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Dabao such as going to marry on a grand scale, and on the possible lifting of martial law Langjun seal the mouth of the bride’s really not much.
3 on Beijing Equity Exchange, Dabao listed for sale notice quietly removed, according to the announcement showed that within one month of the listing application has not found buyers, will be extended for a week, which concluded that a purchaser is willing to take 2.3 billion The company took over the price of 100% of the shares. However, large company and the North are paid by a closely-guarded secret.
large Squibb WANG Wen-bing, director of the Office that the process for the time being can not be released. North, said after the settlement of the matter should be left to big company to decide, The next step is to further discuss the conditions. Large company-owned Industrial District of Beijing has also asked that the specific processes or large company itself.
intention to get married early to show the big reasons for the delay Wei Jia Bao, the industry said, as a national brand name Bao, is a welfare enterprise, in his capacity as special, they should naturally be more cautious.
mysterious buyer
In recent years, sales have been maintained at about 800,000,000 yuan Dabao out a transfer price of 2.3 billion.
based on the terms and conditions proposed by Bao has basically been locked in foreign capital. However, Johnson & Johnson is considered the most likely buyer.
experts in the industry, the development of its 2.3 billion acquisition of the reserve price, the acquisition will directly point to the direction of the foreign-funded enterprises — because even the local daily chemical enterprises such as Shanghai Jahwa leading enterprises, one-year sales of up to 1.9 billion Yuan, also is unable to sell a 2.3 billion.
and Dabao also provides that the intention of the transferee must submit a one registered in the territory of the People’s Republic of the registered capital reached more than 20,000,000,000 yuan, or commercial banks or the head office of the provincial branch of the amount of guarantee issued by Guapai Jia The bank guarantees. It is clear that such a bank guarantee in the short term is very difficult to run down.
this year on March 14, the president of Unilever Greater China Braeken in an interview with Reuters that the company may acquire Dabao, as China’s market growth strategy. In China, Unilever is aiming to acquire 3-4, is one of the Dabao. Since then, but
news show, Unilever 26 to the north Exchange submitted a formal application, but subject to submission of certain provisions of the materials may not meet the requirements of the seller. Another possible buyer is Avon did not submit an application.
and Johnson & Johnson and Dabao is far from deep. Tai Po and Johnson & Johnson in recent years has been in talks to buy things, in the first half of last year to reach even the intention to form a joint venture. Since then, conditions have not been revealed because of Tanlong up.
This time, however, Johnson was not firmly denied, Johnson & Johnson, director of public relations Yan He stressed that only no comment on the matter. last year’s no , virtually back to reveal a number of possibilities.
no matter from which point of view, Dabao to attract foreign investment should be a good acquisition target. Excellent local brand name recognition and reputation are very good, and a sizeable market share.
across the country have 350 shopping centers and more than 3,000 special counter in the supermarket.
lure more equity structure is simple, 100% sale as a whole, which compared with the previous assertion to 51%, no doubt wholly-owned 100% is becoming a trend.
married when
Dabao is to buy sooner or later. Dabao the sale price is based on the Beijing Huarong Asset building firm to assess the value of the assessment of the development, and Jian Hua-Rong Bao large assets on the basis of the assessment is February 28, 2006.
This means that the year before bao great to have been married in preparation. The successful conclusion of the listing, it means that there is the intention of the buyers have emerged.
However, according to the North to pay the person in charge, the two sides to negotiate if there is no consensus, there is once again listed Bao possible. It is clear that the conditions for married Bao Bao become the key to success in marriage. State Federation of Industry and Commerce
Beauty Cosmetics Chamber of Commerce Assistant PAN Xiao-ming 2.3 billion that the price should be more reasonable to retain Dabao brand is not a problem.
listed a specific demand, but buyers still make an application, showing that this is an acceptable condition. Although relatively small nurses 200,000,000 dollars higher, but Dabao intangible assets such as brands and access valuable, and worthy of continued investment.
caused by failed marriage and the reasons for the delay is likely to be attributed to large enterprises Bao special.
Dabao is a welfare enterprise, there are a certain number of employees for people with disabilities, currently attached to the District Beijing Industry Corporation, the company shares from three open factory in Beijing and Beijing Dabao Cosmetics Co., Ltd. Employee Stock Ownership will be held for 100% The state-owned enterprises.
Dabao employees preferential treatment in the system is an example. Dabao’s disabled workers from the 1990 average wage of more than 300 yuan, to rise in 2003 of more than 2600 yuan, while the large company vice president Liu Jun is no longer with the Po grew up with a deaf. As early as last year
Dabao there is a joint venture with Johnson & Johnson’s intentions, the Beijing Municipal Education and Employment Office of the Director of the CDPF has WANG Guo-feng said Dabao for both sides put forward by the joint venture is an unconditional prerequisite for resettlement of disabled employees.
in accordance with relevant laws, welfare-employer arrangements must be in accordance with the proportion of persons with disabilities in employment, or to pay people with job security deposit. Some units from the cost-effective accounting, still choose to pay people with job security deposit.
and Dabao sale, is likely to change the identity of the welfare business. However, under the policy, the resettlement of disabled employees must be properly addressed. This is likely to be conditions on both sides of the dispute.