Chapter 391: Attack from the Inside

After thinking about it for a while, Ronald felt that this was a good opportunity for him to cash out.

If you miss this opportunity, it is difficult to say whether there will be one in the future.

However, those shares are not something that can be sold casually, and there are constraints on the shares in the hands of family members who want to sell them.

For example, the rest of the family members have the right of first refusal.

In other words, if the outside buyer and the rest of the family pay the same price, then they can only be sold to members of the Lauder family.

However, Ronald knows that his eldest brother Leonard will definitely not buy it, not that he doesn't want to buy it, but he can't afford it!

Not to mention the premium acquisition, just according to the current stock market value, these shares in your hands are worth 6 billion US dollars!

Where did Big Brother Leonard find so much cash!

Besides, didn't this Pete say that there is a premium......

Ronald suddenly thought of this key question, and he asked eagerly: "May I ask Mr. Pitt, what kind of premium is the other party willing to pay, you know, my shares are restricted shares, and the family members have the right of first refusal, if the other party's purchase price is not high enough, it may be ......"

Although he didn't finish his sentence, the meaning was already obvious.

Pete smiled knowingly: "The price is definitely satisfactory to Mr. Ronald, a 40% premium!

Hearing the 40% figure, Ronald became short of breath, which is a huge amount of money.

With a market value of $6 billion and a 40% premium, wouldn't you be able to get $8.4 billion!

And it's a one-time payment!

You must know that it usually involves a huge transfer, and when the payment is made, it will take a long time. Usually, it is a certain percentage of the down payment, and then a part of the money is paid in the middle of the year, and it will be actually settled after two or three years.

This is real cash, and how many people in the world can come up with so much cash.

Those top rich people with a net worth of tens of billions of dollars may not be able to come up with so much money for a while.

If you get more than 8 billion US dollars, you can really say that you will become the richest small group of people in the world.

What kind of art, isn't it just to buy it yourself!

If you go to run for a state legislature or something, you will have enough financial resources to support it, and by then, you will be much more comfortable than you are now.

Although he was very keen on this huge amount of money, Ronald did not lose his mind for the time being, and he continued to ask: "What is the background of the acquirer, you know, if it is a competitor, I am afraid I will have to think about it, and I will have to discuss it with my family members." ”

If it is really a company such as Procter & Gamble and L'Oreal to buy it, then Ronald really has to be cautious, and it is easy to cause a big incident.

"Mr. Ronald don't worry, the acquirer is from a European fund with a royal background and is not a competitor to EstΓ©e Lauder. Pete assured.

Ronald was relieved at this time, and he said solemnly: "I am willing to talk about this matter with the other party in principle, and it will be as soon as possible." However, I would like to tell my brother that he has the right of first refusal. ”

Pete nodded and smiled: "Of course no problem, if you want to meet with the acquirer to negotiate, call me at any time." ”

As he spoke, he pulled out a gilded business card and handed it to Ronald with both hands.

……

Getting into his own Bentley, Ronald dialed his brother Leonard in the car.

Their brother hadn't spoken on the phone for a long time, and the last time they talked on the phone...... It must have been two or three years ago, because of Ronald's transfer of shares, there was a big quarrel.

"Hey, Leonard. ”

Of course he won't call his brother.

"What's the matter?"

On the other end of the line, Leonard's tone was not enthusiastic.

"At work or at home? Ronald said.

"Hehe, of course I'm in the company, how can I be like a major shareholder, the company doesn't care about anything, and spends every day drinking and is at ease. Leonard sarcastically said.

Ronald was annoyed, was he like this before?

It's not that you are arbitrary, everything is decided by one person! After a long time, you are too lazy to go to the company.

"Okay, I'll go straight to your office and wait for me. ”

Simply hung up the phone, Ronald didn't say much nonsense, and the car made a sharp turn and drove in the direction of the company's headquarters.

……

In Leonard's office, the two brothers sat down facing each other.

