My 1999
Chapter 910: Each side takes a step back
"The market value of the new company after the merger of Vivendi Network and Sina is too low at 18 billion US dollars. Yahoo Japan now has a market value of 40 billion US dollars, and the valuation of the new company should be at least 30 billion US dollars." Xu Liang said.
"Mr. Xu is in the Internet business and knows the strength of Yahoo Japan better than us. The reason why they have the current market value is not just because of the portal website.
It is the combination of e-commerce, search engines and other businesses that has the current market value." Bernard said.
"Sina is not just a portal website, it is also the largest forum in East Asia and Southeast Asia, the largest automotive vertical business website, the largest vertical real estate website, and also the largest electronic game portal..."
"But Vivendi Network is just a portal, and although the Asian market is developing rapidly, the value of a single user is far less than that of Europe." Bernard interrupted.
The two sides exchanged sharp words and refused to give in.
It was not until the afternoon that the cooperation agreement was finally finalized.
The new company after the merger of Sina and Vivendi Network negotiated with a base of 22 billion US dollars.
The new company took out 25% of the equity and gave it to the six major families to share.
Because Sina has an AB share structure, the voting rights they requested are actually very limited.
Originally, Bernard was going to take advantage of the lack of voting rights to ask for more shares, but was beaten back by Xu Liang.
This difficult negotiation lasted until the evening, and the two sides signed the draft contract.
The moment the name was signed.
Xu Liang couldn't help but breathe a sigh of relief.
"It's finally over."
Not only him, Bernard, Muriez, Widmore, François Pinault and others also breathed a sigh of relief.
They were also afraid of breaking up with Xu Liang.
"Dear Xu, welcome to join the big family of France. In the future, we will be together. If Vivendi Group encounters difficulties in operation, you can come to me." Bernard smiled.
"It is also my honor to work with you. You can rest assured that your company's products can directly enter the channels of Kelong and No. 1 Store in the future."
Hearing him say this, the joy on the faces of several people became even stronger.
For a while, the guests and hosts were all happy, and there was no sign that they were still in a life-and-death situation just now.
Businessmen, all hypocritical!
After sending these greedy villains away, Christina happily hugged his right arm.
"Dear, it's finally over."
"Don't be too happy yet."
The beauty's face turned pale instantly, "Are there other forces blocking us from acquiring Vivendi?"
"It's highly unlikely. In France, no one's power can exceed the alliance of the six major families."
Patting her swollen chest, Christina breathed a sigh of relief.
"That's good. I'm really afraid of doing it again, it's too torturous."
This acquisition of Vivendi Group was really too tortuous.
After Jean Foch's betrayal, Vincent Borore's acquisition war, and the six major families' taking advantage of the opportunity to make money.
It took nearly two months, and finally the target was taken down.
Not to mention Christina, even Xu Liang himself didn't want to do it again.
"Although the overall situation is now settled on the surface, we can't relax as long as things are not really over." Xu Liang warned.
Christina nodded solemnly.
Next, she will continue to acquire shares of Vivendi Group to lay the foundation for complete privatization in the future.
So the matter is indeed not over.
It was already late, and everyone was tired of fighting wits and courage with Bernard and others.
Just announce to get off work.
Back home.
Sofia was playing with the two little guys.
Wenping and Wenshan both liked her very much.
Seeing the two come in.
"Dad, Mom."
The two little guys staggered over.
Xu Liang went forward to pick up his daughter, and Christina picked up his son. After a few affectionate words, they asked: "Sophia, are they naughty?"
"Derren and Chris are both very good."
"Derren is fine, Chris must be very naughty."
As she said, Christina's slender fingers tapped her son's tender little nose.
"By the way, how is your recovery?" Christina suddenly asked.
Sofia was a little at a loss, and after taking a slight breath, she stammered.
"It's almost done."
"Come to the room together tonight. We need to have a good time today."
Kristina winked at Xu Liang.
Xu Liang smiled. After experiencing the suppression of the six major families, it's finally over.
Kristina wants to relax, and he wants to relax too.
After dinner.
After coaxing the two little guys to sleep, the three of them came to the bedroom.
With the experience of being together last time, Sofia's tolerance is indeed stronger.
Although she is still far inferior to Christina, she is helping her.
Xu Liang was also completely released.
After a simple bath, the two beauties nestled in Xu Liang's arms, one on the left and one on the right, and the three of them enjoyed the afterglow of the climax together.
After a long time.
"In the next few years, you take Sofia with you and train her well." Xu Liang said.
Kristina looked up at him. After being together for a long time, she also figured out her man's preferences.
First, virginity.
Second, tall and plump queen type.
Even if she is not a queen, she should be trained in this direction.
"Don't worry, I will definitely train you to be an excellent strong woman."
Xu Liang smiled and patted her plump mounds.
"I'm waiting to see your results."
After finishing his words, he turned his head.
"Sofia, are you German?"
"Yes. My home is in Ottobrunn, Germany."
"Ottobrunn?"
