Resource Tycoon Reborn

Unfortunately, Adolf Merck was one of them. Due to the sharp drop in the share price of HeidelbergCement Group, his net worth plummeted. In order to acquire the British building materials company, HeidelbergCement Group

The company was burdened with heavy debts, its rating had been downgraded, and it was unable to obtain adequate loans from financial institutions. With liquidity tight, he decided to short-sell Volkswagen's shares, hoping to make profits to fill the shortfall.

??It’s just that Merck never expected that the short-selling behavior, which seemed to be a steady profit, not only failed to bring him huge profits, but also caused him to lose more than 1.33 billion euros!

"Adolf announced a loss of more than 400 million euros, not more than 1.3 billion euros. But even so, the share price of Heidelberg Cement Group still fell by nearly 20%. He obtained from European banks,

It's already difficult to borrow money." Adolf glanced at Merck and sighed. It's not that he hasn't advised Merck. Shorting Volkswagen stock is also risky, when everyone thinks it is a profitable opportunity.

Opportunities are often traps! There are many precedents for this in history!

Fang Mingyuan and Angelina both nodded. This result was not unexpected at all. The financial crisis caused by the subprime mortgage crisis had already severely damaged financial institutions around the world. Now these European banks not only have to face

In response to the many crises brought about by the global economic crisis, we must also consider how to clean up the mess caused by the subprime mortgage crisis. Therefore, we must tighten monetary policy generally and carefully consider loans with higher risks. And the outbreak of the debt crisis in Eastern Europe

, which makes the management of these European banks cautious about lending.

The share price of Heidelberg Cement Group has halved, its debt is too high, and its rating has been lowered. The economic crisis will reduce the market demand for its products. After all, Europe is a mature capitalist country, and its infrastructure construction is quite complete, and European governments have also

It does not have the financial conditions to forcibly stimulate the economy through large-scale infrastructure construction, and national debt and banknotes cannot be freely printed there... It is not difficult to understand why banks dare not lend to it.

Fang Mingyuan secretly sighed in his heart, the company's expansion is tantamount to a double-edged sword. If it is done well, the company's strength can reach a higher level, but if it is not done well... Rio Tinto Group Corporation has acquired Aluminum of Canada.

The company was almost acquired by BHP Billiton Group. Heidelberg Cement Group also fell into the dilemma of excessive debt and insufficient profits due to the acquisition!

"After more than a month of negotiations, Adolf and the others contacted almost forty banks. In the end, only a few banks agreed to provide him with an emergency loan of 400 million euros, and also asked Merck to sell the shares of the company held by the family.

, to ensure that the previous debts can be repaid." Old Welf said, "I also helped him contact many banks such as HSBC Holdings Co., Ltd., but in the end these banks all believed that Heidelberg Cement Group's debt was too high and the risk was too great

And rejected Adolf’s loan application.”

"I do not deny that Heidelberg Cement Group was indeed burdened with heavy debt after acquiring a British building materials company. However, if it were not for the subprime mortgage crisis that caused instability in the global economic development, Heidelberg Cement Group would have completely

We can slowly digest these debts in the next few years. You must know that HeidelbergCement Group's annual turnover exceeds 30 billion euros, and it is the best cement manufacturing company in Europe and even the world!" Merck said solemnly.

Said, "They not only asked me to sell the shares of these companies held by my family, but also asked me to withdraw from the management of the companies. These companies are all in my hands, and they have grown from small businesses to today.

of!"

Fang Mingyuan blinked. Although he didn't say anything, he was still a little unhappy with Merck's tone. In modern society, the transfer of ownership of an enterprise is a normal thing, as long as illegal and illegal methods are not used.

means, then it is impossible to prohibit the transfer of corporate control. The companies owned by the Merck family have grown to their current scale. In the process, they have also swallowed up many other companies. Could it be said that those business owners

Is there no founder of the company here?

