Among the world's top headhunting firms, there is a company that has a high probability of acquisition, of course, not a wholly-owned acquisition, but the acquisition of a part of the equity to become an important shareholder.

Even if it is a part of the equity, it is enough to make Xia Yu happy.

Moreover, this company that can become a shareholder is also Korn Ferry International, which will rank first in the world's headhunting industry in the future.

It is also the company that Xia Yu most wants to invest in, leaving aside the future prospects, the talent pool of Korn Ferry is the most suitable for Xia Yu, not only focusing on the level of ordinary executives and directors of the world's top 500, but also developing the hunting business of middle management.

The employees at the bottom can grab a lot of them casually, and if a large company wants to develop well, what it lacks is high-end talents, and it just so happens that Korn Ferry International can meet Xia Yu's requirements.

Moreover, Korn Ferry is also the first to set up a branch in Xiangjiang, Xia Yu is also very familiar with it, if he can become the major shareholder of the parent company of Korn Ferry, the Xiangjiang branch can be divided into his territory, which will be of great help to him.

With anticipation, Xia Yu patiently read the two consultation reports, and a hint of understanding flashed in his eyes.

When he saw the OTC deal, he understood why a part of the equity would flow out before Korn Ferry was listed.

It all started in 1972, seven years ago.

Founded in 1969 by Lester Cohen and Richard Ferry on the West Coast of the United States, two heads of the executive search department of KPMG West Coast, Korn Ferry has the spirit of "western cowboys" and pioneered advertising for headhunters in newspapers, a strategy that has led to the rapid rise of Korn Ferry.

However, because of this publicity expense, the faster Korn Ferry grows, the greater the publicity expense, and the company has not been profitable since its establishment.

It wasn't until 1972 that Lester Cohen, one of the two founders, was in dire need of money and traded a 25 percent stake in the OTC market in the United States, when it was bought by an investment firm for $4 million.

When it comes to stock trading, most people think of stock exchanges.

However, it is important to know that OTC over-the-counter transactions have appeared more than 100 years ago, and this kind of trading has no fixed venue, no prescribed membership, no strict and controllable rules and regulations, and even no prescribed trading products and restrictions, mainly one-to-one transactions conducted by counterparties through private negotiations.

At the beginning of its appearance, because investors at that time could only buy and sell stocks over the counter of the stores opened by securities companies and banks, the over-the-counter market and over-the-counter trading were also named, and the over-the-counter trading market was officially another name for OTC.

Straight to the point.

The 25 percent stake that went out of Lester Cohen in 1972 has also changed hands twice in the past seven years, and is now held by a large Wall Street financial investment firm.

Goldman Sachs Group Inc. and Merrill Lynch both said they were confident that they would help Xia Yu complete the acquisition of the shares.

In fact, after reading the consulting reports given by the two companies, Xia Yu knew that the acquisition was not a big problem, after all, he knew very well the essence of Wall Street's financial companies, as long as the dollars were in place, there was nothing that could not be sold!

Now if Jiuding Securities Company comes to the door, he is sure to acquire the equity.

However, due to the lack of connections and influence, even if Jiuding Securities can really complete the task, it will take a long time, and it may be slaughtered.

This is unacceptable to Xia Yu!

Instead, it was Goldman Sachs and Merrill Lynch, two Wall Street giants, to come forward.

Spending some money to get the equity early and securely is definitely worth it.

Therefore, Xia Yu immediately contacted Goldman Sachs Group and Bank of Merrill Lynch, and after some comparison, Xia Yu still chose Bank of Merrill Lynch as a partner in this acquisition business.

There is no way, at this time, Merrill Lynch is stronger than Goldman Sachs Group, and Merrill Lynch has a lot of relationship with that financial company, so it gave Xia Yu a lower offer.

On the premise that the success rate can be guaranteed, of course, choose the cheaper one, this is the rule in the business field, the technology is not as good as others, Goldman Sachs Group has nothing to say, can only look forward to Xia Yu and Xia Yu cooperation.

Merrill Lynch is highly efficient.

Eight days later, 25 percent of Korn Ferry's shares went to Xia Yu, who paid $25 million.

After all, Korn Ferry has not been listed, and in order to develop, it has been in a state of loss, so the value is not very high.

How much profit Merrill Lynch made from it, Xia Yu didn't know, and he didn't care.

I still remember that in my previous life, the market value of Korn Ferry International was billions of dollars after its listing, and now even if you count the handling fee of Merrill Lynch, according to the valuation of 100 million US dollars, there is still a dozens of times the increase.

Such a large profit margin is a good investment for Xia Yu, not to mention that this investment will also play a complementary role in his career.

After the equity was in hand, Xia Yu entrusted Wang Qi to fly to the West Coast of the United States to represent him to attend the shareholders' meeting after the change of shareholders.

Because Korn Ferry has not yet been listed and has not raised funds, the shareholder information is very simple, and there are only three shareholders in a total of one company.

Co-founder Richard Ferry holds 49% of the shares, as the largest shareholder now.

The second largest shareholder is another founder, Lester Cohen, with a 26 percent stake.

Originally, Lester Cohen was the largest shareholder with 51% of the shares, but he sold so many shares that he gave up the chairmanship.

In the end, it is Xia Yu, who is only one percent short of Lester Cohen.

Although Xia Yu came last, and Richard Ferry and Lester Cohen wore the same pants again.

But the two also knew that Xia Yuming had strong strength on his face, and they didn't want to offend Xia Yu too much.

In addition, Xia Yu's request to Wang Qi was also of great benefit to Korn Ferry International, so after some discussion, the head office decided to increase its efforts to develop the Asian market, and adjusted the Asian headquarters originally scheduled for Singapore to Xiangjiang as the Asian headquarters.

Korn Ferry Heung Kong Branch accepts the leadership of the parent company, but Xia Yu also has the right to escrow.

After the confirmation, Xia Yu immediately summoned Robert Joyce, the general manager of the Korn Ferry Heung Kong branch and his old friend.

Robert Joyce was also in a mess for a while when his first client became one of his bosses, but fortunately he quickly recognized the facts.

After the Korn Ferry branch received a large amount of resources from the parent company, and Xia Yu, one of the new bosses, gave him instructions and drew a huge pie, Robert Joyce excitedly devoted himself to the great cause of recruiting talents for Xia Yu.

A weakness in his career began to be made up, and Xia Yu felt a lot more comfortable.

It's just that there are always people in this world who don't want Xia Yu to live a leisurely life.

A transatlantic phone call from London ruined Xia Yu's good mood.

The call was made by Hua Shengshi, who bought antiques for him, and someone was secretly making trouble, planning to slaughter Hua Shengshi or Xia Yu as a fat sheep, and he was ruthless and insidious.

After listening to Hua Shengshi's story, Xia Yu was annoyed!

The tiger doesn't wield, he really thinks he's hello kitty!

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