Chapter 502 Conditions
“Mr. Lauder, Hongmeng is not short of money after financing, and Vivendi is also a shareholder of Hongmeng, so we can easily reach an agreement. The only thing we need to worry about is the Ministry of Justice .
Goldman Sachs can help us in this regard, as can Merrill Lynch, Morgan Stanley, and Citigroup.
By the way, Morgan Stanley is also a shareholder of Hongmeng, holding 6.34% of the shares, so you guys. It’s not the only option, it’s just to ensure a smoother acquisition.
If Goldman Sachs is not willing, we can also go to Merrill Lynch, and they can also provide a lot of help,” Xu Liang said directly.
Tij Lord fell silent.
What the other party said was not wrong.
Morgan Stanley is no less powerful than Goldman Sachs in the financial and political circles. Hongmeng has cooperated with Morgan Stanley for many years. Of course, it is more willing to help in the acquisition of Global.
Merrill Lynch started cooperating with Xu Liang when he was not yet prosperous. Now Merrill Lynch has invested nearly 500 million US dollars in Hanhua, and the relationship is close.
On the contrary, because of some previous sordidness, Goldman Sachs not only failed to establish a cooperative relationship with the other party, but instead became an enemy.
Although Xu Liang actively recovered after his huge victory in his long oil investment, the time was too short.
If it were him, he wouldn't give Goldman Sachs too good conditions.
But understanding is understanding, and the butt determines the head.
He must fight for the conditions that should be fought for.
“Mr. Xu, we must at least get the same share as Morgan Stanley.”
Xu Liang smiled lightly, "I can promise you, and I can even let Goldman Sachs serve as a consultant to acquire Universal Pictures, but you must also agree to me on one condition."
"Mr. Xu, please speak."
"Underwriting US$5 billion of corporate bonds for Hongmeng Company, with an annual interest rate of 5% for five years."
Tiger Laude frowned, "It is no problem to underwrite corporate bonds, but the interest rate is too high Low, Hongmeng is not a listed company. If the interest rate is not attractive, it will be difficult for anyone to buy it.
Of course, if Mr. Xu is willing to turn corporate bonds into convertible bonds, I believe many people will be interested. .”
Convertible bonds are corporate bonds that can be converted into shares within a certain period of time according to agreed conditions.
Of course Xu Liang would not allow his shares to be diluted again, so he just shook his head.
“If we issue convertible bonds, I won’t have to ask you Goldman Sachs to come forward. Any investment bank can sell Hongmeng’s convertible bonds.”
“Mr. Xu ...."
Xu Liang interrupted him with his hands, "Mr. Lauder, there is no need to say any more. My conditions have been made very clear. If you agree, we can continue talking. If you don't agree, Goldman Sachs will already become a shareholder of Hongmeng, but how much equity you can get depends on whether you are willing to spend money
Okay, after talking so much about work, I’m also hungry. Let’s eat first.
Anyway, Mr. Lauder will stay in the capital for a long time, so we still have plenty of time to continue chatting. "
Tiger Lauder nodded. He also needed time to communicate with the headquarters.
After eating, Xu Liang went home.
Just now After passing the middle courtyard, I heard bursts of laughter coming from the backyard.
Walk over and take a look.
In front of the backyard, in the small square next to the lotus pond, his parents, Jiang Xiaoyang and Xu Meng were chatting.
“What are you talking about, so happy?”
“Back.”
Jiang Xiaoyang got up and walked over.
Wearing a blue and white striped T-shirt and a pale pink knee-length skirt, the tall beauty with long hair shawl exudes a graceful and elegant temperament.
This kind of nobility that can only be cultivated by a top family is also what aroused his desire to conquer in the first place.
After nodding towards Jiang Xiaoyang, he didn’t wait for him to speak again.
"Brother, we were just talking about how when you were in the fourth grade of elementary school, you led a group of children to steal apples and were chased three streets by a dog in the orchard."
Hearing this, the corners of Xu Liang's mouth drooped instantly.
This was one of the few scandals he did as a child.
If my parents weren't here, I would have to teach this girl a lesson.
"Liangzi, why are you back so late today?" Wang Lingxiang asked reproachfully.
“I had an appointment with a business partner for dinner, so I came back a little late.”
“Come back earlier next time, don’t let Xiaoyang wait for you.”
"Auntie, it's okay. Business is important."
"Look at how sensible Xiaoyang is, and then look at you."
Faced with my mother's eyes, Xu Liang could only smile and agree. .
Now, in her heart, her son is just a tool to carry on the family line, and her daughter-in-law is the focus.
After Xu Liang sat down and chatted for a while, seeing that it was getting late, Jiang Xiaoyang also said goodbye.
Wang Lingxiang arranged a job as a driver for her son.
On the way home.
“Are you going to let Fengshou Agriculture purchase Xiyu Tunhe?”
“Qiu Mingcheng told you?”
After Jiang Xiaoyang nodded, “Although Xiyu Tunhe is good, But it’s not as good as New Dream. You even plan to sell New Dream to Hanhua, so why are you planning to acquire Xiyu Tunhe?”
"It's very simple. The returns from agriculture are relatively stable."
Jiang Xiaoyang suddenly asked, "Are you going to include Harvest Agriculture in Hongyan?"
She is very clear about Xu Liang's development strategy for Hongyan Fund. , the Liu family fund that focuses on stability.
But now Hongyan Fund has many high-risk technology assets, but the only stable assets are Taihua Real Estate and Sanwei Mining, which is far behind.
“Yeah.”
Xu Liang responded.
