Research On Transnational M&A Risks

On November 30,2016,Apex completed a cross-border merger and acquisition project with Lexmark International,which has caused widespread concern and discussion in the industry.Once competitors in the two industries chose to join hands,compared to Lexmark International.Apex can only be considered as a rising star,but this successful “snapping elephant” cross-border M&A drama provides a better direction for the future development of Chinese companies.The merger of the two printer competitors is in line with the development of the current industry.The trend has promoted the integration of resources and is a milestone in the sustainable development of printer supplies.However,in the process of cross-border mergers and acquisitions,there are risks in terms of development strategy,resource integration,and financing management.After the cross-border mergers and acquisitions,financial risks still exist.Therefore,understanding the financial risks in the process of cross-border mergers and acquisitions and careful selection of cross-border mergers and acquisitions can help The enterprise achieves better development.This article analyzes this point of view,in-depth discussion of cross-border M&A financial risks in the printer consumables industry,and can provide some references to cross-border mergers and acquisitions activities in the rapidly growing field,thus helping companies to better avoid financial risks of cross-border mergers and acquisitions.This article takes Epic's acquisition of Lexmark International as a research case,combines the relevant concepts and theories of cross-border mergers and acquisitions and financial risk management,analyzes the background and motivation of cross-border mergers and acquisitions projects,and further explores the valuation risk of Apex's acquisition of Lexmark International.,financing risks and integration risks,and propose corresponding risk control strategies.After the international cross-border M&A of Apex and Lexmark International,the new company's comprehensive competitiveness has been greatly improved,and the operating costs have been greatly reduced,which has ensured the profitability of the new company,and the two companies' cross-border M&A initiatives have achieved better results.Good results.I hope that I can do my best for the development of cross-border M&A related theories in the future.The innovation of this paper lies in a detailed analysis of the successful transnational mergers and acquisitions of the two giants in the printer consumables industry,guided by the milestone events in this industry,and providing references for China's current and future cross-border M&A risk theories.