474,Everyone: This is an impossible takeover battle to win
‘Chu Huan: It’s never just talk!’--"True Report"
As Chu Huan's official newspaper in Xiangjiang, "True News" has always been able to report Chu Huan's news to the people of Xiangjiang as soon as possible.
This time is no exception!
Just when Oriental Daily and South China Morning Post analyzed that Chu Huan’s previous declaration of war against Hyundai Group was just talk and triggered heated discussions among many people in Hong Kong, Zhen Bao published the latest article a day later.
news!
Chu Huan: It’s never just talk!
The contents shocked the entire Xiangjiang people!
Because Chu Huan is now acquiring Ford Motor Company, a provider of modern automotive technology in North America!
Without Ford's technical support and Ford's patent support, whether Hyundai can continue will be a huge question mark!
But this is not the issue that Xiangjiang people are most concerned about.
The question that people in Xiangjiang are most concerned about is why Chu Huan acquired Ford Motor Company.
In this report of "True News", the situation of Ford Motor was listed. The listed A shares of Ford Motor are worth more than 3 billion US dollars. In addition, the Ford family also holds 40% of the voting rights of Ford Motor B shares.
share.
No matter how you look at it, this is an acquisition war with no chance of winning.
Is this another war of words?
Someone thought so.
But the following content, tell these people, is not a war of words at all, because Chu Huan has acquired Ford Motor A shares worth US$1.01 billion!
Since it’s not a war of words!
So the question comes back, why did Chu Huan acquire Ford Motor Company?
Just this question caused the whole of Xiangjiang to fall into heated discussions about this matter.
There are also newspapers at the same time, and for the first time, the afternoon newspaper is on sale!
‘Chu Huan’s net worth is huge!’--"Sing Tao Daily"
"Sing Tao Daily", which has a firm grasp of the pulse of Hong Kong, released its afternoon paper today, specifically introducing the situation of Chu Huan and Ford Motor Company.
In fact, the content mainly talks about Chu Huan's situation.
But due to time constraints, "Sing Tao Daily" wanted to occupy the hot spot of this matter earlier.
So many of the things mentioned in it are actually the introduction of Chu Huan by Fortune magazine last year.
Compared with last year's "Fortune", there is just one more Qingzhou Yingni.
Therefore, in the report of "Sing Tao Daily", it was stated that although Chu Huan has a net profit of about 6 billion Hong Kong dollars every year, it also stated that Chu Huan spends money in many places, especially the Zhulu Commercial Center, which started construction last year.
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"Even if Chu Huan didn't put this profit into other business projects, it would only be just over one billion U.S. dollars, but everyone knows that this is impossible. So now the 1.01 billion used by Chu Huan to acquire Ford Motor Company
Where do the dollars come from?”
Finally, the question was asked, which plunged the whole of Xiangjiang into a huge discussion.
Among them, the one that has received the most recognition is that Chu Huan must have loaned a huge amount in North America.
Only in this way can Chu Huan's plan to acquire Ford Motor be supported!
This is something that most businessmen in Hong Kong are concerned about.
But ordinary people in Xiangjiang don't think so far, they only think about a little now!
That’s how refreshing it is!
He was so happy that Chu Huan actually wanted to acquire a car company that had been in North America for decades, and it was also the second largest car company in the United States!
If this kind of thing doesn’t feel good, why would it feel good?
So today, since Chu Huan is no longer in Xiangjiang, his reputation has once again risen to its peak.
Sun Hung Kai Properties!
Guo Desheng, Guo Bingxiang, Guo Bingjiang and his son gathered together again, but their expressions today were completely different from yesterday.
"Can this be confirmed?"
Guo Desheng lit the newspaper on the table and asked Guo Bingxiang.
Guo Bingxiang thought of his father's reprimand to him yesterday, and hurriedly said: "I can confirm that I have already spoken to Xu Yi on the phone, and the other party confirmed this matter. Chu Huan is indeed taking action against Ford in New York!
"
Guo Desheng didn't speak for a long time, and finally he couldn't help but said: "Did Ah Huan go on her honeymoon, or did she go to stir up trouble?"
Guo Bingxiang murmured: "Maybe you are on your honeymoon while stirring up the wind and rain, right?"
Guo Bingjiang on the side said softly: "I am not very optimistic about this matter. Ford Motor is not a company in Hong Kong, and its market value is not more than 6 billion Hong Kong dollars, but more than 6 billion U.S. dollars. Even if A Huan has obtained two shares of Ford Motor,
Although there are many A-share shares, it is still not enough for the entire Ford Motor Company, not to mention that the matter is so big now, the Ford family must have taken precautions..."
