Financial Risk And Control Of China’s Dairy Mergers And Acquisitions

With the improvement of people’s living standard, the national needs for dairy products is getting bigger and bigger, the dairy enterprises to obtain faster development, reduce production costs, gain competitive advantage, have to carry out mergers and acquisitions. In the process of mergers and acquisitions, financial risk plays a vital role in controling for the success of M & A, but due to the dairy enterprise merger started too late, the financial risk control is insufficient in mergers and acquisitions in. Therefore, the analysis of China’s dairy industry mergers and acquisitions risk and research on controlling financial risk is very important.In this paper, after reviewing the study of domestic and foreign scholars for the financial risk, Based on the theory of financial risk, analysis the present stage our country dairy enterprise in the merger of financial risk, and causes of the financial risk. from the industry point of view, combined with the characteristics of dairy enterprises, in case of Mengniu mergers and acquisitions Yashili’s financial risk control research. Mengniu analysis Ashley comprehensivly in front of the mergers and acquisitions to reduce the risk of strategy; mergers and acquisitions by foreign bank’s low interest rates to reduce the risk of financing, set a variety of payment to pay reduced risk; after the merger to take comprehensive and integrated measures to reduce the risk of integration, Effective measures to control financial risk, merger and acquisition is successful.The analysis of the case of Mengniu m Ashley, summarizes its successful experience, put forward the following enlightenment for dairy enterprises in our country: corporate merger and acquisition strategies to meet their own development, before the merger to a reasonable assessment of the value of the enterprise, take suitable for payment of the basic situation of enterprises, to broaden the financing channels for enterprises, integration with the M & A to the advantage of both. The relevant regulatory authorities to establish an effective public information platform, to improve information transparency and reduce the financial risk of corporate mergers and acquisitions.