Chapter 138 The feast is on the table
“Tell them that US$178 million is the final offer of the joint acquisition group. If they do not agree to the acquisition, the joint acquisition group will give up the acquisition!”< br>
Ning Wenke, who had been in France for nearly a month, faced another endless wrangling in the conference room, and finally couldn’t help but turn to Busquet, who was in charge of the investment banking department of Société Générale de France, who was responsible for assisting the acquisition. said.
The local snake business has existed since ancient times and will continue to exist in the future. If you want to acquire a company in France, you cannot do without the support of local local snakes in France.
This time, in order to acquire the Blanche Electrical Mall, Ning's Trading Company and Wanjia Foundation invited the investment banking team of Société Générale to serve as consultants to assist in the acquisition.
Société Générale de France is not only engaged in savings business. What it likes most is high-yield businesses such as stocks, bulks, and derivatives businesses. Of course, such as helping the Wanjia Foundation acquire local French companies, or helping French companies acquire overseas businesses, etc. This is also what the investment banking department of Industrial Bank likes to do, because it really makes money!
Inviting the Société Générale investment banking team to come is not for nothing. Regardless of whether the acquisition is successful, a large amount of US dollars will be paid as consulting service fees. If the acquisition is successful, the "consulting fee" will be Both will exceed $8 million.
And in the follow-up, if the acquisition is successful, the Vanjia Foundation will rename the Boulanger Electric City to Vanjia Electrical City. From then on, Vanjia Electrical City will deal with banks in France, such as salary payment, savings, etc. For loans, etc., and even if it is listed in France or Europe in the future, priority must be given to cooperation with Société Générale de France.
Of course, there is no wasted money in the world. Société Générale is responsible for assisting in the acquisition, which means that they must solve the legal affairs encountered in the acquisition, the pressure and obstacles from French municipal departments, etc., they will all be resolved by them.
Busque is a typical image of an old white man, wearing a decent custom-made suit and his silver hair is meticulously combed.
This is the first time that Busque has dealt with a consortium from Asia. Asian companies and investment institutions have been keen on running to America in recent years, including the major consortiums of Japan and Benzene in the past. America suffered a bruised head and a bloody nose, and then slowly turned to Europe, South America, Africa and other places.
In the past few days, he has been observing Ning Wenke. When he saw Ning Wenke's expression at this moment, he knew that this was almost a joint acquisition formed by Wanjia Foundation and Ning's Trading Company. The group’s final quote.
"Benson, the Mourier family has received enough returns from the Boulanger Electrical Appliances Mall, US$178 million, which is almost ten times the profit when they purchased Boulanger Electrical Appliances!" Busk said to said Benson, president of Browne Electrical Mart.
Benson is a member of France's top wealthy Mourier family. Boulanger Electric was acquired by the Mourier family a few years ago.
The Mourier family has been passed down for six generations now. Although it has declined, it has still stood up. France's second largest retail group Auchan, sports retail giant Decathlon, building materials group Leroy Merlin, and automobiles A large number of industries, such as chain repair cities and construction equipment rental groups, all belong to the Mourier family.
In France, it is said that someone spent one hundred francs, of which 11 francs were dedicated to the Mourier family. A large part of the French people's food, clothing, housing and transportation were contracted by the Mouriya family's industry.
However, it is true that the Mourier family is a wealthy family, but it is also famous for involution because there are too many people. The head of the Mourier family industry now is Gerald, but he is not Instead of holding the power alone, there is also a federation of eleven members of the Muriel family, who jointly take charge of the huge Muriel empire with him.
When encountering major events, Gerald also needs to discuss with the Mourier Family Federation. However, as the leader, Gerard has much more power than other members of the Mourier Family.
As for Benson in front of me, it is true that he is the president of Boulanger Electric, but within the Murize family, he is just one of the 250 people who manage the family industry.
The entire Mourye family has been multiplying for so many years and has already exceeded a thousand members. Coupled with the special system of the Mourye family, as long as you marry or marry a member of the Mourye family and have outstanding abilities, even if Members of the Mourier family have the right to inherit equity, which makes the size of the Mourier family continue to expand.
No matter how many industries and scale the Mourye family has, it is impossible to put all the more than a thousand Mourye family members on the management level. This will inevitably lead to involution. Only through Mourye family After an inspection by the Ye Family Federation, after undergoing rigorous training, and then...it will be necessary to wait for the members of the Mourye family who have already received the equity to retire, before the subsequent members of the Mourye family can regain their equity.
This has led to the fact that although the members of the Mourier family are all named Mourier, their treatment and living conditions are very different. Some members of the Mourier family, such as Gerald, are the most popular members in the world. The treatment of the top rich is like that. Some family members are still struggling for food and clothing, and only hope to enter the family industry and become management. Although they have the same surname and live in the same world, their lives are completely different.