However, he would not speak out his opinions rashly. After all, Merck was a friend of Old Welf, and Fang Mingyuan had not yet figured out their purpose of coming. Could it be that Old Welf hoped that he would come forward to help?

Did he obtain a loan from the bank? Fang Mingyuan frowned secretly. He felt that Old Welf would not be able to do such a thing. After all, the funds that Merck needed were not a small number, and it was obviously likely to be more than a few euros.

Hundreds of millions, or even billions! For such a large sum of money, no matter which bank it is borrowed from, Fang Mingyuan must bear certain responsibilities and favors, and he does not think that he has anything to do with Merck.

Friendship is worth doing this.

Old Welf patted Merck on the shoulder and motioned for him to calm down. He could understand Merck's mood. He had been in charge of the family business for decades, but when he got old, he suffered a big setback and was even beaten.

The requirement to withdraw from business operations is indeed difficult for Merck, who is accustomed to holding great power, to accept it for a while. However, no matter how difficult it is to accept, it cannot change the reality, that is, without new capital injection, Heidelberg Cement

The group is in danger of bankruptcy and liquidation. And by that time, it's hard to say how much property the Merck family will be able to leave behind.

He brought Merck to Fengyuan this time because he wanted to see if he could help him fight for a chance of survival with Fang Mingyuan. Of course, it was impossible for him to harm Fang Mingyuan's interests to fulfill Merck.

He still knows what is light and heavy, what is near and what is far. His goal is to achieve a win-win situation. The Fang family owns Longxing Construction Group Company, and the annual demand for cement, concrete, and building materials is considerable.

, and he knew that Fang Mingyuan has always been interested in the pharmaceutical industry, but there is no suitable breakthrough point. In these two businesses, the companies under the Merck family are doing quite well.

"Adolf, HeidelbergCement Group's debt is too high and its future profit prospects are unclear. This is a reality. Nowadays, the global economic growth is slowing down, and many developed economies are experiencing negative growth. Many giants in the financial industry are struggling to survive.

, it is reasonable to make such a request." Old Welf comforted himself. He himself has been a director of HSBC Holdings Co., Ltd. for many years, and he has a much clearer understanding of the current situation of the financial industry than a layman like Merck.

Although it is only a loan of several hundred million euros, if HeidelbergCement Group cannot reverse the situation, this failed loan will be enough to make the person in charge of this loan pack up and get out. Now it is no better than before the subprime mortgage crisis broke out, with hundreds of millions of euros.

Such losses may cause an ordinary bank to face a situation where its vitality is severely damaged.

Old Welf turned to Fang Mingyuan again and said: "This time Adolf and I came to China together and want to make a deal with you."

"Oh?" Fang Mingyuan knew that the drama was coming and made a gesture to say please.

The convoy returned to the courtyard of the Fang family in the ancient city of Pingchuan smoothly. Fang Mingyuan arranged a rest room for Merck, and then returned to his study. Old Welf and Angelina were waiting for him here.

.

"How's it going? Are you interested in Merck's proposal?" Old Welf patted the sand beside him and motioned for Fang Mingyuan to sit over.

"I'm interested, but there are two problems." Fang Mingyuan sat down and said frankly. Merck hopes to transfer Heidelberg Cement Group's shares in several joint ventures in China to Fang Mingyuan. These cement manufacturers

The company is a joint venture between Heidelberg Cement Group and domestic cement manufacturers in the south. The current total output of cement is about 16 million tons per year. In addition, he plans to transfer German Tongyi International Pharmaceutical Co., Ltd. to Fang Mingyuan

, but on this transfer, Merck has additional conditions. The Merck family can repurchase all the shares of German Tongyi International Pharmaceutical Co., Ltd. within fifteen years at a price that meets the agreed conditions!

"You said it." Old Welf smiled.

