Chapter 260 We don’t do this kind of business(1/2)
For large European and American multinational companies like the Danone Group, they are quite experienced in acquisitions and mergers. In other words, they are very calm and rational and will basically not be disturbed by other factors.
So the film "Infernal Affairs" in the Yuan Universe must be... other factors.
Just kidding, one sells mineral water and the other makes movies. Two companies that have nothing to do with each other, why should we pay too much attention to them?
Even if the two companies have the same boss and got lucky, "Infernal Affairs" achieved a box office hit. But in Hong Kong's movie market, which is as big as a palm? How much money can be made from a box office hit? In a case involving
Among mergers and acquisitions worth more than 1 billion Hong Kong dollars, this meager box office is almost negligible.
So in the end, Danone Group believed that choosing the current time point was not a big deal and would not affect the acquisition process. Therefore, it issued the announcement according to the original plan.
However, after being reminded like this, the majority of Hong Kong investors suddenly realized: Yes! There are also stocks in Yeshan Qingquan!
Because these retail investors are quite irrational and can easily be instigated by outside emotions, the current Hong Kong stock market is not a mature market at all.
In fact, don’t blame retail investors in Hong Kong, Taiwan or the Mainland for being naive, including retail investors in developed countries in Europe and the United States.
It’s just that in Europe and the United States, too many leeks were cut, and those financial predators cut too hard, scaring those retail investors who could only invest through professional fund companies. In the end, retail investors were basically eliminated, and the clear cut of leeks was replaced by
In order to secretly draw blood and collect commissions, securities companies are still making money by changing the soup without changing the medicine. This shows that the securities market is relatively mature.
But what Danone Group is doing now is that they use the experience they gained in a mature market and apply it to a less mature Hong Kong market?
So when the market opened on Monday, trading was suspended for half a day due to the announcement in the morning. As soon as the market opened in the afternoon, Yeshan Qingquan's stock price soared to HK$3.81. It continued to rise throughout the day, and finally closed at a price of HK$4.06?
This is very interesting. Our stock is worth more than 4 yuan, where did you get the courage to acquire it for HK$3.40?
And this is the famous Danone Group? It actually makes such a low-level mistake? Do you want to give out benefits on April Fools' Day? To make the people of Hong Kong happy?
As for the reaction of Yeshan Qingquan? Even the board of directors did not need to be convened, and they responded with a cliché announcement: "Thank you Danone Group for the offer to our company. This shows that Yeshan Qingquan's operating conditions are good and future profits can be expected... But we
There is no idea of selling. Wild Mountain Qingquan is not for sale... We look forward to extensive cooperation with Danone Group and other food and beverage companies..."
To be honest, Danone Group was a little embarrassed at this time. They also responded quickly: "...Due to the large fluctuations in the stock price of Yeshan Qingquan, we have temporarily withdrawn the acquisition offer and look forward to discussing it with the board of directors of Yeshan Qingquan.
Further contact…”
One thing to say, the above announcements are relatively common in large-scale mergers and acquisitions. Like this, making an offer - giving a response - re-quoting - and then responding again... Maybe it can be repeated for dozens of rounds.
It may even take a year or several years.
There are also offensive and defensive battles between the two sides: turning into hostile takeovers, counter-takeovers, poison pill plans, looking for white knights, etc.
Just like the mention of "not for sale", the real meaning is not that it is not for sale, but "your offer is too low, I have no interest in counter-offering."
And "temporarily withdraw" means "if I am interested, I will give you the latest sincere price."
This is actually acquisitions, the diplomatic rhetoric in mergers and acquisitions. Experts should understand it, and there will be no personal emotions. Even success or failure does not matter, it is just a normal business behavior.
But in the eyes of Hong Kong retail investors, this turned into a farce because it was too dramatic.
For a while, the Hong Kong media was filled with all kinds of ridicule. Anyway, they were all words such as "overestimating one's capabilities" and "anticlimactic". It was directly given to the French Danone Group.
At this moment, Danone Group became an outsider, and Brother Yuan could barely be considered one of our own!
If an outsider makes a big fool of himself in front of his own people, he will definitely need loud cheers and cheers.
Not surprisingly, Yeshan Qingquan's stock price rebounded sharply to above HK$4.0 again, and even broke through the Hong Kong dollar mark during the session.
The box office of "Infernal Affairs" finally started to gain momentum. On the tenth day after its release, the box office exceeded 10 million and reached 140,000. It is only slightly lower than "Tang Bohu Spots Autumn Fragrance", but it has already surpassed "Jurassic".
Park" far behind...
The morale of the entire Yuanverse has been greatly boosted. It had an unexpectedly good start, and now it has no difficulty in breaking through 30 million at the box office.
And because "Infernal Affairs" came out, it immediately attracted the attention of many film producers in East and Southeast Asia...
…
With the whistle blowing, the ship slowly sailed into the port of Sokil. Yao Yuanwei and several colleagues boarded the pier. Suddenly, a young man with a native appearance came forward and said, "You are from the north, right? Who is Manager Yao?"
My name is Qian Yong, and I have contacted you on the phone."
"Hello, hello, Mr. Qian." Yao Yuanwei shook hands with Qian Yong warmly.
Yao Yuanwei and others all came from Norinco, which was later reorganized into the famous Ordnance Industry Group. Of course, the foreign military sales will use the name of another company. That is, one team and two brands.
Yao Yuanwei and the others are actually no strangers to selling arms. They are in this business in the north themselves.
However, this arms trade is quite strange.