At this point in the sermon, Guo Bingjiang was silent for a moment before continuing: "To be honest, I am a little confused about Ah Huan's operation. If he really wanted to acquire Ford Motor Company, he should have done it with Xiangjiang.
Let’s slowly penetrate it first. Now, it’s really not a good idea to make such a big fanfare.”
Guo Desheng and Guo Bingxiang, father and son, looked at each other and said nothing about Guo Bingjiang's opinion, because they also had the same idea in their hearts.
Although many people understand that Chu Huan's acquisition of Ford Motor shares is very exciting, but can it be successful?
That’s true, not many people believe it!
Guo Bingxiang said at this time: "Daddy, I want to go to New York!"
Guo Desheng had no objection to this and said: "After meeting A Huan, if A Huan has no objection, tell me the situation there in time!"
Although this matter has nothing to do with Guo Desheng, Guo Desheng still wants to know the moment-to-moment progress of this acquisition case that caused huge waves in Hong Kong.
Guo Bingxiang nodded and said, "Okay!"
After finishing speaking, Guo Bingxiang left Guo Desheng's office without any nonsense and went to the airport.
Then Guo Bingxiang met Feng Yongfa, Zheng Jiachun, Zhao Shizeng, Huo Zhenting, Michael Kadoorie, Tang Yunian and others at the airport who had the same idea as him.
Obviously, they had the same idea as Guo Bingxiang, and they all wanted to see with their own eyes how Chu Huan did this.
This chapter is not over yet, please click on the next page to continue reading! No nonsense, a few people bought the nearest flight and flew directly to New York!
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North America, New York!
According to the time difference, the time when Guo Bingxiang and others flew to New York was actually the night when Chu Huan announced the acquisition of Ford Motor Company in New York.
Ever since North America announced that it had invited KKR to acquire Ford Motor's shares on its behalf, this matter has also become the biggest news on Wall Street in New York.
But the entire Wall Street is also extremely skeptical about this, believing that it is basically impossible for Chu Huan from Hong Kong to acquire Ford Motor.
The reason why there is such a big fanfare now is to force Ford into submission.
This has also led to the fact that the entire Wall Street and the New York Stock Exchange are watching this matter today.
Some securities companies have also released some Ford Motor stocks, hoping to see if Chu Huan has the strength to continue accepting them.
What surprised them was that Chu Huanyou!
In just one day, Chu Huan once again acquired 31.89 million A shares of Ford Motor Company.
Before Chu Huan decided to acquire Ford Motor, Ford Motor's stock price was US$1.58 per share, and Ford Motor A shares issued a total of 2.38 billion shares.
But as North American Acu announced the acquisition of Ford Motor's shares, Ford Motor's stock price directly rose by US$0.15 to US$1.73 per share.
In other words, the 31.89 million Ford Motor shares acquired by Chu Huan yesterday cost a total of US$55.1697 million!
Such a move made the securities companies who were waiting and watching temporarily unsure of Chu Huan's true strength.
It would be said that Chu Huan does not have this strength, but now it seems that Chu Huan has not had this problem yet, and the acquisition has turned into a mess.
But with Chu Huan's revealed net worth alone, it would be very difficult to acquire Ford Motor Company.
That is, under such circumstances, the time came to the next day.
Chu Huan met Jerry Kohlberg and others again.
"Today we will apply to the North American Securities Regulatory Commission to suspend the license of Ford Motor Company. At that time, it will be our final decisive battle with the Ford family!"
Jerry Kohlberg preached to Chu Huan.
In North America, the common reasons for the suspension of trading of listed companies include when the listed company releases important information, such as annual reports, interim performance reports, convening shareholders' meetings, major acquisitions, etc.
At the same time, there are also some unexpected situations where trading will be suspended. For example, when the securities regulatory authorities believe that a listed company must clarify and announce issues that have a major impact on the company, it will suspend trading. When a listed company is suspected of violating regulations and needs to be investigated, it will suspend trading. When there is a circuit breaker in the U.S. stock market
Under certain circumstances, trading suspension operations will also be carried out.
When the North American stock market triggers a primary or secondary market circuit breaker, and the time is between 9:30 and 15:25 Eastern Time, trading in all stocks in the market will be suspended for 15 minutes; after 15:25 Eastern Time, trading will not be suspended;
If the trading day is a half-day trading, the time cut-off point is 12:25.
