Chapter 291: Susanna's Attack
Today's negotiations are dominated by Susanna, and Duke is not good at bargaining at all, and was originally going to let the acquisition consultant take the lead in the negotiation strategy, because Duke's plan to play in London was interrupted by a sudden scandal, Duke had to suspend the negotiation strategy based on the acquisition consultant.
Because Suzanne took the initiative to ask Ying to complete this matter, the acquisition consultant suddenly became very depressed, originally Duke promised to negotiate a fifty-fifty share of the money negotiated with the acquisition consulting company on the basis of 600 million pounds, but now it is replaced by Susanna, the blonde beauty, this condition is naturally abandoned.
Although the takeover consultant will also receive a 1% transaction commission after the successful negotiations, which is higher than the usual 0.8% acquisition commission, mainly because Sauvaz was more urgent at the time, the takeover consultant can get more than the 600 million pounds saved, and according to his estimates, the price can be cut to at least 550 million pounds. This is much higher than the commission.
But there is no way to buy a consultant, after all, if you don't agree, you won't even have a 1% commission, which is millions of pounds of income, and a fool will refuse.
Suzanne got the detailed information about Hillington and the relevant M&A negotiation suggestions provided by the acquisition consultant, and quickly read through hundreds of pages of information, Suzanne deserved to be a figure of the year at MIT, and quickly sorted out the main points of less than two pages from these materials, and sat down at the negotiation table with confidence.
Facing gray-haired Joe. Ciel, Suzanne nodded, signaling for negotiations to begin.
After a brief exchange of pleasantries, the negotiations soon entered the bargaining period.
"Mr. Qiao, I don't know what you think about the purchase price?" Suzanne smiled and asked for an offer.
Joe. Hill looked at Susanna, and then looked at Duke on the other side again, and made sure that this was really the Duke who discovered the new properties of several rare metals, and he had seen Duke's article in the journal Materials Science, and of course the paper also had a photo of the author. Hill was still a little impressed.
Joe. Hill is an expert in researching materials, and he has some viewers of the current dynamics of the tech world, and of course knows that there is a great tech genius Duke in the tech world, or a limited number of super-rich people in the world.
Since his company is favored by such a person, then there must be something extraordinary about his company that he is not clear about, no matter what, Joe. Hill's appetite is no longer satisfied with Duke's original offer of £600 million, even though that price is already very good based on the price-to-earnings ratio of similar manufacturers.
But now that it has been confirmed that Dr. Duke, the wealthy God of Wealth, has taken a fancy to him, Joe. Hill felt that he should have a chance to get better returns.
"£700 million." Joe. Hill directly raised the price by £100 million.
This price couldn't help but make Duke's acquisition consultants a little stunned. Philip looked at Joe with some surprise. Hill glanced at it and thought to himself, boss, this is really a sky-high price for the lion's mouth.
Duke sat there, listening to the offer, also a little surprised. This is a bit far from the fair market value, Duke turned his head to look at Susanna, and found that Suzanne didn't feel anything at all, just smiled and looked at Joe. Hill. Wait for him to finish.
"£700 million, with Hillington's current sales, I think it's worth the price." Joe. Hill said.
"Really? Mr. Joe, you see there are two pieces of news here. Suzanne looked at Joe with a smirk. Hill, Jean Joe. Hill felt as if something was uneasy.
"One is that since August last year, Airbus aircraft orders have continued to decline, and it is said that the market share will be as simple as 20% in the next five years. On the other hand, Alstom's market share in power generation equipment has declined significantly, and it is expected that it may lose its position as a major supplier in the global power generation market in the coming years. ”
"Well, Mr. Qiao, you should have known these two news for a long time. For these two news, I don't know what Mr. Qiao thinks? Suzanne asked, smiling.
Joe. Hill, however, suddenly turned pale as if he had seen a poisonous snake.
"Mr. Joe has nothing to say? Let me tell you for Mr. Joe, for Rolls, whose main customer is Airbus. Royce, as an upstream supplier of Rolls, will reduce the shipment of aero engines due to the reduction of Airbus aircraft orders, and I think Hillington's sales will be reduced a lot as a result, does Mr. Qiao agree with this view? ”
"As for the decrease in the market share of Alstom's power generation equipment, I think the supply of raw materials for turbine power generation equipment will also be greatly affected, right? According to these two situations, since this year, Hillington's sales have entered a downward slope, if there is no new product launch, I think this year's sales of your company decreased by 20% is not unusual, right? ”
Listening to Susanna's slow and logical words, Joe. Hill couldn't help but have cold sweat on his forehead.
This has always been one of the biggest reasons why he is frustrated with the company's limited limitations, and the other reason is that the company has been unable to launch a new product that has made a big noise.
To develop a unique composite material requires not only a lot of investment, but also a certain amount of luck. Hill's own ability to develop the current lucrative composite material is the result of more than ten years of research. Now that I'm in my 50s, I don't know how long I can still work? In this case, Joe. Hill is inevitably a little frustrated with his career.
So see the right offer, Joe. Hill had the idea of selling Hillington.
"Well, even if the problem you just said is true, I don't think it's a big deal," Joe. Hill replied forcefully. "We'll find new customers."
"Well, even if these questions are for Joe. Mr. Hill is not a problem yet, so I believe that this new situation is very worthwhile for Joe. Mr. Hill paid attention. Suzanne continued.
"Rolls-Royce has secretly approached representatives of ICON Composites LLC in the United States, and it is believed that the price of ICON products is about 15 percent lower than Hillington, which now supplies Rolls-Royce blade materials." Suzanne continued to uncover the relevant information gathered by the acquisition consultants, and one by one they were thrown like bombs.
"Based on the above situation, I think the Hillington offer should be much lower than Mr. Joe's offer." Suzanne concluded.
"And how much does Miss Suzanne think would be the right price?" Johill asked in a low voice, he had lost his temper by the news Suzanne threw out one after another.
(The third update, for the tenth 888 of the book friend Beauty Jade, the reward is added!) Please collect, red ticket! )