei the reporter’s interview of that, while Suning Appliance terminate the acquisition, but because of Dazhong Electronics net profit more than two million of equity in the face of huge Suning, its performance was less affected. The share price fell yesterday for the Suning Appliance, Ou Yafei that the market reaction over some of the market have high expectations prior to this result.

I am China Quality Dress writer, reports some information about white portland cement , grout ceramic tiles.

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