Chapter 430: I'm All Out!
Fang Ping almost subconsciously glanced at Xu Dewen and Duan Huimin, and it happened that the two of them also looked over, and smiled meaningfully at him, with a hint of understanding in their hearts, knowing that Duan Huimin was waiting for him outside just now, and they didn't tell Mr. Lin and the three of them.
Thinking about it, he nodded imperceptibly, and then said happily to Mr. Lin and the three of them: "If Mr. Lin has anything to say, they are all members of a chamber of commerce, and if they can help, I will definitely help!" ”
Mr. Lin and the three of them were overjoyed, although Fang Ping was too young, and they were not as old as their sons, they had to admit that Fang Ping's ability was terrifying.
The Internet company created has only been in a short period of more than a year, and both its scale and influence far exceed the more than ten years or decades of the group behind them.
The most important thing is that Fang Ping is too rich.
Although their group companies have assets of tens of billions, most of them are real estate, with fixed output value, and there is not much cash flow that can really be used. Fang Ping is different, not only is the company in charge worth tens of billions of dollars, but also has a lot of cash flow.
Even the cash flow is so large that it is more than enough to buy their company.
And their business happens to need funds.
With Fang Ping's words, they are more confident in acquiring Vale's shares.
Thinking about it, Mr. Lin held back his joy and said with words: "Mr. Fang, you are so refreshing, I won't hide it from you." The difficulties encountered by the Lin family this time were mainly financial difficulties, and the amount was very large! ”
"How?" Fang Ping pretended not to know and asked rhetorically.
Mr. Lin hurriedly said: "That's the case, this time our Lin family is ready to acquire 25% of the shares of Vale, one of the three giants of Australian iron ore..."
As he spoke, he described in detail the origin of 25 percent of Vale's shares.
Only then did Fang Ping know that the reason why the Lin family had such an opportunity to acquire 25% of Vale's shares was a lot of luck.
The transfer of 25 percent of Vale's shares happens to be a long-term partner of the Lin family with a background in a small consortium in the United States.
Because of the other party's business mistakes, resulting in a large number of losses, a large amount of funds are needed to fill the gap.
So much so that the other party had to sell the Vale shares in his hands for the sake of the main business.
It just so happened that the Lin family wanted to revive the family again, and after learning the news, they contacted the other party as soon as possible, playing the emotional card, and paying a great price, and promised to buy the shares of Vale in the other party's hands at a premium of 20%.
only to barely get the opportunity to acquire.
The point is barely obtained.
According to Mr. Lin's description, although the other party has a relationship with the Lin family, Vale has always been the main force in the domestic iron ore game, and the Mitsui consortium plays an extremely important role in it.
So the other party didn't want to offend the Mitsui Foundation because of this matter.
In the end, if it weren't for the Lin family's ruin, paying a lot of price, and promising to buy at a premium, otherwise they wouldn't even have the opportunity to acquire.
After a long moment, after Mr. Lin finished speaking, Fang Ping muttered: "How much money is there to acquire 25% of Vale's shares?" ”
"This..."At the mention of this, Mr. Lin was embarrassed.
Zhang Lu and Su Lin lowered their heads even more shamefully.
Fang Ping raised his eyebrows and said tentatively: "What?" A lot of money difference? ”
"What, not a lot, a lot!"
Mr. Lin glanced at Fang Ping embarrassedly, he wanted Xu Dewen to speak instead of him, but before he could speak, Xu Dewen had already shook his head and refused, so he had to grit his teeth and say: "The highest market value of Vale this year has exceeded 35 billion US dollars. ”
"To acquire 25 percent of the other party's shares, it will cost at least 8.75 billion US dollars, a premium of 20 percent, and an additional 1.75 billion US dollars."
"Overall, at least 10.5 billion US dollars will be needed. This is still under the condition that the Mitsui consortium will not maliciously compete. ”
"Lao Lin's Xinlin Group, my Huijin Group, and Lao Su's Sanjin Mining have joined forces, and even if they count the loans, they have barely raised four billion US dollars, which is nearly 6.5 billion US dollars short of the acquisition amount!" Zhang Lu of Huijin Group took over the conversation.
To be honest, if it weren't for the opportunity to acquire Vale, the opportunity would be too rare, and the tangible and intangible benefits would be too great. He didn't dare to get in if he was killed.
The reason is simple, Vale is too valuable.
The overall market value is more than five times that of his Huijin Group.
Even the 25 percent of the shares to be acquired are worth more than his Huijin Group.
Fang Ping was stunned for a moment, and said with some surprise: "Is Vale's market value so low?" ”
Does he know that Vale has a large amount of iron ore minerals in Australia, and has the upper hand in the iron ore game. Every year, hundreds of billions of RMB are swept away from China.
It is thought that Vale's market value is at least $50 billion.
And when he saw Vale's news in later generations, Vale's market value had reached more than $60 billion.
Unexpectedly, in the current era, Vale's market value is only more than 30 billion US dollars, which is more than double the more than 60 billion US dollars in later generations.
In other words, at this time period, the acquisition of Vale's shares with a market value of more than 30 billion US dollars, not to mention the other impacts, is to make more than double the profits.
