确立目标和具体任务（PPT 42）

1.1•/•()•••––−•––•()••••••••••••––––−•••()()()•••„1.2············„1.2••••1.2„„„„19264639393231281395822227112731233033363736384427362222311910141076533432212345%20061.2DCFƒƒƒƒWACC:WACCƒCAPEX:ƒTV:5TVƒƒƒƒƒƒƒƒƒ2.–„32622„9„32„222(DanBartlett)“”„20062P&OP&O(DubaiPortsWorld)P&O(CFIUS)68P&O„„„„2.-„2006127ÎArcelor18625%75%50%ÎB()10298%64%ClassBÎ68DofascoThyssenKruppDofasco„2006525Î269100%49%ÎÎÎDofascoÎ1.3(1.768)„„„101/3„200651924072„/„-„100%2.SSE:600177KellwoodNYSE:KWD)Kellwood200620KellwoodAsiaKellwood5HK1100%7KellwoodKellwood()KellwoodHK1HK2HK2100%1.2KellwoodKWD.NYSE)16-1.2:„„13„„„„„2.-5%RTGduallistedcompaniesCRARTZ37.5%RTGduallistedcompaniesCRARTZ37.5%ƒ––ƒ–SPCSPC–––5%–5%ƒ–1275%28.9295%31.325%ƒ–1%–2.-14.9%ƒ–ƒ–10-14.9%–CorporationsAct(2001)75%–TintoHolding37.2%15.7%15.7%=62.8%25%–15%–10%–4714.9%ƒ–14.9%–ƒ–1%TheTakeoverCodeRule8.3)–––15%14.9%19.9%2.ƒ–6.3Pilbara4.3(Simandou)1.21.7––1708820068098–ƒ–HamersleyIron,RobeRiverIronAssociates–75%––ƒ–––ƒ––––123––-2.–CIFACompagniaItalianaFormeAcciaioS.p.A.CIFA2.–PECIFA——ZoomlionH.K.HoldingCo.Ltd“”“A”ABA60%9.04%18.04%12.92%BCIFA100%CIFA100%2.712.5150.195CIFA3.7552.5151.24CIFAZoomlionHKHoldingsSPVASPVBCIFA100%100%9.04%60%18.04%12.92%1.0841.626100%1CIFAA“”2“”“”5.7%250002.–IBMPCHKHKIBMPC43%57%35%46%19%IBMIBMPCIBMƒIBMƒIBMPCIBMPCIBMPCƒPCIBMPCPCPCPCPC·1000046