Chapter 599: I'll Give You a Chance
When he came to Osaka, Abel's main purpose was to negotiate with Kusuke Goshiro and others, and he wanted to get some control of the Osaka Stock Exchange.
In fact, in a few years, the Tokyo Stock Exchange and the Big Stock Exchange will merge. After the merger of the two, it will become one of the world's top three exchange groups, ranking third in the world after the New York Stock Exchange and the Nasdaq Stock Exchange.
They didn't have long to be the third in the world, and then the rapid rise of Huaxia made the neon people quickly fall to 5th and 6th in finance, and could only rank above Euronext and the London Stock Exchange in Europe.
And now in 2003, there is no doubt that neon's capital market and financial market are almost only below the United States, and even above London, the doppelganger of Wall Street.
It has a stronger real economy, a larger population, and a stronger economy, and is based on Asia, which is getting better and better.
In Neon's local financial market at this time, the market value of listed companies on the Orient Stock Exchange and the Stock Exchange combined is almost close to $7,000 billion.
Adding in the market capitalization of companies listed on the Nagoya Stock Exchange, it is more than $9 trillion.
This is not counting the futures, foreign exchange and other markets, if you count all the markets of other financial derivatives, the neon financial capital market at this time has definitely exceeded 12 trillion US dollars.
Although it still does not have the scale of the U.S. stock market at this time, it is after all the neon people's baba country, the strongest empire of mankind in history, and won the capital country of the red bear, and it is normal for the neon people to compare. But with the size of their financial capital at this time, they can also be proud of any country in the world except the United States.
Through complex cross-shareholdings, and a compromise exchange with the Mahogun, Abel now owns a portion of the New York Stock Exchange, just as much as the Nasdaq Stock Exchange.
Becoming a shareholder of these stock exchanges, even if the shareholding is relatively low, can be regarded as a real market maker behind it, and if you are unhappy, you can even pull out the network cable......
Now, I just seized this opportunity of the big certificate, and I added that others are in Asia.
So this night, came the first day of neon.
Abel took his think tanks and negotiated directly with the people of Kumasuke and the Osaka Stock Exchange.
In short, as descendants of Tomohiro Goyo, the father of Osaka's economy, the Osaka family controls about 35% of the shares of the Osaka Stock Exchange.
However, after World War II, the five generations of the family have been in a period of decline, and they have not risen a little bit until now.
With the passage of time, the legacy left by the five generations of friends is no longer enough to support the five generations of the family to continue to control so many large securities shares. More and more people in Kansai blame the five generations of Xiongsuke for occupying the pit and not being able to, and more and more voices are demanding that the five generations of the family give up the shares of the big certificate.
Under the pressure of reality, the five-generation family, who also knew that they were guilty, recently chose to compromise and began to look for a buyer for the shares of the big securities.
After learning the news, at first, it was only the big families in the Kansai region who were very excited and interested.
It was the Osaka Stock Exchange, the second largest neon stock exchange, with almost 80% of the size of the Tokyo Stock Exchange. Being able to control or even just influence the big securities means that it can have a certain degree of influence on Neon's financial capital market.
The key is that this kind of asset is guaranteed by drought and flood, and it belongs to the highest quality asset, as long as it is a wealthy family, there is no one who is not impressed.
If everyone doesn't covet it, the fifth-generation family, which is one of the wealthy families in Kansai, will not be forced to hand over its shares.
It's just that their current strength is no longer enough to maintain.
At first, it was like this, but then the news came out.
The bigwigs in Tokyo over there in Kanto stopped hearing it, saying that you Osaka is also neon, and everyone is a neon person, so why can't we join?
The Kanto Zhuhao also joined the competition for the original shares of these big certificates in the hands of the five generations of families.
This makes the stocks in the hands of the five generations of Xiong Jie more valuable, and at the same time, it also makes the pressure on the five generations of the family more and more.
It's not good for him to give these stocks to anyone. If he gives it to the Mitsui family, then the Mitsubishi Iwaki family may have an opinion. If he gave it to the Kanto people, his own people on the Kansai side would definitely not be able to spare him. If he leaves it to the Kansai people, then he won't want to go to Tokyo in the future.
