Zheng Shiyong's plane arrived in Michigan, North America, and then drove to Dearborn, the headquarters of Ford Motor Company.
What makes Zheng Shiyong dissatisfied is that when he arrived here and checked into the hotel to contact Ford Motor Company President Ford II, the other party did not meet him immediately?
This made Zheng Shiyong very unhappy.
But there was no way. Hyundai was still just a child. Without the help of Ford, Hyundai would not even be able to learn to walk. Therefore, Zheng Shiyong could only choose to passively accept Ford's contempt.
But just after Zheng Shiyong comforted himself, he received a call from his nephew Zheng Mengxian.
"Second uncle, are you going out in the hotel now?"
Zheng Mengxian's voice sounded a little anxious on the phone.
Zheng Shiyong knew that Zheng Mengxian was his brother's most beloved son. Although he didn't like it, he still said, "I won't go out, but how did you know that I was here and how did you know the phone number?"
Zheng Mengxian did not answer Zheng Shiyong's question, but said directly, "I will go find you immediately!"
Zheng Shiyong didn't want to see his nephew, he just said, "I'm here to work, you just study hard in school!"
Zheng Mengxian said on the phone, "I have something important to tell you, uncle!"
Zheng Shiyong had no choice but to agree with Zheng Mengxian.
In less than ten minutes, Zheng Mengxian had arrived at the room where Zheng Shiyong lived. After seeing Zheng Mengxian, Zheng Shiyong asked strangely, "Why are you so fast?"
Zheng Mongxian replied, "I live here too."
"What are you doing here? Your father asked you to come here?" Zheng Shiyong was a little curious about Zheng Mengxian's answer.
Zheng Mengxian did not answer Zheng Shiyong's question, but asked directly, "Second uncle, have you contacted Ford II of Ford Motor Company? Have they agreed to meet with you?"
Zheng Shiyong wanted to say that Ford II did not see his business, so he told his nephew, "This is a business matter. Why don't you come here?"
Although Zheng Shiyong did not give a positive answer, he actually knew the answer when it fell into Zheng Mengxian's ears.
"It's bad. Are the rumors true?"
At this time, Zheng Mengxian's expression was a little frightened.
Seeing Zheng Mengxian's expression, Zheng Shiyong finally understood the seriousness of the matter. He looked at his nephew and asked, "What happened?"
Zheng Mengxian said seriously, "In the past two days, there have been rumors that someone is taking action on Ford Motor's stock and is buying up Ford Motor's stock!"
Hearing this news, Zheng Shiyong was no longer nervous. He smiled and said, "What did I think it was? It turns out it is this kind of thing. Mengxian, you are still young and you don't understand some things!"
Although Zheng Mengxian was a little anxious, he still asked Zheng Shiyong, "Second uncle, what do you mean?"
Zheng Shiyong proudly said, "Ford Motors is using the B-share strategy, and B-shares are firmly in the hands of the Ford family. B-shares have 40% of the voting rights of Ford Motors. That is to say, no matter what happens in the stock market,
Such changes will not change the Ford family's control of Ford Motors.
So you don't need to worry about these things."
Although Zheng Mengxian also knew about the B-shares of Ford Motor Co., but seeing Zheng Shiyong's calm look, he couldn't help but said, "If the other party holds enough shares and convenes a board of directors to seek removal of the B-shares,
Where are the rights?”
Zheng Shiyong still looked unconcerned and said, "It's that easy. The entire Ford Motor stock is worth more than 3 billion U.S. dollars. If someone wants to acquire it, they will need to spend more cash than this. Looking at it,
Which consortium in the world can come up with so much cash?"
After finishing speaking, Zheng Shiyong did not forget to add, "Moreover, even if the other party really gets enough votes from the board of directors, this is an internal matter of Ford Motors and has nothing to do with us. I believe that no matter who controls Ford Motors,
It’s impossible to ignore our Hyundai cars, so don’t worry!”
Zheng Mengxian thought for a moment and said uncertainly, "Is this really the case?"
"Of course it is!" Zheng Shiyong said proudly.
At this time, Zheng Shiyong's previous dissatisfaction with Ford II was gone. If such a thing really happened, it means that the other party did have important things to do, and it was right for him not to see him immediately.
