Risk Analysis and Preventive Measures of Enterprise Merger and Acquisition

A Case Study of Suning Tesco's Merger and Acquisition of Carrefour

Authors

  • Pei Wu
  • Bulei Yu

DOI:

https://doi.org/10.54097/fbem.v10i2.10523

Keywords:

Merger and acquisition, M & a motivation, M & a risk, New retail.

Abstract

With the rapid development of the "Internet +" economy, the retail industry began to adjust the traditional business model in line with the development of The Times, and accelerated the deep integration with the Internet through the integration of resources. In this context, the "new retail" era has officially arrived, compared with the traditional retail industry, the new retail model through the combination of online and offline services to achieve intelligence, precision, product quality, and personalized, retail growth has become a breakthrough point, because of this major retail enterprises have in the new retail format of mergers and acquisitions. Based on this background, this paper takes Suning Tesco's cross-border merger and acquisition of Carrefour as an example, and combines the historical background of new retail to study its merger motivation, merger risk and put forward relevant suggestions. By summarizing the problems existing in the process of enterprise merger and acquisition and merger experience, the study has certain objective and realistic significance.

Downloads

Download data is not yet available.

References

Zhang Xiaoqing, Yang Jing, Duo Yingxue. Innovation Path of new retail formats driven by the "Wheel of New retail" [J]. Business Economics Research,2018(19):52-55.

[Fang Jing, Huang Xin. Consumption driver and evolution path of new retail under omni-channel background [J]. Business Economics Research,2019(12):12-15.]

Zhao Shumei, Xu Xiaohong. The meaning, model and development path of "new retail" [J]. China Circulation Economy,2017,31(05):12-20.

Wang Baoyi. The essence, causes and practice trend of "new retail" [J]. China Circulation Economy,2017,31(07):3-11.

Wang Ruiyu. Research on industry evolution, M&A Motivation and M&A performance evaluation of China's home appliance industry [D]. East China University of Science and Technology,2018.

Mark L. Mitchell and J. Harold Mulherin. The impact of industry shocks on takeover and restructuring.activity [J]. Journal of Financial Economics, 1996, 41(2): 193-229.

Liu Yunguo, Li Siqi, Liu Yang. Research on the motivation and effect of overseas mergers and Acquisitions of Chinese hotels -- A case study of Jinjiang Stock's merger and acquisition of Lufu Hotel [J]. Journal of Finance and Accounting,2018(34):3-9+129.

Xie WW, Ye CY, Wang T. M&A goodwill, information asymmetry and stock price crashrisk[J]. Multinational Business Review, 2020, 33(01): 3385-3405.

Zhu Siqi. Identification and evaluation of financial risk in transnational mergers and Acquisitions [J]. Finance and Accounting Learning, 2021(12) : 49-50.

Li Bingxin, Chen Zhangying, YE Baijia. Research on the risk of continuous cross-border M&A [J]. Enterprise Reform and Management, 2021(02) : 3-4.

Zhang Jingbei, Yang Feng. Study on the risk of cross-border mergers and acquisitions of Chinese Private enterprises and its countermeasures [J]. China Management Information Technology, 21, 24(19) : 104-105.

Han Zhiqing, Wang Hui. Analysis on the logic and path of Related merger and Acquisition affecting financial risk [J]. Finance and Accounting Monthly, 2021(05) : 27-31.

Hu Guifen. Analysis of enterprise merger and acquisition integration risk and countermeasures -- taking Enterprise B as an example [J]. Business News, 2020(31) : 5-6.

Li Mengqi. Influencing Factors of Chinese enterprises' overseas M&A [J]. Journal of Shanxi University of Finance and Economics, 2021(S1) : 21-27.

Downloads

Published

14-08-2023

Issue

Section

Articles

How to Cite

Wu, P., & Yu, B. (2023). Risk Analysis and Preventive Measures of Enterprise Merger and Acquisition: A Case Study of Suning Tesco’s Merger and Acquisition of Carrefour. Frontiers in Business, Economics and Management, 10(2), 54-59. https://doi.org/10.54097/fbem.v10i2.10523