The Study Of The Divestiture For ZheJiang Vaton Limited Company

Divestiture is belongs to the domain of company recombination, It is one of the most important technology in the field of company shrinks, There is extensive application in abroad .In recent years, enterprise of China gradually adopts to divestiture, and pay close attention to the thing.ZheJiang Vaton Limited Company (Hereafter refer to Vaton Company) as real estate enterprises of medium-sized scale of area of Jiangsu and Zhejiang Provinces is in a key period for development at present .On one hand, the company is in the intensive trade of the fund, the large-scale construction project needs financing badly, the fund is in great demand; On the other hand, the decentralization in investment of company's stock right, the company is unreasonable in resource distribution, restrain the staple from developing. So, the company needs stripping the non- relevant business, distinct real estate staple badly, through being whole with resources inside the company, meet the fund demands of development projects partly.Enterprises realize high quality, specialized effective way that manage by the theory and practice to divestiture. This paper draws lessons from some outstanding enterprises in our country like the Zhu Jiang River beer Company, Vanton Company of characteristic somebenefit experience and method again to divestiture. According to opportunity and challenge that Vaton Company face, put forward basic idea and way divestiture to implement, scheme that the design company divestiture, and state divestiture in common use operation sequence and step. Through implement taking divestiture as characteristic company construct again, help Vaton Company strengthen the core business and the competition advantage further.This paper applies nature and quantitative analysis method , the place of innovation embodies in mainly, from divestiture angle probe into enterprise specialization manage and improve key way of competitiveness; And on the basis of the relevant theory, domestic foreign capitals produce and strip practice and development to analyze divestiture, choose Vaton Company as typical target, aim at through conceptual design to divestiture of Vaton Company, announce that this new deflation mode realizes the positive meaning in which specialization manages to enterprises of our country to divestiture. And summarize basic divestiture idea and operation mode that general enterprises should be taken.