The Industrial Giant Reborn

Chapter 406 Reaching an Agreement and Acquiring the Lakers

"In principle, there is no problem with these. I was planning to spend a sum of money to renovate the two parks. As for overseas tour groups, I will naturally try my best. This is also good for me, but I am not too sure. When people come to travel, the biggest cost is not the park fee." Chen Zhiwen thought for a while and said.

One of the reasons for Disney's decline is that the two big parks are getting older, lack of funds, and there are no new projects, which leads to fewer people coming and a drop in rent, forming a vicious circle.

In order to recover, a large amount of external funds are necessary for renovation, new projects and publicity, but the most important thing is in the entertainment field. Disney needs to restore its previous strong reputation. In fact, only a strong reputation can attract people. More people, that is to say, the paradise itself needs the support of the entertainment industry, otherwise, such a large asset would have died long ago.

"In fact, the Ministry of Commerce is still supportive of your acquisition. They also hope that you can participate more in investment in the United States. In fact, they also want to use you as a template to attract other international capital, such as those from Europe and Japan. , as long as it is not a sensitive industry!" Jim Hughes said with a smile: "President Reagan's strategy in recent years is actually to attract a large amount of foreign capital to invest in the United States to ensure employment in the United States, and everything must be balanced. Foreign capital at home cannot freely invest, so American capital may be restricted when it goes to other countries, at least so many allies of the United States cannot be forced.”

"Then I have taken advantage of President Reagan. If the Ministry of Commerce agrees, will there be any other problems in the White House Council?" Chen Zhiwen asked again.

Although the U.S. government and capital are not good things, some basic rules will still be followed. After all, global trade and capital freedom were proposed by the United States. The original intention was to use the powerful capital of the United States to harvest other countries, but the economic Under colonization, a certain degree of reciprocity rules also needs to be followed. For example, foreign capital can also invest and acquire in the United States. After all, even the British military colonization a hundred years ago also tacitly allowed the colonial goods to be sold to the United Kingdom. free trade.

Of course, with the strong industrial capabilities of the UK at that time, it was natural that the UK mainly exported various industrial products. The same is true for the US today. To a greater extent, US capital harvests industries or companies with potential in other countries.

Even if Disney’s profits are normal, this kind of company will not have the opportunity to be acquired by foreign capital. It can only be said that it is difficult to make cheap money in the United States. Most of them are played by American capital. The Japanese consortium in the building, but with the Prophet Gold Finger, it can still drill a loophole.

"Yes, but don't worry. Large-scale acquisitions, that is, mergers and acquisitions between local American companies will happen. Some congressmen will always come out to find trouble for the sake of fame and zz capital. We will be responsible for this matter, but because there are These people are here, and the follow-up may delay a little time." Jim Hughes explained: "There are many things in the parliament. Once someone finds trouble, a hearing needs to be held. In this case, it may take a while, but we This acquisition does not involve national security, nor does it involve environmental pollution, and those few congressmen just grasped some American culture, which is of no great use, and capital is the most important thing.”

"Well, in other words, the follow-up basically just needs to wait?" Chen Zhiwen asked.

"Yes, just wait for our good news." Jim Hughes nodded.

"OK, this acquisition went very well. If there are other acquisitions in the future, Morgan Stanley will be my top priority." It is indeed a lot more convenient for me to cooperate with such a large consortium with resources and connections, and what I need to pay is to constantly inform the other party of some high-yield projects that I cannot participate in the investment. In fact, for me, almost It costs nothing.

"It's a great honor to serve you. We at Morgan Stanley are willing to cooperate with people like Che Xian for a long time for mutual benefit." Jim Hughes said with a smile. Their consortium is currently studying the two investment directions proposed by Chen Zhiwen, one It is the junk bonds within the United States, and the other is the sovereign bonds of South America.

Although no changes can be seen because of the short period of time, the most basic logical analysis is correct, that is, as long as the oil price remains low, the U.S. economy will inevitably recover, and junk bonds have a strong leverage attribute. That is definitely not low, and the economy in South America will also slowly return to normal with the long-term low oil price. In this way, although the country may not become stronger and better, the bond problem will also be able to repay. In particular, the IMF and the World Bank are already negotiating with countries such as Argentina and Brazil.

And Chen Zhiwen himself invested in large-scale farms in South America, which also made the Morgan Consortium feel that South America, which has a large amount of high-quality land, at least in terms of food, can be regarded as having a stable income. After all, according to the forecast of the World Bank, the future global population , it will be a matter of time to break through 10 billion, and there are so many countries in Asia, if the economy rises, the demand for food and meat will definitely be high.

