Research on the Cross-border M&A

Abstract

Nowadays, the world economy deteriorates due to the epidemic, but this crisis can be an opportunity for some crossborder mergers and acquisitions. To promote the success rate of Chinese enterprises' M&A with French enterprises and provide a reference for Chinese enterprises, this paper first analyzes the current M&A environment in France by introducing the opportunities and challenges. After that, it briefly introduces two cases of Chinese enterprises merging with French enterprises and surveys the success and failure cases of Chinese enterprises merging with French enterprises. Then, it contrasts the reasons for success and failure from specific aspects and draws relevant revelations. Finally, the paper brings forward proposals on cross-border mergers and acquisitions in the aspects of M&A timing, capital, cultural integration, and personnel integration.