Hong Kong's new giants

……

"Smart Group's assets should be 500 billion yuan, right?" Lin Zuhui said to Li Zhi who was opposite, with his arms around Zhou Huimin.

Li Zhi is the eldest sister of the three daughters and the woman who is the best at doing business, so the three of them take her as the head.

At this time, Zhou Huimin was on the side, looking at Lin Zuhui, with admiration, admiration, and playfulness in his eyes.

This scene happened to be seen by Lin Zuhui Yuhui again, he looked sideways at Zhou Huimin, and his heart throbbed immediately.

This look seemed familiar, and then he remembered it, like Zhou Huimin looked at Liming on the stage in his previous life, but with more love.

This look is so heart-wrenching for a man!

Lin Zuhui immediately took action, sticking Zhou Huimin's lips, and after a reward, he let go slowly.

"Brother Hui, let's talk about business first!" Zhou Huimin said shyly.

Absolutely, this woman is obviously 45 years old, she still looks like a girl in her 20s, of course it refers to her demeanor.

In fact, Zhou Huimin is already a light lady now, looking at the age of 30, she is still young, and more is paying less.

These women are anti-aging one after another, and Lin Zuhui has to spend energy on maintaining them, so as not to give others an opportunity.

"This is also a serious matter, wouldn't it be more emotional to put them together!"

After tuning the piano, Li Zhi had squatted under Lin Zuhui, with Zhou Huimin and Zhang Min on the left and right sides.

Li Zhi raised his head and said: "It's more than 500 billion! Before Lehman, we sold a lot of properties and stocks, and then bought them back quickly. After going back and forth, our assets have expanded a lot. Moreover, we have made profits from speculation in gold." It’s a few billion, I’m afraid our three houses all have 200 billion in assets.”

Lin Zuhui rewarded him and said, "Good job! How are the three eldest sons doing in college?"

In 1993, the three daughters gave birth to boys one after another. Later, the three daughters gave birth to two daughters and a boy respectively.

Therefore, the three eldest sons had already studied in Singapore last year and did not choose to study abroad. This is Lin Zuhui's meaning.

"It's all good..." Li Zhi commented.

"Well, that's not bad, you all deserve my reward."

……

……

The next day, Lin Zuhui and Lin Wenjie came to the branch of New Times Group in Singapore.

After sitting in the conference room, Lin Wenjie reported the acquisition progress to Lin Zuhui.

At this point, Lin Wenjie sighed in his heart that his father was really calm. He had the opportunity to tell him about the progress on the yacht yesterday evening, but he was directly rejected by his father on the grounds that he was off work.

Of course, Lin Wenjie also knew that his father taught himself to be calm and steady in doing things.

"The president of Heineken from the Netherlands visited us and hoped that we would help them reach the privatization of Asia Pacific Beer. They are willing to pay for the trademark rights and recipes of 'Tiger Beer' and related Asia Pacific beer brands, but they hope that these brands of beer will continue to be produced by them. "

Lin Zuhui couldn't help laughing, and said: "They have a good idea, and their feelings are still stuck on our necks. What do you think?"

Yuan Tianfan handed over the task to Lin Wenjie again.

Lin Wenjie did not show weakness, and said calmly: "The Heineken Beer Group seems to be showing weakness, but in fact it still wants to take advantage of us. And as long as we win the Asia Pacific Brewing shares held by F&N Group, our shareholding can immediately exceed 50%. , we can naturally take over Asia Pacific Brewing, and which breweries we can get at that time. Of course, in this way, Heineken Group has the right to let us buy their stocks, and at the same time they can withdraw Heineken Beer and related Brand. If we do this, we will pay a high price, which is expected to cost tens of billions of dollars. F&N Group can share a part of the dividend, and it is expected to return about 20 billion U.S. dollars.”

Lin Zuhui said: "So, what is your specific opinion?"

Lin Wenjie immediately said: "Being courteous first, fighting for more dominance from the Heineken Beer Group, and jointly privatizing Asia Pacific Brewing, but we must not only obtain Tiger and other beer brands and technologies, but also obtain half of the breweries. At most, we promise not to use Heineken’s technology. If they don’t agree, then we will start with Frasers Group and persuade the board of directors of Frasers Group not to sell the shares of Asia Pacific Brewery. Together with that part of the value, we will propose a full acquisition of Frasers Group at a reasonable price.”

