Chapter 577: Fight Again

In order to acquire AIA, Zhou Shi met with Robert Benmercher again.

"Robert, I really like AIA. Zhou Shi said frankly

"We all like friends, but there are some things that we can't do. Robert Benmerche spread his hands in frustration.

"Don't talk nonsense, I'm afraid that only my acquisition of AIA is in your best interests, and the others are either Huaxia state-owned enterprises or your competitors......" Zhou Shi

"Competition is everywhere, and Chinese state-owned enterprises are not impossible. "Robert Benmercher

"yes, but I don't think anyone will agree to your price?" Zhou Shi

"The price is very low, and we will not reduce it again," said Robert Benmercher

"Sooner or later, you're going to cut the price, and even if it's an initial public listing, no one will agree with the price. "Zhou Shi

"There's no way around that!" Robert Benmercher hesitated, not a damn bureaucracy, or Benmerche would have sold it long ago.

"So I'm hopeless?" Zhou Shi, who had already done a lot, including trying to convince Robert Benmerche and the others who had a huge amount of influence.

"It's not impossible, unless you accept the price," Robert Benmercher

"What price?" Zhou Shi heard this, his heart moved, and he was a little ......

"$10 billion, 30 percent of the shares. "Robert Benmerche, in fact, he still wants to sell AIA, this choice in order to seize power, in AIG has almost become a label for him, selling AIG is more beneficial to him, but unfortunately some things are restricted, that person's departure contributed to AIA's IPO, and he has nothing to do about it.

"If I can guarantee control of AIA, this price is not out of the question. This deafening voice slowly came out of Zhou Shi's mouth.

"You agree to the price?" said Robert Benmerche to his feet, even though he wanted to sell his allies, no one was willing to negotiate with them around this price. But this price is not something he can easily change.

"This is a premise, I want the control of AIA and a veto!" Zhou Shi said with a firm face, if Robert Benmerche did not agree to this condition, he would rather give up the idea of acquiring AIA.

"I think we can talk about ......" Robert Benmercher

......

Zhou Shi didn't react for a long time when he heard Robert Benmerche's words, how could it be so easy to negotiate? He prepared a lot of plans, whether it was persuasion and education, or coercion and inducement, or turning the clouds and rain in the securities market, no, Zhou Shi forgot the most important price, is it a valuation of 33.3 billion US dollars, then will the AIA IPO continue, this price is obviously much higher than the IPO price, is it really appropriate?

"Okay...... Zhou Shi hesitated for a while, nodded in agreement, and handed over the rest to others to take care of, with Yuan Tianfa bearing the brunt.

"Simon, this price is not right!" Hu Guniu objected to Zhou Shi's decision almost in front of Robert Benmerche.

Zhou Shi walked away expressionlessly, ignoring it. Although he thinks it doesn't matter, at least this will not be a loss-making business, but he can't ignore the voice within the company, and he can't directly say that AIA's market value will reach 100 billion US dollars in the future. This doesn't explain the problem, different people running the same business will have completely different effects. In this life, AIA may not be able to achieve a market value of 100 billion US dollars, or it may do better.

Obviously, there will be no formal negotiations today, but things are also very urgent, and the preliminary IPO application documents will be submitted to the Hong Kong Stock Exchange in early September, and AIA will have to IPO in October. There is only 3~5 days left for them to reach an agreement.

"My bottom line is 35 percent of the shares, one veto, the lowest possible price, and if we can't lower the price, we have to have a majority on the board of directors if control is transferred after the listing. "Zhou Shi

"But Mr. Zhou, it is difficult for us to bear such a price, and the domestic funds will not arrive in the short term, and we do not have so much funds. "Yuan Tianfa

"You don't object to this price?" Zhou Shi asked curiously

"If you can get control of AIA, this price is still acceptable!" Yuan Tianfa answered Zhou Shi's question without much thought.

"Why, even at a price of $30.5 billion, they are much more valued than other companies in the same industry. Hu Guniu seemed to think that Yuan Tianfa was currying favor with Zhou Shi

"However, compared with domestic enterprises, both AIA's management system and operating level are much higher than their counterparts in the mainland of China, after the acquisition of AIA by Sixiang Fund, even if it cannot become a Chinese enterprise, the door to its development in the mainland has also been opened, and there is a lot of room for appreciation. Yuan Tianfa almost said that the appearance of friendly countries may hit the peace of Guoshou and peace. You know, now AIA can be ranked among the top 10 domestic insurance companies by virtue of a limited number of cities in China, and if AIA becomes a Chinese enterprise or joint venture, it can set up a headquarters in China and lift geographical restrictions. Competing under the same conditions, even if AIA has other restrictions, there is a high possibility that the annual premium income in mainland China will exceed 100 billion soft sister coins.

"The question now is how likely it is that we will gain control of our friends," Zhou Shi

Hu Guniu glanced at Yuan Tianfa, but Zhou Shi didn't say it, so he said: "It's very likely, when necessary, the middle and senior managers of AIA will help us, and our communication with Du Jiaqi has also been effective." ”

One is the former CEO of AIA for decades and has deep roots, and the other is an outsider who has just taken office, and it is normal to have their own ideas now that AIG's withdrawal is a foregone conclusion, and there are many places that can be exploited. And now AIA now feels that there are too many people in danger, and even the country has been affected, and many elite backbones have left. Senior executives such as AIA's CFO at the Hong Kong headquarters are also planning to leave. In the panic of the people, if Zhou Shi can give enough sincerity and confidence, he can appease most people.

"So the biggest problem now is money, more than $10 billion is a big burden for us, right?" Yuan Tianfa still doesn't know Zhou Shi's family background very well.

The assets of the Sixiang Fund itself are actually sufficient, but the outflow of domestic funds out of the country is very troublesome, and nearly 10 billion US dollars even need to be reviewed by the State Council's #Yuan Development and Reform Committee. Although he had already applied for it, even if the domestic giants did not bid, they would not want to have a strong competitor, and the stumbling things would not stop. Galaxy Capital has just sold the shares of Friends.com, and even if it delays paying taxes, sells some of its shares, and cashes out from the crude oil market, it is now only more than $500 million, plus the billions that the Sixiang Fund has managed to get out of itself, a total of more than $7 billion, and a gap of more than $3 billion.

"Communicate with the bank first about the capital problem, if it really doesn't work, I'll figure it out!" Zhou Shi