Chapter 497: Purchase Price
Zheng Yutong in the United States was not in a good mood, and the Kadoorie family actually sent a successor, Michael Kadoorie, to negotiate the shares of China Power Group.
And apparently Kadoorie is determined to buy back the shares in Exxon Energy, and Michael Kadoorie did not hesitate to follow up on the purchase price proposed by his side.
In the evening, Li Guangyu and Li Ka-shing appeared at the Peninsula Hotel to negotiate the acquisition of CLP Power Group.
Guo Desheng said: "Yutong must have told you about the situation over there, now the Kadoorie family seems to be determined to eat the shares over there, and our side has no way except to increase the purchase price." ”
At that time, everyone knew that the Kadoorie family would not give up CLP Power easily, and the current situation is also expected by them.
Li Ka-shing said: "Yutong's side now needs to have this side to negotiate a maximum price from the new side, and deal with the preferential acquisition of Michael Kadoorie's side, and the initial plan we set before is useless." ”
Due to the fact that the Kadoorie family has the right of first refusal, Li Guangyu is not too optimistic about this acquisition, and the Kadoorie family can follow up on the price as much as his side bids this time, and this negotiation is not in their favor.
The reason why Li Guangyu did not buy the outstanding shares of China Power Group on the stock market was that he was not very sure about taking the shares in the hands of Exxon Energy, otherwise he would have asked Guo Fengtao to do it on the stock market.
The Kadoorie family has the strength to take a stake in Exxon Energy, and Zheng Yutong's action this time is only afraid that he will make a wedding dress for others.
Lee Shau Kee said, "Guangyu, do you think we should set the highest price at that appropriate location?"
"Uncles and fathers-in-law, now that the Tsingshan Power Station is still under construction, the actual construction funds they have promised are only 12 billion Hong Kong dollars, and 8 billion yuan has not yet arrived. However, CLP Power Group was affected by the stock market, and its value in the stock market was lower than the actual value of the company. I think our highest price is at the market value of their company in June. Lee Kwang Woo replied.
Everyone present felt a little shocked when they heard the price set by Li Guangyu, knowing that the current market value of China Power Group is only two-fifths of what it was then, and this bottom line is more than twice the current market value.
After seriously thinking about it for a while, several bigwigs present still agreed to the price set by Li Guangyu. They know that this time the bottom line is low, and Zheng Yutong's side is not very easy to negotiate, and if it is too low, the Kadoorie family will definitely follow up immediately.
Feng Jingxi said: "Guangyu, you also have some connections in the United States to see if you can help us win the shares of China Power Group, and at the same time, our two securities companies have begun to acquire the shares of China Power Group in the market, which makes the Kadoorie family nervous, even if our acquisition fails, we can also get rid of it in advance after knowing the news." ”
As long as they enter the market and then the news is broadcast about the competition between them and the Kadoorie family for the China Power Group, the shares of the China Power Group will immediately rise, and many shareholders hope to make a profit in it.
Li Guangyu himself did not oppose Feng Jingxi's plan, once the share acquisition over there was completed, he would eventually have to compete with the Kadoorie family in the stock market. It's just that considering the financial problem, these people want to buy the shares in the hands of Exxon Energy.
Li Guangyu said: "Uncle Feng, I will instruct Sun Jianping to contact you Sun Hung Kai Securities, sell them together at that time, and try to absorb as many outstanding shares as possible." ”
Li Ka-shing and the others don't care about the affairs of their two securities companies, their own main business is not finance, and Li Guangyu and Feng Jingxi can operate this matter.
Li Ka-shing said: "Guangyu, I'm afraid this acquisition is not an easy thing to complete, do you have any alternatives, let's refer to it." ”
Li Guangyu really has no good way for the time being, if he controls the Heung Kong Electric Light Group, then he can still have countermeasures, but unfortunately this group was cut off by the Singapore consortium, Li Guangyu has no plans to build a new power group, there are too many things involved, and it is also very troublesome.
Li Guangyu said: "At present, I have no extra way, I can only hope that Uncle Zheng's acquisition over there will be successful, otherwise if we want to enter the Xiangjiang power industry, I am afraid that it will not be possible in a while." ”
Seeing that Li Guangyu also had some plan, he could only think of letting Zheng Yutong work hard and strive to win the shares in his hand.
After their discussion ended, Guo Desheng contacted Zheng Yutong immediately after returning home.
At this time, Zheng Yutong was still in the morning, and he did not leave the hotel himself, waiting for the news of the discussion on the Xiangjiang side, and waiting for the notice from Exxon Energy.
When Zheng Yutong received Guo Desheng's call, he immediately asked, "Desheng, how is your discussion there?"
Guo Desheng also knew that Zheng Yutong was in a hurry, and immediately told Zheng Yutong the result of the discussion.
After Zheng Yutong heard this peak, he also had some hope in his heart, and he wanted to see if the Kadoorie family could come up with so much money. The construction of the Tsingshan power plant had already hollowed out the Kadoorie family's funds, and after the collapse of the Hong Kong stock market, their shares were not as valuable as before.
Moreover, because Li Guangyu and some Chinese-funded banks have tightened their loans, major banks have increased risk assessment in terms of mortgage loans, and the same share mortgage is now much less than the previous loans.
Guo Desheng said: "Yutong, you just do your best over there, this time the Kadoorie family is not easy to gnaw, according to the news we have gotten, the Kadoorie family is now getting closer and closer to the British-funded consortium, if they have the support of the British-funded consortium, especially HSBC and Standard Chartered, then we don't have any financial advantage at all." ”
Zheng Yutong has long been prepared for this, and he knows very well that once he and others do it, if the Kadoorie family does not want to lose the controlling stake in China Power Group, they will definitely move closer to the British-funded consortium, and only the British-funded consortium in Xiangjiang is now able to help them.
Zheng Yutong said: "I have been communicating with the chairman of Exxon Energy Company in the past two days, even if we can't get the shares of China Power Group, we must let the Kadoorie family lock all the funds in it, and the follow-up construction funds of Tsingshan Power Station will be 8 billion Hong Kong dollars, and then see how the Kadoorie family can solve it." ”
Guo Desheng saw that Zheng Yutong knew what he knew, so he didn't say more, and after chatting with Zheng Yutong about some other things, he hung up the phone.
A few minutes after Zheng Yutong hung up Guo Desheng's phone, Mitis Owen, chairman of Exxon Energy, called and invited Zheng Yutong to their company headquarters in the afternoon to discuss in detail about the acquisition of shares of CLP Power Group.
Zheng Yutong estimated that the Kadoorie family had already discussed the issue of share repurchase with Mitis Owen, and at this time, he made an appointment with him, probably because he was not satisfied with the price offered by the Kadoorie family, and wanted to let himself raise the purchase price.
......
Wonderful Book House