Acquisition Of Or Between Chinese And Japanese Companies Was Acquired

The merger between China and Japan presents a new situation of "you have me and I have you".

In July 29, 2010, Japan's RENOWN company held a provisional shareholders' meeting in Tokyo, decided to issue shares to Shandong Ruyi technology group, and accepted three Chinese directors to make Shandong.

RENOWN will issue an additional 4 billion yen (310 million yuan) stake to Shandong Ruyi technology group. Shandong Ruyi will hold 41.18% and become the largest shareholder, thus having an absolute right to speak for RENOWN's management policy.

In addition, the two companies plan to set up a joint venture in Beijing.

As a clothing company with many brands, RENOWN was founded in 1902 and is a well-known Japanese listed company. Its performance has been poor in recent years due to the impact of Japan's economic downturn.

Qiu Yafu, chairman of Shandong Ruyi group, said in an interview with reporters that Ruyi group has acquired an advanced brand enterprise in Europe, and has such a brand partner in Japan. In addition, China's huge market and satisfactory manufacturing technology can be described as four in one, which will speed up the strategic pformation of enterprises.

According to the September economic news of Japan, ITO will invest $200 million to buy 30% stake in Shandong Ruyi technology group and become the second largest shareholder of the company in order to expand its high-end clothing sales in China in September 2011.

Because Shandong Ruyi is the largest shareholder of Japanese clothing company RENOWN (holding 41%), Itochu and RENOWN may jointly develop the Chinese market in the future.

Through the acquisition, Itochu will further

At this point, China and Japan's textile and garment enterprises have presented the form of "you have me, I have you".

At the same time, Chinese companies are also buying Japanese companies faster than ever, causing worries around the "fort like" Japan and creating opportunities.

Compared with the United States and Europe, China has become a more attractive market.

If a Chinese company can help the Japanese sell products to the richer Chinese people, it will be more acceptable for foreigners to own the ownership of the enterprises.

Of course, Chinese enterprises are facing equal resistance or even greater resistance elsewhere.

Nevertheless, the political climate of Sino Japanese investment has been warmer in recent years.

China is Japan's largest trading partner, and the Democratic Party of Japan, who came to power last September, has been keen to improve tensions between the two countries.

This means that Japan must overcome the deep fear of foreign acquisitions.

Many operators will not consider selling assets unless they have no choice.

In several acquisitions, credit or private Holdings Company have helped to bring about a deal.

Not only are Chinese companies facing boycott when they enter the Japanese market, almost all foreign companies have a lot of trouble to get and occupy a place in the Japanese market, so the Japanese market also has a nickname of "fortress".

As long as the paction is economic, Chinese operators do not seem to care about where companies are buying.

Banfield Banfield, head of Asia Pacific mergers and acquisitions in Citigroup, said that Chinese companies are very interested in Japan and have strong recognition and admiration for the basic quality of Japanese companies, especially the leading technology in the production of Colin.

But Chinese companies are also realistic about investment barriers.

While discussing Japan's investment opportunities in Tokyo with Japanese companies, Banfield said that although China's geographical location is near Japan, Chinese companies now have more hot money and are more willing to invest than others. However, in the words of the Wall Street journal, "but Chinese companies will not fool themselves."