Chapter 2062 Holding Rogers

There are still many investments in the UK that are in contact. Li Zeju has sent back good news that the acquisition of Rogers Communications in Canada is in sight. .

Rogers Communications Corporation is Canada's second largest communication service provider, including TV, Internet, wired telephone and wireless telephone and other businesses, as well as publishing, media and other businesses.

If Li Zeju was not a Canadian citizen, this acquisition would definitely not be possible. It is impossible for Canada to allow foreign capital to acquire such an influential company.

So Li Zeju made some concessions and divested Rogers Media, publishing, TV stations and other businesses. As long as the cable TV network, telecommunications company and wireless communication company are three subsidiaries, the others can be eliminated.

Even if the other party is unwilling, then everyone can give them the Rogers sub-brand, and the Rogers brand is also not necessary. Of course, this price will be much lower.

The shareholders of Rogers Communications do not agree with this acquisition. They are listed companies. Once the three most important subsidiaries are sold, their share prices will inevitably plummet, causing the value of their other subsidiaries to decrease, and they will lose money.

In fact, if their chairman and eo hadn't passed away two years ago, they would never have sold Rogers Communications.

Based on their stock prices listed in New York at this time, plus their total share capital, the market value of Rogers Communications is only about 13 billion U.S. dollars. Whether Li Zeju finds someone to calculate or Feng Yu finds someone to calculate, this Values ​​are on the low side. Because the stock prices of communication companies will definitely rise in the future, the demand for networks will continue to increase in the future.

In fact, South Korea and China are among the best countries in terms of global network speed and charging price.

Needless to say, South Korea is a country with the best global network because of its small size and large investment. Although the fee is not low, it is not as high as that of the United States and island countries.

Huaxia is cheaper, because with the same length of optical cable, Huaxia's utilization rate is higher, and there are many people and densely populated.

After the acquisition of Rogers Communications, Feng Yu also plans to increase investment in network construction, to beat competitors in terms of speed, and use this to aggressively enter the US market.

After Li Zeju knew Feng Yu's prediction, he made a suggestion, that is to keep some shareholders of Rogers, and they just need to hold the shares.

The best way to enter the US market in the future is to merge with a US telecommunications company. Since it is necessary to give up some shares anyway, it is better to give up some now, and it will be easier to enter the US market in the future.

Of course, he and Feng Yu have the same idea. They cannot have absolute controlling rights, but they must at least guarantee more than 50% of the equity and voting rights, and ensure that they have the greatest power.

Even if possible, acquire as many voting shares as possible.

In this way, the Rogers brand can still be preserved, and among the shareholders of Rogers Communications, some of them hold a lot of shares in Sprint Communications of the United States. big plus.

Feng Yu agreed to this plan, but asked to hold as many voting rights as possible, even if it cost a little more money. It would be great if Sprint can merge over, or even merge.

Even if there is no controlling stake for the time being, as long as Feng Yu thinks, then the boss of this communication company must be Feng Yu, and no one is qualified to compete with Feng Yu for the right to speak.

But Feng Yu himself knows that he is not good at this at all. As long as the other party does not cheat his money, then it doesn't matter who is the boss. Anyway, this company can't enter the Chinese market, so let's make trouble in North America, or Europe. It doesn't matter.

If the communications company in the UK can also be acquired, then even if it is not merged, after some businesses are launched, it can also save a lot of costs.

Most of Changshi's funds are tied up in the UK. If they want to buy the voting shares in the hands of Rogers shareholders at a premium,

Incompetent.

It just so happened that the other party did not agree to be directly acquired by Changshi, so Feng Yu and Li Zejuyi combined, and the two re-registered a joint venture company in Canada according to the other party's request. Fengyu Holdings held 60% of the shares, and Changshi Owning 30% of the shares, Li Zeju personally owns 10% of the shares, and Li Zeju is the president of the company.

Rogers has temporarily suspended trading last week, and five of the seven largest major shareholders have already negotiated, and the remaining two are unwilling to sell. One of them is a pension fund of a certain province in Canada, and the other is also a Canadian state-owned asset.

It spent billions of dollars to acquire the shares in the hands of five major shareholders, mainly voting shares. Although the number of stocks they purchased only accounted for 57% of the total share capital, their voting rights already accounted for 73%. The other two Canadian state-owned assets had little say.

At the same time, cooperation negotiations with Sprint Communications of the United States are also underway. They will buy at least part of Sprint's stock and cooperate.

As for the final merger, Li Zeju said that it is difficult, but it is not impossible. The main reason is that once merged, the merged company will become one of the top communication companies in North America, and the threat to other communication companies is too great, so those companies will inevitably use some institutions such as trade organizations. To obstruct.

This needs to be done gradually, not overnight.

On the contrary, if the British communication company is acquired, the merger of the two parties will be a little easier, after all, Canada is also a British territory.

Moreover, Changshi itself also has communication business in Xiangjiang and Australia. When all these are merged together, the strength of the company will be greatly improved, and the cost can be well reduced. For example, some engineers and R&D institutions can save money. A lot of money.

It can even cooperate with Yidong Company in the Mainland. The two parties can cooperate in many aspects such as communication technology and long-distance telephone charges.

On behalf of Fengyu Holdings, Ralph went to work on the business over there. Ralph took care of the business in Canada himself. He knew that this was the business expansion that the boss valued most at the moment.

As for Feng Yu, he is still staying in the UK, waiting for Cameron's decision. And for the past few days, he was also with Elena.

Three days later, Cameron told Feng Yu through Li Chaoren that thl company can allow Feng Yu to take shares, but it cannot sell all of them to Feng Yu, and the controlling party cannot be Feng Yu.

Feng Yu doesn't care about this condition, as long as the other party allows the technology to be licensed to Huaxia enterprises. (to be continued...)