Food Industry Stocks
Food Industry Stocks

For "foreign boss" Shuijingfang brand mention "file" can be accelerated – Diageo, Shuijingfang – Food Industry
Diageo foreign shareholders holding shares for Shuijingfang “put color.” 2, the company announced that it would be an indirect acquisition of Diageo’s news, shares opened or closed limit up. After many years in the planning, Diageo This time last “as your wish.” According to the news
2, due to acquisition of Diageo’s largest shareholder Quanxing Shuijingfang 4% of the shares which led the group to reach 53% stake, which indirectly controls 39.7% of the shares Shuijingfang. Reporter learned from Diageo side, DHHBV Ying Sheng investments held by the transferee Quanxing 4% equity purchase price of about 14 million pounds, about 140 million yuan. The transferee needs to present the agreement by the relevant departments of Chinese government approval. As a global leader in high-grade
Wine Group together a series of Diageo’s top Alcohol Brands, including Smirnoff (Smirnoff), JohnnieWalker (Johnnie Walker), Guinness (Guinness), Baileys (Bailey), Tanqueray (added benefit), Windsor (Windsor), Singleton (Sugden) and Ciroc (poetry Luo Ke) and so on.
Was concern that the accession Diageo Shuijingfang “Legion”, can speed up its high-end Spirit Market, “mentioned files” speed?
This, some analysts have pointed out that, as a series of top management Wine Class brand of high-grade wine group, Diageo’s control of the Shuijingfang more out of its global business, “the game” considerations.
Present, Diageo operates in 180 countries and regions, while the London Stock Exchange and the New York Stock Exchange. China Merchants Securities research report that Diageo liquor industry in China has long coveted, but because of their limited knowledge of Chinese liquor market, winning in liquor industry also is not easy. However, Diageo chief executive PaulWalsh said the Chinese market and China’s liquor industry have firm confidence in the future.
Orient Securities report said the incident affected mainly in two listed companies, including the use of foreign networks export Diageo Sell Shuijingfang products and R & D of new products suitable for night games. Currently exports mainly Shuijingfang Chinese gathered in the South-East Asia, exports are very limited. While the long term, Diageo’s holding will help the company high-end products in overseas market development.
Industry believes that upgrading the brand, high-end wine Shuijingfang as there is great room for development. At present, over 80% of income to rely on Shuijingfang brand, and in the third quarter of last year’s performance since the restoration of high-end liquor brands, the company’s foundation as the brand than Wuliangye First-line brands such as weak, the recovery line were lower than other liquor competitors. In foreign access control, and which might be combing through the strengthening of the market, increase Advertisement Inputs, consumer culture, etc. to enhance the brand. Analysts also transfer
Shuijingfang Wine Co., Ltd. Sichuan Quanxing 55% stake in Chengdu, Rui-Tong Industrial Co., Ltd. to the issue, making interpretation. Since the provisions of our national industry Rice wine And the famous wine production must be controlled by the Chinese side, the company owned by GSK Daqu for the old eight wines, listed in the restricted list, so the 55% stake in GSK wine can be sold to avoid the above policy, and Quanxing wine small contribution of industry to the company in 2009, only 3.5 million yuan in profits, not to the great influence the performance of listed companies.
In addition, Diageo has been triggered as a comprehensive tender offer obligation, DHHBV has the equivalent of 1.24 billion yuan (that is, the highest requirements of this tender offer for 20% of total funds) in U.S. dollars deposited in the designated Clearing Company Shanghai Branch account, as this performance bond tender offer. However, this risk directly after resumption of trading yesterday sealed Shuijingfang daily limit price 23.74 yuan, higher than the offer price of 21.45 yuan, and turnover of less than 2% of the day the market reaction, seems to have no need to worry too much.
Premier Foods (PFD)
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