Suning To Buy 27.36% Shares Of Japan’s Laox
Source: http://www.chinaretailnews.com/2009/07/01/2784-suning-to-buy-2736-shares-of-japans-laox/Posted on Tuesday, June 30th, 2009 | In China, Hong Kong, Japan, Market Commentary
Contributed by: China Retail News (http://ChinaRetailNews.com) -
Chinese electronics retailer Suning has confirmed that the company will buy 66.67 million shares from the Japanese electronics retailer Laox at a price of JPY12 per share.
This is the first time that a Chinese company will acquire a Japanese listed company and it is the first time for a Chinese home appliances chain to enter [...]
Last 5 posts by China Retail News
- Xinyu Hengdeli To Open 30 New Stores In Greater China In 2010 - November 25th, 2009
- China Unicom Opens iPhone Store On Taobao.com - November 24th, 2009
- Giordano Revenues Down 12.6% In First Three Quarters Of 2009 - November 23rd, 2009
- Burberry To Accelerate Expansion In China - November 22nd, 2009
- Japan's Shiseido Eyes 20% Growth In China - November 19th, 2009
Tags for this Post:
China, electronics retailer, Hong Kong, Japan, Japan, Jpy, Laox, Market Commentary, Suning, The Macro Trader
China, electronics retailer, Hong Kong, Japan, Japan, Jpy, Laox, Market Commentary, Suning, The Macro Trader
 About China Retail News (http://ChinaRetailNews.com)
China's a big place, and the large amount of information it takes to run a successful retail business in the Middle Kingdom just can't be processed by mortal souls. With what potential partners should you work? How can you hire staff? What do you do when someone in your business is caught doing something illegal? How can you gain favor by helping to support charities and socially responsible organizations in China? How can you best enable your staff to tackle the global challenges of running a multinational business? What are the latest retail sector laws in China? ChinaRetailNews.com provides news and information devoted to helping retail professionals in all sectors act on new trends and forge new paths of their own. We troll press releases, commentaries, and indices to bring you the sort of information you need to conduct business in Beijing, Shanghai, Guangzhou or out in China's hinterlands. In April 2007, ChinaFranchiser.com merged with ChinaRetailNews.com to provide even more targeted daily news covering all of China's different retail and franchise sectors. ChinaRetailNews.com is an online publication of BDL Media Ltd, a company operating in China for nearly a decade. |
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.