Abstract
Being a century-old family business, LF had celebrated its evolution from a small trading company to a well-established, internationally recognized supply chain solution provider. However, the rapid advancement of internet technology and e-commerce development in recent years challenged the company's once-innovative business model. Although LF had aggressively streamlined and transformed its business, the company was still struggling to turn around. However, the recent trade war between the U.S. and China, along with the outbreak of the COVID-19 pandemic, triggered the Fung family to consider taking the company private.
Case A enables students to take the role of LF's consultant to assess the motives, challenges, pricing, regulatory and financial implications of the going-private offer before making a recommendation to the company.
Original language | English |
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Number of pages | 15 |
Publication status | Published - 1 May 2022 |
Case number
GC-21-065Case normative number
GC-21-065-CECase type
Field CaseUpdate date
15/05/2023Supplement
For more details, please visit www.chinacases.orgPublished by
China Europe International Business SchoolKeywords
- Business Models
- Family Business
- business model
- corporate governance
- family businesses
- go private
- privatization
Case studies discipline
- Accounting
- Others
- Finance
Case studies industry
- Transportation and Warehousing
- Wholesale Trade
- Others