Chapter 221: [Caught in Competition]
Monday, March 16.
Liang Botao hurriedly came to Lin Zuhui's office and put a newspaper in front of Lin Zuhui.
"The media reported that the Chen Jun family intends to put on the 'crocodile shirt', it seems that we are going to increase our competitors!"
Lin Zuhui calmly picked up the newspaper and read it, his face was not wavering, as if he was no longer so eager to get a 'crocodile shirt'.
Liang Botao nodded in his heart, this person already has a heroic posture in doing things. He knew that Lin Zuhui cared very much about the 'crocodile shirt', otherwise he would not have used all the shares of listed companies he held as collateral. To put it mildly, if something happens, Lin Zuhui will lose everything, and it will be difficult to get up again.
After a long time, Lin Zuhui put down the newspaper, and then said, "Who do you think our opponent will be?" ”
Liang Botao immediately said: "Lin Baixin of Lai Sun Group, their family has been acting as an agent of French crocodiles, and Lin Baixin herself has long expressed her love for 'crocodile shirts'. ”
Lin Zuhui nodded, with a relaxed smile on his face, and joked to Liang Botao: "You, the Chaoshan Gang, don't help the Chaoshan people this time, but you have to fight with Lin Baixin!" ”
Lin Baixin is the elder of the Chaoshan Gang, and Liang Botao is also the 'capital military advisor of the Chaoshan Gang', so Lin Zuhui has this saying.
Liang Botao responded: "It's not a fight, I suspect that Dr. Chen Jun deliberately released the news that their family intends to put the listing, and then led the two families to come to the bidding!" I didn't expect that Dr. Chen Jun's appetite was so big, and we quoted 20 yuan per share, which was a premium of more than 2 percent, and I was not satisfied! ”
Lin Zuhui nodded and said, "It must be the news released by the Chen Jun family!" It doesn't hurt to invite the two of us to participate in the bidding, the crocodile shirt is not my non-purchase. Of course, it's not so easy for Lin Baixin to snatch the crocodile shirt from me! To tell you the truth, my highest price is $22 per share! ”
Liang Botao was surprised, and then said: "This is more than 30% of the premium, and you still say that it is not your non-purchase." At this price, it is basically impossible for the Lin Baixin family to come out. ”
Lin Zuhui nodded and said, "I think so too!" No matter what it is, it depends on how the Chen Jun family plans to play, anyway, I will pay this price! ”
The Chen Jun family owns 73.5% of the crocodile shirt shares (listed companies, the founder only needs to meet the requirements of selling 25% of the shares to the public), and the total share capital of the crocodile shirt is 80 million shares. Therefore, according to the calculation of 22 yuan per share, it takes 1.29 billion to buy 73.5% of the shares in the hands of the Chen Jun family!
This price is the bid of the Lin Baixin family in the previous life in September!
Lin Zuhui guessed that the Chen Jun family at that time saw that the stock market was booming and the stock price of crocodile shirts rose to 2.2 billion, so they intended to put it on the market and sell it to the Lin Baixin family at a flat price.
Now, Lin Zuhui took the initiative to come to the door, the Chen Jun family is not stupid, it is impossible to sell it to him at a low price, even the premium of 20% is not satisfied, and deliberately released the news to lead the Lin Baixin family to come to the bidding.
Of course, it is also possible that the Chen Jun family thinks that the crocodile shirt is worth the price, after all, the company has more than 30 retail outlets, three factories, and an overseas sales network in the Crocodile Shirt Building in Central (divided into two phases, covering a small area of just over 6,000 square feet), and also has more than 30 retail outlets, three factories, and an overseas sales network on Hong Kong Island.
Of course, it can't be an auction-style bidding, Lin Zuhui and Lin Baixin will not be so stupid to participate, at most they will use bidding and bidding. The two families wrote the highest price in an envelope and then delivered it to the crocodile shirt's office, and Chen Jun then got the highest price.
Liang Botao finally said: "No matter what the bidding result is, do you talk to the banks about the loan first?" ”
Lin Zuhui nodded and said, "Well, I will pledge the shares of Wanhui Media and have paid off the loan (speculation refers to the remaining funds). Now I plan to borrow 1.3 billion yuan from various banks with the entire Wanhui Media's shareholding and part of the New Era Real Estate shareholding as collateral. Of course, this must be done in order for this deal to take effect. ”
Liang Botao reminded: "Recently, the Hang Seng Index has fallen to 2,700 points, what do you think of the market outlook, do you need to close some blue chip stocks?" ”
Lin Zuhui said confidently: "No, our buying point is below 1,800 points, and I am confident that this time it will be adjusted to the end of April at most, and it will rise again soon." ”
Liang Botao nodded, he just wanted to remind Lin Zuhui that the reason why you dare to borrow money to buy crocodile shirts is that the blue chips you invest in have made a lot of profits; If the stock market performance is very bad, Lin Zuhui's financial situation will be a little dangerous, after all, Lin Zuhui mortgaged his real hole cards - Wanhui Media and New Era Real Estate.
Fortunately, Lin Zuhui's buying point is below 1,800 points, and the current profit is almost 1.5 billion, so it doesn't matter if there is a small adjustment.
.......
Lin Baixin family.
Lin Baixin also urgently convened the 'old minister' Cao Guangyu, his sons Lin Jianyue, Lin Jianmin, etc., to discuss the purchase of crocodile shirts.
For crocodile shirts, Lin Baixin has long been eyeing them, but the Chen Jun family controls a full 73.5% of the shares, and they have no intention of putting it on the market, and no one can take it.
