My 1999

Once the enterprise reaches the bankruptcy stage.

There is a certain order of priority for repaying bonds.

The first thing to be repaid is the wages and labor insurance fees owed by the bankrupt enterprise.

The next thing to be repaid is the taxes owed by the bankrupt enterprise.

Finally, there is the "bankruptcy debt", which mainly refers to the money owed by the bankrupt enterprise to citizens, legal persons or other organizations, mainly loans.

As the largest creditor bank of Seibu.

Although Seibu's book assets can cover total debts.

But taxes need to be paid and discounted in the process of asset realization.

Whether the remaining money can repay Ruihui's huge investment is a problem.

Therefore, ensuring the normal operation of Seibu and recovering the loan safely and orderly is the most favorable choice for Ruihui.

But there are not many institutions in the world that have the strength to take over Seibu.

It took a year to find, and in the end only Xu Liang met all the conditions.

The experience of Boss Xu's rise like a comet is an incredible miracle for anyone.

Hanhua, Hongmeng, Taihua, Kanghua, Facebook, have all become world-class giants in their respective fields.

The management ability is absolutely top-notch.

If he is willing to accept Seibu, Ruihui has absolute reason to believe that he can lead Seibu to turn the tide.

Xu Liang certainly knows the consequences of corporate bankruptcy, and he also knows that Ruihui will definitely not accept it.

He didn't expect Ruihui to accept it.

But what about the conditions? How can we negotiate later if we don't open a higher price at the beginning?

"I can give up the request for Seibu Group to go bankrupt, but you have to give me a $5 billion interest-free loan to solve the operational difficulties of Seibu Group.

The repayment period is increased to three years.

At the same time, help me solve the problems encountered in layoffs and operations."

Fujii Nobumi continued with a sigh of relief.

"No, $5 billion is too high, the repayment period is too long, and we can't agree to waive all the interest..."

Xu Liang smiled and said, "Then let's talk slowly, I have enough patience."

Fujii Nobumi said sincerely, "Mr. Xu, given Seibu's current situation, the sooner the negotiations are concluded, the better it will be for you."

"Mr. Fujii, please be clear.

Now I have not fully agreed to acquire Seibu. Unless the subsequent negotiations satisfy me, I can talk about operations.

Of course, I agree with your opinion.

I will send a negotiation team to talk to you when I go back today.

As for how long it will take to reach an agreement, it depends on your sincerity."

Looking deeply at the calm young man in front of him, Fujii Nobumi understood that he was asking for help in this negotiation and was at a disadvantage.

The conditions must be favorable.

At the same time, he also understood that there was no way to reach an agreement today.

He stood up slowly.

"I look forward to Xu Jun's negotiation team coming to Ruihui."

"They will be here within three days."

"Then I'll take my leave first."

"I'll see you off, Mr. Fujii."

After the other party left, Fukuda Yansi, who had not spoken, asked.

"Xu Jun, are you really going to acquire Seibu?"

"Isn't this what my father-in-law has always wanted?"

The eyes that seemed to be able to see through people's hearts made Fukuda Yansi, a veteran in the political arena, subconsciously avoid it.

"I just think that with your management ability, Seibu is a good investment opportunity. But whether to take over or not depends on your own ideas."

Xu Liang smiled and didn't go into it any further.

Everyone has selfish desires, and as long as they don't cross the line, he doesn't bother to care.

"It's getting late, I'll go back first. My father-in-law should go home early too."

Waving his hand, Xu Liang left with Huo Gang and Li Jinling.

Looking at the back figure going away, Fukuda Yansi opened his mouth, but in the end he didn't ask anything.

Until Xu Liang's back completely disappeared, he sighed deeply.

"Father, what's wrong?"

Just now, Xu Liang and Fujii Nobumi were so aggressive and confrontational that Fukuda Hideo didn't dare to speak.

He turned his head to look at his son. He used to think he was good.

Now he shrinks back.

"Go home."

Looking at his father's angry back, Fukuda Hideo was a little confused.

When he walked to the elevator shaft, he saw his uncle talking to his father.

Subconsciously, he slowed down and listened.

"...How did they talk?"

"There was some substantial progress, but not much."

Fukuda Yandeli talked about the content of the negotiation between the two.

Fukuda Yasuo smiled.

"Yandeli, you are wrong. Xu Liang's softening attitude is the biggest gain. The conditions can be discussed, as long as he is willing to buy it, it is enough."

Fukuda Yandeli thought about it and it was indeed the case.

"With Xu Jun's ability, he will definitely bring Seibu Group back to life and even become stronger."

Fukuda Yasuo looked excited.

"Then our Fukuda family will have a powerful ally in the business world."

"Brother, what if Xu Jun doesn't let Xinmei and her son inherit the Seibu Group...?"

"Don't worry, Xu Jun will definitely hand over the Seibu Group to Xinmei and her son."

Looking at his doubtful look, Fukuda Yasuo smiled and continued: "If Seibu is a normal operating company, what you said is possible.

But Seibu is suffering from heavy losses and is on the verge of bankruptcy.

He will never take such a company under his command. In case of failure in the end, Seibu will be even more in debt. Even if it can go bankrupt in the end, it will be a huge burden for him.

Instead, a trust was established to hand over Seibu to Xinmei's mother and son for inheritance.

He doesn't need to invest much money.

