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大部分问题的根源在于交易后的整合期缺乏良好的规划和管理并购到底能给企业带来多少回报？其实它并不像人们想象中的那样有利可图。毕马威的调研结果恰恰验证了翰威特的这一观点。该会计事务所的一项针对上个世纪90年代150个金额超过5亿美金的并购案的调研发现,30％的并购企业在并购后收益严重减少, 20％收益减少,33％只取得了一些边际效益,只有17％的并购企业在并购后取得了明显的增值效应。
The root cause of most problems is the lack of good planning and management of post-trade integration. How much return can M & A bring to the business? In fact, it is not as profitable as people think. KPMG’s findings validate this view of Hewitt. A survey by the accounting firm of 150 mergers and acquisitions of more than $ 500 million in the 1990s found that 30% of M & A companies experienced a dramatic drop in earnings, a 20% decrease in returns, and only 33% Marginal benefit, only 17% of M & A enterprises have achieved significant value-added effect after the merger.