PRESS RELEASE | October 18, 2016
Top Executives to Share Lessons Learned from Acquiring Overseas Companies and Assets
Marcum Bernstein & Pinchuk LLP ("MarcumBP"), a top-ranked provider of SEC audit, accounting and consulting services to Chinese companies listed in the U.S. capital markets, will hold a CFO Salon on the topic of "Overseas M&A 2.0" on October 26th at the Hyatt on the Bund in Shanghai, China.
2016 outbound M&A transactions from China promise to shatter all records, with over $158 billion of deals announced thus far. But evidence suggests that Chinese buyers are becoming more sophisticated and confident, with prices paid for overseas acquisitions at a 30% discount to domestic deals. Rather than focusing on prestigious "trophies," buyers are using global M&A as a tool to deepen distribution channels in key markets, gain a technology edge, and build trusted global brands.
This afternoon event will provide CEOs, CFOs, and other senior decision makers with the "inside story" from companies that have launched successful "go out" strategies.
Speakers and panelists include:
- Conor Yang, CFO, Tuniu Corporation
- Jay Chen, CEO, ChinaVenture
- Xuxia Kuang, CFO, DianRong Financial Information Services
- Shuhong Ye, Founder, Dianpin
- Huiping Yan, CFO, Cainiao Network Technology Co
- Dalong Xiang, CFO, 53mf
- Drew Bernstein, Co-Managing Partner, Marcum BP
- Stanley Chang, Advisor, Marcum BP
- Maoyong Tian, Publisher & Editor-in-chief, Cfoworld
"Following on the terrific response to our CFO Salon in Shenzhen earlier this year, we look forward to hearing about how leading Chinese companies are stepping up to the world stage with well-planned acquisitions," said Drew Bernstein. "Given the recent expansion of our Advisory practice, Marcum BP is now able to provide even deeper levels of support for cross-border transactions."
Date: Oct. 26, 2016
- 1:30pm to 5:30pm M&A Seminar
- 5:30pm to 7:30pm Cocktail Networking (Co-host with Leading Edge Alliance)
This highly selective event will be co-hosted by CFOWorld and is designed for CEOs, CFOs, Financial Directors or Investment Directors of SOE or private companies with intention to make acquisitions or list overseas.
About Marcum Bernstein & Pinchuk LLP
Marcum Bernstein & Pinchuk LLP ("MarcumBP") is a top-ranked provider of SEC audit, accounting, and consulting services to Chinese companies listed in the U.S. capital markets. The firm is based in New York City and has five offices in China. A member of the Marcum Group and an affiliate of Marcum LLP, a leading U.S. accounting and advisory firm, MBP provides financial due diligence and forensic accounting services to overseas investors and companies seeking to invest in China, and Chinese companies and individuals pursuing overseas expansion. Services include mergers and acquisitions, global tax, capital verification, financial due diligence, real estate, and EB-5 investment services.