Why Tech Giant is Aquiring Harmen International?
Provided by Mergermarket, a Partner of M&A Leadership Council
On November 14th, Samsung announced the acquisition of Harman International, the US-based developer and manufacturer of audio and electronic systems for the auto industry, for $8.6bn with an offer price of $112 per share (a 27.8% premium on Harman’s share price one day before).
The acquisition of Harman will allow Samsung to access significant players within the automotive sector, tapping into new market opportunities and exploring new potential growth. READ MORE.
