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\"\"<\/a><\/figure>\n<\/div>\n\n\n

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\n
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<\/div>\n\n\n\n

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\"\u4f1a\u793e\u8cb7\u53ce\u3068\u306f\uff1f\"<\/figure>\n\n\n\n

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\u300c\u5e74\u8cb7\u6cd5\u300d\u306f\u3001\u6642\u4fa1\u7d14\u8cc7\u7523\u306b\u300c\u5b9f\u614b\u55b6\u696d\u5229\u76ca \u00d7 \u5e74\u6570\uff08\u901a\u5e383\u301c5\u5e74\uff09\u300d\u3092\u52a0\u3048\u308b\u3053\u3068\u3067\u682a\u5f0f\u4fa1\u5024\u3092\u7c21\u6613\u7684\u306b\u6c42\u3081\u308b\u624b\u6cd5\u3067\u3059\u3002\u3053\u306e\u55b6\u696d\u6a29\uff08\u306e\u308c\u3093\uff09\u306f\u3001\u904e\u53bb\u306e\u5b9f\u7e3e\u3060\u3051\u3067\u306a\u304f\u5c06\u6765\u306e\u53ce\u76ca\u898b\u901a\u3057\u306b\u5fdc\u3058\u3066\u8abf\u6574\u3055\u308c\u308b\u3079\u304d\u3067\u3059\u3002\u4f7f\u7528\u3059\u308b\u55b6\u696d\u5229\u76ca\u306f\u3001\u7bc0\u7a0e\u76ee\u7684\u3067\u8abf\u6574\u3055\u308c\u3066\u3044\u308b\u5f79\u54e1\u5831\u916c\u306a\u3069\u3092\u4fee\u6b63\u3057\u305f\u300c\u5b9f\u614b\u55b6\u696d\u5229\u76ca\u300d\u304c\u7528\u3044\u3089\u308c\u307e\u3059\u3002<\/p>\n\n\n\n

\u3053\u306e\u65b9\u6cd5\u306f\u8a08\u7b97\u304c\u975e\u5e38\u306b\u30b7\u30f3\u30d7\u30eb\u3067\u76f4\u611f\u7684\u306b\u7406\u89e3\u3057\u3084\u3059\u3044\u305f\u3081\u3001M&A\u306e\u521d\u671f\u6bb5\u968e\u3067\u306e\u304a\u304a\u3088\u305d\u306e\u4fa1\u683c\u611f\u3092\u63b4\u3080\u305f\u3081\u306b\u91cd\u5b9d\u3055\u308c\u307e\u3059\u3002<\/p>\n\n\n\n

\u305f\u3060\u3057\u3001\u7406\u8ad6\u7684\u306a\u53b3\u5bc6\u6027\u306b\u306f\u6b20\u3051\u308b<\/strong><\/mark>\u305f\u3081\u3001\u3042\u304f\u307e\u3067\u4ea4\u6e09\u306e\u305f\u305f\u304d\u53f0\u3068\u3057\u3066\u6d3b\u7528\u3055\u308c\u308b\u3053\u3068\u304c\u591a\u304f\u3001\u6700\u7d42\u7684\u306a\u5408\u610f\u4fa1\u683c\u306f\u4ed6\u306e\u8a55\u4fa1\u65b9\u6cd5\u3084\u4ea4\u6e09\u306b\u3088\u3063\u3066\u6c7a\u5b9a\u3055\u308c\u308b\u306e\u304c\u4e00\u822c\u7684\u3067\u3059\u3002<\/p>\n\n\n\n

\u8a08\u7b97\u5f0f\u3060\u3051\u3067\u306f\u6e2c\u308c\u306a\u3044\u4f1a\u793e\u306e\u300c\u898b\u3048\u306a\u3044\u4fa1\u5024\u300d\u3068\u306f<\/h2>\n\n\n\n
\"\u4f1a\u793e\u8cb7\u53ce\u306e\u4fa1\u683c\u4ea4\u6e09\u65b9\u6cd5\"<\/figure>\n\n\n\n

