Chapter 616 Hong Kong God of Wealth

After negotiating urgently with his senior management for one night, Dick Foud and his colleagues finally determined an acquisition plan, selling 220 million preferred shares at a price of US$18 per share, and at an execution price of US$22 per share Sold 30 million warrants to Buffett. If the deal goes through, Lehman Brothers will raise around $4 billion to $4.5 billion.

  The stock price is about 20% higher than the market price, while the warrant price is 10% higher than Buffett's $20 per share execution price. According to the analysis of Dick Foud and his colleagues, the price difference of the former is not much different. As soon as the news about Soros and Raymond Brothers comes out, the 20% price difference will be smoothed out quickly, but the increase is not as high as that of the former warrants. , although there is only a 10% increase, but because it involves whether to issue additional shares and future expectations, the two sides may have to fight with each other.

  No matter what, Dick Foud already has enough reasons to look forward to the future. The crisis of the Raymond Brothers will soon be resolved, and the name of Phoenix will be preserved. In order to finalize all the details as soon as possible, he can't wait to get on his private jet in the early hours of the morning and fly directly from Nebraska to New York, where he will discuss all the transaction details with his team and lawyers , and then faxed to Berkshire Hathaway.

   As for South Korea, sorry, Dick Foud is no longer interested.

   All of this, including Herbert McDart, the senior management of Leimen Brothers did not know, let alone Min Yusheng, they are still working hard to reach a deal.

  The new transaction plan is: the Korean consortium does not want to take over any commercial real estate and residential real estate owned by Lehman Brothers. In addition, the Korean side is willing to take over most of the shares of Leihman Brothers.

   Not taking over the real estate investment of Leimen Brothers, it is obvious that they want to completely divest this part, whether it is for sale or long-term lease, in short, this part of the assets will not be included in the list of transactions. It is easy to understand that Koreans are unwilling to get involved in the quagmire of real estate. Leimen Brothers strongly opposed it at first, but soon the two sides reached an agreement on this and began to sit down and discuss the quotation.

   "I've been authorized!"

  Near noon, Min Yusheng walked into the meeting room from the door, and confidently said to the people waiting in it, "The Korea Trade Commission has approved this transaction. Now, let's discuss the price issue."

  Although it is already lunch time, no one proposed to go to dinner. Both parties understand that the negotiation has reached a critical moment. At this time, it is best to find out the low price of the other party first, and then use negotiation skills and strategies accordingly.

   "1.25 times the book price, we will acquire 80% of the market shares."

   After whispering with his side in Korean for a long time, Min Yusheng reported a price that made the other side stunned.

Originally, the Leimen brothers were also exchanging opinions frequently, but after hearing Min Yusheng's quotation, everyone was stunned, including Herbert McDart. Seeing Min Yusheng nodded, he continued to whisper with other people.

  Yesterday, the closing price of Raymond Brothers was US$15.57. According to a 25% premium, 80% of the shares may be traded at a price of US$20 to US$25 per share during the period when the transaction is completed in the future. This price is enough to satisfy the senior executives of Leimen Brothers here. Although it means that they are completely excluded from the management of the new Leimen Brothers, each of them can get hundreds of millions of dollars in cash to enjoy themselves retirement life.

Suppressing the ecstasy in his heart, Herbert McDart quickly exchanged opinions with several major figures, and then decided to accept the other party's offer, even omitting the process of counter-offering, "Min, your price Quite reasonable, we all agree in principle. But now there is still a small detail, that is, I have to report this condition to the chairman, waiting for his approval. I believe the problem will not be big. Let's do it, until seven o'clock in the evening , we continue to negotiate here and hopefully we will be able to close a deal by then."

   "Alibi" finally played a role, Jiang Shan, who was watching, thought silently, and then he saw two pairs of big hands tightly clenched together. He felt a "thump" in his heart, knowing that Zhong Shi must be notified of the news as soon as possible.

   Although Zhong Shi didn't express his intention to put him in the negotiating team, Jiang Shan was very clear about his duty, which was to report to Zhong Shi every move that happened in the negotiating team. Although so far, Zhong Shi just listened silently and never expressed his opinion on this, but Jiang Shan knew that this was just not the right time, and perhaps what happened before him was that time.

   "I see!" Zhong Shi on the other side of the phone was silent for a moment, and then said decisively, "Call Min Yusheng, and I'll talk to him."

  Jiangshan immediately realized that his boss was going to have a showdown with Min Yusheng.

"finally come!"

  When Jiang Shan delivered the mobile phone to Min Yusheng, he realized that Zhong Shi was finally going to make a move. Before that, he had long guessed why Zhong Shi had to put people in the negotiation team, but he had always been lucky, but when this scene actually happened, he still felt a little sad.

   "Mr. Zhong, hello, I'm Min Yusheng." Min Yusheng's tone was completely businesslike, without the slightest emotion, "May I ask you anything?"

  Completely different from the groveling tone before, Min Yusheng's emotionless tone contained a hint of anger. At this time and at that time, anyone would feel very uncomfortable being stepped in at this time, let alone Min Yusheng, an ambitious upstart.

