3 pm.

The Peninsula Hotel.

Li Dong saw the head of ABSA in Xiangjiang.

ABSA Bank, which has no business in the Mainland of China, has some business in Hong Kong and Macau, so it has offices here.

Few people in China know ABSA, the other party is not weak in South Africa, but in terms of overall strength, it is far inferior to several major state-owned banks in China.

In 2005, the British financial giant Barclays Bank bought 56.4% of ABSA's shares with 2.6 billion pounds. It can be seen that the overall value given by Barclays at that time was also 5 billion pounds and 50 billion yuan.

Of course, mergers and acquisitions in the industry can't be fully watched.

Some additional influences, sometimes beyond the influence of money, as a world-renowned financial institution, Barclays mergers and acquisitions, ABSA is not looking at pure funds.

In any case, ABSA's strength is not strong among its peers. This is an indisputable fact.

Prior to this, Teng Xun's market value was nearly 20 billion US dollars, and the other party's shareholding was 10.5%, worth more than 2 billion US dollars, which was even equivalent to one-third of the value of ABSA in 2005.

But in just a few days, Teng Xun's stock worth US $ 2 billion fell instantly by a third.

In a few days, ABSA lost more than $ 600 million!

Although it was only a loss on the books, I watched the money disappear, and even ICBC had a pain, let alone ABSA.

When Li Dong interviewed them in April, the response from ABSA was inconvenient.

Although optimistic about the distance, general investment institutions will not invest in two businesses with overlapping businesses, which does not meet their expectations.

At that time, even if PP raised money, they would not participate.

There is no reason to burn money on both sides and eventually let one side lose.

However, at the end of April, three days before the Hong Kong stock market closed, ABSA saw Teng Xun's stock price plunge in succession, and finally couldn't sit still.

At that time, their shareholding of Teng Xun was not actually subjective, but passive.

Their shares come from MIH's mortgage, or not MIH, but MIH's parent company Naspers.

However, in recent years, Teng Xun's stock price has risen fast, and because Naspers has not been redeemed, ABSA is also happy to continue to hold, and can also receive a lot of dividends.

And according to the original mortgage agreement, Naspers wanted to redeem before, and the price paid was not small.

Although Teng Xun's market value is good, the market value does not represent money. In fact, Naspers has no money to redeem this mortgaged share.

According to Teng Xun's continuing upward trend, maybe in a little while, Naspers may have the idea of ​​redemption, even if it pays some price.

However, with the emergence of the Teng Xun crisis, the stock price plummeted.

At this time, don't say that Naspers has no money, even if there is money, the other party will not be redeemed at this time.

ABSA has already seen this trend, and Naspers is very likely to choose to abandon the collateral. Once Teng Xun's stock price falls to the bottom, then ABSA will also suffer heavy losses together. This is not the result they want.

...

Hotel conference room.

Li Dong looked at the black people on the opposite side for the first time. This was the first time he had talked with black people about business.

Fortunately, the other party speaks Chinese very well, but it may have been a long time on the side of Xiangjiang, with a little bit of Cantonese in it.

The other party said for a long time, Li Dong waited for him to finish, and then smiled: "My idea is very simple, ABSA currently holds a lot of Teng Xun stocks, but seeing Teng Xun is about to finish, Naspers is almost impossible Redeemed.

In order not to let international friends lose, I like to do something urgent and just.

ABSA can now talk to Naspers about the redemption. If the other party is unwilling and gives up the right to redeem, then ABSA can handle this batch of shares according to its own ideas.

While Teng Xun's stock price has not fallen to the bottom, in fact, you can still make a lot of money.

Of course, after all, the shareholding ratio is not low, it is difficult for someone to enter the market at this time.

Everyone knows people, and I will not watch your stocks fall into your hands, no one will take the order, and finally follow Teng Xun together.

I give you two suggestions, you can think about it.

First, we reached an off-site agreement and we took over the shares, but the price would not be too high.

