A demerger is the splitting up of a corporate body into two or more separate and independent bodies. It is not a sale of the separate bodies themselves, as the original shareholders have shares in both companies. 分拆 就是把公司拆成 2 個或多個單 獨的實體，原股東繼續(xù)持現(xiàn)在多家公司股份。
優(yōu)點：分拆可以充分評估 2 家公司，尤其他們是涉及不同領域時，2 家公司有不 同的風險，分拆可以利用股東調(diào)節(jié) 2 家公司的持股比例，以匹配自己的風險偏好。
1. The split does enable analysts to understand the two business fully, particularly when the two main divisions are in different fields.
2. The two divisions are likely to have different risk profiles, and splitting them up enables shareholders to adjust the proportion of their holdings between the two different companies.
缺點：
1. 過程比較昂貴，過度期間公司整體的價值都可能下滑。
2. 拆分的管理層可能無法勝任。
3. 對于資產(chǎn)和債務的承擔，雙方會有分歧，一方甚至融資渠道有問題。
新用戶掃碼下載
京公網(wǎng)安備 11010802044457號
新用戶掃碼下載