Benson hesitated slightly after listening to Busque's words. The acquisition price of US$178 million is already quite high. His status within the Murize family is higher than that of those who have not yet entered the family industry. As far as the members are concerned, it is already much better, but compared to the core members of Gerrard, it is really nothing. The three major groups of Auchan, Decathlon and Leroy Merlin are the core industries of the Mourier family. Only by entering these three major groups can it be possible to climb to the top of the Mourier family's pyramid. As for Boulanger appliances, compared with these three major As a group, it is really not worth mentioning.
Busque's intention was very clear. He asked Benson to sell Boulanger Electrical Appliances at a high price, and then rely on his merits to mobilize other family businesses in Mourier to climb up and get more Mouriers. The Rie family's equity is the right way. What's the future for staying at Boulanger Electric? If you stay for the rest of your life, you will only be a marginal figure in the Mourier family, and you are not qualified to eat at the table...
No matter what he thought in his heart, Benson said, "This quotation is just the opinion of Ning's Trading Company. I wonder what the Wanjia Foundation thinks?!"
"The Wanjia Foundation has full authority Authorize me to handle this acquisition, and my decision represents the opinion of Wanjia Foundation!" Ning Wenke said in a deep voice.
Before entering the conference room to negotiate again this time, Ning Wenke had a phone call with Li Dongling. Li Dongling had also given the final purchase price. If Boulanger Electric disagreed, they would be prepared to acquire other electrical appliance chains. It is impossible for a company to hang itself on a crooked tree.
Listening to these words, Benson couldn't help but feel a bit envious. Ning Wen was so old that she was already qualified to decide on an acquisition of nearly 200 million US dollars, and he was already nearly 20 years old. He is forty years old and has never had such a large amount of money in his hands. If he is a core member of the Mourier family...
Benson can't help but think that he is probably dealing with Auchan now. The affairs of international giants like , Decathlon, and Leroy Merlin are all Fortune 500 companies in the world. The upper class and powerful people in Europe and America no longer need to stay here and deal with these gangs who came from nowhere. The Asian consortium came out to deal with it.
"185 million U.S. dollars!"
Benson quoted a price again. He made up his mind to sell Boulanger Electric City. With the huge amount of money from the sale, he went to claim credit from the Mourier Family Association, and then Climbing to a higher position, the higher the selling price of Browne Electrical Appliances, the more beneficial it will be for him.
After several more bargainings, it was finally decided to acquire Browne Electric Appliances wholly for US$180 million. This was the first huge external acquisition in mainland China. This purchase price was also discussed with Li Dongling. The purchase price negotiated by Ren Yuefeng and Hu Xian was within the acceptable purchase price range.
After signing and exchanging the agreement with Benson, Ning Wenke breathed a sigh of relief. The matter was finally reached!
Boulanger Electric was fully acquired, including 68 stores, management, staff, suppliers, etc., all belonging to the Wanjia Foundation. Donglin Hi-Tech has its own sales channel for the first time in Europe. , even compared with channel operators such as Metro, Carrefour, Wonder City, Media, and Saturn Electric City, Tanglin Hi-Tech's overseas sales channels are still very weak, but with it, it means that Tanglin Hi-Tech has a foothold. Land!
"Congratulations!"
Busque congratulated Ning Wenke with a gentlemanly demeanor. The completion of this acquisition means that he has earned a big deal for Société Générale. His year-end bonus this year, It will be much richer.
"Manager Wan, if you have the opportunity, maybe you can introduce me to the Wanjia Foundation. No, it should be called the holder of Wanjia Electric City now. We will definitely have more cooperation in the future. Opportunity!" Busk said to Ning Wenke.
Ning Wenke’s smile dropped, and she looked at Busque’s expression, as if she had seen through everything, “Mr. Busque, I don’t know what this means?!”
Hearing this, Busque didn't take it seriously. Over the years, he has been quite confident in his sense of smell in his professional field. Wanjia Electric City gave him the feeling of a hungry shark, although it is still It has just entered the European market, but Busque believes in his own judgment. This acquisition is by no means the end of Wanjia Electric City.
"It is enough to convey my words to that respected user. I believe that we will have opportunities to cooperate in the future!"
Busk glanced at his watch, "With Boulanger Electric The French Societe Generale Investment Bank will be responsible for solving legal and other city-related issues. In addition, I will continue to help Wanjia Electric City complete the acquisition of another 32 stores in France in accordance with the agreement! ”
……
Hanxi, Li Dongling, who was helping Wang Xiulan while flipping land in the small flower garden reserved in the courtyard of the Li family's new house, suddenly received a phone call.
(End of this chapter)