“上市公司+PE”并购基金在跨境并购中的应用研究——以木林森收购朗德万斯为例.pdf

云9、:两两＞ 个丛严个丛 于云丛； 亮丛 乐个 88 9+PE” 丛 丛个 京9+PE :个 个9+PE : 个 、]“ +PE”个 于“+PE” 9+PE”个丛 书》 于 个 “+PE” I Abstract With the building of the Belt and Road, more and more Chinese companies have gone abroad to seek opportunities for business expansion. However, with cross-border MA becoming a new appeal to Chinese enterprises, various problems appears subsequentlyespecially financing difficulties fettering the pace of overseas merger and acquisition. At the same time, the domestic private equity industry is blooming, buyout funds gradually becoming a new force in promoting the development of cross-border MA. The domestic buyout funds started late but developed quickly. Until now, it has formed a unique type of buyout fund with Chinese characteristics-- Listed Company + PE. This innovative model of fund structure is very flexible and has the advantage of integrating industrial capital and financial capital. And the frequency of using it is getting higher and higher. Firstly, this paper reviews the domestic and foreign theoretical research on buyout funds which laying a theoretical foundation for the application research of listed company +PE buyouts in cross-border merger and acquisition. Then it introduces relevant theories of MA and analyzes the application status of Listed Company +PE buyout funds in market. Thirdly, combined with the case of acquisition o