Chapter 117 The God of Wealth in Hong Kong

After an evening of urgent consultations with his own top brass and finally Dick. Fude and his colleagues finalized a purchase plan to sell 220 million preferred shares at $18 per share and 30 million warrants to Buffett at an execution price of $22 per share. ≧ the top of the story, if the deal goes through, the Kaminmen Brothers will raise around $4 billion to $4.5 billion.

The price of the stock is about 20% higher than the market price, and the price of the warrant is 10% higher than the strike price of $20 per share offered by Warren Buffett. Follow Dick. According to the analysis of Fude and his colleagues, the price difference between the former is not big, as long as the news of Soros to the Karimon brothers comes out, the 20% difference can be wiped out quickly, but the increase is not as good as the former's warrants, although there is only a 10% increase, but because it involves whether to increase the issuance and future expectations, the two sides have to say that they have to fight with each other.

Anyway, Dick. Fude already has plenty of reasons to look forward to the future, and the Kaminari brothers' crisis will soon be resolved, and the name of the immortal bird will be preserved. In order to be able to finalize all the details, he was already in the early hours of the morning on his private jet from Nebraska to New York, where he would discuss all the details of the transaction with his team and lawyers and send them to Berkshire Hathaway by fax.

As for the Korean side, sorry, Dick. Fude is no longer interested.

And this qiē, including Herbert. McDaunt and other high-level Karemon Brothers executives didn't know, let alone Min Yusheng, they were still trying to make a deal.

The new deal is that the South Korean consortium does not want to take over any of the commercial and residential real estate owned by Kaminham, and the South Koreans are willing to take over most of the shares of Kahman.

If you don't take over the real estate investment of the Kaminari brothers, it is obvious that you want to completely strip this piece. Whether it is a sale or a long-term lease, in any case, this part of the asset will not be included in the list of transactions. It's easy to understand why Koreans are reluctant to get involved in real estate. The Kaminari brothers, for their part, were vehemently opposed at first, but soon the two sides agreed on this and began to sit down and negotiate the status of the offer.

"I've been authorized!"

Near noon, Min Yusheng walked into the conference room from outside the door. Confidently speaking to the people waiting inside, he said, "The Korea Exchange Commission has approved this transaction. Now, let's talk about the price. ”

Although it was already lunch time, no one mentioned yì to eat, and both parties understood that the negotiation had reached a critical time, and it was best to find out the other party's low price first, and then run the negotiation skills and strategies accordingly.

"At 1.25 times the book price, we will acquire 80% of the market shares."

After whispering in Korean with his side for a long time. Min Yusheng quoted a price that stunned the other party.

Originally, the Kaminari brothers were also exchanging opinions frequently, but after hearing Min Yusheng's offer, everyone was stunned, including Herbert. McDaunt, his face flashed with a hint of joy, and then nodded politely to Min Yusheng, and then continued to talk to the others in a low voice.

Yesterday's closing price of Kaminari Brothers was $15.57, a 25% premium. In the period of future closing, 80% of the shares may trade at a price of $20 to $25 per share. This price is enough to satisfy the Kaminari Brothers executives present. While this meant that they were completely excluded from the management of the new Reminmen Brothers, each of them was able to get hundreds of millions of dollars in cash to enjoy their retirement.

Suppressing the ecstasy in his heart, Herbert. McDart quickly exchanged views with several of the main characters, and then decided to accept the other party's offer, even omitting the counter-offer process. "Min, your price is quite reasonable, and we all agree in principle. But now there is a small detail, that is, I will report this condition to the chairman and wait for his approval. I believe that the problem is not very big. So be it. By seven o'clock in the evening, we were here to continue negotiations and hopefully by then we would be able to reach a deal. ”

The "absent person" finally played a role, and Jiang Shan, who was onlookers, thought silently, and then he saw two pairs of big hands clasped tightly together. He "chuckled" in his heart, knowing that this news must be notified to Zhong Shi as soon as possible.

Although Zhong Shi's intention of stuffing him into the negotiation team was not explicitly stated, Jiang Shan was very clear about his duty, which was to report every move that happened in the negotiation team to Zhong Shi. Although so far, Zhong Shi has only listened silently and never expressed his opinion on this, Jiang Shan knows that this is just the time has not come, maybe what is happening in front of him is that time.

"I see!" Zhong Shi on the other side of the phone was silent for a moment, and then said decisively, "Call Min Yusheng, and I'll talk to him." ”

Jiang Shan immediately realized that his boss was going to have a showdown with Min Yusheng.

"It's finally here!"

When Jiang Shan handed the phone to Min Yusheng, he realized that Zhong Shi was finally going to make a move. Before that, he had already guessed the reason why Zhong Shi had to put someone in the negotiation team, but he had always been lucky, but when this scene really happened, he still felt a little sad.

"Hello Mr. Zhong, I'm Min Yusheng." Min Yusheng's tone did not have the slightest emotion, and he was completely businesslike, "May I ask if you have anything?" ”

Completely different from the groveling tone before, there was still a bit of anger in Min Yusheng's emotionless tone. At this time and at that time, anyone who is sideways at such a time will feel very unhappy, let alone Min Yusheng, an ambitious upstart.

