The Case Analysis Of Mergers And Acquisitions Financial Analysis By Auto Industry

M & A(Mergers and Acquisitions, M & A), including mergers and acquisitions, international customary abbreviation M & A, but in China Constantly be called M & A. M & A is a major form of business capital operation and management, Corporate certain economic way to obtain other legal acts of property rights based on voluntary corporate equality, equal compensation. From it first appear on the late 1800 until today, M & A activity has been enduring, particularly the fifth merger wave of M & A, it creates a historical record, because of the Long duration?Large scale and wide of affecting. That period Mergers between giant multinational companies, became a major feature. Although M & A late start in China relatively developed,but when China's economic development and progress, the M & A has been the expansion, cross-border M & A business is increasing. M & A is the way of the enterprise capital operation, the correct use of M & A can promote the development of enterprises, to achieve the intended purpose, and vice versa. M&A not only bring benefits, such as tax, financial leverage and other such positive effects, but also bring a series of negative effects. Based on the theory of mergers and acquisitions, Financial synergies theory research and analysis with examples of Financial synergies of acquisitions, mergers and acquisitions combined with practical recommendations are given to reduce the negative effects of mergers and acquisitions occurred to guide future mergers and acquisitions.Firstly,we briefly introduced theoretical knowledge which referred to herein, such as the introduction the concept of merger?the motivation of M&A?the type of M&A and the problems in our M&A which affect the Financial synergies. These have a certain extent to Financial synergies of M & A, grasp these we can analysis Financial synergies of M & A better,but also make companies better to avoid the negative effects of mergers and acquisitions business better.On the basis of the above theoretical analysis, Further information the system of the theory of the positive and negative effects of the financial about M & A. Specifically addressed merger forward tax?Financial leverage?Production effects and so on, and negative effect Examples assets to create value poor, poor asset quality effects. Then use M & A instances in recent years to detailed analysis the positive and negative effects of mergers and acquisitions.Finally,gives recommendations to reduce the negative effects of mergers and acquisition,On the basis of binding Mergers and acquisitions related theory?Financial synergies of M&A and example analysis. If Companies want to reduce the negative Financial synergiess, it must Guides the motivation of M&A motivation?choosing the right type of mergers and acquisitions and do some Preliminary investigations and integration after M&A to the target company. Countries should play its role in macroeconomic regulation and control the economy and Promote enterprise M&A legislation and other measures to ensure that the enterprise mergers and acquisitions.