Financial Risk Analysis Of Transnational M&A Of Enterprises

With the development of China's economy and free trade,and with the policy support of "The Belt and Road" and "Made in China 2025" strategy,China's enterprises are constantly looking for opportunities for overseas development,opening up overseas markets through cross-border mergers and acquisitions,integrating new technologies and new ideas and finding new development points.In recent years,the cases of cross-border M&A of Chinese enterprises,especially those of manufacturing enterprises,are also more than ever before.We are very pleased to see that Chinese enterprises are constantly upgrading their industries and making efforts to expand domestic and foreign markets,and have also gained results.But the problems behind the harvest also have to arouse our attention.In the case of cross-border mergers and acquisitions,many enterprises fail to deal with the risks in the process of mergers and acquisitions,which leads to mergers and acquisitions and even more serious problems.Among them,financial risk is a problem that can not be ignored.This paper holds that the analysis of financial risks in transnational mergers and acquisitions will be clearer according to the process of transnational mergers and acquisitions.Starting from the four types of risks,namely,pricing risk,financing risk,payment risk and integration risk,the paper expounds the characteristics and causes of the four types of risks,and how to analyze and control the financial risks in transnational mergers and acquisitions.In recent years,In recent years,Midea M&A Kuka is one of the cases with large transaction quota and M&A scale in Sino-German M&A cases.Taking it as an analysis case,according to the time sequence of four types of risks,we measure and analyze the performance and control effect of Midea in controlling financial risks.It is hoped that this study can provide some thoughts for the financial risk control of the later cross-border M&A of Chinese enterprises.In order to reduce the probability of risk occurrence and promote the vigorous development of cross-border M&A.