Ingram Micro
In 1979, Ingram Micro began as a small tech product distributor. The business has evolved into a global leader in technology distribution. It has grown from a small start-up to a multibillion-dollar corporation as a result of its success. It purchased Softinvest, a developing Belgian company, in the early 1990s.
Ingram was able to distribute HP products as a result of this move, giving them a stronger market position. Ingram Micro was purchased by Tianjin Tianhai Investment, a Chinese firm affiliated with the HNA Group, for $6 billion in 2016. As a result, it rose to become one of the parent company’s most profitable subsidiaries across the board. Ingram, on the other hand, now has a much larger international presence as a result of this.
Fidelity & Guaranty Life
The Fidelity and Guaranty Life Insurance Company has helped millions of people secure their financial future since its founding in 1959 in Des Moines, Illinois. Nonetheless, the organization’s own future was not completely secure. It was previously owned by Harbinger Group, but in 2013, the parent company decided to make it available to the general public.
Anbang Insurance Group bought F&G for $1.57 billion after becoming interested in it. Everything seemed to be going well until the Chinese firm decided to cancel the contract at the last minute. Following the abrupt change of plans, CF Corp purchased F&G in 2017 for $1.84 billion.