- Home
- The Most Powerful Tycoon Reborn In Xiangjiang
- Chapter 764 - v2 Chapter 746 Wharf Acquisition Battle Starts Sifang Yundong (7K Large
Vol 2 Chapter 746 Wharf Acquisition Battle Starts Sifang Yundong (7K Large
Chapter 746 The Wharf Acquisition Battle Begins · Sifang Yundong (7K chapter, please subscribe~)
Just when Xiangjiang people started preparing for Christmas, Bao Yugang, chairman of Global Shipping and once the richest man in Xiangjiang, held a press conference!
The press conference was held without warning, which caught everyone by surprise.
“In order to protect the interests of the individual and the family itself, in the name of the individual and the family, we will bid HK$105 per share in cash to purchase 18 million Wharf shares. The deadline is Monday, Friday, next week, and the amount involved will reach HK$1.89 billion. The relevant additional purchase procedures will be entrusted to Fengwu Securities Company to handle.”
Now is the closing time of the Hong Kong stock market on Friday afternoon, and the Hong Kong stock market will not open for the next two days, so Bao Yugang put the decisive battle to next week!
As soon as the news came out, the entire press conference was blown up. Those reporters from Xiangjiang newspaper who were invited by Bao began to ask Bao Yugang about the specific situation.
The most important thing is how Pao suddenly raised so much cash!
Bao Yugang did not give a specific reply to this, but said that Bao has prepared the funds, and now if there are investors who want to sell Wharf stocks, they can contact Fengwu Securities immediately tomorrow, and Bao Yugang once again He emphasized that they only purchased 18 million Wharf shares this time. After exceeding this number, Pao will stop buying more Wharf shares.
This is also to increase the nervousness of shareholders holding Wharf stocks.
The news spread in Xiangjiang instantly.
Chu Huan got the news from Zhao Yazhi’s villa.
“I see, I’m going to the company now!” After putting down the phone, Chu Huan stroked Zhao Yazhi’s belly, which was already pregnant.
“I have some things to go to the company, I will see you later in the evening!”
Zhao Yazhi nodded, with a happy smile on her face. Since she became pregnant, this smile on her face has never disappeared.
“Well, Brother Huan, be careful!”
Chu Huan nodded, left Zhao Yazhi’s villa with the jacket on the boat, and went straight to Huarenhang by car.
“Bao Yu just finished the press conference and officially announced the acquisition of Wharf.”
Xu Yi immediately turned on the TV after seeing Chu Huan, and showed Chu Huan the pre-recorded content about Bao Yugang’s press conference.
Looking at the high-spirited Bao Yugang on TV, Chu Huan nodded and said, “The battle has finally begun!”
Xu Yi also nodded involuntarily. For outsiders, this acquisition battle is Wharf, but for Chu Huan and others, in fact, the start of the Wharf acquisition battle also means that they will officially start the Jardine acquisition battle. !
“Are the funds ready?” Chu Huan asked Xu Yi.
Xu Yi nodded and said: “The funds from North America have been transferred, and they are completely ready!”
Chu Huan leaned on the sofa, “Now let’s see how Niu Bijian will deal with it!”
In another time and space, Hong Kong Land was the first to initiate the decisive battle of the Wharf acquisition. At that time, they suddenly launched a surprise attack on Bao Yugang while Bao Yugang was attending the International Independent Tanker Owners Conference in Europe.
As a result, Bao Yugang revised all his itineraries, and secretly returned to Xiangjiang to start a takeover battle with the other party about Wharf.
Now Wharf’s takeover battle was initiated by Pao Yugang, and what remains to be seen is whether Hongkong Land will adopt the previous strategy.
Xu Yi said worriedly: “Boss, is it possible that Landmark will give up Wharf after seeing Bao Yugang offer such a high purchase price?”
Chu Huan shook his head. This time, the shares held by Hongkong Land in Wharf far exceed the same period in another time and space. Moreover, Wharf is one of the most important assets of Hongkong. It will give people an impression of being strong on the outside and doing nothing on the inside.
You must know that in this time and space, Jardine has not increased its holdings in Hongkong Land. At this time, if Wharf was acquired by Bao Yugang so smoothly, then Hongkong Land will cause many people to worry about it. Not what Jardine would like to see.
“Is there any news from Jardine?”