"First, if I agree to Mr. Merck's request, it means that I will have to hold all the shares of the German Tongyi International Pharmaceutical Co., Ltd. for fifteen years! After fifteen years, it will be determined that Merck will

I can only transfer it after the Kele family will not repurchase it. Hehe, fifteen years is too long." Fang Mingyuan said. In fifteen years, the president of the United States has been replaced twice. If the president could not

If he is re-elected, there will be three presidents. In fifteen years, according to the probability of a seven-year cycle, there will be enough economic crises to occur twice.

"From Adolf's point of view, he naturally hopes that the longer the better, but from your point of view, such a long time is naturally unfavorable. It depends on your negotiations. I am only responsible for introducing the specific details between you.

I will not interfere with your affairs, nor will I put pressure on you on his behalf. I just think that German Tongyi International Pharmaceutical Co., Ltd. is an opportunity for you to enter the generic drug production industry, and it is also a good starting point!" Lao Wei

Wolf laughed and said, "It also gives Adolf a chance to prove himself again."

Fang Mingyuan nodded. Judging from what Old Welf learned here, German Tongyi International Pharmaceutical Co., Ltd. is indeed a very powerful generic drug manufacturer with a large market in Europe and Germany.

It also has good profits. Moreover, this is a company wholly owned by the Merck family. If it is acquired, it means that there are no other restricting shareholders.

"Germany Tongyi International Pharmaceutical Co., Ltd., currently, if Adolf decides to sell it, I believe there will be many companies interested in acquiring it in the pharmaceutical industry in Europe and even the world. And Germany Tongyi International Pharmaceutical Co., Ltd.

The value of the company is enough to reduce a large chunk of HeidelbergCement Group's debt. In this way, the resistance to borrowing from banks will be much smaller. But Adolf is unwilling to give up control of the family business. This is contradictory.

The key point," Old Welf said, "If we sell it to other companies, let alone whether these companies can agree that the Merck family has the right to repurchase the German Tongyi International Pharmaceutical Co., Ltd. at a suitable price within a certain number of years.

shares, and even if they agree, their credibility is still a big problem in Adolf's mind. But you are different!"

Fang Mingyuan shrugged, well, in Western countries, things like credit and credibility can be "exchanged" for money.

"Furthermore, I think even if you own German Tongyi International Pharmaceutical Co., Ltd. and own part of the European pharmaceutical market, your focus will still be on China. This is where you want to focus on developing the pharmaceutical industry.

If you just want to enter the pharmaceutical industry to earn more profits, I think this is not the reason why you are interested in German Tongyi International Pharmaceutical Co., Ltd. Your funds can definitely be better, and now there are already many

There are other options to develop your foundation. Therefore, Adolf wants to have the opportunity to redeem his family business in the future, and you are not very interested in the European market of German Tongyi International Pharmaceutical Co., Ltd., you are more concerned about whether you can

By acquiring the German Tongyi International Pharmaceutical Co., Ltd. and owning it for a period of time, you can establish your own business in China that you are satisfied with and can continue to develop. If you can achieve this goal, as long as the price is right, you will

I don’t mind handing over the German Tongyi International Pharmaceutical Co., Ltd. and its European market to the Merck family, am I right?” Old Welf said with a smile.

"You are right. My interest in German Tongyi International Pharmaceutical Co., Ltd. is just as you said. If it can allow me to achieve this goal without making me take excessive risks and

In the future, I don’t mind returning German Tongyi International Pharmaceutical Co., Ltd. and the European market to the Merck family at a price I think is appropriate." Fang Mingyuan nodded and said, "This pharmaceutical market of 1.3 billion people will

I am already very satisfied.”

Old Welf smiled slyly and said: "Look, don't you two have reached an agreement on the most fundamental issue of principle? I think that in order to successfully redeem their family business, Adolf and the others will not

I am willing to completely hand over the current and future market share of German Tongyi International Pharmaceutical Co., Ltd. in China to you. As for the rest, I think it is completely negotiable between you." (To be continued.) 8