Category: Haier

Top Chinese appliance maker Haier and private equity giants Bain and Blackstone have bid $1.28 billion for Maytag Corp., trumping Ripplewood’s offer for the ailing U.S. corporation.

Haier Group, China’s largest home appliance maker, said it was still undecided about making a bid for Maytag Corp. as the deadline to lodge an offer loomed.

Chinese home appliance maker Haier Group is considering making a bid for Maytag Corp, the struggling U.S. appliance group that last month agreed to be taken private by Ripplewood Holdings in a 2.1 bln usd deal, the Financial Times reported.

Chinese home appliance giant Haier Group is to transfer its white goods business to its Hong Kong-listed mobile phone maker and make that its flagship unit to increase its fundraising ability, the South China Morning Post reported.

Fridge and dishwasher maker Haier says it will make Fisher & Paykel’s exclusive dealer arrangement a key issue in New Zealand’s upcoming free-trade talks with China. Haier China bought distribution company Black Diamond Holdings’ 46 per cent stake in joint venture company Haier Appliances New…

The listed arm of Chinese appliance maker Haier posted a 12-percent rise in fourth-quarter net earnings, even as fierce competition, soaring raw material costs, and a cut in export tax rebates ate into full-year profit.

According to the 2004 Chinese Inverter-controlled Refrigerator Market Data Analysis Report published, the market share of inverter-controlled refrigerators continues to increase, marking the coming of an inverter-controlled era. Haier, a leader in the domestic electrical household appliances indu…

Haier Group Co., China’s largest home appliance maker, opened a factory in Jordan on March 2 to provide more tailor-made products to the Middle Eastern market, the Xinhua news agency reported.

Chinese appliance-maker Haier Group Inc. is targeting a 60-percent growth in revenue this year and a 26-percent net profit increase, Chief Executive Zhang Ruimin told German daily newspaper Sueddeutsche Zeitung. Mr. Ruimin also said Haier is in talks with several countries in Eastern Europe about…

HAIER-CCT HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) (Stock Code: 1169) POSSIBLE ASSET INJECTION BY THE HAIER GROUP INVOLVING AN ACQUISITION OF THE WASHING MACHINE BUSINESS AND PROPOSED EXERCISE OF THE CALL OPTION VERY SUBSTANTIAL ACQUISITION REVERSE TAKEOVER AND CONNECTED …