Chapter 220 - $3 billion acquisition of Hong Kong Electric
With Diana's words, Keswick is more at ease with Wang Zifan, Hong Kong electric light is a hot potato for him, as long as the price is right, it is the same for anyone, the reason why he likes Li Jiacheng is only because Cheung Kong Industrial and Hutchison Whampoa controlled by the other party are large companies, and they can pay off at one time, and the transaction of billions is not a small amount, and a little-known small businessman like Wang Zifan is very worried about whether he can eat all the shares of Hong Kong Electric. Pen "Fun" Pavilion www.biquge.info
Under the banner of the British royal family, Wang Zifan restarted negotiations with Keswick, but he deliberately lowered the purchase price, and after bargaining, Keswick began to lose his breath.
"No, the price you gave is too low!"
Wang Zifan said lightly: "It's a maximum of 6 Hong Kong dollars per share!"
Keswick fussed: "Oh my God! Yesterday's close was still 7.21!"
Wang Zifan is as immobile as a mountain: "Yes, but you must also know that it is a stock market crash now, and the stock price may fall at any time!"
Keswick shrugged and said, "It's been a few months since the stock market crash, and HK Electric stock is very strong!"
"Are you kidding, if it weren't for your acquisition, do you think HK Electric would have lasted until today, oh God, you Jardine Matheson wouldn't be maliciously raising the stock price, right?" Wang Zifan also shrugged his shoulders as Keswick, the negotiation has entered the final stage, and the biggest difference is the purchase price, he wants to buy at 70% of the stock price, but Keswick wants to buy at a premium, that is, more than 100% of the price.
"Mr. Wang, this joke is not funny at all!" Keswick seems to have done something wrong, the people who attended the ball are British celebrities, and when it is exposed, the entire Keswick family will become a joke, if he doesn't want to make friends with the British royal family, he really doesn't want to talk to Wang Zifan about acquisitions here, like a vegetable market aunt bargaining.
"Okay, seriously, I know more about Hong Kong Electric than you!" Wang Zifan's expression was very serious, for him, this negotiation was also unexpected, the information prepared was useless, the main reason why Hong Kong Electric developed into today's behemoth, the main reason is to monopolize the market, now there is China Power to participate in the competition, and the major shareholders are busy withdrawing their investment, Hong Kong Electric has really come to the time of internal and external troubles.
"You have to know that a one-time acquisition like ours is a premium acquisition!" Keswick grasped the topic of premium, billions of transactions, one percentage point is tens of millions of interests, and he cannot be sloppy.
Wang Zifan smiled: "If you insist on this, then there is really no way, I don't think even Li Jiacheng will agree!"
Keswick said unexpectedly: "Do you know Li Jiacheng?"
Wang Zifan smiled slightly, and said confidently: "You may not know that a conflict broke out between me and him last month, economically!"
Keswick showed an interested look, Li Jiacheng's acquisition of Hutchison not only caused a sensation in the Chinese world, but also a very remarkable achievement in the eyes of their foreigners, you must know that Hutchison and Jardine Matheson, Swire, and Wheelock were once called the four major British foreign companies in Hong Kong, Li Jiacheng annexed Hutchison, and his strength skyrocketed, and now Wang Zifan and Li Jiacheng are on the same level, and can't help asking: "What is the result?"
Wang Zifan said: "We are half a catty to eight taels, and no one can help anyone!"
Keswick looked at Wang Zifan again, wondering if the information he received was correct, he was really a small family in Hong Kong?
Wang Zifan said meaningfully: "No matter what the result is, the entire Cheung Kong Industrial has become a frightened bird, and is currently mobilizing all funds to increase its stake in Hutchison, do you think Li Jiacheng now has the ability to acquire Hong Kong Electric Lighting?"
Keswick hesitated, "But we talked about it at the beginning of the year!"
Wang Zifan asserted: "This is a delaying tactic! To put it simply, Li Jiacheng is not able to buy the shares of Hong Kong Electric in your hands now, he is delaying time, on the one hand, it will consume your patience, and on the other hand, he can calmly tide over the crisis.
Keswick showed a shocked look, the real situation of Hongkong Land Group is exactly the same as Wang Zifan's analysis, at the time of the stock market crash, Niu Bijian also transferred a large amount of money, which is undoubtedly worse for Hongkong Group, if HK Electric because of its monopoly on 90% of Hong Kong Island's power supply system is not tolerated by the mainland, then the registered address of the real estate group has been moved to Bermuda, and the sacrifice of the real estate group for the sake of Hong Kong Electric Light is a disaster for the entire Keswick family!
