American Brands That Have Been Bought Out By Other Countries

Published on January 4, 2023
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Sotheby’s

Sotheby’s is an iconic luxury broker of fine art and decor, so what does it have to do with an insurance company? First of all, Sotheby’s was founded in 1744 in London before moving to New York City and opened locations around the world. In 2016, Chinese life insurance company Taikan Life became Sothby’s majority shareholder until 2019, when it was bought out by French-Israeli billionaire Patrick Drahi at a 61% premium.

Sotheby’s

Sotheby’s

OmniVision Technologies Inc

OmniVision Technologies Inc first became involved with China-based investors back in 2015, when the California-based company was given a $1.9 billion investment. In 2018, Will Semiconductor Co. Ltd., based in Shanghai, purchased the company for $2.1 billion.

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OmniVision Technologies Inc

OmniVision Technologies Inc