Perfection of Rebirth

Chapter 887 There is no airtight wall
When the various media invited by Guanghui Group went to Tokyo again, Goldman Sachs was not idle.

The island media, including the well-known media of "Asahi Shimbun" and "Yomiuri Shimbun", have received invitation letters for the signing ceremony.

Although Goldman Sachs did not specifically guide the content of the signing ceremony in the invitation letter, the media in the island country with great powers still picked up the matter of Goldman Sachs' transfer of Sanyo shares.

As local snakes, these island country media have their own news sources in major companies. For news such as the acquisition of three companies, it may be difficult for the Chinese news media to obtain news from island country companies in advance.

However, it is different for local companies in island countries.

This principle, in turn, is also true in the Celestial Dynasty.

For example, if a foreign company wants to acquire a large company such as Lenovo or Huawei, the domestic media of the investor may have very limited understanding of the progress of the acquisition, but once the local media of China is interested in this matter, there must be a way to get some informational.

Now Guanghui Group's acquisition of Sanyo is actually a similar reason.

The island country Yahoo first released a newsletter on April 22: Goldman Sachs will transfer its Sanyo shares, and the agreement will be signed tomorrow.

As the island nation's largest Internet portal, information about the acquisition of Sanyo by Guanghui Group began to be exposed from Yahoo, which was expected.

The island country Yahoo is a Japan-US joint venture company, which is controlled by SoftBank of the island country Masayoshi Son.Yahoo of the United States owns 34% of its shares, 15% of the capital comes from the stock market, and Sun Zhengyi owns 51% of the shares.

In April 1996, Masayoshi Son's Softbank invested 4 million US dollars to establish the island country Yahoo together with Yahoo Global, which was established only two years ago, of which Softbank accounted for 7200% and Yahoo Global accounted for 51%.

The following year, the island country Yahoo went public.

In 2004, the market capitalization of the island country Yahoo reached 500 billion U.S. dollars, while the market capitalization of Yahoo Global was only 330 billion U.S. dollars in the same period.

At the peak, the price per share of the island country Yahoo even exceeded 100 million yen.Its every move has a huge impact on Yahoo globally. For example, in the 2003 months from 2004 to 12, Yahoo's stock price rose by 25 US dollars, of which 19 US dollars may be attributed to Yahoo Island.

Supporting such a high market value, in addition to Masayoshi Son's own appeal, the island nation Yahoo's position in the island nation's Internet market and its good revenue status can be said to be the first.

From 1999 to 2004, Yahoo’s profit growth rate was 60%, while Yahoo’s global growth rate was only 14% in the same period; and in the fields of online auction, search, portal, broadband, wireless value-added, online banking and other fields, Yahoo’s leading position in Japan They are all in the NO.1 position, and these markets are either the most profitable Internet markets so far, or one of the most promising markets in the future.

Such an influential enterprise must have abundant channels.

Similarly, his influence is also very amazing.

If the first text message released by Yahoo Japan just announced the sale of Sanyo shares by Goldman Sachs, and the people of the island country had no response, then Yahoo Japan issued a text message that night saying that Sanyo Group would be acquired by China Enterprises, which aroused huge outcry from netizens in the island country. repercussions.

"Nani, I remember the date correctly, April Fool's Day has already passed."

"Sanyo, the company that accompanied me from childhood to adulthood, is this really the end?"

"Why, who can tell us why such a company that has been established for 70 years was actually acquired by Tianchao Enterprise?"

"Yeah, it's so uncomfortable!"

"Let me popularize the above. In 2004, Sanyo had an operating deficit of 1715 billion yen. For the company's reconstruction, Sanyo accepted 3000 billion yen from three financial institutions including Goldman Sachs, Sumitomo Mitsui Banking Corporation, and Daiwa Securities. However, the Iue family who founded Sanyo Electric Co., Ltd. was deprived of the management rights. Since 1986, Iue Toshi, who has been the president and chairman of Sanyo Electric Co., Ltd., was kicked out at the general meeting of shareholders. vacancies of directors.

Although major shareholders such as Goldman Sachs, which controls Sanyo's management rights, have hired some management experts to form a new management team, the new management team is dedicated to reviving Sanyo's industry, while investment funds hope to process Sanyo's cake. Cut into pieces and sell in order to pursue the highest investment benefits.This kind of conflict of goals and interests between operators and investors has caused Sanyo Electric to be in a difficult situation in recent years.

It can be said that the acquisition of Sanyo was an inevitable result, but I did not expect it to be acquired by a Chinese company. "

"Sanyo has been losing money. I can understand being acquired, but why didn't Sony, Panasonic, or Mitsubishi acquire Sanyo?"

"Yeah, yeah, it doesn't mean that Sanyo and Panasonic are one. Where is Panasonic at this time?"

The founder of Sanyo is Toshio Iue. He is not only the brother-in-law of Mr. Konosuke Matsushita, the founder of Panasonic, but also one of the founders of Panasonic. Before Sanyo was established, Toshio Iue was an expert at Panasonic Executive director (equivalent to vice president).

In 1946, when the island nation was in ruins after the defeat of the war, Iue left Panasonic and started his own business.Mr. Matsushita gave him one of his factories, which became the head office of Sanyo Electric.

Therefore, until now, the distance between Panasonic headquarters and Sanyo Electric headquarters is only 2000 meters.Because of this, for a long time, the employees of the two companies lived together in an apartment building, and there were children of Sanyo employees in the Panasonic Kindergarten.There are even many families where the husband works for Panasonic and the wife works for Sanyo.

No wonder so many netizens think of Panasonic.

"A company with 10 people was acquired by a Chinese company just like that. Is the island country's tomorrow really over?"

"Why are Daiwa Securities and Sumitomo Mitsui Bank willing to sell their shares to a Chinese company?"

"Why are no banks willing to provide loans to Sanyo?"

……

When the island country Yahoo began reporting the news that Sanyo was acquired by China Enterprises, the news was quickly spread on the island country Internet.

At the beginning, it was just comments from various netizens on the Yahoo page of the island country, and gradually some people began to repost it on Xiaonei, Twitter and other social media, causing a lot of comments.

One belt two, two belt four, by the next morning, basically half of the people in the island country knew that Sanyo was going to be acquired by Tianchao Enterprise.

At this time, the media of the Celestial Dynasty finally reflected it.

Of course, everyone's first reaction when they heard the news was: Could it be that the translation was wrong?Translated the United States or any other country into China?
But after a little investigation, it was found that this was not the case at all. The news that the Guanghui Group acquired the Sanyo Group had already spread all over the island nation's Internet.

(End of this chapter)