Mr. Lin and the others looked at each other, speechless for a while, no, do you have any misunderstanding about the low market value?
Is Vale low in market cap?
That's more than 30 billion, and it's still a beautiful knife.
Converted, it is more than 200 billion RMB!
Thinking about it, when they think of the Internet companies in charge of Fang Ping, the worst YY has a valuation of more than 20 billion US dollars, and the best future technology has a valuation of more than 90 billion US dollars.
And that's just the valuation, not the listing.
Once listed, the market value will increase several times.
In comparison, Vale's share price seems to be a bit low.
It's just this low....
Mr. Lin and the three of them were hit hard, if it weren't for Yu Fangping, they really wanted to throw their faces and leave, Nima, I couldn't talk anymore this day, it was too shocking.
"Ahem, Vale's stock price is not low, it's just not comparable to your pervert!"
Mr. Lin and the three of them had scruples and didn't say anything, but Xu Dewen on the side didn't have so many scruples, and he didn't have a good temperament.
Fang Ping touched his nose, embarrassed to continue to dwell on this topic, and diverted the topic: "By the way, I heard Mr. Zhang just say that part of the five billion dollars you made up is a loan?" ”
"Yes!"
Mr. Lin nodded, and added with some embarrassment: "Mr. Fang, you also know that we are all engaged in the traditional entity industry, and it seems that we have a lot of assets, but most of them are fixed assets, and the cash flow is very small!" ”
"Relying on the cash flow of our three groups alone, we can't make up 5 billion US dollars!"
"Of the five billion dollars, how much is your loan portion?" Of course, Fang Ping knew what Mr. Lin said, thought about it, and said.
Su Lin of Sanjin Mining on the side replied: "About one-third of them are loans, and each loan amount is about the same, with more than 5 billion RMB. ”
"More than 5 billion RMB? This loan amount is not low! Fang Ping nodded thoughtfully.
Lin's Xinlin Group and other three groups have assets of almost 50 or 60 billion RMB.
Each company has more than 5 billion loans, which is equivalent to one-tenth of the total assets of each family.
It seems that the loan amount is not much, but in fact, this loan belongs to the loan of the three groups such as Lin and the other three groups.
If you look at it as a whole, with the more than 5 billion loans and the liquidity they siphon out, then the three groups such as the Lin family can already be regarded as high-risk groups.
A slight difference, bankruptcy is close at hand.
Mr. Lin and the three of them glanced at each other and said with a wry smile: "The loan amount is a lot, but the opportunity is too rare, if you don't gamble, you will regret it for life." ”
"By the way, why don't you look for Mr. Ye?"
Fang Ping could understand the thoughts of Mr. Lin and the three of them very well, smiled, suddenly remembered something, and said with some curiosity: "The Huatou Fund in charge of Mr. Ye has a lot of money!" ”
"It's more than 10 billion US dollars, and it can be taken out in minutes!"
"I'll answer this question for Mr. Lin." Xu Dewen interjected on the side: "I didn't let them find Mr. Ye, first, Mr. Ye's Huatou Fund is a national fund, and it can't stimulate the nerves of Vale too much." ”
"Second, Mr. Ye's identity as the eldest lady of the Ye family."
Fang Ping understood in seconds, indeed, once Mr. Lin and others found Ye Lingshan, whether they took money from China Investment Fund or from the Ye family, they would release the identity of the national brand capital to participate in the acquisition of Vale.
This is unacceptable to all Vale shareholders.
After all, Vale is still engaged in an iron ore game with the domestic steel industry.
In the game, if the shares of your own company are acquired by the enemy, can you still win? And how much profit will be lost?
On the contrary, although Vale's shareholders are resistant, they are not so strong because of their confidence in their own strength.
First, Mr. Lin and other private capital have not acquired many shares, and the right to speak is still in their hands. Second, the capital of Mr. Lin and other private capital is not thick, and it is easy to fall into trouble after making a large amount of money for the acquisition.
At that time, maybe Mr. Lin and the others will not even be busy with their own problems, how can they have extra thoughts and interfere in the internal affairs of Vale!
"Mr. Fang, that's the general situation, how much can you sell here?"
Just thinking about it, Mr. Lin couldn't help but ask what was in his heart, and finally didn't forget to add: "Of course, if Mr. Fang is short of funds, it doesn't matter." Let's think of something else! ”
Although he knew that Fang Ping was very rich, the amount of difference in the acquisition of Vale was too great.
That's 6.5 billion US dollars.
Converted, it is almost nearly 50 billion RMB.
Such a large sum of money, anyone who listens to it will be worried.
And Fang Ping is rich, but his money is not blown by the wind, is he willing to use such a large sum of money, and using such a large sum of money, will it have other effects on his liquidity.
None of this is known.
Of course, he didn't expect Fang Ping to come out with all of it, and he could take out half of it, more than three billion US dollars.
It's all done them a lot.
The difficulty of getting them to solve the remaining funds is greatly reduced.
Fang Ping waved his hand and said: "Funds are not a problem, the difference of 6.5 billion US dollars, I will give it all!" ”
"Really !!"
Mr. Lin and others were overjoyed.
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