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“China M & A Annual Meeting of 2009 (seventh)”held in Beijing
- China Aluminium Network
- Post Time: 2009/6/24
- Click Amount: 480
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June 23, 2009，Sina: “China M & A Annual Meeting of 2009 (seventh) " is held in Beijing. The theme of this annual meeting is a new international economic order - mergers and acquisitions create value.
the insiders believes that facing the international financial crisis, the cross-border M & A will be the inevitable choice of the Industry Chain of China', but the failure of some cases of cross-border M & A reflects the political, cultural, and legal barriers encounter by the Chinese-funded enterprises in the process of going out. So in the future， cross-border mergers and acquisitions should take the private enterprises as the breaking point, and the Government should increase the overseas M & A financing support of the enterprises, especially private enterprises.
In addition, the headquarters of MMG Company has declared its establishment in Melbourne, Australia. This company is wholly-owned by the Minmetals Nonferrous Metals Co., Ltd, which under the control of China Minmetals Corporation. Its establishment symbolizes that China Minmetals Corporation has finished the delivery of certain assets of the acquisition of Australian mining company OZ. Sina believes that our country should support Chinese enterprises to develop in out broad, not only the state-owned enterprises, but also private enterprises should be strongly supported Source: sina
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