ALi Corporation

Activity by year

2017201820192020202120222023202420252026

PartnershipAcquisition

Sep 30, 2021ACQUISITIONUnited States
Welbilt shareholders approve acquisition by Ali Group
Welbilt stockholders approved the merger agreement with Ali Group with 99.72% of votes in favor. The companies will divest the Manitowoc Ice brand to address antitrust concerns, with the acquisition expected to close in early 2022.
Welbilt target ALi Corporation acquirer Manitowoc Ice target #Industrial Machinery #HVAC and Industrial Refrigeration stocks.observer-reporter.com
Jul 14, 2021ACQUISITIONUnited States$3.50B
Ali Group to acquire Welbilt for $3.5 billion
Ali Group announced a definitive merger agreement to acquire Welbilt in an all-cash transaction for $24.00 per share, approximately $3.5 billion in equity value and $4.8 billion in enterprise value.
Welbilt target ALi Corporation acquirer #Food Processing Equipment streetinsider.com aligroup.com businesswire.com
Aug 14, 2017PARTNERSHIPShenzhen, China$15.0M
Skyworth Digital and ALi Corporation to form chip joint venture in Shenzhen
Shenzhen Skyworth Digital Technology, a subsidiary of Skyworth Digital Holdings, will partner with ALi Corporation (an Acer subsidiary) and a Hong Kong investor to establish a joint venture in Shenzhen with CNY 100 million registered capital. The JV will develop and distribute semiconductor chips for intelligent products in China.
Skyworth Digital Holdings ALi Corporation partner Acer Group partner #Semiconductors and Industrial Electronics www2.yicaiglobal.com

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