"Leonard, my shares are ready to be cashed out, and now there is a big buyer who is ready to buy them all. Ronald said briefly.

Leonard, who was still calm and relaxed, stood up in shock, and hurriedly asked: "Who is it? Who is going to buy your shares? Besides, why do you want to cash out your shares, and sell them all!"

Ronald pouted and smiled: "What do I do with the shares, do you think Estee Lauder's stock price can continue to rise? Wake up, my brother, now the traditional industry has long been in decline, and everyone's attention is focused on Internet companies." ”

"Nonsense! The Internet industry may be all the rage, but the traditional industry will never decline! Now is just a temporary trough for Estee Lauder, and you will regret it later. ”

Leonard waved his arms and retorted angrily.

The two have argued too many times about such issues, so Ronald didn't bother to continue arguing with his brother.

Ronald felt that his brother was forever immersed in the glory of the first two years of Estee Lauder and did not want to wake up.

I can never wake up a person who is pretending to be asleep, so why bother arguing with him with that energy.

He waved his hand dissatisfiedly, interrupting his brother's words and said: "Don't talk about those useless ones, the other party has made an offer, you have the right to preferentially acquire, I just came to ask if you want to bid." ”

Leonard calmed down and sat back on the couch: "All the shares?

A few years ago, when Ronald cashed out, Leonard did not take over, because there were not many shares cashed out, which could not affect the controlling stake of the Lauder family.

This time it's different, Ronald has more shares than he has.

If you don't want to find a way to do next, then the Lauder family will be too passive on the board of directors of the company in the future.

"A 40% premium, a total price of $8.4 billion!" Ronald said calmly.

Leonard was stunned for a moment, and jumped up angrily again: "Are you crazy? How can it be such a high price! Are you crazy or am I crazy? Ronald, you can cash out, but you can't collude with outsiders to deceive your brother!"

His first reaction was that Ronald colluded with a fake acquirer and estimated that he was offering an outrageously high price.

Use your psychology of maintaining the controlling stake of the Lauder family to force yourself to take over at a high price!

Leonard scoffed at this and was extremely angry, he had never seen any wind and waves, how could he be deceived by such a small trick.

At the same time, he has anger with his brother's greed!

If he really wants to transfer the shares to himself according to the market price, then he will do everything he can, whether it is a mortgage or a joint consortium, he will always eat this part of the shares.

But my brother is so greedy that he wants to pay a 40% premium!

To be honest, although he is optimistic about the future development of Estee Lauder, Leonard does not think that in a short period of time, Estee Lauder's market value can soar by 40%.

Take it at this price, and a fool will agree.

"Are you giving up your right of first refusal?" Ronald asked calmly.

Leonard waved his hand and said nonchalantly: "Yes, if the price is really a 40% premium, then I will give up." Congratulations to your brother, you have cashed out your shares at a very good price. Go find your good allies, they will give you a good price. Oh, with that $8.4 billion, brother, you're the richest guy in the family, haha......"

Fighting back his anger, Ronald called someone from the company's legal department and asked them to draft a waiver agreement on the spot.

The content, of course, is that Leonard gave up his right of first refusal, and at the price of 40% of the premium, Ronald was free to sell his shares.

Leonard watched coldly, watched Ronald busy there, and finally signed his name in a chic manner, and said with a smile: "When the transaction agreement is reached, don't forget to send a record over, the price must be equal to or higher than the 40% premium, otherwise the transaction has no legal effect." ”

Ronald picked up the agreement, flicked it with his fingers, and smiled on his face: "You'll regret it, Leonard, we'll see!"

"Haha, Ronald, in fact, you should go to Hollywood to develop, what art and politics are you playing, your acting talent is simply amazing!" Leonard laughed and mocked.

He felt that his brother Ronald was acting, but he didn't lie to himself......

Walking out of Leonard's office, Ronald dialed Pete's phone directly.

"I've already done it here, you can make an appointment with the other party, and get things done as soon as possible!"

Now that the decision has been made, Ronald doesn't want to have a lot of dreams at night, and if things don't work out, wouldn't it really become a joke.

