Market Chatter: Hisense Said to Consider Merger of Electronics, Home Appliance Units

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Hisense Group is looking to merge its electronics unit Hisense Visual Technology (SHA:600060) with the consumer appliance unit Hisense Home Appliances (HKG:0921, SHE:000921), Bloomberg News reported Wednesday, citing people familiar with the situation.

Among the options being considered is Hisense Visual Technology purchasing Hisense Home Appliances, according to the report.

The merged unit could be listed in Hong Kong and then be dual listed, the report said.

Hisense is in talks with advisers regarding the potential transaction, according to Bloomberg.

Hisense Group did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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