000047 Roles
Now there are two things, the acquisition of the winery and the acquisition of shares, which need to be negotiated. The negotiation of the acquisition of shares is relatively easy, that is, the price issue, and when the negotiation is completed, it will be reported to the Securities and Exchange Commission, or the Securities and Exchange Commission. Therefore, the negotiation was entrusted to the Galder negotiation team that Phu Quoc has always recommended, and according to the Phu Quoc people, they are familiar with commercial law and specialize in negotiating services for clients.
Buying a winery is much more complicated, requiring finance, lawyers, notaries, accountants. There are also experts in geology, winemakers, laboratory tests, properties, vineyards, etc., who will examine all aspects of the winery.
Xiao Yifei definitely couldn't have formed such a professional team by himself, so he began to assign tasks.
The negotiation side is still left to Wells Fargo Galder, anyway, they have already done the assessment, it should be quick, and the stock negotiation is very simple, they can completely intervene in the winery negotiation after the stock negotiation is over
The experts needed for due diligence are called up by Sotheby Real Estate Agency, and they deal with these people all year round anyway. The lawyer is definitely A&A. The accountant chose KPMG's San Francisco office. It was chosen because it is one of the four largest accounting firms in the world, and because it is very close, less than 1 km walk from Market Street in front of the Four Seasons Hotel.
Now we only need to wait for Sotheby Real Estate's team of experts to find a good team to set off, so we can't blame Concubine Yue for their slow movements, mainly because Xiao Yifei proposed that among the experts, it is best to have a professor of wine and vineyards from the University of California, Davis. But they have been engaged in residential transactions, and the real estate appraisal and inspection experts have not said that they can do it with a phone call, but the experts in these two specialties need to contact and invite them now, which will inevitably slow down the time.
Jensen took Sotheby's two shareholders to San Francisco, and Xiao Yifei only set a premium cap, and then turned around and went to sign contracts with the people who bought the vineyard.
By the time the experts here are ready, the stock negotiations over there are almost over. Jensen and Gauld asked Xiao Yifei out.
"Shaw, are you going to be Sotheby's second largest shareholder?"
Ah, Xiao Yifei was dumbfounded, and hurriedly asked, "What do you mean?" ”
"Together, the two shareholders account for about 10% of the company's shares, and once you sign the contract, it means that you are the second largest shareholder of Sotheby, the first natural person shareholder, and you will inevitably enter the board of directors."
"No, it's only 80 million, how did it become the largest private shareholder?"
Jensen stopped talking. Gauld reminded him next to him: "Sosby's current market value is less than 700 million. ”
I'll go, it's too miserable, 3.7 billion fell to 700 million, no wonder Jensen didn't speak. He was also one of Southby's executives, and he was embarrassed to say that he was completely unresponsible for the situation he was in.
Xiao Yifei felt sorry for the No. 1 auction house, and said:
"That definitely can't be, so don't I have to register a few more companies to diversify my shareholdings?"
"If you don't want to be exposed, that's the only way to do it."
Xiao Yifei is going crazy, where is it so fast to register a company. Some people say that it will be very fast, as long as you go to the state government and note that there are no duplicate names. Please, that's the first step to complete the company registration, and there are still many steps and money to be paid. You only remarked that you didn't even have a tax number, do you think you really think the CSRC is a decoration? Even if you register urgently, it will take a week to get the company seal.
"We have a lot of small companies and small funds in our hands that we can sell to you."
Glaring at Galder, how can you all be so virtuous, you don't forget to sell your business at any time, you value money.
Jensen also said: "We at Southby also control some small companies, which are basically shell companies. ”
No wonder you came together, it was too much. But no matter what, you still have to buy it. Even if Sobies's small company is it, who knows what they have to do with the parent company, they will buy the rich country's.
Soon, KPMG and lawyer Ryan looked at the information and accounts of the shell company and determined that there were no debts and legal troubles, and Xiao Yifei bought 4 small companies for 300,000 yuan. The reason why it is so expensive is because these 4 small companies are in some small towns, but they still have their own office locations.
Of course, this shell company is not the shell company that buys the shell company and goes public, but the shell company formed by the mess, because in the United States, anyone who is at least 18 years old can register a company, and Wells Fargo is a bank, so it is not surprising that there are a large number of such companies in hand.
It was Fuguo who stepped forward and transferred these 4 small companies to Xiao Yifei's name as soon as possible, and then Xiao Yifei signed a contract with the two shareholders of Sotheby in the name of these 4 companies and reported to the Securities Regulatory Commission for approval, as long as they approved, Xiao Yifei officially became a shareholder of Sotheby. It's just that this shareholder hides behind many small companies.
Now Xiao Yifei can concentrate on acquiring the winery.
The convoy departed, passing through Napa and arriving at Calistoga. Xiao Yifei deliberately found a large local Solazi hot spring resort and chartered several holiday villas to provide accommodation, food and relaxation services for everyone.
After seeing Xiao Yifei transfer 40 million yuan to the account of the notary company, Bo and Xiao Yifei first signed a letter of intent to acquire, which has little legal effect, but only shows that the two parties have the sincerity to sit down and talk, and Xiao Yifei has been given 20 days of due diligence. The scope of this investigation usually includes: legal, financial, employee, tax audit, as well as multi-technical assessment of the vineyard, grape production, winemaking, real estate, etc., which can be said to investigate all the internal secrets of the winery.
Of all the experts, Professor Walker and Linda of the School of Wine at the University of California, Davis, had the hardest time, because they were in charge of the vineyard inspection. The Monterena winery has 7 vineyards, the largest of which is the Vineyard. The vineyard is shaped like a saxophone and is located just to the north of the estate. To the north of the vineyard is the only Kimbo Reservoir on the Napa River, to the west is the Napa River, and to the east is Highway 29, the artery of the Napa Valley.
The 115-acre vineyard is divided into more than 20 small plots. 83 acres of Cabernet Sauvignon, 20 acres of Zinfandel were planted, and the rest were Cabernet Flavong and Merlot. Most of the Cabernet Sauvignon was planted in 1973 and has been around for more than 30 years.
In addition, the estate is also located near Callistoga with "Barberis", "Vella" and "garnet".
creek" and 6 other vineyards, which are scattered throughout the Napa Valley. The farthest plot of "Hanna" planted with Chardonnay is located next to the city of Napa, a full 40 km from the winery. Another 55 acres of "drycreek" plots are leased, and this plot is also planted with this Chardonnay, which is located next to the "Hanna" plot.