Research On M & A Risk Evaluation Model Based On B Company Merged D Company

With the development of the global economy,it is increasingly dependent on technology and elite talents.M & A has become an important means for enterprises to expand their own scale,improve product structure and competitiveness.At the same time,it is an important way to obtain high-tech resources and optimize the allocation of resources.Under the encouragement of policies,M & A cases are constantly emerging in China.Since 2019,novel coronavirus pneumonia has been affected by the global economy,and the M & A market has also been hit.Since 2020,the domestic M & A market is warming up,and enterprises tend to rely on M & A to achieve the goals of scale expansion,technological innovation and sustainable development.Successful M& A may increase the value of enterprises,but the failure rate of M & A cases is also high.Therefore,the market should consider how to improve the efficiency,actively deal with the risks,and make correct decisions for the practice of M & A.In this paper,the company B acquired company D in 2019 by issuing shares and paying cash at a premium rate of 207%.In order to evaluate and control the risk of M &A more objectively and accurately,and improve the efficiency of M & A,this paper makes an in-depth analysis of the case and risk of B company’s M & A of D company,so as to understand the M & A plan and risk causes.Based on the case,the risk evaluation model of M & A is constructed by AHP and fuzzy comprehensive evaluation method.The risk of M & A is quantified in three levels,reflecting the degree of risk and ranking the risks.The model is applied to the M & A case of company B,the risk level of M & A risk is medium,and the key risk points of the M & A case are sorted out,and effective risk control suggestions are put forward for company B.Finally,this paper summarizes the operability of the model and the accuracy of the results,and analyzes the applicability and limitations of the model.Then,it puts forward the safeguard measures for the application of the model from three aspects: improving the laws and regulations of the M & A market,improving the professional competence of the M &A,team members and accelerating the development of enterprise information technology.