Chapter 218: The-ShunFamliy

Xu Teng's visit to the United States this time was very long, the first week of the itinerary was very intensive, and the second two weeks were dedicated to cleaning up the mess of Huayin's investment in the United States. Pen × fun × Pavilion www. biquge。 info

Chinese businessmen do things vigorously, with tight time and heavy tasks.

When Xu Teng felt that the old president Camille was really not good and couldn't hold up this mess, he immediately postponed his trip to New York and Boston temporarily, took a special plane out of Washington, D.C., and returned to the Sunrise Building on Wilzer Avenue in Los Angeles, California, which is the headquarters of Herbalife Herbalife.

He spent a whole day meeting on the board of directors of Herbalife, trying to redefine the direction of Herbalife's future reforms, in fact, five years ago, Herbalife had long been among the top ten health care brands in the United States, bidding farewell to the glory of the 80s, and selling the newly built headquarters building in the 90s to Sunrise Real Estate Group in California - the United States is also the king of real estate, and the strength of the real estate industry is eternal.

However, Herbalife still retains the 4-10 floors of the Sunrise Building, which serves as the headquarters of the group, and despite the company's market capitalization of $3.5 billion, it is basically a medium-sized company in the United States.

After the acquisition of Herbalife, Huayin first rapidly expanded its sales in China, and with its performance and concept to pull up the stock price, it launched more and more new products, and now has as many as 200 kinds of health care products, mainly sold in large supermarkets in the United States and 2,000 herbal life stores in the United States.

This is diametrically opposed to the domestic marketing model, the pharmacy channel in the United States is simply black price, to be exact, as long as it is related to "medicine" in the United States, it is all black price, so black that black people basically do not buy medicine, and it is more convenient to use guns directly.

Compared with the pharmacy channel, the supermarket channel in the United States is the conscience price, so the major health care product companies like to sell in the supermarket.

Because most of the pharmacies are in the urban areas, and the supermarkets are large, basically in the suburbs, build their own land, the bigger the better, the more goods the better - of course, this is only a rough rule.

Herbalife's current general characteristics in the United States are that there are many advertisements, mid-range prices, and high cost performance.

Of course, Herbalife's standards are not as low as platinum, and several factories in Nevada, New Jersey and overseas, as well as product development and raw material acquisitions, must meet all FDA indicators.

There are many legislation in the United States in this regard, and once there is a counterfeit incident, it is more cost-effective for Lao Xu's family to close the door and run away.

Herbalife's current market capitalization on the NASDAQ is $3.54 billion, which is almost the sum of NBTY and GNC, because it has a high profit from overseas sales, and the high market value has in turn stimulated sales in the domestic market in the United States, spreading to other overseas markets as the largest health care brand in the United States.

Obviously, Xu Teng's plan to acquire the two biotechnology companies of Imumina and Regeneron is a bit unreliable, and he and the key members of Herbalife's board of directors carefully discussed all possible acquisition targets, and finally locked in Willner, because the company is not large, the product line focuses on natural skin care products and nutrition products in the fields of women, babies and children, and has just launched a new line of baby dairy and nutritional food.

In this field, Johnson & Johnson and Abbott are the kings.

Willner's focus on all-natural and organic herbs is selling well and its profitability should be good, but the key is that it is a 30-year-old family company with a reasonable price point and usually no major acquisition barriers.

Verina.

This is the Chinese translation name set by Xu Teng, after all, it mainly depends on the profits of the Chinese and American markets, first of all, we must use the channels of the Boan system to instantly stimulate profitability, and then reverse marketing and promotion in the United States, and then form a virtuous circle, continue to China to fool the vast number of small bourgeoisie.

The director of Herbalife, who has proposed the acquisition target and has been approached several times, is an older sister in her thirties, named Ashley Ron, whose father, Kim Ron, was a former California congressman in the '80s, and who founded the company with friend Mark Hughes, and currently holds an 8.3% stake in Herbalife.

Facts have proved that with shares in hand, she really cares about the development of the company, and the board of directors did not authorize it, so she still tried to contact Willner on her own, and the initial estimate was that the purchase price would not exceed $700 million.

This price is mainly due to the company's raw material production sites in Canada, Minnesota, Louisiana, Colombia and Eastern Europe, and the price is not low for these direct farms and loan investments from associated farms.

Xu Teng agreed to the other party's proposal, good business.

However, the plan to acquire two biotechnology companies, i3umina and Regeneron, could not be stopped, and Xu Teng's new direction for Herbalife was genetic engineering and biopharmaceuticals.

If he can, Xu Teng also wants to quietly acquire the iiiumina company by himself, he is sure that this is a god stock in the next ten years, and the current market value is only 370 million US dollars, even if he starts with 500 million US dollars, or 800 million US dollars, it is very reasonable to finally earn tens of billions of US dollars in market value.

