Sprinkle coins every day

原时空15年12月，杜帮和陶氏化学达成了高达一千300亿美刀的并购交易。16年5月，拜尔宣布以630亿美刀的价格，收购蒙山都。

Therefore, there is not much time left for germination.

In order to maintain the position of Huaxia Agriculture in Yuanshikong, in 17, Huaxia Zhonghua Group acquired Xianzhengda at a price of 460 billion U.S. dollars, catching up with the last train of the competition.

This has also reshaped the three-legged pattern of global agricultural giants.

But at that time, some people questioned why Huaxia spent a huge amount of money to acquire a foreign agricultural company. Wouldn’t it be better if the more than 3000 billion yuan was invested in scientific research?

The idea is beautiful, but the reality is very skinny.

To answer this question, one must first understand the status quo, that is - although Huaxia agriculture has existed for thousands of years and has the third largest land area in the world, it is not a real agricultural power.

Take a very simple example.

Such a scene appeared at the Changshou market in 08. Many farmers were scrambling to buy one thing, which was a Dutch sweet pepper seed called mandi.

How expensive are these seeds?

18 per kilogram, yes, 18 per kilogram.

And if you want to buy it, you have to buy it by piece.

Do you think this seems a bit nonsense?But the more nonsense is yet to come.

At that time, 80.00% of the vegetables in Changshou were foreign varieties, and the vegetables produced by Changshou accounted for a quarter of the total vegetables in China.

In other words, at that time, half of the vegetables in Huaxia might be foreign varieties.

It can be seen that in the field of seeds, overseas giants have achieved a certain degree of monopoly, and it is not easy to break this monopoly with their own efforts.

Let me give another example related to Monsanto.

Mentioning the name of Monsanto may be unfamiliar to many people, but they must have heard of one of its products, which is the herbicide-glyphosate.

It is also the most widely used herbicide in the world.

The most proud product of Monsanto is the genetically modified soybean, which has strong disease resistance and a very high yield.

Most importantly, it is immune to glyphosate.

Meng Santo came to Pampas in 98, gave local farmers a lot of soybean seeds for free, and taught them how to plant them. He also said that this soybean is resistant to diseases and has high yield, and can be harvested twice a year.

The local farmers planted soybeans with the mentality of giving it a try. As Meng Santo said, using their herbicides is simply a fool's way of farming.

So the local farmers planted this kind of soybeans ecstatically. In order to expand the planting area, they even removed all the original local crops and replaced them with soybeans.

By 02, Monsanto's soybean acreage accounted for 99% of the entire Pampas.

Just when Pampas farmers were immersed in the huge benefits brought by high-yield soybeans and couldn't extricate themselves, in 04, Monsanto suddenly asked Pampas to pay soybean royalties.

At first, Pampas didn't want to give it, but Meng Santo immediately threatened to cut off the supply of seeds if he didn't pay the patent fee.

At first, farmers didn't take it seriously because they had a lot of seeds they had saved. However, when they planted these seeds, they found that these seeds were far from the performance of their previous two generations.

These soybeans are not only not resistant to disease, but also grow in strange shapes, and their yields have plummeted.

Now everyone came to their senses. It turned out that this was a scam set by Meng Santo. First, he pretended to provide seeds and pesticides, and then slowly encroached on your local farmland and wiped out local crops.

When the time is right, huge patent fees will be demanded.

At this time, even if Pampas wants to grow back to native crops, the local soil has long been unable to grow crops other than soybeans due to the large amount of brainless spraying of glyphosate.

So in the end, Pampas had to pay him a huge patent fee.

Imagine.

How aggrieved Pampas was when he found out that he was cheated but had to bow his head to the overseas giants.

But there is no way, the rules of the game are played like this.

As a country with a large population, China's food security is very important, and it is even more important to make breakthroughs in the field of breeding in order to bridge the gap with overseas giants, otherwise it will only be able to rely on others.

However, the technological gap in the field of breeding cannot be caught up in the short term.

A more realistic approach is to acquire the many technologies and channels it has accumulated in related fields through the acquisition of a relatively powerful overseas giant.

Zhang Shuo's target this time is also Xianzhengda, because Xianzhengda is the easiest to be acquired.

