We are all reborn, who wants to be the richest man?
Chapter 273 Playing with flowers
After Luo Nianzhong and the British side finalized the final framework, the negotiations between the two parties can be said to have progressed rapidly. In less than a month after his return, the two parties finalized all the contract details.
Far East Chip is valued at US$150 billion and will provide 10% of the targeted financing to the British consortium.
In just a few months, the world's largest chip giant, which was valued at US$120 billion when it was sold to Copeland, has appreciated by US$30 billion, accounting for more than half of the chip industry.
The happiest people about this financing are undoubtedly the Texas consortium and the DuPont family.
Honor Computer, the world's most profitable computer company, is valued at US$100 billion and has also transferred 10% of its shares.
What surprised Luo Nianzhong was Far East Systems. In Luo Nianzhong's view, the company's market value has been far underestimated based on its current valuation of US$80 billion.
However, the British guy is still not interested in this company and feels that its revenue capacity is not enough to support its market value.
I didn’t want the company’s shares at first, but in the end I still wanted 3% for some reason.
Regardless of whether Far East Systems is currently unprofitable, that is because the price is low and the personal computer market is far from being opened.
This is a market that is destined to be a winner-take-all market. They actually didn't take a fancy to Far East Systems, which accounts for nearly 80% of the personal computer operating system market. They don't know if they will cry one day in the future.
As for the YDD Group, I don't know if Europeans have any special feelings about clothing. Even if it is valued at US$25 billion, they all hope to get no less than 20% of the shares of this company.
Arnault, who knew this situation, also made a special call to Luo Niazhong. After explaining some reasons, Luo Niazhong finally transferred 15% of the equity to them privately.
There was also Far East Real Estate, which the Grosvenor family was very interested in. However, Luo Nianzhong gave him a very high offer, which made him retreat. He said he needed to think about it.
In addition to these, there is also Watsons, the parent company of PARKnSHOP, which turned the British department store industry upside down some time ago. They are also very interested in this giant in the retail industry.
The Howard family also offered to exchange part of their shares in Unilever for shares in Watsons.
Luo Nianzhong agreed, but he would wait until Watson's companies are listed one after another.
Watsons' current main businesses are food and beauty, both of which are in a well-deserved dominant position.
It is known as one of the two giants in the world alongside Nestlé and L'Oréal. However, Nestlé cannot compete with Watsons in the food category. L'Oreal's sales stabilize the Watsons beauty brand.
As for the daily chemical category, although it initially acquired daily chemical brands from Pfizer and other companies, it pales in comparison to Unilever.
Moreover, Unilever is also the largest margarine manufacturer and the largest tea brand manufacturer in Europe.
If the two parties can have some cooperation because of Howard, it will be a good complement to each other and beneficial to both parties.
This acquisition brought Asia Investment and Korean Capital to the forefront. There are no secrets at the top level. Everyone can guess or know what is going on.
But it's different for the Western media. They don't know how these two investment institutions suddenly appeared.
Especially for Daehan Capital, because of its name, many people wonder if this investment company was created by South Korea’s chaebols, and some media suspect that Cheong Wa Dae is behind it.
The people of South Korea were even more excited when they heard the news. Why did their country's companies suddenly acquire 10% of the shares of Barclays, one of the largest banks in the UK?
Although there are many speculations about Dahan Capital, and they don’t know which family is behind the scenes, they all believe that this is a domestic company.
Daehan Capital, Asia Investment, Yunhua Investment, various family-run trust funds, Far East Bank, etc., except Daehan Capital which holds 10% of the shares and becomes the largest shareholder of Barclays Bank, the remaining 30% of the stocks Luo Nian was left in disarray.
Dahan Capital is taking the lead to attract attention in order to divert public attention.
The same is true for Reed International. The largest shareholding of 32% is Asia Investment's 8%, and the remaining holding institutions are less than 5%.
Because of the mismatch in the value of the shares between the two parties, the old British aristocrats also paid Luo Nianzhong a huge sum of US$12.3 billion.
