Chapter 625: Final Choice
Scott has enough authority and has a lot of room to float, but the representative of China Resources does not have this authority.
Therefore, after hearing Scott's offer of 12 billion, he could only shrug his shoulders and said to Yu Wenfei: "Our group can only pay this price, but there are many intangible benefits to cooperating with our China Resources." I think Fei always should understand the strength of China Resources, so I hope Fei always think about it carefully. β
When Scott heard this, he was even more unhappy, which means that he can't compare with money and start to use off-board tricks?
He also looked at Yu Wenfei, "Believe me, Wal-Mart is definitely your best choice! I have learned about Mr. Fei's situation and know that your focus is on the Internet field, so you will inevitably go global in the future." The friendship of the Wal-Mart family will bring great help to Mr. Fei to expand the European and American markets in the future. β
Since China Resources used their energy on the mainland to attract Yuwenfei, Scott was not to be outdone by contrasting it with the Walmart family's global influence.
Yuwenfei's Internet companies, according to Scott's understanding, have almost no opponents in China, and the next step is obviously to go global.
In this regard, he is confident that Wal-Mart Group can provide greater help than China Resources Group.
Yu Wenfei smiled, "I'll think about it comprehensively, so please take a break and enjoy the afternoon tea we have carefully prepared." I had a small meeting with several shareholders and executives of the company, discussed it, and then gave everyone the final decision. β
Yu Wenfei led the people from Jiale to leave, and went to the small conference room next to it for a meeting and discussion, leaving three delegations in the large conference room, and the staff pushed the dining cart over, and put out all kinds of tea and snacks on the long table that had been prepared on the side of the large conference room.
The members of the delegation got up one after another and went to the table to pick up coffee, juice, black tea, telecommunications, fruits, etc.
Scott greeted Ryan, the representative of Carrefour, and said with a triumphant smile on his face: "Old man, it's been a long time, I didn't expect your Carrefour to be so stingy, and you can't do big business if you don't want to spend money." Haha......"
He and Ryan are indeed old acquaintances, when Scott was the head of Walmart's European business, he fought with Ryan for a few years. The two are both rivals and friends, but they didn't expect to meet again in the mainland this time.
"Hmph, you are still the nouveau riche style, Scott, I have long said that modern retail enterprises need refined management, just by throwing money, although they can quickly occupy the market, but the foundation is not solid. Looking at the mainland market, our two companies came in at about the same time, and now, Carrefour has left Wal-Mart far behind. Ryan said unconvinced.
"Haha, that's because I didn't come, so I made you proud for two years. Now that I'm in charge of the mainland business, who will have the last laugh, wait and see. CHEERS!" Scott said, holding up the coffee cup in his hand, a smug smile on his face.
"THEN WE'LL SEE, CHEERS. Not to be outdone, Ryan raised the juice in his hand.
............
In the small conference room next to it, Yu Wenfei, Zhou Mengyi, Hu Jinchang, and Ren Zhiwen held a small meeting.
"What do you think of the offer of the three companies?" asked Yu Wenfei.
"Of course, it was sold to Wal-Mart, 12 billion yuan! If you miss this opportunity, it is estimated that you will never be able to sell it at such a high price. Think about it, how many companies in the world can come up with more than 10 billion yuan in cash, Wal-Mart and China Resources are already the best buyers!" Hu Jinchang said impatiently.
He's right, if you really want to cash out, this is the best chance.
Basically, among the potential buyers, these three are already the most powerful, and it is impossible to find a richer business than them.
"I ...... I think it's better to sell it to Carrefour, those plots are huge appreciation space, we left the land, only sell the supermarket business, although the money is a little less, but maybe the land will be more valuable in the future, and save regrets. Ren Zhiwen said cautiously, but he felt a little weak in his heart.
Although this statement makes sense, he is not completely unpersonal.
After all, if Carrefour can join Carre, it will be the best ending for him personally.
"Is that better? Carrefour only paid 6 billion, and Wal-Mart paid 12 billion, a difference of half a full half, 6 billion!" Hu Jinchang immediately retorted as if he had been stepped on by his "tail."
He has no interest in land, property, and appreciation, in his eyes, what kind of money can those lands be worth, but he can get it after running for three months, even if it appreciates in the future, how much can it rise?
No matter how you look at it, it's better to get six billion more cost-effective immediately!
"Mr. Zhou, what do you think?" Yu Wenfei looked at Zhou Mengyi.