You can also talk to other organizations, but I think that at this time, the only one who really wants to take over is probably Teng Xun.

But they have no money. As a shareholder of Teng Xun, you should know better than me. I can almost guess how much Teng Xun paid.

According to the current market value, your shares are worth more than 9 billion Hong Kong dollars anyway, Teng Xun can give 5 billion Hong Kong dollars, that is to break through the sky, and this money will not be given now, you have to drag on.

It's unpleasant to say, to the end, are you sure they still have money to give? "

Speaking of this, Li Dong from the opposite side asked in a moment: "If Naspers gave up redemption and took over from a distance, what price can you give?"

"HK $ 2 billion."

As soon as Li Dong's words came out, the faces of the other people looked a little ugly.

HKD 2 billion!

Less than $ 300 million!

Before they continued, Li Dong laughed again: "Of course, this is just the first plan I said. In fact, to be honest, I didn't want to take over too much.

It is not Teng Xun that really gave me this price, but our distant mall.

You hold 10.5% of the shares in Teng Xun, which means that you indirectly hold 1.05% of the shares in the remote mall. My 2 billion Hong Kong dollars are mostly given to the value of the distant mall.

Of course, in this way, you will lose a lot.

No problem, I have a second plan.

Teng Xun's shares, you handle it yourself, there is only one way to deal with it, high-profile selling!

Repurchase, Teng Xun has no money, don't need to take care of them, you sell reasonably.

However, Teng Xun's stock price will definitely fall after a large sell-off. It is hard to say whether he can recover 2 billion Hong Kong dollars in the end.

In order to make up for your losses, after the remote PP financing is opened, you can finance PP at an ultra-low price! "

In Li Dong's impressions, Da Lao Hei is very silly and honest, but Da Lao Hei on the opposite side really did not give him this impression.

As soon as Li Dong's voice fell, the other party immediately asked: "PP financing, is it a single PP or includes your PP-related industries?

Yuanfang Entertainment Company, WeChat, video ... even Dongxing Entertainment ... "

Da Lao Hei is obviously not without any understanding of the distance, or that he did a lot of homework in advance.

Even Wan Wan cartoon was even mentioned in the end!

When he talked about Wan Huan, Li Dong gangstered: "Wan Wan is not included! In addition, Dong Xing is not our industry, just a partner, and will not be included!

For PP-related industries, please refer to Teng Xun. In addition, we have some of the materials we have provided to you.

WeChat is included. As an international bank, you should understand the meaning.

Once WeChat broke out completely on the mobile side, the effect was amazing.

This also laid the groundwork for our instant messaging hegemony and obtained the ticket for the mobile Internet era ahead of time.

In fact, the combination of these industrial chains in the distance is far beyond the value of Teng Xun. "

Da Lao Hei will soon arrive: "Wanhuan is not included, the PP industry does not have such a high value ..."

Li Dong frowned: "China's policy will not allow this, even if I think about it, I can't do it.

As for Tenpay, it is different from ours.

What's more, China will also introduce some policies one after another. It won't take long for Tenpay to change the system. Don't say that Teng Xun didn't mention it! "

When the third-party payment license was issued, Tenpay also obtained the license.

However, Xiao Ma did not kick out foreign capital directly like Ma Yun, but instead obtained a payment license by means of Teng Xun Holdings through some circumvention measures.

It can be changed sooner or later.

If it is not changed now, it will be changed next time.

In later generations, WeChat Pay is actually different from Tenpay, and the two are not a system.

Of course, to put it bluntly, in fact, some things are not for policy reasons, but they must not work. They can be circumvented by some legal means.

But why does Li Dong have to add a million cartoons!

Anyway, it means one thing, PP is PP, Wanhuan is Wanhuan, and the two are distinguished.

Although Da Lao Hei on the opposite side also knows this, he is still a bit disappointed. The PP industry, which does not include Wanhua, may also have great value, but the value is still greatly reduced after all.

