论文部分内容阅读
十六大以后,经济界认定国企改革将有大动作,管理层收购正在成为与外资并购、民营企业收购国有企业并列的三大“国退民进”方式。伴随着越来越热的MBO浪潮,跨国金融机构、创投资本、国内券商、国内产业资本及民间游资开始大量介入MBO基金这一领域——向缺钱的管理层提供贷款,并和他们一起收购所在企业,不单可以收利息,而且可以获取股权增值带来的丰厚利润。
After the 16th National Congress of the Communist Party of China (CPC), the economic community has decided that the reform of state-owned enterprises will make a big move. Management buyouts are becoming the three major ways of “national withdrawal and entry into the country” with mergers and acquisitions by foreign-funded enterprises and the acquisition of state-owned enterprises by private-owned enterprises. Accompanying the growing MBO wave, multinational financial institutions, venture capitals, domestic brokerages, domestic industrial capitals and private finances began to plunge into the MBO fund area - lending to and managing shortfalls Where the company is acquired, not only can it receive interest, but also gain huge profits from the increase in equity.