Xu Yi shook his head and said: “Not yet, but I just called Mr. Gu, and now Xiangjiang’s newspapers and media have all gone to Kangle Building, wanting to know what the other party thinks.
In addition, Wen Mingzhang also called, saying that he is now preparing to go to Jardine to participate in the board of directors of Jardine! ”
Chu Huan said: “Always pay attention, I want to know Landmark’s thoughts as soon as possible!”
“yes!”
.
Kangle Building, Jardine Headquarters!
“Mr. Keswick, this is how it happened. Bao Yugang suddenly announced the acquisition of Wharf this afternoon, and set the price of each share of Wharf to 105 Hong Kong dollars per share. Now the company’s directors are already in the meeting room Waiting here, they all want to know how we plan!”
Niu Bijian was reporting the situation of Xiangjiang to Henry Keswick in London at this time, and his expression was mostly worried.
Now, the company has just invested all its cash in the expansion of 7-11, but at this moment, Bao Yugang suddenly announced the plan to acquire Wharf, which completely disrupted all their plans!
The matter of Wharf was too serious for Jardine and Landmark, and Niu Bijian dared not make a decision by himself.
“How did you plan?” Henry Keswick’s voice roared on the phone, and he said loudly, “Of course we can’t give up Wharf. Do you know what Wharf means to Landmark and Jardine?”
Jardines is known as the Hong Kong super consortium with two wings flying together, and the pair of wings of Jardines are actually Landmark and Wharf.
Now, one of his wings is about to be snatched away by someone. Naturally, it is impossible for Henry Keswick to give up on such a result!
Niu Bijian did not want to give up Wharf, but now, he must explain two things to Henry Keswick.
“Mr. Keswick, first of all, because of the previous cash-burning war in Xiangjiang’s retail industry and the current expansion of 7-11, it has eaten up all the company’s cash flow, and it is Friday night again. At this point in time, I want to Raising funds is a very difficult thing.
And still such a huge sum of money! ”
After a pause, Niu Bijian continued to speak: “In addition, Bao Yugang has raised the price per share of Wharf to 105 Hong Kong dollars. If we choose the method of stock exchange at this time, the shareholders will definitely buy it. , but if it is a cash purchase, we must at least offer a purchase price equal to that of Bao’s.
It is not easy for us to raise this kind of funds nowadays. ”
The two problems can actually be regarded as one problem, that is, Jardine at this time simply cannot come up with so much cash!
Henry Keswick said on the phone: “If there is no way, we must find a way, so that you can immediately contact HSBC, Standard Chartered, and Hang Seng to apply for help. I will also contact them in London. The local bank in England is negotiating, and no matter whether I can receive the money or not, I will fly to Xiangjiang tomorrow.”
The Wharf takeover battle is such a major event, it is impossible for Henry Keswick to watch the battle from far away in London.
Niu Bijian originally wanted to tell Henry Keswick another thing, but he thought that Henry Keswick would come to Xiangjiang tomorrow, so he finally decided to wait for Henry Keswick to come to Xiangjiang before talking about this matter. .
“Yes, I am waiting for you in Xiangjiang!”
After hanging up the phone, Niu Bijian saw Bao Fuda and Karmanin sitting in his office with eager eyes on their faces.
Bao Fuda asked Niu Bijian immediately after he hung up the phone: “What did Mr. Keswick say?”
New Bijian said: “Mr. Keswick means that Wharf must never be given up!”
Bao Fuda said worriedly: “If we don’t give up Wharf, we will need at least 2.6 billion Hong Kong dollars in cash to win over Bao Yugang, but at this time the group simply doesn’t have that much cash!”
“I’ve already told Mr. Keswick about this. He meant that we should quickly contact HSBC, Standard Chartered, and Hang Seng to apply for loans from them. In addition, Mr. Keswick will also raise funds in London! ”
“HSBC is competing with Standard Chartered Bank for Royal Bank of Scotland at this time. In addition, it has given loans to many department stores in Hong Kong before. Do they have so much cash at this time?
Standard Chartered Bank, Hang Seng Bank are in the same situation as HSBC, I don’t think they can provide us with enough loans! ”
Bao Fuda still has no optimistic thoughts on this matter.
“The timing Bao Yugang chose is really good. I suspect that he has been staring at us, just waiting for us to invest all the funds in the expansion of 7-11, and suddenly make a move. If there is no expansion of 7-11, The company’s funds will not be so tight!”
