America's Road to Wealth
Chapter 601 I'll Give You a Chance
When he came to Osaka, Abel’s main purpose was to negotiate with Goshiro Kumasuke and others, and he wanted to get a part of the control of the Osaka Stock Exchange.
In fact, in a few years, the Eastern Stock Exchange and the Big Stock Exchange will merge. After the merger of the two, it has become the top three exchange groups in the world, ranking third in the world only after the New York Stock Exchange and the Nasdaq Stock Exchange.
It's just that they didn't become the third place in the world for a long time, and the rapid rise of Huaxia made the Neon people quickly fall to the fifth and sixth place in finance, which can only be ranked above Euronext and the London Stock Exchange in Europe.
Now in 2003, there is no doubt that Neon's capital market and financial market are almost only below the United States, and even above London, the clone of Wall Street.
It has a stronger real economy and a larger population, and it is based in Asia, which is getting better and better economically.
In Neon's local financial market at this time, the combined market value of listed companies in the Orient Stock Exchange and Dazheng Stock Exchange is almost US$7 trillion.
Adding in the market capitalization of companies listed on the Nagoya Stock Exchange, it is well over $9 trillion.
This does not count futures, foreign exchange and other markets. If all other financial derivatives markets are included, the neon financial capital market at this time must have exceeded 12 trillion US dollars.
Although it is still not as big as the U.S. stock market at this time, it is after all the Papa Kingdom of the Neon people, the strongest empire in human history, and the country of capital that defeated the Red Bear. It is normal for the Neon people to be inferior. But with the size of their financial capital at this time, they can also be proud of any country in the world except the United States.
Through complex cross-shareholdings and a compromise exchange with Morgan and the others, Abel now holds a part of the shares of the New York Stock Exchange, which is short of the shares of the Nasdaq Stock Exchange.
Becoming a shareholder of these stock exchanges, even if the shareholding is relatively low, can be regarded as the real dealer behind the scenes, the kind that can even unplug the network cable if you are unhappy...
Now, I just seized the opportunity of Dazheng, and the other person is in Asia.
So this evening, the first day of neon.
Abel took his own think tanks and directly negotiated with the people from Kushiro Kumasuke and the Osaka Stock Exchange.
In short, as descendants of the five generations of Tomohiro, the father of the Osaka economy, the five generations of the Osaka family control about 35% of the shares of the Osaka Stock Exchange.
However, after World War II, the five-generation family has been in a period of decline, and it has not shown any signs of improvement until now.
With the passage of time, the legacy left by the five generations of friends is no longer enough to support the five generations of the family to continue to control so many shares of Dazheng. More and more people in Kansai are accusing Wudai Kumasuke of occupying the latrine and can’t do shit, and more and more voices are demanding that the Wudai family give up their shares in Daizheng.
Under the pressure of reality, the five-generation family, who also knew it was a crime, recently chose to compromise and began to look for buyers for Dazheng shares.
After hearing the news, at first, only the wealthy families in the Kansai area were very excited and interested.
That is the Osaka Stock Exchange, the second largest stock exchange in Neon, and its scale is almost 80% that of the Tokyo Stock Exchange. Being able to control or even just influence Dazheng means being able to influence the financial capital market of Neon to a certain extent.
The key is that this kind of asset guarantees income in drought and flood, and it is the highest quality asset. As long as it is a wealthy family, there is no one who is not tempted.
If everyone doesn't covet it, the five-generation family, which is one of the rich families in Kansai, will not be forced to hand over the shares.
It's just because their current strength is not enough to maintain it.
It was like this at first, but after the news spread later.
The bigwigs in Tokyo in the Kanto side stopped doing it when they heard it, saying that you in Osaka are also Neon people, and everyone is Neon people, why can’t we join?
The Kanto lords also joined the competition for the original shares of Dazheng held by the five generations of families.
This makes the stocks held by Wudai Xiongjie more valuable, and at the same time, it also puts more and more pressure on the Wudai family.
It is not very good for him to give these stocks to anyone. If he gave it to the Mitsui family, then Mitsubishi's Yanqi family might have objections. If he gave it to the people of Kanto, the people of Kansai would never spare him. If he leaves it to the Kansai people, then he will never want to go to Tokyo in the future.
