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跨国兼并再度兴起90年代,跨国兼并成为国际产业经济发展的最新趋势。据英国《金融时报》最近报道,去年全世界企业兼并和收购交易为1810起,交易总额达726亿美元,比1991年的544亿美元增加34%。如美国以电信、电气、航空、机械制造业为重点的企业兼并方兴未艾,1993年的兼并交易额可望突破200亿美元。较之70年代和80年代,90年代的国际兼并又有了新的发展。首先,欧共体一体化的形成,使区域内的相互兼并更为便捷。1991年,欧共体内兼并的企业为1300多家,而1992年则达到1850家,增长50%左右。其次,发达国家间跨区域的兼并力度加大。日本已兼并
Cross-border mergers have re-emerged in the 1990s, and cross-border mergers and acquisitions have become the latest trend in the development of international industrial economy. According to a recent report by the Financial Times of the United Kingdom, the number of corporate mergers and acquisitions worldwide last year was 1,810, and the total transaction volume reached US$72.6 billion, an increase of 34% from the US$54.4 billion in 1991. For example, in the United States, mergers and acquisitions focusing on telecommunications, electrical, aviation, and machinery manufacturing are on the rise. In 1993, the number of mergers and acquisitions is expected to exceed US$20 billion. Compared with the 1970s and 1980s, international mergers in the 1990s have seen new developments. First of all, the formation of EC integration has made it easier for mutual merging in the region. In 1991, there were more than 1,300 companies merged within the European Union, and in 1992 it reached 1,850, an increase of about 50%. Second, cross-regional mergers and acquisitions between developed countries have increased. Japan has annexed