Xiangenta is the world's largest agrochemical company and the third largest seed company in the world. Their products are distributed in more than 90 countries and regions around the world.

It is a veritable super giant.

Although Xiangenta's seed business is not as good as other companies, they are focusing on vegetables and flowers, crops with great potential and high added value.

The original space-time Mengshandu also attempted to acquire Xianzhengda before it was acquired by Bayer.

It's a pity that Mengshandu only wants the chemical department of Xianzhengda, and this means that once Xianzhengda is acquired by it, a large number of employees and previously accumulated seed patents will lose their jobs and value.

Therefore, Xianzhengda finally rejected the acquisition of Mengsanto, which gave Zhonghua a chance.

In order to win Xianzhengda, Zhonghua even had to promise that after the completion of the acquisition, not only would it not change any existing organizational structure of Xianzhengda, but it could also pay in cash.

Of course Zhang Shuo didn't want Xianzhengda to be so cheap.

With the joint participation of Dream Fund and Vision Fund, after the acquisition is completed, the board of directors of Xiangenta can be reorganized, and the management rights of Xiangenta can be firmly controlled by Zhang Shuo, the behind-the-scenes boss.

Not only Xianzhengda, but also Zhang Shuo has ideas about Mengsandu.

Want to build a super agricultural giant.

"The acquisition of Xianzhengda by United Dream Fund and Vision Fund is just a means, but not our ultimate goal. The ultimate goal is to make up for our own shortcomings through the acquisition of Xianzhengda."

Zhang Shuo changed the topic.

"Therefore, I hope that while launching the acquisition of Xiangenta, Xinghai Group will activate Xinghai Chemicals and make sufficient preparations for the docking of Xiangenta's chemical business."

The acquisition of Xianzhengda is to continuously transfer its business to China.

"Then, chairman, which group subsidiary should be responsible for the seed business? Or should we set up a separate agricultural company?" Lu Kai, the president of the group, asked for instructions.

Chemical industry is still second, and seeds are fundamental.

"It's not necessary to set up a separate subsidiary, let's put it under the subsidiary of a certain group." Zhang Shuo has been deliberately controlling the number of group subsidiaries.

"As for which group subsidiary it is assigned to, what's your opinion?"

"I suggest that it can be included in the Lime Group."

Lin Zhengdong, who had just been promoted to senior vice president of the group, was the first to speak up unexpectedly, and explained with a smile: "The modern seed industry is closely related to life sciences. Lime Group is not only involved in medical devices and biopharmaceuticals, but also has a long-term layout in the field of life sciences. There can be synergies.”

On the surface, modern medicine and modern breeding seem to have nothing to do with each other, but in fact they are the same.

"That's a good idea."

Zhang Shuo's eyes also brightened, and he approved Lin Zhengdong's suggestion, "Then instruct Lime Group to register and establish Lime Agriculture as soon as possible, and be responsible for making preparations for the connection with Xianzhengda's seed business."

between words.

Zhang Shuo has great confidence in the acquisition of Xianzhengda.

After all, the original space-time Xianzhengda can accept the acquisition from Zhonghua, and there is no reason to reject existences like Dream Fund and Vision Fund.

The only problem may be that the Dream Fund and the Vision Fund have insufficient financial strength.

In the previous acquisition of Dongzhi Flash Memory, the Dream Fund was the main lead party and also the largest shareholder of Simon Flash Memory, with a total investment of 68.45 billion US dollars.

It drained more than half of the Dream Fund's cash flow in one go.

That's it.

It's all because in April, Zhang Shuo launched a [-] billion dividend of Germination Holdings.

As for the Vision Fund, it is a newcomer, and its own financial strength is not strong enough. It is all supported by the 60 billion start-up capital, and there is not much money available right now.

The acquisition of Xianzhengda this time involves a huge amount of nearly 500 billion US dollars.

If it is still led by the Dream Fund, and at the same time, in order to ensure the success of the acquisition, it is best to be able to pay in cash, then the Dream Fund must prepare at least 160 billion US dollars in funds.

The current Dream Fund simply can't come up with that kind of money.

The easier way to think of it seems to be to let Germination Holdings carry out another equity dividend.

