Chapter 2305: Sharp Share Acquisition

What Xiao Qi told Gao Chuan Huishu that he still had arrangements in the afternoon was not an excuse.

When he came out from Sun Zhenyi's side, he turned around and came to a high-end coffee shop. Sitting opposite him was a fat Caucasian man - Bao Lijie, Vice President of Citibank Japan Head Office.

Two years ago, when Xiao Qi came to Japan for the first time, Bao Lijie was only the deputy manager of the asset business department of the head office of Citibank Japan. In just two years, he directly climbed to the position of vice president of the head office. have to.

On the one hand, Bao Lijie's ability is indeed outstanding, and on the other hand, it is also because he is from Jabil's department.

When the Citibank Asia Department represented by Jabil is in the top position, Bao Lijie will of course be able to go a step further and become the top five powerful figures in the head office of Citibank Japan.

However, the boy's emotion towards Bao Lijie was far less than Bao Lijie's emotion towards him.

The first time we met was more than two years ago. At that time, Xiao Qi got angry with Goldman Sachs and Merrill Lynch and signed a gambling agreement with them angrily. Then he came to Japan to purchase parts.

At that time, Citibank only regarded Xiao Qi as a potential customer who could develop business. Deep down in Bao Lijie's heart, he was skeptical about whether Xiao Qi's products would be successful.

But the facts have proved that Xiao Qi is stronger than everyone imagined. In just two years, he soared into the sky and became the richest man in the world. They also have to admit that none of their chiefs are Xiao Qi's opponents in terms of personal wealth.

And Xiao Qi is not just rich at all.

The fairy company in his hands has become the overlord of the world's smart electronics industry, crushing Nokia and Motorola in the communications industry before, and firmly suppressing software computer industry giants such as Microsoft and Apple.

Coupled with Xiao Qi's absolute controlling stake, and APP STORE, which is fully supported by Samsung and Apple, in the field of smart electronics, Fairy Company has a great say, and no one can ignore it.

Not to mention him Bao Lijie, it is Jabil, the current president of Citibank. Even seeing Xiao Qi should be respectful.

While Bao Lijie was thinking, Xiao Qi was already drinking milk tea, and spoke with a smile. "Mr. Bao Lijie, you have enjoyed a lot in Japan in the past two years. I think you are a little bit reluctant to leave, don't you?"

"Hehe, yes. Compared with the United States, there are exquisite food, a good environment, and beautiful and docile women. I really want to settle in Japan forever!" Bao Lijie replied with a smile.

He is a very enjoyable person.

Citibank is very powerful in Japan, and an ordinary middle-level manager can directly talk to some high-level executives. It goes without saying that Bao Lijie came from the US headquarters.

On weekdays, he is the object of Japanese people's favor. Japanese people's methods of currying favor are naturally common in the world, such as women, antiques, money, food...etc.

But Bao Lijie is not an idiot. He enjoys what he should enjoy, and refuses what he should refuse. He will never be negligent or let go of his work just because he ate someone else's food.

The Japanese are often helpless by his anger, but Bao Lijie is from the American father, and the Japanese can only hold back their anger.

For this kind of principled person, Xiao Qi will feel at ease when he cooperates with him.

The reason why Xiao Qi came to Japan was the second day. He came to Bao Lijie, of course, not because of reminiscing about the past, but because of business.

A major event that is not inferior to the acquisition of Fast Retailing Co., Ltd. and the monopoly of SONY's high-end cameras-acquisition of Sharp's shares!

In Japan, Sharp can be described as a very powerful company. It ranks 225th in the world, has assets of more than 20 billion U.S. dollars, and is one of the leading behemoths in the Kansai region.

Sharp's most powerful technology, of course, is their LCD screen technology.

In fact, the LCD screen technology was invented by Sharp, and even when the LCD screens of Samsung and Baodao manufacturers are in full swing, they dare not say that they are the first. Because Sharp's technology is still number one.

Strange isn't it?

Why does Sharp, which owns the best technology and is the inventor of the technology, fail to make much money in this era when LCD TVs, LCD panels, and LCD mobile phone screens are sweeping the world?

The reason is simple, Sharp started in the wrong direction.

They look forward to using the most advanced technology to conquer high-end customers in Europe and America.

But I didn't expect that even rich people may not necessarily buy high-end LCD TVs, screens, etc. worth tens of thousands.

On the contrary, South Korean and Baodao brands with medium technology and low prices directly swept the world and made a lot of money.

When Sharp reacted, the market was already occupied by these manufacturers, and they couldn't get involved at all.

In this highly competitive market, once you lose the upper hand, you will lose the opportunity step by step.

Such is the case with Sharp.

