What is the impact of M A on stock prices? What is the impact of mergers and acquisitions on stock p

Whether M&A is bad or good depends mainly on the following aspects. 1. The merger and acquisition of enterprises is to integrate the relevant industries or upstream and downstream enterprises of their main business. If it is a cross-border M&A, generally speaking, it is not a good thing, because the capital market may not be optimistic about the areas that the M&A company is not good at; Second, if the goodwill is too high because of mergers and acquisitions, capital market investors may also vote with their feet; 3. After the merger and acquisition, if the merger and acquisition enterprise cannot digest the acquired enterprise well.

Then investors in the capital market are likely to sell**. Therefore, whether M&A is good or bad for investors should be analyzed on a case-by-case basis.

Once a ** is to be closed and reorganized, it is generally good.

However, the good depends on whether the reorganization is successful, as long as the reorganization is successful, it is a huge benefit, but if the reorganization fails, it is bad for **.

and will be suspended for a period of time.

First, mergers and acquisitions are good or bad

The merger and reorganization refers to the splitting of shares, mergers, capital reductions and name changes, generally speaking, the reorganization of listed companies will have a certain impact on its stock price.

If the first restructuring is successful, it is a good news, especially after the restructuring of listed companies, the introduction of some high-quality institutional investment, so that the fundamentals of the enterprise.

If it improves, it will attract investors** in the market and drive the stock price**.

If the listed company fails to restructure for some reason during the restructuring period, it is a kind of bad news, which will cause investors in the market to panic, throw out the chips in their hands, and increase the power of the bears in the market, resulting in a continuous decline in stock prices.

In short, the outcome of the restructuring operation of a listed company is uncertain, and investors need to pay attention to market information.

2. Form of mergers and acquisitions

According to the asset restructuring of listed companies in China.

In general practice, mergers and acquisitions of listed companies can be summarized into four main forms: mergers and acquisitions, hidden transfer of equity, asset stripping and asset replacement.

1. Mergers and acquisitions. Commonly known as mergers and acquisitions.

It can not only integrate the internal and external resources of the enterprise, but also produce scale effect.

Reduce market transaction costs and expand market share.

It can also adopt a diversified business strategy to reduce business risks.

2. Equity transfer. Equity transfer refers to the acceptance of part of the equity of the listed company by the acquiring company in accordance with the Equity Transfer Agreement, thereby becoming a shareholder or even a controlling shareholder of the listed company.

acts. 3. Asset divestiture. Divestiture is the separation of the non-productive and non-operating assets of the listed company from the listed company's entity, which is generally borne by the parent company of the listed company.

This is one of the most commonly used methods to increase the profits of listed companies, mainly to strip the non-performing assets of listed companies and transfer them to the parent company or other subsidiaries of the parent company.

4. Asset replacement. Asset swap refers to the exchange of assets between listed companies and other companies to improve asset quality. In the China** market, this type of transaction mainly occurs with related parties.

This is a common means for listed companies, especially some listed companies whose main business is loss-making or in trouble.

After the reorganization, most of them will**, but not necessarily. After the reorganization, it is equivalent to a change in the company, which can be understood as a new stock listing. It's just that the customer who won the lottery has become an old customer who holds shares before the reorganization.

If this restructuring is expected to be released long before the suspension, then the probability of a surge after the restructuring is very low, and the probability of a large ** box is higher, such as 360. If the resumption of trading after the suspension releases the news of restructuring, then it will definitely skyrocket.

Due to the scarcity of restructuring, it is more well-known and attractive than new stocks, so even if it does not skyrocket, it will be in the box in the short term, and it is almost impossible to unilaterally, but it is difficult to say in the long term.

We must first understand a basic principle: ** vote is the expectation of speculation, speculation of the future, speculation of development。And then why should the company be restructured.

Asset restructuring refers to the rational division and structural adjustment of the assets and liabilities of the original enterprise when the enterprise is reorganized into a listed company, and the reorganization and setting of the assets and organization of the enterprise through merger and division. To put it simply, if a listed company fails, in order to survive the enterprise, it is necessary to find a rich person to cooperate; Or in order to protect the expansion of scale and increase efficiency, the listed company expands the industry, absorbs and merges the same company, or enters new fields for the long-term development of the company. This is also an essential function of the capital market.

If a listed company as a whole is absorbed and merged by other companies, and its main business is transferred to a new company, it is called a backdoor listing.

After the restructuring of the enterprise, it will generally inject or absorb high-quality assets, so that the company's efficiency has been greatly improved, the performance has increased significantly, and even the loss has directly changed into excellent growth stocks, which will make the funds in the company's good expectations have ** the stock, resulting in a sharp rise in stock prices。At the same time, the main force may intervene in advance to complete the absorption of chips before the restructuring, and directly pull up the stock price after the restructuring.

Whether it is an emerging market or a mature market, whether it is domestic or overseas, whether it is in the past, present or future, restructuring is an eternal theme!

After the merger and acquisition of two strong companies, or one of the companies can drive the development of the other company, or the two companies become stronger after the merger, etc., in this case, the stock price will be ** after the merger and reorganization.

The profitability of the M&A company is very strong, and the company's stock price will be the best at this time, and the stock price can also reflect the company's profitability.

I don't know this very well, because I don't usually be very interested in these things, and I don't know much about them, so I don't know either.

1. The conceptual significance of mergers and acquisitionsMergers and acquisitions generally refer to mergers and acquisitions. Merger — Also known as absorption merger, two different things merge into one for some reason. Refers to two or more independent enterprises that merge to form a single enterprise, usually by a dominant company absorbing one or more companies.

Acquisition — A business buys another business** or assets for cash or for a value in order to gain ownership of, or control of, all of the assets of the business or an asset.

2. How mergers and acquisitions affect stock pricesFor listed companies, first of all, if the finances of the acquired company are included in the statements of the listed company, it can enhance the market's expectations for the listed company, thereby affecting the company's stock price. Secondly, some listed companies have relatively low PE valuations, and mergers and acquisitions of companies with high current PE valuations can increase the market's valuation of the company.

Mergers and acquisitions can affect a company's share price. The specific impact is as follows:

1. Rumors of mergers and acquisitions will affect ****, resulting in;

2. There will be a **** situation before the announcement of the merger and acquisition;

3. Other impacts.

[Legal basis].Article 172 of the Company Law of the People's Republic of China.

A merger of companies may be adopted by absorption or by merger.

The absorption of another company by one company is a merger by absorption, and the absorbed company is dissolved. The merger of two or more companies to create a new company is a new merger, and the parties to the merger are dissolved.

The 170th paulownia stool pin three.

In the case of a merger, the parties to the merger shall sign a merger agreement and prepare a balance sheet and a list of assets. The company shall notify the creditors within 10 days from the date of making the merger resolution and make an announcement in the newspaper within 30 days. Within 30 days from the date of receipt of the notice, and within 45 days from the date of announcement if the creditor does not receive the notice, it may request the company to pay off the debts or provide corresponding guarantees.

Article 174.

When a company merges, the creditor's rights and debts of the parties to the merger shall be inherited by the surviving company or the newly established company after the merger.