The Son of Finance of the Great Age

Chapter 665: $9 Billion Big Check

  Chapter 665 Big check for nine billion dollars

  America side.

Since Stanley has done a full financial investigation before, Mitsubishi UFJ Financial Group even made several valuation models to evaluate the stock value of Stanley, so after Stanley provided the latest financial data, the negotiation of Mitsubishi UFJ Personnel soon had a preliminary acquisition amount.

   US$8.5 billion, a 15% premium over the current market price, to acquire 20% of Stanley's shares, including preferred shares and common shares.

Stanley naturally wanted to buy as high as possible, but because John Mark was eager for financing, he made a certain concession on the price. The two sides started uninterrupted negotiations on Saturday and Sunday, during which they kept changing Strategy, Stanley is eager to reach an agreement before the market opens on Monday.

   "How's it going, how's the talk going?"

  In his office overlooking downtown Manhattan, John Mark was half lying on the sofa chair and asked weakly. After a whole day of negotiations, he was so tired that he only had the strength to breathe, and it was difficult for him to even stand upright.

"The situation is not very good, the other party's attitude is very firm, it will not exceed 10 billion US dollars!" Chief Financial Officer Colm Kelleher frowned and replied, "It is really rare for the Japanese to be so tough. Now the gap between us It’s a bit big, and I have to say that the other party’s grasp of our internal situation is far beyond our expectations, which makes us lose the initiative.”

   "Don't worry, the Japanese will not give up negotiations easily!" John Mark smiled and comforted Colm Kelleher. But the sorrow locked between his brows did not decrease at all.

   "Why?" Colm Kelleher's curiosity was touched again. Originally, the Japanese appeared like heavenly soldiers, which made him suspicious. Now that John Mark said such things again, this made him more curious. Under the circumstances, he suddenly asked, "If this is really the case, wouldn't we be able to regain the initiative?"

"Alas..." John Mark sighed, his tone full of desperation and helplessness, "Things are a bit complicated, and cannot be explained in one or two sentences. But what is certain is that the Mitsubishi UFJ consortium can buy our shares, and It’s okay not to buy it. But we have to grab this straw or it’s game over.”

"Is that so?" Although he hasn't figured out what's going on, Colm Kelleher understands that Mitsubishi UFJ may be Stanley's last chance, "If this is the case, do we need to back down? Some? After all..."

   "There is no rush, as long as an agreement is reached before Monday, everything will be fine."

John Mark is a top elite in the American business world. Even in this situation, he still thinks about "taking chestnuts out of the fire", trying to maximize the benefits for his company, but his wishful thinking was quickly dismissed. market rumors.

   At six o'clock in the evening, rumors about Stanley spread in the market, and traders began to spread one gossip after another quickly.

   "Stanley is negotiating with an Asian consortium, but the negotiations are currently in a collapsed stage. It is said that the board of directors of the Asian consortium has rejected this transaction."

"Due to offending the Huaxia Consortium, according to sources close to the highest level of the Huaxia government, the Huaxia government is considering sanctioning Stanley, including canceling Stanley's operating license in the mainland, strictly investigating irregular business practices, and forcing the sale of Huaxia's investment. Company shares, etc.”

"John Mark has messed up everything. The Fed refused to rescue Stanley because they have too many internal bad debts. From the internal situation of the Fed, the Fed has no exact timetable for the exchange of Stanley's mortgage assets for cash, and the internal operating conditions of the other party Terrible, and the possibility of never lending cannot be ruled out."

   "After breaking up with the Huaxia Consortium, it is rumored that Stanley has been unable to find a buyer in the market, and his internal brokerage clients have frantically fled, and the cash flow has been unable to support until Monday."

  …

  Almost at the same time, all kinds of rumors suddenly appeared on the market and spread everywhere at the same speed as light. In just half an hour, these rumors spread from Manhattan to London, Tokyo, Hong Kong, and even Johannesburg in South Africa.

  Despite the time difference, driven by money that never sleeps, the trading market never stops, and traders are on call 24 hours a day. Although it is not the trading time for Stanley stock, the market is already filled with an extremely pessimistic atmosphere. Many traders have given up time and got up overnight to modify the model or place orders in advance, hoping to sell their hands in the first minute of the market opening. Stanley stock.

  The situation suddenly became critical.

   "What the **** is going on here?" John Mark, who was woken up urgently, was furious, "Why did the whole world lose order just after I rested for an hour?"

   "I don't know either!" Colm Kelleher was negotiating with the Japanese, and was called out of the meeting room urgently by the trader, and only then did he know that the world was in chaos. At this time, he didn't dare to make his own claim at all, and quickly woke up John Mark who had not been lying down for a long time, "According to the feedback from traders in London, our stock price in the dark pool has fallen by 15%, and there is still growing trend."