If you don't sell the shares this time, it is estimated that you will not be able to raise your head in front of Leonard in the future.

Originally, this kind of large-scale acquisition was much more cautious.

For example, if Pitt says that someone wants to buy it at a 40% premium, then Ronald has to meet with the other party first, sign an agreement, and even ask the other party to pay a part of the deposit.

Then take the draft signed by the two parties, and then go to his brother Leonard to discuss the issue of preferential acquisition.

However, when Pitt told him the news, the price was so shocking that Ronald didn't take these issues into account for a while.

When he met with his brother, he was stimulated by his brother, so he directly disrupted the procedure and asked his brother to sign a waiver first.

Now Ronald is also difficult to ride a tiger, and he has only one way to go, that is, he can't sell his shares at a premium of 40%.

Otherwise, it's a big mess!

Of course, Ronald is also certain that Pete is a Citibank executive!

As a financial person, when facing customers, the most important thing is integrity!

If he dares to say yes, if this thing can't be done, it will not only be a shame for Ronald. Pete will be even more unlucky because he will be discredited!

……

Receiving Ronald's call, Pete was also a little surprised, he didn't expect Ronald to be so efficient.

When he reacted, Pete immediately agreed, "No problem, Mr. Ronald." Tomorrow, it is scheduled for tomorrow afternoon, and the other party will send a representative to negotiate with you about the share acquisition. You can rest assured that the price is definitely a 40% premium, and not a penny will be missing!"

Hearing Pete's assurance, Ronald was relieved.

He has now begun to plan how he will squander the huge $8.4 billion he gets.

Well, you can leave a little bit for your own offspring, you don't need much.

Ronald has only one daughter, no son, and the daughter also owns a 2% stake in The Estee Lauder Company. It's enough for her expenses, and her daughter also works in the company, managing a brand that is not big or small, and she is also paid.

In European and American families, parents are not so "considerate" for their children, and they generally believe that when their children become adults, they will have to rely on their own ability to live.

Ronald is not bad, and he still wants to leave a part of the inheritance to his daughter.

Many wealthy people even live in luxury houses and drive luxury cars, but their children are downtrodden to work part-time jobs in fast-food restaurants such as McDonald's.

8.4 billion US dollars, 400 million is enough for my daughter.

For the rest, take out 5 billion to build a private museum to collect and exhibit all kinds of artworks you bought!

Take another billion dollars out and get yourself a legislature, of course, now Ronald looks down on the state legislature, and his goal is the highest level!

That's two billion dollars left.

Hey, there's too much money, and it's also a kind of annoyance, and I don't know how to spend it.

Although Ronald has long been a rich man, he has so much cash in his hand that he can spend it casually, and he has never had this kind of experience, and he felt at a loss for a while.

……

The representative sent by the European Royal Fund was Charles, who personally came to negotiate with Ronald.

Moreover, the acquisition of Ronald's shares this time is also in the name of the European Royal Fund.

Wang Ye is private, but he doesn't have so much cash. Before the implementation of this plan, he had borrowed a full $20 billion through HSBC and Citibank, in the name of the European Royal Fund!

As collateral, it is the shares of Meigou that have been incorporated into the fund.

When he saw Charles, Ronald's eyes straightened.

Of course he knew the personable man in front of him.

"Your Highness Charles, it is an honour to meet you. ”

Ronald also greeted very respectfully.

Europe, especially Great Britain, still has a lot of influence on the United States. It can be seen from the history of the United States that two countries, broken bones and tendons, were originally one family.

Therefore, for the British royal family, the Americans are still very respectful.

"Hello, Mr. Ronald, let's talk about the transfer of shares. Charles said with a smile.

He is also one of the participants in Wang Ye's big plan.

Even the famous Picasso painting on Christie's spring auction was taken out by him, which was used as an introduction to attract Ronald's attention.

Then, there is the latter series of seemingly natural occurrences.

The strongest fortresses were captured from within......