全球并购风潮分析

An analysis of the tide of global mergers and acquisitions

本文通过列举通信业、银行业、汽车业等代表行业的重大并购案例 ,分析近年全球并购风潮的演变轨迹、发展动向及态势 ,阐述目前影响并购风潮发展的主要经济、政策等环境因素及促成并购重组的基本动因。同时 ,通过兼并与分散经营的比较 ,揭示并购的时机选择及多层面战略 。

The article is devoted to an analysis of the development of the global Mergers & Acquisition(M&A),its trend and situation,and expounds the main economic and political environmental factors that influence the development of M&A.and the fundamental causes of the reorganization and M&A in enumerating a few significant cases of M&A in such represent ative industry as telecommunications,banks and automobiles trade.At the same time,through the comparing between M&A and decentralized operation,it proposes the proper timing and multi-dimension strategy of M&A,and enlightens the M&A operation of the Chinese enterprises.