  The so-called dark pool transaction refers to a platform for anonymous matching of buyers and sellers for large stock transactions. This type of transaction generally involves institutions, the amount is huge, the buyer and the seller are anonymous, and the information is not disclosed to the public. Since the establishment of this platform, it has become the new favorite of institutions, and it has grown extremely rapidly in recent years. Because it is an over-the-counter transaction, no one knows how many stocks are traded in these dark pools, and no one knows how much money is involved, but someone has roughly estimated that these terrifying funds may occupy the entire stock trading volume in the United States. 10% of it.

  Because it is an OTC transaction, there is no such thing as transaction time. As long as someone is willing to buy and someone is willing to sell, the system will conduct worldwide matching within 24 hours a week. This also means that no matter when and where, there are buying and selling in this market. If calculated on average, at least 10% of Stanley's outstanding shares are in the dark pool, and to a certain extent, it affects the market. transactional.

Because Stanley itself has a dark pool trading system, it is easy to retrieve the corresponding stock transaction records from the log. When Colm Kelleher saw the relevant data, cold sweat broke out on his forehead. .

"There is another piece of news, which is particularly surprising!" Colm Kelleher continued, "The news says that we have a deal with an Asian consortium, and it is obvious that this Asian consortium will not be Huaxia Investment. So let's say that If so, the people who made our rumors probably knew that we were in contact with Mitsubishi UFJ, and the other party also said that their board of directors rejected the deal. It seems that they know more than us. If all this is true, I’m afraid We really..."

   "Come on, let's go to the negotiation room!"

  John Mark stood up and didn't stay for a moment. He didn't even have time to tidy up his crumpled suit, and went straight to the meeting room with Colm Kelleher.

  Taro Ishida is the highest person in charge of the Japanese negotiation this time. As the deputy general manager of the investment department of Mitsubishi UFJ, he is a middle-aged man in his forties and has always been the right-hand man of Yongyi Kedian. He is thin and thin, his face is as sharp as a knife and an axe. This is a tough guy with a firm will.

   "Mr. Ishida, I heard that your company's board of directors has rejected this transaction. Is this news true?" John Mark asked impatiently as soon as he entered the meeting room. This question is related to Stanley's life and death, and he must ask it clearly at the first time.

  He is very clear that Mitsubishi UFJ is looking at Zhongshi's face. Although he doesn't know why Mitsubishi UFJ sells Zhongshi's face, but a face worth tens of billions of dollars is absolutely unreliable. So even if Zhong Shi can't figure it out, it's not surprising.

  In his opinion, the current Stanley's life is indeed hanging by a thread, so that when he asked the question, his whole body was in a state of trembling slightly.

"Mr. John, you can rest assured about this. We are full of confidence in the transaction, and what you said has never happened." Ishida Taro said lightly, "I can assure you that our board of directors has given this transaction Adequate support."

   "That's good! That's good!" John Mark was terrified after patting his chest, "Since this is the case, let's continue negotiating. I'm really sorry."

  Due to the fear of long nights and dreams and the rapid deterioration of the external environment, in the ensuing negotiations, John Mark made substantial concessions, which made the negotiations extremely smooth. An hour later, the two parties reached an agreement quickly. Mitsubishi UFJ will acquire 20% of Stanley's shares at a price of US$9 billion, of which US$6 billion will be purchased for preferred shares and US$3 billion will be purchased for ordinary shares with voting rights. share.

  The agreement between the two parties was formally reached. John Mark and Taro Ishida, who had sufficient authorization, initialed the agreement on the documents produced by the lawyers of both parties. But soon another question popped up: how to pay?

  Because at this time, Japan's banking system is basically in a state of rest, and no bank's system can handle the transfer business of 9 billion US dollars. Stanley can't wait for the Bank of Japan to open on Monday. As a last resort, the two sides sat down and began to communicate on the payment method.

  The result of the final communication was that Mitsubishi UFJ issued a check with a denomination of 9 billion US dollars overnight and handed it over to Stanley's Tokyo department. As a result, the financial systems of both parties were quickly mobilized, and finally when the largest bank check in history was accepted by Stanley's Tokyo department, the transaction was finally settled.

   Stanley had a hard time escaping.

   Thanks to book friends 140824235809695, every day every day, Shihuangtian, Huang Tianlong, Jiangnan Liu Feiyan, Haotian-Invincible and other book friends who voted monthly! Thank you for your support, the author is very grateful~ Although there are many things to be busy, I will try my best to spare time to write a book at night~ I hope to see good results and more enthusiasm~

  

  

  (end of this chapter)