The U.S. stock market is closed today, but this does not make those energetic Wall Street elites feel that their energy has nowhere to go, because the acquisition of Ford Motor Company by North American Acu is still the most exciting news on Wall Street.
On one side is a wealthy man from Xiangjiang, and a fierce dragon is crossing the river!
On one side is the North American consortium, a tiger crouching in the forest!
It's just that Chu Huan's side is now very powerful, first by acquiring the stocks of some major shareholders of Ford Motor, and then sweeping Ford Motor's stocks in the stock market, as if he must become a major shareholder of Ford Motor.
The Ford family, on the other hand, seems to be very low-key. As of now, there has been no public action, which makes the Wall Street elites curious.
Is the Ford family sure of victory? Or is there an undercurrent?
It is under such circumstances that North American Aku suddenly announced through KKR that it will hold a Ford Motor shareholders meeting as one of Ford Motor's major shareholders next Monday, June 14, to discuss re-selecting board members to join Ford Motor Co., Ltd.
Car board thing.
"Finally the second move!"
After learning the news, the entire Wall Street reacted immediately. When Chu Huan's North American Jiaku acquired Ford Motor's shares, some people were analyzing that if Chu Huan wanted to have a say in Ford Motor, the first step was to acquire
If you become a major shareholder of Ford Motor's stock, the second step should be to join Ford Motor's board of directors!
In addition to being excited, these people are also watching the reaction of the Ford family. Will they remain motionless like an old dog like when North American Jiaku acquired shares of Ford Motor Co., or will they take certain actions?
"I think the Ford family must take action. Otherwise, if Chu Huan really joins the board of directors of Ford Motor Company, the Ford family will be in trouble!"
Several stock analysts on Wall Street were sitting in a coffee shop on Wall Street and were discussing this matter. Because this is Wall Street, even though this is a coffee shop, there is still a TV playing financial programs.
"It's hard to say, even if Chu Huan joins the board of directors, it is impossible to put pressure on the Ford family on the board of directors. Don't forget, the Ford family has been running Ford Motors for more than 70 years. During this period, how many people wanted to covet Ford Motors, but in the end they all failed.
It’s a shameful return.”
"Aren't you curious about the wealth that Chu Huan from Xiangjiang holds?"
"If you are curious, didn't "Fortune" publish a report on him last year? He is worth more than 60 billion Hong Kong dollars, which is equivalent to more than 10 billion U.S. dollars. However, this is just his net worth. The funds he can mobilize will not exceed
$500 million!”
"But now Chu Huan has spent at least US$1.2 billion on acquiring Ford Motor shares!"
"I heard that Chu Huan met with the presidents of First Boston Bank and Chase Bank some time ago. Chu Huan's current funds should come from the support of these two banks!"
"I find that I can't see through Chu Huan's thoughts. If he just wants to use Ford to suppress Hyundai, but now he has invested such a huge amount of money in such a big way, the funds will have to be locked up for at least half a year.
Cash out, why on earth is this!”
"If you can guess what Chu Huan is thinking, maybe you will have Chu Huan's wealth!"
Discussions like this can be seen everywhere on Wall Street.
After this period of acquisitions, Chu Huan is no longer transparent on Wall Street. Regardless of whether Chu Huan's acquisition of Ford Motor is successful or not, it is undeniable that Chu Huan is definitely a superstar on Wall Street at this time.
"I think this is the end of this acquisition. You see, now Chu Huan has announced that he will convene a shareholder meeting of Ford Motor Company. It is obvious that he is putting pressure on the Ford family. Regardless of whether Chu Huan really wants to acquire Ford
Cars, at this Ford Motor shareholders meeting, the Ford family will definitely meet Chu Huan and have a good chat.
By then both parties may be able to make things clear about Hyundai Motor, so"
At this point in the sermon, this person had no follow-up, but everyone else understood what he wanted to say.
From the beginning to the end, Chu Huan's acquisition of Ford Motor was actually for the Hyundai Group. If Chu Huan meets the Ford family at this shareholders' meeting and the two parties can negotiate the Hyundai Motor business, then there will be no more Chu Huan.
The matter of acquiring shares of Ford Motor Company.
