Failure rate of acquisition of Chinese enterprises

ch11658092

Huawei
337 cross-border mergers are still being suppressed to avoid

data show that over the past two years, the failure rate of cross-border acquisitions of Chinese enterprises highest in the world. Intellectual Property Rights Experts point out that the Western countries under the pretext of national security, trade protection of the real line will be more cases, which, on the one hand China is to strengthen legislation and enforcement; the other hand, as soon as possible to eradicate transnational corporations from legal super-national treatment.
American companies set to triple China's defense

1.
mainly for general merchandise, through the . Similar cases, the southeast coast of many companies have encountered.
2. Use of intellectual property means.
such as the United States, 301 and 337. In recent years, the United States expand the enterprises.
3. By means of national security review.
in the Such as Huawei and clover trade case, its essence is Huawei avoided the
Recently, Huawei in the prosecution of infringement proceedings Motorola won an initial victory, inspired the industry. But one can not hide the fact that: In recent years, with Huawei as the representative of Chinese enterprises to go out when the often blocked, especially those involving high technology and energy acquisition, and return most of the failures of Chinese enterprises, but also make people confused .
Huawei M & A and then frustrated

few days ago, Huawei under pressure, gave up on the U.S. Clover Corporation (3Leaf) the acquisition, which is blocked in recent years, Huawei The case of more than one cross-border mergers and acquisitions, which is in the While the data show that over the past two years, the failure rate of cross-border acquisitions of Chinese enterprises highest in the world.

Xieming Dun said the U.S. Committee on Foreign Investment required to purchase Huawei's revocation of the patent U.S. small technology companies and products, and Motorola have recently Huawei's patented technology may be sold to Nokia Siemens, the surface of these two what is the legal dimension, reflects the underlying process in the rise of China, Sino-US high-tech industries in the interests of the two countries on the game, the core is still the industrial interests, rather than individual equities.
outside the barrier may be increased

He believes that the acquisition of Clover companies like Huawei failures will occur, because the U.S. high-tech enterprises in China to prevent and suppress will not change, do not expects the acquisition will be able to use the twelve knock on the door of the United States. With the increasingly rapid pace of going out, Chinese enterprises face of these non-trade barriers may be more and more.
Chinese enterprises to multinational

M & A failures

2005, the CNOOC price of USD 18.5 billion kicked off the biggest acquisition of U.S. oil company Unocal, with the iron snow Dragon Company tug of war,[link widoczny dla zalogowanych], the U.S. government intervention case, the final withdrawal of the acquisition.
2007, Huawei and Bain Capital tried to 2.2 billion joint acquisition of 3Com company, but U.S. concerns about national security and abortion.
2009 years,[link widoczny dla zalogowanych], Rio Tinto aluminum and 19.5 billion Australian dollars,[link widoczny dla zalogowanych],
2010, Tencent bid for the originator of the global ICQ instant messaging failure.
2010, the United Ghana National Petroleum CNOOC bid 50 billion dollars, bid for 23.5% of Ghana's Jubilee field equity deal to fail.
2010 years, of the Group and Singapore's Temasek, together with about 500 billion acquisition of Canadian potash plan to fail.
2010, Huawei bid for Motorola's business failed, was lower than the Huawei Nokia Siemens to offer 12 billion acquisition of success.
expert advice

super-national treatment to eradicate transnational corporations

2010 enterprises in overseas investment in China reached 59 billion U.S. dollars, of which 40% through acquisitions, but China's enterprises in overseas mergers and acquisitions also encountered a number of countries affected by the so-called resistance on national security grounds. Experts believe that China should draw lessons repeatedly blocked, there is still a long way to go.
Xie Mingdun proposals on the one hand, China's domestic intellectual property law in particular, to strengthen legislation and enforcement, and strengthen intellectual property protection and independent innovation, and do not let the Western countries deliberately looking for an excuse. On the other hand as soon as possible to eradicate from the legal super-national treatment of multinational companies, domestic enterprises and foreign enterprises, to be fair to use intellectual property law, antitrust and review system, in particular the United States the corresponding industries and businesses, for example, purchase of high-tech industry mergers, etc., for Chinese enterprises in foreign countries to create conditions for fair treatment.
also suggested that the Chinese government and companies need to work to carry out active communication, commitment to greater social and environmental responsibility, compliance and mergers and acquisitions in overseas investment, and resolve each other's fears and resistance.

Huawei have also stressed that the U.S. Court of impartial adjudication of cases of infringement of Motorola, Huawei has long been not only extensive business with U.S. companies and the basis for cooperation, and also makes them more confident in the future continue to increase investment in the United States.
data

internationally renowned financial data provider Dealogic released data show that cross-border acquisitions of Chinese enterprises in 2009 the failure rate (cross-border transactions that have been declared to be withdrawn, rejected or the ratio of left to its expiry) was highest in the world, reaching 12%; in 2010, this ratio dropped to 11%, but still the highest in the world. In contrast, the U.S. and British companies in overseas acquisitions in 2010 the failure rate was only 2% and 1%.

(This article Source: Dayang - Guangzhou Daily Author: Xue Song)
相关的主题文章：

China Telecom, the industry's exposure to the 3G n

[link widoczny dla zalogowanych]

[link widoczny dla zalogowanych]