Abstract

Since the implementation of economic reforms and opening up, the electricity industry has experienced remarkable growth, capturing an increasingly larger market share on the global stage. In response to this trend, the Chinese government has introduced numerous policies to encourage and support the industry's development. Concurrently, enterprises are recognizing the significance of cross-border cooperation as a means to foster their own progress and gain entry into international markets. Against this backdrop, Qingdao Haier, a telecommunications company, has embarked on several cross-border mergers, achieving notable successes. This article focuses on Qingdao Haier's acquisition of the Italian company Candy, using it as a case study to delve into the background, motivations, and outcomes of mergers and acquisitions between the two entities. By doing so, this study aims to offer valuable insights and inspiration to other Chinese companies seeking to expand their global presence.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.