402 sits in the United States

"How long will it take for HSBC to come up with the money." Chen Zhiwen asked again.

"Chen Sheng, what you need to buy Disney is in US dollars, so our loan is in US dollars?" Shen Bi asked rhetorically.

Chen Zhiwen shook his head and said: "I do need to use US dollars to buy Disney, but this loan, my collateral is a Hong Kong property, and it is also a transaction in Hong Kong, so I will only accept Hong Kong dollar loans, and when the Hong Kong dollars are in hand, I will go to the foreign exchange bureau to exchange US dollars, or through your HSBC."

This is mainly due to the fact that if I repay the loan in the future, it will be more convenient to use Hong Kong dollars. ”

In a few months, the Hong Kong dollar will face an unprecedented crisis, the exchange rate is like a note, at this time, if he takes out a loan in US dollars, it is a fool, in fact, he chose to take out a loan with HSBC, but also to reduce his own costs, 5 billion Hong Kong dollars of loans, after the arrival of the US dollar into US dollars, and wait for the Hong Kong dollar exchange rate to fall to the trough and then exchange it back, net 2 billion Hong Kong dollars to make a bottom, in this way, he can make 2 billion Hong Kong dollars (future exchange rate) for nothing, and the cost of his own acquisition of Disney can also be reduced by 250 million US dollars.

The reason why HSBC was chosen is actually because of the whole of Hong Kong, and HSBC has the ability to come up with such a large amount of money, and Standard Chartered is not likely to be able to do it, besides, Standard Chartered has a good relationship with him, and he does not need to pit his allies.

"It's okay, after all, it's a deal in Hong Kong." Shen Bi nodded and said.

In fact, he had roughly guessed that Chen Zhiwen was probably not optimistic about the exchange rate of the Hong Kong dollar, but it didn't matter, the fundamentals of Hong Kong's economy were still there, and the exchange rate would not fall much if it fell, and HSBC's deposits were Hong Kong dollars, and the loans were also Hong Kong dollars, so there would be no risk of foreign exchange fluctuations in this transaction, at most the Hong Kong dollar exchange rate would fall, which would lead to a proportional decline in profits.

And this transaction, to be able to participate, the benefits to HSBC is very great, not only to alleviate the current situation that HSBC has no loans, but also to take this opportunity to promote HSBC's reputation in the international financial market, how to say, the acquisition of Disney, is also a very large cross-border merger and acquisition, which is of great significance to the internationalization of HSBC.

"What about the interest side?" Chen Zhiwen asked again.

"Chen Sheng rest assured, in terms of interest, we HSBC will definitely give the most preferential interest, according to the current 9 percent, how about it?" Shen Bi asked, although the cooperation between banks and enterprises is basically negotiated by banks, but high-quality customers and sufficient collateral are the favorites of all banks, especially Chen Zhiwen, not only has sufficient assets, but also estimates the profitability of Yimei, and the ability to repay is even easier.

"Okay, I will arrange for Hutchison and Wharf to send some of the property information to HSBC headquarters, and we will evaluate the price together, and then negotiate the loan, this matter will be completed as soon as possible, I need to go to the United States immediately, when Disney can negotiate the acquisition or transaction funds, I am not sure." Chen Zhiwen said again.

The purpose of this time is to cash out a large amount of Hong Kong dollars before the Hong Kong dollar crisis appears, and the collateral is naturally more refreshing, all he needs to do is to borrow more Hong Kong dollars as soon as possible, and then convert the US dollar into Hong Kong dollars when the Hong Kong dollar crisis occurs.

In this process, the more dollars you have, the more you can do for Hong Kong's economy, which was about to collapse at that time, and at the same time you can make a profit.

"Okay, no problem." Shen Bi nodded, there is no risk of a loan, HSBC naturally can't ask for it, even if there was some contradiction with Chen Zhiwen, but in the face of business interests, everything is not a problem.

Soon, Hutchison and Wharf, who had been prepared for a long time, went to the HSBC headquarters with some of their own property information, and in the face of high-quality assets with little or no collateral, even in today's real estate crisis, it is also a very good bank loan collateral.

Chen Zhiwen also knew this, under normal logic, this cooperation could not be successful, Shen Bi would not have money, but he didn't know the Hong Kong dollar crisis behind, and at that time, it would be completely cheap Chen Zhiwen.

The only thing that needs to be done in Hong Kong is completed, Chen Zhiwen set off for the United States, such a large-scale acquisition, must need his boss to personally take charge, not to say that he has to stay in the United States before the acquisition, but some important decisions, requirements and meetings with some people, it is necessary to come forward in person, and other times can also return to Hong Kong.

