Crazy Chinese Company To Buy 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****** **** ******'* ***** ***** ***** ********** *** ***.*** ******. ***** * **** ** *** *** *** **.

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

** ******* *******, ***, ***** ** ******, *****'* **** ******** ********, is *** *****. *********:

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

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

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

**** **** ** ******** ******* **** ** ** **** ** IT ***********? *** *** * **********, ******* *******, **** **** *** ****** ** ********* **** ******** ** ******* logistics, ** **** ********:

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

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

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

Government Funding *****

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

"******* *******/*** ***** **** **** *** ****** ***** *** *** funds ** **** ********** **** *********. ******* *******/*** ***** *** **** ******* ************* **** * ****** of******* ***** *** ********* ************."

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

Bubble ****

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

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

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

****** **** ************* ***** *** ****** ****** ******'* ***** *******, *** Reuters **** **** **** ** ********** **** ** *** ****: "***’* $* *** ****** *** *** ***** ******* *****." **** ** **** *** ******:

  • "** ****** * ***** ******* * ********* ****." ** ******* ******** falls ******* ******* *** ** ******* (***** **** **** *** the *** ****** **** *** ******), *** ** ******* **** Ingram ***** ********* ***** ** ***** **** ** ***.
  • "************ **** **** *** ******* ******* ** *** ******’* ******** is ******* ******." ** *** ***** ****, ** ** *** as ** ****** ***** *** **** ********** ******* ****** ******.
  • "*** **** ** ***** ********* *******. ** *** ******-***** ***** can ****** *** ** *** ******** ******* *** *****’* ***** into ******** ******* ** **** ***** ****** **** ******* ***********, which ** **** **** **** ** ****** ** **** ***** credit." ******, *** ******* ********** ** **** **** ** ***** of ******** **** ***** *** ******** ***** ** *** ******* by ****** ***** **********. ******* ****** ***** ****, ******* ** be ****.

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

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

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

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

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

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

Comments (24)

Joe Summanen

02/18/16 01:44am

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

John Honovich

IPVM | In reply to Joe Summanen | 02/18/16 01:46am

***, ***...

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

Undisclosed #1

02/18/16 01:46am

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

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

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

John Honovich

IPVM | In reply to Undisclosed #1 | 02/18/16 05:21pm

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

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

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

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

Undisclosed #1

In reply to John Honovich | 02/18/16 05:31pm

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

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

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

Undisclosed #2

02/18/16 02:03am

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

John Honovich

IPVM | In reply to Undisclosed #2 | 02/18/16 02:08am

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

Undisclosed #1

In reply to John Honovich | 02/18/16 02:21am

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

Steve Mitchell

In reply to John Honovich | 02/18/16 06:08pm

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

Undisclosed Manufacturer #3

02/18/16 02:07am

*******?

John Honovich

IPVM | In reply to Undisclosed Manufacturer #3 | 02/18/16 02:10am

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

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

Undisclosed #1

In reply to John Honovich | 02/18/16 02:25am
*** ** ****** **** ****** ** *** *******.
**** ** ****** **** ****** ** *** *******.

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

Undisclosed Manufacturer #4

02/18/16 02:15am
******* **** ** ***** *** ****** *** *******

Undisclosed Distributor #5

02/18/16 02:53pm

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

John Honovich

IPVM | In reply to Undisclosed Distributor #5 | 02/18/16 02:59pm

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

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

Patrick Heenan

IPVMU Certified | 02/18/16 03:11pm

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

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

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

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

John Honovich

IPVM | In reply to Patrick Heenan | 02/18/16 05:12pm

*******,

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

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

Undisclosed Manufacturer #6

In reply to Patrick Heenan | 02/19/16 05:47am

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

+*

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

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

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

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

Undisclosed #1

02/18/16 05:05pm

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

Undisclosed Integrator #7

02/19/16 08:36pm

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

Andrew Thomas

02/21/16 11:16pm

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

Undisclosed Integrator #8

03/29/16 05:19pm

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

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

Undisclosed #1

In reply to Undisclosed Integrator #8 | 03/29/16 05:31pm

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

John Honovich

IPVM | 04/11/16 10:33am

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

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