This company is like this, the world's top fund sequencing instrument company, ten years later, don't even think about touching it.

It's a pity that Xu Teng can't do it, so he can only hope for Herbalife, anyway, half of the company's shares belong to the United States, at least it seems so.

In fact, in the United States, it is very difficult to disguise capital as American capital, and the various registration systems in Nevada are specialized in this kind of speculative business, avoiding various laws and regulations of the United States of America.

Of course, who doesn't have a lot of capital hidden in these states behind the members of Congress?

This is called sanctimonious law-based corruption and law-based tax evasion.

Who needs illegal bribes in the United States? Legal and reasonable bribery is sufficient.

Therefore, as long as the Xu family is willing, they can turn Herbalife into a purely American company in minutes, and finally only need a small lobbying investment to complete the acquisition.

If Xu Teng had a kind of direct donation of $10 million to the Clinton Fund, the Democratic congressmen would basically be able to do it, and there would be no need for all congressmen to vote, and the various committees within the Congress would be divided into corruption, and the high-tech affairs review committee would have only seven members, three for the Democrats, and four for the Republicans.

Just get these seven done, and the other senators each have a stall mixed with political donations, and they won't worry about other people's affairs, such as McCain's chairmanship of the Armed Affairs Committee, the fat of the fat difference, who has a lot of money in his hands, and specializes in exporting funds to other candidates below the Republican Party.

Therefore, who McCain supports to run for governor, senator, and president has a lot of say within the Republican Party, and this is the Republican bigwig.

Xu Teng consulted with several experts for this set of political and business operation mode, and he has roughly gained some eyebrows in the past two days, which is really complicated.

Basically, as long as Xu Teng can get the investment banks behind IIIUMINA to agree to the transfer, and then find a way to get the Science and Technology Affairs Review Committee to sign off and confirm that this is an internal merger of an American company, then there will be no problem.

On the contrary, he has to at least ask the Science and Technology Affairs Review Committee to sign and confirm that it is a merger and acquisition case of a British and American company, which is generally no problem, and it must still be a little troublesome, and there are too many legal provisions.

No one can figure out who will turn up which clause will stand in the way.

If it is found to be Chinese capital, then in a word, get out.

Of course, don't worry too much, there is no such thing as a traitor or a traitor to the United States, as long as you give money, we will help you become a conscientious enterprise in the United States in minutes.

This is the benefit of making a fortune in a low-key manner, and in the United States, no one knows what the Huayin system is.

Xu Teng held meetings in the Sunrise Building all day, secretly negotiated with five key members of Herbalife's board of directors during the day, and specially invited Louishoffman, a founding partner of the American law firm of O'Melveny & Myers, to consult Louishoffman, the founding partner of The-Shunfamliy's devil lawyer.

O'Melveny is one of the top ten law firms in the United States, with its main business concentrated in California, and the legal counsel of Apple, Google, Amazon, and Flix are all here.

Of course, they became the lawyer consultants of the Xu family, and they gradually went from the top 50 to the top 10.

The vast majority of the Shunfamliy's business is personally responsible for Louis lawyers, who are a little obscene, white and short, in their fifties, but his energy is really not small, and he is a professional lawyer in the financial category, and his means are very dark.

Xu Teng was able to meet with George W. Bush this time, and this Louis lawyer is the main driving force behind it, because the dozen or so companies that Louis is responsible for are important donors of the Republican Party.

O'Melveny & Myers is headquartered in San Jose, and Mr. Louis arrived directly by plane to meet with Xu Teng in the evening for a private conversation, and there was absolutely no problem with Xu Teng's request, but he suggested using the-shunfamliy's family trust in several tax havens in the United States to hold other private equity funds, and then use these private funds to control Herbalife.

Finally, he suggested that Mr. Xu and Xu's mother complete the procedures for immigrating to the UK as soon as possible, especially considering the scale of The-Shunfamliy's investment in Silicon Valley, it is no longer enough to have a British overseas citizen passport.

This is actually the first meeting between Xu Teng and the family lawyer Louishoffman, which is very strange, although this person's appearance is a bit obscene, Xu Teng has a sense of familiarity at first sight.

The nights in September in California are colder than in Jiangzhou.

Xu Teng didn't turn on the air conditioner, sat in the conference room and discussed various details with the traitor Louis's lawyer, confirmed that there were no more problems, and signed to authorize the traitor to be fully responsible.

This is a good comrade worthy of trust, a real customer first, a graduate of Yale University who can do anything for the sake of money, and has no patriotic feelings and temperance at all.

