Acquisitions of Existing Operations
收购现有业务
Firms frequently acquire other firms in foreign countries as a means of penetrating foreign markets. Acquisitions allow firms to have full control over their foreign businesses and to quickly obtain a large portion of foreign market share.
公司经常收购外国的其他公司,以此作为渗透国外市场的一种手段。收购使公司能够完全控制他们的外国业务,并迅速获得很大一部分外国市场份额。
An acquisition of an existing corporation is subject to the risk of large losses, however, because of the large investment required. In addition, if the foreign operations perform poorly, it may be difficult to sell the operations at a reasonable price.
然而,由于需要大量投资,收购一家现有的公司会面临巨额亏损的风险。此外,如果国外业务表现不佳,可能很难以合理的价格出售业务。
Some firms engage in partial international acquisitions in order to obtain a stake in foreign operations. This requires a smaller investment than full international acquisitions and therefore exposes the firm to less risk. On the other hand, the firm will not have complete control over foreign operations that are only partially acquired.
一些公司为了在国外业务中获得股份而进行部分国际收购。与完全的国际收购相比,这需要更少的投资,因此公司面临的风险更小。另一方面,该公司不会完全控制只被部分收购的外国业务。
点击下方阅读原文
分享和转发是最大的支持, 点个在看
发表评论