The choice of financing methods not only plays a key role in M&A, but also plays an important role in the subsequent development of enterprises. In recent years, a new way of financing for the cross-border M&A of private enterprises is provided with the development of the capital market. In this paper, we provide suggestions for private listed companies and relevant personnel who are preparing to implement cross-border M&A and are operating cross-border M&A through the selection of financing methods for cross-border M&A of LEDVANCE.