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New Deal


Announced

Completed

Newegg completed the merger with Lianluo Smart in a $1.2bn deal.

Financials

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Transaction Value£903m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Acquisition

Single Bidder

Medical Equipment

Merger

Friendly

Cross Border

Public

China

Majority

medical products

Reverse Takeover

Synopsis

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Newegg, an online retailer of items including computer hardware and consumer electronics, completed the merger with Lianluo Smart, a provider of medical products and medical components in China, in a $1.2bn deal. "Becoming a public company is a milestone 20+ years in the making, made possible by the hard work of Newegg’s employees, and the support of our many partners, investors and customers. As we enter this new phase as a public company, we’re more energized than ever about what the future holds for our company," Anthony Chow, Newegg Global CEO.

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