Karmanin also preached seriously.
Niu Bijian waved his hand and said: “It is useless to say these things now, the most important thing is how we get through this difficulty!”
Speaking of this, Niu Bijian looked at Bao Fuda and Karmanin solemnly, and said: “You two, now the company’s most critical moment has come, and we must not lose Wharf!”
Bao Fuda and Karmanin also knew the significance of Wharf to the group. At this time, Bao Fuda suddenly said: “We can use cash and stock exchange to deal with Bao Yugang’s cash acquisition, although this will make us lose the advantage. , but if we raise our own bids, there is hope.”
Karmanin said: “But even so, we still need a lot of cash. The most important thing now is who can provide us with this cash in Xiangjiang!”
Niu Bijian looked at the two and asked, “Who do you think has the most liquidity in Xiangjiang?”
Karmanin said: “Of course it is HSBC!”
After thinking about it for a while, Bao Fuda shook his head and said: “Although many people are saying that Chu Huan spent a lot of money in order to deal with the previous money-burning war in the retail industry, I think that the cash flow in Chu Huan’s hands is definitely not enough. It will be less!”
Niu Bijian nodded and said: “I think so too. You say, what will happen if we decide to sell Wellcome and the ongoing 7-11 business to Yunhai Group?”
Karmanin’s face changed drastically. He is in charge of Jardine’s retail business. If Wellcome and 7-11 are packaged and sold to Yunhai Group, he will have no status in the group.
Just when Karmanin wanted to object to this matter, Bao Fuda said loudly: “This method is good. Yunhai Group has always wanted to dominate the retail industry of Xiangjiang. The reason why they have not dealt with Wellcome, 7-11 , that’s because they have no possibility of winning.
If we can now package and sell these two companies to Yunhai Group, then we have enough funds in our hands. In addition, after Chu Huan has paid out the funds, he will definitely fall into short-term cash flow difficulties. Then we don’t have to worry about Chu Huan attacking us for the time being! ”
Although none of the three of them said it clearly, they all knew in their hearts that if someone were to attack the land or make a move against Yihe at this time, then they would be really in danger!
The only one who has this strength in Xiangjiang is Chu Huan.
It was only after calculation that they believed that Chu Huan, who had just experienced the war of burning money in the retail industry, should not have the strength to initiate an acquisition of Jardine and Landmark for the time being!
But no matter how you say it, this is a hidden danger!
Now if we can take advantage of the situation of selling Wellcome and 7-11 to empty Chu Huan’s wallet again and buy land, Jardine will be safe.
“If this is the case, Chu Huan has completely controlled Xiangjiang’s retail industry. Although this industry does not seem to be making money from the real estate industry, but the accumulation of small amounts, coupled with the monopoly position of Yunhai Group, then our current behavior In fact, it is drinking poison to quench thirst, planting a bigger thunder for the future!”
Karmanin expressed his concerns.
For Karmaning’s worries, both Niu Bijian and Bao Fuda understand, and they also know that at this time Karmaning is more unwilling to give up Wellcome, 7-11, after all, this is the company he is in charge of, and losing Without these two companies, Karmanin will have no status in the group.
“This is also a helpless move. You should know that Wharf’s strategic position in the group is much higher than that of Wellcome and 7-11. What’s more, 7-11 has not officially opened at this time. As for his post-opening Profit is still a big question mark at this time, the board of directors of the group has been quite critical of this matter, even if we don’t raise it, someone on the board of directors will definitely raise it!”
Bauford preached seriously.
Karmanin said: “With the profit of Yunhai convenience store there, we should fully believe in 7-11. In the future, this company will bring more abundant cash flow to the group. I still don’t think selling Wellcome , 7-11 is a proper solution!”
Seeing that Bao Fuda and Karmanin were about to quarrel, Niu Bijian said in a timely manner: “Okay, how to decide this matter will have to wait until Mr. Keswick comes to Xiangjiang before making a decision .”
Bao Fuda, Karmanin stopped arguing.
Then Bao Fuda asked Niu Bijian: “Now there are reporters outside the group, and they are waiting for our decision. How should we inform them of this matter?”
Niu Bijian waved his hand and said, “Leave them alone, I’m going to hold a board meeting now. Besides, after the board meeting, I’ll also meet with some executives from HSBC, Standard Chartered, and Hang Seng. As for the matters to the public, Let’s talk about it after Mr. Keswick returns to Xiangjiang!”