The crocodile shirt is the first Chinese brand to go to the world, and it is the pride of the Chinese nation.
"I heard that someone has already been in contact with the Chen Jun family, who do you think it is?"
Lin Jianyue immediately said: "I have inquired clearly, it seems that Liang Botao is in contact with the Chen Jun family. However, Liang Botao must be someone else's advisor, and it should be Lin Zuhui behind him! ”
Lin Baixin frowned, and said unhappily: "Isn't he fighting with the Kadoorie family?" How still have the energy and money to hit the idea of a crocodile shirt! ”
He was a little afraid of Lin Zuhui, not because he was afraid of how big Lin Zuhui's wealth was, but because he was afraid that Lin Zuhui would disrupt the market and bid chaotically; You must know that when Cathay Pacific City acquired Furama Hotel, it paid a premium of 80%, which stunned the Xiangjiang business community.
Lin Jianyue said: "I have played with him, he is the kind of person who likes premium buyouts and leveraged buyouts, and he is not afraid of borrowing money, as long as there are banks willing to borrow, he is not too much at all." ”
For a while, Lin Baixin also pondered how to make the acquisition successful!
Cao Guangyu, an old minister, said: "Who released the Chen Jun family to deliberately put it on the plate? If I'm not mistaken, it must be Dr. Chen Jun himself. Then, his purpose is to lure the boss to join the bidding. Therefore, we should go to the Chen Jun family to inquire about what the price offered by the other party is and then make a decision, or wait for the Chen Jun family's plan to bid for it! ”
Lin Baixin nodded and said, "Reasonable!" I'll come to my door to test the price myself! ”
.....
On Wednesday, Lin Zuhui, through his personal adviser Liang Botao, publicly announced that he was preparing to buy the 'crocodile shirt'.
For a while, Hong Kong and Kowloon were shaken again because of Lin Zuhui.
Before the end of the first quarter of 1987, the young chaebols were attacking the city everywhere, and their courage and skill were not as good as those of the older generation of chaebols. For a time, Lin Zuhui's reputation once again resounded in Xiangjiang, majestic.
Lin Zuhui took Liang Botao to visit Chen Jun, the head of the crocodile shirt.
Chen Jun is 70 years old this year and is commonly known as 'Dr. Chen Jun' because he received an honorary doctorate of laws from Andrea University in Michigan, which is one of his proudest things.
The reason why Chen Jun is willing to put a crocodile shirt is because he plans to invest and immigrate to Australia; There are also his two sons, neither of whom has any intention of dealing in crocodile shirts.
As soon as they met, Chen Jun said politely: "Sure enough, you are a hero and a teenager, and there are few business people in the world who have achieved such success at your age." ”
Lin Zuhui was stunned for a moment, he suddenly thought that he seemed to be really famous overseas, especially in the United States, the United Kingdom, etc., after all, he was too young, and he was self-made, so he would not be in trouble in the future, right?
"You're welcome! There are a lot of people who are more successful than me! I'm just adventurous! Lin Zuhui said with a smile.
Anyone who understands knows that whether it is Lin Zuhui or Lin Zuhui's company, they are all in debt, and there seems to be nothing to praise.
As for Lin Zuhui's personal cash wealth, it has basically not been circulated, even if it is this acquisition, everyone outside knows that Lin Zuhui is mortgaging the shares of Wanhui Media and New Era Real Estate.
"Haha, I won't comment on your leveraged buyout law, we're old anyway!"
After sitting for a long time, the two sides chatted briefly and went straight to the point.
Lin Zuhui asked, "Dr. Chen Jun, I heard that Lixin is also interested in buying crocodile shirts?" ”
This time, I came to determine how to bid, if the Chen Jun family was not greedy enough and wanted to engage in bidding; Or, after winning the bid, you immediately regret it, then everyone will not play with you, and the reputation of the Chen Jun family will be ruined.
Ranwen
"Yes, haven't you already heard the wind!" Chen Jun said with a smile.
Looking at the smiling tiger in front of him, Lin Zuhui was a little annoyed.
However, he still held his breath, so he said, "Yes." In that case, does Dr. Chen Jun plan to sell or not? Or how do you bid? Please give us an accurate answer, after all, my bank needs to be sure, and a lot of interest will be generated every day. ”
Chen Jun pretended to think: "This... Actually, Lin Sheng, you should understand that you took the initiative to come to the door to buy, and we had no intention of putting it on the market! However, since both of you are sincere, then I hope that the highest price will be won. If it's the same price, it's up to Lin Sheng to get it, because you're the first to come to the door to ask for it. ”
"How can the highest bidder get it?" Lin Zuhui persecuted further.
The longer it drags on, the more it is not good for you.
When Chen Jun saw Lin Zuhui's expression, he knew that if he deliberately let the two families raise the price again, one party might have to withdraw; And if one party withdraws, the other party may not be willing to pay a high price.
"So be it! On March 25th, the two of you handed over your offer envelope, and we determined the high price to obtain the right to buy. However, I am not very satisfied with your quotation, so the new quotation must be more than 20.5 yuan per share! ”
Lin Zuhui nodded and said directly: "Okay, we will participate on time at that time!" ”
The price in his heart is 22 yuan, but in fact, he will not quote 22 yuan, and it is estimated that he will quote 21.5 yuan at most. In other words, he made the highest bid of 1.26 billion yuan to buy 73.5% of the shares in the hands of the Chen Jun family.