My 1999

The powerful Toho Group is backed by the Hankyu Hanshin Group.

Like Seibu, the latter is also a large enterprise that developed mainly with subways, with multiple businesses such as real estate, department stores, hotels, and logistics.

There is a certain overlap with Seibu's business.

There is a basis for integration.

In 2005, Toho's revenue was 97.4 billion yen.

Seibu Bus's revenue was 80.7 billion yen.

Although Seibu is much worse, Seibu holds all the shares of Seibu Bus, and Hankyu Hanshin Group only has a controlling stake.

To achieve the transaction, Hankyu Hanshin Group has to make up some money to Seibu Bus.

Of course, this is without adding the debts of both parties.

"It may be difficult to acquire Toho now." Fukuda Yande said.

"Why?"

"Hankyu Hanshin and Toho are discussing a merger. They want to form a larger group."

Xu Liang frowned slightly. He didn't hear the news.

However, with the deep-rooted connections of the Fukuda family in Japan, they would not deceive him with such things.

"If you sell Seibu Railway to Hankyu Hanshin, they will definitely be very interested." Fukuda Yasuo said.

Xu Liang shook his head.

Seibu Railway has an operating mileage of 176.6 kilometers, 92 stations, transports nearly 700 million passengers each year, has an annual revenue of nearly 190 billion yen, and a net profit of 21.7 billion yen.

It is a high-quality company with stable returns.

He is not reluctant to sell it, but Toho is not worth it for him to hand over Seibu Railway.

"Toho is not worth my two companies, Seibu Railway and Seibu Bus."

"Mr. Xu, I think it's too early to plan Toho. The most urgent thing is Seibu. If you can't improve Seibu's financial situation, no one wants to sell the company to you." Fukuda Yasuo said.

"I know all this, but I hope to get a promise from my uncle to help me take over Toho after you become prime minister."

"I can help you, but the company that acquires Toho must be a Japanese company, at least on the surface."

"It's a deal."

"It's a deal."

After finishing the business, the two sides chatted for a while, and Fukuda Yande and Fukuda Yasuo said goodbye.

"How was the talk with father and uncle?"

"Not bad, basically reached an agreement. ...Is Vincent asleep?"

Fukuda Xinmei nodded with a smile, "He was making a fuss to find his father, and it took a lot of effort to coax him to sleep."

"Yeah."

"I have good news to tell you, I'm pregnant again."

She took out a check sheet and handed it over.

Although it's less than half a month now, it can be checked whether it's pregnancy or not.

Xu Liang didn't feel surprised. He was particularly excited the night he accepted two new loves, and the tadpoles were also more active, so the probability of winning the prize was very high.

Now it just confirmed his guess.

"Very good, by this time next year, Vincent will have a brother or sister."

"Maybe two."

"Haha, that's even better."

He returned the information to Fukuda Xinmei and hugged her slender waist.

"Just take good care of our children, and I will earn a big fortune for you."

Fukuda Xinmei nodded, and Yubi hugged the man's strong waist tightly.

The next day, Xu Liang received Caleb Lewis, head of Goldman Sachs Tokyo, at Hanhua Tokyo Office.

"Mr. Xu, it's a great honor to meet you."

"Mr. Lewis is polite, please sit down."

"Thank you."

After both parties sat down.

"My secretary told me that you want to talk to me about the issue of Universal Studios Osaka?" Xu Liang said directly.

His time is precious, so he will speak directly.

Now there are not many people who deserve his humility.

"Yes. We hope to acquire 10% of the shares of Universal Studios Osaka held by Universal Studios, and we are willing to pay 200 million US dollars."

The number of visitors to Universal Studios Osaka is between 8 million and 9 million per year.

And there is a trend of decreasing.

The investment has not been recovered yet.

"The total investment of Universal Studios Osaka is 2 billion US dollars. It has been built for five years. If I sell it for 2 billion US dollars, my loss will be huge."

