Chapter 910 Everyone takes a step back
“The market value of the new company after the merger of Vivendi Network and Sina is too low at US$18 billion. Yahoo Japan now has a market value of US$40 billion. The valuation of the new company It should be at least US$30 billion," Xu Liangdao said.
“Mr. Xu is in the Internet business and knows the strength of Yahoo! Japan better than we do. Their current market value is not just because of the portal.
It is e-commerce and search engines. The current market value will only come from the combination of multiple businesses,” Bernard said.
“Sina is not just a portal, it is also the largest forum in East and Southeast Asia, the largest automotive vertical business website, the largest vertical real estate website, and the largest electronic game portal...”
"But the Vivendi network is just a portal, and although the Asian market is developing rapidly, the value of a single user is far less than that of Europe." Bernard interrupted.
The two sides were at loggerheads and refused to give in to each other.
We talked about it until the afternoon and finally finalized the cooperation agreement.
The new company after the merger of Sina and Vivendi Networks negotiated conditions based on US$22 billion.
The new company gave 25% of its shares to six major families to share.
Because Sina has an AB share structure, the voting rights they require are actually very limited.
Originally, Bernard planned to take advantage of the lack of voting rights to ask for more equity, but Xu Liang pushed back.
The difficult negotiations continued until the evening, and the two parties signed a draft contract.
The moment I signed my name.
Xu Liangliang couldn't help but breathe a sigh of relief.
"It's finally over."
Not only him, but Bernard, Mouriez, Widmore, Francois Pinault and others also breathed a sigh of relief.
They were also afraid of breaking up with Xu Liang.
"Dear Xu, welcome to join the big French family. From now on, we will be together. If Vivendi Group encounters difficulties in its operations, you can come to me as soon as possible." Bernard said with a smile to Yan Yan.
“It is also an honor for me to be able to cooperate with you. You can rest assured that in the future, your company’s products can directly enter the channels of Kelong and Yihaodian.”
Hearing what he said, the joy on several people's faces became even brighter.
For a while, the guests and hosts were enjoying themselves, and there was no trace of the life-and-death situation just now.
Businessmen are all hypocritical!
After sending these greedy villains away, Christina happily hugged his right arm.
“My dear, it’s finally over.”
"Don't get too happy too soon."
The beauty's face turned pale instantly, "Are there other forces that are blocking our acquisition of Vivendi?"
"There is a high probability that they won't. In In France, no one has more energy than the alliance of the six major families.”
Plapping her bulging chest, Christina breathed a sigh of relief.
"That's good. I'm really afraid of doing it again. It's too torture."
This acquisition of Vivendi Group is really too tortuous.
Experienced Jean Foch's betrayal, Vincent Bolore's takeover war, and the six major families taking advantage of the opportunity to make money.
After nearly two months, we finally achieved our goal.
Not to mention Christina, even Xu Liang himself doesn’t want to do it again.
"Although it seems that the overall situation has been decided now, as long as the matter is not really over, we cannot relax." Xu Liang warned.
Christina nodded solemnly.
Next, she will continue to acquire shares of Vivendi Group to lay the foundation for complete privatization in the future.
So the matter is indeed not over.
It was getting late, and everyone was tired from the battle of wits and courage with Bernard and others.
Immediately announce that you are off work.
Back home.
Sofia is playing with two little guys.
Wen Ping and Wen Shan both like her.
I saw two people coming in.
"Dad, Mom."
Two little guys staggered over.
Xu Liang stepped forward and picked up his daughter, and Christina picked up her son. After some intimacy, she asked: "Sophia, are they naughty?"
"Delan and Chris are very Be good.”
“Deren is okay, Chris must be very naughty.”
As she spoke, Christina tapped her son’s young nose.
"By the way, how is your recovery going?" Christina suddenly asked.
Sofia was a little at a loss. After taking a slight breath, she muttered.
"It's almost done."
"Come to the room together in the evening, we need to have a good time today."
Speaking, Christina looked at Xu Liang Blinked.
Xu Liang smiled. After experiencing the suppression of the six major families, it was finally over.
Christina wants to relax and he wants to relax too.
After dinner.
After putting the two little guys to sleep, the three of them came to the bedroom.
With the experience of being together last time, Sophia's tolerance is indeed stronger.
Although she is far from as good as Christina, she is there to help.
Xu Liang was also completely released.
After taking a simple bath, the two beauties nestled in Xu Liang's arms, and the three of them enjoyed the afterglow of the climax together.
After a long time.
"In the next few years, you take Sophia with you and train her well." Xu Liang said.
Christina raised her head and glanced at him. After being together for a long time, she also figured out her man's preferences.
First, virginity.
Second, the tall and plump royal sister type.
Even if you are not a royal sister, you must train in this direction.
“Don’t worry, I will definitely train you to be an outstanding strong woman.”
Xu Liang smiled and patted her plump mounds.
"I'm waiting to see your results."
After finishing speaking, he turned his head.
"Sofia, are you German?"
"Yes. My home is in Ottobrunn, Germany."
"Ottobrunn?"
