Chapter 1912 Sky-High Compensation
The majestic richest man in the world wants to hide from others, but Feng Yu has to do so. There is no way, the richest man in the world is more attractive than any big star.
Feng Yu doesn't want his life to be disturbed by various media every day. His houses in Beijing and Bingcheng are all closed villas built by Taihua Land. The security is very strict, and outsiders can't get in.
Many rich people have been stolen~photographed by reporters, which is very annoying. In the minds of many wealthy people, the media should be when I give you news, you come to blow it up, and when I don’t give you news, you don’t come to dig around. It’s better for everyone to keep a certain distance.
When Fu Guangzheng was in Xiangjiang, he often made headlines in the entertainment section because he was dating a starlet. Even now, Li Zekai often makes headlines on the entertainment page, which makes Li Chaoren very unhappy.
If his son's achievements in business are reported by the media, he will be very happy, but where is the face of the Li family going to date starlets every day?
Most of those who like to make headlines in the media rely on this to increase their exposure and popularity, so that they can make more money.
This is not the case with Feng Yu. Many of his businesses don’t need media coverage at all, and he can still earn a lot of money, such as wind and rain consulting. He wishes to keep a low profile.
Even in other businesses, he hopes that others will notice that company, that brand, not him. But the more this happened, the more curious others became, and the more they wanted to read news about Feng Yu.
The only thing Feng Yu diverts everyone's attention is his social account. Such as Weibo, Twitter, Chinese.com or Facebook, people feel that he is not so mysterious, but also a real person with his own emotions.
After two days in Paris, Elena left, and Feng Yu also flew to the UK. The Rothschild family has reached the final stage of price negotiation on the acquisition of Lituo Group.
In other words, Lituo Group's board of directors has basically agreed to be acquired by Polar Bear Mining Group, depending on the final conditions.
Lituo Group requires that the company's headquarters and important branches cannot be relocated, that is, the branches in the United Kingdom, Australia and Canada must continue to remain.
This is not only related to the interests of their shareholders, but also the interests of those countries and the interests of the company's employees.
This point, Feng Yu can agree, it is nothing more than taxation, social investment and so on, which is not a problem. If those countries target them in the future, they will withdraw their investment at worst. If you don't believe them, they dare to do more excessive moves. Standing behind Feng Yu and Kirilenko are China and Russia, and the United Kingdom and the United States are tied together, and they have to weigh whether they can be provoked.
In this day and age, wars have not disappeared, but no one dares to start a war between big countries. Both sides compromise with each other in terms of face and interests. Occasionally, it is enough for one side to gain the upper hand .
The board of directors of Lituo Group also demanded the acquisition at a 30% premium to the market value, saying that this is the true value of their company.
Because Kirilenko arranged for someone to acquire Lituo Group's shares listed in London, Australia and New York, the stock price of Lituo Group has increased a bit. Now, the market value is about 110 billion US dollars based on the stock market .
The premium is 30%, which is 143 billion U.S. dollars. This price is lower than Feng Yu's highest price of 150 billion U.S. dollars. The Rothschild family is really powerful, and the price is really low good.
Of course, there is also the relationship between Li Chaoren and Huaxia Aluminum. They have influenced the decisions of some shareholders or directors, preventing the board of directors from asking too high a price. Of course, it is also related to the fact that the price of iron ore is not so high at this time.
In particular, Huaxia Aluminum originally said that it would cooperate with Lituo Group, either by purchasing bonds or establishing a joint venture company, but now it suddenly backtracked, which made Lituo Group's plans completely messed up, and there was a problem with funding.
The Rothschild family persuaded other directors and shareholders,
Let them take advantage of the impact of the current economic crisis to acquire some other companies whose market value is lower than the real value, and they will definitely make a lot of money in the future, even if they only invest in some stocks, they will definitely not lose money.
In addition, Feng Yu discussed with Kirilenko, let Skinner continue to serve as the chairman of Lituo Group, and even concurrently serve as the CEO of Polar Bear Mining Group, which made Skinner, the director of Lituo Group at this time, Long, the first one expressed his willingness to accept the acquisition of Polar Bear Mining Group.
Skinner has served as the chairman of Lituo Group for a long time, and has great influence on the board of directors. If he continues to serve, he will not only have power, but in addition to a high salary, he can also receive stock awards or stock subscription awards every year What, these are also interests.
Driven by the satisfaction of desire for power and interests, Skinner also completely fell to the side of Polar Bear Mining Group, and applied for the suspension of Lituo Group's stock, making the acquisition of Polar Bear Mining Group easier.
At this time, the Polar Bear Mining Group has acquired Lituo Group shares worth about 20 billion US dollars in the stock market, and is already the largest shareholder of Lituo Group.
The next step is to acquire the Lituo Group as a whole, and the funds need to be placed in the bank for supervision. That is to say, Feng Yu and the others have to put more than 140 billion US dollars in their account there, and they cannot move until they are approved. .
Here, there are some risks involved.
In the previous life, Huaxia was more famous for Xinhuadu's acquisition of Yunding Baiyao, which cost more than 200 million yuan and put it in the account for supervision. After the two parties negotiated the terms, they were finally stopped by the local government.
The more than two billion yuan has been released for almost a year, and the funds are seriously idle, and I have made a lot of less money, and I was laughed at by my peers.
There have been precedents for this kind of situation in foreign countries, that is, you have discussed with your company's board of directors, and you sign and agree, then you must work hard to make this acquisition a success.
Our funds are left idle in the account. If the final approval is not passed, we will lose a lot of money. You have to bear this risk, or you can find an insurance company to buy us an insurance to bear it.
If it is an acquisition with a small amount, such as one or two billion, then many insurance companies will provide this kind of insurance, but this time it is hundreds of billions of dollars. How many insurance companies can afford it?
Even if you can eat it, how much is the insurance money?
Lituo Group then decided that according to the industry regulations, they can also bear this risk directly, that is, once the acquisition fails to pass the approval, they will pay the acquirer a certain percentage of compensation according to the length of time.
Feng Yu and the Rothschild family requested that the compensation ratio be as high as possible, because this is the largest cash acquisition in history, and the risk is too high.
The Rothschild family did not disappoint Feng Yu, and finally negotiated a compensation plan with a minimum of 5% and a maximum of 10%. That is to say, if the approval fails, Lituo Group must at least compensate Feng Yu Their compensation of more than 7 billion U.S. dollars, the highest compensation is more than 14 billion U.S. dollars!
This compensation has reached the highest in history!
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