Chapter 772 Merger Proposals
"200 million US dollars, 40 percent of the shares, the preliminary decision to buy at this price. Pen @ fun @ pavilion wWw. ļ½ļ½ļ½Uļ½Eć ļ½ļ½ļ½ļ½ā
The acquisition of a stake in the Inditex Group at a premium is far more than Amancio Ortega's psychological bottom line, so he has a beautiful expression on his face.
"My company has recently acquired several garment manufacturers, as well as local Spanish apparel brands, which has led to some liquidity problems.
Next, I plan to expand globally, and the construction of logistics channels also needs to invest funds, and with this money, many of my ideas can be realized in advance, and the cooperation is pleasant!"
Han Xuan was slightly stunned, he thought that his grandmother would wholly acquire Inditex Group, but he didn't expect to only acquire 40% of the shares.
Dare to buy a brand that is now only famous in Spain and parts of Europe for a market value of 500 million US dollars, and I can't help but admire her way of doing business.
He asked Ortega tentatively, "Sir, I am willing to buy all the shares of Inditex Group with a market value of $600 million, what do you think?"
Amancio Ortega was stunned, then laughed and said, "Do you still want to rush to buy it with your grandmother?"
"No, no!
I don't mean that, I can convince my grandmother to let her collect enough for Inditex Group for $600 million.
All will be paid to you in cash for as long as you wish. ā
Although ZARA's reputation will not be good in the future, it will eventually be a huge company with a market value of more than 100 billion dollars.
The opportunity to get a huge return at a very small price, Han Xuan was unwilling to let go in vain, and tried to help his grandmother obtain a controlling stake in the group.
Ortega smiled even more and said, "Thank you for appreciating my Inditex Group, your grandmother said the same conditions as you, but I refused.
I was fifty-nine years old, and I was just an ordinary tailor until I was forty, and I had long since seen that money was nothing to me.
After selling 40% of the shares, I can still have control of the Inditex Group, and when I don't want to continue to do it, your family can buy my shares first, this condition is enough, right?"
"Well, I see what you mean. ā
Han Xuan thought helplessly, if he followed the development trajectory of his previous life, he would still be alive and well until 2015, and inditex would be worth hundreds of billions of dollars at that time, and he would buy a fart!
In the early days of his business, Ortega accepted financing from others, but when he had the money in his hand, he bought the shares back.
In addition to the shares distributed to his children and the company's top management, he owns more than 90% of the shares of the Inditex Group.
This time, Han Xuan's grandmother's offer was too terrifying, and she sold all the shares that could be sold, only retaining the controlling stake, exchanging shares for cash, and creating development opportunities for the company.
"Now I see opportunities and markets everywhere, but I don't have enough funds to expand.
The $200 million I collected this time will be fully invested in the Inditex Group to open my stores all over the world. ā
Ortega didn't seem to mean to say this.
Han Xuan suddenly scolded the old fox, if whoops still wants to maintain 40% of the shares, it must invest the corresponding share of funds, otherwise the shares will be diluted with the capital injection.
Bu Die then asked, "What do you think of the idea, I mean, if you use the shares of the WhoOps Group to merge with the Inditex Group?"
The WhoOps Group now owns brands such as Victoria's-Secret, Burberry, Whoops, Express, etc., and with the addition of ZARA, its future will be even brighter.
You can also make a lot of money in exchange for shares, and I guarantee that Zara will remain in your hands, and you will always be the CEO of this branch and a member of the board of directors of the Whoops Group. ā
"Merge with a market cap of $600 million?"
Ortega asked the point.
Now Whoops Group, with the share price of its subsidiary Victoria's Secret, is expected to have a total market capitalization of around $1.9 billion.
If it merges with the Whoops Group for $600 million, it is absolutely cost-effective to get a third of the shares of that company for $250 million, and everyone in the industry can see that the future of Whoops is bright.
According to the market value of 600 million US dollars, he will exchange a large amount of whoops shares from his grandmother, Han Xuanyan didn't know how to answer him when he heard this.
According to the current trajectory, the market value of Whoops Group in the future may not be less than that of Inditex Group.
After thinking about it for a while, he still said ruthlessly: "After the merger, you will be given 25% of the shares of the head office, and I can persuade my grandmother to agree to this condition." ā
Ortega was speechless when he saw that he really dared to merge with a market value of more than half a billion dollars.
Waving his hand to let Han Xuan accompany him out to talk, holding a cigar to signal that he wanted to smoke.
Han Xuan said to Anya: "You first see if there is a style you like, and let the clerk bring it to you to try it on."
Hey, and you, pick what you like, dress formally, preferably in a suit. ā
Shen Yutong was shocked by the content of their conversation, and replied dumbfounded: "Oh, okay......"
Passers-by on the side of the street did not know that in front of the Zara store, an old man and a young man were negotiating a huge merger and acquisition case with a scale of hundreds of millions of dollars.
I could only see an old man, holding a cigar and burning it on a lighter, inhaling and exhaling a large cloud of white smoke.
Since the establishment of the ZARA brand in the 70s, he has hardly encountered any difficulties in the past 20 years, he has chosen the right business direction, and the huge cash flow has made the company's development smooth sailing.
And now, Ortega feels like he's faced a problem that has never been seen before, even changing the company's fortunes.
Even if he sells 40% of the shares, he has the right to decide, and the Inditex Group is still his, and the shares he owns have changed from more to less, and there is not much difference.
However, after the merger with Whoops Group, although Han Xuan promised to give him the permanent CEO position, Inditex Group is not his, but he can own shares in brands such as Victoria's S-Secret and Burberry.
I feel like I'm standing at a fork in the road, and I'm faced with the dilemma of going left or right......
Ortega took another puff on his cigar and said with a wry smile: "Han, people say that you are a business genius, and you can value my company so much, which shows that its development potential is amazing."
I'm sure you've figured out what it looks like, but I don't know yet.
It made me want to walk away from the deal and keep all of Zara's shares in my own hands. ā
Han Xuan found that he was in a hurry and did something bad, in case he really didn't sell it, it would be bad.
After giving the dates, he simply gave a stick, obviously threatening, but his tone was very flat: "It's really good."
But have you noticed that the development model of whoops is similar to that of Zara?
If my grandma were willing to put in a billion dollars to expand, you can guess.
Wherever ZAR opens in the future, I will find that the market there has already been occupied by whoops in advance, and I can do that.
From capital to logistics and manufacturing, Whoops Group has advantages over Inditex Group, and the cooperation between the two of us is the best way to do it, and you will not regret it. ā
An old man who is almost sixty years old has been threatened by a teenager, Ortega felt funny when he thought of this, shook his head and said: "I have fought nearly a thousand lawsuits about plagiarism, but there is really no good way to stop you from trying to imitate Zara's business model."
Give me time to think about it, after all, this is your grandmother's company, and I don't know if she will agree. ā
"On her side, I will definitely say yes.
I am the only grandson, and I don't hurt anyone.
Dawson, please give him my business card and call me when you're ready. ā
Han Xuan stretched and said, "Now I'm going to buy some clothes in your store, and they'll help me get a discount, Mr. Ortega?"
ā¦ā¦ (To be continued.) )