Chapter 44 Negotiations
Dudeser naturally took out a pen this time and wrote down Lu Zheng's words in his notebook. Next, he will organize manpower to discuss the acquisition.
After returning to the office, Dudeser first contacted the Leo president's office of Logia and agreed to discuss the matter in two days.
Two days later, the conference room of the Logia company.
Mr. Doudeser met with Mr. Leo and the negotiating team he had arranged.
Dudeser first introduced the personnel to Logia, including marketing director, financial director, legal counsel and technical director. In addition to the fact that the financial director and legal counsel on the side of Luyin Building are indeed real, Lu Zheng, in order to facilitate this negotiation, easily gave Du Desean the title of CEO of Green Island Investment Company, and the other two in his department were given the titles of marketing director and technical director respectively.
Next, the two sides introduced the company's own situation. Of course, Dudeser knew how difficult the task Lu Zheng gave him, so he actually said sharply, such as: "Recently, our group company has acquired 30% of the shares of Fruit Computer Company, 30% of the shares of General Dynamics, 100% of the wholly-owned acquisition of Geely Razor, and our boss as a ticket to play LFC Football Club, etc. β
Leo took over the topic and said, "After the introduction, everyone got to know each other better. We have decided to discuss the methods and scope of acquisitions, as well as personnel arrangements, and brand rights. Do you have any objections?"
Dudser shook his head as a representative and said, "Mr. Leo, let's get straight to it!"
Leo continued, "The question of the manner and scope of the acquisition: After the Board of Directors has decided to sell all of our businesses except for the telecommunications business in its entirety, we are ready to sell it for a package price of $2 billion. β
Dudeser was stunned for a moment, I was going to buy it as a wholly owned company, he was silent for a while and said to Leo: "Mr. Leo, we are here with great sincerity, and we plan to acquire your group as a wholly owned company.
Before leaving, our boss had an explanation, except for the military industry, we don't touch, and the rest of the prices or methods are negotiable. Why don't you talk to your board of directors?"
Leo covered his forehead and said bitterly: "No, this won't work, I won't sell the telecommunications business if I die." You don't even think about it, or just end our negotiations?"
Dudeser took a sip of coffee and said slowly: "As far as I know, your company is now on the verge of bankruptcy, right? Can the board of directors agree to our ready-made pick-up man? I suggest adjourning the meeting for ten minutes." β
Leo agreed to the request for an adjournment.
Taking advantage of this opportunity, Dudeser invited Leo to take him on a tour of the company's headquarters. They walked out of the door of the conference room, and Dudser whispered to Leo: "I can tell you the truth, if you agree to sell, I can go to our boss and suggest that you continue to take charge of the telecommunications business." But what if we move on? What do you say, Mr. Leo.
If I'm not mistaken, you're just a part-time worker, how much of your company's telecommunications division accounts for 20 percent of the company's total assets?"
At this time, Leo was very painful, on the one hand, the company that was about to go bankrupt, and on the other hand, the temptation of Hongguoguo, but it was really his own argument on the board of directors that made the group of vampires agree to keep the telecommunications department, did he want to go back on his word?
Eventually, Leo decided to test the bottom line of the board members, and he asked Dudeser to come to the office for a while to quote a price before he could have the opportunity to report to the board members.
When the time for recess came, Leo walked into the conference room and carefully discussed with their team members, since they were a team, there must be people from different directors, representing the interests of each director.
No, now the rest of the team, except for the legal counsel, have agreed to wait for the Dudeser side to submit the acquisition plan and offer. They will then report to their respective bosses, the directors.
Thirty seconds had passed since the recess, and then Dudeser walked in slowly and took his seat. Then he said solemnly: "Mr. Leo, gentlemen. I also heard your quotation just now, and now I also quote our sincere price, including all businesses and brands, and we ask for 100% control.
Our offer is $2.5 billion, which does not include $200 million in repayment of debts to your other properties. In other words, our company is willing to offer a total of $2.7 billion to buy your group.
Of course, if you don't want to sell your brand and military business, you can do that, and we'll offer $200 million off. Well, gentlemen, now I would like to hear your opinions. β
The members of Logia requested that the meeting be adjourned until the board meeting decides.
Dudeser smiled and said to the team members: "Boys, we have a holiday. At the same time, he turned to Leo and said, "Mr. Leo, I hope that I will know the result by the day after tomorrow at the latest." β
~~~~~~~~
In the office of the board of directors of Logia Company, the five members of the board of directors and Leo were in a meeting, and Leo said dejectedly: "Gentlemen, the conditions and prices offered by the other party are like this. I would like to ask all of you to have your say on how we will respond next. β
A young man in his thirties with long hair said: "I think this price is fair to their analysis, so I am in favor of them taking it 100% in a package." β
An old man in his fifties with a red nose said: "I also agree with Billy's opinion, but our price can be floated up a little, such as 200 million?"
A middle-aged man in his 40s, wearing a jacket and glasses, also said: "I agree with Mr. Helsinki that they can take the initiative to increase the money, which must be because they see the development prospects of our company." β
A woman in her 40s, also in her 40s, wearing a crimson sweater jacket, said: "Since he doesn't want our brand and military business, then I think the price they offer is more appropriate, why don't we continue to use this brand to run our military business? β
Everyone turned their heads and stared at the old man with glasses and a gray beard on the topβhe was the one in charge. At most, the four of them only have the right to make suggestions and have no right to decide.
I only heard the old man let out a long sigh, and then said for a long time: "Since you all agree, and they are also the highest bidder so far, then follow Tanin's meaning! Since they don't want military business and brand, let's keep a thought."
Leo, go and reply to them, just say that we agree to sell $2.5 billion in other businesses except for the military business and the brand.
But there is one rule, please treat our employees well, and the company cannot move out of our country. β
After saying that, he dragged his rickety body and left alone.