Wang Zifan stopped a waiter, took the red wine he handed over, took a sip, and gestured, "What do you think?"
Keswick's nervous expression gradually returned to normal, and he smiled: "Let's have a toast for the sake of happy cooperation!"
Wang Zifan said happily: "It is indeed worth congratulating!"
Halfway through the red wine, Keswick stopped, pondered for a while, and said, "But you must know that Hong Kong Electric Light is a hot potato for us, and it is really fragrant for you!"
Wang Zifan said with interest: "What do you say?"
Keswick laughed, "Because I'm Chinese!"
Wang Zifan understood, and said: "Do you think that the mainland will take over Hong Kong and engage in communism?"
Keswick said seriously: "Of course I hope not!"
Wang Zifan saw that he was insincere, and shook his head secretly, this sentence is a joke in the 21st century, but it is very marketable in the eighties, otherwise there will not be so many people who want to immigrate, the upper class of society will just leave, and the people at the bottom will be difficult, pay a lot of costs for immigration, money and women are side by side, and women will be contributed without money, I don't know how many women suffer.
"In general, there are no losers in this transaction, we win each other together!" Keswick kept signaling with both hands, trying to express his meaning, without Li Jiacheng's hole card, Wang Zifan was his only choice, and accepted the price reduction acquisition request by default, but 6 Hong Kong dollars was far lower than his psychological bottom line.
Wang Zifan shook his head and said: "6 Hong Kong dollars can't be more than a point, I believe that the stock price of Hong Kong Electric still has a lot of room to fall, and when that time comes, it will be too late for you to make another move!"
Keswick was very anxious to reach an agreement, but it backfired, and if it had been on other occasions, he would have been there for him to the end, but here...... Said helplessly: "Maybe today is really not suitable for negotiation!"
Wang Zifan said sincerely: "The pros and cons are in our hearts, there is a scale here, you are in a hurry to make a move, I will take over, it should be so, in our Chinese world it is called a gift exchange, if you feel that you have lost, of course I can postpone the negotiation, then it will really become a delaying strategy, and it will be you who will come to the door when the time comes!"
Keswick nodded, "What you say makes a lot of sense!"
Wang Zifan smiled and said: "If I want to do this, it will be no different from Li Jiacheng, looking at the Chinese family, not everyone can eat the behemoth of Hong Kong electric light, even if you can eat it, you may not buy it, now I take the initiative to send it to the door, you should feel lucky, otherwise you have to sell to Li Jiacheng, now I take the initiative to come to the door, I am afraid that in the future it will be you who will personally go to Hong Kong!"
This is not nonsense, in history Keswick is in Li Jiacheng's delaying strategy, a whole year of talking, when the Hongkong Land Group's funds dried up, crisis, at any time there is a danger of liquidation, Keswick was forced to helpless, personally flew to Hong Kong, directly found Li Jiacheng, got off the plane at noon, and reached an agreement in the evening, the purchase price is 6.4 yuan per share, 85% lower than the market price!
Keswick weighed for a moment, sighed, raised his glass, and smiled bitterly: "Okay, you convinced me!"
"I'm sure you've made a wise decision!"
"But I have one condition!"
"Please!"
"All payments must be made in one lump sum!"
"This ...... Of course there is no problem!" Seeing that the negotiation was about to achieve perfect success, Wang Zifan did not want to be sideways, and agreed after a little hesitation, more than thirty funds were a big burden for him, once the Li family withdrew the investment, it would really become a fish on the board to be slaughtered, before that, he had to think of a way to get the best of both worlds.
Reaching a verbal agreement, Keswick seemed to let go of a matter, since the acquisition of Hong Kong Electric Light by Nubijian, this large company is a big mountain for him, but it is a pity that he joined Jardine Matheson a little late, otherwise he will definitely stop Nubijian!
"Alright Mr. Wang, it's prom time!"
"If I could, I'd like to sign this contract first!"
"This is?" Keswick was speechless, really going to sign a contract in this place.
"This is a contract of intent, and we can send a team to discuss the specific terms!"
"Okay!" I heard that it was an agreement of intent, and Keswick signed it after confirming it, and he was afraid that Wang Zifan would regret it.
After signing the contract, Wang Zifan looked at the time, just 12 o'clock, that is to say, from the beginning of the business to the official signing, a total of two hours, excluding the dance time, there is actually only a little more than an hour, more than 3 billion business, this is his efficiency, the total market value of Hong Kong Electric Light exceeds 10 billion, Jardine Matheson holds 31% of the shares, and the transaction price of 6 Hong Kong dollars per share is only equivalent to 75% of the stock price, which is ten percent lower than Li Jiacheng.
