China’s HNA has agreed to buy Ingram Micro, a US information technology company, for $6bn in the largest Chinese takeover of an American IT group.
California-based Ingram said it had agreed to be bought by Tianjin Tianhai, which is part of HNA, for $38.90 a share in an all-cash deal. The price represents a 31 per cent premium to Ingram’s closing price on Wednesday.
HNA’s purchase is the latest in a series of large overseas deals by Chinese companies.
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