The Research Of Financial Risk That Mengniu Dairy M&a Yashili

As an effective resource allocation mode of M & A, favoured by more and more enterprises. Many enterprises use M & A as an important means of sustainable development and even overseas expansion, this also with the Chinese government to implement the strategy of "going out" agree without prior without previous consultation. However, M & A is a "double-edged sword". The success of M & A has a positive effect for the optimization and reorganization of enterprises andoptimize the allocation of resources, and the failure of M & A will not only reduce the enterprise resource allocation efficiency, but also has a significant negative impact on the two sides of M & A.According to statistics, the international large-scale merger failure accounted for nearly 2/3, ten years after the restructuring company still successful operation ratio of only 25%.Because of the market economy of our country started relatively late, the true meaning of the M & A is the development in twentieth Century after 80 years together, and more and more enterprises to change from passive to active, not only in the domestic enterprisesmergers and acquisitions, and began moving toward the international market for overseaspurchase.In order to make Mengniu Dairy Group and even the dairy industry can be effective inidentification and control of enterprise mergers and acquisitions in the financial risk, thus reducing the risk of mergers and acquisitions, based on the domestic and foreign related M & a theory based on the methods of quantitative and qualitative, and studied the problems related withfinancial risk in M & A to Mengniu Dairy Group..The main content of this article as the following four parts: Firstly,introduces the significance, domestic and international literature review and research methods and content. The second part is the case introduction,firstly this paper selected the case enterprise makes the brief introduction, namely the Mengniu Dairy Group and the basic situation of the party Yashili company is merger and acquisitions,present situation, and gives an overview of the case, to lay the foundation for the third part. The third part is the case analysis in the second part, introduced case based on the proposedmerger, proposes some suggestions forlater lay the foundation for the fourth part is the conclusion and suggestion, based on above several parts, the enterprise merger and acquisition and draw the corresponding conclusion, andput forward certain suggestions, promote the operation of M & a..