2013年6大失败交易盘点

    卡特彼勒——年代煤矿机电

    交易：卡特彼勒公司收购年代煤矿机电公司

    卡特彼勒公司（Caterpillar）一直希望深入中国市场。但是收购中国采矿设备制造商年代煤矿机电公司（ERA Mining Machines）并没有帮助它得偿夙愿。1月，卡特彼勒账面价值减记5.8亿美元，相当于收购金额的90%。因下属分支机构长期会计欺诈，年代煤矿机电公司的销售额持续虚高。卡特彼勒公司被骗相信年代煤矿机电公司具有很高的价值。卡特彼勒之前，其他美国公司也曾考虑过收购年代公司，但都未付诸行动。卡特彼勒或许真的应该雇几家公司的顾问。

    Caterpillar-ERA Mining Machines

    • Deal: Caterpillar buys ERA Mining Machines

    Caterpillar has long wanted a bigger presence in China. It's acquisition of ERA, a China-based manufacture of mining machines, didn't help. In January, Caterpillar (CAT,Fortune 500) was forced write-off $580 million, or 90% of what it paid for the deal. Sales at ERA has been inflated by a long-running accounting fraud at one of its divisions. And Caterpillar was duped into thinking the company was worth much more than it actually was. Other U.S. companies had considered buying ERA before Caterpillar, but balked. Caterpillar might want to hire some of their advisors.