The consequence of this is that Ford's stock price will naturally fall. After all, Ford's financial reports in the past two years have not been good, especially the failure of the Continental, which invested a lot of money in research and development and launched last year, which made the matter worse.
After thinking about this problem, all the stockbrokers who were discussing this issue decided to wait until after Monday and try their best to remind their clients to sell Ford Motor stocks. After this village, there will be no such store.
But just as these people were discussing in full swing, news suddenly came out on TV again.
The Ford family, which has never responded to this matter, finally responded for the first time!
When these people saw the female anchor speaking on the TV news and what was reported next was the statement of the Ford family, they all stopped their arguments and wanted to see how the Ford family would respond!
The response of the Ford family is actually what Ford II decided before. Of course, the wording is much more tactful.
First, a statement from the Ford family expressed its gratitude to investors for their trust in Ford Motor stock.
Secondly, the Ford family said that Ford Motor's current operations are very good, and the board of directors and management are also operating very well, so the Ford family is very satisfied with the current development of Ford Motor.
Since we are satisfied with the current development, there is no need to add new directors, and the management does not need to introduce new talents.
Secondly, the Ford family said that the company's major shareholders naturally have the right to convene the company's shareholders' meeting, but at the same time, the Ford family also expressed the hope that some major shareholders can maintain their own sanity and not affect the company's operation because of personal grudges.
Finally, the Ford family's statement stated that Ford Motor's president, Mr. Ford II, will fly to Switzerland today due to personal reasons and will not be able to attend Ford's shareholders' meeting on Monday. Matters at the shareholders' meeting will be fully entrusted to him.
His younger brother, William Ford, was in charge.
Among the four statements made by the Ford family, Chu Huan's North American Jiaku was not mentioned, but they were all in response to Chu Huan's intention to convene a Ford Motor shareholders meeting.
Everyone who saw this statement understood that the Ford family was telling everyone that although Chu Huan's North American Jiaku had become one of Ford Motor's major shareholders and had the right to convene a shareholders' meeting, it wanted to join the board of directors.
?
Sorry, not possible!
More importantly, Ford II, the head of Ford Motor Company, actually left North America at this time. This is a clear sign that he looks down on Chu Huan!
So everyone was shocked!
They were still discussing before, and believed that the Ford Motor Company's shareholder meeting held in Chu Huan's North American warehouse was the best opportunity for Chu Huan to meet Ford II, and it was also the best time for them to reach a settlement on the matter.
But unexpectedly, a statement from the Ford family directly rejected this opportunity!
"As expected, it is the Ford family. They are very confident. Chu Huan already holds 25 shares of Ford Motor Company. Yet they are still so strong in blocking Chu Huan from the board of directors!"
Someone sighed.
"Can I have no confidence? Ford Motor's B-share strategy ensures the Ford family's control over Ford Motor. Even though Chu Huan is now the major shareholder of Ford Motor, in fact, the Ford family has less say in Ford Motor.
They have paid so much money, and they are from outside. I don’t think the shareholders of Ford Motor will support Chu Huan.”
"It should be like this. The cooperation between Ford Motor and Hyundai Motor can help Ford Motor open the Asian auto market. This is a very important strategy for Ford Motor's future development. It is impossible for Ford Motor's shareholders not to see it.
These."
"Haha, let's see how Chu Huan responds now!"
Rockefeller Center, North American Jiaku Headquarters!
Chu Huan, David Maxwell, Jiang Zishan, and KKR's Jerry Kohlberg, Henrik Laiwe, and George Roberts were sitting in the conference room here.
They were summoned by Chu Huan for a meeting again because of the Ford family's statement, but at the same time, their meeting started earlier than the Ford family's statement. Who told Chu Huan to know the news in advance!
Before the start, David Maxwell and others were still doubting Chu Huan's words. Before the Ford family's statement was broadcast on TV, Chu Huan had already told everyone about the Ford family's decision.
Now that they saw the content on TV, the doubts in these people's hearts were gone, but more doubts arose. How did Chu Huan know about this matter in advance?
But everyone had a tacit understanding and did not ask questions out loud.
Chu Huan was sitting in the chief position. At this time, Chu Huan was also a little surprised by the statement of the Ford family. He knew that Ford II was a very proud person, but he did not expect that Ford II would be so proud. At such a time
, choosing to leave North America is really arrogant.
