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Alcatel mobile phone to marry Nanjing Panda-
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Alcatel mobile phone to marry Nanjing Panda?
Since February of this year, Nanjing Panda 600775 shares in the secondary market surges or falls, as the company wishes to acquire France’s Alcatel mobile phone unit, like rumors, confusing, uncertain.
However, complicated cases would then gradually become clear. Recently, some foreign media reported that Nanjing Panda trying to use about 2.5 billion euros in one fell swoop would be a subsidiary of Alcatel’s mobile phone all the win, after completion of the acquisition of Nanjing Panda Alcatel may hold about 20% stake in Another possible approach is common to form a joint venture.
In this regard, Alcatel China Investment Co., Ltd. Public Relations Ms Fung said: ‘At present the company has not yet received from the superiors of any notification on the matter. ‘Panda electronics is also avoided.
However, from the recent strategic realignment Alcatel frequently shot on the point of view, the sale of the current crisis really be called ‘an atmosphere of air over F’.
Alcatel: China’s strategy has changed
Alcatel was among the first multinationals recognize the importance of one of the Chinese market.
As early as in 1984, Alcatel’s first joint venture - Shanghai Bell Co., Ltd. was formally established. In 1994, Alcatel to form Alcatel China Co., Ltd., is responsible for coordination and support its business activities in China. In early 2000, Alcatel will be its Asia Pacific headquarters to Shanghai, became the first Asia-Pacific headquarters will be located in China’s international telecommunications company.
In October 2001, Alcatel will be the main business in China, including most of the joint venture with Shanghai Bell merger, the establishment of China’s first shareholding communications companies - Alcatel Shanghai Bell. In May 2002, the company was formally established.
From the beginning, Alcatel Shanghai Bell has been in a foreign-funded enterprises, joint ventures, instituti
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