Research On Pricing Of Oversea M&A Of Chinese Resource Enterprise

Resources and energy security is an important part of the national strategy, our country although resources in the country, but but very low levels of per capita resources reserves and China still exist resource consumption rate excessive resource utilization rate is too low, China’s energy resources sustainable development situation is not optimistic. External resource acquisition is an important way for our country expand overseas energy resources market to protect national resources and stable supply of the, in recent years, enterprises of our country set off a wave of foreign acquisitions of this where the cross-border mergers and acquisitions of resource-based enterprises account for a considerable proportion.but this study found China’s resource-based enterprises in transnational mergers and acquisitions widespread merger and acquisition pricing is too high.Merger and acquisition pricing is the enterprise carries on the merger and acquisition important link, it is directly related to the success of mergers and acquisitions, and mergers and acquisitions of enterprise operating performance. This paper is concerned with the China Resources Enterprise transnational merger and acquisition pricing problem, resource type enterprise is in China in recent years, the subject of transnational merger and acquisition (M & A), the mergers and acquisitions tend to be large. While China’s resource-based enterprises are mostly state-owned enterprises or enterprises directly under the State Council, the merger and acquisition (M & A) to determine the merger and acquisition pricing is often related to people’s livelihood, determination of the price of the merger of the merger should be so accurate and reasonable ensures that M & A transactions smoothly and ensure the enterprise M & A can achieve the desired effect.Combined with the specific characteristics of resource type enterprise and industry in China, and China Resources Enterprise transnational merger and acquisition pricing influence factor analysis, this paper also made a case discussion into the method described in the theoretical analysis, combined with the results of theoretical analysis and case analysis this paper proposes to improve China’s resource type enterprise transnational merger and acquisition pricing method of some reasonable suggestions.