Courtyard: My wife is Wen Li
Chapter 267 The New Lion King
When the negotiations started, He Yuzhu took Jiang Weimin and a small team to Ford, hoping to acquire Volvo. Ford did not expect this, but for businessmen, this was not difficult to understand.
The other party did not refuse directly. Instead, they negotiated with He Yuzhu. Volvo was actually not of much use to Ford. They had acquired it for several years. They now knew what Volvo was like, especially the technology that Volvo Cars had previously mastered. , selling now is not a problem for Ford.
Of course, we are not in an economic crisis now, but Ford's financial situation is not good. Selling it is not impossible, but the price needs to be discussed carefully.
When they purchased Volvo Cars from the Volvo Group, they spent US$6.5 billion, and the current price will certainly not be low.
He Yuzhu is certainly not taken advantage of. How much technology has Ford obtained from Volvo Cars, and how much has it saved in research and development costs?
In addition, he will not just buy an empty shell of Volvo Cars. It must have all the things that should be there. Although the two parties have not formally negotiated politely, the teams of both parties have begun to haggle over each other.
The information collected by Goldman Sachs worked, and now Ford has the intention to sell. After all, someone is willing to acquire a brand. This is not easy to encounter. After all, the cost of the automobile industry is very huge.
Even the subsequent investment is a huge amount!
The focus of both parties is technology and acquisition price. With one willing to sell and the other wanting to buy, He Yuzhu asked the Goldman Sachs team to join, but they provided support from behind, while Jiang Weimin led the domestic team to conduct head-on negotiations.
He Yuzhu is also cultivating Jiang Weimin, but He Yuzhu is not directly involved. He is still the big boss and cannot negotiate in person.
There are also disagreements within Ford about selling Volvo, but most people think it is a good car deal.
They have gotten what they want, but Volvo's profitability is not good. Instead of continuing to hold it, it is better to sell it directly. The funds obtained can be invested in the group and relieve the pressure of liabilities.
The domestic real estate market has been very good recently, but it has affected their car sales.
…
Han Chunming was leading another team to negotiate with MGM. MGM had just suffered an investment failure. The Windtalker, which they had high hopes for, failed, causing them huge losses.
Moreover, the liability of up to 2 billion US dollars has seriously affected the income of MGM Group, and the high interest rates have made people breathless.
I tried to stand up but failed!
Kerkorian, who held 47% of the shares, suffered the most losses, and other shares were scattered.
There is no need to think about the annual dividends. The interest payment alone is a big item. Other shareholders are also interested in selling. Now that someone comes to buy, they are naturally willing.
However, the other party turned out to be from the East, so they naturally opened their mouths. However, Han Chunming had already obtained detailed information and laid out the other party's belongings. MGM Film Company did not have much confidence.
Han Chunming said that he could take over the debt, but the purchase price should not be too high, otherwise the cost would completely exceed the value of the company. It was MGM that was worried now, not him.
Therefore, he was very calm.
What the two parties are arguing about now is the purchase price per share. If every share is reduced by 1 dollar, that is a huge amount of money.
Therefore, the focus of the dispute between the two parties is very clear. As a film company, MGM has complete distribution channels and a film library. These are of course very valuable, as well as studios and other resources.
The asset accounting is also a huge project. It surprised MGM that a team prepared by Goldman Sachs joined it, but it makes sense. Without Goldman Sachs, the other party would not be able to obtain such detailed information.
Han Chunming took the initiative in the negotiations between the two parties, while MGM began to retreat step by step. In the end, the stock price dropped by US$11 per share.
People at Goldman Sachs analyzed that this should be the other party's bottom line. After weighing it, Han Chunjing decided.
After acquiring all the shares, we assumed the responsibility of US$2 billion. The final purchase price was around US$4.6 billion, and what we are paying now is just over US$2.6 billion for the shares.
Of course, this is not a one-time payment, but an installment payment.
After the two parties sign the contract, there will be a down payment of US$800 million, followed by subsequent payments.
Subsequently, the rights to MGM were transferred, and MGM was renamed Lion Pictures, and its film logo remained unchanged.
At the same time, acquire the circulating shares of the stock market and delist them directly!
Yes, He Yuzhu delisted the film company. The current stock price makes it unnecessary to continue to be listed. After the temporary delisting, the company made adjustments and produced new movies, especially various profitable movie series, to increase its heritage.
If it is listed later, its value will be completely different, so He Yuzhu can hold 100% of the shares.
Han Chunming had just completed the acquisition and immediately became the darling of the American news media. However, Han Chunming kept a very low profile. His team began to take over the film company, and he went to Marvel. At this time, it was still called Marvel in China.
Han Chunming moved very quickly because the situation at MGM was in a bad situation, but He Yuzhu's progress was a little slow because Ford was not in such a bad situation.
Therefore, the two sides are still struggling, but they are infinitely close and successful.
He Yuzhu is no longer here at this time, but has gone to the new Lion Pictures. As the boss, he must show up, and the company management gathers together.
"Your positions will not be changed for the time being, but the situation of the company was very bad before, which means that your ability is questionable." He Yuzhu came up without being polite. This is the United States, and he is now the boss who holds 100% of the shares. "If someone doesn't If you are satisfied with my statement, then I can accept your resignation application now."
"And, with compensation in accordance with U.S. law, did anyone resign?"
"..." All the management were speechless for a while. This boss was really unacceptable. He was different from the Chinese they knew.
But this man is indeed a rich man. It is common sense not to offend rich people in the United States, and they are not willing to give up their jobs.
After all, if the position is temporarily unavailable, this is an opportunity. It is not only an opportunity to stabilize one's job, but also an opportunity to climb up.
When the boss arrived, he didn't even ask their names. They were all talented people. Why not take advantage of the opportunity?
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