Text Chapter 1350: Acquisition of Ferretti
Many people from the Italian Faraday Group came, but more of them were their creditors. Coming here this time is a critical moment, which is related to whether they can finally get cash from the Faraday Group. And the man in front of him who got off such an arrogant plane is the key to this matter.
Among the creditors, Jessie Zhou has read the information, and some of them maintain a negotiable attitude towards converting debts into shares, while others are determined to get the money. Zhou Jiexi also took advantage of this loophole, and because of the economic downturn, he was able to obtain the controlling stake in this company at a low price.
After turning over the welcome and greetings, everyone is not here to pick him up. The key is that the location of the discussion is near here, and everyone has the same idea, so many people came to see it.
At first, Zhou Jiexi planned to keep one or two of the major creditors to share some of the financial pressure of "Let's, ※.≥★.▽, but now there are too many rich men in the country, so they can share the remaining 100 without them. 25% of the shares, if Zhou Jiexi didn't think the selling value was low now, it would be enough for him to keep 51% in his hand, and take another 24% ready-made money.
Anyway, talking works, as long as fifty one is enough.
As for what to say if there is less equity, there will be less dividends. Zhou Jiexi absolutely scoffed. This company doesn't know how long it will take to make money. Even if it makes money, it will mostly be used for company expansion. According to the previous plan, it must build a shipyard in Tianchao. An investment cannot escape.
The company has several shipyards around the world with so many employees, all of which cost money. The company earns hundreds of millions of euros every year, and the net profit is only tens of millions. He doesn't even bother to calculate the ratio, and there is no comparison with his other companies.
The net profit of each restaurant in Sky City exceeds 20 million US dollars. Remember, it is each branch. According to the current profit model of Baoziwang, after deducting the promotion and advertising expenses, the profit of each restaurant ranges from 3 million to 4 million US dollars, which is definitely the top treatment in the fast food restaurant industry.
However, including advertising costs, etc., the average cost per family is about one million US dollars. It can be seen that the evil promotion expenses accounted for how much of his profit, and this money can't be stopped, and the more he spends, the more he spends. In the future, if there are more stores, we will naturally be able to spend more. Now we advertise in several states with good economies in the United States, and in the future we will advertise nationwide.
In other words, if you go abroad to advertise, you can't save money, and you don't even want to get it back into your own pocket. It's more used for expansion. Zhou Jiexi understands a truth in the United States. This is not about how much money a store can make, but how big you can open the store.
It is never aimed at the profit of the store, but more of the money after financing and listing. In that case, stocks are considered money, and they are still a lot of money. Your store is exhausted for a year, and it is only a few million, but once you go public, you may get a market value of several hundred million.
This is the equivalent of decades of hard work. And you only need to pay a part of the equity to get it. In the future, with more financing, you can expand and start a bigger business, and the stock will be more valuable. Profit and dividends are all floating clouds. Only by making the cake bigger can you eat more cakes.
Zhou Jiexi was deeply affected. If a domestic company does not go public, it can be passed on for a long time, just like it belongs to your own family. But in foreign countries, only by listing a company can it be passed down for a long time. This is the way to understand the two concepts. He doesn't know which one is good or bad, but it's enough to make money.
Faraday Group, Zhou Jiexi just thinks that after the company is acquired, it will be operated in the Chinese Empire, and after getting good results, it will be listed on the market, so that the money he puts in can gain another value-added value. After all, the company is used as collateral. Loans require a lot of interest every year, how can there be stocks!
Zhou Jiexi came to Italy to settle the matter, and this has been in operation for several months. After successfully excluding the people from Dongshan Company, they made a guarantee with the creditors, and Zhou Jiexi came to sign the check and the contract today.
But looking at the smiling faces of these guys, Zhou Jiexi felt so distressed!
He didn't visit any shipyards. He had already seen them in India, and the shipyards were not like that. There was nothing to see.
He went directly to the conference room to negotiate, and he brought two billion US dollars over. He definitely had money in his pocket and a peace of mind. It is said that it is a negotiation, but in fact it is almost the same. When Zhou Jiexi came, he had read the memorandum signed by his subordinates.
According to the usual pattern, the lawyers brought in this batch first review the legal documents and information files. This is the normal way to go, don't look at the trouble, but if there is a problem in it, it will be really troublesome to deal with it later. In particular, this kind of multi-party transaction involving debt-for-equity and equity-for-cash transactions needs to deal with legal issues.
For a few hours, everyone has free time, try to find some fun to do, Zhou Jiexi chatted with the former chairman of the Faraday Group, and this time he will be the chairman of the company. As for this Mr. Faraday, he will be the executive officer of the company in the future. This old guy is still very capable, but the front is in the wrong direction. In the future, it will be much better for the board of directors to watch from behind.
"I plan to keep some cash in the company. The European market has declined, just like his market, a bit dead. But Asia is different. There is a piece of rich, fat and delicious meat, so it is necessary to be there. Build our shipyard." Zhou Jiexi said to Ferretti.
Ferretti also agreed with this opinion: "When we were negotiating with Dongsan Group, we considered joining them, so that we can successfully preserve Ferretti and enter this new market!"
"We have reached an agreement on this point, then my future problems will basically disappear!" Zhou Jiexi laughed immediately. He hasn't told him about the listing. I believe that those who work part-time, those who have created a brand, must have different ideas!
However, since he can sell Ferretti now, it is not a big deal if he wants to go public, but he has not signed the contract yet, so Zhou Jiexi is a little worried about saying it.
"The company will also have several other shareholders. We will introduce excellent management and form the company's board of directors with us. I am a professional, and I like to leave it to professional people to handle. (Including listed companies, or selling Companies come from professionals) However, I also believe that collective wisdom is definitely higher than individual wisdom!"
Ferretti's eyes brightened. This condition was mentioned at the beginning, and it was also guaranteed by Zhou Jiexi. This is better than that company in Tianchao, and it is also the reason why he chose Zhou Jiexi. Now that he said it in front of him, it seems that he I will continue to work in this company, and the position is still not low.
"As the best talent in the company, I definitely hope that you can join the board of directors in the future. But I still have to ask you about this matter first!" Zhou Jiexi looked at him and asked.
"Of course I agree! And it's a great honor!" Ferretti said immediately. For mobile phone users, please visit http://m.piaotian.net