Chapter 408: Cooperation

Coca-Cola is now worth about $200 billion.

As a leading enterprise among the world's beverage companies. This multinational group is a well-known century-old enterprise. It can be said that the history of Coca-Cola is the history of the current world empire of the United States.

World War II of that year.

Coca-Cola is even an indispensable munition for the U.S. military. There can be a shortage of ammunition and food, but Coca-Cola can't. At the beginning, it was reported that one out of every 100 ships of war material sent by the United States of America to Europe carried Coca-Cola.

It's a bit of an exaggeration.

But it can be seen from here that this century-old beverage company has an influence in the United States.

Some people may say, isn't there still Pepsi to drink? I prefer to drink Pepsi, what is Coca-Cola?!

Hehe......

It's hard to say in the world.

In the United States...... Just like KF was hung and beaten by McDonald's, Pepsi is also the kind that was hung up and beaten by Coca-Cola.

Such a business.

Warren Buffett is one of the largest shareholders of Coca-Cola. He has owned shares in this company since the last century. No one knows how much he holds. But some people speculate that this respected Mr. Jia Cheng is likely to hold more than 20 shares of Coca-Cola.

And it's likely that they're all preferred shares.

Warren Buffett is too focused on sound investing. Almost for a while, when you have a little money, you buy Coca-Cola stock, and when you have a little money, you buy Coca-Cola stock.

That's exactly the kind of thinking that comes with it.

He is now one of Coca-Cola's largest shareholders.

Now Warren Buffett is willing to take Coca-Cola 2 shares. Exchange for shares in the Blue Star Future 10.

It's for him.

Probably a sacrifice.

For Abel, this is Buffett's estimate of the future market value of his Blue Star, which has reached about $40 billion. After all, 2 Coca-Cola shares are worth more than $4 billion.

It's just that......

He still felt too little.

Bluestar will definitely not be able to compete with the world's No. 1 beverage group in the future. But its potential is not much lost to Coca-Cola. If you can't compare now, it doesn't mean that you can't compare in the future.

Market capitalization of around $200 billion.

This is also Abel's estimate of the future potential of Blue Star.

Now the production capacity of Bluestar No. 1 is not good. But new factories are still being built. It is expected that production will increase to about 50 units per month by January 2019.

At that time, the annual revenue will reach $60 billion. Its profit margins are even more staggering.

That's something that Coca-Cola can't match.

Therefore.

Even if you are very tempted by Coca-Cola stock. Abel still shook his head.

2 of the stocks.

Even if it's Coca-Cola's. That's a lot of that. Not to mention that it is impossible to achieve absolute control. But this number also looks too bleak.

"10! 4 of them will be exchanged for shares of Blue Star Future, and the remaining 6 will be bought with cash!"

He said to Warren Buffett.

Buffett laughed directly.

If it is really calculated according to the exchange of Coca-Cola shares of 4 for shares of Blue Star Future. Then Abel's valuation of Bluestar in the future will reach 100 million US dollars.

It's not that such a company isn't worth the price. It's just that at this initial stage, even interested buyers will back down when such a price is quoted.

Abel asked for 10 shares of Coca-Cola.

It's even more unlikely for Warren Buffett.

For the stock of such a stable industrial company that has a huge influence in the world. Warren Buffett is more important than anyone else, and he will not be willing to exchange even shares of Internet companies worth more than Coca-Cola shares.

"Hehe......"

He smiled calmly.

"If that's the case. I'm no longer the largest shareholder of Coca-Cola...... If you want Coca-Cola stock, if it's just 10. With this money, it is possible to buy so many shares directly from the market. ”

"Hmm...... More than $20 billion!"

Warren Buffett refused.

Abel said: "The stocks on the market are all ordinary stocks. Now even a stockholder knows that if you want to buy stocks, it is best to buy preferred shares!"

Preferred stock is generally stock with voting rights. Holding enough preferred shares, even if the overall share is relatively small in the company's shares. are able to control and own a company through the rights and voting of preferred shares.

It's like Lei Shidong's control of BS and Viacom.

“25…… What do you think of the $50 billion valuation? It's all preferred stock, what you want!"

Warren Buffett made another offer.

25 words. Bluestar's future valuation here with Warren Buffett is now about $50 billion.

For a family founded for several years. But until the past few months, the product has just come out, and the product has not even passed the market verification of the enterprise.

$50 billion valuation.

Definitely already very lucrative. Even the original female version of Jobs's company boasted so much and attracted the support of so many.

None of the valuations have exceeded that much.

In fact, Abel does not value the future valuation of Blue Star. Anyway, in the short term, it is impossible for this company to go public. By the time this company goes public, it is estimated that its strength at that time will not need the one or two hundred billion dollars for a long time.

Precisely because of this.

He would have been willing to take out the company's shares in exchange for the support of Fidelity and Sequoia Capital and KPB.

Make allies for yourself.

Buffett is now willing to give real money in exchange for the valuable Coca-Cola preferred stock, and he agrees in his heart.

Being able to introduce Warren Buffett into the company's partners will be of immeasurable help to Bluestar's future development.

Many aspects of themselves.

It also has very good help.

The only thing that is tangled up now is the price. Buffett's bid did not meet Abel's expectations, and Abel's price exceeded Buffett's psychological price.

Merchants......

Haggling is a must.

"Preferred stock! plus 2 common stock!2 common stock, I can take out cash to buy!"

Abel bargained.

Buffett smiled.

Suddenly stretched out his hand: "Deal!"

Abel was stunned.

"Coca-Cola's preferred shares, exchange for Blue Star Future 10 preferred shares! In addition, I can introduce friends and sell you 2 Coca-Cola common shares directly! At the current market price, the market value of Coca-Cola today is about 2,081.6 billion US dollars!"

