"Pa! Pa! Pa!"
With the sound of Lin Guodong clapping his hands, the first full meeting of Xiangjiang Morningstar Investment Company was held.
Qin An sat on the main seat.
All the lights were turned off, and Lin Guodong began to adjust the slide.
After adjusting the slide, under Qin An's instructions, he placed a few 'crocodile' labels. Liang Ande said,"
"Crocodile Garments is one of the top ten clothing brands in Xiangjiang. I'm sure you're all familiar with it. It's a listed company with a market value of 1 billion Hong Kong dollars.”
"I'm sure you all know that Boss's goal in setting up Morning Star Investment is to acquire a company.”
"I'll tell you now. The company that the boss wanted to acquire was Crocodile Garments.”
The meeting room immediately exploded.
"Oh my god, Crocodile Garments has 37 large-scale specialty stores in Xiangjiang, all of which are owned by the Golden Region.”
"Crocodile Garments and three large garment factories.”
"The Crocodile Garments Building is the most valuable asset. It's located on Connaught Road in Central, next to the headquarters of the Hang Sang Bank. It's more than forty stories high, and you can overlook the Central Pier from the roof.”
"But Mr. Chen Jun of the Chen family is the founder. He holds half of Crocodile's shares. Do we have a chance? Even if the boss was not short of money, Chen Sheng might not be willing to sell it!”
It was difficult to get a controlling stake in Crocodile Garments through sniping.
The members of the acquisition team were very pessimistic about this.
Crocodile Garments was a time-honored brand founded by the Germans in Xiangjiang at the beginning of this century.
After the end of World War II, it was confiscated by the Hong Kong government and bought by Chen Jun.
It took 30 years to form a fashion empire. Who would be willing to sell such a family business with endless development potential?
Beep! Beep! Beep!
Qin An knocked on the table.
The meeting room instantly fell silent.
He said,"
"Since the beginning of this year, the stock market has been very hot.”
"The market value of Crocodile Garments has reached a new high, rising from around 800 million to 1.1 billion today.”
"That might be the reason. Chen Jun sold a portion of his stock.”
"Through certain channels. I found out that Chen Jun only has about 36% of the company's shares now.”
"As long as we can get more than 50.1% of the shares before he can react, this company will be ours.”
Qin An's speech ended here. Liang Ande and Lin Guodong had to arrange the specific work.
The specific operation was not difficult.
It was to continue absorbing the company's shares at the right price.
He wanted to acquire more than 50.1% of Crocodile's shares in the shortest time possible.
In reality.
Before the merger and acquisition began, Qin An had quietly absorbed 11.17% of Crocodile's shares through the Bank of China.
37% of the shares that had to be offered.
There was still a little more than 26%.
He was still about 39% away from the 50.1% of absolute control.
Qin An had already spent 131 million Hong Kong dollars to acquire the 11.17% shares.
Fortunately, he had paid 90% of the funds with the System's Merger Card. Otherwise, this sum of money would have squeezed out all of his current liquid funds.
It was because of the system card.
In this 130 million acquisition.
Qin An's own funds had only contributed about 13 million yuan.
What the M A team needed to do next was to continue absorbing stocks.
At around 37%, it would directly initiate a tender offer to all shareholders.
At that time, another major shareholder, the current head of the board of directors of Crocodile Garments, Chen Jun.
He could either launch a tender offer with Qin An at the same time to see who had more money and who could acquire 50.1% of the shares in advance.
Or they could only leave the scene dejectedly and hand over the company they had brought up to others.
This was the cruelty of the capital market.
It was impossible to acquire a company overnight unless both parties were willing.
After dealing with the investment company's matters.
Qin An turned around and began to deal with the business of the electric fan company.
This company was the legacy left behind by his dead father, Qin Yang. Moreover, from the system's mission, its development prospects were also very good.
He wouldn't abandon her so easily.
A sample of a classical ceiling fan.
It had already been sent to a few foreign agents.
Before this.
Under Qin An's insistence, the factories in Hong Kong had already started mass production.
Qin An had already decided.
Even if the market in Europe and the United States was not good, he would still sell 100,000 electric fans.
He knew the difference between losing some money and getting the system reward.
Fortunately, the first feedback from the foreign agent had already reached Hong Kong.
A dealer in California was interested in this classical ceiling fan and placed an order for 10,000 units in Hong Kong.
It was a small number, but it still made everyone at Morningstar excited.
In just a few days, the company's warehouse had accumulated more than 5,000 of these electric fans that had just been produced.
It would be troublesome if they couldn't sell it.
The second mission was about to be completed.
Qin An was quite happy.
However, he turned around.
There were some problems with the acquisition of Crocodile Garments by Morningstar Investment Company.
That night.
A piece of news was broadcasted on TVP:
"Crocodile Garments, a well-known clothing company in Xiangjiang, is in a crisis. There was a company that already held 26.1% of the company's shares. It was the second largest shareholder after Chen Jun and Chen Sheng. Mr. Chen Jun said in an interview with this station that he would use all means to launch an anti-acquisition operation.”
He saw this news.
In his Repulse Bay villa, Qin An could not help but sit up straight.
He immediately called Liang Ande and Lin Guodong and asked them to come and find him.
The two managers of Morning Star Investment had obviously heard the news and rushed over.
"Did someone leak it?"
"No, I don't. The other party must have noticed it. When the shares exceeded 5%, we had already raised our cards once and the other party already knew of our existence.”
"I didn't expect Chen Jun to have such a big reaction.”
"Naturally. We wanted to steal his work, but he wasn't stupid. Of course he would resist.”
“……”
After arriving at Qin An's villa, Liang Ande and Lin Guodong had a quick conversation while Qin An listened at the side.
In the end.
Qin An didn't care.
"Just make an offer. His goal was to hold 51% of Crocodile's shares. The tender offer price was an appropriate premium to the current price. What was the current market value of Crocodile Garments?”
Lin Guodong was stunned for a moment.
He immediately said,"Because of our wanton absorption." Before the market closed today, the total market value of Crocodile Garments had exceeded 1.29 billion.”
"Then we'll launch a tender offer at a total market value of 1.8 billion. I don't believe that Chen Jun, that banana man, would dare to use money to fight with me.”
Qin An said.
The system helped him pay for his purchases.
Even if he wanted to acquire 51% of the shares, based on the total market value of 1.8 billion, 51% of the shares would only cost 918 million Hong Kong dollars.
918 million Hong Kong, the system would help pay 90% of the money.
He only needed to come up with 91.8 million
He could get 51% of the shares and absolute control of a company with a market value of at least 1 billion Hong Kong dollars.
It was a sure thing.
In short, there was this merger card given by the system.
Qin An wasn't afraid of a premium.
………………
This book comes from：m.funovel.com。