-
In January 2019, this case was one of the many people who paid attention to the 2019 China Internet M&A case. ByteDance said: ByteDance has acquired part of the patent use rights of Hammer Technology to explore related businesses in the field of education.
Because the specific transaction involves confidentiality clauses, it is inconvenient to disclose. 2. Ant Financial's acquisition of WorldFirstAcquisition time: February 14, 2019WorldFirst is a British cross-border payment company with three main businesses:
International remittance, foreign exchange options trading, international e-commerce platform collection and settlement. From the perspective of business types and service groups, WorldFirst has relatively strong B-end service capabilities. By the end of 2018, WorldFirst had helped more than 50,000 Chinese customers overseas**.
This acquisition is of great significance to Alipay, the company behind Ant Financial, and will directly serve Alibaba Global.
What are the classic M&A cases in the past two years?
Classic M&A cases in the past two years: 1. ByteDance's acquisition of part of the patent use rights of Hammer Technology Time: January 2019This case is one of the many people concerned about in China's Internet M&A cases in 2019.
2. Ant Financial's acquisition of WorldFirstAcquisition time: February 14, 2019WorldFirst is a British cross-border payment company with three main businesses: international remittance, foreign exchange option trading, and international e-commerce platform collection and foreign exchange settlement.
From the perspective of business types and service groups, WorldFirst has relatively strong B-end service capabilities. By the end of 2018, WorldFirst had helped more than 50,000 Chinese customers overseas**. This acquisition is of great significance to Alipay, the company behind Ant Financial, and will directly serve Alibaba Global.
The first-tier and second-tier cities' ** business districts or central areas have huge passenger flows, and this acquisition may open up online and offline sales channels for Suning. Maigoo learned that after the completion of the acquisition, Suning Tesco and Wanda are also cooperating in the field of ** chain, Wanda Group provides offline resources for Suning, and Suning transforms the digital system of Wanda Department Store. 4. Ali's acquisition of NetEase Koala acquisition time:
On September 6, 2019, Koala started from mother and child, and has been focusing on cross-border import business for four years, forming a very senior and stable cross-border user group, which is a very good supplement to Alibaba's Tmall Global. Acquired by Ali this time, Kaola has received Alibaba's capital, traffic and ecological support, and can achieve more long-term development in the field of cross-border e-commerce.
What are the risks of Ali's acquisition of NetEase Kaola and how to regulate it.
The risk is that NetEase Koalas are not that valuable. Just think about it, many people went to koalas in the past, and one went to the brand NetEase, I believe there will be no fakes. After all, they are all bought overseas, and they will not be much worse.
Netease Koala has become Ali, then this part may be lost, after all, you go to Ali, Koala to Tmall, Haitao feels no different.
-
Summary. Not necessarily, you can write about the situation during the acquisition or after the acquisition is completed. However, if you want to write about the completion of the acquisition, you must describe in detail the situation of both parties after the completion of the acquisition, such as the income of the acquirer, the changes of the acquiree, etc.
Not necessarily, you can write about the situation during the acquisition or after the acquisition is completed. However, if you want to write about the completion of the acquisition, you must describe in detail the offsetting situation of both parties after the completion of the acquisition, such as the income of the acquirer and the changes of the acquiree.
You've done a great job! Can you elaborate on that?
M&A Case:Case:A company acquires another company:
A company acquires another company in order to expand its market share and improve its competitiveness. Why: The reason for acquiring another company may be to gain more market share, expand its business reach, improve its competitiveness, and gain access to more resources and technology.
Solution: Before acquiring another company, it is necessary to conduct comprehensive market research to understand the other company's financial status, operating conditions, market performance, etc., in order to determine the feasibility of the acquisition. Secondly, it is necessary to formulate a reasonable acquisition plan based on the actual situation of both parties to ensure that the interests of both parties are effectively protected.
Finally, it is necessary to establish an effective communication mechanism to ensure the smooth process of the acquisition of Zhengrang. Personal tip: When conducting M&A activities, it is necessary to fully consider the interests of both parties to ensure the smooth progress of the acquisition process and the sustainable development of the acquisition process.
At the same time, it is necessary to pay attention to the legal risks that may arise during the acquisition process, as well as the management risks that may arise after the acquisition, so as to ensure the success of the acquisition.
-
Cross-border mergers and acquisitions of Chinese enterprises are developing rapidly, and their scale and fields are constantly expanding. During the "Eleventh Five-Year Plan" period, the cumulative investment in cross-border mergers and acquisitions was nearly 94 billion US dollars, with an average annual growth rate of 35%. According to the calculation of the success rate of cross-border M&A in the world, the current global cross-border M&A success rate is about 25% from locking in the M&A target to negotiation, bidding, delivery, integration, and then to operating profit.
That is to say, from locking the target Friend's kernel to the success of the transaction, it can be about half; From closing to integration, and operating profitably, this is about half.
Shen Danyang said that the main reasons for the high success rate of cross-border mergers and acquisitions of Chinese enterprises are: first, Chinese enterprises as a whole are more cautious, lock fewer targets, and do not easily initiate acquisitions, and the success rate of the first stage can reach about 70% of the target projects that are locked in good mining; Second, most mergers and acquisitions occurred after the financial crisis in 2008, the cost of mergers and acquisitions was relatively low, and the integration after closing was generally smooth. Of course, there are still some M&A projects that are still in the integration period, and the success or failure is not yet certain.
We believe that the purpose of Chinese enterprises to carry out cross-border mergers and acquisitions is different, but they are all based on the decision-making results of their own global business strategy, and whether the company's business focus is domestic or overseas is not necessarily related to whether to implement cross-border mergers and acquisitions, but depends on their own development direction, market conditions, operating costs and other factors, and depends on how to achieve profitability. Shen Danyang said that we believe that such behavior is the business behavior of enterprises, and what should be done is to continue to strengthen policy promotion and service guarantees, guide enterprises to carry out overseas investment and mergers and acquisitions in an orderly manner, and improve the success rate of "going out".
-
The success rate of China's M&A cases is about 40%, which is higher than the global average of 25%.
1. Key points of the answer: (1) The company's practices violated the provisions of the labor law. Article 13 of the Labour Code provides: >>>More
Email me and give you details!
There is a lack of education on respect for life. "This leads our youth to disregard the lives of others, but also to their own lives. In addition to injuring people, killing people, including suicide. >>>More
From the case, you can see Xiao Su's personality: capable. Do things vigorously! Very expressive! This is mainly due to her recent graduation and lack of social experience! The main thing is that things are too sharp! >>>More
Xintiandi company produces two kinds of products: A and B. Variable costs such as materials and wages can be divided by product, and fixed costs such as depreciation can be allocated to both products in a fixed proportion. Production workers can be moved between the two products according to their tasks. >>>More