Rongshida joint venture acquisition of the United States behind the attempt to.docVIP

 PAGE \* MERGEFORMAT 4 Rongshida joint venture acquisition of the United States behind the attempt to Recently, Hefei Hefei Rongshida Group Property Rights Exchange Center issued a public notice that will be bundled with the transfer of their respective affiliates of all six of the 25% stake in Hefei Industrial Investment Holding Co., Ltd. held by Hefei Rongshida Washing Machine Co., Ltd. 25% of the shares will also be the transfer of 142 million reserve price. There is no suspense, this is a beautiful tailor-made a sale, listing is only a statement to hoodwink the people, or in line with the game too, which were a means of technical operations. A joint venture for more than six year Rongshida Group’s joint venture with the U.S. Maytag joint venture, due to poor management joint venture, long-term losses, Maytag was later withdrawn by the United States and the Group in November 2004 acquisition of access plate 51% of the shares of the United States. This capital increase after the acquisition to 75% of the joint venture shares. Clearly, the beauty and unwilling to quit, has been trying to acquire a wholly-owned joint venture company’s shares will be kicked out of Rongshida Group, Bureau of. Rongshida Group for many years, but most of the assets belong to the core of Sino-US joint venture, other industrial companies have not formed plate and climate. Despite the recent approach has been to brand licensing, peripherals, and personal or company formed a number of companies, but also Qilingbaluo whole is not doing well, but simply can not control Rongshida group level, only brand authorized by the meager licensing fees only. Obviously, Rongshida do not want to completely control from the United States get out of the joint venture company. Thus the two sides produced a game. However, the current America’s influence in Hefei has been far beyond the control of force Rongshida Group, both in the government side or the degree of economic contribution, and even inves