He knocked on the table and made a dull sound, turning everyone's attention from the TV back to Chu Huan.
"You have now seen the Ford family's statement. Tell me, what do you think of their statement?"
Although the Ford family's statement was full of humiliation, Chu Huan still looked calm at this time.
David Maxwell said, "Obviously, the Ford family is very dissatisfied with our previous attack on Ford Motor's stock. Now they just want to retaliate against us, and they also want to tell us indirectly that in this war,
Among them, they are the one who takes the initiative!
It's both a warning and a demonstration of their control over Ford vehicles."
Jiang Zishan nodded and said, "I agree with what David said!"
Jerry Kohlberg laughed out loud and said, "But this is just right, it gives us the opportunity to fight back against them. The Ford family has been comfortable for too long, and it has been long enough for them to think that in the field of Ford cars, their Ford family
It’s invincible!”
Everyone sitting here smiled. Just now, Chu Huan had given out their counterattack strategy. Now everyone is gathering together to make this plan more perfect and go over all the details without leaving any room for the Ford family in the middle.
A chance to fight back!
Chu Huan nodded and said, "Jerry is right, pride is often the most unnecessary thing for a manager, but now the Ford family has made such a mistake. They think that Ford cars are the private territory of their Ford family, and no one can defeat them."
Entering the fortress, if this is the case, then we must first open a gap for him and let them understand what pride sometimes makes them lose."
David Maxwell said, "Then I will immediately contact the TV station to issue our statement to counter them?"
Jiang Zishan had a different idea at this time, saying, "I don't think it's appropriate now. Issuing our statement too early will give the Ford family more time to prepare. I think we should follow the chairman's previous request.
We will make our statement tomorrow afternoon!
Just in time, didn't Ford II leave North America? Let's see how he plans to come back?"
The Ford Motor Company's shareholder meeting will be held on Monday morning. Chu Huan has prepared the first trump card for the Ford family, but it has not been played yet. The result of the previous discussion was to play it during this time period, but there is no specific decision.
time.
This chapter is not finished yet, please click the next page to continue reading the exciting content! David Maxwell also had his own reasons. He said, "If it is typed tomorrow afternoon, although there will be less time left for the Ford family, the same thing will happen."
During the time period when we issue the statement, the shareholders of Ford Motor Co., which we have discussed with before, will inevitably feel uneasy. If during this period, they doubt our ability and change their previous decisions, the gains outweigh the losses!"
"I don't think they will change their decision. They must have made such a decision after careful consideration, and they cannot change it so easily.
Our most important opponent at this stage is the Ford family, and we should focus on them."
Jiang Zishan had a dispute with David Maxwell for the first time since he joined North American AKU.
Jerry Kohlberg, Henrik Levy, and George Roberts sat there and did not express their opinions. Although they were involved in Chu Huan's acquisition of Ford Motor Company, they had their own company after all.
kkr, even though Chu Huan is one of the shareholders of kkr.
In this operation, to put it bluntly, they are still just mercenaries.
Now it is a dispute between the general manager and the deputy general manager of Ford of North America, and they are not in a position to get involved.
So the three of them set their sights on Chu Huan.
This kind of thing can only be decided by Chu Huan!
"David's suggestion is very good!" Chu Huan spoke up, and the argument between David Maxwell and Jiang Zishan naturally stopped. Like Jerry Kohlberg and the other three, they all turned their attention to Chu Huan.
On Huan's body.
"However, David does not need to worry about the shareholders we have already negotiated with. With Guo Bingxiang and the others here, we can get their feedback as soon as possible, so now we need to prevent the Ford family from having time to react!
"
By saying this, the meaning is already clear. Chu Huan supports Jiang Zishan's decision this time.
Naturally, David Maxwell cannot be like those who first entered the workplace. Because his boss rejected his suggestion, he felt uncomfortable and thought that the boss was targeting him.
If David Maxwell had such an idea, he would not be able to achieve such great achievements in the future.
"If this is the case, I suggest that this statement be issued after three o'clock in the afternoon, which can better shorten the time for the other party to think about countermeasures."
This is David Maxwell. Now that he has made a decision, he will immediately set the best execution strategy according to this decision, regardless of whether he made it himself.