\u4f1a\u793e\u306e\u5024\u6bb5\u306f\u3001\u8cb8\u501f\u5bfe\u7167\u8868\u306b\u8a18\u8f09\u3055\u308c\u305f\u8cc7\u7523\u3084\u8a08\u7b97\u4e0a\u306e\u5229\u76ca\u3060\u3051\u3067\u6c7a\u307e\u308b\u308f\u3051\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u9577\u5e74\u306e\u4e8b\u696d\u6d3b\u52d5\u3067\u57f9\u308f\u308c\u305f\u30d6\u30e9\u30f3\u30c9\u30a4\u30e1\u30fc\u30b8\u3001\u72ec\u81ea\u306e\u6280\u8853\u529b\u3084\u7279\u8a31\u3001\u8cea\u306e\u9ad8\u3044\u9867\u5ba2\u30ea\u30b9\u30c8\u3001\u5f93\u696d\u54e1\u306e\u5c02\u9580\u30b9\u30ad\u30eb\u3084\u7d44\u7e54\u98a8\u571f\u3068\u3044\u3063\u305f\u3001\u6570\u5024\u5316\u3057\u306b\u304f\u3044\u300c\u898b\u3048\u306a\u3044\u4fa1\u5024\u300d\u3082\u8a55\u4fa1\u306e\u91cd\u8981\u306a\u8981\u7d20\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n\n\n\n

\u4f8b\u3048\u3070\u3001\u7279\u5b9a\u306e\u8a31\u8a8d\u53ef\u3084\u3001\u512a\u79c0\u306a\u4eba\u6750\u3092\u591a\u6570\u62b1\u3048\u308b\u4eba\u6750\u6d3e\u9063\u4f1a\u793e\u306e\u7d44\u7e54\u529b\u306a\u3069\u306f\u3001\u5c06\u6765\u306e\u53ce\u76ca\u306e\u6e90\u6cc9\u3068\u306a\u308a\u5f97\u307e\u3059\u3002<\/p>\n\n\n\n

\u3053\u308c\u3089\u306e\u7121\u5f62\u8cc7\u7523\u306f\u300c\u306e\u308c\u3093\u300d\u3084\u300c\u8d85\u904e\u53ce\u76ca\u529b\u300d\u3068\u3082\u547c\u3070\u308c\u3001M&A\u306b\u304a\u3044\u3066\u306f\u8a08\u7b97\u4e0a\u306e\u7d14\u8cc7\u7523\u984d\u306b\u4e0a\u4e57\u305b\u3055\u308c\u308b\u5f62\u3067\u53d6\u5f15\u4fa1\u683c\u306b\u53cd\u6620\u3055\u308c\u307e\u3059\u3002\u5c06\u6765\u306e\u53ce\u76ca\u3092\u76f4\u63a5\u4fdd\u8a3c\u3059\u308b\u3082\u306e\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u304c\u3001\u8cb7\u3044\u624b\u306b\u3068\u3063\u3066\u9b45\u529b\u7684\u306a\u8981\u7d20\u3067\u3042\u308c\u3070\u3001\u4f01\u696d\u4fa1\u5024\u3092\u5927\u304d\u304f\u5f15\u304d\u4e0a\u3052\u308b\u8981\u56e0<\/strong><\/mark>\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n\n\n\n

\u7406\u8ad6\u4e0a\u306e\u4fa1\u5024\u3060\u3051\u3067\u306a\u304f\u6700\u7d42\u7684\u306b\u306f\u5f53\u4e8b\u8005\u9593\u306e\u4ea4\u6e09\u3067\u4fa1\u683c\u304c\u6c7a\u307e\u308b<\/h2>\n\n\n\n
\"\u3010\u58f2\u308a\u624b\u5074\u3011\u76f8\u5834\u3088\u308a\u3082\u9ad8\u3044\u91d1\u984d\u3067M&A\u3092\u5b9f\u73fe\u3059\u308b\u306b\u306f\uff1f\"<\/figure>\n\n\n\n

\u3053\u308c\u307e\u3067\u89e3\u8aac\u3057\u3066\u304d\u305f\u8a08\u7b97\u65b9\u6cd5\u306f\u3001\u3042\u304f\u307e\u3067\u5ba2\u89b3\u7684\u306a\u4f1a\u793e\u306e\u5024\u6bb5\u3092\u7b97\u51fa\u3059\u308b\u305f\u3081\u306e\u7406\u8ad6\u5024\u3084\u53c2\u8003\u5024\u3067\u3059\u3002<\/p>\n\n\n\n

