The United States and 3 billion yuan to sell back Suning first throw Hydrangea

Since last week, Beijing local appliance retail industry leader and announced to the Yongle demands termination of contract after the merger, has 70 stores nationwide, with more than and 110 stores and in Beijing, has become the domestic and foreign home appliance retail giant coveted fat.

New sale plan

Yesterday, Nanjing Suning headquarters to a high-level "First Financial Daily" said, and now throws a price of 3 billion yuan the company as a whole, and Zhang Dazhong is chairman and Suning, best buy, the United States and other 3 domestic and foreign home appliance chain retail giant to discuss matters relating to the sale of shares close.

Reporters from large headquarters was informed that in addition to the sale price of 3 billion yuan for the acquisition of the basic conditions,, Zhang and I have a sort of ideal cooperation principles: first for the second best buy, Suning, Gome third.

A person in this sort of medium-sized headquarters explained, the United States ranked in the bottom, because the United States has 45 stores in Beijing, the layout of the stores, and large repeated conflicts are many, if the United States is large and medium-sized mergers and acquisitions, the United States is bound to the Central Plains have many big stores closed, and the United States over the years have been large and medium-sized the biggest rival appliance retail market in Beijing, have long grudges; although the best buy in Beijing no stores, large and medium-sized stores in Beijing to best buy relatively value, however, if sold to best buy, sell to foreign funded enterprises will face not good-looking, and many countries related ministries of the approval process is too complicated, and difficult; for the same origin, and private enterprises in the number of stores in Beijing less Suning, Dazhong acquisition process is relatively simple, and Suning in Beijing's development plan, but also the urgent need for large and medium-sized stores.

Gome's chairman, Wong Kwong Yu, said in Hongkong on Friday: "acquisitions help us become more competitive. We need to continue to expand." But he did not respond to the state of the United States to seek the acquisition of rival Suning or large reports.

Suning plot strong expansion of Beijing

Suning executives revealed that large and medium has been clear to Suning expressed the hope that the acquisition of the initiative. Before the big general manager song Hong has arrived in Nanjing a few days Suning headquarters made a detail investigation, take the initiative to throw Suning hongxiuqiu.

Yesterday, when reporters confronted Suning chairman Zhang Jindong confirmation, Zhang Jindong to negotiate the acquisition of large and medium-sized "thing not to say yes or no, he said:" Su Ning in the national expansion of the pace of development, as long as the right opportunity, of course, be happy with industry peers deep cooperation. However, according to China's relevant laws and regulations, as a listed company in Shenzhen SME board, any acquisition action, must go through the approval of the China Securities Regulatory Commission, in order to disclose relevant information. Therefore, it is not convenient to disclose."

Suning if you want to achieve long-term development in the national market, it must be in Beijing and Shanghai to gain a strong position to gain a firm foothold. In the second half, Suning will invest a lot of resources to Shanghai, to ensure a new store in Shanghai every week. As for Beijing, Suning will also find ways to make breakthrough progress." Zhang Jindong said.

Suning executives confirmed to reporters, currently only 27 stores in Beijing Suning, in order to break through their own weak position in the home appliance retail market in Beijing.

Large and medium

Because of the large and medium between the wing is still a grudge. Although large and medium-sized has been given up with the Wing Lok merger agreement, but on Friday, Wong Kwong Yu said that the agreement between the big and Yongle is still valid.

Suning executives said that before the detention of large and medium-sized Yongle 150 million yuan deposit in the end how to solve the problem, will directly affect the sale price.

A Gome executives told reporters, if large and medium will be sold to other companies, the first to solve the disputes, and Yongle otherwise, other companies can only side with large and medium-sized negotiations progress side Dazhong and Yongle surrender matters.