Research On Wanda M&A U.S. AMC Financial Risk And Control

With the improvement of economic strength,China has played an increasingly important role in the international arena.It is precisely because of the favorable implementation of China's "going out" strategy that China's industry and the international economic industry have become more closely integrated,and several major M&A projects have also achieved remarkable results,such as the acquisition of Smithfield and Wanda Group by Shuanghui.Large-scale cross-border mergers and acquisitions such as AMC in the United States have also come into sight.In 2016 alone,China's cross-border mergers and acquisitions reached a transaction volume of over 220 billion dollars.This shows that China's overseas M&A market is showing rapid development.However,as China's cross-border M&A transaction volume and transaction volume continue to rise,the number of M&A failure transactions is also rising.From the failure cases,we can find that the most prominent issue for Chinese companies in cross-border mergers and acquisitions is risk prevention.These problems have not only led to the failure of cross-border mergers and acquisitions by Chinese companies,but have also affected the confidence of enterprises in the wait-and-see relationship for cross-border mergers and acquisitions,and have had adverse effects on the long-term development of cross-border M&As.For this reason,in order to increase the success rate of cross-border mergers and acquisitions,increase business confidence,and promote the healthy development of China's M&A market,companies should pay attention to the importance of cross-border M&A risks and their prevention issues on M&As.In the process of cross-border mergers and acquisitions,financial risks are often the biggest obstacle to the company.However,at present,China' enterprises still have some problems in the prevention of financial risks in cross-border mergers and acquisitions,such as relatively one-sided understanding,relatively weak awareness,and relatively single measures.Therefore,the effectiveness of financial risk prevention has great limitations.Therefore,the financial risk of cross-border M&A Conducting indepth research on prevention issues has important significance and role in promoting the healthy and orderly development of China's cross-border M&A market.This article first introduces the current situation of cross-border mergers and acquisitions,analyzes the financial risks of Chinese companies in the process of crossborder mergers and acquisitions,and sorts out the related issues of financial risk prevention.Then the Wanda Group's merger and acquisition of AMC was used as a case study object to sort out the major financial risks faced by Wanda Group in the preparation phase,implementation phase and integration phase of M&A.On this basis,the Wanda Group's measures to prevent financial risks were analyzed,and it was worth discussing the case.The place.Through qualitative and quantitative analysis,combined with the actual situation,it is proposed that Chinese companies can guard against the financial risks of cross-border M&As by attaching importance to the formulation of M&A strategies,giving full play to the role of intermediaries,selecting various financing methods,and attaching importance to M&A integration.Taken together,this paper proposes the hidden financial risks in the cross-border mergers and acquisitions process of Chinese companies to reduce risks and improve the success rate of crossborder mergers and acquisitions.