Bao Fuda and Karmanin could only nod.
.
Roy Bentley put down the phone, with a dignified look on his face, and there were also two people in his office, Shen Bi and Pu Weishi!
It was not New Bijian who called Roy Bentley, but Henry Keswick who had just finished talking with New Bijian. He had already contacted Roy Bentley in advance.
“I didn’t expect this war to come so suddenly, it was really unexpected!”
Roy Bentley sighed.
Shen Bi’s expression was also a little serious, and he said, “Mr. Taiban, what do you think of Keswick’s proposal? Do you want to provide them with financial support?”
Roy Bentley sighed: “Do we have other options? This time is not only a battle between Bao Yugang and Landmark, but also a contest between us HSBC and Chu Huan!”
People in different positions have different perspectives on the whole thing.
Once upon a time, Bao Yugang and HSBC had the closest relationship. With the support of HSBC, Bao Yugang became the richest man in Xiangjiang and the world’s number one shipping king. With Bao Yugang’s development, HSBC made them become The largest bank in Hong Kong.
The two complement each other, making a good story in the business circle of Xiangjiang!
But since the development of the world shipping industry has problems, the relationship between the two parties has become delicate.
Even back then, HSBC had forced Bao Yugang to take a stand when several companies such as Nippon Shipping had problems.
Although it is for the sake of their respective interests, it is impossible to say that there is no gap between the two parties.
Taking the current matter as an example, Bao Yugang raised 1.89 billion Hong Kong dollars to acquire Wharf. The three people present all knew that Bao Yugang could not have so much cash.
But now Bao Yugang raised this fund without the support of HSBC.
So who lent this fund to Bao Yugang?
The answer is self-evident, it is naturally Chu Huan!
“If Bao Yu has just completed the acquisition of Wharf, then the banking business of Wharf will definitely be handed over to Jiaku Bank in the future, and this is not acceptable to us, so we must not let Bao Yu Just made it!”
Roy Bentley emphasized.
Although they have reached a settlement with Chu Huan, it was reached on the premise that they can cooperate, but now they have a direct conflict of interest, which has nothing to do with friendship or agreement, it is entirely out of commercial considerations !
Pu Weishi said: “But now the bank needs a lot of cash because of the previous loans and the competition with Standard Chartered for the Royal Bank of Scotland. If we still provide loans for Hongkong Land, our bank’s loan-to-deposit ratio will have problems. Already!”
Although HSBC is the largest bank in Xiangjiang and also its note-issuing bank, this does not mean that HSBC can provide loans to Hong Kong companies without restraint. Any bank must consider a loan-to-deposit ratio.
HSBC is no exception!
Shen Bi said: “This is not a problem. The acquisition of the Royal Bank of Scotland is a commercial activity of our bank and does not involve the bank’s own loan-to-deposit ratio. With the group’s shareholding, there will be no problems in their operations. It can be concluded that this will be a healthy loan.
As for the loan-to-deposit ratio, if we really want to support Hongkong Land, this loan can only be a short-term loan, and both Hongkong Land and Jardine have many healthy companies, so there is no need to worry about their repayment ability! ”
Roy Bentley nodded and said: “Yes, in fact, the most important thing for them now is time. As long as there is enough time, they can still mobilize a lot of cash!”
Pu Weishi saw Roy Bentley and Shen Bi both agreed to the loan for Hongkong Land, so they could only agree.
“Then how much credit do we plan to raise for them?”
Roy Bentley and Shen Bi looked at each other, and finally Roy Bentley said: “If Hong Kong Land wants to surpass Pao, based on their holdings, they need at least 2.6 billion Hong Kong dollars. I think we can do it for you.” It provides a loan of 1 billion Hong Kong dollars, but this loan must only be lent to them when Landmark can raise the remaining 1.6 billion Hong Kong dollars.”
.
Shi Huaiya also put down the phone at this time.
“Is it from New Bijian?” John Shi asked his father.
They also just watched Bao Yugang’s press conference, and they knew that the only one calling their father at this time was Niu Bijian.
However, Shi Huaiya’s answer still surprised John Shi.
“It’s Henry, he’s going back to Xiangjiang!”
“Even Henry Keswick is coming back, it seems that they don’t want to give up Wharf!” John Shi said in surprise.
