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Aier Eye Industry Fund Merger Case Study

Posted on:2019-03-27Degree:MasterType:Thesis
Country:ChinaCandidate:G Y ChengFull Text:PDF
GTID:2429330566987492Subject:MPAcc
Abstract/Summary:PDF Full Text Request
At present,the world is undergoing a period of economic transformation and major industrial restructuring.Both developed and emerging economies are actively seeking ways to transform and upgrade their economies and integrate their resources to achieve sustainable development.Since 2014,under the background of completing its own economic restructuring and industrial structure adjustment,a large number of listed companies in the merger and acquisition market have set up industrial merger and acquisition funds in the form of limited partnerships.As a new channel to obtain capital,M&A funds can not only solve the financing problem,but also solve the problem of industrial integration after M&A,so as to maximize the value of the company.The economic transformation and industrial upgrading of the medical industry can not be separated from the large amount of capital market investment.In recent years,more and more hospitals have achieved rapid expansion through mergers and acquisitions.As the first listed company of domestic private hospitals,er Ophthalmology,operating income in 2017 has been greatly improved,profits have grown rapidly,and the scale has grown significantly.This has a major relationship with the company's adoption of the industrial fund merger and acquisition model to improve the industrial layout.This paper is a typical example of the establishment of industrial merger fund through the Aier Eye joint investment institution.The full text is divided into four chapters.The first chapter is an introduction.It mainly introduces the background and significance of the research.The second chapter is mainly the case introduction,through the introduction of the medical industry and Ophthalmology,and then introduced the development history,development direction and business model of the Aier Eye company in detail,and finally,the participation of Aier Eye in the establishment of industrial merger fund activities in detail.The third chapter is mainly case analysis.Firstly,the motivation analysis of the listed companies 'establishment of industrial merger and acquisition funds is carried out in four aspects.Then,through the qualitative and quantitative analysis of the financial data before and after the establishment of industrial merger and acquisition funds,mainly through the financial indicators to reflect the establishment of industrial merger and acquisition funds on the performance of listed companies,The impact of non-financial on the value of the company's establishment of industrial merger funds on listed companies;Next,further analysis of the success of the completion of the Industrial Fund merger and acquisition of Aier Eye :analyze,summarize and sum up in detail from the choice of organizational form,operating mode and risk.The fourth chapter of case inspiration: to make a summary of this case,to use the key points of the industrial merger fund,so that the later listed companies through the industrial fund mergers and acquisitions to achieve economic transformation and industrial upgrading to provide some reference and reference.
Keywords/Search Tags:Industrial Fund, Leveraged Financing, Scale Economy, Resource Integration
PDF Full Text Request
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