目前我国杠杆收购的可行性分析

The Feasibility Analysis of Leverage Buy out in China

杠杆收购由于其支付购并价金的独特之处而被称为“核金融”,它使“小鱼”也可吃掉“大鱼”。杠杆收购目前在我国是否具有可行性 ?通过分析 ,笔者得出自己的结论 :目前在我国不具备杠杆收购的基本条件 。

Leverage buy out(LBO)is called the kernel finance for its unique pattern of paying money for merger and acquisition.Is it feasible to carry out LBO in China now?According to the analysis,the authors conclude that there is no basic condition for leverage buy out in China at present.But the macroeconomic conditions have been ripe.