In short, because it is so popular, it has become very difficult for Kusuke Godai to do.
And at this time, Wall Street and foreign financial capital, who learned that Kusuke Wudai wanted to sell the original shares of the big securities, were also involved.
Not only Wall Street, but also Germans, French, and British people on the European side are interested......
For these countries, and especially for Wall Street in the United States. The top and bottom of the neon are almost undefended, or rather difficult to defend.
The big certificate is not the East Certificate, and it is not as sensitive as the East Certificate. Even as a listed company, about 1/10 of its shares are held by foreign capital.
From this point of view, these powerful foreign capitals are indeed eligible to compete for these shares.
In the case of many competitors, it would be a good thing if the strength of the five generations of the family was enough, and they could sell the stock for a good price without offending anyone.
But this situation itself is not true, if the five generations of the family still have this kind of strength, then they will not sell the hot potato-like original shares of the big securities.
The strength is insufficient, the competitors are stronger than the other, and no one in the five generations of the family can afford to offend, so the situation becomes more and more troublesome and terrifying for the five generations of Kusuke.
Eventually, in the case of Abel who happened to have recently come to Asia in the case of South Korea next door.
The Mitsui family, who wants to get close to Abel, allows the Mitsui family to obtain one of the Imperial Super Great Moon Retreats.
They felt that instead of maybe not being able to rob other competitors, it was better to take the original shares of the big securities in the hands of these fifth-generation Xiong Jie as a gift from them to Abel.
For the Mitsui family, the largest shareholder of the Tokyo Stock Exchange, it is certainly a good thing to be able to get the original shares of the big securities. It doesn't hurt if you can't get it, because their influence in the country is already ingrained anyway.
Belong to the neon there, and they will be able to stay there. Compared with small interests, the current Mitsui family wants more overseas interests.
If you can use these original shares of the big certificate as a gift like a stepping stone, let Abel officially make the Mitsui family friendly and close.
This kind of thing that borrowing flowers to offer Buddha only needs to contribute and does not cost money, and the Mitsui family is naturally willing to do it.
Moreover, in this way, the Mitsui family itself can avoid competition with others, and Abel's identity can also discourage other competitors.
So after Mitsui communicated with the five generations of the family, Abel personally came to Osaka to negotiate with the five generations of Kusuke.
For these hot potatoes, the five generations of Xiongsuke may have been reluctant before, thinking that it was the glory of the family's ancestors, and if they were sold, they would be a loser.
After being tossed for a few months this time, Kusuke the fifth generation has long since lost such an idea, and the sooner he can get out, the better.
So the negotiation went very smoothly, one wanted to sell and the other wanted to buy, and there was a neon top chaebol like the Mitsui family in the middle as an intermediary. The 35.6% original shares of the stock held by the fifth-generation family were valued at US$3.7 billion and signed an agreement of intent, which will be transferred to Smith Capital (Neon) Investment Group.
Smith Capital (Neon) Investment Group, a wholly-owned neon subsidiary of Smith Financial Group, was established as early as two years ago.
Originally, the neon financial core asset of Da Zheng should not have sold so many shares to foreigners.
But it's neon, and the buyers are Wall Street bigwigs, America's top figures.
After the sale agreement is reported to Neon's regulators, there may be people who will object and then reject the deal.
If that's the case, the Tokyo District Public Prosecutor's Office will have a new job.
Who's called Neon isn't a normal country? It is difficult for most normal countries to veto the acquisition of Americans, let alone neon, which is abnormal.
As long as Abel is willing, it is obvious that the Mitsui family and the five generations of the family feel that he can make a compromise on the Tokyo side. At the same time, he can also make the vast majority of neon buyers die this time, after all, they really can't afford to mess with Abel Smith.
As for Wall Street and other foreign buyers, with the golden sign of Abel Smith, Kusuke Godai feels that he can not be afraid of them.
The negotiation process was pleasant and ended after about an hour.
As a representative of the Mitsui family, Mitsui Fuyuko participated in the whole process - in fact, it was just a witness or a mascot.
After the incident was over, it was just after seven o'clock in the evening. Kusuke Goshiro was very enthusiastic and wanted to invite Abel to dinner, but Abel refused.
