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Foreign media said on February 18,Tianjin Tianhai 188bet sports betting app download and Development Co., Ltd., a subsidiary of China HNA, has agreed to acquire Ingram Micro, a US information technology and supply chain company, for US billion,Set the record for the highest acquisition of an American IT group by a Chinese company。
According to the Financial Times report on February 18th,California-based Ingram Micro announced that it has agreed to acquire Tianjin Tianhai 188bet sports betting app download (Tianhai) for 38 per share. all cash acquisition,This price is 31% higher than Ingram Micro’s closing price on the 17th。Tianhai 188bet sports betting app download is a subsidiary of HNA。
HNA’s acquisition is the latest in a series of overseas transactions by large Chinese companies。
At a time when Chinese companies are setting off a frenzy of mergers and acquisitions in overseas markets,The domestic economic growth rate dropped to the lowest level in thirty years。
Since the beginning of this year,Chinese companies have invested more than 80 billion US dollars in foreign acquisitions。
ChemChina recently agreed to acquire Swiss agricultural company Syngenta for nearly billion,This is the largest overseas acquisition by a Chinese enterprise in history。In January this year, Haier acquired General Electric’s (GE) home appliance business for US.4 billion。
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