Retail Industry Faces Mergers And Acquisitions Craze

Reporters noted that since the beginning of this year, mergers and acquisitions in the commercial department stores have been over the wave. 32 retailers have completed the acquisition this year, involving 23 billion 324 million yuan, and 63 are still in an unfinished state involving 55 billion 645 million yuan.

Among them, Nanjing's new 100 billion stake in Highland Group89%, the oldest British department store in 1 billion 562 million yuan, ranks first in the current paction, which is the largest acquisition of foreign direct listed retail companies in the history of A shares in China.

In addition, the A share market, such as Cui Wei shares, Hangzhou Jie Bai, Nanjing new hundred, Yonghui supermarket, and the newly reorganized Kunming A and Xi'an people's livelihood, are still in the suspension of ZTE commerce, Guangzhou friendship and so on, all involve asset reorganization.

It is worth mentioning that ZTE commercial has recently been repeatedly promoted as the mountain venture and the big business department.

After a 4 degree placards, the stock market has reached 20% of the shares. The big business group has expressed its strategic investment for the integration and upgrading of Liaoning's commercial resources to form economies of scale. At the same time, it does not rule out that it will continue to increase its holdings in the next 12 months.

Nanjing Xin Bai announced in August 19th this year that the company acquired the British centenary House of Fraser (Fraser) with a 1 billion 560 million yuan consideration, which has been approved by the SFC.

This is the largest overseas acquisition of Listed Companies in the A share market, and it is also the largest overseas investment by Chinese enterprises in the history of retail industry.

Guotai Junan believes that the acquisition is expected to enhance synergy between the two sides in many ways.

HOF has its own buyer team.

At the same time, its rich private brand, purchasing brand and special brand resources will help enhance the difference and price control of domestic department stores, and also help to introduce other best-selling brands abroad with the help of HOF platform.

In addition, HOF has expanded rapidly through all channels, accounting for more than 10% of the total online share.

The people's livelihood of Xi'an is also a company that involves a larger amount of mergers and acquisitions in the announcement.

In September 26th, the people's livelihood of Xi'an released a reorganization plan, which was priced at 1 billion 103 million yuan and 760 million yuan respectively in the way of issuing shares and paying cash. It bought 67.59% of the controlling shareholder's Hsing yuan shopping center held by Hainan Airlines and the property of the street in Mulam City, Xing Zheng Yuan.

After the completion of the paction, Xi'an's people's livelihood will be held by Xing Zhengyuan.

100%, to solve the competition problem of Xing Zheng Yuan shopping center.

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In the process of the Zhongbai group, CITIC Securities analysis pointed out that under the tide of SOE reform, Yonghui supermarket may further increase its holdings to participate in China's 100 operations through mixed ownership, and the two will play a strong synergy in terms of procurement scale and regional layout.

According to analysts, mergers and acquisitions in China's retail industry will become a trend in the next few years. The merger and reorganization of traditional retail enterprises, integration of online and offline businesses, and restructuring of local and foreign capital are all likely to become hot spots. With the advance of SOEs reform and mergers and acquisitions among enterprises, market concentration will also be significantly improved, which will profoundly affect the overall competitive situation of China's retail market.