The fact that someone is acquiring Ford Motor's shares has already been known to Zheng Mongxian, a South Korean student who is still in school, and it has naturally spread throughout the entire North American business community.
Especially on Wall Street, this incident caused a huge sensation.
It completely overshadowed the two previous acquisitions of DC and Marvel by Fantasy Comics.
Although DC and Marvel are the largest comic companies in North America, they are too small and not influential enough.
Ford is different. It is the second largest automobile company in the United States. Although the automobile industry is currently in a collective depression due to the oil crisis, in any case, the name of the second largest automobile company in the United States is enough to attract many people.
Shocking.
"Check, find out for me who is interested in Ford. Is the other person just optimistic about Ford's future development and wants to hold some shares of Ford? Or does he have a bigger idea?"
According to the Wall Street Journal, Warren Philip was sitting in his office and furious.
He has been in this very irritable state recently, just like the days when a woman visits relatives every month.
Irritable, irritable.
Now it suddenly broke out on Wall Street that someone was interested in Ford Motor's stock, but the Wall Street Journal didn't even know who the person was interested in or what their purpose was?
This is not something Warren Philip can accept!
Jack O'Brien said with some helplessness, "No one knows how this matter spread on Wall Street, but some people have already asked the major shareholders of Ford Motor Company, and some people have indeed mentioned it to them recently.
It’s about acquiring Ford Motor stock.”
This chapter is not over yet, please click on the next page to continue reading! There is no need to doubt the authenticity of the matter!
"Of course I know this. What I want to ask now is, who are the people who want to acquire Ford Motor's shares? What is their real purpose?"
Warren Philip once again emphasized his problem.
Jack O'Brien could only say helplessly, "There is no news about this yet, but some people have analyzed that it is some mysterious consortium!"
Warren Phillip wants to kick Jack O'Brien out of his office at this time, and the mysterious consortium also needs a name!
"Chu, according to your instructions, this matter has now spread on Wall Street!"
Rockefeller Center, North American Jiaku Headquarters, in Chu Huan's office.
Jerry Kohlberg reports to Chu Huan on the recent situation on Wall Street.
Chu Huan nodded with satisfaction and said, "Is there any action from Ford II?"
Jerry Kohlberg said, "Ford II has called us. He already knows that we are acquiring Ford Motor's shares, so he wants to meet with you."
Outsiders didn't know who was acquiring Ford Motor's shares, but at this time, Ford Motor's President Ford II already knew that the person running this matter was KKR, an emerging fund company on Wall Street. Naturally, he also knew who KKR represented.
.
Chu Huan smiled and said, "First make our acquisition plan public. I want to give Wall Street a real earthquake!"
Jerry Kohlberg nodded and said, "Then I will immediately notify Henry and George to sign a formal contract for the purchase and sale of Ford Motor stock on behalf of North American Aku and the shareholders of Ford Motor!"
"OK!"
Every Wall Street practitioner has a question in their mind at this time: Who is interested in Ford Motor's stock, and what is the other party's real purpose?
This doubt did not last long!
Because this matter was reported today!
"New York Times"!
"Through stock market transactions and shareholder transactions, North American Jiaku has officially become the second largest shareholder of North American Ford Motor and holds shares in Ford Motor Company!"
"Which company is North American Aku?"
As soon as the news came out, the "New York Times" was instantly sold out on Wall Street. Everyone was paying attention to this matter, but there was also a question in everyone's mind?
What kind of company is North America Aku?
How come there is still a hint of familiarity in the midst of unfamiliarity?
It was this familiar feeling that quickly made people on Wall Street think of who North American Aku was!
Chu Huan from Xiangjiang founded a branch in North America!
this
After figuring out the identity of Naikou, not only did people on Wall Street not feel relaxed, but they also had more questions and surprises.
Why on earth is North American Aku acquiring shares in Ford Motor Company?
What exactly do they want to do?
Things are starting to develop in a direction that no one can understand!
Snapped!
In the office of Warren Phillip of the Wall Street Journal, there were sounds of smashing. Naturally, the only person who could do such a thing in Warren Phillip's office was himself.
If yesterday's Warren Phillip was like a woman visiting with relatives, then now Warren Phillip is like going out after visiting relatives, only to find that she forgot to wear protective measures, and her white skirt turned into a red skirt.