He had a better arrangement, and Mitsui Fuyuko arranged it for him.
Don't think about it, it's a serious arrangement. After the negotiation with Kusuke Goshiro, Abel met Fuyuko Mitsui's father and uncle, the brothers Suki Mitsui and Takaki Mitsui, in the same place.
The two brothers look very similar, and in terms of Abel's aesthetics, they are both handsome old men in their fifties, not at all as obscene as the neon old men played on some TV.
This is actually normal, if they have bad genes, they can't give birth to a beautiful daughter like Mitsui Fuyuko.
At the same time as we meet, we are having dinner, and it is a neon kaiseki cuisine. Kaiseki cuisine was originally a meal that the host invited guests to taste during a neon tea ceremony. However, it is no longer limited to the tea ceremony, and has become another neon high-end food culture that has been successfully promoted by Neon.
"Kaiseki" refers to the meaning of the saint being brown and jade in Chinese culture. Its form is "one juice and three dishes" or "one juice and two dishes".
This thing is extremely exquisite, and it is more ceremonial than a serious French meal. Both the tableware and the presentation of food are very demanding. The portions of food are small and considered a work of art by some ignorant people.
High-end kaiseki cuisine is expensive, but the attention of this dinner is clearly not on the neon's top-notch kaiseki cuisine.
"I'm very grateful to the two of you for helping me get these shares on the Osaka Stock Exchange."
At the table, Abel sat cross-legged, with Edward, David, and Allen behind him.
He raised his glass, the glass was a neon sake glass, and across from him sat the Mitsui brothers and Mitsui Fuyuko.
"According to the rules of your banquet, I will toast you first."
The Mitsui brothers naturally didn't dare to shout, and took the first step to solve the sake in their wine glasses.
A glass of sake that Abel didn't feel like it tasted like anything went down, and he continued to laugh and groan:
"Okay, I'm done talking about the matter with Mr. Goshiro. Mr. Mitsui, isn't it time to talk about what happened between us? β
"That's great." Mitsui Takaki immediately responded with a smile.
His younger brother, Mitsui Fuyuko's father, Mitsui Suki, hurriedly added: "This is also what we want." β
Abel nodded, put down his glass, and tapped his fingers lightly on the wooden table made of neon hundred-year-old giant beech, a rare god-grade hardwood comparable to Huanghuali.
Dudu β
"First of all, I wonder if the strategic cooperation between Sony Columbia Music Entertainment and Sony Pictures Entertainment and Smith Media will have any positive effect."
He looked at the two Mitsui brothers, whose faces began to be shocked because of his words, and his voice continued:
"Sony has been cultivating the market in the United States for more than ten years, and the effect is - I think you know it. As for the reason, I think you can understand it too. β
The Mitsui brothers lowered their heads slightly and glanced at each other.
How can you not understand, isn't it just that you were deceived by Baba Country to take over, and after the successful takeover, there are still various restrictions openly and secretly?
At that time, Sony successfully acquired Columbia Pictures Group at a sky-high price of nearly $6 billion.
You must know that it was $6 billion in 1989, and the military spending of Red Bear was only $150 billion at that time.
In other words, Sony's acquisition of Colombia cost 4% of the Red Bear's military spending that year.
No matter how you look at it, this was a sky-high acquisition at that time, an outrageously expensive premium acquisition.
At that time, the neon conglomerates were almost all proud to enter the United States.
Neon people fantasize that what they can't get on the battlefield and in reality, can be obtained peacefully commercially by economic means.
However, the dog is still a dog after all, and the dog chain and the dog beating stick are there all day. No matter if the dog is Akita or some kind of mad dog, it cannot escape the control and punishment of the owner.
After a single operation, it is only a few years. The neon conglomerates were almost completely defeated, and almost all of what they ate the Americans vomited back. After more than ten years, only one Sony is still struggling to be bloodletted......
During this period, the Mitsui family didn't think about giving up, and they didn't want the $6 billion!
The Americans didn't give this opportunity at all, and when no one took over, the Mitsui family could only let Sony have unlimited blood transfusions to support Sony Colombia's gang.
Fortunately, Sony Music is making money, otherwise the Mitsui family would be depressed to death.
