Chapter 896 Sina joins
"Lv Hui, how many times has Vivendi's board of directors been held?"
"Already twice." Lu Hui said quickly.
“What did Vincent and Foch say?”
“Vincent Bolore said that he is working hard to bridge the differences within the company and will not delay your acquisition of Vivendi.
Jean Foch has not called once yet.
But he took the initiative to send an email, hoping to visit you. "
After Xu Liang thought for a while, "You can make arrangements and I will meet him. "
"Okay. "
"Is there any news from Michelle? ”
Lu Hui handed over a document.
“As of now, Paris No. 1 Venture Capital Fund has completed fundraising.
Paris No. 2 Private Equity Fund has raised 1.8 billion euros and can complete the fundraising in up to a week. ”
Xu Liang briefly flipped through the document and put it aside.
“The speed is very fast.”
"If you give more Pacific Fund shares, it will be faster." Lu Hui said with a smile.
Xu Liang smiled and then asked: "When will Lao Wang's plane arrive?"
"At three o'clock in the afternoon, there are still two hours from now."
"Remind me to pick you up at the airport later."
"Do you want to go in person?"
"Well. ...Where has Christina gone?"
"Mrs. Yeri has already gone to the Shangri-La Hotel to prepare for the press conference."
Xu Liang nodded slightly, "The law firm Have you found it yet?”
“I have already contacted Lei Kang Law Firm. They are very good at litigating this kind of reputation infringement.”
Looking at the TV on the wall, Arnaud. With an excited face, Lagardère said calmly: "Then sue. Also, I want the media across Europe to report that this bastard is a lunatic who despises and insults women."
"Understood."
The general public is willing to have fun when it comes to such a sensitive topic as insulting women.
This is also his purpose.
Draw ordinary people’s attention away from Vivendi’s acquisition.
Although he is not sure whether this matter will help the acquisition, he still has to give it a try.
——
With a huge roar, a Boeing 737 landed at Paris Charles de Gaulle Airport.
Wang Zhidong, who came out of the business class, quickly saw the big boss standing not far away waving to him.
Unexpectedly, Xu Liang felt excited about being taken seriously.
Hurry over and walk over.
"Mr. Xu, why are you here in person?"
"You are an important minister and general of our Hongmeng. You have made great contributions to the development of the company. As the boss, of course I have to welcome you personally."
After shaking hands.
“Let’s get in the car.”
“Hey.”
After picking up Wang Zhidong and his party, Xu Liang took them to the largest CBD in Europe, Lujiazui-La Défense Business District in Paris.
Since the establishment of Hanhua's Paris office, the company has moved to the modern Courbevoie Building.
And the entire 15th floor is covered.
Because Hanhua’s Paris office is still in the expansion stage, there is still a lot of room in the office area of nearly 2,000 square meters.
So, Xu Liang temporarily put his external reception here.
"Sit down."
Wang Zhidong sat down and said with a smile.
“The scenery here is really good, you can directly overlook the Eiffel Tower and the Seine River.”
There are not many high-rise buildings in Paris, and the nearly 200-meter Courbevoir Tower is already one of the best. , it is quite interesting to see the small mountains.
The scenery is naturally very good.
"If you think it's good, you can stay here for a while and give yourself a holiday."
Wang Zhidong smiled and shook his head, "There are so many things waiting for me at the company, how can I have time? Rest."
He handed Xu Liang the documents he carried with him.
“This is Sina’s semi-annual report, please take a look.”
Xu Liang took it and flipped through it. There were certain changes from when Sina went public in May this year, but there are also some changes. Not to the point of earth-shaking.
However, with the development of the global Internet.
Sina’s market value has exceeded 90 billion Hong Kong dollars.
At the current exchange rate of US dollars to Hong Kong dollars, the market value exceeds US$11.6 billion.
It is currently the Internet company with the highest market value in China.
Xu Liang put down the information after reading it.
"Lao Wang, it's enough to send a fax for Sina's 2005 semi-annual report, so that you, the CEO, will not have to go all the way to Europe to see me in your busy schedule."
"Mr. Xu , or you know everything."
Xu Liang smiled and waved his hand, "Okay, don't put your hat on me. Tell me, what's the matter?"