Xiao Qi remembered that in the past few years, Sharp went downhill all the way, and finally seemed to be one step into the crisis of bankruptcy. I have to say that these Japanese people are too rigid. A giant company is actually made like this by them. , is purely looking for death, no one can help.

Of course, it was not only Xiao Qi who realized this, but also the old fox Li Jianxi.

When he brought Han Jiaer to Rongcheng last time, he discussed with Xiao Qi about the acquisition of shares in Sharp Corporation.

On the one hand, if you can hold Sharp, you will take advantage of the trend. If you can't, you will use the shares in your hand to exchange technology with Sharp.

But the two still prefer that Samsung and Fairy can control Sharp.

Although the anti-foreign sentiment in Japan is very serious, and although the Japanese courts can also rule that the acquisition is invalid, it is not too difficult if Samsung and Fairy Company join forces to acquire a Sharp company in Japan.

After all, Sharp is not SONY, not Toyota, not Mitsubishi.

Many of Sharp's technologies have been transferred to clubs among the six major conglomerates such as Toshiba, Panasonic, Hitachi, and SONY through technology exchanges, etc., and they are not absolutely indispensable.

On the contrary, due to continuous operational errors, Sharp is in a very bad situation. Maybe the Japanese still hope that someone can buy Sharp, so that Sharp can be revived again! ——Anyway, as long as Sharp is in Japan and can provide employment and create wealth for Japan, it doesn't matter if foreigners buy it.

It's not like there was no such example in the previous life.

Guo Taiming bought 10% of Sharp’s shares in 2012. At that time, due to huge losses and the Japanese nuclear leak, the market value of Sharp Corporation plummeted. Guo Taiming bought 10% of the shares for 850 million US dollars—basically only It is worth 8.5 billion U.S. dollars, which is almost a little more than a third of what it is now.

At first, Guo Taiming thought he had succeeded in bottom-hunting, but after half a year, Sharp’s stock price plummeted by 70% compared to before, only having a market value of about 2.6 billion US dollars, which made Guo Taiming dumbfounded.

At that time, there were some Baodao businessmen who urged Guo Taiming to buy more shares, but Guo Taiming was beaten to death and stopped doing this business.

It can also be seen from this that Sharp's acquisition is not as difficult as imagined, but it is not so easy.

Because just when Sharp's market value fell to 2.6 billion U.S. dollars, Japan's Mizuho Industrial Bank and Japan-Mitsubishi UFJ Bank immediately gave Sharp a loan of 2.6 billion U.S. dollars to help them restructure.

What does it mean to give a loan of 2.6 billion U.S. dollars to a company with a market value of only 2.6 billion U.S. dollars?

Of course, it means that the Japanese don't want to see Sharp fall, and they don't want to see others take advantage of it! !

Therefore, after knowing this rule, Xiao Qi has no plan to finally buy the bottom line. The sooner he can control Sharp in his hands, the sooner he can realize his strategy.

In terms of specific operations, Xiao Qi asked Citigroup to help buy shares, and Li Jianxi asked UBS to buy shares.

Seven months have passed since the start of the commission, and Xiao Qi naturally pays close attention to the general progress. Now that he is in Japan, he naturally asks Bao Lijie for more details.

"Sharp's performance has continued to decline in recent years, and it has also been affected by the financial crisis. The stock price has plummeted from 25 billion US dollars to about 20 billion." Bao Lijie talked about his insights and achievements, "In the next one or two years, they There may still be a decline, but the range should not be too large. Under our operation, we have now acquired 10% of Sharp’s shares for only 2.2 billion U.S. dollars. I suggest that we should continue to acquire more shares of Sharp, so that Let you gain a greater voice in Sharp."

"How about Samsung?" Xiao Qi asked noncommittally.

"UBS bought about 15% and spent a little more than us, but I don't think they have any plans to sell any more," Bao Lijie said.

"How many shares do you think we should have?" Xiao Qi asked with a smile.

"If it's us Americans, 30% is enough." Bao Lijie said seriously, "But you are from Hua, so I think it should be more than 51% of the absolute controlling stake, which is the most secure of."

"51%?" Xiao Qi shook his head, "The Japanese will not release so many shares."

"It's true, if that's the case, you and Li Jianxi will occupy 66% of the shares, and Sharp will never belong to Japan again." Bao Lijie also sighed.

"Sharp is very useful in my plan. But if there is too much, it will not be of much use." Xiao Qi pondered, "Continue to acquire as soon as possible, the first step is to reach 30%!"

"yes!"

Bao Lijie didn't ask any further questions. Since Xiao Qi had made his decision, Citigroup, as the entrusted party, should just follow suit. (to be continued ~^~)