In short, because it is too popular, Wudai Kumasuke has become very difficult to do.
And at this time, Wall Street and foreign financial capital, who learned that Kushiro Kumasuke wanted to sell the original shares of Dai Securities, also got involved.
Not only Wall Street, but the Germans, French, and British in Europe are all interested...
But for these countries, especially for Wall Street in the United States. Neon Up and Down is almost undefended, or difficult to fortify.
The big card is not the Eastern stock exchange, and it is not as sensitive as the Eastern stock exchange. Even as a listed company itself, about 1/10 of its shares are held by foreign capital.
From this perspective, these powerful foreign capitals are indeed qualified to compete for these shares.
With so many competitors, it would be a good thing if the five-generation family was strong enough. They could sell their stocks at a good price without offending others.
But this situation itself is not established. If the five-generation family still has this kind of strength, then they will not sell the original stock of Dazheng, which is like a hot potato.
Insufficient strength, one competitor is stronger than the other, no one in the Five Generations family can afford to offend, the situation becomes more and more troublesome and terrifying for Five Generations Kumasuke.
Ultimately, in the case of Abel who just recently came to Asia next door to South Korea.
The Mitsui family who wanted to get close to Abel so that the Mitsui family could obtain the backstage of one of the empire's super giants.
They felt that instead of being unable to grab other competitors, they might as well take the original stock of Dazheng in the hands of these five generations of bears as a gift for them to pay Abel.
For the Mitsui family, the largest shareholder of TSE, it is certainly a good thing to be able to obtain the original shares of TSE. There is no harm in not being able to get it, anyway, their influence in this country is already deep-rooted.
It belongs to the extent that when the neon is present, they can always be present. Compared with minor interests, the current Mitsui family wants overseas interests more.
If it is possible to use these original shares of Dazheng as a gift like a stepping stone, it will make Abel officially become friendly and close to the Mitsui family.
The Mitsui family is naturally willing to do this kind of thing that only requires effort and no money to borrow flowers to offer Buddha.
Moreover, in this way, the Mitsui family can also avoid competition with others, and Abel's identity can also discourage other competitors.
So after Mitsui communicated with the Godai family, Abel came to Osaka to negotiate with Godai Kumasuke in person.
For these hot potatoes, Wudai Xiongsuke might be reluctant to bear them before, thinking that they are the glory of the family ancestors, and selling them is a prodigal son.
After being tossed about for a few months this time, Wudai Kumasuke no longer has such an idea, and the sooner he can get rid of it, the better.
So the negotiation was very smooth, one wanted to sell and the other wanted to buy, and there was a neon top chaebol like the Mitsui family acting as an intermediary. The 35.6% of Dazheng’s original shares held by the five-generation family have signed an agreement of intent at a price of US$3.7 billion, and will be transferred to Smith Capital (Neon) Investment Group at that time.
The Smith Capital (Neon) Investment Group, a wholly-owned subsidiary of the Smith Financial Group, was established two years ago.
Originally, Dazheng, the core asset of neon finance, should not have sold so many shares to foreigners.
But here is neon, and the buyer is a bigwig on Wall Street, an upper-class figure in the United States.
After the sale agreement is reported to Neon's regulatory department, some people may object, and then veto the transaction as invalid.
If that's the case, then the Tokyo District Prosecutor's Office will have a new job.
Who says Neon is not a normal country? It is difficult for most normal countries to veto the acquisition of the Americans, let alone such an abnormal one as Neon.
As long as Abel is willing, it is obvious that the Mitsui family and the Five Generations family feel that he can make Tokyo compromise. At the same time, he can also make most of the neon buyers give up their hearts this time, after all, they really can't afford Abel Smith.
As for Wall Street and other foreign buyers, with the golden sign of Abe Smith, Wudai Kumasuke felt that he could not be afraid of them.
The negotiation process was very pleasant and ended after about an hour.
As a representative of the Mitsui family, Toko Mitsui participated in the whole process—in fact, he was just a witness or a mascot.
After the matter was over, it was just after seven o'clock in the evening. Five generations of Kumasuke very enthusiastically wanted to invite Abel to dinner, but Abel refused.
He had a better arrangement, and Toko Mitsui arranged it for him.