\u5b9f\u969b\u306eM&A\u306e\u5834\u9762\u3067\u306f\u3001\u3053\u306e\u7b97\u51fa\u3055\u308c\u305f\u4fa1\u5024\u3092\u57fa\u306b\u3001\u6700\u7d42\u7684\u306b\u306f\u58f2\u308a\u624b\u3068\u8cb7\u3044\u624b\u3001\u53cc\u65b9\u306e\u5f53\u4e8b\u8005\u9593\u3067\u306e\u4ea4\u6e09\u306b\u3088\u3063\u3066\u53d6\u5f15\u4fa1\u683c\u304c\u6c7a\u5b9a<\/strong><\/mark>\u3055\u308c\u307e\u3059\u3002\u4f8b\u3048\u3070\u3001\u8cb7\u3044\u624b\u5074\u304c\u305d\u306e\u4f1a\u793e\u3092\u8cb7\u53ce\u3059\u308b\u3053\u3068\u3067\u3069\u308c\u3060\u3051\u306e\u30b7\u30ca\u30b8\u30fc\u52b9\u679c\u3092\u898b\u8fbc\u3081\u308b\u304b\u3001\u58f2\u308a\u624b\u5074\u304c\u3069\u306e\u7a0b\u5ea6\u58f2\u5374\u3092\u6025\u3044\u3067\u3044\u308b\u304b\u3001\u4ed6\u306b\u6709\u529b\u306a\u8cb7\u3044\u624b\u5019\u88dc\u304c\u5b58\u5728\u3059\u308b\u304b\u3068\u3044\u3063\u305f\u3001\u500b\u5225\u306e\u4e8b\u60c5\u304c\u4fa1\u683c\u306b\u5927\u304d\u304f\u5f71\u97ff\u3057\u307e\u3059\u3002<\/p>\n\n\n\n

\u3057\u305f\u304c\u3063\u3066\u3001\u7b97\u51fa\u3055\u308c\u305f\u8a55\u4fa1\u984d\u306f\u4ea4\u6e09\u306e\u51fa\u767a\u70b9\u3068\u3057\u3066\u91cd\u8981\u3067\u3059\u304c\u3001\u305d\u308c\u304c\u305d\u306e\u307e\u307e\u6700\u7d42\u7684\u306a\u58f2\u8cb7\u4fa1\u683c\u306b\u306a\u308b\u308f\u3051\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u81ea\u793e\u306e\u5f37\u307f\u3084\u76f8\u624b\u306e\u30cb\u30fc\u30ba\u3092\u7406\u89e3\u3057\u3001\u6226\u7565\u7684\u306b\u4ea4\u6e09\u3092\u9032\u3081\u308b\u3053\u3068\u304c\u3001\u53cc\u65b9\u304c\u7d0d\u5f97\u3059\u308b\u4fa1\u683c\u3067\u306e\u5408\u610f\u5f62\u6210\u306b\u3064\u306a\u304c\u308a\u307e\u3059\u3002<\/p>\n\n\n\n

\u81ea\u793e\u306e\u8a55\u4fa1\u984d\u3092\u5c11\u3057\u3067\u3082\u9ad8\u3081\u308b\u305f\u3081\u306b\u53d6\u308a\u7d44\u3080\u3079\u304d\u3053\u3068<\/h2>\n\n\n\n
\"\u4f1a\u793e\u8cb7\u53ce\u30fbM&A\u76f8\u8ac7\u306a\u3089\u30a6\u30a3\u30eb\u30b2\u30fc\u30c8M&A\"<\/figure>\n\n\n\n

\u81ea\u793e\u306e\u8a55\u4fa1\u984d\u3092\u9ad8\u3081\u308b\u305f\u3081\u306b\u306f\u3001\u65e5\u9803\u304b\u3089\u306e\u7d4c\u55b6\u6539\u5584\u3078\u306e\u53d6\u308a\u7d44\u307f\u304c\u4e0d\u53ef\u6b20\u3067\u3059\u3002<\/p>\n\n\n\n

\u307e\u305a\u306f\u672c\u696d\u306e\u53ce\u76ca\u6027\u3092\u9ad8\u3081\u308b\u3053\u3068\u304c\u57fa\u672c\u3067\u3042\u308a\u3001\u58f2\u4e0a\u306e\u62e1\u5927\u3084\u30b3\u30b9\u30c8\u69cb\u9020\u306e\u898b\u76f4\u3057\u3092\u901a\u3058\u3066\u5229\u76ca\u3092\u5b89\u5b9a\u7684\u306b\u5275\u51fa\u3067\u304d\u308b\u4f53\u5236\u3092\u69cb\u7bc9\u3059\u308b\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002<\/p>\n\n\n\n

