First, the maximum amount of M&A loan is 5% of the consideration of the M&A transaction. How to understand

If you want to spend 1 yuan on something, you must have 5 yuan yourself; If you want to borrow 1 yuan to buy it, you won't pay a penny, no way.

Second, the maximum amount of M&A loan is 5% of the consideration of the M&A transaction. How to understand

If you want to spend 1 yuan on something, you must have 5 yuan yourself; If you want to borrow 1 yuan to buy it, you won't pay a penny, no way.

3. What does the consideration mean?

The consideration for the acquisition of equity means:

The consideration for acquisition means that the offeror increases the issuance of the company's shares, and replaces the shares of the target company with the newly issued shares or the shares of other corporate bodies held by him to achieve the holding purpose.

The tender offer must be "to buy shares in the form of monetary payment", which excludes the possibility of taking consideration outside cash. However, the "Governance Measures" revised this, and promised to take the securities that can be transferred according to law as the purchase consideration: if the purchaser takes cash as the consideration, he should deposit at least 2% of the performance bond in the bank at the same time as announcing the tender offer, and go through the freezing procedures.

Fourth, the maximum amount of M&A loan is 5% of the consideration of the M&A transaction. How do you understand

If you want to spend 1 yuan to buy an east and want to borrow 1 yuan to buy it, you can't pay any money yourself.