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Ingram Micro and HNA Group Announce Completion of Acquisition

IM

IRVINE, Calif. & HAINAN, China--(BUSINESS WIRE)--Ingram Micro Inc. (NYSE:IM) and HNA Group today announced that they have completed the previously announced transaction, under which Tianjin Tianhai Investment Company, Ltd. (SSE A Share: 600751 and SSE B Share: 900938), a publicly-traded subsidiary of HNA Group, acquired Ingram Micro for $38.90 per share in an all-cash transaction with an equity value of approximately $6 billion.