A Study on Foreign Capital M&A of Agribusiness

• 作者: Juan XU
• 来源期刊: 亚洲农业研究：英文版
• 学科: 经济
• 关键词: FOREIGN CAPITAL M&A Agribusiness SCALE CHANGE INDUSTRIAL CHANGE
• 年，卷（期）: 2016,（7）
• 页码范围: 21-23
• 页数: 3页
• 分类号: F324

摘要

After joining the WTO,Chinese government has gradually fulfilled various promises,such as cancellation of restrictions on foreign capital share ratio,and opening up of foreign investment areas. There are new changes in foreign merchants’ direct investment in China,and it shifts from ' green investment' featured by high risk and long period of return on investment to cross-border M&A. Since Coca-Cola failed to complete M&A of Huiyuan Juice in 2009,people have paid close attention to foreign capital M&A of domestic agribusiness. New changes and features appear in both scale and industrial areas,and M&A incidents have mushroomed in the industries of meat processing,wine,dairy and beverage,and the related industries have become the hot areas of cross-border M&A. Through the study of M&A incidents in China’s agriculture-related areas in recent years,this paper aims to offer an overview of current foreign capital M&A of China’s agribusiness in terms of scale and industry.