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MarketScreener Homepage  >  Commodities  >  Platinum       XC0009665545

PLATINUM

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Platinum Equity in talks to acquire HNA's Ingram for $7 bln- Bloomberg News

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08/21/2020 | 11:38am EDT

Aug 21 (Reuters) - U.S. private equity firm Platinum Equity is in talks to acquire Chinese aviation and shipping conglomerate HNA Group's electronics distributor, Ingram Micro Inc, in a deal valued at about $7 billion, Bloomberg News reported on Friday.

The talks are currently ongoing and could still fall apart, the report said, citing people familiar with the matter.

Ingram and Platinum Equity did not immediately respond to Reuters requests for comment. (Reporting by Akanksha Rana in Bengaluru; Editing by Shinjini Ganguli)


Stocks mentioned in the article
ChangeLast1st jan.
PLATINUM 0.76% 881.771 Delayed Quote.-11.00%
THE PLATINUM GROUP PUBLIC COMPANY LIMITED -0.98% 2.02 End-of-day quote.-50.49%
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