Xu Liang has never heard of this place. "Ottobrunn is a municipality in the German state of Bavaria and a member of the Munich City Circle..." Sofia explained.
Xu Liang roughly understood where Otto Brun was.
He still knows Munich.
After chatting briefly for a while, Xu Liang heard a faint snore in his ears.
When I turned around, I saw that Christina had fallen asleep.
Under the pressure of the six major families these days, she has not had much rest.
Now I suddenly relaxed, and Xu Liang calmed my body and mind. I was fully relaxed both mentally and physically, and I fell asleep quickly.
Patted Sophia’s upturned mounds and said, “Go to sleep.”
"Yeah."
She was also exhausted.
……
The next day.
The refreshed Xu Liang soon received the good news from Jean Foch, and the investigation letter from the Paris Securities and Exchange Commission was withdrawn.
After getting the news, Christina went to work excitedly.
She will immediately arrange to acquire Vivendi's equity.
Sofia, who had recovered, was also taken away by her.
Xu Liang did not arrange work and spent a day with his children.
Another week has passed.
Christina Investment Company officially announced that it has acquired 50.1% of the shares of Vivendi Group.
Vivendi Group’s share price fell in response.
After all, Christina Investment Company’s leveraged acquisition of Vivendi Group cannot be hidden from anyone.
Now holding more than half of the shares, the two companies have merged their finances, and Vivendi Group has suddenly been saddled with 11 billion euros of debt.
The group’s total debt has reached a high of nearly 20 billion euros.
It is only slightly less than the 23.3 billion euros in debt in 2002.
But in 2002, Vivendi Group's assets were even larger. At that time, it could still repay debts by selling off assets. Now it will undoubtedly be more difficult to repay such huge debts.
"Mr. Xu, Mr. Dressy Bolore has arrived." Lu Hui opened the door and came in.
“Let him in.”
Not long after, Dracy Borore, wearing a brown suit, strode in with a trace of anger in his eyes.
Xu Liang smiled lightly, stood up and greeted him.
"Mr. Dracy, CEO of Borlore Group, congratulations."
Dressy took a deep breath, shook hands with the man in front of him, and spoke in a cold tone. Hard way.
"Mr. Xu, I really should thank you. You gave me a big gift just three days ago when I took over the position of CEO of Bolore Group."
Xu Liang smiled and said: "Big gift? I don't remember that I gave you a gift."
"The share price of Vivendi Group has fallen by 13.7 billion euros, and it continues to fall. The net value of the 21.7% stake in Vivendi Group held by Borlore Group has nearly doubled."
" This is what Mr. Dressy said." Xu Liang sat down, crossed his legs, and chuckled, "Isn't this a normal thing? Anyone who has entered the capital market has heard a saying: Finance is risky, investment is risky. You need to be careful.
You are not vigilant enough and you have lost money on your investment. Why are you blaming me?
I am not your father, so I have no obligation to help you. ”
"You..."
Dracy took a deep breath.
He walked to the opposite side of Xu Liang and sat down.
"Mr. Xu, now it's time to fulfill your original promise."
Having become the CEO of Bolore Group, he urgently needs results to stabilize his position in the company.
“I always keep my promises.”
Waved.
Lu Hui brought over two contracts.
“Take a look at these two contracts.
As long as you sign the Hanhua contract, Pacific Fund’s share of 500 million euros is yours.
I agree with the Havas deal too
But you need to discuss the specific purchase price with Foch. ”
Dresi quickly took it and looked at it carefully.
There is nothing wrong with Hanhua’s contract.
The Havas Group’s transaction contract is only a draft and does not have the necessary qualifications. The real legal effect
As Xu Liang said, he will know the specific price after negotiating with Vivendi Group.
After there were no problems, I quickly signed the two contracts.
I was relieved.
The anger towards Xu Liang has also been reduced by most of it.
"Although this guy is despicable, he is indeed a reputable person." Dracy thought to himself.
"Is there anything else?" Xu Liang asked.
"I hope to sell you all the Vivendi shares held by the Borlore Group."
Although he believed that the Vivendi Group with the support of Xu Liang would definitely not collapse.
But the debt of nearly 20 billion euros has been reduced. According to the operation of Vivendi Group, it will take more than ten years to repay it without external help.
In such a long period of time, Vivendi’s share price will basically remain at around 10 billion euros.
From an investment perspective, this equity is too much of a loss.
"How much do you want to sell it for?"
"30 euros per share."
Xu Liang chuckled, "Do you think it is possible?"
Vivendi Group The total share capital is 480 million shares.
30 euros means that Vivendi has a market value of 14.4 billion euros.
In fact, Vivendi has now fallen below 14 billion euros, and if it takes another two days, it will continue to fall.
Then it will bottom out at around 8 billion euros and enter a shock range.
"How much does Mr. Xu give?"
"15 euros." Xu Liang said calmly.
“You are robbing!”
Dracy said angrily.
"Robbery? NONO, I didn't force you to sell. If you don't want to, you can keep the equity in your hands."
(End of Chapter)