As for the core of the problem: oil prices, there is now a solution. Europe and the United States, as the most developed regions in the world, have been cheated by the Middle East twice in a few years. No one can bear it. The United States, Europe and the United States and other developed countries have promoted the establishment of oil reserves Large-scale projects to ensure that even if there is no oil imports, it can have a 90-day reserve. At the same time, the United States, the military, and bases have also begun to concentrate on the Middle East, and they have also begun to make good friends with these countries.

The most important thing is that Europe and the United States have begun to encourage the development of oil in places other than the Middle East and polar bears on a large scale, and their orders will also be distributed to these places.

Although it is difficult to solve the dependence on oil from the Middle East, at least it will be much better.

Based on various international factors, the two investment projects proposed by Chen Zhiwen are very feasible. Morgan Stanley has also begun to encourage its various clients to invest in these two areas, so as to obtain profit dividends from them.

"Well, okay, I need to go back to Hong Kong in a few days, keep in touch with me at any time." Chen Zhiwen nodded and said.

In Hong Kong, with the improvement of the infrastructure, the mobile phone is already available, which makes Chen Zhiwen's business communication much more convenient. No matter where he is (within Hong Kong), he can receive news from Europe and the United States at any time. The communication industry, A big explosion is about to happen.

And my next goal is naturally Hong Kong Land. Hong Kong Land also acquired Hong Kong Telephone Company a year ago. This is actually one of Chen Zhiwen's plans. It is more difficult for him.

But if Hong Kong Land acquired the Hong Kong Telephone Company first, then when it acquired Hong Kong Land itself, it would naturally be able to enter the telecommunications field by the way.

...

As the behind-the-scenes boss of this acquisition, Chen Zhiwen has basically completed what he should do. The most difficult part of the acquisition is to decide on the final price and agree to some conditions from the other party or the government. As for the subsequent arrangements for the company's management, who will be the group CEO? , or the future strategic development direction of the company, etc., are all things that need to be prepared after a successful acquisition.

At all time points, he has set up very well, as long as Disney gets it, then the follow-up will go according to plan.

However, coming to the United States this time is not only about acquiring Disney, but also a small acquisition.

Departing from New York City, Chen Zhiwen's private plane took 3 hours to arrive in Los Angeles.

In an office in a super building, Henry Morgan took out a contract and said with a smile: "Eric, this is the acquisition intention agreement of the Los Angeles Lakers. Their offer is 28 million US dollars. Later, I arranged for Morgan Stanley to People talked with them for more than a month, and the final price was 23.8 million US dollars, and they would not sell it any lower."

"2380?" Chen Zhiwen smiled, took the document, and read it carefully.

That is to say, basketball has not yet begun to rise in the United States. Otherwise, after ten years after Jordan leads the NBA to spread all over the world, the figure of 2380 may not be enough to buy a capable basketball star.

There is nothing special about the conditions in the document. It is a normal transaction. The contracts of all basketball members of the Lakers will be transferred along with the transaction. At the same time, there are several basketball courts and sports and fitness facilities in Los Angeles. Of course, the most important thing is 13 million dollar liabilities.

No way, normal companies will have debts, and Disney is the same. Even the predecessor of Costco, which was acquired a few years ago, also has debts. If you want to buy it, you have to bear it, but the transaction price is actually deducted from debts.

"How?" Henry Morgan asked after a while.

"It doesn't seem to be a problem, so let's wait until I hand over the contract to my lawyer team to have a look." Chen Zhiwen said.

Although the transaction negotiation is handed over to the Morgan consortium, or sometimes other investment banks are selected, or other investment banks are selected for acquisitions and investments outside the United States, the contract and legal aspects need to go through multiple reviews. Chen Zhiwen has long He has established his own international legal team, and also cooperates with many local big law firms to avoid various legal disputes that may arise with multiple insurances.

Even the debt is the same. The investment bank will investigate the debt problem, and Chen Zhiwen will also arrange for someone to investigate. Although there is no way to see the financial data of the other party through a secret investigation, he only needs to investigate various large debts. Other small ones, Even if it is concealed, it will have little effect, and there is also a accountability mechanism.

"OK, let me know when it's confirmed." Henry Morgan nodded and said.

"Don't worry, as long as there is no problem, it will be settled in a few days." Chen Zhiwen said with a smile.

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