Chapter 376: Goldman Sachs was sold, and he had to help Xia Yu count the money (two chapters in one)
"Mr. James, your company is one of the best in mergers and acquisitions, and I heard that as long as your company handles the acquisition business, it will hardly fail. ”
As soon as Xia Yu's flattering words came out, James Richard was really stunned, Xia Yu didn't play cards according to common sense at all, and it was completely different from what he thought!
However, without making James Richard continue to doubt, Xia Yu paused for a few seconds and continued.
"So this time I came here to entrust your company to help me acquire some stocks!"
After speaking, Xia Yu looked at James Richard with a smile.
Hearing this, James Richard already knew in his heart what Xia Yu wanted to do.
"Mr. Xia, is it to acquire the shares of Jardine Machinery Group?"
Despite his guesses, James Richard asked solemnly.
"Yes, I would like to entrust your company to help me acquire the shares of the Jardine Machinery Group in the hands of Cummins Inc., Nomura Securities, Daiwa Securities, etc. ”
Xia Yu bowed slightly, said affirmatively, and looked at James Richard with burning eyes after speaking.
James Richard's heart jumped, and he instantly cheered up.
After all, according to the requirements that Xia Yu has said now, at least a transaction involving hundreds of millions of Hong Kong dollars is involved.
Such a transaction is already a heavy-duty transaction for the Xiangjiang branch of Goldman Sachs Group, according to the normal commission commission, there are also tens of millions of profits, can James Richard not pay attention to it?
The customer is God!
Xia Yu threw such a big cake, and James Richard's attitude instantly became enthusiastic.
"Mr. Xia, thank you very much for your trust in our company, we have a certain confidence in this business, but I don't know what detailed requirements you have?"
James Richard asked expectantly.
The fish has taken the bait!
Xia Yu smiled in his heart.
However, instead of answering his question as James Richard had expected, he made a look of sudden realization and asked, "Mr. James, I just remembered that it seems that your company also has some shares in the Jardine Matheson Group?"
Seeing Xia Yu's somewhat exaggerated acting skills, hearing his words, James Richard's smile gradually converged and returned to his shrewd appearance, and after he looked at Xia Yu for a few seconds, he nodded slightly and said, "I remember that our company has some stocks." ”
Speaking of this, James Richard didn't say anything more, waiting for Xia Yu to take the initiative to speak.
It's just that he also began to think about whether to sell the stock to Xia Yu in his heart.
In fact, after Xia Yu spoke, James Richard knew that what Xia Yu threw out in front of him was the bait, which was also a condition, otherwise he would not have suddenly stopped talking and avoided talking.
Whether the entrusted acquisition business can be followed depends on whether the shares in their hands are willing to sell to Xia Yu.
If it is sold, then the flatbread thrown by Xia Yu will naturally belong to them.
If they hold on to the stock and don't sell it, then this mouth-watering, heavy business will slip away from his eyes.
James Richard had planned to keep holding the stock, but now it was clear that he had to make a choice!
His eyes met with the high-level on the left and right, and the two high-level executives next to him bowed their heads slightly to show their attitude, and James Richard's eyes flashed, and he made a decision in his heart.
Look at the price, as long as the price is appropriate, combined with the later pie, as long as the overall benefit is greater, it can still be sold!
"Mr. James, I want to buy the shares of Jardine Matheson Machinery Group in your company's hands, I don't know what conditions your company has?"
Xia Yu asked straight to the point, saying it very explicitly, without concealing it at all.
After speaking, Xia Yu looked at James Richard quietly, waiting for his reply.
James Richard showed an apologetic smile and said, "Mr. Xia, I can't do this alone, we need to discuss it, please wait!"
With that, James Richard stood up and walked outside, followed by the other two executives.
"Please, please!"
Xia Yu stretched out his hand and made a gesture of invitation, and said with a smile.
Then, James Richard and the three of them were seen leaving the small conference room.
"Boss, it seems, should be fine. ”
Wang Qi, who had been silent, couldn't help but smile and said.
Xia Yu smiled faintly, bowed his head slightly, and said, "If I were them, I would sell it!"
didn't let Xia Yu and the others wait for a long time, and after a while, the door of the small conference room opened again, and James Richard and the three walked in again.
"Mr. Xia, the shares of JEC can be sold to you. ”
Hearing this, Xia Yu smiled slightly to express his gratitude, and quietly listened to the next conditions.
"But you also know that the share price of Jardine Machinery Group still has a lot of room to rise, and you can't let us suffer, so we want the price to be 110 Hong Kong dollars per share!"