Chu Huan had no objection to David Maxwell's suggestion.
"Can!"
Seeing that the three most powerful people in North America had determined this matter, Jerry Kohlberg revealed what they were responsible for.
"According to the current trend on Wall Street, many people actually understand that our acquisition of Ford Motor is more because of Hyundai Motor in South Korea. In addition, regardless of whether we will join Ford Motor and become a director of Ford Motor this time, everyone understands
Chu, there will definitely be a meeting between you and Ford II.
Now Ford II is trying to humiliate you by leaving North America and not meeting you. According to outside analysis, you will definitely buy Ford Motor shares in a big way.
So on Monday, as soon as the stock market opens, someone will definitely sell Ford Motor's stock in a big way. If coupled with Chu's statement, Ford Motor's stock price may be cut in half. So what will we do then?
?
Should we continue to build momentum to acquire Ford Motor's stock, or should we wait and see what happens?"
Chu Huan sat there, tapping the table gently and rhythmically. After a while, Chu Huan said, "Continue to make acquisitions. Only in this way can we continue to create a sense of oppression for the Ford family, and at the same time create problems for our alliance."
We are determined to win.”
Jerry Kohlberg said, "If this is the case, I'm afraid we won't be able to support it with the cash we have!"
For this acquisition plan, Chu Huan has prepared 1.4 billion U.S. dollars, but so far 1.2 billion U.S. dollars have been spent. If it is according to Chu Huan's request and the situation analyzed by Jerry Kohlberg, by Monday
At that time, Ford Motor's stock will definitely experience widespread selling and price cuts, or even panic.
But no matter what, Ford's size is still there, so even so, the cash used to acquire Ford stock will be a huge amount.
In other words, Chu Huan's remaining US$200 million is no longer enough to cope with the situation at that time!
Henry Levi also said at this time, "At the same time, Chu, the major shareholders of Ford Motors you contacted, if they finally decide to sell their Ford Motor stocks, it will also be a huge cash expenditure!"
To put it simply, Chu Huan doesn’t have enough money!
Everyone thinks that Chu Huan has used bank loans to acquire Ford Motor shares, but in fact Chu Huan has not used it.
Because once the loan is used, the annual interest will be calculated in billions of dollars. Although Chu Huan has a strong ability to make money, it does not mean that Chu Huan is willing to bear the current loan interest.
The annual interest rate of 13 is too much. During this period, Chu Huan has actually been discussing with the presidents of First Boston Bank and Chase Bank to reduce the loan interest.
It's just that the process is slow, but they are very willing to lend money to Chu Huan!
But at the same time, they also hope to earn more interest from Chu Huan. There is no conflict between the two!
From the perspective of First Boston Bank and Chase Bank, Chu Huan's acquisition of Ford Motor has reached a point where a winner must be decided.
If this is the case, then Chu Huan must need a loan from their bank, there is no doubt about this.
Therefore, in the negotiation of annual interest rates, these two banks have always been somewhat strong and do not want to give in!
This chapter is not finished yet. Please click on the next page to continue reading the exciting content! Chu Huan understands what they mean. As long as there is no shortage of funds on his side, Chu Huan is also willing to grind his teeth with them here. At the same time, Chu Huan
It is also necessary to use these two banks to continue to put pressure on the Ford family.
But now that I have less than 200 million US dollars left in my hands, I have to worry about cash.
"I know about this matter. I will solve this problem before flying to Michigan tomorrow!"
Chu Huan preached to Jerry Kohlberg.
Now that Chu Huan has made a decision, they have nothing to worry about.
Since then, Chu Huan's meeting has ended.
Chu Huan returned to his office.
Cao Yunshang, who was checking documents in Chu Huan's office, saw Chu Huan coming back. He got up and went to the refrigerator in the office, took out a bottle of Coke and handed it to Chu Huan.
"How was the meeting?"
"It's not bad!" Chu Huan sat there and took a sip of Coke, then continued with a smile, "Although the Ford family's impatient announcement caught everyone off guard, it was just a small episode and did not hinder the planning process of the entire matter.
"
Cao Yunshang stood behind Chu Huan, gently massaging Chu Huan's shoulders, and then said, "If that's the case, why do you look so worried?"
