Multinational Merger And Acquisition Of China Company

Oversea M&A (merger and acquisition) of China Company result from the adjustment requirement of industry framework, the great surplus of domestic capital and the appreciation pressure of RMB. Related data show that it has come the era of oversea merger and acquisition of China Company.However, whether the oversea M&A result accords with the original motivation of China Company? Whether the oversea M&A helps maximize China Company's value? Whether the oversea M&A of China Company could last long? The problems will be discussed in this paper.Based on the current research result of multinational M&A, this paper presents an overall view of the background, the motivation and the result of China Company's oversea M&A. And the case study of TCL Group makes the further discussion and analysis of the practical problems in the process of transition and integration. Finally the paper offers the proposals in five aspects: the strategic choice of oversea M&A, the choice of cooperation mode, the value assess of oversea target company, the choice of road show strategy and the integration of company culture.