Analysis Of Ping An Group’s Acquisition Of Shenzhen Bank Synergies

With the development of economic globalization,the developed countries in Europe and America financial enterprises through mergers and acquisitions quickly opened the mixed operation mode and mixed mergers and acquisitions in Europe and the United States results show that mixed operation in reduce business risk and increase income and other aspects than the single business model,mixed operation has shown its unique advantages,will become the enterprise financial operation mode the mainstream mode of operation.In the field of international finance increasingly fierce competition,China’s financial institutions must adapt to the development of the times tide,timely adjust the operation mode to their standing in the forest of the world economy,China’s financial enterprises began to set foot on the road of mixed operation,China ping an integrated financial group to create the first mixed mode.In 2003 by the China Insurance Regulatory Commission and the State Council approved the formal establishment of the "Chinese insurance Limited by Share Ltd",founded at the beginning of the China Ping An insurance company,in order to adapt to the trend of economic development,Chinese Ping opened the road of mixed operation,to build itself into a collection of insurance as the core,and banking,investment,consulting etc.the project of large one-stop integrated financial group.In June 2009 Chinese announced the merger to Shenzhen peace acquisitions completed in June 2012 all the legal procedures.The acquisition from the amount of mergers and acquisition of both the nature of the industry and scale,the purpose of the acquisition,are typical,leaving the history of a thick and heavy in colours in the M & a pen.This merger is successful,whether to achieve the purpose,this paper conducted an in-depth analysis.The formation of synergy is the criterion to judge whether a merger is successful.This paper first reviews the basic theory of the motivation theory and synergy effect,combined with specific examples of China Shenzhen Ping an acquisition of the bank,the characteristics of the case,including both enterprise introduction,merger characteristics,motivation and steps,followed by the Chinese peace and purchase encountered in the process of integration of Shenzhen bank problems and solutions to investigate the synergistic effect;finally divided into five levels of in-depth analysis of the effect of mampa.In the data used for statistical analysis,selection of M & a few years before and after the regulatory and financial data analysis methods in data,longitudinal comparison is carried out and the enterprise and the industry level comparing with the data before and after the merger,the Merger Synergies concluded,at last gives an example of financial how the enterprise in mergers and acquisitions to maximize the formation of reasonable suggestions synergy.