This year, the domestic football atmosphere was high, so many companies bought teams from major foreign leagues. The most famous one is that you saw Shuangxiong (AC Milan, Inter Milan) being acquired. AC Milan was acquired by China Europe Sports, and Inter Milan was acquired by Zhang Suning Group. These two acquisitions shocked the world, and people all over the world said that China Capital wanted to acquire the global rhythm. Other acquired teams include Aston Villa, Espanyol, Granada, Newcastle Jets, West Brom and so on. That sounds horrific.
In addition to the acquisition of football clubs, many companies from all walks of life have also been acquired by domestic enterprises, including Geely's acquisition of Volvo, Wanda Group's acquisition of AMC cinema and Legendary Pictures, the largest chain cinema in the United States, Tencent's acquisition of the controlling stake in Riot Games, the developer of League of Legends, Lenovo's acquisition of Motorola, the leading mobile phone brand, and Haier's acquisition of General Electric in the United States.
And domestic enterprises acquire foreign enterprises step by step, forming the same acquisition tide as Japan in the 1980s. This wave of acquisitions reflects that China is encouraging China enterprises to go overseas, gain technology and market share through overseas acquisitions, and then occupy a leading position in the global economy.
There are many acquisition cases:
1.TCL acquired Alcatel.
2. BenQ's acquisition of Siemens
3. Daphne and Pearl
4. Li Ning and Lotto
5. Aokang buys Wanliweide
6. Haier acquired Sanyo
7. CNOOC acquired Nixon Oil Company.
8. Hon Hai buys Sharp
9. Lenovo acquired IBM's PC business.
10. Sany Heavy Industry acquired Putzmeister, Germany.