Zhou Mengyi frowned slightly, "I think China Resources and Walmart are both good choices, especially the last few words they just said." China Resources has a strong background in China and its strength is amazing, if we want to focus on domestic business in the future, then it is best to choose China Resources, because they can bring us some help. Of course, if you want to develop overseas after Mr. Fei, then it is right to choose Wal-Mart, in foreign countries, Wal-Mart's strength is definitely much stronger than China Resources. β
Her perspective on the problem is different from that of Hu Jinchang and Ren Zhiwen, and it is considered from the impact outside the transaction and the future development.
Yu Wenfei nodded approvingly, and opened his mouth to express his opinion, "Mr. Zhou is right, in fact, the difference between 1100000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 Combined with the next step of industrial layout, I decided to ......"
Hu Jinchang, Ren Zhiwen, and Zhou Mengyi stared at Yu Wenfei tightly, waiting for him to give the final answer, it was obvious that everyone had the right to express their opinions, but the power to make decisions was only with Yu Wenfei!
"Choose Wal-Mart!" Yu Wenfei said the final answer.
He didn't explain what the specific reason was, and none of the three questioned Yu Wenfei's decision, obviously, even if nothing else, Wal-Mart was the one with the highest bid, and it was always right to choose the one with more money.
............
The door of the large conference room was pushed open, and Yu Wenfei took the lead and walked in with several shareholders and executives of Knorr.
The conference room, which was still a little noisy, immediately fell silent, and the people of several delegations immediately put down the cups and saucers in their hands and returned to sit down at the conference table.
The most important moment is coming, it depends on which name Yu Wenfei says.
"After careful discussion by the shareholders and executives of Knorr, I announce ......" As he spoke, Yu Wenfei glanced around the conference room.
Scott was smiling and didn't look in a hurry, but his heart was actually racing.
The representative of China Resources was full of seriousness, put his hands on his knees, clenched his fists tightly, and his palms were already slightly sweaty.
As for Carrefour's representative Ryan, he looked indifferent, of course, this is also because he already knew that his family's hope was slim and his opponents were too strong......
"I declare that the final choice is...... Wal-Mart!" Yu Wenfei finally reported Wal-Mart's name.
"Wow...... YESοΌβ
In the Walmart representative team, some people already cheered in a low voice, of course, Scott still had a calm face, and the situation was under control.
"I'm sorry, Mr. Song, but I chose Wal-Mart because our company has a business in the future and needs the assistance of Wal-Mart Group. Yu Wenfei said apologetically to the representative of China Resources.
"It's okay, it's business, it's understandable that you choose what you think is best. The representative of China Resources pretended to be relaxed.
............
The China Resources delegation and the Carrefour delegation withdrew, leaving only Wal-Mart and Knorr in the conference room.
"Thank you Mr. Fei for choosing us Walmart in the end, I can assure you of one thing, that is, you will definitely not regret choosing us!" Scott patted his chest and promised.
"I just believed that, and that's why I chose Walmart. But Mr. Scott, as an add-on to this acquisition, I have a request. Yu Wenfei said with a smile.
Scott raised his eyebrows and said without hesitation: "Mr. Fei, please speak!"
"In some time, I'll be initiating an acquisition in North America, which may involve regulatory approvals in your country, and then I hope that the Walmart family will extend a hand of friendship and help us lobby your Congress and the Committee on Foreign Investment. Yu Wenfei said.
Scott was a little surprised what kind of acquisition required congressional and CFIUS approval, but he knew what that meant!
Small-scale acquisitions don't need such a process at all, and only heavyweight acquisitions, or even super acquisitions that cause changes in the global pattern of related industries, will attract the attention of Congress and the Committee on Foreign Investment in the country.
The young man in front of him, did he understand what he was talking about!
"Mr. Fei, are you sure that your acquisition will attract the attention of regulators?" asked Scott tentatively.
Yu Wenfei nodded and said affirmatively: "Well, there will inevitably be this problem, so I chose Walmart, which is also considered for this acquisition, otherwise, China Resources is actually a pretty good choice." β
After thinking about it for a while, Scott nodded cautiously: "If there is no problem with the process and law in the acquisition of Mr. Fei, I will report to the boss and ask the boss to help you." β
He is also quite smart, and he gambled on the loopholes in advance, and the process and law must ensure that there are no problems, and then the Walmart family will extend a hand of friendship.
If they break the law and discipline, then don't blame them Walmart for not keeping their word......