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Ingram Micro snapped up for $6bn

Ingram Micro has been bought by Chinese aviation and shipping conglomerate HNA Group for about $6bn. According to a statement, the firm’s executive management team will stay in place, with Alain Monié continuing as CEO. Once the deal is finalized and approved, Ingram will operate as a subsidiary of Tianjin Tianhai and become part of the HNA Group, but its HQ will remain in Irvine, CA. Read More...

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