At present, the board of directors and shareholders of F&N Group must hope to sell the shares of Asia Pacific Brewing, and divide this part of the funds first.Afterwards, the F&N Group will be packaged and sold. Of course, multiple consortiums will have to be invited to bid for it.

In this way, F&N shareholders can make money twice.

The senior executives of the acquisition team lamented in their hearts that Lin Wenjie was similar to his father's style of work, and the acquisition battle adopted "quick, ruthless and accurate".

In fact, the reason why Lin Zuhui has always been "quick, hard and accurate" is because he knows that the longer the acquisition war drags on, the higher the price will be.

But other acquisition teams don’t think so. They think that the best result is to test the price a little bit, and finally win with a slight advantage.But in fact, at the end of the day, there will always be a consortium that will suddenly offer a high price to scare off other competitors, and this high price is based on the high price that has been bid for several times.

On the other hand, Lin Zuhui is very optimistic about the prospects, so he is willing to make a quick decision; if the prospects are not very sure, he will also adopt the method of gradually bidding for acquisitions.

Lin Zuhui asked again: "When will our shares in F&N Group reach 30%?"

The executive responsible for purchasing the stock immediately said: "At present, there are still two forces in the market that are attracting funds, so the price is relatively high. The share price of F&N Group has risen to 8.88 Singapore dollars (7.28 US dollars, 14.4 billion shares), and We got a similar share price from OCBC. Assuming a quick fix, the 30% full takeover line could be reached by mid-August."

The Singapore stock market stipulates that if a 30% shareholding is reached, a comprehensive acquisition must be initiated, which is more ruthless than Xiangjiang's 35%.

The purpose of doing this is naturally to protect the interests of shareholders and prevent hostile takeovers.

In fact, many people don't want to take over the company in full, they want to control the company with the least amount of shares.After all, once it is fully acquired, the price will be very high.

But this time, New Era Group is obviously not afraid of a full acquisition.

Singapore's future economic situation is very good, whether it is shopping malls, residences, etc., the value will appreciate a lot.

What's more, the New Era Group has too much cash, and it is a good thing to consume a little.

"Okay, let's make a quick decision, get 30% of the shares as soon as possible, and then propose a full acquisition. This side, give the Heineken Group a clear signal that we must lead the division of the Asia Pacific Brewing Group and make them ready. Star For Lions Group, we need to convince their board of directors that Asia Pacific Wine is the value of F&N Group, and we will give F&N Group a generous price. Or let F&N Group sell Asia Pacific Wine as soon as possible in a way that the highest price wins .In this way, it becomes two independent mergers and acquisitions, so as not to delay too long."

"Okay, Chairman!"

……

The Joe Brown team of the Heineken Group strongly felt the ambitions of the New Era Group. They thought that they would give up the brand rights of Tiger and other beers, so that the New Era Group could extinguish the idea of ​​bidding for Asia-Pacific Brewing; Times Group made it clear that they want to enter Asia-Pacific Brewery, or even the entire Asia-Pacific Brewery.

As for New Era Group's statement that it will not use Heineken's technology to develop new products, Joe Brown's team is not at ease at all.After all, the technology has already been mastered by you, who knows if you need it or not.

"Immediately put forward an offer of US$45 billion to Frasers Group, and send consultants to persuade their board of directors, hoping to consider our situation based on the nearly [-]-year cooperation."

The top management of the team showed a little bit of reluctance. The price has been raised from 40 billion US dollars to 45 billion US dollars. The price is huge.The important thing is that the New Era Group did not express its withdrawal, and this is the scariest thing.

Generally speaking, if New Era Group said it would withdraw, it would not prevent Heineken Group from privatizing Asia Pacific Brewery. If Heineken Group quotes this price again, the shareholder meeting of F&N Group may reach a sale agreement.

At this time, Heineken Group holds 42% of Asia Pacific Brewing, F&N Group holds 39.7%, and New Era Group holds 8.8%, which is equivalent to 9% of public shares.

