Performance Evaluation Of Riverside Group M & A Case

In2012, merger market to become more active in China. According to the data in2012,China merger market announced the deal case amount is up to3379, disclosure the size of thetransaction of$307790000000,which ascending18%compared to the year2011. The continuousdecline in the context of the IPO market, part funded enterprises began to launch a large-scalemergers and restructuring transactions, its goal is to rapidly expand the scale bigger and stronger.This year, the real estate industry mergers and acquisitions occurred in176cases, mergertransactions is active extremely.This article analyze the Bin jiang group merger East Coast (Chun an) real estatedevelopment company limited, analyzing the performance of mergers and acquisitions from theangle of the acquiring party and describing the process of merger and acquisition in detail,through the analysis of changes in2011-2013years related financial indicators and EVA, toevaluate the performance of mergers and acquisitions. The calculation results show that the M&A activities in mergers and acquisitions of the effect is obvious in the events of the year and theemergence of performance growth, but in the merger occurred in the second year (2012) show adownward trend. Over the long term, the acquisition is not successful. Hoping that the Bin jianggroup summarize the experience and lesson,integrating the institutions, manpower and otherresources rapidly and avoiding recommitting the same error in the future. The formulation of thiscase providing practice guidance for our country enterprise merger plan and strategy.