Learn about mergers, acquisitions, and corporate restructuring in this comprehensive Chinese language course covering fundamental concepts, strategic motivations, and practical implementation. Explore due diligence processes, transaction structure design, valuation methods, and post-merger integration strategies. Master the principles of corporate control, including both defensive and offensive tactics, while understanding various restructuring approaches like asset divestiture and expansion. Examine how industry life cycles and macroeconomic factors drive M&A activities, and develop skills in risk management and deal execution. Through seven detailed chapters, gain practical knowledge about selecting acquisition targets, choosing payment methods, financing options, and implementing successful post-merger integration strategies. Includes live sessions and final examination to reinforce learning of both theoretical frameworks and real-world applications in corporate restructuring.
Overview
Syllabus
- 课程导入
- 第一章:并购动机
- 1.1 公司并购基本概念
- 1.2 积极的公司并购动机
- 1.3 非积极的公司并购动机
- 1.4 不同类型的并购动机
- 1.5 行业生命周期与并购动机
- 1.6 驱动并购的宏观经济因素
- 第二章:并购尽职调查
- 2.1 什么是尽职调查?
- 2.2 尽职调查的内容
- 2.3 进行尽职调查的挑战
- 第三章:交易结构设计
- 3.1 什么是交易结构设计的原则与内容?
- 3.2 如何选择并购主体?
- 3.3 如何筛选并购目标?
- 3.4 收购形式的选择
- 3.5 如何选择付款方式?
- 3.6 如何选择融资方式?
- 3.7 如何选择交易程序?
- 3.8 如何控制交易风险?
- 3.9 “善意”并购与“恶意”并购
- 第四章:并购对价估值
- 4.1 并购对价估值概述
- 4.2 现金流折现分析法
- 4.3 可比公司估值法
- 4.4 可比交易估值法
- 4.5 其他估值方法
- 第五章:控制权设计与争夺
- 5.1 如何获得控制权?
- 5.2 如何保卫控制权?- 事前防御策略
- 5.3 如何保卫控制权?- 事后防御策略
- 第六章:交易后整合
- 第七章:其他企业重组方式
- 7.1 什么是企业重组?
- 7.2 资产剥离型企业重组
- 7.3 资产增加型企业重组
- 课程总结
- 期末考试
- 【直播专栏】
Taught by
Yao Lu and Jia Yang