During any trading period throughout the day, if the third-level market circuit breaker is triggered, the entire market will stop trading until the opening of the next trading day. Based on the primary market circuit breaker and the secondary market circuit breaker, the market-wide trading suspension will only be triggered once a day.
Now North American Aku's acquisition of Ford Motor Co., Ltd. is obviously in line with the needs of North American listed companies to suspend their trading.
The suspension of trading is naturally beneficial to Chu Huan. After all, this will prevent the disorderly increase in Ford Motor's stock price on the stock market.
Chu Huan nodded and said: "If the North American Securities Regulatory Commission has not announced the suspension of Ford Motor's trading, continuing to acquire Ford Motor's stock will create a huge momentum."
Jerry Kohlberg said: "Based on yesterday's performance of North American AKC, KKR predicts that there will be at least 100 million individual shares in circulation on the stock market today."
Chu Huan understood what Jerry Kohlberg meant, 100 million Ford Motor A shares, which is nearly 200 million U.S. dollars.
"Don't worry about money, I just want Ford Motor shares!"
Seeing that Chu Huan was so determined, Jerry Kohlberg didn't say anything.
He said he would continue to increase his holdings of Ford Motor stock now.
After Jerry Kohlberg left, Cao Yunshang worriedly talked to Chu Huan.
"Brother Huan, isn't this matter a bit too big? According to the rules of the U.S. stock market, the money we are investing now must hold Ford Motor stock for at least half a year before it can be resold. And if we want to
To ensure that our investment does not suffer a loss this time, these stocks need to be sold in batches to stabilize the current stock price."
The North American Securities Regulatory Commission has strict controls on the trading of stocks of listed companies. One of them is that when a shareholder holds more than 10% of the shares, the shareholder becomes an "insider."
The stock resale restrictions are customized based on this point. When a shareholder holds 10% or more of the stock, the shareholder has restrictions on reselling the stock and is not allowed to engage in short-term trading.
According to the provisions of Section 16 of the North American Securities Exchange Act of 1934, the directors, executives and shareholders of the target company who beneficially hold more than 10% of the stock - all are insiders of the target company and are prohibited from short-term trading - that is, buying and selling
If the insider sells the stock within 6 months of buying the stock, and then buys the stock within 6 months of selling the stock, all profits obtained by the insider from short-term trading must be returned to the target company.
At the same time, at the time of sale, there are also express provisions: (1) Within 12 months before the resale occurs, the target company has submitted all reports to the North American Securities Regulatory Commission to disclose company information.
(2) The sale of shares by shareholders is a transaction conducted through a normal intermediary.
(3) The amount of shares sold by shareholders in any three months shall not be higher than the higher of the following two: 1% of the shares of this type; calculated based on the transaction data reported by shareholders in the last four weeks, the average weekly transactions of shareholders of this type of stocks
quantity.
(4) If the number of shares sold in this sale exceeds 5,000 shares or the total stock price is greater than US dollars, shareholders need to submit a Rule 144 notification to the U.S. Securities and Exchange Commission.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Cao Yunshang knew that Chu Huan did not really want to get control of Ford Motor Company, at least at this stage, Chu Huan did not have this idea.
So now Chu Huan has invested more than one billion U.S. dollars, and even when it will increase to two to three billion U.S. dollars in the future, keeping this money in Chu Huan's hands is two different concepts from holding Ford Motor's stocks.
Chu Huan patted Cao Yunshang's hand and said with a smile: "This is not how this account is calculated. From a normal point of view, it is indeed inappropriate for us to do this, and we may even lose some funds in the future, but
If our problem with Hyundai Group is just settled this time.
First of all, we will completely lose the South Korean market. In the next 20 to 30 years, South Korea will develop absolutely rapidly. If we lose the South Korean market, the losses to the Jiaku system will be more than ten times what they are now.
Do you know how much money the company in South Korea lost during this period of time alone?
More than 30 million Hong Kong dollars. If the timeline is extended, the loss will be even greater.
We cannot accept such losses!
In addition, through this incident, we must deter some companies in Asia and even North America. The Jaku Group is not someone they can bully if they want to.
If this time we are powerless in the face of the Hyundai Group's suppression, then in the future there will be other groups in other countries that use the same means as the Hyundai Group to restrict the development of our Jiaku system.
The losses at that time will be astronomical, which is absolutely unacceptable to us.
Finally, although it is impossible to acquire Ford Motor Company, we can take advantage of this opportunity to arrange our people into Ford Motor Company to learn from all aspects of their management, operation, and production. This does not require tuition fees.