"You are acquiring Victoria? Wangdi Group?”
“Has the news spread to China?”
"Former Fortune 500, a global public utility and telecommunications giant, an acquisition of this level also involves you, of course the country is paying more attention."
Xu Liang then guessed Wang Zhidong's Purpose.
“Are you interested in Vivendi Network?”
“Nothing can be hidden from you.
Vivendi Network is the second largest network in Europe after Yahoo! The portal, available in 9 languages, has more than 80 million registered users across Europe, and its influence in online business sectors such as music and entertainment exceeds that of Yahoo
Total revenue for the two quarters of 2005 exceeded 730 million euros.
Net profit is 140 million euros.
If Sina can acquire it, we will not only be able to extend our reach into the European continent and gain nearly 100 million users; we will also be able to greatly shorten the distance with Yahoo.
The powerful integration effect will quickly increase Sina's market value.
According to our calculations, after the integration of resources from both parties, total revenue will increase by more than 15%, net profit will increase by about 22%, and the market value is expected to exceed US$20 billion.
In the field of portal websites, it has become a world-class Internet giant second only to Yahoo. ”
Looking at Wang Zhidong’s face full of desire and longing, Xu Liang also understood.
The acquisition of Vivendi Network was not a whim of his, but something he had considered for a long time.
< br>Xu Liang couldn't help but think about this issue that he had never considered before.
Especially in the past few years, he had been influenced by the memories of later generations and felt that the portal was a business destined to decline, so he never planned to do so. Acquisition of Vivendi Networks
But Wang Zhidong is different.
Although in recent years, under his command, Sina has developed from portal website as its main business to include Soufun.com, Tieba, Sina Sports, Autohome, Sina Game Hall, Weibo, blogs and mailboxes. Including, a comprehensive network group spanning a variety of businesses.
In particular, the income of game halls and car homes is no worse than that of portal websites.
But Wang Zhidong, including Sina's management, Xie Wen and others, still regard Sina as an Internet company with a main focus on portals.
Therefore, Vivendi Network, the second largest portal in Europe, is an irresistible temptation for them.
"How do you plan to acquire Vivendi Network?" Xu Liang asked.
“After Sina went public, we raised US$500 million, which is currently in the company’s account.
Coupled with the cash flow accumulated by the company, we can come up with US$700 million in cash .
According to our investigation, the valuation of Vivendi Network is about 4.5 billion euros, which is approximately equivalent to 5.5 billion U.S. dollars at the current exchange rate of the U.S. dollar against the euro.
Taken together, we are prepared. Two acquisition options were proposed.
First, Sina issued US$2.5 billion in convertible bonds and acquired Vivendi Networks on the condition of US$3 billion in cash and equity in the new company.
The second option is to leave valuable cash flow behind, and Vivendi Network will be merged into Sina as a whole, and all the company equity held by Vivendi shareholders will be converted into equity in the new company. "There was a hint of thought on Xu Liang's face.
He admitted that if he acquired Vivendi Network, it would indeed greatly increase Sina's market value.
Merger effect The skyrocketing market value brought about is also in his interest
More importantly, in addition to the market value, the merger will also reduce Hongmeng’s equity in Sina.
This is undoubtedly a good thing for Xu Liang, who wants to reduce Sina's equity and protect his own interests before the advent of the mobile era.
60% equity and 30% equity, of course the latter is easier to close the position.
Furthermore, with Sina’s AB share system, there is no need to worry about losing control of Sina after the shareholding drops.
After thinking about this clearly, Xu Liang gradually became inclined to acquire Vivendi Network.
But in this case, his original plan to acquire Vivendi will be completely overturned.
Not only the Canal+ Group is to be acquired, but also the Vivendi Network.
Although the latter does not cost much money, no one knows the consequences of adding variables.
"Your hotel has been booked. Let's go and rest first to get over the jet lag. I'll think about it again."
Wang Zhidong nodded.
The matter was of great importance, and he didn't expect that the big boss would immediately agree to his request.
"Then I'll leave first."
"Well, I will give you news about the acquisition of Vivendi Network as soon as possible."
