Analysis Of M&A Overseas Based On CITIC Securities Company Limited

In the trend of economic and financial globalization, the internationalization of securities market is the requirement of the times. In the fierce competition of Chinese securities business, "going out" is the good choice to obtain a better development.So this article is analysis of CITIC overseas M&A, intended for domestic firms providing reference and Enlightenment of overseas M&A.This article reviews and reorganizes the related literature research and introduces the whole case of overseas M&A from both sides,motivation and The detailed process.Using of a variety of theoretical analyzes of the M&A effect from business, price, finance and human resource and draws a conclusion:realization business Synergy in domestic and foreign;Although the high price of M&A, the long-term development is more important;Reducing financing cost and improving efficiency in the use of funds;Keeping the core team and outstanding talent for improving the international competitiveness.At the same time,analyzes the basic experience of CITIC Securities in the process of M&A and the cultural and financial risk in the integration. on the basis of them Proposing inspirations for domestic firms overseas M&A:First of all,we should make full preparation before M&A, setting clear internationalization strategy, choosing the right acquisition targets and grasp the good opportunity; Secondly in acquisition process we shouldpay attention to the accuracy valuation of the enterprise and the choice of payment; Finally, we should attach great importance to the integration after the merger, especially cultural and financial integration.