What is the significance of overseas mergers and acquisitions?

Legal analysis: Overseas M&A refers to a multinational enterprise of one country buying a certain share of the equity of another country's enterprise through certain channels and means of payment until its assets. Overseas mergers and acquisitions involve enterprises in two or more countries, markets in two or more countries and legal systems under the control of two or more governments.

Legal basis: Measures for the Administration of Overseas Investment

Article 2 The term "overseas investment" as mentioned in these Measures refers to the act that an enterprise legally established in People's Republic of China (PRC) (hereinafter referred to as the enterprise) owns a non-financial enterprise abroad or obtains the ownership, control, management and other rights and interests of an existing non-financial enterprise through new establishment, merger or other means.

Article 3 Enterprises investing abroad shall operate independently according to law and be responsible for their own profits and losses.