HNA seals $6b deal for Ingram Micro
By Wang Ying in Shanghai | China Daily | Updated: 2016-12-07 07:28
China's aviation and shipping conglomerate HNA Group closed a $6 billion acquisition of the world's top IT products distributor Ingram Micro Inc on Tuesday.
In a regulatory filing on Tuesday, New York-listed Ingram Micro said that the deal was completed.
After the transaction, Ingram Micro will be delisted from the New York Stock Exchange and become the largest member enterprise of HNA in terms of revenue.
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