Don't get it wrong, it's a serious arrangement. After the negotiation with Godai Kumasuke, Abel met Mitsui Toko's father and uncle, Mitsui Suki and Mitsui Takaki brothers, at the same place.
The two brothers look very similar. According to Abel's aesthetic point of view, they are both handsome old men in their fifties. They are not at all as wretched as the neon old men who are played on some TV.
This is actually normal. If their genes were not good, they would not be able to give birth to a beautiful daughter like Mitsui Toko.
When we met, we were having dinner at the same time, which was a neon-style kaiseki meal. Kaiseki cuisine was originally a meal that the host invited guests to taste during the neon tea ceremony. But now it is not limited to the tea ceremony, and has become another high-end food culture with Neon characteristics that Neon has successfully promoted outward.
"Huaishi" refers to the meaning of a saint being surrounded by brown jade in Chinese culture. Its form is "one juice and three dishes" or "one juice and two dishes".
This thing is extremely exquisite, and it is more ritual than a serious French meal. Both tableware and food placement are very demanding. The portions of the food are small and considered a work of art by some ignorant people.
High-end kaiseki cuisine is expensive, but everyone's attention at this dinner is obviously not on the top-notch kaiseki diet.
"I am very grateful to the two of you for your help, allowing me to obtain these shares of the Osaka Stock Exchange."
At the table, Abel sat cross-legged, with Edward, David and Alan behind him.
He raised his glass, which was a neon sake cup, and the Mitsui brothers and Mitsui Toko sat opposite him.
"According to your banquet rules, I will toast you first."
Naturally, the Mitsui brothers didn't dare to say anything, and they finished the sake in their glasses before Abel.
After drinking a glass of sake, which was tasteless to Abel, he continued to smile and say:
"Okay, the matter with Mr. Wudai is over. Mr. Mitsui, should we talk about the matter between us now?"
"That's really great." Mitsui Koki immediately responded with a smile.
His younger brother, Toko Mitsui's father Mitsui Suki quickly added: "This is what we hope too."
Abel nodded, put down his wine glass, and tapped his fingers on the wooden table made of neon century-old beech and rare god-level hardwood comparable to huanghuali.
beep -
"First of all, what I proposed by Mr. Suki Mitsui, Sony Columbia Music Entertainment and Sony Pictures Entertainment, the two companies simultaneously carry out strategic cooperation with Smith Media, I doubt whether it will have any positive effect."
He looked at the two Mitsui brothers, whose faces were becoming suspicious because of his words, and continued in his voice:
"Sony has cultivated the market in the United States for more than ten years. The effect - I think you understand it. As for the reason, I think you also understand it."
The Mitsui brothers lowered their heads slightly and looked at each other.
How can you not understand, isn't it just being tricked by the Papa Kingdom to take over the offer, and after the success of the offer, there are various restrictions, both openly and secretly?
How high-spirited it was when Sony successfully acquired Columbia Film Group at a sky-high price of nearly US$6 billion.
You must know that it was 6 billion U.S. dollars in 1989, and the military expenditure disclosed by the Red Bears at that time was only 150 billion U.S. dollars.
In other words, Sony's acquisition of Columbia cost 4% of the Red Bear's military expenditure that year.
No matter how you look at it, it was a sky-high acquisition at that time, an outrageously expensive premium acquisition.
At that time, almost all the big neon consortiums were proud of entering the United States.
The neon people fantasize that things that cannot be obtained on the battlefield or in reality can be peacefully obtained commercially by means of economic means.
However, Gouzi is still Gouzi after all, and the dog leash and dog-beating stick are always there. Regardless of whether the dog is an Akita or some kind of mad dog, it cannot escape the control and sanctions of its owner.
After one operation, it only takes a few years. The Neon consortium was almost completely defeated, and they vomited back almost all the Americans they ate. After more than ten years, there is only Sony left who is still struggling and has been bloodletted...
It's not that the Mitsui family didn't think about giving up during the period, so the 6 billion US dollars is gone!
The Americans did not give this opportunity at all. When there was no one to take over, the Mitsui family could only allow Sony unlimited blood transfusions to support the Sony Columbia gang.
Fortunately, Sony Music is making money, otherwise the Mitsui family would die of depression.
