Chapter 287: The Largest Acquisition

Preparations for the acquisition of Singularity are in full swing, and it is an extremely difficult test for Dream Group, which is now relatively weak in financial strength. Pen fun and pavilion www.biquge.info

As super giants, Baibao Group and Global Mall have incomparable financial advantages, and even Lemai Group has long been listed on the domestic stock market, and its financing ability far exceeds that of Dream Group.

If it weren't for Ye Haolong's efforts to acquire the Dragon Payment platform and get the reliable strategic partner of Tianding Financial Group, the financial situation of Dream Group may be even more tense now.

Funding is indeed a big problem on the head of Dream Group.

During this time, the senior management of Dream Group began to embark on a series of work to acquire Singularity, among which Li Dajiang rushed to the forefront, he led a business delegation to Jiangzhou City, the magic capital, visited the headquarters of Singularity, and had a two-day business exchange with the senior management of Singularity.

Overall, Singularity is open to acquisitions.

The long-term hegemon of the online literature industry, Singularity has always occupied a dominant position in the domestic online literature industry. However, with the rise of China's cultural industry, the major giants have also begun to focus on the big cake of online literature.

Behind these websites, most of them have the support of giant forces, but it is the current industry boss singularity, and there is no background of any giant forces.

After all, Singularity has a good reputation, and it is currently the boss in China, how can the second and third brothers who have some strength and background not covet this position.

In the current context of the surging Internet industry, not to mention these websites that only involve online literature, even e-commerce platforms that are several times larger than them have also fallen under the impact of capital predators.

It is no exaggeration to say that if the bigwigs in the Internet industry are happy one day, they can directly spend money to create a website about the scale of the singularity.

Due to the small size of the total plate and the rampant piracy, this is the general dilemma faced by literary websites at present.

After Li Dajiang led the Dream Group business delegation to visit Singularity, the senior management of Singularity immediately realized the intention of Li Dajiang and his entourage, and it seems that Dream Group is going to get involved in the Internet cultural industry.

The current singularity is also suffering from the lack of support from a large group background, although it still firmly occupies the position of the industry leader, but the few little brothers behind him who are constantly jumping have formed an increasingly obvious trend of forcing the palace.

Although these little brothers are not too threatening at present, they all have a large group background, which is the breakthrough for these large groups to get involved in the cultural industry.

So don't look at their current small size, and they don't occupy a lot of market share, but the funds on hand are even more abundant than the singularity.

In such a situation, if they launch a large-scale offensive, such as increasing their efforts to poach the great gods from the singularity, or generally improving the treatment of low-level online novel writers, then there may be a large wave of online literature at their disposal.

Such a crisis is like a sword hanging high, and Sun Minghui, the founder and CEO of Singularity, feels like walking on thin ice.

At present, Dream Group has come to Singularity with a high standard and expressed its intention to acquire as a whole, which is also a new opportunity for Singularity, and it has to make Lao Sun, who is struggling on thin ice, a little tempted.

Today's Dream Group, as a super dark horse in the domestic e-commerce industry, has grown rapidly in the current e-commerce turmoil, and has taken the lead in exploring overseas markets and becoming the first e-commerce group to go abroad.

Now the valuation of Dream Group is also rising, has reached about 50 billion, in today's Internet industry, although it cannot be regarded as the king of the world, it can also be regarded as the prince who dominates one side.

If you can join the Dream Group, then Singularity can be regarded as having a large group background, which is very beneficial to the company's competition in the future online literature industry.

After two days of negotiations, the two sides reached a preliminary intention that Singularity is willing to join Dream Group, but from the current valuation of Singularity, the transaction may be as high as 3.6 billion.

Although the valuation of today's Dream Group continues to increase, it is wealth on the books after all, and it cannot be turned into real money, so it is still very difficult for Dream Group to acquire Singularity as a whole.

This also made Ye Haolong sweat for the group's financing work, which was mainly handled by Chen Xianda of Long Payment.

After Chen Xianda's repeated coordination, Zhongtian Bank, a subsidiary of Tianding Financial Group, decided to make the first batch of loans of 1.5 billion yuan to Dream Group, and the second batch of loans was about 1 billion yuan.

These two batches of loans totaled about 2.5 billion yuan, which is already the largest support of Zhongtian Bank to Dream Group.

But there is still a gap of more than a billion, which is definitely not a small amount. At present, part of the group's liquidity can be offset, and the rest will be issued through the Dragon payment platform to raise money from the majority of users of Dream Group.

This can be said to be a large transaction of the Dream Group so far, when the acquisition of the Dragon payment platform, Ye Haolong only took a loan of more than 100 million, and he felt a little unbearable. Now it's a good thing, with a loan of more than 3 billion yuan all of a sudden, just paying interest is an astronomical amount every year, which will be a very big test for the financial situation of Dream Group.

At the headquarters of Dream Group, everyone also began to make a final analysis and judgment on the company's largest acquisition plan since its establishment.

In order to plan the analysis and judgment before the acquisition, during this time, the senior management of the dream group, including Ye Haolong, has been fighting for two weeks in a row, and everyone attaches great importance to this acquisition.

"Mr. Ye, judging from the current situation, the problem of raising funds is not too big, Zhongtian Bank's two batches of loans totaling 2.5 billion yuan will be approved immediately, as for the dragon payment platform, we have issued a wealth management product with crowdfunding nature, and it is expected that the total amount of 800 million will be sold out within 20 days." Chen Xianda's expression was a little serious, and he said, "After overall calculation, the total debt of our group will rise to about 180% of the annual profitability, and with the accumulation of debt, I am afraid that it will be very fast to break through the 200% warning line." ”

(To be continued.) )