Chapter 1359: Raising Funds
Chapter 1359 Raising Funds
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After listening to Feng Jianhui's words, Liu Dong nodded knowingly and said, "Since you all think that it is imperative to acquire Yahoo. So let's talk about funding! …… Lao Zhang, how much acquisition funds can Paper Communication Group provide? ”
"$6.5 billion!" Zhang Fan hurriedly said.
"6.5 billion? So many? Don't you count all the money that the company invests in research and basic operations? Liu Dong was slightly surprised.
"Of course not! Of the $6.5 billion, $4 billion is Paper Communication's profit over the years, and $2.5 billion is the company's bank loans! ”
"Hmm!" After a little calculation in his heart, Liu Dong turned to Feng Jianhui.
This time, there is no need for Liu Dong to speak, Feng Jianhui has already said: "Under the condition of ensuring the normal operation of the head office, Hanhua Group can provide 30 billion US dollars of acquisition funds for Paper Communication!" ”
"Are you sure?" Liu Dong couldn't help but say.
"Yes! Of course, if we want to raise that $30 billion, we need to sell some of our assets! ”
"Tell me?" Liu Dongdao.
"Okay! First of all, I don't think it's necessary to hold an equity stake in an Internet company like Amazon anymore. Compared with simply investing to make money, it is better to sell this part of the shares in exchange for funds to support our own development, after all, we have ebay, Amazon is still our competitor in the same industry! In addition, Google has begun to prepare to go public this year, and we hold 26.7%, nearly a quarter of Google's original shares! ”
"If Paper Communication doesn't develop internet search in the future, I would oppose the sale of these shares. But now that we have Yahoo Search, there's no need for us to hold that stake anymore! …… According to the predictions of Wall Street investment institutions for Google's listing, as well as the analysis of our Hanhua Research Center, Google will be listed after the listing. There will definitely be a period of rapid upward movement in the stock price. If we sell all the shares in our hands, we should be able to get more than $20 billion in funds. Of course, this is the lowest estimate. If Google had done well since it went public, we could have made even more. ”
"After selling the shares of Google and Amazon, two plus plus and three billion dollars should also be together!"
After listening to Feng Jianhui's analysis. After thinking for a while, Liu Dong nodded. Indeed, as he said, since GCA Group is already planning to enter the search industry, there is no need to continue to hold the equity of Google! The same goes for Amazon's stock. …… Developing your own internet search and e-commerce sites is a much more beneficial way to make money and gain key industry influence, than simply investing to make money. Now, there is no shortage of departments that can make money! But there are very few companies that can gain influence in the industry.
"Lao Zhang has $6.5 billion there, and Hanhua can provide $30 billion. I'm able to give you another $5 billion here! With this one, we have 41.5 billion. It's still a lot away from the goal! Liu Dong frowned.
"Chairman, we can replace this part of the funds with the shares of the head office after the acquisition of Yahoo!" Zhang Fan said.
Hearing this, Liu Dong nodded, but did not immediately express his position. The substitution of shares for acquisition funds is a common M&A method in the past business mergers and acquisitions. But Liu Dong was hesitant. Because if that's the case, I'm afraid his stake in the new Paper Communication Group will drop to 50%, or even below!
The fear of losing control is the fundamental reason for Liu Dong's hesitation at the moment.
"If the chairman doesn't want to replace it with shares. We also have stocks in more than a dozen major companies such as Microsoft, Boeing, Hasbro, Chaowei Semiconductor, and Apple. They are worth more than $20 billion, and we can raise acquisition funds by selling shares in these companies. Feng Jianhui, who understood Liu Dong's thoughts, said beside him.
"If that's the case. I'm afraid David Coleman is knocking on my door! Liu Dong said with a smile.
The shares of these large companies mentioned by Feng Jianhui just now are basically in the hands of Hanhua Holdings, and if they are all sold, then 80% of the assets of Hanhua Holdings will also be sold!
It's no wonder that David Coleman, the president of GCA Holdings, is not mad.
"I'm in a hurry, I'm sure President Coleman will understand! Moreover, when the chairman personally comes forward to appease him, he will definitely be able to solve the problem! Feng Jianhui said calmly.
"I'm in trouble!" After glancing at Feng Jianhui angrily, Liu Dong showed a thoughtful look on his face.
For Feng Jianhui's proposal just now. Liu Dong was still a little moved in his heart. But of course, you can't sell all the shares of GCA Holdings. It's still okay to sell some of it. Like Microsoft, whose stock is now past its initial peak. Although it is still a blue chip in the stock market, there is no need to keep it when you need money.
"Mr. Feng, can't you just transfer some funds from other companies under Hanhua?" Zhang Fan said.