In the parallel time and space, since taking over in 1989, Sony Columbia did not see profits for the first time until the successful shooting of Spider-Man. However, once the Spider-Man trilogy ended, Sony Columbia's profits began to cheat again.
If it weren't for the successful acquisition of MGM later, it is estimated that it will continue to lose money.
In this time and space, Sony Columbia has been robbed of its luck—someone used disgraceful and unfair means to abruptly snatch the IP copyright of Spider-Man from Sony Columbia.
MGM is also his now, and he also suppressed the two Sonys in the United States in an all-round way, which made the Mitsui family behind Sony extremely depressed.
But now the guy who caused all this is saying such things here.
If it weren't for the inferiority, the Mitsui brothers who looked at each other with their heads down would probably want to fight back violently and show him some color.
Seeing that the two brothers were silent, Abel chuckled lightly.
"Ha ha--"
"Okay, let me just say it straight." He said: "Strategic cooperation is meaningless. Americans don't recognize this. Over the past ten years, they have identified "Columbia", "Sony", and "Sony Columbia" as "Neo Columbia". Rainbow People's Things". As long as these names are there, no matter who you cooperate with, no matter how close your strategic cooperation is, it will be difficult to eliminate the discrimination and exclusion of you from the United States."
"If you really want to integrate into the United States, at least let Sony Entertainment integrate into the United States, there is only one way."
"The way is to completely join Smith Media and exist as a subsidiary of Smith Media!"
Brother Mitsui, who had always been very quiet, heard Abel's extreme method, and Suki Mitsui finally couldn't help but said:
"Mr. Smith, is this the result of us welcoming you to Neon and helping you in all aspects? We want to gain goodwill from you, but what you give us in return is to take away our things? Mr. Smith, Do you think this is appropriate?"
Abel didn't care about Mitsui Suki's anger, he waved his hand and said:
"Listen to me! Of course, Smith Media will not ask Sony to join empty-handed. We can directly merge into Smith Media at Sony's current market value in exchange for original shares of Smith Media's corresponding value."
"The current market value of Smith Media—"
Having said that, Abbott paused, and looked at the three people behind him.
Chief consultant Allen immediately said softly: "As of the latest market value, Smith Media is about 305.6 billion U.S. dollars."
"Did you hear that? Mr. Mitsui, the entertainment company with the largest market capitalization in the world!"
Abel smiled and looked back at the Mitsui brothers, "In order to express my goodwill, Smith Media can accept the merger at a value of 1.1 times the market value of Sony Entertainment. And there is no sale limit for these shares. With Smith Media's popularity in the market today Popularity, you can easily cash out these stocks."
"What you said is true?" Mitsui Takahiro said suddenly: "I mean the last condition, that the converted Smith Media shares can be cashed out freely? And can this clause be written in the transaction contract?"
Abel smiled and nodded, indicating that was what he meant.
This time the Mitsui brothers all raised their heads, all acting a little surprised.
For a long time, it is not that Sony has not thought about cashing out Sony Columbia.
Since entering the pit in 1989, they have really been purely losing money to gain a sense of presence. But because of the restrictions of the Americans, it is impossible to maintain a sense of existence.
Throughout Sony Columbia, 95% of the employees are Americans. The remaining 5% of employees are neon people, but none of them can hold important positions. Up to the chairman, CEO and important managers of various departments, all are Americans... Only some insignificant deputy positions can be filled by Nihong people.
To say that the Neon man is the boss of Sony Columbia is better to say that the Neon man is taken advantage of.
Except when Sony's parent company needed a blood transfusion due to losses, Neon people had a sense of presence in it, but at other times it really only left face.
In order to maintain this face that cannot be thrown away, Sony has already transfused nearly tens of billions of dollars. Even if the family business is as big as the Mitsui family, they cannot afford this bottomless pit.
However, the Neon people were not allowed to leave...or the value given was outrageous. If Sony really wanted to leave, he would have to bleed heavily.
In this business, the Mitsui family has lost nearly 20 billion US dollars in total losses over the past ten years. How could they accept losing their money?
Now Abel has given them a chance to leave the field, and also paid a 10% premium, which really made the Mitsui brothers a little bit excited.
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