In parallel time and space, since taking over in 1989, Sony Columbia did not see profits for the first time until the successful filming of Spider-Man. However, as soon as the Spider-Man trilogy ended, Sony Columbia's profits began to cheat again.
If it weren't for the successful acquisition of MGM later, it is estimated that it would have been losing money.
In this time and space, Sony Columbia's luck was robbed - someone used very disgraceful and unfair means to snatch the IP copyright of Spider-Man from Sony Columbia.
MGM is also his now, and later he also suppressed the two Sonyes in the United States in an all-round way, which made the Mitsui family behind Sony extremely depressed.
But now the guy who caused all this is saying this kind of thing here.
If it weren't for the inferiority, the Mitsui brothers, who were looking at each other with their heads down, probably wanted to fight back and give him a little color to take a look.
Seeing that the two brothers did not speak, Abel chuckled.
"Haha-"
"Okay, I'll just get to the point." "Strategic cooperation doesn't really make much sense," he said. Americans don't recognize this, and for more than a decade they have identified "Columbia", "Sony", and "Sony Columbia" as "Neon Man Stuff". As long as these names are there, no matter who you work with, no matter how close your strategic cooperation is, it will be difficult to eliminate the discrimination and exclusion of you from all over the United States. β
"If you really want to integrate into the United States, at least let Sony Entertainment integrate into the United States, then there is only one way."
"This solution is to completely join Smith Media and exist as a subsidiary of Smith Media!"
The Mitsui brothers, who had always been quiet, heard Abel's very excessive approach, Mitsui Suki finally couldn't help but speak:
"Mr. Smith, is this the result of welcoming you to Neon and helping you in every way? We want to get kindness from you, but you give us something in return to steal us? Mr. Smith, do you think this is appropriate? β
Abel didn't care about Mitsui Suki's anger, he waved his hand and said:
"Listen to me! Smith Media certainly won't ask Sony to join empty-handed. We can use Sony's current market value to directly merge into Smith Media in exchange for the original shares of Smith Media of corresponding value. β
"Smith Media's current market capitalizationβ"
Speaking of this, Abel paused and looked at the three people behind him.
Allen, the chief consultant, immediately said softly: "As of the latest market capitalization, Smith Media is about $305.6 billion. β
"Did you hear that? Mr. Mitsui, the world's No. 1 entertainment company by market capitalization! β
Abel smiled and looked back at the Mitsui brothers, "To show my goodwill, Smith Media can accept the merger at 1.1 times the value of Sony Entertainment's market capitalization." And there are no restrictions on the sale of these shares. With the popularity of Smith Media in the market today, you can easily cash out these stocks. β
"What you say is true?" Mitsui Takaki suddenly spoke: "I mean the last condition, the exchanged Smith Media shares can be cashed out freely?" And this clause can be written in the transaction contract? β
Abel smiled and bowed his head, indicating that this was what he meant.
This time, the Mitsui brothers all raised their heads and showed some surprise.
For a long time, Sony has not actually thought about cashing out Sony Columbia.
Since they entered the pit in 1989, they have really been losing money and earning a sense of existence. It's just that because of the restrictions of the Americans, they can't even maintain their sense of existence.
Throughout Sony Colombia, 95% of the employees are Americans. The remaining 5% of employees are neon people, but none of them are able to hold important positions. From the chairman, the CEO, and the key managers of various departments, all of them are Americans...... Only some unimportant deputy positions can be used by neon people.
To say that Neon Man is the boss of Sony Columbia is not to say that Neon Man is wronged.
Except for the time when the loss required a blood transfusion from Sony's parent company, the neon people had some presence in it, and other times it was really only face.
In order to maintain this unavoidable face and hot potato, Sony has transfused tens of billions of dollars. Even if the family is as big as the Mitsui family, it can't afford this kind of bottomless pit.
But the neon people are not allowed to leave the scene over there...... Or the value given is outrageous, and Sony must bleed heavily if it really wants to go.
The Mitsui family has lost almost $20 billion in this business for more than ten years, how can they accept that they have lost all their money?
Now Abel has given them the opportunity to leave, and they also have a 10% premium, which really makes the Mitsui brothers a little excited.
(End of chapter)