Chapter 518 Joining forces
Seeing that Hyde Price and John Crane were not fooled at all, Tije Loud, who failed to successfully provoke a conflict, couldn't help but feel a little disappointed.
Tiger Lauder took a breath and calmed down his emotions.
Since I haven’t fooled anyone, I can only be practical.
“Two gentlemen, Hongmeng will only offer 20% of the shares in Series B, but eleven companies will share it. If we cannot come up with an offer that Hongmeng cannot refuse, then Goldman Sachs, JPMorgan DA Pass and Citigroup will become a bystander in this financing, which is something none of us want to see
But if the three of us make separate quotations, the persuasiveness will be much less, and it will also be difficult to surpass other institutions.
So, overall, joining forces is the best option. "
"Mr. Lauder, of course we know that joining forces is the best option, but the key is where to start? "
Hyde Price is smiling, and his high cheekbones and deep eyes make him look unpredictable.
"Both of them are smart people, don't they have any goals? No? "Tiger Lauder asked with a smile.
Prius smiled and said: "We have some considerations, but we are not very sure. Moreover, I heard that Mr. Lauder has a close relationship with Xu Liang. I met him after arriving in the capital and talked a lot, so we are more I want to hear your opinion.”
John Klein nodded in agreement.
Teejay Lauder understood that these two people were obviously trying to rip off his own bottom line, but the matter of Vivendi Global and US$5 billion in corporate debt was too big, and Goldman Sachs could not swallow this piece of money worth US$200. Billion dollar fat guy.
You can bring JP Morgan and Citigroup together.
“Xu Liang did discuss Hongmeng’s financing conditions with Goldman Sachs.”
Hyde Price and John Klein's eyes lit up, but just as they were plucking their ears, Lauder picked up the coffee on the table and took a sip, slowly and without any intention of continuing.
Prius and Klein frowned. They were both smart people. After thinking for a while, they understood what Lauder was thinking.
The two looked at each other.
“If the three of us can win the main share of Hongmeng Financing this time, Goldman Sachs can account for 40% of the total share.” Price said.
Laud put down his coffee cup and said, "Fifty percent."
"Impossible. First, we don't know whether your news is true or false. Second, although we don't know Hongmeng's real purpose, we can guess something from Xu Liang's words when he left.
Thirdly, if we come to the door, Xu Liang will give us a clear path even if he won't tell us everything." Pris said in a deep voice.
Laud smiled and said: "You all know whether Xu Liang has met me, otherwise you wouldn't be standing here. As for the remaining two items, I admit that what you said makes sense. But the same thing, HSBC and Deutsche will also understand
Without an advantage, why should Xu Liang give you the best interests?
Don’t forget, Hongmeng’s business in the United States. Not much, on the contrary, there is a lot of business in Europe
Deutsche Bank is more worthy of wooing than Citigroup and Morgan. "
Klein, who had been silent, slowly shook his head.
"If there is no 30% interest, this alliance is meaningless. "
After nodding in agreement, Prius affirmed: "We can go to Dezhi. I believe that Xu Liang will not hide much from the three of us even if he has plans in his heart. ”
Laud’s eyes flashed. Based on his understanding of Xu Liang, he would indeed not conceal his purpose, just like when he made a condition to himself.
"I can take a step back on behalf of Goldman Sachs, but you have to help Goldman Sachs win the qualification of Hongmeng listed brokerage."
"We will help you, but as far as I know, Hongmeng has already agreed to Morgan Stanley and Merrill Lynch. They The strength is higher than that of Goldman Sachs, so I am not sure to convince Xu Liang," Price said directly.
"As long as you two try your best."
"I agree on behalf of Citi."
"I agree to this on behalf of Morgan DA Pass." The two of them After expressing his stance, Lauder drafted a contract, and after the three parties signed it, Xu Liang's original conditions were spelled out.
Prius and Klein thought that Hongmeng or Xu Liang's requirements would definitely not be low, but they still did not expect that they would be so high.
"Vivendi Global plus US$5 billion in corporate debt, the total value is US$19 billion. It's really a big appetite." Preuss exclaimed.
“Hongmeng will use 20% of its shares to raise funds this time. According to the agreement reached, it can raise US$10.7 billion. With the support of this huge amount of money, it is enough to acquire Vivendi Global.
Now that they have raised another US$5 billion, is their goal not just Vivendi Global?" Klein wondered.
"Haha, John, have you forgotten the Hongmeng information we have seen? After the financing is completed, Hongmeng will allocate half of the funds to its major subsidiaries based on their profits.
The rest will be allocated by the head office.
In the face of competition from General Electric, tens of billions of liquidity are the basic guarantee," Lauder said with a smile.
Klein nodded and said no more.
“Vidiwang Global’s assets include many American TV stations. Even with our help, it will be difficult for Hongmeng to swallow these assets.” Preuss said with a slight frown.
"It doesn't matter, just peel these off. Anyway, the main purpose of Hongmeng is Universal Pictures." Lauder said with a smile.
After discussing for a while, the three people settled the matter.
The US$5 billion in corporate bonds are distributed among the three companies in a 4:3:3 ratio, with Goldman Sachs having the most.
The shares of Hongmeng are also in the same proportion. If the shares obtained from Hongmeng exceed or are less than this proportion, the three companies will have to take out or buy the excess shares according to their respective amounts.
——
"Mr. Xu, this is the document that the administrative department just brought over."
After taking the document from Lu Hui's hand, he looked at it and handed it to Xie Wen next to him.
"Goldman Sachs, JPMorgan DA, Citigroup? HSBC and Deutsche join forces?!"
In just one day, eleven institutions were divided.
However, this did not deviate from Xu Liang’s expectations.
You can get more by joining forces.
This is especially true for institutions that are participating in financing for the first time.
Xie Wen put down the document, "Mr. Xu, if they join forces, will it hinder the final financing?"
Xu Liang waved his hand and smiled.
“Only when we are strong can we ask for a higher price. But I am surprised that the remaining institutions are not fools, so why are they indifferent?”
"There are two things about 5.35.
First, the strength does not allow it.
Second, I feel that my family can offer us an offer that is difficult to refuse."
Xu Liang nodded in agreement.
According to the previous agreement, 1% of Hongmeng’s original shares are worth US$535 million.
Except for the oil tycoon Abu Dhabi Investment Authority, everyone will weigh and weigh carefully.
“But I’m curious as to why Merrill Lynch, the leader of the five major investment banks on Wall Street, has been silent?” Xie Wen said.
Xu Liang understood what he meant.
(End of this chapter)