Rebirth of the Capital Legend

Chapter 316: First contact with shareholders of 'FXCM International'!

"Hello, Mr. Su." When Isaac saw Mr. Su for the first time, a look of surprise appeared on his face.

After the "British Referendum" incident, after "Hua Yi Capital" joined hands with Hua Yin International and Aberdeen Asset Management to short the British pound exchange rate and made billions of dollars in profits, the world's well-known foreign exchange investment institutions and market makers have become aware of the investment company "Hua Yi Capital" and its boss.

Isaac even repeatedly read the information about Su Yi collected by the company.

But before he actually met Su Yi, he still found it hard to believe that the man who was in charge of Huayi Capital and worth billions of dollars was actually so young.

If we look at the world, Su Yi is ranked among the youngest self-made billionaires in the world.

"Hello, Mr. Isaac." Su Yi smiled and stretched out his hand to shake his hand, saying, "Last time, our company had a very pleasant cooperation with your 'FXCM International'. I hope that this time... we can also discuss this cooperation very happily."

Isaac smiled and said, "As long as Mr. Su comes with sufficient sincerity, our conversation and cooperation will naturally be quite pleasant."

Because the marketing department had previously had contact with "Huayi Capital".

Therefore, this time's equity financing, or acquisition reception, will naturally be presided over by him as the president of marketing business.

"Boss Su, the hotel and the dinner are all ready." Isaac paused and said, "Do you want to go back to the hotel to rest first, or..."

Su Yi thought for a moment and said, “Mr. Stuart must be anxious to meet with our team. In that case… let’s not go back to the hotel first, let’s go directly there.”

After saying that, Su Yi asked the secretary and logistics staff accompanying him to take the team's luggage back to the hotel first.

He, Wang Huaijin, and several core executives of the company who came this time followed the convoy arranged by Isaac and went directly from the airport to the hotel arranged by the other party.

When we arrived at the restaurant, we walked into the private room arranged by the other party.

A group of shareholders of 'FXCM International' and the core executives of the group instantly came into Su Yi's sight.

Su Yi looked at everyone.

Then, under Isaac's introduction, he shook hands with Mr. Stewart, the chairman of FXCM International, and said some polite words.

After that, the two parties continued to test each other during the meal.

Accompanied by a group of FXCM International shareholders, Su Yi mentioned some insignificant conditions and also stated that if the cooperation was pleasant and the acquisition was successful, he would respect the current internal organizational structure and personnel arrangements of FXCM International and would not interfere too much in its business operations.

Of course, in addition to discussing many minor conditions in cooperation.

Regarding some core issues.

For example, Su Yi chose to avoid talking about key issues such as the valuation price of the acquisition, the acquisition method... for the time being.

The shareholders of 'FXCM International' also knew that this was just a test for the first meeting, so they naturally did not pay too much attention to the core issue that Su Yi avoided talking about.

In the end, everyone just got to know each other and had a preliminary understanding.

After dinner, return to the hotel.

Su Yi's eyes, which had seemed a little hazy during the drinking, suddenly became clear again.

"Mr. Wang, please give us an evaluation. After our first meeting tonight, how do you think we can seize the initiative in tomorrow's discussion?" Su Yi asked Wang Huaijin, "Also, what is the first price?"

Wang Huaijin thought for a moment and responded, "It can be seen that several core shareholders of FXCM International are quite positive about our intended acquisition, which shows that they have no objection to selling the company as long as the price is right.

Also, judging from their reception attitude towards us.

I think they will be able to easily accept some of the acquisition conditions we have revealed so far.

It’s just the purchase price…”

Wang Huaijin paused and said, "On the way here, I asked the team to estimate the average valuation of the industry based on the operating data and operating conditions of 'FXCM International' in the past two years. I feel that it is still difficult to acquire all its shares at a price of US$15 billion.

Compare, currently, 'FXCM International''s direct competitors.

The valuation of FXCM International is already in the range of US$40 billion to US$50 billion.

Even if FXCM International suffered huge losses in this round of the "Black Swan of the British Pound" incident and had to pay more than $10 billion in debt during this period, its overall valuation is far higher than $15 billion.

"Don't look at the market valuation." Su Yi said, "Can we find out the valuation prices given by other buyers who have contacted 'FXCM International'?"

"It's difficult." Wang Huaijin said, "Even if we can understand it, it will probably take time."

"In what range do you estimate the bids from the other companies will be?" Su Yi asked.

Wang Huaijin thought for a moment and said, "It shouldn't be less than 15 billion US dollars. After all, although FXCM International's internal cash flow is facing the risk of being cut off, its core assets and the market reputation it has accumulated over the past years are still very good. In particular, this market maker has a considerable market share in the foreign exchange market. As long as it gets through this difficult time and learns lessons, it will be easy for this institution to resume normal operations and continue to lead similar companies in the industry."

"If we don't know the initial acquisition prices given by the other companies," Su Yi said, "it will be difficult for us to take the initiative!"

"It would be very difficult to learn the acquisition price directly from other competitors," Wang Huaijin said. "However, I think we can try to get it from Isaac. As the person in charge of FXCM International Group's contact with external financing institutions, he must be aware of the bids from all parties."

"But how can we convince him to help us?" Su Yi frowned.

Wang Huaijin smiled and said, "I have carefully studied Isaac's file. Although he is one of the shareholders of 'FXCM International', he does not hold many shares, less than 5%, and has been the president of the marketing department for five years. Although he successfully joined the group's board of directors in the past year, he has never been appointed as the group's vice president.

We can promise that after the successful acquisition, we will promote him to vice president and provide him with adequate salary and corresponding power within the group.

As far as I know, this person's business ability is very strong.

On the premise that we have the ability to acquire the company 'FXCM International'.

I believe that if we extend an olive branch, the other party will definitely consider it. At least after comprehensive comparison... except for the unknown factors in the initial acquisition price, the other conditions offered by our organization should be the best conditions. "

"Okay, sure." Su Yi nodded slightly, "You can contact them and give it a try."

Wang Huaijin nodded and then called Isaac.

The two men exchanged some pleasantries first, and then when Wang Huaijin learned that there was no one else around the other party at the moment, he smiled and proposed conditions, and inquired about the bids of several other potential acquirers.

Isaac saw Su Yi personally leading the team to negotiate.

We already know that Huayi Capital is determined to acquire our own group.

Now, Wang Huaijin's tentative words were heard again.

He considered his future prospects and the changes in his position within the group after Huayi Capital acquired FXCM International in full in the future.

I thought there was no reason for me not to side with Huayi Capital.

Therefore, after he put forward the condition that he hoped that he could continue to stay on the group's board of directors after the successful acquisition by "Hua Yi Capital", and after getting the agreement from Wang Huaijin and especially Su Yi, he directly revealed the acquisition prices offered by several other investors who had expressed their intention to acquire the company.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like