Shi Yadi analyzed: “The strategic significance of Wharf to Landmark is too great. It is impossible for Henry Keswick to give up so easily!”
“However, if Hongkong Land wants to compete with Pao Yugang, it needs at least 2.6 billion Hong Kong dollars in cash. It is impossible for them to have so much cash now!”
John Shi preached.
Shuaiya nodded and said: “So Henry Keswick called me, hoping that I can support them and lend them a sum of money!”
Henry Keswick did not want to give up Wharf, which meant that he had to raise a sum of funds as soon as possible, and his goal was not only the bank, but also his former business partners!
John Shi, the two brothers Shi Yadi looked at each other, John Shi asked Shi Huaiya: “What do you mean, Daddy?”
Shuaiya looked at the brothers and asked, “Do you think this Wharf takeover battle is really just a Wharf takeover battle?”
Shi Huaiya’s words made John Shi and the brothers Shi Yadi fall into silence. After a while, John Shi asked, “Daddy, what do you mean?”
But Shi Huaiya shook his head and said: “Actually, I don’t know what I think, but I always feel that from the start of the money-burning war in the Xiangjiang retail industry, the whole thing seems to be a premeditated and step-by-step plan. Same situation.
Think about it, Jardine participated in the money-burning war in the retail industry of Xiangjiang. In order to allow Wellcome to occupy more of the market and 7-11 to better enter the Xiangjiang market, Jardine invested a lot of cash in this matter , At the same time, the major banks in Xiangjiang were involved and their cash was cut off.
Immediately afterwards, Bao Yugang launched the acquisition of Wharf at this time, all of which seemed to be calculating Jardine’s every move! ”
John Shi and Shi Yadi looked at each other, and they both saw the shock in each other’s eyes, because they felt from their father’s words that there was an invisible big hand manipulating everything in this matter, and this The owner of the big hand is Chu Huan.
There is Chu Huan in the battle of burning money in the retail industry. Bao Yugang was able to raise so much cash in a short period of time, and it is very likely that Chu Huan lent it to him.
if it is like this.
“Daddy, what do you mean, Chu Huan is actually setting up a bigger game?”
John Shi asked carefully.
As for what this game is?
The only one in Xiangjiang who can afford such a large-scale investment and such a chain-link strategy is Jardine Landmark, right?
Shi Huaiya shook his head and said: “I can’t confirm this matter either. You must know that it is not that simple to buy Jardine Land. We don’t know the shares of Huaren Real Estate in Hongkong Land, but we know the shares of Huaren Real Estate in Jardine. If Chu Huan really wants to attack these two consortiums, the cash used will be astronomical. Now that Chu Huan has experienced so much investment, how could he still have such How much cash?”
Both Shi John and Shi Yadi were silent, and they couldn’t make any sense. They were really confused.
Finally, Shi Yadi asked: “Daddy, do you want to lend money to Henry Keswick?”
Shi Huaiya smiled wryly and said: “I don’t want to borrow, especially lending money to the other party when the situation is unknown makes me feel uncertain, but we have cooperated for decades after all, if we don’t borrow money, it’s hard to justify! ”
Finally, after some consideration, Swaria decided to lend money to Henry Keswick. After all, his speculation was groundless. More importantly, no matter what, the shares of Wharf acquired by the money were real. Although after the Wharf takeover battle is over, Wharf’s share price will definitely fall.
But whether it is Henry Keswick or Hongkong Land, Jardine has good assets, and there is no need to worry that the money will become bad debts after being lent out.
“Lend them 200 million Hong Kong dollars, this is the greatest support we can give them now!”
Finally, Swarias preaches.
John Shi said with some concern: “If this is the case, will Chu Huan have some complaints about our behavior?”
Even the well-known Taikoo in Xiangjiang had to seriously consider Chu Huan’s reaction to this matter at this time.
After Shi Huaiya made his decision, a relaxed smile appeared on his face, and said: “We don’t know what Chu Huan’s plan is, let alone we have a trump card in our hands. If Chu Huan is really interested in this If there is an opinion on the matter, then the trump card in our hand will keep us from harm!”
John Shi and Yadi Shi were stunned, not knowing what the trump card Shi Huaiya was talking about!
Also, correct the typo first and then change it, Huangshan continues to code~
(end of this chapter)