After the money was obtained, it was directly invested in England and used by Far East Communications' newly established communications company Vodafone in England to expand its territory.
This is what Thatcher promised Luo Nienzhong, to completely open up the two industries of medicine and communications, in exchange for him to support him in the subsequent privatization.
Before the establishment of Vodafone, there was only one giant communications company in the UK, and that was British Telecom, which had just separated from the Royal Mail and was run independently.
It is precisely because of the establishment of Vodafone that British Telecom announced its listing plan one year earlier than history. It will sell 50% of its shares to external parties at the end of the year and completely become a joint-stock enterprise.
In fact, Luo Nianzhong wanted to develop telecommunications business in Europe, and acquiring British Telecom was the fastest way to develop it.
However, the current projects operated by British Telecom only include landline, domestic long-distance and international long-distance.
Although Dadong Cable and Telegraph Bureau is very weak on these three points, it still has a certain number of users in London and surrounding areas. Vodafone can use this as a basis for external expansion.
It would be difficult for Downing Street to agree to the acquisition of British Telecom. Even if they agreed, they would offer a sky-high price to satisfy them.
With this money, Luo Nianzhong felt that it would be more cost-effective to re-build, and at the same time, the mobile phone signal tower and broadband services could also be prepared in advance.
After the establishment of Vodafone, the first transaction was the acquisition of the British business of Dadong Telegraph Company for US$10 million. For Luo Nianzhong, this was a matter of left hand and right hand.
In the future, Vodafone will focus on developing Europe, Cable and Telegraph will focus on Africa, Australia and the Middle East, and Hong Kong will delve into the Asian market.
As for the American market, Luo Nianzhong will have better choices by then.
“We have been making big moves this year, and the companies acquired by Meili Guo and Ying Lun need to get familiar with it as soon as possible.
The most important thing for our group and family office in the coming time is stability, and we must digest these new companies first.
Excessive expansion will only make the group bloated and chaotic, which is not a virtuous cycle."
After the cooperation with England ended successfully, Luo Nianzhong held a high-level meeting to set a tone for the next development.
After digesting the new company's new assets and stabilizing development, once everything is sorted out and the group is on track, it will consider new actions.
“I agree with the chairman’s opinion. The end of the year is coming soon. From next year, whether it is Far East Bank or our listing plan after the merger of the four banks, our listing plan will be the top priority.
In addition, the new company requires familiarity and management. Next year, we will not have time to consider other things and will be distracted by other actions.”
The company's two bosses have made decisions one after another, and the group's general policy for next year has basically been set.
“Speaking of the end of the year, how about we organize something special for our employees this year?”.
Everyone didn't understand what Luo Nianzhong meant and looked at him, wanting to hear his explanation.
“We rented out Hung Hom and held a grand annual meeting.
All managers at the Y12 level and above, including me, must prepare the program, and we can’t just dress up like a star’s concert.”
Far East's Y12 is basically at the level of vice president of a subsidiary or president of the company, which means that the middle and senior management of the entire group have to perform.
Is it okay if you let them manage it? Singing? Out of tune accounted for half of it, so after Luo Nianzhong finished speaking, several CEOs of subsidiaries had bitter expressions on their faces.
Luo Nianzhong naturally saw their expressions, but he didn't care, what he wanted was that you were out of tune.
If you don’t make a fool of yourself, how can your employees have fun?
Also, the corporate culture where Luo Nianzhong worked in his previous life was to push employees out as soon as the annual meeting came.
He has to rehearse for you after a tiring day at work. He must change this problem.
Although he later stopped performing after he reached a high position, the biggest reason was still the fear of embarrassment.
Other high-level officials don't perform. It's up to you to act stupidly and let people think whatever you want.
It's okay now, let's all be embarrassed together. Luo Nianzhong still has confidence in this group of people, at least he can beat him in terms of appearance.
"Everyone counts as one. If you find reasons to take leave and don't participate, or if you are perfunctory, I will deduct this year's bonus. Jack, you will supervise and be responsible."
"I'd love to," Welch replied happily.
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