Chapter 1007 Changes in Shuanghui
It was previously reported that the 100% starting price of Shuanghui Group was US$800 million, but now it has been changed to 1 billion Huaxia coins.
In 2005, Shuanghui Group's total assets were 7 billion yuan and sales revenue was 20.1 billion yuan. Shuanghui Development's main business income in 2005 was 13.460 billion yuan, a year-on-year increase of 33.85%, and its net profit was 371 million yuan, a year-on-year increase. 24.36%.
The auction price of such a company is 1 billion Chinese coins.
Haha, it would be strange if there was nothing fishy in it. ”
"Others have made it clear that they want MBO, and if we intervene again, we will be regarded as villains."
Xu Liang said with a smile.
“They themselves gave us the opportunity to be ‘barbarians’.”
“What do you think?”
“The Luo River is definitely flooded now. No, but we can start directly from Henan Province and use investment as bait to obtain support from the provincial government
If that doesn't work, I suggest giving up.
Without government support, and we are not familiar with Shuanghui internally, integration will be difficult. "
Xu Liang nodded, "Just do what you want. ”
“Thank you for your support. ”
“How is the progress in animal husbandry? ”
"Currently we have acquired Huabao Food in Zhucheng in Qilu, which has a slaughtering capacity of 150,000 pigs, a supporting retail system, and a pig farm of 50,000 pigs.
Currently we are still working with Zhucheng's Delis talks about mergers and acquisitions
If successful, we can create a company with a slaughtering capacity of over 500,000 pigs, own famous brands such as Delis ham and Delis cold meat, and have 200,000 pigs. A large-scale base with strong production capacity.
The plan for Harvest Prelude is to increase the breeding and slaughtering capacity of the Zhucheng branch to 1 million heads within the next two years.
Become our largest slaughterhouse in the Qilu market. base.
In addition to Zhucheng, we are also negotiating acquisitions with Modern Dairy in Guangdong Province.
By the end of 2006, Harvest Livestock's goal is to achieve the feeding capacity of 150,000 cattle and 2 million pigs, as well as the corresponding slaughtering capacity. "
"The goal is good. If the plan to acquire Shuanghui does not go well, you will have to match the corresponding slaughtering capabilities and cooked meat processing capabilities, especially to establish a ham sausage brand. "Xu Liangdao.
You can't make much money from breeding and slaughtering, and less than 10% is done.
The real money is in the cooked meat business, especially ham sausage.
The profit is as high as 35%.
This area cannot be given up no matter what.
In particular, Taihua owns the largest retail distribution channel in China, with more than 1,500 hypermarkets and supermarkets and tens of thousands of community stores with brand names.
As long as the brand building can keep up, there is no problem in making money.
“Don’t worry, the Shuanghui matter will definitely have an outcome within a month at most.”
"I'm waiting for your results."
Xu Liang slowly hung up the phone.
"Shuanghui's matter is much more troublesome than expected."
Trouble is trouble. It just looks at Lao Qiu's strength. We can't wait for his big boss to come forward for everything. solve.
Think for a moment.
He took out his cell phone and called Jiang Xiaoyang.
As soon as the call was connected, there was a sweet sound.
“My wife.”
“It’s so disgusting to scream.”
“I really mean it.”
A smile appeared on Jiang Xiaoyang's lips, "Tell me, what's the matter?"
"Do you know about Shuanghui?"
"Of course, this matter has been reported by the Financial Times The international capital market is so close, why don’t you pay attention to it?”
“You arranged for Hanhua to join in.”
“Don’t you want Fengsheng Agriculture to acquire Shuanghui?”< br>
"The key reason why Shuanghui's equity was auctioned this time is that Shuanghui's management wanted to realize the restructuring of state-owned enterprises through MBO acquisition. Therefore, many thresholds were set for bidding companies.
Basically, except for investment banks, any industrial industry The company can’t participate.”
Jiang Xiaoyang understood immediately when he heard it.
“It seems that people from political circles are involved.”
“Isn’t this the norm for local state-owned enterprises?”
"What are you going to do?" Jiang Xiaoyang asked.
"Fengsheng will start directly from Henan Province to see if the province can directly intervene. You are also involved. If it doesn't work for Fengharvest, you can also share a piece of fat here. "
Shuanghui MBO acquisition is obviously very profitable. Even if it exits in the future, it is not impossible to make hundreds of millions, or even more than one billion.
“I’ll give the order immediately.”
As an investment bank, of course Hanhua has MBO business.
"Do you want my help in Yu Province?"
"No. It's just a Shuanghui, not worth it."
The Jiang family's connections are too precious, and he doesn't want to use them casually.
"I heard Lao Xie say that you have already reached an agreement?"
"Yes. Regarding the listing of Bing, the entire Asian market belongs to us." Jiang Xiaoyang said with a hint of excitement in his tone.
A top company with a valuation of US$80 billion, if done well, Hanhua will have a classic case in the investment banking field. I will go out to solicit business in the future.
Take this example and others will take a look at it.
“I won’t go into detail about the importance of Bing’s listing to Hanhua Investment Bank. The opportunity is given to you, so seize it.”
“Don’t worry, Hanhua will do its best this time. ”
Jiang Xiaoyang said confidently.
After the two chatted for a few more words about the children, they hung up the phone.
——
Dong dong...
There was a knock on the door.
