How to win a takeover battle: the case of Fosun's purchase of Club Med. The difficulties faced by Chinese companies in overseas M&As. Issue 9 (12th September 2016)

• Record Type: Journal Article
• Authors: Wang, Ruohan; Wu, Yizhou
• Is Part Of: Strategic direction. Volume 32:Issue 9(2016)
• Page Start: 36
• Page End: 38
• Publication Date: 2016-09-12
• Subjects: Chinese investors -- Club Med -- Fosun -- Overseas M&As -- Takeover battle; Management -- Periodicals; 658.4005
• DOI: 10.1108/SD-06-2016-0087
• Languages: English
• ISSNs: 0258-0543

Abstract

Abstract : Purpose: This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach: This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings: In an international merger and acquisition, the merged company often faces many difficulties. If we look into this case, China's Fosun took many measures to conquer barriers and set a solid foundation: aligning the strategy of the company, choosing the allies, understanding local legal system as well as taking special measures concerning the real conditions. These together raise the possibility for Chinese companies to overcome international challenges. Practical Implications: The paper provides strategic insights and practical thinking that have influenced some of the world's leading organizations. Originality/value: The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.