Through the wealth life

Chapter 485 Purchase Price
Zheng Yutong was in a bad mood in the United States. The Kadoorie family actually sent their successor, Michael Kadoorie, over to discuss matters related to CLP Power.

And obviously Kadoorie is determined to repurchase Exxon Energy's shares. Michael Kadoorie followed up on the purchase price proposed by himself without the slightest hesitation.

In the evening, Li Guangyu and Li Ka-shing appeared at the Peninsula Hotel to discuss the acquisition of China Power Group.

Guo Desheng said: "Yu Tong must have told you about the situation over there. It seems that the Kadoorie family is determined to take over the shares there. Besides increasing the purchase price on our side, There is currently no way."

At that time, everyone knew that the Kadoorie family would not give up the CLP Power Group easily, and the current situation was also within their expectations.

Li Ka-shing said: "Yutong now needs to negotiate a new maximum price for its own side. In response to Michael Kadoorie's priority acquisition, the preliminary plan we made before is useless."

Because the Kadoorie family has the right of first purchase, Li Guangyu is not too optimistic about this acquisition. The Kadoorie family can follow up with the price he offered this time. This negotiation is not good for them.

The reason why Li Guangyu himself didn't buy the tradable shares of China Power Group in the stock market was that he was not sure about winning the shares held by Exxon Energy, otherwise he would have asked Guo Fengtao and the others to do it in the stock market.

The Kadoorie family has the strength to take over the shares of Exxon Energy Company. Zheng Yutong's actions this time may make someone else a wedding dress.

Li Zhaoji said: "Guangyu, where do you think we should set the highest price?"

"Uncles and father-in-laws, Qingshan Power Station is still under construction, and the construction funds they actually promised are only 120 billion Hong Kong dollars, and there are still 80 billion that have not been received. However, China Power Group is affected by the stock market. The value of the stock market It should be lower than the actual value of the company. I think our highest price is the market value of the company in June." Li Guangyu replied.

Everyone here was shocked when they heard the price set by Li Guangyu. You must know that the current market value of China Power Group is only two-fifths of what it was then, and the bottom line is more than twice the current market value.

After serious consideration for a while, the bigwigs present agreed to the price set by Li Guangyu.They knew that the bottom line was low this time, and Zheng Yutong's side was not easy to negotiate, and if it was too low, the Kadoorie family would definitely follow up immediately.

Feng Jingxi said: "Guangyu, you also contacted some contacts in the United States to see if you can help us win the shares of China Power Group. At the same time, our two securities companies began to buy shares of China Power Group in the market, so that the Kadoorie family Get nervous, even if our acquisition fails, we can get rid of it early after knowing the news."

As expected of Feng Jingxi who is engaged in finance, he would not let go of the slightest chance of making money. As long as they enter the market and the news spreads that they and the Kadoorie family are competing for China Power Group, the stock price of China Power Group will immediately rise, and many All stockholders hope to make a fortune in it.

Li Guangyu himself did not object to Feng Jingxi's plan. Once the acquisition of shares over there was completed, he would eventually compete with the Kadoorie family in the stock market.Just considering the funding issue, these few want to buy the shares of Exxon Energy before talking about it.

Li Guangyu said: "Uncle Feng, I will instruct Sun Jianping to contact you at Sun Hung Kai Securities, and then we will sell them together and absorb as many tradable shares as possible."

Li Ka-shing and the others don't care about the affairs of their two securities companies. Their main business is not finance. Li Guangyu and Feng Jingxi can handle this aspect.

Li Ka-shing said: "Guangyu, I'm afraid this acquisition is not an easy thing to complete. Do you have any alternatives? Tell us for reference."

Li Guangyu really has no good solution for the time being. If he controls the Xiangjiang Electric Group, then he can have countermeasures. Unfortunately, this group was intercepted by the Singapore consortium. Li Guangyu did not build a new power group There are too many things involved in this, and it is also very troublesome.

Li Guangyu said: "At present, I have no other options. I can only hope that Uncle Zheng's acquisition over there will be successful. Otherwise, if we want to enter the Xiangjiang Electric Power Industry, I'm afraid it won't be possible in a short while."

Seeing that Li Guangyu also had some plans, those present could only think about making Zheng Yutong work hard and strive to win the shares in his hands.

After their discussion, Guo Desheng contacted Zheng Yutong immediately after returning home.

At this time, Zheng Yutong was still in the morning, and he himself did not leave the hotel. He was waiting for the news of the negotiation from Xiangjiang, and at the same time, he was waiting for the notification from Exxon Energy Company.

When Zheng Yutong received Guo Desheng's call, he immediately asked, "Desheng, how is your negotiation going?"

Guo Desheng also knew that Zheng Yutong was waiting in a hurry, so he immediately told Zheng Yutong the result of the discussion.

After Zheng Yutong heard about this peak, he also had some hope in his heart. He wanted to see if the Kadoorie family could spend so much money.The construction of the Qingshan Power Plant had emptied the Kadoorie family's funds. After the Xiangjiang stock market plummeted, the shares in their hands were not as valuable as before.

Moreover, because Li Guangyu and some Chinese-funded banks tightened their loans, the major banks have increased their risk assessment in terms of mortgage loans. Now the same share mortgages are much less than before.

Guo Desheng said: "Yutong, you just do your best there. This time, the Kadoorie family is not easy to chew on. According to the information we got, the Kadoorie family is getting closer and closer to the British consortium. If they have Without the support of the British consortium, especially HSBC and Standard Chartered, we have no financial advantage at all.”

Zheng Yutong had already prepared for this, and he knew very well that once he and others did something, if the Kadoorie family did not want to lose the controlling stake in CLP Power Group, they would definitely move closer to the British-funded consortium, and Xiangjiang is now only left by the British-funded consortium. ability to help them.

Zheng Yutong said: "I have been communicating with the chairman of Exxon Energy Company in the past two days. Even if we can't get the shares of China Power Group, we must let the Kadoorie family lock up all the funds in it. The follow-up of Qingshan Power Station will be more difficult." The follow-up construction funds of 80 billion Hong Kong dollars will be decided by the Kadoorie family.”

Guo Desheng saw that Zheng Yutong knew what was in his mind, so he didn't say any more. After chatting with Zheng Yutong about other things, he hung up the phone.

And Zheng Yutong had just hung up on Guo Desheng's phone for a few minutes when the chairman of Exxon Energy, Mitis Owen, called and invited Zheng Yutong to go to their company headquarters in the afternoon to discuss in detail about the acquisition of shares of China Power Group.

Zheng Yutong guessed that the Kadoorie family had already discussed the issue of share repurchase with Mitis Irving, and they made an appointment to meet with him at this time, probably because they were not satisfied with the price offered by the Kadoorie family and wanted to raise the purchase price by themselves.

……

(End of this chapter)