"I heard that you are about to acquire 80% of the shares of Leimen Brothers?" Zhong Shi also suppressed his anger. In this era when few people in the financial industry dare not ignore his opinions, there are still people who dare to go against their own opinions. This made him very unhappy. But the problem is that the other party is a state-owned bank with the backing of the South Korean government, so when facing Min Yusheng, I still have to weigh two or three things, "I heard that the deal will be concluded soon, and I'm here to congratulate you in advance."

Regarding Zhong Shi's attitude towards this transaction, Min Yusheng was like a mirror in his heart. He naturally replied to Zhong Shi's "congratulations" in a non-salty way, and then asked seriously: "Mr. Zhong specially called, It’s not just for congratulations, is it?”

   Naturally, what he meant was that if you have something to say, hang up the phone if you have nothing to say, so as not to waste his time.

  Zhong Shi naturally heard his impatience, and immediately replied lightly: "Since you are so capable, Mr. Min, why don't you help me find a buyer, and see if anyone is willing to take over the shares of Korea Development Bank that I have in hand!"

"Are you threatening me?" Min Yusheng's pupils shrank suddenly, and then he flew into a rage, "Zhong, are you threatening me? Just short the shares of Leimen Brothers yourself, don't you allow us to buy them?" ?"

  Maybe it was because he was too angry, or because he was so excited, Min Yusheng stammered, "You...you are threatening...you..." At the end, he was speechless.

"Don't get excited." Zhong Shi on the other side of the phone calmed down, "Actually, I have long planned to reduce my investment in South Korea, but now is an opportunity. I am not targeting the Korea Development Bank, because this time I not only To sell the shares of Korea Development Bank, the shares of Hana Financial will also be reduced. So please Mr. Min to find a buyer for me in the US market, because if I can’t find a buyer, I will have to sell it in the secondary market gone."

  Min Yusheng's complexion became extremely pale, like a blank sheet of paper.

  The so-called nonsense that "the Korean investment has been reduced for a long time" is an excuse when you hear it, and you know it based on "this time is an opportunity" that Zhong Shi said later. The reason why he said this is that Zhong Shi still saved face for the other party, and didn't want to tear his face completely. Zhong Shi knew that the other party would definitely be able to hear the meaning of his words, and Min Yusheng also comprehended all of them cooperatively.

   Jongseok owns 5.6% of Korea Development Bank and 3.1% of Hana Financial Group. He is the third largest shareholder of the former and the second largest shareholder of the latter, both of which hold pivotal positions in the two companies. Once the news of his transfer of shares is leaked, it is unknown what will happen to the two companies in the market.

  The most terrible thing is that Zhong Shi even sold these stocks in the market. It must be known that large-scale stock transfers usually find a good buyer, and the two parties transfer them at an agreed price. Of course, this price should refer to the market price, just like what happened to Leimen Brothers today. But if Zhong Shi decides to put all his eggs in one basket, Min Yusheng has nothing to do.

   There is also a chain reaction brought about. Investors in the market will definitely ask why Tianyu Fund chose to sell at this time, and then link them with the acquisition of Leimen Brothers. Originally, the market about these two companies would immediately become chaotic, and various rumors would spread everywhere. To put it lightly, the stock price may drop, and if it is serious, it may even endanger the survival of the two companies. This is by no means alarmist.

   It was because of thinking of these that Min Yusheng felt a headache. Originally, he knew Zhong Shi's views on the Leimen Brothers, and he also knew that his actions would definitely go against the other party's wishes, but he never thought that the other party would use such a drastic method to stop this business.

   How rich and willful!

   Min Yusheng once again felt in a dilemma. Although the phone had been hung up, he was still holding the phone in a daze. The other party didn't say anything more, obviously throwing the burden on himself. The reason why this business cannot be canceled easily is that I have just reached a transaction intention with the other party in the morning, and many people in Korea are watching this business to see what will happen with his first move.

  Jiang Shan answered the phone silently, seeing Min Yusheng's flickering eyes and gloomy face, he knew that Zhong Shi must have said something important. However, it was related to the leaders of both sides, and he was not qualified to know, so he could only put away his curiosity and continue to play the role of a bystander seriously.

  What should we do? Should we succumb to the pressure of Zhongshi, or resist this pressure and take advantage of this rare opportunity to acquire Leimen Brothers? For a while, Min Yusheng's heart was in such a mess that he couldn't make up his mind at all.

  Bringing this torment until seven o'clock in the evening, Min Yusheng experienced for the first time what it means to be on pins and needles, but Dick Foud's timely appearance made it all go away.

  Dick Fude, who returned to the Lehman headquarters, was full of ambition. After drawing up a specific transaction plan with a group of cronies, he waited for Buffett's feedback. It wasn't until Herbert McDart reported to him that he didn't remember that he was still negotiating with the Development Bank of Korea. He happened to have time, so he discussed with everyone for a while and came to the meeting place for the first time.

   "The Alien" has arrived.

It's just that at this time, neither Herbert McDart nor Min Yusheng knew that Dick Foud didn't come to facilitate this business, he came to destroy it, because he thought he had With the support of the American God of Wealth, the Korean God of Wealth is no longer needed. But Dick Foud didn't know that everything was controlled and influenced by the Hong Kong God of Wealth and his "allies". Everyone, including him, was just a pawn.

   Thank you book friends, it wasn’t me who voted for the monthly ticket last night!

  

  

  (end of this chapter)