"I would like to, but I guess it's other than Imperial Entertainment. There is no other company that can provide us with funds! Feng Jianhui shook his head and smiled bitterly.
As the chairman of Hanhua Group, Liu Dong understands the meaning of Feng Jianhui's words.
In fact, since the first appearance of the GCA Group five years ago, Liu Dong has injected it with the gene of expansion. Although the group's development policy has changed from the initial encroachment to stability. But stability doesn't mean standing still.
Rose Jewelry, for example, is now doing its best to expand its branches into Europe. Dongchao Group is working hard to form a nationwide business network for its 'Agarwood Pavilion' antique industry, as well as 'Taiyi Pavilion' wood carving and classical furniture industry.
Jiahua Group, Huayang Group and Shangyuan Engineering Group have invested almost all of their corporate profits in land hoarding and the development of Yanjiao New Town.
K. Wah Hotel Group has focused on the construction of three super five-star hotels: Han Palace, Tang Palace and Song Palace.
In addition to maintaining the company's operations, Dongfang Iron and Steel Group's profits are basically invested in the research and development of special steel formulations and the research of new processes.
Eastern Resources Group, on the other hand, has put its profits on the development of iron ore mines in Mongolia and Baikal in Russia.
Fengrui Agri Group is preparing to expand its own farm in Ontario, Canada. Under Lin Ling's command, Lejia Group's supermarkets and sporting goods stores are expanding wildly across the country, and the momentum is even stronger than that of Rose Jewelry, with 25 stores opening across the country every month.
Fortunately, the expansion funds of Lejia Group were provided by Liu Dong, and they did not go to the books of Hanhua Group, otherwise Feng Jianhui would have a headache to death.
As for Cathay Pacific and Global Trade, one of them fills its own fleet, and the other buys its own fleet, and they can't squeeze out much money at all.
Pacific Oil Industries has basically filled its profits into the development of Mongolia's oil fields and pipelines.
Matrix Media's profits were invested in the expansion of cinema chains in China and throughout East and Southeast Asia, and even the acquisition of Pixar was paid for by Liu Dong.
The remaining former Daewoo companies, including Daewoo Heavy Industries, Daewoo Shipbuilding, Daewoo Motors, and Daewoo Electronics, have also invested in new factories in China on a large scale. And before the restoration of the original economic crisis, the production and marketing system of Daewoo Group in the world could not squeeze out funds at all.
As for the Hanhua Commercial Bank, Hanhua Insurance and Hanhua Securities, they can provide some funding, but they are not able to raise more than a billion dollars because of their original focus on steady expansion.
In this way, only Emperor Entertainment is the most likely! In fact, Emperor Entertainment, which is basically unable to expand, has been playing the role of the 'cow' of the headquarters of the Hanhua Group since it was put into operation!
With an annual profit of more than 2 billion US dollars, it is worthy of Macau, the world's No. 1 gambling city, and its reputation as a 'money printing machine'!
"Wait a minute! Buying Yahoo isn't something that can be done overnight either. After figuring out the other party's conditions first, we will find a way to raise funds! If it doesn't work in the end, then exchange it for stocks! Liu Dong thought for a while and said.
"Understood, Chairman!" Zhang Fan said excitedly.
Seeing that his vision is about to become a reality, it is no wonder that as the leader of Paper Communication Group, he is so excited.
"Oh, yes! Since you're both here, I happen to have some questions for you! After a pause, Liu Dong quickly swept the eyes of the two and said, "What do you think of the 3G telecommunications industry?" Is there a future for development? ”
"3G Wi-Fi?" Zhang Fan said.
"That's right!"
"Chairman Liu, why did you suddenly remember to ask this?" After glancing at Zhang Fan, Feng Jianhui said curiously.
"Before you came, Li Zekai just talked to me about this!"
"He invited you to join the telecom industry?" Zhang Fan said.
"That's right!" After nodding, Liu Dong simply repeated some of the key points of the conversation with Li Zekai just now, "I don't know much about the telecommunications industry. But I know that Li Zekai's words also have some truth, and 3G wireless networks are indeed the future of the telecommunications industry. …… However, the telecom industry has a huge investment, so I can't make up my mind to enter this industry at all. So I'd like to hear from you first! ”
After digesting Liu Dong's words and pondering quietly, Zhang Fan first said: "Chairman, 3G wireless network is the future, that's right!" In fact, our Internet industry has also been tracking the development of the 3G telecommunications industry internationally. Because we are all convinced that after the development of the Internet reached its peak in the PC terminal, its future is on the mobile side. But what we can't be sure is how long it will take for the development of mobile phone hardware to be able to assume all the functions of a computer, or most of them. …… If mobile phones can't do this, then the golden age of the 3G telecom industry will never come. (To be continued.) )