Home>News Center>China
           
     

    Hisense grabs Kelon in white-hot bidding war
    By Hu Yuanyuan (China Daily)
    Updated: 2005-09-12 05:44

    Hisense, one of China's leading white goods manufacturers, has signed an agreement with Kelon's chairman, and bought a 26.43 per cent stake at the cost of 900 million yuan (US$111 million), Xinhua News agency has reported, citing a top managerial source.

    Hisense grabs Kelon in white-hot bidding war
    Hisense, one of China's leading white goods manufacturers, has signed an agreement with Kelon's chairman, and bought a 26.43 per cent stake at the cost of 900 million yuan (US$111 million). [newsphoto]
    Gu Chujun, the chairman of Beijing-based Greencool, as well as Guangdong Kelon Electrical Holdings Co, agreed to transfer Greencool's stake in Kelon to Hisense on Friday, the top manager disclosed.

    Despite corporate scandals, dubious dealings, plunging sales and millions reportedly embezzled, a number of investors lined up to take control of crisis-ridden Kelon, the renowned maker of refrigerators and air-conditioners.

    A dozen leading electrical appliance firms from home and abroad including Hisense, Midea and Electrolux have been queuing up to take over Kelon. Hisense finally won out.

    "It is really a good buy," said Dong Chen, an analyst with China Securities. "Its brand name and marketing channels are particularly attractive to potential buyers, especially in the electrical appliance industry, where competition is red-hot."

    More importantly, Kelon fell into dire straits not because of its product line or marketing skills but because of its controversial chairman, Gu Chujun, who was detained in early August on suspicion of economic scandals. Five of its senior executives are also being held.

    Dong says: "Kelon is a good company, but it chose a bad investor."

       上一頁(yè) 1 2 下一頁(yè)  



    Fire kills 5 in Northeast China
    Aerobatics show in Hunan
    Final rehearsal
      Today's Top News     Top China News
     

    Australia, US, Japan praise China for Asia engagement

     

       
     

    Banker: China doing its best on flexible yuan

     

       
     

    Hopes high for oil pipeline deal

     

       
     

    Possibilities of bird flu outbreaks reduced

     

       
     

    Milosevic buried after emotional farewell

     

       
     

    China considers trade contracts in India

     

       
      EU likely to impose tax on imports of Chinese shoes
       
      Bankers confident about future growth
       
      Curtain to be raised on Year of Russia
       
      Coal output set to reach record high of 2.5b tons
       
      WTO: China should reconsider currency plan
       
      China: Military buildup 'transparent'
       
     
      Go to Another Section  
     
     
      Story Tools  
       
    Manufacturers, Exporters, Wholesalers - Global trade starts here.
    Advertisement
             
    久久无码AV中文出轨人妻| 亚洲一本大道无码av天堂| 天堂AV无码AV一区二区三区| 久久AV无码精品人妻糸列| 久久亚洲AV永久无码精品| 亚洲中文字幕无码久久综合网| 亚洲av综合avav中文| HEYZO无码综合国产精品227| 伊人久久无码中文字幕| 日本精品久久久久中文字幕8| 国产亚洲精久久久久久无码AV | 成人免费无码H在线观看不卡 | 无码人妻精品一区二区三18禁| 天堂√在线中文资源网| 精品无码人妻一区二区三区不卡| 精品久久亚洲中文无码| 最近中文字幕高清字幕在线视频 | 无码毛片视频一区二区本码| www日韩中文字幕在线看| 国产成人一区二区三中文| 99无码人妻一区二区三区免费| 无码人妻久久一区二区三区| 精品日韩亚洲AV无码一区二区三区| 久久亚洲春色中文字幕久久久| 亚洲一级Av无码毛片久久精品| JLZZJLZZ亚洲乱熟无码| 精品无码一区二区三区亚洲桃色| 亚洲精品无码久久久久去q| 熟妇人妻系列aⅴ无码专区友真希| 中文字幕一二区| 台湾佬中文娱乐网22| 精品久久无码中文字幕| 日韩精品中文字幕无码一区| 中文字幕无码日韩专区| 亚洲av中文无码乱人伦在线播放| 人妻无码精品久久亚瑟影视| 国产精品成人无码久久久久久| 2024你懂的网站无码内射| 精品无码人妻久久久久久| 青春草无码精品视频在线观| 亚洲不卡无码av中文字幕|