Money will depreciate. The actual purchasing power of 2 billion US dollars in 1998 and 2 billion US dollars now may be 20 to 30 percent different.

"Mr. Xu, although the total investment of Universal Studios Osaka is claimed to be 2 billion US dollars, in fact, this money is invested year by year, and only 1.34 billion US dollars have been invested so far.

We are very sincere in acquiring it at a price of 2 billion US dollars."

Universal Studios planned to invest 2 billion US dollars, but after the development did not meet expectations, the investment enthusiasm of all parties faded.

"If this is your sincerity, why not do this, based on the standard of 2 billion US dollars, you sell me the 41% equity of Universal Studios you hold." Xu Liang said directly.

Caleb Lewis's eyes flashed with joy, "Mr. Xu, there is a saying in your country that 'a gentleman's words cannot be overtaken by four horses'. As a respected celebrity gentleman in the world, you will definitely keep your promise."

Xu Liang was stunned for a moment, and then reacted instantly.

He had fallen into a trap.

This Caleb Lewis originally planned to sell the shares of Universal Studios, but in order to get a better price, he did the opposite and started with the acquisition.

Xu Liang was not prepared and was caught directly.

Looking at the middle-aged man in front of him, who was wearing black-framed glasses and a well-tailored Armani suit, and who looked like a university professor.

"Mr. Louis, you are a smart man."

"You are too kind. I am just a little smart. You are a real genius who can beat Soros and Quantum Fund and dominate the global financial market."

"Although your compliment is very comfortable to hear, I am sorry, I have no interest in Universal Studios Osaka now."

Except for the first year after the opening of Universal Studios Osaka, the number of visitors reached 11 million, and it has been declining every year since then.

It has basically maintained at 8 million people, which is not comparable to Disney, which has nearly 30 million annual visitors.

Although it also makes money.

But it takes a long time to recover the cost.

And the subprime mortgage crisis is coming soon. With the downgrade of consumption, the global tourism industry will fall into a trough.

If he buys in now, won't it be taken over by Goldman Sachs?

It is better to wait until the crisis breaks out and global assets depreciate before picking up the spoils.

"Mr. Xu, since you are not interested, why not sell us the shares of Universal Studios."

"I'm sorry, no."    "Why? You don't want Goldman Sachs' shares, which means you are not optimistic about the future of Universal Studios Osaka. Why keep them in your hands?"

"Because I believe in Goldman Sachs' ability, I want to see if Universal Studios Osaka can create better returns in your hands. If it can, I will make money on my shares.

If not, I won't lose too much."

Caleb Lewis frowned slightly.

Something went beyond his expectations.

"Mr. Lewis, I still have a lot of work to do. If you don't have anything else to do, I will leave."

"Mr. Xu, in addition to Osaka Disney, I have another thing I hope to cooperate with you on."

Xu Liang made a gesture to continue.

"I heard that Mr. Xu plans to sell Netcom?"

"Goldman Sachs is well-informed, but since you have received the news, you should understand my purpose of selling Netcom."

Caleb Lewis smiled and said, "Mr. Xu, if you are interested, we can give you the opportunity to invest in Venezuelan Petroleum Company."

Looking at this smiling guy, Xu Liang had the urge to punch him.

Venezuelan oil is indeed a huge piece of fat meat.

The proven oil reserves are 296.5 billion barrels, accounting for 18% of the world, ranking first in the world, even more awesome than the Middle East oil producer Saudi Arabia.

In addition to oil, there are 196 trillion cubic feet of natural gas, ranking eighth in the world.

The rich oil and gas resources are coveted.

With mines at home, Venezuela has really had a good time.

Especially during the two oil crises, it was simply a lie.

But the princes of the Middle East have a history of thousands of years, have seen the world, and know the truth of being prepared for danger in times of peace.

With the money earned from oil, they invest globally and strive to develop other industries.

Venezuela is just like the black guys in Africa. When they have money, they just build as much as they can, regardless of tomorrow and the future.

Short-sighted behavior coupled with the Chavez brothers' shady operations.

