The Recycler
  • Biuromax Masthead web banner March 2024
  • Ambiente 2025 Masthead
  • Katun web banner December 2022 NEW
  • G&G Masthead August 2024

Ingram Micro seeks new ownership

January 3, 2019

Ingram Micro could be spending 2019 in new hands, as its parent company, HNA Group, engages in preliminary talks focused on selling the technology distributor.

As COMPUTERWORLDHK reports, HNA Technology has “confirmed discussions were underway with an interested party”, none other than Apollo Global management LLC.

Ingram Micro’s price tag is purported to be $7.5 billion (€6.6 billion).

“Due to changes in market conditions and the company’s strategy, the company is in talks with a concerned party on selling Ingram Micro,” the company stated.

Ingram Micro was purchased by HNA back in 2016 for a sum of $6 billion (€5.2 billion). In September 2018, HNA Technology “claimed to hold $3.5 billion (€3 billion) of outstanding debt from the purchase of Ingram Micro, of which $350 million (€308.3 million) was due for payment this year.”

Categories : City News

Tags : Acquisitions HNA Group HNA Technology Ingram Micro Sellling

  • Static Control June 2022 Big & Bold Ad
  • Biuromax web banner July 2024
  • Cartridge Web Nov Web Banner
  • TN Core Nov Web advert
  • GM Technology October 2024
  • Apex September 2024 Web ad
  • G&G web advert October 2024
  • Ink Tank No Web advert
  • IR Italiana Web ad January 2021
  • Denner Feb 2024 Web Ad
  • HYB Web banner Jan 2024
  • CET Web ad December 2023
  • denner UK Web Banner Jul 2024
  • Zhono Web ad March 2024
  • ITP Web ad January 2021
  • Mito Web banner June 2024
  • PCL Nov Web advert
  • Zhono Web ad March 2024
  • HYB Web banner Jan 2024
  • PCL Nov Web advert
  • CET Web ad December 2023
  • Mito Web banner June 2024
  • denner UK Web Banner Jul 2024
  • Denner Feb 2024 Web Ad
  • ITP Web ad January 2021
  • HYB Web banner Jan 2024
  • ITP Web ad January 2021
  • Zhono Web ad March 2024
  • CET Web ad December 2023
  • Denner Feb 2024 Web Ad
  • Mito Web banner June 2024
  • denner UK Web Banner Jul 2024
  • PCL Nov Web advert

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2023 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark