Siheyuan: There are seven fairies in my house, I am so busy

Chapter 423 Fighting between Dragon and Tiger

By February 2, Wheelock's share price had risen to 14 yuan. In the afternoon, Wheelock's shares were suddenly suspended.

The confirmed news of the acquisition came out immediately. The acquirer was FALWYN, a company registered in Hong Kong by Qiu Deba just a few days ago.

Its financial advisor is Luo Fuqi & Sons (Hong Kong) Co., Ltd., which made a conditional general acquisition proposal on behalf of FALWYN.

FALWYN will acquire Wheelock shares for HK$6 per share in cash, with a total acquisition amount of HK$19 billion.

The proposal also claimed that Falwyn had acquired 13.5% of the voting rights in Wheelock from the Madden family.

When Zhang Yuliang, the largest shareholder of Wheelock, saw the acquisition proposal, he suddenly woke up from his dream. The most basic principle of a joint-stock company is that major changes in equity must be agreed upon by the major shareholder, not to mention that all directors must be informed.

Xiao Ma Deng secretly traded with Qiu's company, which was totally disrespectful to his long-time partner. Zhang Yuliang was furious.

What's more, if Qiu Deba takes over Hutchison Whampoa, the interests of the original shareholders may be damaged.

Zhang Yuliang secretly vowed to thwart the plans of Ma and Qiu. The strength of one family was a little lonely, so he went to ask for reinforcements in a hurry.

Legend has it that Li Jiacheng was the first person to be approached, but for some unknown reason it was Bao Gong who stepped forward to take on the challenge in the end.

Before Zhang Yuliang transferred the shares, he made a request to Bao, that is, if Bao decided to acquire the company, he must have complete control over Wheelock and not allow the other party any room for counter-acquisition. Bao said that there was absolutely no problem, and the insider negotiations were completed.

Bao Yugang was so decisive because Wheelock was no longer the family business of his old friend, old Madden. The intervention of the shipping magnate pushed the acquisition battle to a climax.

The two original shareholders of Wheelock, Zhang and Ma, sat on the sidelines and watched the fight, but they both placed their chips on the fighters of their choice.

When the stock resumed trading on Friday, the 15th, it was immediately pushed up to HK$6.4, exceeding the proposed acquisition price, which proved that a third party had entered the market and swept the market.

At this time, the truth that major shareholder Zhang Yuliang opposed Qiu Deba's acquisition of Wheelock has become clear to the world, and speculation in the market is mostly focused on Zhang Yuliang, thinking that he was opposing the takeover.

On Saturday, the 16th, when the stock market was closed, the Pao family's financial adviser, Wal-Mart, suddenly announced that it would make a conditional and comprehensive takeover proposal for Wheelock on behalf of Wharf Holdings.

Wharf's acquisition price is HK$6.6 per share, 22.3% higher than Chiu's FALWYN's acquisition price. It is prepared to use HK$34 billion in cash for the acquisition and claims to have directly or indirectly owned % of Wheelock's shares, which obviously came from Zhang Yuliang.

After the stock market closed, investors were suddenly excited, eager to see the battle between the mountain tiger and the river dragon. Small investors also had the opportunity to make a fortune from the fight between the two giants.

Qiu Deba, a wealthy businessman from Southeast Asia, came to Hong Kong with huge capital and naturally made preparations for counter-takeover in advance.

When the market opened on Monday the 18th, there was a dark market price of HK$6.8. Some people estimated that it was Qiu who secretly bought it.

Wheelock Holdings was suspended from trading on that day, but its seven subsidiaries did not have to suspend trading. The stocks of Wheelock Holdings' Property Trust and United Enterprises were both pushed up because they held Wheelock Holdings shares.

On February 2, the last day of the Year of the Rat, Luo Fuqi, on behalf of FALWYN, raised the acquisition price to HK$19 per share. The entire acquisition will involve HK$7 billion.

The acquisition price has reached a new high, and the market will be closed for 5 days during the Spring Festival. I believe that Bao Yugang and Qiu Deba will not have a peaceful year. They must make plans during this period and wait until the market opens in the Year of the Ox to fight again.

