How to deal with the monetary funds of the acquired company?
When a company is acquired, the monetary funds generated by the company are generally due to one of the contents of the acquisition, and how to deal with the monetary funds depends on the acquisition agreement signed by both parties.
Measures for the Administration of Acquisition of Listed Companies
Article 3 The acquisition of listed companies and the changes of relevant shares' rights and interests must follow the principles of openness, fairness and impartiality.
The information disclosure obligor in the acquisition of a listed company and the change of relevant shares' rights and interests shall fully disclose their rights and interests in the listed company and their changes, and perform legal obligations such as reports and announcements in strict accordance with the law. Before the relevant information is made public, it is obliged to keep it confidential.
The information reported and announced by the information disclosure obligor must be true, accurate and complete, and there shall be no false records, misleading statements or major omissions. Why did the regulatory authorities shoot? Why did you choose these companies?
In fact, what is hidden behind is the concern about the "storm" of overseas mergers and acquisitions of China enterprises represented by Wanda, Hainan Airlines, Fosun and Anbang, and the potential risks arising therefrom.
According to statistics, in 20 16, China enterprises have published 438 overseas investment M&A transactions with available information, an increase of 2 1% compared with 363 transactions in 20 15, and the cumulative published transaction amount is $2 15.8 billion, compared with 201. The direct result of this is a sharp drop in foreign exchange reserves. China's foreign exchange reserves fell all the way after reaching a high of $39,932 1 300 million in June of 20 16, and by the end of 20 16, they had shrunk by nearly $0/1 trillion. It is also from the end of 20 16 that the capital outflow accompanied by overseas mergers and acquisitions has become the focus of attention.