零售业外资并购内资 消化阵痛期有多长（How long is the digestion period of foreign capital merger and acquisition in retail industry）.doc

零售业外资并购内资 消化阵痛期有多长（How long is the digestion period of foreign capital merger and acquisition in retail industry） 2010-3-10 China Fashion Brand Network After the first round of expansion of the Happy enclosure of retail industry, merger and acquisition integration is regarded as the most effective mode of expansion in the retail industry. WAL-MART for three years in the integration of trust mart, operation Department, human resources department, administrative department, the public affairs department and other departments have basically completed the integration level, it has not yet been completed the integration of only the purchasing department and financial department. After the first round of expansion of the Happy enclosure of retail industry, merger and acquisition integration is regarded as the most effective mode of expansion in the retail industry. Foreign retailers, which follow the rules, want to quickly scale their economies through acquisitions and integration to take advantage of the fierce competition in Chinas retail industry in the future. But how long is the life cycle without the pain of integration? Bought trouble Three years ago, did WAL-MART anticipate todays trouble? In February 27, 2007, WAL-MART announced a $264 million acquisition of 35% stake in the trust mart, also provided $376 million in loans to other shareholders, in exchange for another 30% of the vote, the actual control of the trust business. According to WAL-MARTs plan at that time, in the completion of the initial 35% stake in the three year after the acquisition time, assets will be cleared and integrated to achieve the overall acquisition of trust Mart. In the three years before the date of the deadline approaching integration, but WAL-MART has been broke the acquisition delay. WAL-MART Chinese who also confirmed that, as of now, WAL-MART is still the integration of trust Mart dual brand operation, yet there has been progress on the acquisition of equity. The $1 billion acqui