Zhang Jialiang knew that this battle between the dragon and the tiger would have no result before the Spring Festival, so he did not wait in Hong Kong but returned to Beijing.

Before reaching the courtyard, I ran into Xu Damao in the alley.

Xu Damao's image has changed a lot now. He no longer looks as decadent as he did more than 20 days ago.

Now the grandson is wearing a very neat suit, a tie around his neck, and leather shoes, looking like an elite.

When he saw Zhang Jialiang, he no longer avoided Zhang Jialiang as he had done a while ago because he felt that his development was not good enough. Instead, he greeted Zhang Jialiang warmly.

"Liangzi is back. I heard that you went to Hong Kong again. You are very capable now. I can't catch up with you even if I flatter you."

Zhang Jialiang took out a lighter he brought back from Hong Kong from his bag and threw it to Xu Damao, then took a look at Xu Damao's outfit.

“I brought it back from Hong Kong, and I’m taking it to play with.

I'm just busying myself. It seems like you've been doing pretty well lately. This outfit of yours must have cost a lot of money."

Xu Damao is very proud now. Seeing Zhang Jialiang's praise, he certainly wants to show off:

"Don't be so modest. You have opened three stores now, and each of them is making a lot of money every day. My friends are really envious of you. Recently, you even went to Hong Kong to develop your business.

I can only do a small thing, but this outfit did cost me a lot of money, more than 2000 yuan, it really hurts me!"

Zhang Jialiang knew that his grandson Xu Damao was very concerned about his reputation and had a strong sense of vanity. Now he and Xu Damao were no longer from the same world, but it would not be a good idea to stimulate Xu Damao too much, as that would not be very meaningful.

"That's a lot of money. OK, this outfit is worth it for you. It will make you look great when you wear it.

It is true that clothes make the man, and now I see that you are a successful person.

What are you doing recently?

Now that you have made a fortune, I knew you wouldn't stay quiet for long. Others have started making money, and you won't be idle either.

And you have good abilities, you will be able to make it sooner or later."

Xu Damao was very pleased. Zhang Jialiang's praise made him very happy. He liked others to look up to him, especially since Zhang Jialiang was so successful now and still spoke to him like this, it was obvious that he looked up to him.

"It's nothing. Just like you said, everyone else is doing business, and I can't just sit there doing nothing.

I started a company with my second uncle and now we are in the steel business.

I made a little money recently, which is okay, not as good as most but better than most.

Compared to you, I'm definitely worse, but compared to Shazhu, I'm not inferior.

My next step is to continue expanding the scale of my business. I will feel comfortable only when I can put Shazhu under my feet, so that he won't show off in front of me.

And there is that bitch Qin Jingru. When I was in glory, she cried and begged to marry me. But in the past two years, when I fell into poverty, that bitch kicked me away.

Now I am back on my feet. I want to see if that snob Qin Jingru will regret it. Even if she begs me on her knees, I will not forgive her!"

Zhang Jialiang didn't care about what Xu Damao said. He didn't want to get involved in the matter between Xu Damao and Sha Zhu, and he didn't want to get involved even more in the matter between him and Qin Jingru.

"Okay, no matter what, as long as I do well.

Now that you have started a company and have the ability, you can do whatever you want.

The New Year is coming soon. Let's have a good drink together when we have time. We haven't had a drink together for a long time.

We've had fights and quarrels over the years, and our relationship has been good and bad. Now we're both middle-aged, so we won't talk about the past. After all, after so many years of relationship, it's only right for us to have a drink together, don't you think?"

Xu Damao was very happy. At least Zhang Jialiang still thought about him and was willing to have a drink with him. This was very good.

"Okay, no problem. Now the conditions are better. I don't have to be stingy like I was in the past. Drinking a glass of wine is not a problem at all.

Just like you said, we grew up together, we've had fights and quarrels, but we've come this far and now we can drink at the same table, so we're still friends.

I won’t say anything else, we must not stop drinking until we are drunk!”

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