Rongshida buyers behind the scenes.docVIP

 PAGE \* MERGEFORMAT 8 Rongshida buyers behind the scenes According to ‘Guangdong-Hong Kong Information Daily’ recently reported that the French company named Elco Brandt S. A, and the U.S. Maytag company has signed a memorandum of agreement to take over its joint venture in Hefei Rongshida Maytag company holds 50.5% stake, but also with the Rongshida Group Co., Ltd. Also signed a memorandum of understanding, to seek Rongshida Group in the joint venture company 25% of the shares. ‘The contract was signed on June 26’, the afternoon of July 3, Rongshida within the group of employees who requested anonymity confirmed the incident to reporters, she also said, ‘the purchaser is the United States introduced over the ‘. Rongshida Group Chairman Chou Xudong told reporters, ‘less than that time can say, we will contact you in the first time’. Behind the scenes Buyer It is reported that the total acquisition value of 20 million to 30 million U.S. dollars, and eventually the price will depend on Rongshida with Maytag and the outcome of the negotiations and other relevant legal and regulatory conditions. Rongshida of the interview was not optimistic about the deal in-house staff. She said that France Elco BrandtS. A company is a stranger to foreign companies, its brand in China is not as white among Siemens, Electrolux, like, so that consumers are familiar with and accepted; the same time, the value of the brand Rongshida room for quite limited. However, she admitted that if foreign investors come into the plant as an export base, that is another matter. Long been concerned about domestic appliance industry momentum for the pal, senior director of consulting Luo Kai said: ‘selling is a good thing, Chou Xudong most important thing is to sell power Rongshida, only to sell state-owned shares can change the original structure, in order to make things Rong up to have access to new possibilities. ‘He also worried that,’ if only for the shareholder’s name, has not changed t