Case Study Of HNA Acquring Ingram

Merger & Acquisition is an important approach for company's development.As the rapid growth of Chinese economy and the expansion of globalization,to pursue broader market and more strategic resource,more and more Chinese companies are enthusiastic in direct investment in foreign companies through M&A.However,an official report points out among these transition,only a third of them realized profit.Getting rid of the culture factor,no more than 20% succeeded.When we are celebrating the economy prosperity represented by the amount and trade volume of M&A cases,the concern comes that after M&A trades,will Chinese companies accomplished their M&A targets to increase wealth of their companies.First,through the study of HNA acquiring Ingram,the thesis concluded the experience,disposed the risk in the acquirement and provided suggestions to the risk control.Second,the thesis disposed the motive and effect of the acquirement.Third,through analyzing the loan repayment and the integration process,the thesis disposed the financial risk brought by the acquirement and the financial,law,culture and human resource integration risks after acquirement.Last but not the least,the thesis drawed the lessons from the acquirement to provide guide for other cross-border acquisition and give suggestions on the risks control in integration.The thesis is innovative to some kind.