However, if the negotiation is good and fast, it will be completed quickly, after all, the steps are very simple, as long as the seller agrees, and then the Ministry of Commerce can be done, that is, there may be many problems in this step.

With its own private jet, it is much more convenient to go anywhere, and the wide 747 makes its journey feel like being at home, without any fatigue, at most it is a little jet lag, but when the rest is in place along the way, it is actually only a day or two to get used to it.

As long as there are more than ten such incidents on the road a year, the plane bought for tens of millions of dollars is very cost-effective, and for Chen Zhiwen, who is worth tens of billions, it is absolutely cost-effective to buy time with money.

On April 5, Chen Zhiwen came to New York City, and Henry Morgan personally took people to the Hilton Hotel in New York City.

"When you proposed to buy Disney, Hilton Hotel wanted to befriend you, and entrusted me to bring you here, and the President Hotel is free to enter." Henry Morgan said with a smile.

"Oh, and what does the Hilton have to do with Disney?" Chen Zhiwen asked curiously, he can't say that he is not interested in the hotel industry, but he can't talk about much hobby, and it was just to let Hilton Hotel Group sell the management rights in Hong Kong to him, if he is interested in international hotel chains, he may take this opportunity to attack the entire Hilton.

Obviously, however, a hotel chain with a very limited future is far inferior to Costco, Best Buy, or Disney in the United States, unless many years later, when there is no place to invest in its own huge capital.

"Disney is also the most well-known entertainment company in the United States, and the average hotel chain actually needs some extra fame to promote itself, normal behavior, you don't have to care too much, you don't want to pay attention to them, it's just a hotel, you don't need to admit their affection." Henry Morgan said as he sat down.

"I'll pay for it myself." Chen Zhiwen shrugged and said, he didn't want to owe someone someone inexplicably.

"Let's get down to business, Disney's side, the White House side has verbally agreed, and we will inquire again, President Reagan's sense of belonging to Disney is not so strong, and some congressmen don't seem to care very much, but this is just a statement now, the United States and the two sessions like to dismantle the Taiwan most, if the time comes to formally submit the business acquisition letter, someone may come out to do the whole thing, but don't worry, as long as there is no problem in the procedure, at most it is to drag on some time and spend more energy and money." Henry Morgan said.

"What do Disney's board of directors and management say?" Chen Zhiwen asked, in fact, there is no need to think about it, when the final end comes, there will definitely be people on the side of the US government who will jump out and make trouble, this is not a contradiction with Chen Zhiwen, but for their own political future.

Opposing a controversial big acquisition, especially if one side is Disney and the other is foreign-owned, can give the person who comes forward a lot of exposure, and regardless of the outcome, he can gain fame, which makes it easier to run for more senior positions in the future.

This is the case with many of the routines in the United States, and the use of commercial events such as acquisitions is only one of them, and the most normal ones are environmental protection, war, charity, and so on.

"Disney's board of directors basically agrees, some of them have lost confidence in Disney, but it is difficult for major shareholders to cash out and leave, your acquisition is an opportunity, but these people have to look forward to Shu, maybe you are not low, and want more." Henry Morgan said: "As for the management, a lot of the members of the Disney family don't agree, and you know what they think, and once you get in Disney, they're going to leave. ”

"That's a must, it's a big deal to give them a compensation fee, and all the Disney family members have to leave." Chen Zhiwen nodded and said.

If it is an ordinary management, even if it is a waste, as long as it does not affect the acquisition plan, then Chen Zhiwen can stay, and it is a big deal to spend money to raise it for two years and then kick it away. But Disney's family is not good, in the company, these people have too much influence, and it can even be said that they are a certain spiritual pillar, and they will not be able to get absolute control if they stay in the company.

Although Disney itself will definitely not interfere more in the future, it will still be handed over to professional managers to manage, but it must be obedient, and it can be delegated, but it must be able to take it back, the entire Disney family does not know how deep the roots are within the company, and it must not be kept, otherwise it may not be big in the future and hinder some of Chen Zhiwen's plans.

"I understand you doing this, but I need to spend more time talking to them." Henry Morgan nodded and said, "You must know that their family is actually not short of money. ”

"If you refuse to leave, I can only take a large share of the equity first, and then deprive them of their management rights, but in this case, there will be some trouble in the future, and it is better to negotiate peace as much as possible." Chen Zhiwen frowned and said, how to deal with the original family when acquiring such a big family business is indeed a headache, and many acquisitions are also stuck here.

"Then I can only propose that if the Disney family does not withdraw from the company, this acquisition will be abandoned, anyway, we have not started on a large scale at present, and you will only lose tens of millions of dollars on your side, which is also a drop in the bucket for you." Henry Morgan said.

(End of chapter)