The perfect world to buy grand games shares grand will continue to streamline

Source: Internet
Author: User
Keywords Grand games Perfect World shares

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Yang Guang Network Technology April 22 News, the Chinese online games developers Perfect world to 100 million of dollars from Shanda Interactive Entertainment Co., Ltd. Hands to acquire 30.33 million common shares of grand games. The 30.33 million common shares accounted for about 5.6% of Shanda's total equity, and the purchase price per share of about $3.298 (ads per share of about $6.6) will be paid in cash and the acquisition is expected to be completed within 30 days (on the premise of satisfying the usual delivery conditions).

At the same time, the perfect World also signed a subsidiary agreement to join the Grand Network and the Spring Capital group of the associated Fund Primavera Cayman Fund I L.P signed a consortium agreement on January 27, 2014. The perfect world will participate as a new member of the Consortium's takeover Coalition, participating in a proposed "privatisation" deal on Shanda.

Yang-wide network technology on the perfect world to buy a grand game shares an interview with Analysys International analyst Shi Yong.

Analysts say strong alliances

Analysys International analyst Shi Yong to the central wide net technology, said that the perfect world to buy shares of the grand game is normal, the current grand game is in the privatization process, and the main business of the end of the trip in decline. He also said the 100 million dollar acquisition of 30.33 million common shares is reasonable, and is linked to market capitalisation.

Shi Yong also said that the perfect world to buy a grand game part of the stake is a powerful combination of the process. The perfect World and the Grand game is China's six big swims the company, two company's market size, the share, the income are very strong. Both sides have their own advantages, but are facing the strong competition of Tencent, this cooperation is a complementary process.

NET growth stagnant

Touch Technology has recently submitted an initial public offering application to the US Securities and Exchange Commission (SEC), and a touch-control technology program is listed on Nasdaq, with a maximum of $150 million trillion. In contrast, in October 2011, the Shanda network announced privatisation, January 27, 2014, when Shanda announced the takeover of a consortium led by a controlling shareholder. After the giant game, the second announced a game company that withdrew from the US market.

Shi Yong to the Yang network technology, the net is a high-risk business, uncertainty, and the United States investors more rational, can not give high valuations. The annual growth rate of online games is around 20%, but it has stagnated. Online gaming companies opt to retire on the one hand for transformation, on the other hand, valuations are too low. The two-year hand tour is very hot, the industry grows fast, each year is doubling growth. The future of the hand tour industry is very promising and growing, because the mobile internet is bullish.

Shanda Group will gradually streamline

On the evening of April 1, the latest filings by the SEC Securities and Exchange Commission showed that the cool 6 media holdings shareholder Shanda Network has sold 41% of Cool 6 media shares. The buyers of this transaction are Xu Xudong.

Shi Yong told the central wide network technology, the future of the Grand group will be gradually streamlined, the business will be shot. One of the Grand games in 09 after the listing, the development has been not particularly good, the business is in a downward state. and cool 6 is hot potato, rotten baggage, throw out for the grand network is advantageous.

Finally, Shi Yong also believes that the perfect world to buy Shanda games shares will not affect the privatization of Shanda game time.

According to data shows, September 25, 2009, Shanda Group subsidiary wholly-owned-Shanda game in the United States Nasdaq stock market successfully listed. Shanda and Shanda Games issue 83.5 million shares of US depository shares (ADS), priced at $12.50 per share, with a $10.50 ~12.50 dollar price range at the top, with a total issue of $1.044 billion trillion and the largest IPO in U.S. capital markets since 2009.

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