Outside the headquarters of Gome.

Li Dong said goodbye to Du Juan and got into the car, with a little solemn on Li Dong's face.

The pace of controlling Gome has begun now!

Acquisitions of listed companies are generally divided into two ways: tender offer and agreement acquisition.

At this moment, Li Dong naturally adopted the second method.

The offer acquisition is not suitable at present. On the one hand, Gome has suspended trading, and on the other hand, the offer acquisition is relatively restrictive.

According to regulations, there is a time limit for tenders, ranging from 30 days to 60 days.

In addition, every 5% increase or 5% decrease in shareholding must be announced on the stock exchange and all shareholders must be notified in writing.

Moreover, there is a restriction on tendering and acquisition, adopting the so-called principle of price equality.

In other words, even if you are the smallest shareholder, you buy shares from him at a high price. Next, facing all shareholders, you have to take the same high price.

Even shareholders who have reached an agreement before have the right to ask you to make up for the difference.

This is absolutely undesirable for Li Dong.

He offered Shen Xuehua a quotation of 30 billion yuan, 2% of the shares and gave him 600 million yuan of funds.

Once it follows the regulations, Li Dong will have to make up for Fukang's 2.4 billion yuan and Gome's 2.4 billion yuan, which will instantly add nearly 1 billion yuan to spend.

This is still the case. The subsequent negotiations with other shareholders will also cause prices to rise, and the gap may be as high as 10 billion yuan, so Li Dong is naturally unwilling to do this.

These restrictions make Li Dong unable to make a tender offer at present, and he can only adopt an agreement to acquire it.

An agreement acquisition is much simpler than a tender offer. The acquirer and shareholders trade privately, negotiate privately, and negotiate prices by themselves, and have nothing to do with third parties.

This is one of them!

Secondly, unlike a tender offer to acquire shares that reach 5% or every 5% increase, an announcement must be issued and all shareholders are notified.

For agreement acquisitions, the conditions for information disclosure should be relaxed, and only if the shares are held by more than 30% must be announced.

Moreover, once you obtain the permission of the securities regulatory authority, you can be exempted from issuing an offer announcement.

The differences and limitations of these conditions cannot be said to be good and bad.

The offer acquisition has the benefits of a tender offer, and the agreement acquisition has the benefits of an agreement acquisition. However, for Li Dong at present, it is naturally the second way more in line with his psychological expectations.

Li Dong did not expect to obtain permission from securities regulatory agencies and make an exemption announcement.

You can hold less than 30% of the shares without an announcement, which will save Li Dong a lot of trouble. Otherwise, he will have to make an announcement if he acquires Fukang's shares next.

Now, as long as the two parties reach an agreement, Li Dong and Fukang can first entrust intermediary institutions to preserve stocks and deposit funds.

In this way, you can temporarily not submit a written report to the securities institution.

When Li Dong holds more than 30% of the shares, Li Dong can submit it for review at one time.

In fact, if possible, Li Dong would rather hold more than 50% of the shares before submitting a written report at one time. However, according to regulations, there are violations of this practice.

When Li Dong arrived at the point of taking over the company, he naturally didn't want to be caught and attacked.

While Li Dong was pondering, Sun Tao and others kept quiet and didn't say anything.

About two or three minutes later, Li Dong said, "Mr. Sun, have JPMorgan Chase and the people from Morgan Stanley made an appointment?"

In the conference room just now, there were actually two people from the family.

However, these people are only responsible for supervising Gome. If they want to acquire their shares, it is useless to find them, and they have to find someone who can make the decision.

Currently, both companies have heads in China.

Chen Qian and the others have been in contact with major bond-holding investment institutions recently, and they don’t have much energy or time to contact these two companies.

Since Li Dong has arrived in the capital, of course he hopes to fight quickly, but there will be changes if he is late.

JPMorgan Chase and Morgan Stanley currently hold 15% of Gome's shares, and after Li Dong acquired the shares of FUKAN and Shen Xuehua, he holds 18% of the shares.

Together, that is 33%, which is not much different from the 35% in Huang's hands.

As long as you gain the support of several other investment banks or simply take over the shares of several investment banks, Li Dong can exercise the rights of major shareholders.

Within the company, the major shareholder still has great authority.

Not only can we obtain support from more people, make company decisions, issue new shares, and hold board meetings and shareholders' meetings at any time...

These rights will help Li Dong completely take control of Gome in the future.