On-site learning will also be a very beneficial thing for us to enter the automotive industry in the future."
To put it simply, Chu Huan wants to use this acquisition of Ford Motor to prove one thing to the world, that is, the Jiaku Group is not afraid of any other regional group company in the world's business dealings.
Use this acquisition to shock all groups or regional countries that have other ideas after seeing Hyundai Group's behavior.
What’s more, what outsiders don’t know is that Chu Huan will definitely get involved in the automotive field in the future, so Chu Huan must start cultivating his professional talents from now on. Only in this way can Chu Huan make plans in the automotive field in advance.
After receiving Chu Huan's explanation, Cao Yunshang finally understood Chu Huan's thoughts.
But it was precisely because he understood Chu Huan's thoughts that Cao Yunshang understood that Chu Huan would definitely win this battle.
Only by winning can we achieve what Chu Huan wants.
"There is no news from Ford II yet, what does the other party think?"
The most important thing about this acquisition of Ford Motor shares is the reaction of the Ford family. After all, they are the timing masters of Ford Motor.
"The other party must be taking action now, and it should be working with Ford Motor's shareholders."
Chu Huan analyzed.
After hearing Chu Huan's analysis, Cao Yunshang said worriedly.
"This will be difficult to handle. If the Ford family connects a small number of shareholders, they will have absolute say. No matter how many A shares we acquire, we will not be able to control Ford Motor Company.
of!"
Chu Huan had a different view on this, and said with a smile: "The setting of AB shares ensures the Ford family's control over Ford Motors, but it also restricts the development of Ford Motors. This is why Ford Motors can only appear after the emergence of
Mergers and acquisitions will only cause the stock price to rise, which is why Ford Motor's stock price rises extremely slowly.
Especially the major shareholders of Ford Motor Company have long hated the Ford family's AB shares. It is not easy for the Ford family to merge vertically and horizontally.
The most important thing is that in North America, there is no so-called loyalty at all. As long as the benefits are sufficient, their investors can betray anyone, and this is the situation that is most beneficial to us!"
While Chu Huan and Cao Yunshang were discussing this matter, far away in Michigan, Zheng Shiyong and Zheng Mengxian's uncles and nephews at the Dearborn Hilton Hotel were also discussing this matter.
Last night the two uncles and nephews met Ford II, the president of Ford Motor Company.
However, the meeting between the two uncles and nephews yesterday was not very beautiful.
Although they came with a gift of 50 million US dollars, Ford II still did not give them a good look.
The reason is naturally very simple.
There was a conflict between your Hyundai Group and Chu Huan, and as a result, Ford was asked to protect you from the wind and rain. No one would be happy with this kind of thing.
Under such circumstances, Ford II naturally spoke a little harshly, and Zheng Shiyong's mission to North America was naturally unlikely to succeed.
Before Zheng Shiyong came to North America, Chu Huan's acquisition of shares in Ford Motor Company had not yet been revealed. Zheng Shiyong's two most important tasks in North America were.
The first one is to let Hyundai's technicians come and learn.
Second, let Ford agree to let Hyundai Motor learn from Japan's Mitsubishi Motors!
These two tasks can be said to be the two most important links in the future development of modern cars.
As a result, everything came to a standstill because of Chu Huan's appearance!
Chu Huan said that during this period, due to Hyundai Group's ban on the Jiaku Group's business in South Korea, the Jiaku Group lost more than 30 million Hong Kong dollars.
But if Ford ultimately disagrees with Hyundai Motor's two strategic development plans, it is likely to cause the collapse of the entire Hyundai Motor Company.
After all, the current Hyundai car is still a stumbling child and cannot withstand the storm.
"Second uncle, we must not allow this matter to develop like this, otherwise, it will not only be Hyundai Motor that will suffer losses, but the entire Hyundai Group!"
Zheng Mengxian looked worried at this time and preached to Zheng Shiyong.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! How could Zheng Shiyong not understand this truth?
Hyundai E&C, Hyundai Motors, and Hyundai Heavy Industries are the trinity of Hyundai Group's triangular stool. As long as one corner is broken, the entire stool will be unstable.
It is true that due to South Korea's special characteristics, it is difficult for outside companies to invade South Korea from the outside, but this does not mean that South Korea's own business environment does not have problems.
South Korea's internal development is also due to the existence of several major chaebols, and competition is fierce.
Now everyone can jointly safeguard the status of chaebols in South Korea from foreign companies, but internally, they can merge and acquire each other.
