Wen's Group Convertible To Absorb The Merger Of Dahuanong

M & A history can be traced back to the 19 th century,the capital market to today,the world has experienced five large-scale mergers and acquisitions wave,which directly promote the national industrial restructuring and upgrading of enterprises to choose the appropriate asset restructuring program Accelerate the development of their own enterprises and achieve the company's strategic objectives of the growing demand.Wen's group as a non-listed company mergers and acquisitions listed companies Dahuanong farmers as a whole listed from the entire agricultural and animal husbandry industry environment,agriculture and animal husbandry enterprises want to further development,must be listed through financing,the use of capital market efficiency to expand the scale,To enhance operational efficiency.The development of private enterprises mainly rely on their own,initially in order to maximize the efficiency is often not pay attention to norms,so most of the way to go through a transformation,standardize the process.Wen's group as the largest aquaculture enterprises to the capital market,which marks the development of animal husbandry industry more and more rely on the operation of the capital market.In this transaction,it was determined that the conversion ratio between Wen's Group and Dahuanong Agricultural Company was 1: 0.8178,and the price of 60% of Wen's group Food Co.,Ltd.was merged with Dahuanong Agricultural Products Co.,Ltd.to achieve the overall listing and become the first Through the merger to absorb the merger of the overall listing of the case.After the merger and listing of the company known as the Wen's shares,directly into the capital market.The theoretical structure of this paper is divided into three parts-the theoretical part,the case part and the conclusion.The theoretical part is the introduction of the first chapter,the research background and the significance of the research are expounded,and then the relevant research theory and the domestic research status are summarized Finishing,o nce again put forward the main innovation and shortcomings of this article.After the 21 st century,in the market demand,C hina's implementation of the split share structure reform,the stock market to open the whole circulation,which for listed companies to carry out asset restructuring and reorganization business has brought the market rules of trading tools and pricing mechanism,due to market Of the further deepening of the various mergers and acquisitions business activity and innovation has been an unprecedented increase.The second part is the case part,specifically for the second chapter of the case description and the third chapter of the case analysis,mainly for the merger of large group of Wen's group analysis;in early November 2015,Wen's gro up Food Co.,Ltd.official Announced through the merger to absorb the merger of its listed company Dahuanong Health Products Co.,Ltd.,and listed on the GEM.The merger through the merger to absorb the subsidiary and in the Mainland to achieve the overall market,as the first GEM through the merger and consolidation of the overall listing of the case.The third part is the fourth chapter through the study of the case of Wen's group convertible merger and analysis of the case of Dahuanong research and analysis of the proposed countermeasures and suggestions,and the use of comparable company law on the valuation of the company,the temperature listed on the overall listing of the Wen's group The problem is too high,and the corresponding issues put forward feasible countermeasures and suggestions,after the case analysis for the follow-up companies to reorganize the assets and agriculture and animal husbandry enterprises listed on the appeal of the corresponding inspiration;Finally,the conclusion of the fifth chapter.