Red Net: The case of "Sany M&A Elephant" entered the 2012 college entrance examination paper

Source: Red Net Author: Yu Xiangyang

Red Network Changsha, June 12 (Reporter Yu Xiangyang) Recently, a news that "Sany's acquisition of elephants has been on this year's Hunan College Entrance Examination Comprehensive Test Paper" continues to circulate on Weibo.
The reporter inquired and found that there was such a test question in the 2012 Hunan Provincial College Entrance Examination (Wen Zongjuan), and the 14th question of the multiple-choice question was as follows: January 2012, ChinaConcrete machineryCompany S, one of the leading companies in the industry, announced that it will spend 360 million euros to acquire a 100% stake in German Company P. The positive effects of Company S's acquisition of Company P are: (1) forming an industry monopoly pattern, (2) exploring the international market, (3) accelerating capital turnover, and (4) promoting product upgrading
The source of this question is to quote the case of Sany Heavy Industry's acquisition of German elephants this year. Company S in the title refers to Sany Heavy Industry (English name SANY), and Company P refers to the German Putzmeister Company (English name Putzmeister, commonly known as elephant).
The news of Sany Heavy Industry's acquisition of Elephant was officially announced on January 31 this year, on the same day, the company announced that it would join forces with CITIC Industrial Fund to jointly share 100% of the shares of German Elephant at a cash consideration of 360 million euros (equivalent to 2.654 billion yuan), and the merger and acquisition was officially completed in April.
The college entrance examination has always examined students' attention and understanding of current social affairs as a basic quality. Headquartered in Changsha, Hunan Province, the merger was described as a "Sino-German model deal" and was a hot topic of discussion in the domestic financial community in 2012.
The industry generally evaluates that German elephants have their own sales systems in various countries around the world, which will advance the internationalization process of Sany by at least 5 years. At the same time, Putzmeister's technology will rapidly improve the quality of Sany's existing products, promote product upgrading, and further upgrade the products to the *5653 level. Therefore, the reference answer given by the examiner for this question is: (2) to develop the international market, (4) to promote product upgrading. And such a question makes those Hunan candidates who usually pay attention to the dynamics of local leading enterprises feel happy in their hearts.