Mergers and acquisitions audit intensified nearly three months, the merger and reorganization of the 8l9840

The tighter audit mergers and acquisitions for nearly three months 79 company mergers and acquisitions abortion sina finance App: Live on-line blogger to guide you to say stocks contest 60 million mergers and acquisitions tighter audit nearly three months 79 company mergers and acquisitions "abortion" – reporter Sun Hua in recent years, mergers and acquisitions part of the listed companies has become an important means to realize the myth and profit growth in market capitalization. But since June 17, 2016, the Commission issued a revised "management measures" major asset restructuring of listed companies (hereinafter referred to as "the draft reorganization rules") since, although the "management measures" major asset restructuring of listed companies did not formally implemented, but it can be seen that the supervision of regulators tighter. Flush according to statistics, from June 17th to September 8th, the introduction of the draft for nearly 3 months, 79 companies have failed mergers and acquisitions. There are three main reasons for the failure of the reorganization: first, the Commission strictly mergers and acquisitions. This year, the Commission did not pass 16 mergers and acquisitions of listed companies audit. Among them, the state issued shares announcement. China Commission mergers and acquisitions of listed companies Audit Committee held the 2016 sixty-fourth meeting of mergers and acquisitions committee work on Beihai GOFAR marine biological industry Limited by Share Ltd to issue shares to buy assets matters for a review, according to the audit results, the company issued shares to buy assets matters not get through. "A major reorganization of assets supervision has two main purposes, one is to prevent the IPO system of arbitrage, inhibit malicious speculation shell or backdoor restructuring; two is the asset restructuring to improve transparency and compliance, to prevent the acquisition and merger valuation of assets subject to manipulation collusion, the maintenance of small and medium investors interests." Finance and Securities Institute of Wuhan University of Science and Technology, Dong Dengxin, said in an interview with the Securities Daily reporters. Second, subject to the reorganization of the new regulations". Since the reorganization of the new regulations issued, according to incomplete statistics, there are about 45 listed companies to terminate the restructuring initiative. For example: the sun shares July 13th announcement that, according to the latest regulatory policy of a major asset restructuring of listed companies, the original restructuring plan is expected to constitute the "management measures for major asset restructuring of listed companies" (Draft) the provisions of article thirteenth of the restructuring and listing, the subject of the transaction in accordance with the need of "IPO and listing management approach provisions" the conditions of issue, to continue to promote the existing programs to bring substantial obstacles, protect the company from the interests of all shareholders and the company’s point of view, after careful study, decided to terminate this major asset restructuring. Third, the acquisition of the underlying performance of the company can not meet. For example: Tianyin holdings announced that in August 12, 2016, due to the large changes in the objective situation macro market environment and policy, the major asset restructuring of the target company in 2016 semi annual performance is not up to expectations, continue to promote this major asset reorganization will face great uncertainty. In order to protect the interests of listed companies and the majority of investors, the parties agreed by the parties to the transaction, the parties decided to terminate this major asset restructuring. Important theory相关的主题文章: