511 Earnings(1/2)
"Nicolas, don't be angry!"
Steven looked at Nicolas on the verge of an outbreak and comforted her with a smile.
"If this transaction is really ruined, no one of our shareholders present can get the benefits."
Nicolas' eyes were furious and glanced at all shareholders except Lin Fan.
Many shareholders lowered their heads because this matter was indeed a bit unauthorized.
"Okay, if you really want to sell Sgapp, we can't stop you."
Steven looked at Nicolas without any weakness, "Our shareholders present just want to reach a more reasonable plan."
Other shareholders nodded and agreed.
"Yes, I'm not trying to disrupt the yellow deal."
"We just want to negotiate with shareholders to make a better transaction plan."
"Nicolas, don't be angry, sit down and everyone will discuss it slowly."
...
Under the persuasion of a number of shareholders, Nicolas temporarily suppressed his anger and sat back in his seat, but his eyes were still staring at Steven.
Steven stood up and said with a smile: "The early acquisition transaction amount was $2.6 billion. Logically speaking, DeFengjie holds 12% of Sgapp's shares and can get $312 million, including $156 million in cash and $156 million in eaby common stock.
We can take out a portion of the cash or eaby common stock to exchange the remaining interests of the betting agreement with other shareholders.
For the sake of everyone's understanding, let me give you an example!"
"Forest!"
Steven looked at Lin Fan, who had been silent and shouted his name with a smile.
Lin Fan looked up and looked at each other.
Steven smiled, "Lin, I don't know that Fang is not convenient to use you as an example."
"As long as you don't scold others, you can do whatever you want!"
Lin Fan seemed very generous because he had guessed Steven's intention.
"Lin, you hold 8% of Sgapp's shares. If you complete the bet successfully, you can get a maximum score of $120 million in three years, or an equivalent eaby stock."
Lin Fan nodded, there was nothing wrong with this calculation.
"But if the bet fails, you won't get a dime."
Steven smiled and said, "That is, this is actually a deck of poker. Whether it is making a lot of money or gaining nothing is unknown.
I am willing to spend ten million more dollars to buy the poker you have in Lin, would you like to?"
Lin Fan shook his head, "I definitely don't want to. I can win up to $120 million in poker. Will I sell it to you for $10 million?
Anyway, if the bet fails, it means nothing is gained, I am willing to bet!"
Steven looked at the other shareholders and said, "Lin is unwilling to sell this poker, where are the rest of you?"
"I do!"
The shareholder representative of Mangrove Venture Capital cooperated very well and said with a smile: "Of course, the premise is that the price is reasonable!"
Other shareholders also expressed their opinions that some were willing and some were unwilling.
Seeing this, Nicolas understood that DeFengjie made up his mind to bet on this $1.5 billion bet.
So confident? Not afraid of failing the bet, which will lead to Defengjie losing all his money?
Steven has his own considerations. First, he will not pay too high a price to buy the betting rights of other shareholders; second, even if the betting fails, he will not lose too much, and he will even make a big profit in the project of Sgapp.
"If shareholders want to exchange, let's decide today!" Nicolas said, "Eaby's people are talking, and they will never wait."
"Of course, it won't take too much time."
Steven replied, and began to fool other shareholders into selling "the bet rights corresponding to the shares."
Most people don’t want to sell because Steven’s quote is too low.
Take Lin Fan as an example. Steven wanted to buy a bet interest worth up to $120 million for $10 million.
For many people, it is better to keep it in their hands. If the bet is completed, wouldn’t it be possible to make another big profit?
Just fools sell it!
"Thirty million US dollars, I will sell you my "120 million US dollars"!"
Lin Fan, who had not spoken for a long time, spoke up and looked straight at Steven.
"Lin, stop kidding. You won't think you can complete the bet 100% and get that $120 million, we are also at risk."