"Congratulations!" Diana witnessed the whole transaction process, although she did not know the market value of Hong Kong Electric Light, but she also saw the wise and decisive side of Prince Fan, Keswick, who was in his forties, the patriarch of a family, and several counterattacks were easily resolved by him, and the charm of which was probably only experienced by women.
Wang Zifan smiled: "It's nothing, it's not my credit alone?"
Behind the seemingly easy deal was little-known foresight, and the two-hour negotiations were supported by a half-year plan, as early as half a year before the acquisition, Wang Zifan and even the entire team began to "constantly study the company and consider the advantages and disadvantages of investing in HK Electric for a long time".
"Hongkong Electric is the company I have in mind, and I have all the information in advance, so I know what to do when the opportunity comes. Wang Zifan smiled meaningfully, this is the secret of his repeated victories, not only the Hong Kong Electric Light, but also the companies he targeted, which one is not obtained like this? These secrets are treasures for people like Liu Luanxiong, but for the innocent White Rabbit Diana, it is just a confident declaration!
Diana is not as pure as Wang Zifan imagined, she was born in a family of earls, and what she has heard and witnessed since she was a child is the business experience, which is enough to make her have the potential to be a strong woman, and said with great interest: "Charles said that two years ago you still had nothing, but now you are among the celebrities in Hong Kong, how did you do it?
Although Wang Zifan was surprised, he didn't take it to heart, and said with a smile: "I spend almost half of my time planning the future development direction of the company, paying attention to investment opportunities in Hong Kong or overseas, and I have a clear understanding of the asset status of many Hong Kong companies in my mind, so I can make a quick decision whenever I have the opportunity!"
Diana was thoughtful, the Charles love letter incident cast a shadow on the marriage between the two, all the people around her were persuading her to make compromises, and Her Majesty suspected that she was the mastermind, and she was always picking on her recently, maybe she should change her interest, if she can achieve such an achievement as Wang Zifan, probably no one will despise her!
How is he!
Wang Zifan frowned, MI6 is really haunted, and he can't get rid of it anywhere!
"I'm sorry, I'll miss you first!"
"Wang?" Diana didn't expect Wang Zifan to leave, so she stopped talking.
"What's wrong?" Wang Zifan instantly felt that he still had some status in Diana's heart, and threw MI6 behind him, and said eagerly and reservedly: "Is there anything that can help you, dear Athena, oh no...... Dear Diana, I'd love to serve you!"
Diana blushed and said, "It's nothing, I may have to go to Hong Kong in the near future!"
"Welcome, I will be your guardian at that time!" In front of the beauties, Wang Zifan has always been very thick-skinned, took the opportunity to hug Diana, and also secretly kissed her fair face once, strangely thought, it turns out that foreign beauties can also be shy!
……
"Hollow! Johnson, what have you been up to lately?"
"I must warn you that Lady Diana is the future Princess of England!"
"Well, I'm not here to be warned, Philip isn't as verbose as you!"
"I've been busy dealing with the aftermath of the warship lately, and you'll have someone new to follow you up, and I'll introduce you to you later!"
"You're so funny!"
Wang Zifan made no secret of his ridicule, from the prince to the captain, he is really getting less and less valued, it seems that he has to make a big move!
Johnson explained: "Don't underestimate him, this kid's background is definitely beyond your imagination! He is also a thorn in the head, who once commanded and planned to overthrow an African tyrant emperor!"
Wang Zifan was not interested in Africa when he heard it, it was full of blacks, and the so-called emperor was probably also a chieftain, but when Diana had been picked up, he said boredly: "I'm still interested in what warship you just said!"
Johnson shrugged his shoulders and said: "This is a very boring errand, the last Battle of the Falklands, we lost a few warships, of course Argentina lost more losses, these warships lost their military value, so the above is a headache how to deal with it, I mean looking for buyers, there are quite a few foreign consular officers here, asking if they ......"
Wang Zifan's heart moved, and asked, "Has it been scrapped?"
Johnson corrected: "It's scrap for us, but for some small countries, they don't have warships and they don't have money, you know, these bargains!"
Wang Zifan said quietly: "How much do you plan to sell?"
Johnson did not doubt him, in his mind, the buyer should be a foreign military force, or a certain national opposition, Wang Zifan's identity really does not match, thought about it: "There are three or four ships, the largest one is about tens of millions of dollars, its cost is hundreds of millions of dollars, and the rest is about 10 million dollars!
Wang Zifan paused, and said in a surprising voice: "I'll buy it!"