过去五年里,企业合并急速增长。然而,不同于之前的合并浪潮,新兴市场的公司正发挥着日益重要的作用。事实上,全球控股收购的数量增长了6%,而新兴企业收购老牌公司的年增长速度则高达26%。虽然这些收购的动机有别于传统的并购活动,但不容置疑的是,新兴竞争对 In the past five years, business mergers have grown rapidly. However, unlike previous mergers, companies in emerging markets are playing an increasingly important role. In fact, the number of global controlled acquisitions increased by 6% while emerging companies’ acquisitions of established companies grew at an annual rate of 26%. Although the motivation for these acquisitions is different from the traditional M & A activities, but undoubtedly, emerging competition