But it's also the most unrealistic.

Not to mention, Bud Holdings just paid out a dividend of 3000 billion in April, whether it can make a second dividend; even if it can, to meet the capital needs of the Dream Fund, the dividend scale needs to be at least [-] billion.

Mengya didn't have that much cash in his account at all.

The only feasible way is for Germination Holdings to use the funds in the account to repurchase part of the equity held by the Dream Fund to meet the capital needs of the Dream Fund.

In this way, it can also reduce the shareholding of Germination held by Dream Fund in a disguised form, so that the outside world will not always say that Germination Holdings’ bloodline is not pure enough, and it is controlled by overseas investment institutions.

It can be said to kill two birds with one stone! ! !

Chapter 501 Three-star new ambition, the highlight moment of Dream Fund!

Just two days later.

Under the chairmanship of Zhang Shuo, Germination Holdings convened an interim board of directors, reviewed and passed a resolution on Germination Holdings repurchasing 500% of the shares held by Dream Fund at an agreed price of 10 billion yuan.

According to the agreed price, the valuation of Sprout Holdings this time is only 2.5 trillion yuan.

It is obviously far lower than outside expectations.

You must know that with the strong rise of the Mango Group and the benefits of the Dao Sui Group, the overall valuation of Sprout Holdings has already exceeded [-] trillion, and was once approaching the [-] trillion mark.

It can be called a super giant! ! !

Fortunately, Germination Holdings is not a listed company, and it involves a large internal equity transaction. The party Dream Fund did not raise any objections, so the outside world naturally can't make irresponsible remarks.

But that's already amazing.

In addition to the previous dividends of more than 300 billion, Dream Fund has earned nearly 3000 billion from the bud.

The most important thing is that after the completion of the share repurchase and all cancellations, Dream Fund will still hold 25.56% of the shares of Germination Holdings, and will still be the second largest shareholder of Germination Holdings.

The future is still bright.

Therefore, after the meeting of the board of directors, Zhang Shuo immediately adjusted the distribution ratio of the monthly support funds between the Dream Fund and the Vision Fund, and allocated all the support funds of US$[-] billion per month to the Vision Fund.

future.

The main source of funding for the Dream Fund is Bud Holdings, while the Vision Fund comes from system funds.

In this way, the respective funding sources of the two funds are guaranteed, and the relationship between the Vision Fund and Bud is completely severed, making it more independent and mysterious in the global investment circle.

Only in this way can Zhang Shuo's many intentions be better realized.

For example, the upcoming acquisition of Xian Zhengda.

Correspondingly, after canceling 10% of the equity, Zhang Shuo's personal shareholding ratio rose to 41.12%, Chunmiao Fund held 22.22%, and Prodigal Son Fund and Gu Xiaoxi's personal shareholding both held 5.55%.

All will be potential beneficiaries of this transaction.

.........

The news that Germination Holdings repurchased its shares quickly spread in the global venture capital circle.

Dream Fund can be described as "fight to fame".

Undoubtedly, with the continuous development and growth of Bud Holdings, Dream Fund, the only angel investor of Bud Holdings, has become the most prestigious investment institution in the world.

Its prestige is even higher than the soft gold group.

Especially in the Europa region, the Dream Fund has become a dazzling star in the venture capital circle. With 500 billion funds in place, countless start-up companies flock to the Dream Fund, hoping to win the favor of the Dream Fund.

Dream Fund didn't take it either, and immediately released the news that the next step would be to try to acquire Xianzhengda.

triggered a new round of debate.

.........

weekend.

In Tang's small courtyard, when the second uncle Tang Yi was chatting, he also mentioned the share repurchase of Sprout Holdings.

"Twenty-five billion..." Tang Yi was a little shocked, and asked with concern: "Not long ago, Germination just distributed 500 billion equity dividends. Can you take out so much money at once?"

"It's not a one-off payment."

Zhang Shuo explained with a smile: "It will be paid in two installments in September and December."

It's not that Mengya can't get so much money at once, but that it has to consider its own liquidity and can't squeeze out the cash in the account all at once.

Anyway, the acquisition of Xianzhengda could not be completed within a month or two.