Venezuela's oil industry collapsed directly.

It's fine if you want to nationalize it, but we invested so much money in development, you should at least make our investment pay off, right?

As a result, there was nothing to search for, and they confiscated our assets.

Who the hell dares to invest here?

Credit bankruptcy, without the technology and market brought by foreign oil companies.

Venezuela's oil is really withering.

Venezuela is now a beggar with a golden rice bowl, and has become a global laughing stock.

"Mr. Louis, are you kidding me?"

Xu Liang looked unfriendly.

Everyone knows that Venezuela is a big pit, and you still want me to go there. What's your intention?

Caleb Louis smiled and said, "Mr. Xu, you are a world-class business genius and have created countless miracles. Maybe you can break the current chaotic situation in Venezuela and mine gold there..."

Xu Liang rolled his eyes directly.

"Forget about the gold mine. If Goldman Sachs thinks it's a gold mine, go there by yourself. Don't take me with you."

After saying that, he completely lost his patience and stood up and walked out the door.

"Sister Li, please help me see the guests off."

Li Jinling agreed, "Mr. Louis, please."

Caleb Louis sighed in his heart and stood up slowly.

It was a wasted trip today.

...

Ruihui Financial wanted to get rid of the mess of Seibu as soon as possible, and Xu Liang also thought of a solution to Seibu Group's debt.

With both parties willing, the negotiations progressed relatively quickly.

After about half a month, each party's bottom line was almost clear.

"President, this is the agreement we just reached.

It is mainly summarized into nine articles and 73 clauses.

First, Seibu Group shall not go bankrupt.

Second, Hongyan will provide a guarantee, and Ruihui Financial Group will provide $1.5 billion in working capital to help Seibu Group resume operations.

Third, from the date of signing the agreement, Seibu Group does not need to repay its debts within two years.

Fourth, Seibu Group's total debt of $27.054 billion will be repaid in five years, with an annual interest rate of 2.57%.

If the repayment is made for two consecutive years, Ruihui Financial Group can provide Seibu Group with a new loan with an interest rate of no more than 3% to cover the previous debt.

If we repay within two years, no interest will be charged.

Fifth, Ruihui Financial Group supports all reforms of Seibu Group by Xu and provides certain assistance when necessary.

Sixth, Ruihui agrees to provide $7 billion in CDS bonds with US 3A-rated real estate subprime bonds as collateral. ”

“Only $7 billion?” Xu Liang interrupted.

“Yes.”

“Ask if it can be increased, preferably $10 billion.”

Recalling the hesitation of the Ruihui negotiating representative, Kawashima Makoto hesitated and said, “It is probably difficult. We negotiated for this $7 billion for a long time.”

Xu Liang said with interest, “The reinsurance company under Ruihui is not optimistic about the US housing market?”

“Not sure, maybe it’s related to the risk control system. "

Xu Liang nodded. During this period, both Hongyan and Hanhua had purchased CDS bonds with US 3A-rated real estate subprime bonds as collateral from major Japanese insurance companies.

All added up, it has reached 20 billion US dollars.

Adding this 7 billion US dollars, it is close to 30 billion US dollars.

"During this period, you can go to Mitsui Sumitomo and Tokio Marine Nichido Fire Insurance to see if they can provide insurance policies."

"Hi."

"Go on."

Kawashima Makoto nodded and continued: "Seventh, if the acquisition of Seibu Group encounters political risks, Ruihui Financial Group has the obligation to resolve it. If it cannot be resolved.

Ruihui Financial will compensate Xu for all losses incurred in the process of acquiring Seibu Group.

Eighth..."

After all the details were explained to Xu Liang,

"President, that's about it. If you are still dissatisfied, we will talk about it again."

"Except for CDS bonds, the rest is fine."

"Hi." "

After several more talks, the two parties signed a contract after Seibu's share of CDs was increased to 8 billion US dollars.

With the cooperation of Mizuho and the Fukuda family, there was not much scrutiny and obstruction from the political circles.