Wang Zhidong nodded and walked out office.
Watching him leave, Xu Liang returned to the sofa and sat down.
"Mr. Xu, Mr. Wang is gone."
After sending the people away, Lu Hui came back and said.
“What do you think of Mr. Wang’s proposal?” Xu Liang asked.
“If Vivendi can be acquired, it will be a great benefit to Sina’s future development. Moreover, through the Vivendi network, Sina’s Tieba, Weibo, SouFun and other sub-businesses can also be integrated , developing into Europe
This will greatly enhance Sina’s future industrial structure and risk resistance. ”
"So you agree with Mr. Wang's proposal?"
"Yes."
Xu Liang nodded and asked suddenly.
“When have you arranged Jean Foch’s visit?”
“It will be here at nine-thirty tomorrow morning. If you have any objections, you can change it at any time.”
"No, that's it."
Looking at the time, Xu Liangmei didn't stay any longer, got up and went home.
Played with the two children for a while.
At 6:30 in the afternoon, Christina, wearing a black women's professional suit, with her hair high and a capable temperament, went home.
There was a bit of unfinished anger on the delicate face.
Seeing this, Xu Liang smiled and said: "Why, did you quarrel with the reporter?"
"Those guys went too far. They actually called me a bitch, a prostitute with nothing but face and figure. It's too much. I couldn't help but started arguing with them.
Dear, you won't blame me, will you?"
"I won't blame you, but I will also praise you. Well done. We must fight back ruthlessly against these disgusting things." Xu Liang said with a smile.
Christina worried: "But will this affect my image? I don't want to become a shrew in the eyes of all French people."
"Hahaha, you think too much.
Christina, you are only 26 years old. You don't need to be as mature and stable as an old guy in his 60s or 70s.
Laughter and anger Swear, you have a distinctive personality.
This also makes you look more authentic.
As long as you can lead the company to develop better, people, especially young people, will like you more. business elite.”
Christina nodded, smiled and hugged Xu Liang's left arm, snuggling into his arms.
"My dear, you are still good at comforting people."
"Dad, Mom."
Amidst the childlike shouts, the two little guys whose steps became faster and faster, Like two little tigers having fun, they rushed over.
The younger brother rushed towards his mother, and the elder sister directly hit Xu Liang's arms.
"Little Carlos, did you miss your mother at home today?"
The little guy nodded quickly and spread his hands.
“Mom, eat.”
Christina took a look and saw that her son’s dusty little hand was holding half a piece of milk tablet that was already a little dirty.
The old mother immediately became disgusted.
But looking at her son's hopeful eyes, Christina endured the discomfort and ate.
"Baby, thank you for the gift."
The sister next to me saw it, her chubby face full of disgust.
“Mom, dirty.”
“Haha, this is love from your mother.”
Xu Liang explained with a smile.
"Mom, dirty."
The little guy seemed very insistent.
Christina smiled and patted her little butt.
"Delan, if you say that again, mom will be unhappy."
"Huh."
The little mouth pouted, and his head turned around and buried it on Xu Liang's left shoulder, leaving the old mother with a ponytail on the back of her head.
"Stinky Dai Lun, he is becoming less and less cute."
"Jiejie..."
The little guy immediately raised his head from Xu Liang's arms, with a bun on his face His expression was serious.
But it feels inexplicably cute.
"Sister."
"Jiejie."
"Brother, stupid."
"Haha..."
The family was laughing and having fun.
The next day, Xu Liang met Jean Foch in the conference room reserved for him in Hanhua's Paris office.
"Xu."
"Jiang, we meet again."
The two smiled and hugged.
After sitting down.
Lu Hui serves coffee.
“Taste it, Jamaica Blue Mountain, your favorite taste.”
Foch picked it up and took a sip, then smiled.
“It’s really good.”
Xu Liang smiled and said: "Jiang, I have paved the road to politics, but you seem to have not been able to give me a satisfactory answer here."
"Xu, you are a smart person, you should know the reason very well. "
"Although the playboy from the Lagardère family has the support of Sarkozy, he does not have the appeal to influence the Vivendi board of directors just by relying on his words." Xu Liangdao.
(End of this chapter)