论杠杆收购及其风险防范

Comment on Leveraged Buy-out and It's Risk Precaution

杠杆收购具有高收益、高负债、高风险、高效率性以及收购公司不负担投资义务等特点。杠杆收购中存在还本、再筹资并购、支付成本、财务、信息等风险。在杠杆收购中应制定控制防范措施,重视杠杆收购目标企业的选择;采用科学的方法进行杠杆收购的估价评价;合理确定杠杆收购筹资的财务模式与重整和上市,以此对风险进行防范。

Leveraged buy-out is very popular in western society,now it is also very important in our country.This article introduces what is leveraged buy-out.With the development of the company,it needs more opportunities to enhance its strength,leveraged buy-out is one of the presents four aspects to take the precautions of leveraged buy-out risks.