Chapter 662 must be delisted first
"I heard that you are going to interview me, do you have any conditions?" Wang Haoan held a cigar in his finger and looked at Hank in front of him.
"Asian, island?"
"The hinterland of China. Wang Haoan was a little displeased, why did he think of island countries when he saw rich people in Asia?
Huaxia's, not Xiangjiang's, can this person have the strength to buy them Converse? Hank looked at Dumas suspiciously, you can't lie to me, right?
"You can rest assured, my boss's investment in the United States alone is a billion dollars, not counting his investment in Asia, so the acquisition of Converse is absolutely fine, and I can use the credibility of Huaqi Bank as a guarantee for this. Dumas added.
Hearing that Wang Haoan was so rich, Hank's eyes lit up, could he ask for more?
"Mr. Wang, why did you buy Converse?"
"I think Converse is good, mainly because the brand is okay, but in other aspects, I don't like it at all. Wang Haoan said directly.
Hank's face changed: "Mr. Wang is not trying to negotiate with Converse Company in slandering Converse like this. ”
"Am I wrong about anything? Does Converse have any valuable assets other than the brand? Are you saying that people, technology, or factories have great value? These are precisely the reasons that restrict the development of Converse. ”
Wang Haoan didn't speak politely, he wanted to buy Converse, but if the other party's offer was too high, he turned around and left. Now that the negotiations have failed, the biggest loss is Converse, how much he can lose, only $1.8 million in intermediary fees, he has lost.
Dumas has already explained the situation to Wang Haoan, and now that the initiative is completely in their hands, what is there to be polite? In business, he bought Converse just to make money, but he doesn't really love this brand.
"Mr. Wang, I think some of the technology, personnel, and factories of the Converse Company are still much stronger than those of Huaxia, right? After you get Converse, you can promote it in Huaxia, you can't deny this, right? Even if the technology that has been eliminated on our side is considered advanced when you get Huaxia, right?"
"Wait a minute. Wang Haoan interrupted Hank's words, "The ones you eliminated to our mainland are advanced, who gave you confidence? I am the largest sporting goods company in the mainland, and I also have some shares, and large companies such as Nike also want to cooperate with me, do you think Converse's technology is much stronger than those giants?"
"Converse is your ancestral inheritance, but you can't keep it up, I can take it over, and I can guarantee that the brand will continue to exist and continue to be the best footwear brand in the minds of many. ”
"And you, you don't have the ability. Others may have, but they can't give me such good terms. I can give you more money, and with that money, you can reinvest in a sporting goods company, or you can do something else, or put it in the bank and you'll be rich for a lifetime. ”
Hank wanted to walk away, but he didn't dare to leave, and after leaving, he had to accept the harsh conditions of the big companies, or simply wait for Converse to go bankrupt.
"Mr. Wang, I would like to continue to retain a portion of Converse's shares. The controlling stake in the company can be yours, and I can accept the dilution of the shares, but I can't leave the company. ”
Wang Haoan put down the cigar: "If you want to stay in the company, then if you are me, will you let a person who runs the business stay in the original company?"
"Many people in the company were promoted by you, will the company listen to you or me when the time comes? How can I rest assured that the company will be managed by you? How can I rest assured that my investment will not be lost?"
"I can tell you clearly, it's not just you, it's a lot of senior management positions in the company that are going to be reshuffled. If you accept it, you will continue to do it in the company, and if you don't accept it, then you can only part ways. ”
"Some departments of the company will be laid off, some employees will be laid off, and even some factories will be sold. There can only be one voice in a new company, and that is my voice. ”
Wang Haoan's such a domineering declaration stunned Hank.
"Mr. Wang, you don't look like a negotiation at all, it seems that we don't need to talk anymore, you are going to ruin Converse!"
"No, on the contrary, I'm saving Converse from becoming a century-old brand and continuing to pass it on. Converse is going to be ruined in the way it is now. ”
"Selling the factory and building a factory in other places with low labor costs can ensure that Converse's production costs are reduced. Is there anything wrong with laying off some employees to get the company back alive and competitive?"
"Mr. Wang, but the production cost of the island company is also very high, but the sales are also very good, so I don't agree with your words. Hank retorted.
You can succeed in an island country, why not in the United States, the cost is similar to the selling price.
"That's the difference in business philosophy. Didn't you notice that the island country defines Converse as a casual shoe, and wearing Converse shoes is considered fashionable, and the design there is not the same as that of the United States, right?"
"And Nike's international brands are not developing well in the island country, so Converse can develop very well. You should try to follow the model of the island nation on the American side, but what is the result?"
It was precisely because of his success in the island country that Hank had confidence and took out another loan, which led to Converse's debt ratio getting higher and higher, and now Converse is overwhelmed.
Hank was silent for a while, he felt that it was a mistake to come to negotiate with Wang Haoan today, but it made him more passive, maybe he should bring a team, not come alone.
"Mr. Wang, Dumas said that you agreed, and a part of Converse's shares can be issued to me in a private placement, what is this ratio?"
Wang Haoan glanced at Dumas, and then turned his head to look at Hank: "Converse will indeed issue some additional shares in the future, but not now." ”
"I'll call the shots and give you five percent, if you have cash ready, and the price will be much higher than it is now. ”
Five percent, this amount is far below Hank's psychological expectations, what power can five percent have, he can only be an idle shareholder?
"Ten percent, that's my bottom line, and I have to give an account to my family. ”
Ten percent, which happens to be Wang Haoan's psychological bottom line, he just thought about it a little and agreed: "Yes, the premise is that you must sell all the shares to me this time." ”
As for the remaining details, there is no need for Wang Haoan to be personally involved, and Dumas will be in charge of the negotiations. However, Wang Haoan confessed one more thing.
"Remember, Converse has to be delisted this time and wait a few years before considering relisting. ”