“But there are too many people in the country, and although there are plenty of land resources, they are less divided. If you want to develop the agricultural industry in the country, it is difficult to do it on a large scale. However, agriculture is a large-scale enterprise, and profits are low. Without enough scale, you can’t make much money,” Jiang Xiaoyang said.
“I know. It is indeed difficult to get large pieces of land east of the Hu Huanyong Line, but there are large pieces of land in the west, but the development cost is slightly more expensive.”
He has read information about Tunhe in the Western Region. Half of the land under their control is water-saving agriculture reclaimed from the desert.
"The high cost means you can't grow ordinary food crops, but cash crops mean risks." Jiang Xiaoyang said.
"I know, but it depends on man-made things. You can't stop eating because of the risk. Moreover, I plan to develop ecological agriculture."
"Ecological agriculture?"
Of course Jiang Xiaoyang knows about ecological agriculture. What it is, she is just curious about Xu Liang's plan.
Xu Liang nodded, "The rapid economic development will pay the price of environmental pollution. By then, the wealthy class will pay special attention to health issues.
Therefore, I plan to open an ecological planting area in the Western Region to grow soybeans, rice, wheat, and various fruits and vegetables, focusing on the mid-to-high-end market, and then sell them through the channels of "Wanlong Supermarket" and "No. 1 Store". ”
Jiang Xiaoyang had a hint of thought on her face.
She admitted that Xu Liang’s strategy is indeed very feasible.
It is a fact that the environment is polluted, and for safe food It is also true that her pursuit is true, at least she has this pursuit.
“Ecological agriculture is indeed an industry that will develop greatly in the future, but one thing is how to make customers believe that your products are ecological agriculture products, not ecological agriculture products. Hanging sheep's heads and selling dog meat. "Jiang Xiaoyang said.
"Actually, things are not as complicated as you think. The taste of things grown with chemical fertilizers and pesticides is not as good as that of purely natural agricultural products. If it is meat, the gap will be even more obvious.
So, no We need to prove too much. As long as we do a good job of publicity and guidance, customers will naturally know what good things are.”
Jiang Xiaoyang nodded and did not continue the question.
The horoscope has not yet been written. When Harvest Agriculture truly begins to operate ecological agriculture, it will not be too late to consider and solve these problems.
“First it’s Hunan Torch, and now it’s Tunhe in the Western Regions. Are you planning to swallow up the Delong Group?”
"It depends on how much we can make from this soybean speculation. If we make more, we will swallow up the entire Delong Group. If we make less, we will wait until it goes bankrupt and when its assets are sold to the outside world, we will eat two "A piece of meat."
After Jiang Xiaoyang thought for a while, "I still think it is better to wait until Delong is completely bankrupt before acquiring it. At that time, we can negotiate with the creditors first to restructure Delong's debt, otherwise they will be close to The high-interest financing of 20 billion Chinese dollars puts too much pressure on us.”
When Delong Group was short of funds, in order to obtain financing, it used its securities companies and trust companies to raise funds at 12%. Even the ultra-high return of 20% attracts savings.
Few funds in the world can achieve such a high rate of return.
Xu Liang nodded.
He also didn't want to take on such a big debt.
“How far do you think Delong is from going bankrupt?” Xu Liang asked.
Jiang Xiaoyang shook his head, "I don't have Delong's specific financial documents in hand, so I can't determine the specific time, but looking at Tang Wanxin's current situation, I'm afraid it won't last long.
Maybe this Month, maybe next month, Delong will collapse."
Xu Liang nodded.
He knew that Delong only went bankrupt in 2004, but Tang Wanxin took the money he earned from him and did not repay all the debts, but instead magnified the debts.
How much impact this plus and one minus has had on Deron, he himself is not sure.
But no matter what, Deron will still take the old path in his memory.
After the mountain was exhausted, it suddenly collapsed.
It became the largest enterprise group to go bankrupt since China's reform and opening up.
Even twenty years later, the Delong case is an unavoidable topic in Chinese economics, business administration and other business textbooks and books.
"By the way, didn't you meet with someone from Goldman Sachs tonight? How was the discussion?"
"When we met for the first time, we just laid out the conditions of both parties and listed them in a list. "It's still early to actually sign the contract," Xu Liangdao said.
“Goldman Sachs prefers Internet investment, and the conditions should be better. However, you should meet with other financial institutions, discuss your conditions, and shop around before you start.”
< br>"Don't worry, I have asked Lu Hui to make arrangements for me. In the next period of time, I will meet with representatives of the five major investment banks on Wall Street, Citigroup, JPMorgan Chase and other financial giants.
Whoever has the best conditions will cooperate with him. "Xu Liangdao.
Hearing this, Jiang Xiaoyang felt relieved.
While the two were chatting, the car also arrived at the municipal government compound.
"I'm leaving. ? You go back and drive slower. "
"Don't you invite me to come up and sit down? ”
Jiang Xiaoyang smiled charmingly, "Okay, my parents are at home today."
Xu Liang laughed, "Forget it, it's getting late, let's talk about it later."
If Mr. Jiang knew that he had slept with his daughter, he would probably force him to register for marriage the next day.
Although Xu Liang was ready to become the son-in-law of the Jiang family, he never expected to get married so soon.
He hasn't had enough fun yet.
"Hmph, you have the heart but not the courage."
Jiang Xiaoyang opened the car door and walked out.
Watching the beautiful woman leave, Xu Liang wisely did not reply.
He is really courageless.
Roll down the window.
"Go back quickly, see you tomorrow."
"I know, drive slower."
"Yes."
After agreeing and watching Jiang Xiaoyang go in, Xu Liangcai He kicked the accelerator and left.
(End of this chapter)