The Research On The Financial Integration Of Enterprise Merger And Acquisition

Merger is a important means to expand oneself in society and adjust the industrial structure andre-optimize the allocation of resources. The purpose is to achieve the strategic goals and the performance ineconomic life is the transfer of property rights. Obviously, the occurrence of an event of mergers andacquisitions is the inevitable result in the competitive and development market economy. Mergers andacquisitions is closely related to the development strategy of the corporate.The success or failure of mergers and acquisitions in the negotiation process is just one hand, themost important is timely and effectively integration. According to the research shows that most mergers andacquisitions fail are caused by the unsuccessful post-merger integration. As the core of the wholeintegration, financial integration has a direct and profound impact to the development of enterprise groups.How to make the financial synergies, how to use the financial resources reasonable, how to avoid financialrisks, and how to adjust the unified financial system, how to improve the financial management capabilitiesare the main problems faced by financial integration. Enterprises should pay more attention to financialintegration and strengthen the improvement. Besides, the review before financial integration, the control infinancial integration and the feedback after financial integration also should attract more attention to ensurethe success of the financial integration. The importance of financial integration of business strategydevelopment is self-evident, especially in the current Chinese market. Achieve the financial targets,reducing the risk after integration, enhance operational efficiency of the financial system for the success ofmergers and acquisitions have the practical significance.In the article, the writer makes use of normative research and case analysis methods to discussthe financial integration, we first introduce the relevant research and then investigate financial integrationdepth. The article focus on the value of financial integration in the whole integration and how to takemeasures to achieve integration target and reduce the negative impact. The financial integration is not asingle chain, it plays the role of connecting, so we should attach more attention to the process and somerelated principle. The Lenovo`s acquisition was a typical case in our mergers and acquisitions history. Fromthe view of the future effects, the financial integration play a crucial role for new Lenovo`s development.Some years later, financial integration effect gradually withdraw cash, To sum up, it achieve the desired effect. The article fully integrated theoretical front, extract the key points of financial integration and hopethat it can provide some experience for other enterprise. Meanwhile, the article pointed out some problemsin our current economic market and provide the case revelation. Finally, the article summarizes theconclusions of financial integration, Suggested that enterprises should have a clear strategic plan, paidattention to the financial information confidentiality and strengthen financial risk prevention, what`smore,the management should hold a rational to the consolidation effect. In the end, the article pointed outthe deficiencies in the writing. Hope that I can have the opportunity to further deepen the theory andincrease the depth of the study.