The anger level has reached its peak!
Warren Philip never imagined that it was Chu Huan who did this!
What’s even more unexpected is that the New York Daily News sent the news ahead of itself. This is a slap in the face of the Wall Street Journal!
Then, the North American stock market opened, and the latest announcement about Ford Motor's equity distribution also came out!
All this shows that the New York Daily News learned the news in advance from Chu Huan or the person who sold Ford Motor shares.
18 Broadway, New York, New York Stock Exchange!
As the world's largest stock exchange, the amount of money flowing here every day is astronomical.
It is also an extremely busy place.
The securities traders rushing back and forth with various bills, the phones that kept ringing, and the various data changes made everyone here feel like they had been given a shot of blood.
But now, something has changed here!
There was a brief silence. This has not happened before on the New York Stock Exchange. Everyone understands that when something like this happens, something major has happened on the New York Stock Exchange.
Because just now, someone shouted!
"Receive as much Ford Motor stock as you want!"
Just such a sentence showed one thing: North American Aku is going to take action on the entire Ford Motor stock!
This also eliminated their last doubt!
Chu Huan from Xiangjiang, Jiaku established in North America, will officially acquire Ford Motor Company!
This news shocked everyone at the New York Stock Exchange and did not react immediately.
No one thought that Jiaku, which had just arrived in North America, would actually take action against Ford, the giant company in North America, after acquiring Nike, DC, and Marvel one after another!
Don't blame them for being surprised!
These people are no strangers to Chu Huan because of North American Jiaku's acquisitions during this period and Fortune's report on Chu Huan last year.
Naturally, he also knew the scope of Chu Huan's business.
No matter how you look at it, it has nothing to do with the automobile industry!
"wrong!"
At this moment, someone suddenly shouted loudly in the hall of the New York Stock Exchange.
Everyone looked at the man in unison. The man didn't play any language arts, he just shouted loudly.
"Have you forgotten the previously reported battle between Chu Huan and Hyundai Group?"
After hearing this sentence, everyone in the New York Stock Exchange hall understood what the other person meant.
According to the company's operating conditions announced by Ford Motor, Ford Motor has invested in South Korea's Hyundai Motor and is one of its major shareholders. At the same time, the most important thing is that the other party is also the technical support of Hyundai Motor.
When the Wall Street Journal reported on this matter before, it said that Chu Huan's desire to go to war with Hyundai Group was simply a fantasy. There was no integration between the two parties' business fields. Chu Huan's industry needed the South Korean market, and Hyundai Group
The group does not necessarily need the Xiangjiang market.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Chu Huan’s declaration of war is more like a kind of self-psychological comfort.
but now!
Everyone understands where Chu Huan’s confidence lies in declaring war on Hyundai Group!
Hyundai Group is holed up in South Korea. Relying on the support of the South Korean government, Chu Huan has no way to do anything to Hyundai Group in South Korea, but Chu Huan can directly seize your lifeline and take action against Hyundai Motor's famous Ford Motor Company.
As long as Chu Huan has the absolute say in Ford Motor, then Hyundai Motor, which still needs technical support from Ford Motor, will have no choice but to be obedient!
What a big gesture!
After everyone figured out Chu Huan's intention, they all couldn't help but sigh like this.
For such a war, Chu Huan has already spent 1 billion US dollars!
If such a gesture is not a grand gesture, then nothing is!
At the same time, it was also the first time that Chu Huan had a three-dimensional image in the hearts of these Wall Street elites. He was retributive, ruthless and decisive, true to his words, crazy, crazy, and finally, damn crazy!
Is it worth investing at least three to four billion US dollars for such a war?
They are not Chu Huan, and there is no way they can make this decision for Chu Huan, but everyone understands that this time, Wall Street is bustling!
It's not because of Chu Huan's declaration of war with Hyundai Group, but because of whether Chu Huan can succeed in acquiring Ford Motor Company.
Everyone on Wall Street knows that Ford Motor Company adheres to the B-share standard, which means that if you want to surpass the Ford family and become the spokesperson of Ford Motor Company, there is only one way to get all the shares!
Then the Ford family, a fish in trouble, will definitely not give in so easily, so it is not certain who will win in the end.
More importantly, does Chu Huan have so much money in his hands?
