138 The Acquisition of Yingyu in Jingzhou(5)
Acquisitions are classified as bona fide and malicious.
Goodwill means that the two parties discuss all the details and equity issues, and then directly announce the merger!
The basic method is to buy shares from shareholders and shareholders, as long as the upper limit of local laws is reached, and control is generally obtained.
However, these are actions within the scope of the law, but if one of the links violates the law or the contract has been signed, then the target party can apply to the court for the invalidity of the entire acquisition on this ground.
Li Jiacheng is worried about this, no matter how awesome the business tycoon is, he has to lay out within the rules, and if he takes a wrong step, he will lose everything.
Xu Zhi asked: "Then Li Sheng, you have been hired as a white warrior by the Yingxiao of Jingzhou, even if you don't act, you can annex the Yingxiao of Jingzhou with me, I'm afraid it will not be good for your reputation?"
Li Jiacheng smiled and said: "Xu Sheng, I never said what I want to do as a white knight, and the company invited me to cooperate in the development of its land, I don't care who the chairman of the company is."
In fact, this is also the way that the Kane family urgently needs cash to buy back their own shares, but who wants to help him like this in a short period of time, they can only find our Cheung Kong Industrial, and at the same time help him, they can also cooperate to develop the land together, why not?"
Xu Zhi asked again: "Li Sheng, you already hold almost 30% of the shares, plus the cooperation between Jingzhou Yingxiao Company and Changjiang Industrial, why do you still want to help me?"
Li Jiacheng said: "Xu Sheng, if I say that I am not actually the piece of land in Hung Hom, do you believe it or not?"
Xu Zhi frowned and asked, "What do you mean, Li Sheng, you won't really take a fancy to that cement factory, will you?"
Li Jiacheng said with a smile: "Yes, although I also value that piece of land, but my other purpose is a cement factory, although the location of Hung Hom is good, but because the nature of the land is industrial land, it is not easy to change it into commercial or residential, but the cement factory is different."
I have already checked, the efficiency of the Yingxiao cement plant is actually very low, the management is chaotic, if I can buy it, reorganize, not only can I obtain higher profits, but also the market share of the entire Xiangjiang will inevitably increase significantly!"
After listening to this, Xu Zhi also understood a little, Jingzhou Yingxiao has almost accounted for nearly half of Xiangjiang's market share at the moment, if it is really as Lao Li said, can obtain a higher market, it will inevitably be close to a monopoly position.
The price of cement is not expensive, but the weight is extremely high, this product is actually only a certain distance range of the market, once the distance is far away, the transportation cost is too high, it is not cost-effective.
Most of the cement imported by Xiangjiang comes from Southeast Asia, and the transportation cost is actually not low, if local companies reduce costs, they may really be able to monopolize the market.
Imagine, because Jingzhou Yingxiao monopolized the market at a low price, the overseas import channels will inevitably disappear, so that any real estate project in Xiangjiang in the future must give Li Jiacheng some face, otherwise the cement will be suddenly cut off, and the project is estimated to have to go overseas to import in person, all kinds of taxes and fees are nothing, but the delay time and bank interest are fatal.
This is probably Lao Li's purpose, but having said that, this kind of trick is actually easy to cause public outrage, and he will not use it unless necessary.
In my memory, in the 80s, Jingzhou Yingxiao, which had been acquired by Lao Li, and the mainland jointly built a cement factory.
Xu Zhi asked again, "Then what does Li Sheng want me to do next?"
Li Jiacheng didn't answer directly, and asked, "Xu Sheng, do you have enough funds in your hands?"
Xu Zhi frowned, but still said, "Enough." ”
Li Jiacheng said with a smile: "Okay, we are now only 9% of the voting rights away from the controlling stake, and because there are 15% of the preferred shares, a stock in the market now has 1.15 voting rights, which means that Xu Sheng only needs to acquire 8% is enough." ”
"8%!" Xu Zhi said: "Li Sheng, this may not be so easy, the last time we waited for a few days, we only acquired 4%, this is still the beginning, and now it is not easy to continue the acquisition!"
Li Jiacheng smiled faintly: "Everything in this world has a value, if you can't buy it, it can only mean that the money is not enough!"
"Really?" Xu Zhi asked the pretenders, "How much does it cost to buy Cheung Kong?"
Li Jiacheng was stunned, shook his head and smiled: "It's not impossible, I'm happy to exchange land!"
Xu Zhi didn't talk about this topic, and said: "What did Li Sheng mean just now that he thinks that he would directly buy at a high price on the stock market?"
"Not bad!" Li Jiacheng lifted his black-framed glasses, and his eyes became sharper: "Those who achieve great things must be informal, now is the best time for a surprise acquisition, as far as I know, the Kane family is still slowly recovering shares, once they reach 49%, then our acquisition will be a complete failure, Xu Sheng has invested a lot of money in this matter, if it falls short, it would be a pity!"
Xu Zhi smiled and said: "It's not impossible for me to buy it at a high price, but Li Sheng, even if you own 20% of the shares, how can you think that after I pay a high price, I will transfer the cement factory to you?"
"Don't worry about this, we will distribute the funds for the high-priced acquisition according to the proportion, but I will not participate in the acquisition in name.
Xu Sheng, you also said that you are not interested in cement, our task now is to defeat the foreign enemy first, and then slowly distribute the benefits, don't fight among yourself before the benefits are said!"
Xu Zhi shook his head and said: "If it's just the internal distribution of Jingzhou Yingxiao, we can naturally wait for the company to get it and then decide slowly, but I hope to be able to get another thing in Li Sheng's hands, it's better to negotiate it now!"
Li Jiacheng frowned and asked, "What is it?"
"Li Sheng don't worry, this is actually a cooperation. Xu Zhi smiled and said, "I heard that Xu Sheng bought a lot of land in Tin Shui Wai?"
Li Jiacheng raised his eyebrows and asked, "Is there such a thing, what does Xu Sheng have in mind?"
In fact, this is not a secret, in the middle of this year, Cheung Kong and the subway company jointly built the Global Tower and Haifu Center for sale, all sold out in less than 8 hours, Cheung Kong made a lot of profits, and at the same time, the real estate giants also saw the income from the construction of properties on the subway station, all invested in it, and Li Jiacheng took the opportunity to withdraw.
I'm crazy when others are calm, I'm crazy when others are crazy!
Li Jiacheng set his sights on remote areas in the suburbs, and Cheung Kong and Wheelock jointly obtained a large piece of land in Tin Shui Wai, and the price was only HK$1.5 a foot.
And the Zhao family, who sold the land, is naturally not a fool, they hope that after the two real estate giants develop Tin Shui Wai, the remaining land of the Zhao family will naturally be worth a lot!
Read them all