Chinese Company HNA Buys Ingram Micro For $6 Billion ALL Cash

Author: John Honovich, Published on Feb 17, 2016

We take it back; All the things about Ingram Micro being a bunch of fools. They have totally redeemed themselves.

Faced with an increasingly damaged domestic economy, Chinese companies are loading up on debt and buying Western businesses in a wild gambit for growth.

Cashing Out

Ingram is literally cashing out on this (see their announcement and deal presentation). Not only is the Chinese company paying them $6 billion, it is nearly 40% more than their recent stock price. And Ingram's board and shareholders will have no risk of holding volatile Chinese shares, as the Chinese company is paying them all cash.

The Chinese company is paying $38.90 per share, which is far higher than Ingram's stock price since 1999 during the dot.com bubble. Quite a deal if you can get it.

Chinese Buyer - Aviation

An airline company, HNA, based in Hainan, China's most southern province, is the buyer. HNA boasts:

** **** ** ****; *** *** ****** ***** ****** ********** * ******* *****. **** **** ******* ******** **********.

***** **** ** ************ ******* ******** *******,******* ********* *** ******* ** ** ******* ****** ******* ********** ** * **** ****** *** ******.

Cashing ***

****** ** ********* ******* *** ** **** (*** ***** ******************* ************). *** **** ** *** ******* ******* ****** **** $* billion, ** ** ****** **% **** **** ***** ****** ***** price. *** ******'* ***** *** ************ **** **** ** **** of ******* ******** ******* ******, ** *** ******* ******* ** paying **** *** ****.

*** ******* ******* ** ****** $**.** *** *****, ***** ** far****** **** ******'* ***** ***** ***** ********** *** ***.*** ******. ***** * **** ** *** *** get **.

Chinese ***** - ********

** ******* *******, ***, ***** ** ******, *****'* **** ******** province, ** *** *****. *********:

[***************]

"*** ***** *** * ***** ** **** *** *********, ***** nearly *** ******** *** ************* ******, *** ** **** *** cities, *** **** ****** **.* ******* ********** ********."

**** ** ***'* *** ******** *****, ******* *** ****** ********** HNA's ******** *** ** ******:

**** **** ** ******** ******* **** ** ** **** ** IT ***********? *** *** * **********, ******* *******, **** **** are ****** ** ********* **** ******** ** ******* *********, ** they ********:

"******* ******* *** *** ********* **** * *********** ****** ******** company **** * ****** ******** ******** ******** *** ********, ******** on ********** ** ******** ****** ********, ****** ***** ********** *** management ***** ** ******** *** ********** ** *** ******** ********, as **** ** ********* ******* *** *** ******** ********."

** ******* ****** ***** **** ****** **** ** **** ****** / ******** ************, ******* *****'* **** ****** '*********' ** **** clear ************ ******* **** ****** ***** **** *** *** *** parent *******.

*** *** ****** * ****** ** ************* ********* **** *** past *** *****, **** ******** * ********* *******:

Government ******* *****

**************** ******* ********** ******* **** ** **** ** ******* ******:

"******* *******/*** ***** **** **** *** ****** ***** *** *** funds ** **** ********** **** *********. ******* *******/*** ***** *** **** ******* ************* **** * number ********* ***** *** ********* ************."

***, *******, ***** *** *** ** *** **********. ** ******, ***** *** ******* ** ** *******, ** too *** *********** ********** *********.

Bubble ****

********* *** ************** ** **** ******* ********* **** ****** ** powerful **** **** *** ***** ** *** ***** ***** ** takeover *** *****. ** ***** ****.

*** ************ ******* *******, *** ***** **** ** ***** ***** market, ********* ******** ** ******* ****** **** *****, ***** ** *** ***********, *** ******* **********'******** ******* ****** / ****, *** * **** ********* ***********.

"Weird ******* *****"

****** **** ************* ***** *** ****** ****** ******'* ***** *******, one ******* **** **** **** ** ********** **** ** *** deal: "***’* $* *** ****** *** *** ***** ******* *****." **** ** **** *** ******:

  • "** ****** * ***** ******* * ********* ****." ** ******* currency ***** ******* ******* *** ** ******* (***** **** **** but *** *** ****** **** *** ******), *** ** ******* that ****** ***** ********* ***** ** ***** **** ** ***.
  • "************ **** **** *** ******* ******* ** *** ******’* ******** is ******* ******." ** *** ***** ****, ** ** *** as ** ****** ***** *** **** ********** ******* ****** ******.
  • "*** **** ** ***** ********* *******. ** *** ******-***** ***** can ****** *** ** *** ******** ******* *** *****’* ***** into ******** ******* ** **** ***** ****** **** ******* ***********, which ** **** **** **** ** ****** ** **** ***** credit." ******, *** ******* ********** ** **** **** ** ***** of ******** **** ***** *** ******** ***** ** *** ******* by ****** ***** **********. ******* ****** ***** ****, ******* ** be ****.

Too **** ** **** **

***** *** ****'* **** ** ***** *********, *** *** ****** do **? ****** *** ***** ****** *** ******:

"*** ***** ********** **** *** ***** ******* ** ****** ***** shareholders ******** ****-****, ************ ***** ** *** ************ ** * substantial *******"

** ***** *****, *** ***** ******* *** *** **** ** pass **.

*** ***, ****** * ******, *** ******, ********** *** ****** business **** ****** ** * ******* ******* ** *** ***** business.

