Reborn Tycoon Rise

Chapter 129 Progress of Two Acquisitions

"By the way, how are things going at TVB?" Xu Zhi suddenly thought of the TV station and asked with a smile.

Wang Liming replied: "I have contacted a Chinese senior executive of Jardine through a friend and reported the news. However, this kind of sale of tens of millions of assets will definitely require the approval of Jardine's board of directors, or Taipan New Bi." Jian’s approval, so the progress is still relatively slow.”

Xu Zhi nodded and said: "It's okay, this matter is not urgent."

"One more thing." Wang Liming continued: "My friend told me that as early as two years ago, Shaw Brothers secretly contacted Jardine and wanted to acquire Jardine's shares in TVB. However, it was said that due to price reasons, there was no It was agreed, and after the Wharf incident, Shao Yifu has been slowly moving around again recently."

"It seems that everyone is very smart!" Xu Zhi couldn't help but have a headache. If he ran into Shaw Brothers, his funds would not be as good as the other party. Shaw Brothers has been running movies for decades and has a very strong foundation. It has not yet completely monopolized the real estate industry. Today's economy in Hong Kong, Shao Yifu is one of the top ten richest men in Hong Kong, not to mention the network of connections behind him and the funds he can mobilize!

The Wharf incident caused Jardine to be short of funds. Jardine has been operating in Hong Kong for hundreds of years, and actually has a lot of high-quality assets in its hands. It’s just that these British guys don’t know how to use it. Now there are new wealthy people challenging Jardine, and other industries are slightly Tycoons with some ideas have appeared! After all, if we can take over some of Yihe's industries now, the price will definitely be very favorable.

Wang Liming nodded and said: "But I don't know whether it's because we haven't negotiated the price yet or because Jardine doesn't plan to sell it. My friend's connections are not yet accessible to the British."

Xu Zhi said: "No matter which one it is, it is not good news for us."

If Yihe is dissatisfied with the price, then the price of buying it himself will be extremely high, and may even fail completely. After all, this involves the business transformation of the Shao Yifu family, and he will take it no matter how high the price is.

And if Jardine refuses to sell, it will be even worse! But it's not very likely, especially at this extremely dangerous time in Wharf.

Wang Liming said: "Xu Sheng, how about we test Hutchison Whampoa? Hutchison Whampoa is the largest shareholder of TVB. As long as this company is taken care of, it doesn't matter what happened to Jardine!"

"No." Xu Zhi refused: "You know that we have been secretly acquiring Hutchison Whampoa shares. Once we contact Hutchison Whampoa, the other party will check our background and will most likely be investigated. I have other plans for Hutchison Whampoa. We cannot ruin all these arrangements just because of one TV station.”

Wang Liming nodded and said: "Okay, then I'd better wait for Yihe's reply!"

"Then just wait!" Xu Zhi took a sip of water and asked again: "How is the acquisition of Qingzhou Yingni?"

Wang Liming replied: "This time we have hired Huttoli Financial Company, a subsidiary of HSBC, as the acquisition consultant for the acquisition of Qingzhou Yingni. So far, we have acquired 17.3% of the shares."

Xu Zhi asked in surprise: "So fast?"

You must know that it took me several months to acquire 5% of Wharf's stocks, and now the same is true for the secret acquisitions of Hutchison Whampoa and Yangtze River. In order to prevent discovery, the progress is very slow.

Wang Liming smiled and said: "Huoduoli did not directly purchase it in the secondary stock market. Instead, he contacted several shareholders of Qingzhou Yingni and directly purchased it at a premium of 20%-30%. He also signed confidentiality agreements with them. No rumors are allowed to be revealed. Before we send out the acquisition offer, they will continue to participate in the board of directors meetings in their previous capacity, but all proposals must abstain from voting or notify us and obtain authorization!"

Xu Zhi smiled and said, "The efficiency is just different."

One of the reasons for being able to operate like this is the status of HSBC. It went to shareholders to acquire the company at a premium, and most people would not refuse. More importantly, even if they refused, unless they had a very good relationship with the acquired company's family, they would risk it. At the risk of offending HSBC, everyone would keep secrets wisely. If Xu Zhi ran over and said he wanted to acquire the company, the other company would probably know about it in a few minutes.

Another reason is that Yingzhou Yingni is just an inconspicuous small company. It is far behind Cheung Kong Holdings, Hutchison Whampoa, and Wharf. Those who can hold shares of these three companies and have a certain share are not small people. The acquisition It is extremely difficult to get up, but there is no such problem with Qingzhou Yingni.

Wang Liming continued: "Qingzhou Yingni has been established for more than 90 years. It was jointly founded by the British businessman Kane family and Guangdong businessman Yu Duanyun. However, the British shares accounted for 60%. Coupled with the turmoil of World War II, the Yu family basically It has withdrawn from operations, and after listing and multiple financings, the Kane family owns almost 28% of the shares, and the other shares are very scattered. Huduoli only acquired 17.4% of the shares from 9 shareholders, and some remaining shareholders Although I didn’t agree, it looks like I’m ready to raise the price!”

Xu Zhi said with a smile: "It's normal. If this happens to me, tell HSBC not to waste too much time. As long as the price is not too outrageous, then agree to it. If it doesn't work, just buy it from the secondary market."

In a quick acquisition, the most taboo thing is not how much money is spent. From a human point of view, if you want to acquire the stocks I hold, of course you have to pay a high price. It’s just that everyone’s heart is different, so these shareholders who hold shares sit on the ground. Raising prices is a normal behavior. Anyone who encounters this situation will choose the same way. If he has money but doesn't make money, isn't he a bastard?

But for acquirers, a successful acquisition is the only goal. If hesitation in the process delays the best time for acquisition, then it will be a real loss!

This was the case with Lao Bao's acquisition of Wharf in later generations. Jardine and Bao Yugang were competing for hegemony. At this time, there was no hesitation. Once the other party took the opportunity, the acquisition would completely fail.

So Lao Bao didn't talk nonsense so much. He made a direct cash acquisition of 105 per share, using more than 2.1 billion Hong Kong dollars, which shocked the entire stock market. In less than half a day, he acquired enough stocks and successfully defeated Yi. and, merged into the Wharf, and facts have proved that compared to the future income the Bao family will obtain from the Wharf, 2.1 billion is nothing. The annual rent of Harbor City alone after the 21st century will be as high as 10 billion Hong Kong dollars.

Of course, it actually has nothing to do with the Bao family at this time!

Wang Liming nodded and said: "Then I will contact Huo Duoli immediately!"

Xu Zhidao: "Go ahead, we must fight quickly."

The reason for being so anxious is actually that he is worried that reality will be like history. After Li Jiacheng changed hands with Wharf stocks, he turned around and acquired Qingzhou Yingni. Compared with Shaw Brothers, Lao Li was stronger and even Yihe was forced by him. In terms of its ability to control funds, Cheung Kong Holdings is definitely one of the top companies in Hong Kong. If HSBC hadn't intervened, it's hard to say what would have happened to Wharf!

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