Research on Chinese Financial Enterprises' Overseas Acquisitions Based on a Case Study

摘要

The global financial crisis has left many western financial institutions severely weakened, providing a great opportunity for China's financial enterprises to become more global through overseas acquisitions. However, there is an urgent topic that need us to study on how to seize opportunities, how to make strategic development plan of overseas investment in a rational way. This paper uses of case study method, focuses the Ping An Insurance (Group) of China purchased the Netherlands - Belgian Fortis Group, analyzing the forming process and reasons about this acquisition of failure from the gain of acquisition information, selection of acquisition target, judgment of acquisition decisions and the investment risks, etc.. At the same time, from overall strategy of China's national development, specific lessons will be given for China's financial enterprises. They must draw lessons in the failure, consider their own characteristics, formulate clear and feasible internationalization strategy. They should based on the rules of spreading risks and seeking long-term stable development, correctly judge economic and financial situation, prudently choose M&A partner, reasonably avoid risk, rationally "going global".