\u307e\u305f\u3001\u904a\u4f11\u8cc7\u7523\u306e\u58f2\u5374\u3084\u501f\u5165\u91d1\u306e\u8fd4\u6e08\u3092\u9032\u3081\u3001\u8ca1\u52d9\u4f53\u8cea\u3092\u5065\u5168\u5316\u3059\u308b\u3053\u3068\u3082\u8a55\u4fa1\u5411\u4e0a\u306b\u76f4\u7d50\u3057\u307e\u3059\u3002
\u7d4c\u55b6\u8005\u500b\u4eba\u306b\u4f9d\u5b58\u3057\u3066\u3044\u308b\u696d\u52d9\u3092\u6e1b\u3089\u3057\u3001\u7d44\u7e54\u3068\u3057\u3066\u4e8b\u696d\u304c\u56de\u308b\u4ed5\u7d44\u307f\u3092\u6574\u5099\u3059\u308b\u3053\u3068\u3082\u3001\u8cb7\u3044\u624b\u306b\u3068\u3063\u3066\u306e\u30ea\u30b9\u30af\u3092\u4f4e\u6e1b\u3055\u305b\u307e\u3059\u3002<\/p>\n\n\n\n

\u3053\u308c\u3089\u306e\u65bd\u7b56\u306f\u3001\u7d50\u679c\u3068\u3057\u3066\u4e00\u682a\u3042\u305f\u308a\u306e\u682a\u5f0f\u4fa1\u5024\u3092\u9ad8\u3081\u308b\u3053\u3068\u306b\u306a\u308a\u3001M&A\u3092\u691c\u8a0e\u3059\u308b\u969b\u306b\u6709\u5229\u306a\u6761\u4ef6\u3067\u306e\u4ea4\u6e09\u3092\u53ef\u80fd\u306b\u3057\u307e\u3059\u3002\u5c06\u6765\u306e\u9078\u629e\u80a2\u3092\u5e83\u3052\u308b\u305f\u3081\u306b\u3082\u3001\u8a08\u753b\u7684\u306a\u4f01\u696d\u4fa1\u5024\u5411\u4e0a\u7b56\u3092\u5b9f\u8df5\u3059\u3079\u304d<\/strong><\/mark>\u3067\u3059\u3002<\/p>\n\n\n\n

\u307e\u3068\u3081<\/h2>\n\n\n\n

\u4f1a\u793e\u306e\u5024\u6bb5\u3001\u3059\u306a\u308f\u3061\u4f01\u696d\u4fa1\u5024\u306f\u3001\u5358\u4e00\u306e\u7d76\u5bfe\u7684\u306a\u6570\u5024\u3067\u6c7a\u307e\u308b\u3082\u306e\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002
\u4f01\u696d\u306e\u7d14\u8cc7\u7523\u3092\u57fa\u306b\u3059\u308b\u30b3\u30b9\u30c8\u30a2\u30d7\u30ed\u30fc\u30c1\u3001\u5c06\u6765\u306e\u53ce\u76ca\u529b\u3092\u898b\u308b\u30a4\u30f3\u30ab\u30e0\u30a2\u30d7\u30ed\u30fc\u30c1\u3001\u5e02\u5834\u3067\u306e\u53d6\u5f15\u4e8b\u4f8b\u3092\u53c2\u8003\u306b\u3059\u308b\u30de\u30fc\u30b1\u30c3\u30c8\u30a2\u30d7\u30ed\u30fc\u30c1\u3068\u3044\u3046\u3001\u7570\u306a\u308b3\u3064\u306e\u8996\u70b9\u304b\u3089\u7dcf\u5408\u7684\u306b\u8a55\u4fa1\u3055\u308c\u307e\u3059\u3002<\/p>\n\n\n\n

\u5177\u4f53\u7684\u306a\u8a08\u7b97\u65b9\u6cd5\u3068\u3057\u3066\u6642\u4fa1\u7d14\u8cc7\u7523\u6cd5\u3084DCF\u6cd5\u306a\u3069\u304c\u5b58\u5728\u3057\u307e\u3059\u304c\u3001\u3069\u306e\u65b9\u6cd5\u306b\u3082\u9577\u6240\u3068\u77ed\u6240\u304c\u3042\u308a\u3001\u8a55\u4fa1\u306e\u76ee\u7684\u3084\u4f1a\u793e\u306e\u7279\u6027\u306b\u5fdc\u3058\u3066\u4f7f\u3044\u5206\u3051\u308b\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n

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\"\"<\/a><\/figure>\n<\/div>\n\n\n

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