Yimin Han Technology Tencent
online travel industry to maintain a short period of calm for nearly a year, may be about to be broken by the merger of the capital level and the business level of the fierce confrontation broke.
a week ago, Ctrip announced that it will open, private sales of shares and convertible bonds, to raise about $2 billion of funds to support investment and mergers and acquisitions.
Ctrip overwhelmed by the positive market fund-raising, not long ago the United States flag wine business group tour group comments came off the news sparked on the speculation will be merged with ctrip.
, however, in the face of speculation, the United States Mission reviews wine brigade group president Chen Liang and Ctrip large accommodation group CEO has denied the Tencent technology merger rumors.
but raising a pond by Ctrip, and therefore did not calm down. The use of capital means and holding $2 billion in cash Ctrip, who is targeting the prey, affecting the industry sensitive nerves.
at the same time, the way cattle in the previously announced $150 million stock repurchase program, about whether it plans to privatize the return of A shares market speculation ensued.
on the other hand, the progress of the parties in the capital market negotiations are constantly changing, between Ctrip, the way cattle, beauty group and even the same way other companies still have a variety of possible mergers and acquisitions. If you take into account the huge loss of tourism industry situation, similar to the new merger of the travel market integration will be inevitable.
Ctrip exclusion method
Beauty Group reviews, the way cattle, the same way have been speculated to be Ctrip acquisitions, but this speculation with James Liang’s position becomes whirling.
this week, the chairman of the board of directors of Ctrip and CEO Liang Jianzhang for the first time in a foreign response, said: Ctrip investment enterprises, will be profit oriented." And stressed that the market rumors Ctrip will acquire the U.S. mission Hotel, does not meet the current situation, the United States has been profitable Hotel Group argument, in fact, is a false proposition."
‘s statements, the short term, and the U.S. has no comment on Ctrip merger may, at the same time, "profit oriented" investment strategy, also means that there are still at a loss in the way cattle do not Ctrip acquisition target list.
but the acquisition of Ctrip’s goal is not for fund-raising purposes, are untraceable, Ctrip announcement explained that: business organic growth in complementary business to facilitate investment and mergers and acquisitions, and other general corporate purposes.
and Sun Maohua in response to rumors of mergers and acquisitions of Tencent technology has said, from the perspective of the future layout, Ctrip will be determined to strengthen investment in the low star market." At the same time, Liang Jianzhang position, from the current situation, the hotel chain has now been from the u.s..
low star hotel market is the main competition for the Department of Ctrip and the United States