Enterprise M&A Financing Risk Control Research

According to qingke research center data show that in2012China’s m&a market announced deal case number3555, compared with2011, the year fell by23%; Disclose the trading＄30.78billion, rose by37%, nearly six years high。In the first three quarters of this year China’s m&a market situation, according to data in the first three quarters of this year Chinese companies were done718m&a cases, involving more than48.3billion dollars, including mergers and acquisitions of listed companies significantly more than the overall level of the calendar year。Analysis suggested that IPO moratorium on helped mergers。2013years ago in the third quarter718m&a cases, China’s enterprises to complete480, listed companies to complete proportion is as high as66.9%。Amount of mergers and acquisitions, in the first three quarters of this year the listed enterprise m&a because of many big deal as much as＄39.165billion, substantially beyond the overall level of the calendar year, merger and acquisition of Chinese enterprises in the overall size of so high proportion of81.1%。And investigate its reason, is the domestic capital market increasingly mature and perfect, the macro requirements of industrial upgrading transformation, continuously strengthen the strength of the domestic enterprises with the economic growth, with the impact of economic crisis, the final demand in this point out of the m&a。In summary,This article aims to starting from the basic theory of m&a financing at home and abroad, first of all, to the enterprise m&a and m&a financing problems involved in the research, followed by two typical case analysis of the current our country enterprise highlights the problems in the process of m&a, with an emphasis on the two cases after m&a risk of the problems of financing costs, at the same time from the case comparison embodies in enterprise merger and acquisition financing in our country some phenomena and problems in depth, the final combination of foreign mergers and acquisitions history and present state of the economy in China, thus put forward some of m&a financing risk control in China’s economic development。...