Financial Intergration Investigation That E Group Newly Merged With F Group

The subprime mortgage crisis began with U.S. in Aug,2007and spread to the world. The crisis had seriously affected the real economy, so that asset prices have fallen sharply. There are some signs of recovery in the global economy because many states have taken effective measures, businesses of conditions and prepared seize this opportunity, make mergers and acquisitions in order that strengthen global core competitive advantages, professional capacity, expanding capital operation, business transformation and so on. Merger integration is a major factor in the success of M&A. Financial integration is the starting point and core of merger integration. The theoretical basis of financial integration: systems theory, dissipative structure theory and coordination theory.This paper is a study of financial integration which E Group purchase F Group and merger new NE Group. analysis the necessity and it’s five contents which are financial organizations and employee integration, financial policy integration, the integration of assets, capital structure integration, and tax planning integration. Find out some problems of financial integration which there are not high enough degree of attention, financial institutions are unreasonable phenomenon, financial accounting methods of financial policy are not appropriate, idle fixed assets are issue,and ignore intangible assets. Final provide clear solutions which taking attention to financial integration, setting reasonable financial institutions, the establishment of appropriate financial policy, Strengthening of idle fixed assets management, and concerned about the integration of intangible assets. Get inspiration from NE group financial integration which taking attention to it whatever enterprise of successful M&A, it’s process and mode need innovation, attitude of internal and external interests people to target enterprise must be paid attention in all financial integration process. From NE financial integration, Summed up the same five characteristics on financial integration of M&A which financial organizations is the most important task of it, financial policy integration is the key to ensure the effective and orderly business activities after the merger, assets integration is the guarantee which acquisition M&a strategy target, capital structure integration is the guarantee of sustainable development after M&A, and tax planning is also one of the key part.