股权重组

中国光大控股有限公司（ChinaEverbrightLimited）在宣布股权重组后，股票周一跃升逾11%。光大是最新一家宣布股权重组的中国国有企业。

Shares in China Everbright Limited jumped more than 11 per cent on Monday after it became the latest state-owned company to announce a revamp of its ownership structure .

到目前为止，在股权重组方面行动最大胆的是中信集团（CiticGroup），该集团旗下拥有从煤矿到足球队在内的各种资产。

Citic Group , a conglomerate with assets ranging from coal mines to a football team , has taken the boldest step so far , announcing a $ 37bn asset injection into Hong Kong-listed unit Citic Pacific in April .

金融资产管理公司股权重组绩效研究

Finance Asset Management Corporation Equity Reorganization Performance Research

国航、国泰股权重组：谁的盛宴？

Who Wins in Air China-Cathay Shareholding Restructuring ?

群雄逐鹿快为先&浅议国泰国航股权重组带来的影响

Impact of Cathay-Air China Equity Restructuring

再后，本研究对四个非财务指标因素对股权重组绩效的影响进行了分析。

Thereafter , four non-financing index factors are considered in their influence on the equity reorganization performance test .

为外商投资企业的融资、贷款；股权重组、解散、清算提供法律服务；

Provide legal service for foreign invested corporation on financing , loan , equity reconstruction ( purchasing and selling equity ), dissolution and liquidation .

首先，笔者对资产重组、价值创造的主要基本理论进行回顾分析，了解股权重组和价值创造的理论基础。笔者认为组织资本转移理论能较合理地解释企业并购的各种现象。

Firstly , I review the basic theory about assets reorganization and value creation , and I believe the theory of organization capital transfer could reasonably explain various circumstances of M & A.

然后，本文介绍和分析重组绩效评估的主要方法，并重点针对金融资产管理公司股权重组的特点，确定合适的股权重组绩效评估方法。

Thirdly , the methods for the appraisal of reorganization performance test are discussed , and appropriate way is certified focused on the characteristics of equity reorganization of the finance assets management corporations .

其次，本文对金融资产管理公司股权重组的条件、动因和模式进行分析总结，指出其股权重组目的和股权重组绩效评估的重要性。

Secondly , the condition , cause and categories of the equity reorganization of the finance assets management corporations are analyzed to arrive at the importance of the objective and performance test of equity reorganization .

同时，随着20世纪最后10年，世界经济全球化引发的第五次全球性企业并购浪潮，世界范围内对企业并购和重组的理论研究为金融资产管理公司股权重组提供很好的值得借鉴的理论依据。

Simultaneously , with the development of the fifth global tide of enterprises M A in the last 10 years of 20 century , the theoretical research of enterprise M A in the world scale provide good reference for the equity reorganization of the assets management corporations .

1999年，法国雷诺公司（Renault）买下了日产的部分股权并重组了日产。

At that time French automaker Renault bought a stake and reorganized the company .

对银湖和AndreessenHorowitz公司来说，收购雅虎少数股权并推动重组该公司（如分析师亨利•布罗吉特的建议）可能是一个更好的选择。

And perhaps a better solution is for Silver Lake and Andreessen Horowitz to simply buy a minority stake and help reorganize the company from that position ( as suggested by Henry Blodget ) .

支持西部国家鼓励和允许类产业的企业通过转让经营权、出让股权、兼并重组等方式吸引外商投资。

Enterprises operating in the industries encouraged or permitted by the State will be supported to channel in foreign investment through selling operational rights and equities , merging and restructuring .

这六个因素分别是重组公司行业的相关性、重组公司的股权结构、重组公司的所有制形式、重组公司的业绩、重组宣布的时间、重组公司的股本规模。

They are reorganization industry correlation , reorganization company 's ownership structure , reorganization company 's property ownership , reorganization company 's work performance , the time of reorganization announce and reorganization company 's capitalization size .

从湖北上市公司在全国地位的变迁、公司经营效率、治理结构与股权效率、资产重组等几个方面考察了湖北上市公司的运行特征及问题；

Then their operating characteristics and problems are researched from the change of their national role , management efficiency , structure administration , shareholding rate and property re-engineering .

大约三分之一是国内银行股权（这是重组遗留的结果），差不多同样数目的资金将用于剩余两家没上市的大型国有银行的资本结构调整。

Roughly one-third is held in domestic banks ( a legacy of restructuring ) and a similar amount will be used to recapitalise the two remaining unlisted big state banks .

反垄断既是一个法律问题，又是一个极其复杂的经济问题，它不仅与市场价格、市场定义等问题有关，而且包含规模经济、行业结构、股权结构、资产重组等变化因素。

Monopolies , as a legal problem , are extremely complex , and include such aspects as pricing systems , market definition , scale , profession structure , equity structure , and asset structures .