*** **** **** ****** ****? *** **** ** * **** win *** ****.

Comments (24)

*******'* ********* ****** **...

***, ***...

****** *** ***** ** **** *** *** ****** ***** ******** out ** ******* *********!

**** ** *** ****** ******** ***** ** **** * **** ever **** ** ****!

*** * *** **** ***** ** ******* **** *** *** a **** ****!

***** ***, *****!

"*** * *** **** ***** ** ******* **** *** *** a **** ****!"

***'* **** **** ** ***** ******* ****** ***...

*** ****** *********** ***** **$**.**. *** ***** *****, ***** *********'* ************, ****** *** ** still ~$**. ** **** ** **** *** $* *** ** from ********* ****** **** ******* **** *** **** **** ** through. ** ******, ***** *** ***** ***** ******'* **** *** the ***** / ** ******** ********.

** ** *** ** *** ******, *** ***** ** ******* to ***** **** ***** ***** ****** **** **** *** *** last $* *** *****.

...******* **** *** **** **** ** *******. ** ******, ***** are ***** ***** ******'* **** *** *** ***** / ** politics ********.

******. ******* *******.

*******:***** ***** > ******** *******

**** ?
**** **** ****** ** ******* ******* **** ** *** ****
****?

**, * ** ***** ***** **** **** ** ** *** what ** **** ** ****. *** **********.

**** ** **** ******** ** *** ** ** ********* ******* Wall? ;)

****'* ******* **** **** ******** ****.

*******?

******* ***** **** ** ****** *** ***** **** *********'* *********** expectations *** * ** *** **** **** *** ******* ***** want **** * ****** ************ **** ********* *****.

**** ** ****** **** ****** ** *** *******.

*** ** ****** **** ****** ** *** *******.
**** ** ****** **** ****** ** *** *******.

*** ***** ** ****...;)

******* **** ** ***** *** ****** *** *******

****** ** * $*** ****** ***** ******* **** * *** international *********. *** **** ******** **** $***. * ***'* ***** the **** ** ******** **** ****** ***** ** ********* ** HNA. **'* ******** *** ******** ********* *** **********. ***** ** makes **** ***** **** ** ******* ** *** *******. **** be *********** ** *** **** **** ******* ****.

********, ****** **** ~$** ******* ** ****** *******. *** ***** it **** ** *** *** ** ******* ******** ******* *** *******, ***** **** **** ******* *****.

*'* ***** **** ** **** *** *** ******** ******* ** going ** **** * ****** ** ****** * **% ******* on ** ** ***********. ****** **** ********, ****** *****!

***** ** ********* *** ******* ** ***** ******* **** *** holding ** *** **** **** ***** *** **** --***.

*** ****** ***** ** **:

*. *** ******* *** ********** ** **** ****** ** *** US, *** ****** ** ** ** ** *************** ** *** world. *********** ***, *************** **.

*. * ****** *** *** ** ********** ***** **** *********** with ****** ** *** *** & *** ********** ***** *** buying ********. **** **** ****** ****** ***** **** ***** ******** supplier ****? **** ***** ******* *********** ******, ********, **, ****, HP ***.

*******,

#* ** * **** ********. * ****** ****** **** ***** that ***** **** ** *** ******** ******* *** ** *** products **** ****, *** ****** **** **** ****** **** ** should *** ****** ****.

*** * ** *** ****. **** **** ***** ***** ********** ******* *** ******* ******** ********* ** ***** ****, ** ******* **** **** **** * ****** ** ******* to ****** ***** ** ******** ******.

*. *** ******* *** ********** ** **** ****** ** *** US, *** ****** ** ** ** ** *************** ** *** world. *********** ***, *************** **.

+*

** *** ***** ** ** * *** ** ****** *** any ********** ********, *** *** *** ***** *****. *** ****** they **** ***** ** **** *********** ** ****** ***** *** be **** ****** **** ****** * **** ********* *******.

** ***** ******* ** ****** *** **** ************* **** ******, logistics ** ******** **** ************* *********. ********,*** ***** *** ******** ********* **** **** ******** ** ***** into * ***** *** ***.

*** ****** ******* ** **** **** ***.

** *** ******* ******* *** **** ** ******* ******* **** a **** ******* ********/******** *******, *** ** **** *************. **** can ** **** ** ***, ********* ** **** **********.

$$ ***-*****-*** $$

**** * ***** ***** **, *** * *** ************* ** think *** ******** ** ******** **** ****/*** ***** ** *** Chinese ************ **** *** ******** *** ******** *** **. *** instance, ***** **'*... ****** **** ******* *** ***** **?

*** ******** **** "* *** *", ** *****, *** ******** owned ** ********** ** ****.

*** ** ***** *** ****** ***** **** **** ****** *** sickle ** **, **** *** ******* ** ******* **** ******* companies?
*****://**.*********.***/****/************************

*** **** ** *** *** *** **** ***** ** **, no ****** *** ******: *****://**.*********.***/****/*************

******* **************, *** "*** ****** ** *** ***** ******* ******** **** ********* ******** for $*.* ******* ** ****"

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