Xu Liang had never heard of this place.
"Ottobrunn is a municipality in the German state of Bavaria and a member of the Munich City Circle..." Sofia explained.
Xu Liang roughly understood where Otto Brun was.
He still knows Munich.
After chatting briefly for a while, Xu Liang heard a faint snore in his ears.
When she turned around, she saw that Christina had fallen asleep.
Under the pressure of the six major families these days, she hasn't had much rest.
Now I suddenly relaxed, and Xu Liang calmed my body and mind. I was fully relaxed both mentally and physically, and I fell asleep quickly.
He patted Sophia's erect mound and said, "Go to sleep."
"Um."
She was exhausted too.
…
the next day.
A refreshed Xu Liang soon received the good news from Jean Foch, and the investigation letter from the Paris Securities and Exchange Commission was withdrawn.
After getting the news, Christina went to work excitedly.
She wants to arrange the acquisition of Vivendi's shares immediately.
Sophia, who had recovered, was also taken away by her.
Xu Liang did not arrange work and spent one day with his children.
Another week has passed.
Christina Investment Company officially announced that it has acquired 50.1% of the shares of Vivendi Group.
Vivendi Group's share price fell in response.
After all, Christina Investment Company’s leveraged acquisition of Vivendi Group cannot be hidden from anyone.
Now holding more than half of the shares, the two companies have merged their finances, and Vivendi Group has suddenly been saddled with 11 billion euros of debt.
The group's total debt has reached a high of nearly 20 billion euros.
It is only slightly less than the 23.3 billion euros of debt in 2002.
But in 2002, Vivendi Group's assets were even larger. At that time, it could still repay debts by selling off assets. Now it will undoubtedly be more difficult to repay such huge debts.
"Mr. Xu, Mr. Dressy Bollore is here." Lu Hui opened the door and came in.
"Let him in."
Not long after, Dracy Borore, wearing a brown suit, strode in with a hint of anger in his eyes.
Xu Liang smiled lightly, stood up and greeted him.
"Mr. de Lacy, CEO of the Bollore Group, congratulations."
Dracy took a deep breath, shook hands with the man in front of him, and said in a cold tone.
"Mr. Xu, I really should thank you. I just took over the position of CEO of Bolore Group three days ago, and you gave me a big gift."
Xu Liang smiled and said: "Big gift? I don't remember that I gave you a gift."
"Vivendi Group's share price has fallen by 13.7 billion euros, and it continues to fall. The net value of the 21.7% stake in Vivendi Group held by Borlore Group has nearly doubled."
"This is what Mr. Dressy is talking about." Xu Liang sat down, crossed his legs, and chuckled, "Isn't this a normal thing? Anyone who has entered the capital market has heard a saying: Finance has risks. Investment needs to be cautious.
If you are not vigilant enough and your investment suffers losses, why do you still blame me?
I'm not your father, so I have no obligation to help you. "
"you……"
Dracy took a deep breath.
He walked to the opposite side of Xu Liang and sat down.
"Mr. Xu, it's time to fulfill your original promise."
After becoming the CEO of Bolore Group, he urgently needed results to stabilize his position within the company.
"I'm a person who always keeps my promises."
Waved.
Lu Hui brought over two contracts.
“Please take a look at these two contracts.
As long as you sign the Hanhua share, Pacific Fund’s share of 500 million euros is yours.
I agree with the Havas deal too.
But you need to discuss the specific purchase price with Foch. "
Dracy quickly took it and looked at it carefully.
There is nothing wrong with Hanhua's contract.
The Havas Group's transaction contract is only a draft and does not have real legal effect.
As Xu Liang said, he will know the specific price after negotiating with Vivendi Group.
After there were no problems, I quickly signed the two contracts.
I felt relieved in my heart.
The anger towards Xu Liang has also been reduced by most of it.
"Although this guy is despicable, he is indeed a reputable person." Dracy thought to himself.
"Is there anything else?" Xu Liang asked.
"I hope to sell you all the Vivendi shares held by the Borlore Group."
Although he believes that the Vivendi Group with Xu Liang's support will definitely not collapse.
However, the debt of nearly 20 billion euros has been suppressed. According to the operating conditions of Vivendi Group, it will take more than ten years to repay it without external help.
Over such a long period of time, Vivendi's share price will basically remain at around 10 billion euros.
From an investment perspective, this equity is a huge loss.
"How much do you want to sell?"
"30 euros per share."
Xu Liang chuckled, "Do you think it's possible?"
The total share capital of Vivendi Group is 480 million shares.
30 euros means that Vivendi has a market value of 14.4 billion euros.
In fact, Vivendi has now fallen below 14 billion euros, and if it continues for two days, it will continue to fall.
Then it will bottom out at around 8 billion euros and enter a range of fluctuations.
"How much will Mr. Xu give?"
"15 euros." Xu Liang said calmly.
"You are robbing!"
Deresi said angrily.
"Robbery? NONO, I didn't force you to sell. If you don't want to, you can keep the shares in your hands."
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