It can also reduce the policy risks encountered in the acquisition of Seibu.

This can be seen from his acquisition of Hynix in South Korea. "

Futian Yanji nodded, "Brother, would you like to come forward and talk to Xu Jun."

"No. None of us can step forward, otherwise things will only be self-defeating. We just need to wait quietly for the results."

"Hey, I understand."

Patted him on the shoulder.

"It's getting late, go back early."

"Hi."

They took him downstairs, put Yasuo Fukuda in the car, and watched him go away.

Futian Iwadera, who had always been very respectful and obedient, slowly stood up straight and looked at the car silhouette in the distance, with a hint of disappointment in his eyes.

He originally thought that after hearing the news from him, his eldest brother would use some of his resources to induce Xu Liang to leave the Seibu Group to Xinmei and his son.

Turns out this guy had nothing to lose.

His plan also failed.

"Father, it's time for us to go."

"Hideo?"

Looking at his son's questioning eyes.

"I am now certain that your uncle will definitely be elected prime minister next year."

Hideo Fukuda felt that his father was very clever.

As a middleman, my uncle settled the Seibu deal.

Seibu and Mizue will definitely support their uncle when the time comes.

The latter, in particular, has great power in Japan's political and business circles.

Uncle, who already had a certain advantage in the election, and with Miu Hui's support, his chances of winning naturally increased.

——

On the car back to the city.

"Mr. Xu, do we really want to acquire Seibu?" Li Jinling asked.

"Let's take a look at the final negotiation conditions. If there are enough concessions, we will acquire it as a limited liability company.

If the subsequent operations are effective, we will have one more large-scale enterprise under our control; if it fails, we will not lose anything if Seibu collapses. "

Li Jinling nodded slightly, "Mr. Xu, most of the corporate bonds issued by Seibu have fallen by half. If you decide to acquire them, we can repurchase a batch from the market.

You can definitely make a lot of money. "

A very large company like Seibu, which also operates hotels, real estate and other industries, will definitely issue large amounts of corporate bonds in order to raise funds.

With Seibu's operations in trouble, it is now almost bankrupt.

The book value of these bonds fell by almost 90%.

If you acquire it now, you will indeed be able to buy at the bottom.

Xu Liang thought for a while and shook his head.

"never mind.

Now we are negotiating with Mizue. Once we acquire Seibu's corporate bonds, Mizue's power in Japan's financial world will be easily noticed.

By then we will be passive in negotiations.

Another point, why do you think Mizue is so active in trying to sell Seibu to us? "

Li Jinling suddenly realized: "They have already bought the bottom."

"Definitely. As long as Seibu transfers it to us, with the reputation I have accumulated in the past few years, Seibu is sure that the price of corporate bonds will definitely increase.

Then they will make a lot of money.

In the end, even if I didn't get Seibu's operations back to normal, the company went bankrupt.

With this revenue, Ruihui can make up for the loss of bankruptcy and even make a fortune.

If I let Seibu develop better and Seibu's bonds continue to appreciate, Mizue will earn more.

They won't lose anything. "

Li Jinling: "No wonder Fujii Nobuhiro is so active. It turns out that he has prepared everything a long time ago and is just waiting for us to take the bait."

"How can the chairman of Ruihui, one of Japan's three major financial giants, be a simple person?" Xu Liang said with a smile.

After Li Jinling nodded, she looked at the boss who was still confident.

Compared to Fujii, the person next to me is even more difficult.

Looking at the night scene passing by outside the window, thoughts were flying in Xu Liang's mind.

Normally, he would not necessarily agree to Fujii Nobuhiro's acquisition of Seibu, even in the form of a limited company.

But it's different now.

The subprime mortgage crisis, the collapse of Lehman, soaring oil prices, and the European debt crisis.

Opportunities to make money from finance will come one after another.

It may be difficult to directly turn Seibu from losses to profits, but if the operation is done well, there is still a great chance of halving the debt.

Therefore, other conditions can be waived.

Only three points.

First, he had no intention of investing even a dime in Seibu. So he had to get a bank loan from Mizue. With the loan, he could invest in Japanese and U.S. stocks in Seibu's name.

Second, the interest rate must be low, preferably none.

Otherwise, the repayment pressure will be too great.

Third, try to get a three-year debt-free period. Even if three years is not enough, two years is still acceptable.

As long as you have these three points.

His hopes of turning Seibu around were greatly increased.

"By the way, there is also my cheap uncle 'Fukuda Yasuo' who asked me to acquire Seibu. He always has to pay some blood. If you want to hide behind the scenes and reap the benefits, it is not that cheap."

Xu Liang said.

"Brother Liang, we're home." Huo Gang in the passenger seat reminded.

Xu Liang nodded and said, "Sister Li, collect the information on Seibu in as much detail as possible and send it to me tomorrow. Also, by the way, notify Hanhua's Tokyo office and let them be responsible for negotiating with Ruihui."

"Mr. Xu, Hanhua's Tokyo office has been established for too short a time and does not have rich experience. Should we ask Hongyan to transfer someone to take charge?"

"No need. I already have a strategy in mind. Just let them talk about it. There is no need to make Hongyan work again."

Hongyan now devotes all his energy to scanning the market.

Xia Changsheng wants to increase the company's holdings of U.S. CDS bonds to more than $100 billion before the end of the year.

Nothing is as important as this.