Chapter 212: A Third Party Who Suddenly Came Out
In any sense, the two blossoms are considered to have been achieved, and Zhang Heng is still looking forward to good news from Lacaste's side, striving to achieve three blossoms.
But nine times out of ten, when he and Catherine were eating a French meal in the living room of the suite to replenish their energy, Jules came over with a solemn expression and told the bad news.
A company called "Maus Freres SA" made a takeover offer to the Lacaste family, and CrΓ©dit CLSA, as the custodian of the fund, naturally received the corresponding documents.
"I'm sorry, I can't finish this delicious dinner with you. Zhang Heng put down the tableware, picked up the napkin to wipe his mouth, and got up
Walked up to Catherine and kissed her on the forehead.
"If you don't mind, I'd like to hear about it too. Catherine put down the cutlery as well.
"Of course, let's go to the living room and talk. Zhang Heng smiled and crossed his arms and motioned for Catherine to hold him.
When the two entered the living room, Lin Liang was already drinking coffee with Jule, and when he saw the intimacy between the two, Jules was slightly stunned, and then pretended not to see it.
"So, Jules, please tell me what this company is. Zhang Heng sat on the sofa and asked directly.
Maus Freres SA is a Swiss retail company that has five large shopping malls in large and medium-sized cities such as Lausanne, Geneva and Zurich during the Second World War, thanks to Switzerland's unique neutral status and the booming tourism industry in the Alps.
From the fifties onwards, the company began to expand into Europe, and now there are more than 15 shopping malls in all major cities of Western Europe.
In order to better develop the retail industry, they naturally expanded upstream, taking a stake in Gant, a well-known American men's shirt brand, in 65 years and obtaining its exclusive European distribution rights, and in 66 years taking a stake in Aigle, a century-old French outdoor brand, and obtaining its exclusive European distribution rights.
In '68, Maus Freres SA obtained the status of an authorized dealer in Lacaste Europe and acquired an 11.2% stake in Lacaste from several minority shareholders, which is their largest stake in an upstream company to date.
It can also be seen that the Swiss retailer has long coveted Lacaste.
This time, Maus Freres SA offered to buy 34.3% of La Carster shares held by the Lacaste family fund, representing a premium of 10 percent.
The sisters were moved, at least they could take half of the money from the sale.
What's even more surprising is that the mother and son are also a little moved, to put it bluntly, they also lack cash that can be used immediately, and now that they have the opportunity to sell at a high price, they will naturally not be indifferent.
"If the 34.3% stake is sold, then the Lacaste family will lose the status of the largest shareholder, can't the mother and son see it? Moreover, if they share this income equally with the sisters who have already turned their faces, I don't think they will really be willing, right?" Zhang Heng raised doubts.
Jules smiled bitterly: "With the mediation of a group of relatives and friends, they reached a preliminary agreement internally, if this transaction is completed, the proceeds will be divided equally, but the remaining 40% of the equity, the sisters can only enjoy 36% of the proceeds, otherwise the mother and son will prevent this sale anyway." β
"After all, it's a family, and there is always a solution to the problem. Zhang Heng said with emotion, and then frowned and pondered.
"What do you mean, unless we raise the offer, this acquisition by Maus Freres SA will soon become a reality. After a moment, he stared at Jules.
Jules nodded solemnly: "I think that's it, Mr. Zhang, you have to come up with a plan as soon as possible, and they should be ready to sign the contract by tomorrow afternoon at the latest." β
"How much do you recommend we bid?"
"At least 12%, preferably 16%, our experts have analyzed that Maus Freres SA is currently increasing its investment in fixed assets in Greece and Spain, and the financial situation is tight, and their board of directors is unlikely to support a ridiculously high investment case, and 15% should be their psychological threshold. β
"Maus Freres SA, retail group, shopping mall, Greece, Spain," Zhang Hengnian muttered, and suddenly looked up at Jules, "Jules, do you think this plan is possible, let's have a good talk with Maus Freres SA, and together we will take all of La Caste at a 10% premium, I need 51% of the equity, and give them all the rest." β
"They should want to control it themselves, I'm afraid it's difficult?" Jules thought for a moment and shook his head.
"No, maybe you haven't noticed, they have long been the second-generation shareholders of Lacaste, and the reason why they are asking for a controlling stake at this time is that they don't want this brand with decent performance to decline in the hands of the second-generation heirs.
What they are worried about is whether they have excellent suppliers and whether they can be supplied normally, as for complete control of suppliers, I think there are so many brands in the world, they don't have such big ambitions. β
Jules perked up: "You mean, we can give them a certain commitment in terms of brand maintenance and product supply. β
Zhang Heng smiled and nodded: "Not only can we give commitments in these two aspects, you can also tell them that the two of us can even cross-sharehold, I am willing to invest in Maus Freres SA, and just seek the status of the second largest shareholder, as long as my side joins their board of directors, I will help them to deploy in Asia and Australia as soon as possible." β
"That's a good idea!" Jules clapped and laughed, "With the extent to which Daheng's current industry has expanded in Australia, Xiangjiang, Wanwan, Japan, and Singapore, I believe it will be easier, at least far better than going there to develop on their own." β
"It will depend on whether the board of directors of Maus Freres SA has been thinking about going east in recent years, and how desperate they are for funding. Catherine suddenly spoke, looking at Zhang Heng with expectation, "Xiao Heng, are you willing to give me a chance?"
"My dear, if you have something to say, how can I refuse. Zhang Heng took her hand affectionately.
"I would like to speak to the Board of Directors of Maus Freres SA as your representative. β
"You?" Zhang Heng and Jules were surprised.
"You subconsciously thought I studied education or art in college. Catherine smiled.
Zhang Heng nodded.
"Fool, I'm a classmate of Jiexi, and I'm also a registered lawyer of the English Law Society. β
"Oh!" Zhang Heng patted his head, "Jiexi mentioned this, I really didn't think much about it." β
"What's more, I'm still a baron, let me go to Switzerland, they won't ignore me. β
"My God, you're a baron. Jules hurriedly got up and performed an ancient aristocratic etiquette, "Your Excellency, it's an honor to meet you. β
"Mr. Jules, you're welcome, now I'm Zhang's woman, and I'll be his full-time lawyer and agent in Europe, so please take care of me in the future. Catherine returned the salute and said gently.
Jules sat down, his gaze wandering between the two of them several times, the shock and envy on his face could not be concealed in any way.
"Can I?" Catherine sat down beside Zhang Heng, looking at him with beautiful eyes.
"How could I possibly say no to such beautiful eyes. Zhang Heng sighed and took her hand, "Maybe I should be glad that I not only have a beautiful woman, but also a capable helper, in our words, called"
"Virtuous help!" Catherine blinked her eyes and smiled teasingly, "Your virtuous helper is in Xiangjiang, and I can only reluctantly be your virtuous helper." β
"Thank you, Catherine, for the pleasure of my life to know you. In front of everyone, Zhang Heng held her in his arms, and his heart was infinitely warm.
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