James Richard said calmly, hearing this price, Xia Yu couldn't help but narrow his eyes.
James Richard is really a lion's mouth!
On Friday, the closing price of Jardine Machinery Group was only 78 Hong Kong dollars per share, and now he is shouting 110 Hong Kong dollars, a premium of 41%!
This price shouts fiercely!
Without Xia Yu to speak, Wang Qi knew that he was going to appear on his own to sing a duet with the boss in blackface, and he said without hesitation with a cold face: "Mr. James, this price is too high, we are not wronged!"
James Richard still smiled, not a little embarrassed, but shrugged his shoulders and said softly: "Mr. Wang, this price was decided after discussion by our company, and it is the will of our entire company, in fact, I also want to be cheaper, but I'm really sorry, you can't let us lose, right?"
This kind of ability to open his eyes and tell nonsense, James Richard is not bad, he easily pushed the pressure away, wanting to block Wang Qi and Xia Yu's bargaining.
But with such a high price, it is absolutely impossible for Xia Yu's side to accept it.
So I saw that Wang Qi continued to retort: "Mr. James, at this price, we can completely take the shares in the hands of other companies, presumably Cummins and Nomura Securities are also willing to sell, we don't need to buy the stocks in your hands, and we don't need to entrust the acquisition business." ”
Wang Qi also used a killer move, using the acquisition of business to remind James Richard.
The price of 110 Hong Kong dollars per share may not be able to win the shares in the hands of other companies, but Wang Qi said this, and James Richard can't refute it, can he still prove it?
......
After a fierce war of words, the stock price was finally negotiated, from HK$110 per share to HK$95 per share, a premium of 21.7%.
But to agree to this price, Goldman Sachs is also conditional!
Xia Yu will use the bondage regulations, and of course James Richard will use them!
That is, it is okay to sell the shares of Jardine Machinery Group in the hands of Goldman Sachs to Xia Yu, but Xia Yu must also hand over the entrusted acquisition business to Goldman Sachs and sign the agreement at the same time.
"Mr. James, first of all, thank you for your help, then let's talk about the entrusted acquisition business. ”
Xia Yu first thanked him, and then mentioned the heavy acquisition business that James Richard was thinking about.
"Mr. James, I am willing to pay 120 Hong Kong dollars to entrust your company to acquire the shares of Jardine Machinery Group on my behalf!"
Xia Yu smiled and threw a bombshell.
James Richard was shocked, and then his face was happy, he didn't expect that what he was desperate to lower the price just now was that he was so generous and gave such a high purchase price!
He was mentally ready to continue negotiations with Xia Yu, but now the price completely exceeded his psychological expectations, and there was no need to talk about it!
Fixed purchase price of HK$120 per share!
Totally over the 50% premium!
This means that their operational profit margin is in the 42 HKD!
If the price they buy is lower, they will sell it to Xia Yu at a price of 120 Hong Kong dollars per share, and the higher the profit will be!
Including the shares held by Cummins Inc., Nomura Securities and Daiwa Securities, the theoretical upper limit of profits is 270 million Hong Kong dollars.
Of course, this profit ceiling is the case when Goldman Sachs buys the shares at a price of 78 Hong Kong dollars, and if Goldman Sachs buys the shares from them at a higher price, the lower the intermediate profit Goldman Sachs gets!
How much profit you can get depends on Goldman Sachs' ability!
"Mr. Xia, we took over this business!"
James Richard said without hesitation, as if he was afraid that Xia Yu would regret it.
Who knows, just as James Richard was smiling, Xia Yu shook his head slightly, and said: "Mr. James, don't worry, we are also conditional on giving such a high price!"
James Richard's smile retracted, looked at Xia Yu solemnly and said, "Please speak!"
Xia Yu still has conditions, but James Richard is more at ease, this is like Xia Yu!
"Our purpose in acquiring shares in JEC is to complete the acquisition of JEC and to wrest control from JEC. ”
Xia Yu said slowly, and James Richard nodded in agreement.
Indeed, this is the truth, and he cannot refute it.
"Your company also knows that Jardine Matheson Holdings is now the largest shareholder, with a very high stake, and it is very close to the absolute holding line. ”
"So this means that we have to complete the absolute control of JEC before Jardine Matheson. ”
"If our acquisition fails, then the entrusted acquisition agreement will be terminated directly!"
Xia Yu said very plainly, but James Richard nodded solemnly, obviously agreeing with Xia Yu's conditions.
He subconsciously thought that this was a condition for Xia Yu to urge Goldman Sachs to help buy the stock as soon as possible.