A few months ago, a certain writer who wrote a book contacted their company through his connections in the army and wanted to purchase a batch of weapons and ammunition in stock?
This chapter is not finished yet, please click on the next page to continue reading the exciting content! To be honest, there is no shortage of weapons and ammunition in stock. In the past few years, we were working hard to produce them in preparation for a world war. In recent years, we have been working hard to destroy them, and everywhere in the country
They are all weapons and ammunition that are about to expire. If we can find sales channels, we can not only earn foreign exchange, but also save the cost of destruction, which is a dream.
However...writer? Isn't this an international joke?
However, in the 1980s and 1990s, the country was short of foreign exchange. Since you want it, the North dares to sell it. Anyway, as long as you go through the formal procedures, the key is to be able to come up with foreign exchange, so what's wrong with it?
So without saying a word, I signed the contract readily.
But unexpectedly, the Y (Africa) company then produced an approval document from the Ministry of National Defense of the Republic of Vera, proving that this was a legal arms trade. There was one requirement - domestic door-to-door delivery?
Okay! A private trading company in an African country needs so many weapons and ammunition? Although the inventory is quite cheap, the quantity is huge? Does your Vera army have such a large demand? I really thought we would not get the ambassador.
Would you like to go to the museum to inquire?
Northern Company is not afraid of international fraud. Who dares to defraud this kind of arms group? Wouldn’t that be boring? They are afraid of the political influence behind it. If any complex international relations are involved, it will be a mess.
Sexy?
So in the end, the business must be done. If others have money and procedures, they can't kick the customers out. But we also need to find out the details of this Y (Africa) company, so let Yao Yuanwei and the others make a trip to at least understand these things.
The destination of arms.
Under Qian Yong's arrangement, the dock soon began unloading.
Qian Yong greeted enthusiastically: "Manager Yao, there are too few berths now, and the port is preparing to expand. When the expansion is completed, we plan to rent a dedicated terminal."
Hearing this, Yao Yuanwei was doubtful and chartered a foreign terminal? Wouldn't he deliberately brag in front of himself? He didn't know that just a few decades later, domestic shipping companies such as COSCO had chartered countless overseas terminals.
terminals, forming a global shipping network.
However, it is impossible to question such a question face to face. Yao Yuanwei asked with a humorous smile: "Mr. Qian, where should we send the freight?"
"It will take some time to unload the goods. Let's go to the warehouse and wait?"
"Okay... let's do it!" Yao Yuanwei is not afraid of anything happening here. Could a whole ship of munitions disappear?
Don't think that these arms inventories are valuable. Well! Compared to ordinary commodities, they are still very valuable. But the Cold War has just ended. Not to mention Lao Maozi's huge arms inventory, they have scrapped and reclaimed more than 0,000 tanks and armored vehicles.
There are countless weapons and ammunition in stock.
In other countries, whether it is the Warsaw Pact or NATO, there are huge arms inventories. So these things are really not rare.
At least these small countries in Africa, do they dare to offend the rogue rabbit behind them? Taking a step back, if they are really planning to rob, it is not something that Yao Yuanwei and a few others can stop. Anyway, the company's account has already received US dollars.
, and there is not much need for supervision.
Moreover, Yao Yuanwei and the others also wanted to see what this little-known Y (Africa) warehouse was like? Do they have the ability to engage in arms business?
However, after arriving at the warehouse area, everyone was shocked. Seeing the dazzling array of weapons, especially the large number of armored vehicles parked, and artillery of various calibers, Yao Yuanwei couldn't help being shocked: "Mr. Qian
, these arms are all yours? Will the Vera government not care about it? "
Qian Yong smiled and replied: "This is the military warehouse of the Villa army we rented."
"Is your business that big?"
"Manager Yao, you misunderstood. We are not in the arms business."
⊙?⊙⊙?⊙⊙?⊙……
Yao Yuanwei and others thought they were hearing hallucinations? You are not in the arms business? The arms in front of you are enough for African countries to launch several military coups, right?
Realizing that Yao Yuanwei and the others had some misunderstandings, Qian Yong smiled and explained: "We really don't do this kind of business. We just provide a place for friends to sell on behalf of others. What do the customers specifically need, or do you need to discuss it yourself?"
"Excuse me." Yao Yuanwei felt that his mind was a little confused, "What about this batch of weapons and ammunition you ordered?"
"Oh! I also ordered it for a friend. Don't worry, we won't make any difference in price. You can negotiate by yourself in the future."
When Yao Yuanwei and the others looked at each other, they felt even weirder.
Qian Yong quickly explained: "Several local friends will come over later. You can discuss the details yourself. I'm not going to lie to you, we are not interested in the arms business. We happen to have such channels, so the money will not flow to outsiders.
, introduce it to your domestic companies.”
Yao Yuanwei and the others no longer knew what to say, and the strange feeling in their hearts became more and more intense.
Fortunately, the wait did not last long, and two local black youths soon arrived.
"Manager Yao, let me introduce you. This is Chief Harden. His father is the deputy minister of defense of this country. This is Lawyer Pip. He has many clients."
"Hello, friends from China."
"Nice to meet you."
In order to reduce trouble, all future clients will be contacted through Lawyer Pip. Harden is just here to support the scene. He has long disdained such a "small business".
After some pleasantries and testing, Yao Yuanwei finally came to understand that Y (Africa) really only acted as a middleman, and the specific business still needed to be negotiated by himself?
Fortunately, the Northern Company sent a few of them, otherwise, I don’t know how much business would have been delayed.
To be continued...