If there is a problem with Hyundai Group, the other major chaebols in South Korea will definitely attack in groups and carve up Hyundai Group like bloodthirsty wolves.
"Don't worry. Although Ford II's attitude last night was not very good, he also understood that cooperation with our Hyundai Group is the key to their Ford Motor's opening up the Asian market, and it is also one of their most important investments in Asia.
So his attitude is only temporary and will not last long. As long as he completes the blocking of Chu Huan, they will agree to our company's request!"
Zheng Shiyong comforted Zheng Mengxian.
Zheng Mengxian said with some worry: "Just looking at Chu Huan's behavior in the past two days, I'm afraid he's going to take action? What if he really wants to buy Ford Motor Company?"
Zheng Shiyong said firmly: "This is impossible. Chu Huan does not have such a big appetite and cannot afford Ford cars. In that case, the debts he will bear will completely crush his entire business empire. If this is the case, it will not be possible at all.
Without us taking action, his enemies in Xiangjiang will attack him in groups and tear him into pieces!"
"Can't Chu Huan see these?"
After Zheng Mengxian listened to Zheng Shiyong's analysis, he became even more confused. If he followed Zheng Shiyong's analysis, Chu Huan would be facing a situation of inevitable defeat.
So why does Chu Huan still do this?
"I think Chu Huan can see it!" Zheng Shiyong said: "But Chu Huan has to do it, because if he doesn't do it, he will lose more!"
Zheng Mengxian was still confused and could only continue to ask: "Wouldn't it be more appropriate to bow to our Hyundai Group?"
Bowing to the Hyundai Group is just a loss of face, but with such hard steel now, the result is likely to be a huge crisis for the entire Jiaku business empire.
Zheng Shiyong chuckled softly: "Let me ask you, if Chu Huan chooses to bow to your father, what will your father do?"
Zheng Mengxian began to think about his father's character. After thinking for a while, Zheng Mengxian said: "My father will definitely share a part of the profits of Jiaku Department in South Korea!"
Zheng Shiyong nodded and said: "Chu Huan's Jiaku family has four major industries, clothing, media, real estate, comics and its peripherals. Among them, Black and White Media and Zhulu Real Estate are both based in Xiangjiang. I won't talk about this. Clothing and
The market for comics and their surroundings is in the global market outside Hong Kong, especially comics and their surroundings, which have the largest proportion and the highest profits.
Almost provided Chu Huan with more than 80% of the profits.
If Chu Huan in South Korea surrenders to us and contributes part of the profits, then groups and companies in other places will follow our example. What will Chu Huan do then?
If you give in this time, there will be countless times in the future, so Chu Huan must try to resist. Only by resisting can it be possible to avoid such a situation.
Based on the analysis of Chu Huan’s personality in business that we investigated, he cannot accept letting others have a say in his business, and his personality determines his destiny. This is the fundamental reason why he is doing what he is doing now!”
As of now, most people in the world who know Chu Huan know Chu Huan only from the report about Chu Huan's wealth in Fortune.
That's why Zheng Shiyong said at this time that Chu Huan's main business is the four major industries of clothing, media, real estate, comics and surrounding areas.
As for the newly established Wolf Smoke Games, they didn't notice.
They don't even know about Jiuzhou Electronics, which generates greater profits, and Yunhai Chain, which is developing steadily.
This is actually Chu Huan’s biggest reliance!
Know thyself, ever-victorious!
Chu Huan's enemies didn't even understand Chu Huan's true situation, so they still wanted to defeat Chu Huan, which was basically just a dream.
After listening to Zheng Shiyong's analysis, Zheng Mengxian breathed a sigh of relief and said: "So, now we only need to watch Ford II join forces with Ford Motor's shareholders, and then use Ford Motor's stock
Is it enough to hold on to Chu Huan’s cash?”
Zheng Shiyong smiled and nodded: "That's right!"
But then, Zheng Shiyong said with some regret: "Unfortunately, our business has not penetrated into Xiangjiang. If our business could penetrate into Xiangjiang in advance, we might be able to covet Chu Huan's business in Xiangjiang."
If Hyundai Group enters the Xiangjiang market in advance, then Chu Huan may not have to take the risk to acquire Ford Motor's shares!
After Zheng Shiyong listened, he thought silently.
But no matter what, in the eyes of the uncle and nephew, Chu Huan has already reached the edge of the abyss!
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As for Chu Huan, Guo Bingxiang and others were welcomed to the villa in New York tonight.