"2 common stock, the price is about $41.6 billion!"

"Young ......"

"It's a happy decision!"

Buffett said this directly, and Abel was a little stunned.

Shouldn't you keep haggling?

His psychological price, in fact, 25 preferred shares, plus a part of common shares, is sufficient.

The preferred shares that can be obtained now cannot be said to be a surprise. But the unexpected is always enough.

In a large group like Coca-Cola, which has extremely dispersed shareholdings, it is already a small shareholder.

I guess he would sell if he was willing to sell it.

This preferred stock can even be sold for more than $6 billion. On the Huaxia side, there must be someone who is willing to invest more than $8 billion to buy stocks, which is about $6 billion.

The reason is simply because this is Coca-Cola's preferred stock.

Of course.

Even if he wants to sell.

You can sell it, but it must be to a business or merchant in the United States. Either that, or sell it to some guys in Europe over there.

In addition to these two sides.

Even if he wanted to sell, the federal government and the Coca-Cola board of directors would not let him sell it.

It's like AD has a market capitalization of only tens of billions of dollars, and at its cheapest, it is only billions of dollars.

But Huaxia, which is in dire need of PU chip companies, is not even interested in asking. Because if it's a Chinese, or something related to China. Even if the price increases tenfold, the transaction will not be able to go through.

As for the guys who sold it to Europe and the United States.

The price is not so beautiful, at most it is based on market capitalization. Just like Warren Buffett now.

"Are you so optimistic about the future of Blue Star?"

In the face of Warren Buffett's bid. Abel asked in a deep voice.

Warren Buffett's sound investments are notoriously unprofitable. Even if it is an investment, it must be guaranteed that there is a 100% possibility of making a profit before it is willing to sell.

Now he is willing to use a valuation of about $60 billion to win the shares of Bluestar Future 10. This means that this stock god is really very optimistic about the future of Blue Star.

It's not ......

It is double the price of Fidelity and Sequoia Capital and KPB's $0 billion valuation.

"Of course, I am very interested in all sound investments! Although Bluestar Future belongs to the high-tech industry. But it's about environmental protection and mining, which means it's one of the foundations of industry!"

"I'm bullish on it, so I'm willing to invest in it! It's that simple!"

Warren Buffett said as a matter of course.

Abel was silent.

Finally stood up and reached out to shake Buffett's hand.

"Deal!"

"Hahahaha!"

Buffett laughed happily, picked up the water glass on the table, and motioned to Abel:

"Cheers to our cooperation! Please forgive me for not being able to drink with you young people because of my health. But my heart is the same! Please, oh, and this beautiful young lady!"

Emma Watson stood up flattered. Warren Buffett actually toasted her, and Emma felt like she could blow it for days.

Able raised the glass of water in his hand.

I bumped into Warren Buffett and said with a smile, "Happy cooperation! Warren, you're my idol!"

"Haha!"

"Young people. You're the idol of most Americans now! No, you're about to become the world's idol of wealth!"

Warren Buffett also said with a smile.

Next, the dinner went on quite happily. Near the end, Abel suddenly made a request.

"Dear Warren, could you please do me a favor?"

"Huh?"

New York.

In New York in November, the weather has begun to cool.

But humans have high technology.

In front of technology.

Even drastic changes in the climate still do not affect human activities.

Therefore, the interior is as warm as spring. But in an office, even if the climate is so warm, two middle-aged people sitting on the sofa still break out in a cold sweat.

At the head of the two of them sat an old man with a square face with a solemn expression.

"Father, what the hell is going on?" one of the middle-aged men asked cautiously, breaking the silence.

The middle-aged man's name is Siri Wexnay, an executive of the famous clothing company LB, next to his younger brother, Delin Wexnay, the president of Victoria's Secret.

The two brothers are also better known as the square-faced old man who sits at the top, the son of Les Wexner.

Les Wexner, who is in her 80s this year, has been in the business world for almost 50 years. In the end, he finally became a billionaire, even if he was still on the list of the world's richest people.

He has about $6.2 billion in assets.

Although this asset has shrunk with the company's shares, his fortune has also shrunk, and has now been reduced to more than $4 billion.

He is the founder, president and chairman of LB Apparel Group, the parent company of Victoria's Secret.

Since his two sons were adults, they had never seen their father have such a serious and almost hideous expression.

According to the secretary, my father has been wearing this expression since he received a phone call yesterday. Who was that call, and what was it talking about?

While the two brothers were struggling to settle down, Les Wexnay finally spoke, but his voice was very low and terrifying: "I received a call from an old friend yesterday, he said that someone wants to take LB hostilely!"

Rice's youngest son, Delin, frowned: "Hostile takeover of LB! Who is this? Is it an investment institution?"

Les Wexnay lowered her eyebrows and stroked a bead in her hand: "A young but terrible fellow. Before we found out, he had more than 18 shares!"

"Hiss......"

The two brothers let out an exclamation. Although they are not very good in business, they have been mixed for so many years, and they more or less know what this number represents.

18 or more shares.

My own home is really in danger.

Because his family's shares in the company are only about 8. The other party is about to have half of his own stock this time, if it exceeds his own home. Then LB is not from the Wexners.

"What should I do? Rice's eldest son asked softly.

"I'm having a hard time in other industries right now. There is no way to get assistance from other industries, so you can only look for the white knight!"

Rice said decadently.

He was about to say something when he suddenly ......

Bell bell bell!

The phone rang.

Les Wexnay answered with a frown.

Less than a minute.

His old face, which was originally worried, blossomed in an instant and became very joyful.

"Yes, no problem, thanks, thank you very much!"

After putting down the phone. Les Wexnay swept away the decadence just now.

He stood up and said to his two sons, "Get ready! We're going to shoot that guy back this time!"

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Chapter 408: Cooperation