At that time, even if Huang reacts, he will not have time to change anything in a short period of time.

What Li Dong wants is to be fast, otherwise he will give Huang a chance.

Although Huang's hand is not much money now, Huang's connections are very good in Chaoshan.

Businessmen in Chaoshan area are also considered unity.

After giving the Huang family time, the other party is likely to ask for help from Chaoshan merchants. There are many big merchants here, including Lao Li from Xiangjiang, who are all from Chaoshan.

Once the Huang family finds a helping hand, with Li Dong's current strength, he may not be able to compete with the Huang family.

Therefore, the strategy that Li Dong can fight is to be faster and faster. The fast Huang family has no time to react and raise funds.

Chaoshan businessmen have money, but it does not mean that they will support you for free.

When they saw that Huang was not at the advantage, these people were not Shancai boys, so they naturally would not support each other anymore, so as to avoid Huang's failure in the end and unable to repay the loan.

After Li Dong finished speaking, Sun Tao said in a silence: "I made an appointment, and the other party also understands what we mean.

I mentioned the Weibo story, and both parties were very interested.

If we want to meet, we can meet in the evening.”

"Then let's meet separately in the evening. We will continue to travel with me in the afternoon and solve the problem with Fukang first.

If we solve the problem of big and small motorcycles, we will have the capital to compete for Gome to take control!"

Sun Tao nodded quickly and began to call for an invitation to arrange an appointment.

And Qi Yunna, who was sitting behind the car, was confused. What does it mean?

Although Qi Yunna is a long-distance executive and Li Dong's direct descendant, some of them are related to company secrets and she is not at the headquarters, so naturally no one will tell her these top secrets specifically.

The last time Li Dong talked with Du Juan, Qi Yunna felt that Li Dong had a little high demands.

At that time, when Qi Yunna heard Li Dong's tone, she actually felt something was wrong.

However, she never thought that Li Dong would have the idea of ​​Gome taking control.

However, Li Dong and Sun Tao had not avoided her conversation just now. After hearing a few words, Qi Yunna felt a storm in her heart!

Fukang, Da Morgan Stanley, and Xiao Morgan Stanley are all major shareholders of Gome.

The three companies hold a total of 23% of Gome's shares, and Li Dong actually made their decision!

Qi Yunna was so shocked that Li Dong's appetite was so big that it was so big!

Who would have thought that Li Dong wanted not only online, but also to invest in Gome, but also to have deeper demands!

Seeing that Sun Tao was busy making a phone call, Li Dong lost his voice. Qi Yunna endured it for a long time and couldn't bear it anymore. She whispered: "Mr. Li, what you said to Mr. Sun..."

Li Dong smiled and said, "I thought you could hold it back. It seems that you still don't have enough concentration. Try more."

Qi Yunna rolled her eyes secretly, I don’t have enough concentration?

Do you know what you are talking about?

The former top retail overlord, even now, is still the top five or even top three retailers, and the leader in the home appliance field.

Although Suning is the actual home appliance leader now, some official data have not been released, and no official agency has released some data to prove that Suning is the number one.

Therefore, according to the current ranking in 2007, Gome is still the number one retailer and home appliances leader.

Li Dong wants to swallow Gome now. Anyone who hears this kind of tremendous thing will be shocked.

When Li Dong and Yuan Chengdao and others said that Yuan Chengdao and others were beyond surprise, let alone Qi Yunna.

After being despised by Li Dong for a while, Qi Yunna was helpless and said dryly: "Mr. Li, how can I be as determined as you? What you mean is that you are planning to acquire Gome?"

Li Dong smiled and said, "In the first half, I think you are mocking me.

But forget it, I don't care about women.

Since you have heard it, just know it yourself, don't spread it to me.

At present, this is still a secret. Unless you have negotiated with the two companies, it will be easy to get bad things."

Qi Yunna nodded quickly. She also understood that Li Dong would not say anything. This kind of thing cannot be spread indiscriminately now.

Fargo wants to acquire Gome, which will not only impact Gome’s shareholders, but also all walks of life.

Especially in the retail industry, if they really know the plans from afar, it is inevitable that they will cause trouble.

Seeing her nodding, Li Dong smiled and said nothing.

When she arrived in the capital, Qi Yunna was a landlord, and she was also a distant executive and Li Dong's direct descendant, so she couldn't hide some things from her.

Since I can't hide it, let her prepare in advance so that things will not go wrong in the middle.
To be continued...