Chapter 217 Acquisition Contact
All Xie Liozha’s knowledge of Monsanto came from a documentary about food safety called “Food Factory” in later generations. This documentary gave Xie Wenlong a new understanding of the American food industry at that time.
Seryozha knows from memory what kind of company Monsanto will be in the future. In Seryozha's time, Monsanto had become the unparalleled giant of the seed industry, the Microsoft of the gene industry. Why do you want to compare with Microsoft? Just like in the PC era, Microsoft owns more than 80% of the intellectual property rights of the software on personal PCs. The same is true of Monsanto, which develops new crop seeds by modifying and creating genes, and Monsanto has full intellectual property rights to these genes. Seeds planted in the ground will bloom and bear fruit. Even if these genes are spread to neighbors’ fields through pollen, Monsanto has the right to sue these completely passive farmers.
In the future, there will be no corn and soybean seeds without Monsanto genes on the US market. Growers are threatened by lawyers even for cleaning the seeds. Moreover, Monsanto's seeds are also absolutely powerful. Together with the roundup (Roundup) glyphosate herbicide produced by their company, it can eliminate almost all plants in the field except corn and soybeans.
But now, the company's reputation is only limited to the field of chemistry, but they have obviously begun to plan to enter the seed production industry. Just last year, they just acquired the famous soybean breeding company Seed Company.
If Seryozha wanted more detailed information on Monsanto, he could simply commission a consulting firm to do the research. Karim's several acquisitions during this period have done well, but if we look to the future, Monsanto must be included. Because in future generations, Monsanto will make planters all over the world submit to his feet.
The conversation between Seryozha and Karim didn't last long, because Seryozha was on vacation in the name of work, so these troublesome things were left to the people below. When there is a detailed plan, it is not too late for Seryozha to intervene.
In the next few days, Seryozha's other two beautiful wives also rushed to Vancouver to meet him, and their family enjoyed the luxurious life to the fullest. However, the employees of the investment department of the Romanov Company were so busy that they could hardly even take care of their meals. Because there are too many jobs, first of all, there are a series of problems brought about by the newly acquired Dakota Pasta Growers, because the Saskatchewan Wheat Consortium also has some American businesses, and the two companies must have a clear understanding of the scope of their operations. Only by making a series of adjustments can competition within the group be avoided. Although these things are easy to say, it may take nearly half a year to do them. The second is the board seat of the Canadian Fertilizer Company. Although Karim occupies one-third of the right to speak, Karim actually wants to completely acquire the company. Therefore, in the board of directors of the Canadian Fertilizer Company, the Romanov Company must find an ally who can even support the acquisition plan to support itself. In addition, can the products of the Canadian Fertilizer Company be provided to the Saskatchewan Wheat Consortium at a more favorable price? Further negotiations with the farmers served by Dakota Pasta Growers are also required.
Before the acquisition of Monsanto, there are still some things that must be done. The first thing is to figure out the current operating conditions of Monsanto, its shareholding structure and other issues. Now Monsanto is only the top ten chemical companies in the United States, and it is still a private company that has not been listed. In this case, publicly available market information is scarce. But Niu B's consulting company still brought a detailed investigation report to Serge Sha.
According to reports, the current Monsanto is still controlled by the founders, the Quinnyi family and the Monsanto family.
As long as the shares in the hands of these two families are settled, the rest of the matter will be much easier. While Karim was still worrying about how to get in touch with the other party, Griffith, the former CEO of Dakota Pasta Growers, volunteered to stand up and ask for a meeting with the other party on behalf of the Romanov Company. Karim knew that this was Griffith's initiative to show his favor in order to stay in the job. This is also good. The retention of the original management team is conducive to the reassurance of the acquired company, so Karim decided to give him this opportunity.
Griffith, with the mission, traveled from North Dakota to St. Louis, Missouri, to visit Monsanto's management in person. The two sides sat down for the first time to start the negotiation of the acquisition.
. Griffith lowered the price authorized by Karim and gave the other party a price. When the other party's CEO saw the price, his expression didn't change at all, and he just asked:
"Mr. Griffith, I would like to know why an agricultural company of yours is interested in a chemical company like ours, and with your company's current scale, and an all-cash acquisition, I am worried whether your company can come up with such a How much money?" Monsanto's CEO said bluntly.
"Although we are an agricultural company, more than half of the growers in North Dakota and South Dakota are our customers. We have a huge demand for your company's roundup (Roundup), in order to be more Good service to our customers, we hope to have our own pesticide production capacity!" Griffith prevaricated.
"I'm still curious about your company's financing ability. After all, the price you gave is as high as tens of billions, and your company's market value is less than this figure. I'm curious about your financing ability!" Monsanto's CEO asked ruthlessly .
"I have a credit certificate from Rothschild Bank in my hand, which is enough to prove that our financing ability is not a problem! And our guarantee is Yota Communications!" Griffith retorted indifferently.
"Yota communication? The Yota communication that sells mobile phones?" The other party asked incredulously.
"Yes, Yota Communications will provide guarantee for our financing this time! Can I discuss some substantive issues with you now?" Griffith said a little angrily, and the other party underestimated him again and again Even a well-mannered person would be angry with himself.
"Okay, Mr. Griffith! I can now take your acquisition as serious, and I will submit your acquisition request to our board of directors! We will inform you when we have a conclusion, this paragraph Please stay in St. Louis for a while, you can visit our company first, and we will be responsible for entertaining you!" Monsanto's CEO's attitude towards Griffith immediately changed 180 degrees.