But the key point is that in the hands of F&N Group, whoever gets the shares will win soon.

……

After Heineken Group put forward an offer of US$45 billion, New Era Group immediately put forward a new offer of US$50 billion.

For a while, the media in Singapore, Xiangjiang, and even the world paid attention to this acquisition.

After all, there will be no more than 20 or even 10 such large acquisitions a year.Of course, taking into account the acquisition of F&N Group and calculating it together, this acquisition involves a capital of about 200 billion (Asia Pacific is worth more than [-] billion U.S. dollars, and F&N Group is also worth [-] billion U.S. dollars).

During the period, Lin Wenjie, as the executive director of New Era Group and the person in charge of the acquisition, accepted the reporter's interview.

"We still hope to jointly operate Asia Pacific Brewery with Heineken Group. If we get the shares of Asia Pacific Brewery from Frasers Group, we are willing to continue to maintain the 80-year cooperation between Heineken Group and Tiger Beer based on the principle of win-win cooperation. "

"For Frasers Group, we will also give the greatest sincerity. There is only one reason. Singapore is a country with unlimited possibilities and great prospects. Our New Times Group has always wanted to strengthen investment here. I love Singapore!"

Faced with Lin Wenjie's overtures, the Singaporean media quickly gave them high praise. Since they are all Chinese, everyone naturally hopes that the world's richest family will come to Singapore to invest more.

……

Here, F&N Group will soon give Heineken Group a deadline, otherwise it will vote on New Era Group's quotation for Asia Pacific Brewing on August 8.

Needless to say, facing such a high offer, it is almost impossible for the shareholders of F&N Group to refuse.Because once this resolution is passed, everyone will soon be able to share a sum of money, and then slowly sell F&N Group at a high price.

Heineken Group.

Qiao Brown's face was ashen, and he said angrily: "Shit! Damn it!"

He could tell that if he made an offer again, New Times Group would also offer an offer. If this continued, the Heineken Group simply couldn't afford it.

The Heineken Group’s profit last year was 14 billion euros (19 billion U.S. dollars), and it took several years of profits at one time. It would be strange if the board of directors would agree.

One executive suggested: "Let's go to the Singapore courts and try to stop Time & Newcastle from stealing our technology!"

It's a delaying tactic with little hope of success, but it's Heineken's last ditch effort.

……

In late August, F&N Group passed a final resolution to sell its 8% stake in Asia Pacific Brewery to 'Times & Newcastle Brewery Group' at a price of US$39.7 billion.

At the same time, 'Times & Newcastle Brewery Group' announced that its shareholding in 'Asia Pacific Brewery' has reached 51%, and it is willing to fully acquire Asia Pacific Brewery.

At this time, although the Heineken Group is still wrangling legally, it is clear that legal professionals in Singapore are generally not optimistic about their request.

This is business, and this is the cruelty of the capital world!

The value of Asia Pacific Brewery originally included those technologies; and now that 'Times & Newcastle Brewery Group' has acquired 51% of the shares, it has also become a major shareholder.

The two-line acquisition did not cause New Era Group to panic. The team of 'Time & Newcastle Beer Group' began to enter Asia Pacific Brewery and continued negotiations with Heineken Group.

On the other hand, since New Times Group's shareholding in F&N Group has reached 30%, at the end of August, it officially issued a comprehensive acquisition announcement: at a price of S$8 per share, it will fully acquire F&N Group, involving a capital of 9.55 billion Singapore dollar ($137.5 billion).

Analysts believe that Frasers' fair valuation ranges from S$8.58 to S$11.56, with an average of close to S$10.

Of course, this price is the price after selling Asia-Pacific Brewing Dividends.According to the agreement, New Era Group can distribute dividends of 15 billion US dollars (accounting for 30% of the shares).

……

Thai wine.

Su Xuming was stunned when he heard the price of New Era today.

"The initial quotation was so high, it seems that the New Era Group is determined to win!"

"Compared to the Hong Kong consortium, our Thai consortium is not enough, let alone the New Era Group is a worldwide consortium."

Su Xuming suddenly felt helpless, but fortunately he cheered up and planned to compete.

Chapter 767 [Successor of Trillion Consortium]

Time flies, and December (12) comes in a blink of an eye.

