| Overseas M&A is of great significance to the development of Chinese companies and global integration.It is an important way to help companies develop well and allocate global resources effectively.It also can encourage companies to innovate their technology and system.Chinese companies will have more opportunities in international market.However,overseas M&A is full of risks,the risks are hidden in every corner.As a developing country that develops in high speed,Chinese companies have very little experiences in overseas M&A,which make us face serious risk problem in financial risk prevention,to be more specific,these companies need to face finance risks in preparatory phase,implementation phase and integration phase of M&A.Only reducing these risks,companies can maximize the effectiveness of M&A.With the development of the globalization strategy,many enterprises which are in the process of transformation have the strategy and plan of outward expansion,Beijing Capital is one of these companies.As the backbone of Chinese environmental protection industry,in the process of transformation from environmental goods to environmental protection service,in order to be more competitive in Asia market and obtain more advanced technology,Beijing Capital has become a pioneer in overseas M&A in the environmental protection industry.In this paper,we chose the case of Beijing Capital M&A of ECO Industry as the research object,combined with the particularity of the current situation of Chinese enterprises in overseas mergers and acquisitions and the environmental protection industry,reviews Beijing Capital acquisition of shares in Singapore ECO industry analysis of the first course,shares in the pre preparatory phase,the merger process the financing and payment stage,and post merger financial integration stage facing the financial risk,discusses the causes of these risks,for Chinese enterprises overseas M&A or environmental protection industry will have to cope with some overseas M&As and risk prevention measures.Through this article,we hope to provide some useful information on how to effectively control financial risks in the process of overseas M&As by Chinese enterprises... |