Anyway, it is also a big group. It is not the first day to join Teng Xun. Who does not know how valuable the Internet payment system is among these giant Internet companies.

However, before this, the other party had also made this preparation, PP financing instead of Wancao financing, this point, Li Dong said very clearly, just mentioned, but there is only a ray of expectations.

Now Li Dong has clearly vetoed, and Da Lao Hei has no choice but to continue: "The specific financing plan for PP, from afar ..."

"The total share capital is 1 billion shares, of which 200 million shares are used for financing, with a planned financing of 3 billion US dollars!"

As soon as these words came out, the big old black opposite frowned.

Relatively speaking, Li Dong ’s quotation is not high, and the value of the 20% stake after financing is US $ 3 billion, and the US $ 3 billion will enter PP instead of being taken away by Li Dong.

Calculated, the current PP industry valuation is only about 12 billion US dollars.

For Li Dong, the black-hearted guy, it's a conscience price.

But at present, the other party has only started the first round of financing, and will definitely continue to finance later.

It has given such a high valuation even before it went public. How can you make money?

Even if it surpassed Teng Xun!

At the current stage, the addition of a WeChat account is not enough to make up for the loss of the divestiture of the payment system.

Teng Xun's previous market value was US $ 20 billion, but that was only after many years of listing.

Without listing, no one can say what the final result will be.

Is it really cost-effective to finance PP with a valuation of more than 10 billion US dollars?

Seeing Da Lao Hei frowned, Li Dong said lightly: "We have defeated Teng Xun, we are the unique overlord!

In addition, our various industries are only stronger than Teng Xun, plus my Li Dong's reputation, after a few years of PP listing, your minimum return rate is also above 500%!

Such an opportunity, only this time!

If you miss it, you will miss it. There are so many international investment banks. This time you will give ABSA a chance, but you wo n’t see it next time.

On fame, on influence, on strength, you are not enough!

In addition, although the planned 200 million share capital is added, ABSA has priority, but it is also limited. The total share capital cannot exceed 50 million shares.

I will explain this in advance.

50 million shares, 750 million US dollars, 5% shares after PP financing.

In the later period, even if we continue to raise funds, the financing share will not be too much. Even if you do not add any additional investment, the shareholding ratio will not be lower than 4% before the final listing.

After the last dilution of the IPO, until the listing, the shareholding ratio will not be less than 3%.

In my plan, once the new group formed by PP and its related industries goes public, it will eventually create unparalleled value and brilliance!

After removing Ten Thousand Cartoons, within five years, the market value of hundreds of billions of dollars will be the bottom. I'm sure.

At that time, the minimum value of the shares you held was also more than 3 billion US dollars. This is the minimum expected value. We can even sign a gambling agreement.

Regardless of whether we can meet this expectation, we will directly repurchase with 3 billion US dollars!

This is equivalent to giving you more than 2 billion dollars in vain. The only requirement is to sell Teng Xun's stock. It's a simple matter.

ABSA can be said to have had such a chance by chance, otherwise, you are not welcome, you are not qualified to talk about this with me.

Moreover, we also met MIH, two, we only need one.

MIH has more advantages than you, they hold more shares, even if I give them more than two billion US dollars, they are happy, do you believe it? "

Li Dong is extremely strong, as if giving the other party a big bargain.

More than 700 million U.S. dollars are now available. After a few years, after the listing, no matter how much the stock price is, they will use 3 billion U.S. dollars to buy back.

It's a big deal!

But more than 700 million US dollars, even if they invest themselves, plus inflation, the value will be more than 1 billion US dollars in a few years.

The Teng Xun stocks they previously held were worth more than $ 2 billion.

How much capital can I get back from selling a lot now?

Calculate carefully, in the end whether to earn or not, everyone has a steelyard.

But now it's still possible to maintain a balance of income and expenses, and can make Teng Xun's losses back.

If you do n’t agree, then as Li Dong said, they look for MIH, and the effect is better than them. The possibility of MIH agreeing is not without.