Thinking of this, everyone at the New York Stock Exchange felt a surge of enthusiasm. They wanted to see what would happen next?
Dearborn, Michigan, inside the Hilton Hotel!
Zheng Shiyong and Zheng Mengxian, the uncle and nephew, finally received the news at around ten o'clock this morning.
The two uncles and nephews sat there without speaking for a long time. No one expected that things would develop like this?
Zheng Shiyong previously said with certainty that no matter who acquires Ford Motor Company, they will not ignore their cooperation with Hyundai Motor, but now this statement sounds like a joke.
It is true that no matter who acquires Ford Motor, it will not affect the cooperation between Ford Motor and Hyundai Motor, but there is only one exception.
This person was someone they had never thought of before - Chu Huan!
"Is this Chu Huan crazy?" Zheng Shiyong sat there and couldn't help but said, "In order to anger our Hyundai Group, he wants to acquire Ford Motor Company?"
Zheng Mengxian murmured, "I don't know whether he is crazy or not, but I want to know where he got the confidence to acquire Ford Motor Company?"
If it is said that the person doing this is a large consortium in North America, or a joint consortium, I believe it, but why should Chu Huan?
Does he have that much money?"
"No!" Zheng Shiyong immediately said, "He doesn't have it. It's absolutely impossible. This is three to four billion US dollars. How can he have so much cash?"
"If Chu Huan didn't, then why is he doing this now?" Zheng Mengxian said in confusion, "Is it just to scare us?"
Zheng Shiyong shook his head and said, "This is a madman!"
He didn't know Chu Huan's purpose for doing this, but he thought that Chu Huan who did this was a madman.
Zheng Mengxian didn't want to discuss this question that they didn't know the answer to, so he hurriedly said, "Second uncle, my father should be notified immediately about this matter, and then you have to contact Ford II of Ford Motor Company.
As the saying goes, the enemy of my enemy is my friend. Now that Chu Huan wants to acquire Ford Motor Company, he has already placed himself on the opposite side of the Ford family. As long as we unite, no matter what means Chu Huan uses, he will fail in the end.
Sinking sand.”
Zheng Shiyong immediately nodded and said, "Yes, that's the truth. I'll call your father first!"
According to the time difference, it is already past 11 pm in Seoul, and Zheng Zhouyong is already lying in bed and sleeping.
However, the harsh sound of the phone in the room woke up Zheng Zhouyong, and a very dissatisfied Zheng Zhouyong answered the phone.
"who?"
Zheng Zhouyong, who was woken up, naturally couldn't speak in a good tone.
"Brother, it's me, Zheng Shiyong. Something big happened here in North America!" Zheng Shiyong hurriedly told Zheng Zhouyong what happened in North America on the phone.
"The Romance of Fairy Wood"
Zheng Zhouyong, who was originally dissatisfied because he was woken up, immediately woke up after listening to Zheng Shiyong's words.
"Chu Huan is looking for death!"
Zheng Zhouyong took the phone and preached directly.
"With his financial resources, how could he possibly acquire Ford Motor Company? Fortune called him the richest man in Hong Kong and the richest man in China. Does he really think he has tens of billions of dollars in cash?
Want to buy Ford Motor Company?
What an international joke!"
After complaining about Chu Huan, Zheng Juyong gave the same advice as Zheng Mongxian, "You should immediately contact Ford II of Ford Motor Company to express that our Hyundai Group and the Ford family will always stand on the same front. If they need help, our Hyundai Group is willing to
Provide $50 million in support!”
It can only be worth US$50 million.
As a heavy industry group, Hyundai Group has a very high market value at this time, with a market value of several billion dollars, but as Zheng Zhouyong just commented on Chu Huan, that is only the company's market value, not the cash they can actually deploy.
Being able to come up with 50 million US dollars is already the limit of Hyundai Group.
Now the entire Hyundai Group is a place to spend money.
The three core companies under the Hyundai Group are Hyundai Construction, Hyundai Motor, and Hyundai Heavy Industries.
All the funds of Hyundai Construction are now invested in the international project of Saudi Arabia's Jubail Industrial Port. Hyundai Motor's Pony car has been launched, but now the funds have not been withdrawn. At the same time, they still have many difficulties that they have not overcome.