“Come in.”
Fang Hongjian opened the door and walked in.
"Dad." Fang Long put down the pen in his hand and looked up at his eldest son.
Facing his father's serious face, Fang Hongjian instinctively felt fear.
Hurrying over the document in his hand.
"The information just came from the capital."
Fang Long took it and took a look.
Goldman Sachs, Dinghui, American International Group (AIG), JP Morgan, Singapore’s Temasek….
They are basically financial institutions that plan to participate in the Shuanghui Group equity auction.
"Hanhua?"
Fang Long's brows instantly wrinkled.
“When did Hanhua join?”
“Just this afternoon.”
“Squeeze it out and say it does not meet the requirements of Shuanghui Group. Bidding standards."
"Dad, strictly speaking, Hanhua complies with our regulations, and Hanhua is not simple behind the scenes. If we squeeze it out..."
Seeing his father's increasingly stern eyes, Fang Hongjian slowly stopped.
"Do you know why I kicked Hanhua out? Just now I received a call from above. Xu's Harvest Agriculture is negotiating with the province.
They hope that they will be the whole Acquired Shuanghui Group and promised to invest 1.5 billion Chinese dollars every year. Within five years, Shuanghui's revenue will exceed 50 billion Chinese dollars, becoming a Fortune 500 company and becoming the world's top pig slaughtering and processing company.
Hehe. , What a big ambition.
If I hadn’t had some connections above, the Shuanghui that our Fang family had worked so hard to build for more than ten years would have been taken away by others!
So you're still here begging for mercy on their behalf? ”
Fang Hongjian grew up under the power of his father and had an instinctive fear of him.
After being scolded harshly, he did not dare to refute.
In fact, he did not dare to refute him at all. Don't know about this.
Kill without teaching.
It's also unfortunate enough.
After scolding me, I vented my frustration.
Waved his hand irritably.
"Go down, remember what I told you."
Fang Hongjian nodded quickly, turned around and left quickly.
After the room returned to silence, Fang Long lit a cigarette impatiently and started smoking.
Although he was determined to drive Hanhua out of the game, his son's words were correct.
Hanhua is not an ordinary company, but the world’s number one private equity firm.
Famous in the global financial field.
What’s more important is that behind it stand Xu Liang and the Jiang family.
If someone is kicked out without any reason, Hanhua will definitely not give up.
By then, the auction in Beijing will definitely be ruined.
Even if he withdraws the auction and stops bidding.
Hanhua will also keep an eye on him if any violation is found.
The energy of the other party will definitely make it difficult for him and his profound people to go around in circles.
But Shuanghui is my own hard work and I will never give up.
——
“I thought you were going to stay in Jiulong Valley for a year or two and come back in less than half a year?”
Xu Liang held his son in his arms, He smiled and said: "Don't I miss you two?...Yangyang, call daddy."
"Dad."
The little guy who is over one year old is already a nimble monkey.
"You are so good. Kiss daddy."
Bah...
My well-behaved son brings great comfort to Xu Liang.
Seeing this, Jiang Xiaoyang felt warm in his heart.
After all, family is the haven of the soul.
After playing around for a while and putting their son to sleep, the couple came to the study.
"How is the negotiation with Yu Province over at Fengshou?" Jiang Xiaoyang asked.
"It didn't go well. I already asked Qiu Mingcheng to give up. Tsk, tsk, I really didn't expect that the person behind Shuanghui was actually the one behind Shuanghui. He came to interview him in person, so I have to give him face."
"Shuanghui It is impossible to do such a big thing without someone to protect him. However, he also rejected Hanhua."
Xu Liang frowned.
“I gave them face at Fengshou and asked Lao Qiu to withdraw. Hanhua entered the venue according to their rules and didn’t even give them any face. They really thought I was a fool.”
"Look, I got anxious before I finished speaking. Fang Long is also a well-known entrepreneur after all, and he still understands the priorities. He called me specifically.
Said that as long as Fengshou gave up the acquisition of Shuanghui, and Hanhua gave up participating in the bidding of Shuanghui Group.
He was willing to sell Shuanghui's Luohe Shuanghui Bioengineering Technology Co., Ltd. and Luohe Shuanghui Haiying Seasoning and Food Co., Ltd. "< br>
Both companies are actually seasoning companies.
Shuanghui Biotechnology’s products are bone broth, broth, flavors and spices, seasonings, and bone oil;
Haiying Seasoning’s products are meat sauce, chicken essence, noodle ingredients, hot pot ingredients, and ten A variety of product groups including eight flavors and famous Chinese dishes.
Although there are many products, the two companies are not strong in the condiment industry.
But it can be considered a large enterprise.
After the acquisition of Fengsheng Agriculture, we can use this as a basis to continue to expand through brand promotion and Kelong channels.
“I’ve sent you money to buy money. If you accept it, Shuanghui will no longer be able to participate.”
“Accept it, why not. The two companies just complement Harvest Agriculture. But Shuanghui MBO cannot be missed... In this way, you can talk to Fang Long about Shuanghui's MBO, and Hanhua will still participate in it and sign a repurchase agreement between the two parties.
As long as the Fang family can come up with money, they can buy back the Shuanghui shares held by Hanhua
At the same time, the voting rights of the shares held by Hanhua in Shuanghui were given to him to exercise. ”
(End of this chapter)