While Da Lao Hei was still calculating, Li Dong suddenly smiled and said, "Yes, I forgot to remind you that once we start negotiations with MIH, maybe they will choose to redeem your shares.

At that time, sorry, without Teng Xun shares in hand, then we have no basis for negotiation.

PP financing, this time will not add ABSA's list. "

As soon as these words came out, the faces of the other people were even more ugly.

In the face of some small companies and small businesses, if the other party raises money, then they must not be stubborn.

Fortunately, it is also a banking institution that manages hundreds of billions of assets. Its own assets may not be large, but its size is not too small.

However, in the face of the richest man in the world, a small bank that is not well-known does not necessarily get into Li Dong's eyes.

They don't necessarily have this opportunity to finance industries far away.

You can see the choices on Weibo. Almost all of them are internationally well-known organizations. How can they be like these people?

While they were still pondering, Li Dong looked at the time and said, "Sorry, I still have something to do.

In addition, at 8 pm I will meet with MIH people.

If the other party agrees, I can only say sorry for this meeting. I do n’t need too many partners. After all, the financing share is limited ... "

"Mr. Li!"

The old man on the opposite side is really indignant, this guy in front of him is really arrogant!

But after shouting, Da Lao Hei suddenly closed his mouth again, and the other party was eligible to run wild.

Barclays, ABSA's holding group, came to talk with Li Dong in person. Li Dong probably gave face-saving, but ABSA, Li Dong didn't give face-saving, so he didn't give face-saving.

Li Dong saw that he was quiet, and did not stimulate the other party.

In fact, he is not a stimulus, the previous words are true.

Once ABSA doesn't have Teng Xun's equity, he can't bring the other party to play, at least not at present, unless it involves African business in the future, it is almost the same when there is a need.

Whether ABSA can continue to control these shares depends on their own means.

Li Dong doesn't say it right now. Looking back, these shares were redeemed by Naspers. Then he naturally didn't need to send money to ABSA. Fools can do this kind of thing.

...

The person who sent ABSA away, Li Dong only gave the other day.

One day later, when the other party did not reply, he set his goal in MIH.

Li Dong even specifically said when the other party left: "If Naspers does not have funds to redeem the shares, I can actually provide some funds to international friends. I think, take my money and redeem the shares, Come earn me a while, some people may be happy to be right! "

As soon as this word came out ~ lightnovelpub.net ~ was a general.

If you do n’t do it, then Li Dong will do it through Naspers, and the possibility of Naspers agreeing is very high.

After they left, Bai Su couldn't help saying: "Zhang Li, is it really good to force them so?"

Although Li Dong was also strong in the past, he generally would not deliberately disparage the other party during negotiations. The other party is also an organization that manages hundreds of billions of assets. So, if he stimulates the other party, he is not afraid that the other party will fully support Teng Xun?

Hearing this, Li Dong shook his head and said: "No stimulation, you don't understand that Teng Xun's equity is actually not theirs. I don't stimulate stimulation, they thought they could bargain with me.

ABSA is not too stable here. The key is to look at Naspers. Whether it is MIH or Teng Xun's shares held by ABSA, in fact, after all, Naspers can take the lead.

Now that they are stimulating ABSA, maybe they can find a way to get Naspers.

We do not want to force Naspers to work. It is still useful for ABSA as a creditor to force them. "

Bai Su seemed to understand, but generally understood.

All in all, ABSA will work hard.

Because Teng Xun's shares were not directly held by them at this time, Teng Xun's stock price was even higher, which may be redeemed someday.

But this time, through the fall of Teng Xun's stock price, when Naspers didn't think about redemption, they used Teng Xun's shares in exchange for directly holding shares of distant PP.

Naspers are not tempted, ABSA will also be tempted.

If I really thought that more than two billion dollars would be so profitable, there would be no poor people in the world.

Li Dong despised a few words and stimulated a few words, what if he really needs money, who really cares about it.