It also requires a lot of cash, and Hyundai Heavy Industries just started construction last year, so it is even less likely to come up with cash.
There is another thing that outsiders don’t know.
In other places, for a large consortium with healthy operations, a healthy loan rate should be around 30% of the asset value, but South Korea is a special country controlled by chaebols.
The loan rate of the chaebol may have reached a certain level, but I am afraid only they themselves know the specific amount.
But there is one data that is public, that is, the loan rate of South Korea's manufacturing industry is as high as 400!
That’s why some people say that South Korea’s chaebols are actually vampires attached to South Korea.
After Zheng Shiyong received his brother's answer, he immediately said, "I know, I will contact Ford II immediately."
Zheng Zhouyong asked, "Remember, when you meet Ford II, you must be polite!"
Zheng Zhouyong knew that when his brother arrived in Michigan yesterday, he did not see Ford II immediately. At that time, Zheng Zhouyong and Zheng Shiyong were angry, but they were also a little confused. Why didn't the other see Zheng Shiyong?
Now they understand!
Ford II must have known about Chu Huan's acquisition of Ford Motor shares in advance.
Chu Huan had no grudge against Ford Motor Company, so why did he suddenly attack Ford Motor Company?
There is only one reason, and that is because of Hyundai Group!
In other words, if there were no grievances between Hyundai Group and Chu Huan, Chu Huan's acquisition of Ford Motor would not have happened this time.
Having become a victim of disaster, it would be strange for Ford II to have any good feelings towards Hyundai Group!
Zheng Shiyong took the phone and nodded, "Understood!"
The two brothers hung up the phone.
Zheng Shiyong then dialed the number of Ford II's office again. The person who answered the phone was Ford II's secretary. After learning that the caller was Zheng Shiyong, the president of Hyundai Motor, Ford II's secretary told Zheng Shiyong that their
The president is very busy now and has no time to see him!
Sure enough, he was angry!
After Zheng Shiyong secretly cursed Chu Huan, he immediately expressed his willingness to provide 50 million US dollars in support to Ford II.
With this support, Ford II was finally willing to meet Zheng Shiyong.
"Mengxian, follow me to see Mr. Ford II!" Zheng Shiyong said to Zheng Mengxian after hanging up the phone.
Zheng Mengxian nodded.
New York, Rockefeller Center, North American Jiaku Headquarters, Chu Huan's office.
Jerry Kohlberg was telling Chu Huan about Wall Street's reaction to this incident, as well as Ford II's reaction.
"The current reaction from Wall Street is that they don't have much hope that we can acquire Ford Motor Company, mainly focusing on the two aspects of the B shares controlled by the Ford family and whether we have sufficient cash."
Chu Huan nodded. Chu Huan was not surprised at all by such a reaction from Wall Street. After all, KKR, who was responsible for acquiring Ford Motor Company for North American Jiaku, said that North American Jiaku would acquire Ford Motor's shares in cash.
This is an expenditure of nearly four billion U.S. dollars, and no one thought that NAAK would be able to come up with so much cash.
"More people think that our acquisition this time is mainly to use it to beat Ford Motor Company, and use Ford Motor Company's identity to clamp down on the development of Hyundai Motor Company."
"Haha!" Chu Huan chuckled and said, "What they thought was actually correct, but the result does not mean that the process must be what they thought."
Then Chu Huan looked at Jerry Kohlberg and said, "What's going on with Ford II?"
Prior to this, Ford II had already known through the mouths of shareholders and securities companies contacted by kkr that it was Chu Huan who acquired Ford Motor's shares.
Before that, he had already wanted Jerry Kohlberg to let him meet Chu Huan.
Now that Chu Huan's task of acquiring some stocks has been completed, Ford II will definitely make new moves.
"The other party has already called us. He wanted to meet with you before, but now he has not proposed to meet with you. He just asked me to tell you that Ford does not accept any threats!"
Jerry Kohlberg preached to Chu Huan.
Everyone else has figured out that Chu Huan's acquisition of Ford Motor's shares this time is for Hyundai Motor, which is cooperating with Ford Motor.
Before the matter was made public, Ford II would negotiate with Chu Huan, but now that the matter has been made public, if Ford II meets and negotiates with Chu Huan at this time, and it falls into the eyes of outsiders, it means that Ford II has given in to Chu Huan.