The stalemate for a long time in Singapore's F&N Group's acquisition battle entered the bidding process on December 12. The two bidders were New Times Group and TCC Asset Management led by Thailand's wealthy businessman Su Xuming.

Since TCC Asset Management, which originally bid lower, did not raise its price that day, New Era Group won.This means that New Era Group has no competitors in the bidding war, and has repelled consortiums from six countries in total.

However, for New Era Group to complete the acquisition, it still needs the approval of other shareholders of F&N Group.

At this time, New Times Group's shareholding has reached 43%, while TCC Asset Management has only 16%. The balance of victory has already been tilted towards New Times Group.

However, as the European and American economies are sluggish again, the shareholders of F&N Group must be eager to sell.

The final price given by New Times Group was S$10.25 per share, valuing F&N Group at S$147.6 billion (US$121 billion), a premium of about 20%.

At present, the businesses still held by Frasers Group include real estate, beverage and publishing businesses.

the other side.

In the contest with Heineken Group, New Era Group also won a strong victory, spending 52 billion US dollars to win the shares of Asia-Pacific Brewery held by Heineken Group. Heineken Group has almost withdrawn from the Asian market that has been deployed for 80 years.

And 'Times & Newcastle Beer Group' acquired 14 breweries and 30 brands owned by 'Asia Pacific Brewing' in 26 countries (14 brands controlled by Heineken Group quit Asia Pacific Brewing), including the famous Tiger brand beer.

This acquisition involved more than US$240 billion (US$120 billion for Asia Pacific Brewery and US$121 billion for F&N Group), and was promoted to the top ten global M&A cases of the year, and was widely reported by the media.

The American media described the consortium led by Lin Zuhui as "every less than two years, the world's top ten acquisitions must have the footprints of the world's richest man".

At the same time, many media focused their reports on the second generation of Lin Zuhui's family, using the term "successor of a trillion-dollar consortium" to make big reports.

……

New Era Group headquarters.

In Lin Zuhui's office, he called a meeting of several high-level executives, including the group's quartet—Chen Bin, Liang Zhenxun, Yuan Tianfan, and Lin Wenjie.

"The acquisition case has come to an end, and it coincides with the global financial crisis, so we can't really win." Lin Zuhui commented.

Due to the strong determination and ambition shown, the price this time was almost US$30 billion higher, of which US$20 billion was spent on Asia Pacific Brewing.

Of course, if it weren't for the 30 billion US dollars, it would not be New Era Group's turn to win long-term assets such as F&N Group and Asia Pacific Wine.

Lin Zuhui understands the truth that 'asset speculation' can only be a 'temporary solution' rather than a 'long-term solution'.

If he wants to build a more stable country for his son, he can only buy those old brands, and Tiger Beer and F&N Group are all old brands in Singapore.Needless to say, Tiger beer, but F&N Group has such an evaluation in the hearts of Singaporeans that "F&L Group's products must be high-quality goods", referring to the properties developed by it.

The four immediately understood the meaning of Lin Zuhui's words, and waited for Lin Zuhui to continue to comment.

"The next step is to integrate resources and take a long-term view, which is the real victory. Asia-Pacific Brewing should quickly integrate into the 'Times & Newcastle Beer Group'. While integrating resources, it must also maintain a certain degree of independent operation to achieve a win-win situation."

With the acquisition of Asia Pacific Brewing Group, 'Times & Newcastle Brewing Group' has become the third or fourth beer group in the world, and it is estimated that it is only behind 'Anheuser-Busch InBev' and 'Heineken Group'.

"For the Frasers Group, we must support its independent operation, deeply cultivate the Southeast Asian market, and then radiate overseas. The Frasers Group has three major business areas: 'high-quality residences', 'serviced apartments', and 'commercial real estate investment, construction and management'. In the field, we must continue to play. The time is ripe to re-list in Singapore."

Just a few comments, but directly set the general direction.That is to say, the assets acquired this time must ensure a certain degree of independent operation, rather than forcibly integrating resources; while operating independently, they must share resources with the headquarters and accept supervision and management.

"Yes, Chairman!"

"Wenjie, follow everyone and study hard!"