Analysis Of Motivation,Risk And Performance Of Cross-Border M&A By Apex

At first,China's cross-border mergers and acquisitions were mostly concentrated in state-owned enterprises.In these years,more and more private high-tech manufacturing companies have also been involved in the wave of mergers and acquisitions.However,few companies can successfully complete mergers because of the risks.Due to their special risks,private enterprises are often more likely to have problems,leading to failure of mergers and acquisitions or failing to achieve the desired effect.Apex,as a private enterprise listed on the small and medium-sized board in China,not only completed the M&A with Lexmark in the United States,but also experienced positive merger results after experiencing losses caused by mergers and acquisitions.Therefore,in-depth research on the process of Apex's M&A activity has important practical significance.This article uses literature analysis,case analysis and comparative analysis to study the process of mergers and acquisitions.It is found that there are three main reasons for the success of Apex:First of all,the goal of M&A is clear,which is to further complete the company's nationalization strategy and obtain the target company's advantages.Secondly,flexible financing methods and scientific trading framework are adopted to ensure the M&A funds,which also reduce the legal risks in the M&A process.Finally,focusing on the integration risks,to retain the core technical staff and avoid the loss of customer resources.So this paper puts forward corresponding suggestions on how companies choose M&A targets,raises M&A funds,and conducts M&A integration.Based on the research conclusions,this paper can provide references for other small and medium-sized private enterprises to conduct cross-border mergers and acquisitions.