Steven smiled and shook his head. He was optimistic about Sgapp's successful completion of the bet, but he was not 100% optimistic. He was 60% sure, so he wanted to make a big fortune with a small profit and create a unique "second harvest".
But if you don’t master the price well, you will be harvested by others.
"Then I won't sell it, and I'm not short of the 30 million dollars."
Lin Fan is actually very interested in Steven's proposal, but this thing is about psychological warfare and cannot easily express his thoughts.
Have to stay there!
Steven asked a few more times, but basically no one was willing to sell it.
"Steven, no one is a fool, don't do these things, it's boring!"
Nicolas found it a little funny. Steven wanted to rub the other people's IQ on the ground, and couldn't help but sarcastic.
"Lin, $20 million, will it be sold? This is the final offer."
After thinking about it, Steven still put the breakthrough point in Lin Fan's heart.
Like Nicolas, they also visited Sgapp shareholders last night.
Among these shareholders, Lin Fan is the most short-sighted, and everyone else hesitated. Only this Chinese rejected them without thinking, making it clear that he must sell Sgapp's equity.
"make a deal!"
Lin Fan knew that he could not squeeze out two taels of oil and water, so he decided to stop when it was better.
Steven smiled with satisfaction and looked at other shareholders, "Is there anyone else to sell? Let's buy it at Lin's price!"
As a result, with Lin Fan taking the lead, there are really people who sell their "bet rights".
After all, it will take three years to announce whether the bet can be won. It is also very pleasant to put the bag in the pocket now!
In the last inventory, including Lin Fan's 8% equity, a total of 40% equity-related betting rights were sold to Defengjie.
De Fengjie has to pay a lot of money, and he needs to pay $100 million in cash!
Lin Fan has seen how powerful European and American capitalists are!
Agricultural products, ore energy futures were also the earliest inventions of these people.
As long as it is profitable, everything can be gambled!
Defengjie bets 100 million US dollars, and if he wins, he will make 600 million US dollars; if he loses, he will still make a profit of 200 million US dollars.
Because DeFengjie A and B invested in Sgapp for two consecutive rounds, the investment cost was less than US$10 million.
After the meeting, Nicolas pulled Lin Fan aside and advised: "Lin, don't be fooled by Steven. That guy is clearly just a gamble."
"I'm also gambled!"
Lin Fan didn't say the second half: I bet, you can't finish the bet.
Nicolas is the founder and will continue to work at Sgapp in the future, and there are still a lot of potential benefits.
So Lin Fan is not convenient to say things like "can't finish the bet", isn't that cursing others?
Seeing that Lin Fan was determined to "stop when he saw it", Nicolas stopped persuading him, after all, everyone had their own ideas.
After reaching an internal consensus, negotiations with eaby were restarted the next day.
Nothing happened this time, and all shareholders of Sgapp happily signed the acquisition agreement.
At the same time, Defengjie also signed a "rights transfer agreement" with Lin Fan.
In other words, after signing this agreement, Sgapp and Lin Fan had nothing to do with him anymore.
After Yabo and other employees reviewed the agreement, Lin Fan readily signed the Daming.
Adding to the unexpected gain of US$20 million, as well as the US$104 million in cash paid by Eaby and US$1.04 in eaby's common stock, Lin Fan earned a total of US$228 million.
However, the common stock of eaby cannot be sold for the time being. There is a half-year restriction period. Once the restriction period passes, it can be sold in batches and turned into cash and put into bags.
After staying in Luxembourg for a few days and after processing all the transaction procedures, Lin Fan boarded the plane back home.
At the same time, the news of eaby's acquisition of Sgap at a sky-high price of 4.1 billion US dollars spread wildly, and related news quickly came out around the world!
As the largest Internet acquisition case in recent years, Sgapp's sales of eaby have attracted countless attention.
As a angel investor of Sgapp, Lin Fan has always been unknown.
The reason for this is mainly because Schap is low-key and Lin Fan doesn't like to yell everywhere.
To be continued...