Chu Huan grabbed one of Cao Yunshang's hands, groped it gently, and said with a smile, "Because the funds transferred from all over the world have bottomed out!"
As mentioned before, in order to avoid HSBC discovering Chu Huan's true financial situation, Chu Huan has ordered his companies to no longer pool their funds in the same bank, but because of the company's business scope, it is spread all over the world.
Bank of.
Although this will be more troublesome, it is also safer.
Only when Chu Huan truly controls a bank will they be reunited.
Cao Yunshang was also a little surprised, "1.4 billion US dollars, will be gone so soon?"
Chu Huan nodded and said, "Even if it's just a show, the size of a Ford car is still here."
Cao Yunshang said helplessly, "But according to your plan, Ford Motor's stock price will definitely fall by next Monday, or even fall by half. By then, these funds will"
At this time, Chu Huan was already a major shareholder holding 25 shares of Ford Motor. If Ford Motor's stock price fell, Chu Huan would naturally suffer losses as well.
Chu Huan just laughed at this and said, "The stock price is always floating. It is common for it to fall today and rise tomorrow.
Besides, there is no way to sell the stocks we hold now. The so-called stock price and stock are just a piece of paper to us.
People who don't have much cash in their hands can naturally not accept such losses, but it doesn't matter to us. When the stocks in our hands are unblocked, Ford's stock price will definitely rise back. And I have said it before,
We are not going to sell all our Ford stock until we build our own car brand."
Chu Huan was reborn in this era. Although he made his first pot of gold in the stock market, Chu Huan personally always believed that for ordinary people.
It doesn’t matter if you enter the stock market to play, as long as you win a little and lose a little, it’s within a reasonable range that you can accept!
The most taboo thing for ordinary people is not to regard the stock market as a shortcut to get rich. If you have such an idea, there will only be one result: being cut off by capital like leeks!
Chu Huan is only short of funds at this stage, but it does not mean that Chu Huan's entire business empire is short of funds.
It’s already mid-June, and by July, two new games from Langyan Games, “Space Invaders” and “Pac-Man,” will be on the market. By then, these two crazy games will be available to Chu
Welcome to bring a lot of cash.
By then you will be able to deal with any emergencies.
Not to mention that every month, its own companies provide itself with nearly 3 billion Hong Kong dollars in revenue. This kind of cash flow is enough to instantly defeat more than 80 group companies in the world.
Cao Yunshang said, "If this is the case, should you call Xu Yi and ask her to transfer another batch of funds?"
"Let's wait until I finish meeting with the presidents of First Boston Bank and Chase Bank tonight!"
Chu Huan preached.
Regardless of whether you want a loan from First Boston Bank or Chase Bank, you will definitely want it during this meeting.
Cao Yunshang nodded and said, "Okay!"
That night, Chu Huan met with the presidents of the two banks, but the results of the negotiations were not very good.
Because of the Ford family's statement, the two banks understood that if Chu Huan wanted to join the board of directors of Ford Motor, he would definitely need more shares of Ford Motor, and naturally he would need more cash.
It was on this basis that the two banks responded to Chu Huan's request to reduce loan interest.
It can be said that the annual loan interest is 12!
Only dropped by one percentage point!
Faced with such a decline, what can Chu Huan say?
Naturally, they did not accept it, but because their names were still needed in front of them, Chu Huan did not just walk away. He just stated that the interest on the loan was unacceptable to them, so the final result of the negotiation between the two parties could only be in vain.
Already.
Things seem to have reached an impasse.
After Chu Huan returned to his villa, Cao Yunshang had already finished taking a bath and was waiting for Chu Huan.
After hearing the reactions of the two banks from Chu Huan, Cao Yunshang said angrily, "They are completely taking advantage of the situation!"
Chu Huan nodded and said, "Aren't they just taking advantage of the situation? Now everyone understands that what we lack most in the matter of the Ford Motor Company acquisition with the Ford family is funds.
If we lose financial support, our acquisition will come to an abrupt end. In their view, such a loss is unbearable for us!"
Cao Yunshang asked, "What should we do now? Should we call Xu Yi?"
Chu Huan shook his head and said, "No need for now. Since they all think that acquiring Ford Motor's stock requires us to spend a lot of cash, then I will let them see what it means to be able to get Ford Motor's stock without money."