"I heard you're about to buy 80% of the Kaminari brothers?" Zhong Shi also suppressed his anger, in this era when few people in the financial industry dare not ignore his opinions, there are still people who dare to disobey their own opinions, which makes him feel very unhappy. But the problem is that the other party is a state-owned bank, and the South Korean government has the backing behind it, so when he faces Min Yusheng, he still has to weigh two or three, "I heard that this deal is about to be reached, and I came to congratulate you in advance." ”

As for Zhong Shi's attitude towards this deal, Min Yusheng's heart was like a mirror. He naturally replied to Zhong Shi's "congratulations" without being salty, and then asked with a straight face: "Mr. Zhong called specifically, not specifically to congratulate this matter, right?" ”

He naturally meant to have something to say, hang up the phone if he didn't have something to say, and don't waste his time.

Zhong Shi naturally heard his impatience, and replied lightly at the moment: "Since Mr. Min is so capable. Why don't you help me find a buyer and see if anyone is willing to take over my shares in Korea Development Bank! ”

"Are you threatening me?" Min Yusheng's pupils contracted suddenly, and then he was furious, "Zhong, are you threatening me?" Even if you shorted the shares of the Kaminari Brothers yourself, wouldn't we be allowed to buy them? ”

Maybe it was because he was too angry, or because he was so excited, Min Yusheng actually stammered, "You...... You're threatening this now...... You ......" to the end. He was speechless.

"Don't get excited." Zhong Shi on the other side of the phone calmed down, "Actually, I have long planned to reduce my investment in South Korea, but now is an opportunity." I'm not targeting Korea Development Bank alone, because this time I'm not only going to sell my stake in Korea Development Bank, but I'm also going to reduce my stake in Hana Finance. So please ask Mr. Min to find a buyer for me in the US market, because if I can't find a buyer, I will have to sell in the secondary market. ”

Min Yusheng's face became even more pale, like a blank piece of paper.

The so-called nonsense that "I have already reduced my investment in South Korea" is a pretext. Just by what Zhong Shi said later, "this is an opportunity", you know. The reason why he said this was that Zhong Shi still saved face for the other party. I don't want to tear my face completely. Zhong Shi knew that the other party would definitely be able to hear the meaning of his words, and Min Yusheng also cooperated to comprehend everything.

Jongseok owns a 5.6% stake in Korea Development Bank and a 3.1% stake in Hana Financial Group. He is the third largest shareholder of the former and the second largest shareholder of the latter, both of which hold significant positions in both companies. Once the news of his transfer of shares leaked out. I don't know what these two companies will fall into the market.

The most terrible thing is that Zhong Shi even did not hesitate to sell these stocks in the market, knowing that large stock transfers are generally to find a good buyer, and the two parties transfer at the agreed price. Of course, this price should refer to the market price, as happened to the Kaminari brothers today. But if Bell Stone is determined to take a gamble. Min Yusheng was helpless.

There is also a knock-on effect, and investors in the market will surely ask why Tianyu Fund chose to sell at this time, and then link them to the acquisition of Kamison Brothers. Originally, the market for these two companies would immediately become chaotic, and all kinds of rumors would rise in all directions, and to put it mildly, maybe the stock price would fall, and Yan zhòng's words might even endanger the survival of the two companies, which is by no means alarmist.

It was precisely because of these thoughts that Min Yusheng felt a headache. Originally, he knew Zhong Shi's opinion of the Kaminari brothers, and he also knew that his actions would definitely go against the other party's will, but he never imagined that the other party would use such a drastic way to stop this business.

What a rich and capricious!

Min Yusheng once again felt in a dilemma, although the phone had been hung up, he was still holding the phone in a daze. The other party didn't say anything more, obviously throwing the burden to himself. The reason why this business cannot be canceled lightly is that he has just reached a deal with the other party in the morning, and many people in South Korea are staring at this business to see what will happen to his first shot.

Jiang Shan silently took the phone, looking at Min Yusheng's eyes flickering all the time, and his face was gloomy as water, he knew that Zhong Shi must have said something important. However, when it comes to the heads of both sides, he is not qualified to know, so he can only put away his curiosity and continue to play the role of a bystander seriously.

What should I do, should I give in to Zhongshi's pressure, or resist this pressure and take advantage of this rare opportunity to buy the Kaminari brothers? For a while, Min Yusheng's heart was in turmoil, and he couldn't figure it out at all.

With this torment until seven o'clock in the evening, Min Yusheng experienced for the first time what it means to sit on pins and needles. Fude's timely appearance made this qiē easy to solve.

Dick back at Lehman headquarters. Fu Dezhi was complacent, and after formulating a specific transaction plan with a group of cronies, he sat back and waited for Buffett's feedback. Until Herbert. When McDart reported to him, he remembered that there was still a matter of negotiations with the Korea Development Bank, and just when he had time, he discussed with everyone for a while, and came to the meeting place for the first time.

The "absentee" arrived.

It's just that by this time, whether it's Herbert. It's not clear whether McDaunt or Min Yusheng is not clear, Dick. Fude didn't come to facilitate this business, he came to sabotage it, because he thought that with the support of the American God of Wealth, there was no longer a need for the Korean God of Wealth. But Dick. Fude didn't know that the current qiē was controlled and influenced by the Hong Kong God of Wealth and his "allies", and everyone, including him, was just a pawn. (To be continued......)

ps: Thank you book friends for not voting for my monthly pass last night! R527