But from the bottom of his heart, he also wants to help Xia Yu complete the acquisition as soon as possible.
Because the longer it drags on, it will certainly lead to the failure of the acquisition and the agreement will be lost, the higher the stock price, and the lower the intermediate profit that Goldman Sachs can obtain.
"Mr. Xia, rest assured, we will definitely do our best to help you acquire the shares. ”
James Richard promised.
"That's good!"
Xia Yu said with a smile.
Once the negotiations are settled, the next step is to start signing the agreement.
It didn't take long for two different agreements to be drawn up and signed.
94.62 million Hong Kong dollars to buy 2.49% of the shares of Jardine Machinery Group in the hands of Goldman Sachs Group, and went directly to the bank to pay off the money.
"Happy working together!"
"Happy working together!"
Xia Yu shook hands with James Richard and congratulated each other.
"Mr. James, I'm going to bother you a lot next!"
Xia Yu reminded again.
"Mr. Xia, please rest assured, we will do our best!"
James Richard once again solemnly promised.
"Looking forward to your good news!"
After speaking, Xia Yu said goodbye to James Richard and took Wang Qi to get in the car and leave.
"Boss, you're so good at playing James Richard. ”
In the car, Wang Qi said admiringly.
"Haha, you cooperated very well, and didn't let them find a flaw. ”
Xia Yu said with a smile.
Xia Yu's entrusted acquisition agreement did not intend to make it successful from beginning to end, and the purpose of proposing this agreement was to lure Goldman Sachs into taking the bait, making Goldman Sachs spit out the stocks that he was holding tightly, and at the same time being a pawn for him.
Although outsiders have always thought that Xia Yu wants to rob Jardine Machinery Group, Xia Yu did not deceive others and deceived himself.
He always kept in mind that he just wanted to make a fortune and at the same time exchange the 30% stake in the Jardine Matheson Insurance Advisors Group.
He has already received the news that the nine Chinese bigwigs are strong, and several of them have completed the preliminary preparations, and the remaining few are about to be completed.
This means that collective action is imminent.
At that point, the sky will fall apart, and the Jardine Matheson consortium will definitely panic.
And Goldman Sachs would never have thought that it would be less than two days left for them, and in these two days, even with the strength of Goldman Sachs Group, it would be impossible to gnaw the three hard bones of Cummins and the two securities companies in the island country.
At that time, as long as Xia Yu secretly completes the exchange with the Keswick family, the entrusted acquisition agreement with Goldman Sachs will naturally be terminated automatically, and the 120 Hong Kong dollars he promised will become a flower in the mirror.
If Goldman Sachs suddenly bursts out and takes some of the shares, Xia Yu will also fulfill the agreement, and agree to take it down with a share price of 120 Hong Kong dollars, and then sell it to the Keswick family?
Goldman Sachs can't sell the shares to the Keswick family at a price of 120 Hong Kong dollars, if Xia Yu shouts for 120 Hong Kong dollars, the Keswick family has to pinch their noses and buy it if they don't want to lose Jardine Machinery Group!
Of course, if Goldman Sachs fails to buy a little bit of shares in the end, Xia Yu will also offer them another 5 million Hong Kong dollars for hard work, and James Richard has nothing to say, but has to thank Xia Yu for his generosity.
After all, in the agreement signed between Xia Yu and Goldman Sachs, there was no mention of not allowing Xia Yu to sell his shares to the Keswick family.
This loophole was completely ignored by James Richard and others, after all, they were completely deceived by Xia Yu, thinking that he really wanted to acquire Jardine Machinery Group.
Even if this is not proposed, the 5 million hardship fee that Xia Yu is going to give after the acquisition fails is also taken out from Goldman Sachs, and with this 5 million, it is equivalent to buying the shares of Jardine Machinery Group in Goldman Sachs for 100 Hong Kong dollars per share.
If there is no entrusted acquisition agreement, Goldman Sachs is certainly not willing to sell the shares of Jardine Matheson Machines Group to Xia Yu at a price of 100 Hong Kong dollars per share.
But now, Goldman Sachs not only sold the shares at a share price of 95 Hong Kong dollars, but also got involved in the stock competition of Jardine Machinery Group in the form of a third party, muddying the waters even more, so that the Keswick family could not take the shares in the hands of three shareholders including Cummins.
It can be said that he is helping Xia Yu to work, delaying time for Xia Yu and preventing the Keswick family from completing absolute control.
Looking at it this way, Xia Yu found Goldman Sachs Group, full of routines, ring by ring, sold Goldman Sachs, Goldman Sachs was helping him count the money, and he had to thank him for his humanity when the time came!