U.S. law firms often have all kinds of strange rules, and the characteristic of O'Melveny is that the Yale University law department is the head, from the founder to the trainee lawyers, basically Yale alumni, and occasionally Stanford University, just to deal with the investors in Silicon Valley.

Of course, Lawyer Louis's ancestors came from the Netherlands, and perhaps, his homeland in his heart was the Netherlands.

When he arrived in the United States, Xu Teng was able to understand the lawyer's various powers, from the registration of the-shunfamliy's funds to the equity adjustment of Herbalife, to the negotiation of the merger of IIIUMINA and Regeneron, and even the recruitment of headhunters, public relations lobbying, and political donations.

As long as the-shunfamliy believes in O'Melveny's work ethic, O'Melveny will do anything.

Grass.

After Xu Teng sent the Louis lawyer away, he scratched his head, and finally understood why the domestic lawyers were stumbling, if China became the United States, it would simply become their paradise, and they would make money every day.

He talked with Mr. Louis for one night, signed and authorized the operation, and the $600,000 consulting fee went into the other party's pocket, and if the merger was successful, the fee would increase to more than $4 million -- as long as the merger amount was lower than Xu Teng's expectations.

This money is so easy to make, no wonder people want to sell the country.

It was already 9:35 p.m., and after reading the profile of Ashley Rohn and the Ron family, Xu Teng finally made a decision, called in the conference room, and invited CEO Harvey Camille and Executive Director Ms. Ashley Rohn over.

The two of them hadn't gotten off work yet, because Xu Teng had greeted them beforehand.

When the two sat down, Xu Teng looked at them very frankly and shrugged, "Congratulations, President Camille, if the board of directors approves my proposal, you will become the chairman, and congratulations, Director Ron, you will also serve as CEO." I believe it was a perfect decision and I try to make both of you happy. In my family, our ethics determine one thing, we must always make our partners happy, because you are happy, so that we can sincerely cooperate with us to create brilliance and miracles. The-shunfamliy calls this a very old Chinese proverb, 1,200 years ago, one of the founding emperors of the Song Dynasty of China was falsely accused of treachery ......! ”

Xu Teng didn't need to check the information, he roughly remembered a little bit of foundation, and he was full of nonsense, free to play, and explained the meaning of "employing people without doubt, suspecting people without suspicion" and the Confucian law of etiquette, faith, sincerity and righteousness.

"In the history of China, the-shun is an ancient surname, originated in the Yin Shang era, the Shang, the oldest trading tribe, the Zhou Dynasty destroyed the Shang, divided its name in the six directions, the people who lived in the Jianghuai established the Xu State, and the descendants took Xu as the surname. The-shunfamliy is the descendant of Xu Guo, we like to do business, and pay attention to morality-oriented, courtesy, sincerity, courtesy, respect for the elderly and customers, faith, abide by contracts and agreements, sincerity, employment without doubt, righteousness, treat the employees and contributors of the company. ”

Xu Teng is a master of fooling, making up nonsense, fooling the two senior partners, "Herbalife belongs to the-shunfamliy, and it also belongs to you, my father and I will always trust you, you can manage the company in your own way, but I hope that you respect our ethics, never dismiss old employees, never ignore those who have contributed, perhaps, customers are more important than employees, but employees are our family." So, you are also relatives of the-shunfamliy, and I hope that such a statement is not presumptuous and disrespectful to the two of you. ”

"Chairman Xu, believe me, it's my honor." CEO Ashley Ron actually believed it, was grateful, and was amazed, completely reversing her view of the Chinese.

She believed it all, and Harvey Camille was certainly even more convinced.

No way.

Xu Teng is not only the little prince of the flickering world, but also a powerful actor with high cultural literacy, and is proficient in the little prince of the flickering world of Eastern and Western cultures.

"Okay, let's formally talk about Willner, Izumina and Regeneron, and I'm considering injecting $2 billion into Herbalife for the acquisition of the three companies." Xu Teng flickered for a round, and now he is ready to talk about the issue of shares, and the Xu family is responsible for capital contribution, of course, to expand the shares held in Herbalife.

Herbalife used to be controlled by Huayin and belonged to Boan Holdings, which is a half-foreign company in the United States.

In order to facilitate investment in the United States, Xu Teng is ready to completely change the shareholding structure of Herbalife, completely Xujia, hide under dozens of family trust funds, and invest in the American biotechnology industry in the name of American companies.

According to the existing market value of the increase of 2 billion US dollars, the Xu family's shareholding in Herbalife will be close to 3/4, and the remaining 1/4 of the shares are the Xu family with others to make a fortune, which is no way, without these Americans to cover, the Xu family has no chance to make money at all. (To be continued.) )