Winning the new financial era

Chapter 540 Assumption

The smile on Baoman's face almost overflowed. It is rumored that the Chinese are good at infighting, and they really deserve their reputation!
It seems that I made the right move to temporarily introduce Fuxing, otherwise, how could I sell hundreds of millions of dollars more?
Neither Zhang Sanshi nor Shen Beipeng had a good face. Although they successfully bought Bayer Animal Insurance, they spent 3.5 million US dollars and were wronged.

If it weren't for the revival to get in the way, Lilly should have given up on the $76 billion line.

Guo Kuangchang, on the other hand, was a little embarrassed, and indeed responded to what Shen Beipeng said just now.

But shopping malls are like battlefields. You can’t let me give in just because you are Chinese, right?
This time, Zhang Yida and the others were completely offended. He was too embarrassed to say hello, so he led them away.

"Congratulations, Mr. Zhang, Bayer's animal protection business belongs to you."

Baoman enthusiastically shook Zhang Yida's hand, shaking half of Zhang Yida's body almost numb.

"Okay, Mr. Bowman."

Zhang Yida quickly stopped and asked, "When shall we start the delivery?"

"Anytime, after signing the agreement, let's start due diligence!"

Baoman is in a good mood now, and he can't wait to sign the agreement now.

Back at the hotel, Zhang Sanshi shook his head and said, "I'm convinced too. Did Guo Kuangchang drink too much or lose his temper? With his little financial resources, can he compete with us?"

Shen Beipeng's face was dark, and he said coldly, "Some people are just bad, I've already said hello in advance, and they still insist on making things difficult for us."

Zhang Yida waved his hand, "Thinking about it from another angle, maybe he still sees us that way? He thinks we are against him."

"In general, the set goal has been achieved, so let's focus on making money next!

Turn Bayer Animal Insurance into a golden rooster that lays eggs, otherwise the debt of 40 billion US dollars will be very hot! "

The debt Zhang Sanshi refers to is the financial leverage provided by several financial institutions such as Goldman Sachs and Morgan Stanley.

Among the three of them, Zhang Yida's Yanhuang Investment invested 20 billion US dollars, while Gao Ling and Heishan Capital contributed 10 billion US dollars each.

At this time, most of the anger in Shen Beipeng's heart also dissipated. He asked: "Bayer Animal Health's part of the business is involved in the merger, or should it be valued at US$80 billion?"

Zhang Sanshi knew what the other party was up to, and he wanted to attract the small shareholders of Pet Holdings, Rui Peng and other companies to offset the damage.

According to the valuation of 80 billion US dollars, it will be merged into the new company system, and everyone will pay the bill together.

"Sure, this is the actual amount paid, the real deal."

"That's right, the real $80 billion."

Zhang Sanshi and Shen Beipeng sang together, setting the tone of the matter.

The two looked at Zhang Yida, wanting to ask his opinion.

Zhang Yida is happy, you have made everything clear, do you still need to ask me?

"I think $80 billion is too little. Should we not buy one or two profitable animal health companies and fill it in?"

Shen Beipeng laughed, this heart is much darker than his own.

Zhang Sanshi shook his head, "Such a large-scale merger and acquisition cannot be hidden. Unless we keep it in our hands and operate it for a year or two before merging."

Zhang Yida laughed, "I'm just joking, don't take it seriously.

The growth of these businesses of Bayer will not be accelerated in a short period of time. Let’s use it to acquire some pet hospitals as soon as possible. The valuation will rise rapidly. "

Zhang Sanshi agrees with this point of view. The domestic pet market is growing rapidly, which is really a golden mountain.

Just dig this golden mountain well, and play less flashy tricks.

This is really value investing, not speculation.

On the next day, Zhang Yida signed the equity transfer agreement on behalf of the Chinese consortium and Bayer President Baumann, and paid a deposit of US$5 million.

Next, the due diligence personnel hired by the Chinese side will enter Bayer to conduct a series of due diligence.

After confirming that there is no problem, start the business delivery and pay the remaining payment in batches at the same time.

……

"Did you really buy it?"

After returning to China, Zhang Qinghua couldn't wait to call and asked his son about the details of the acquisition of Bayer Animal Health.

He has visited abroad and observed the other party's laboratory and scientific research system at close range. He is really convinced that the domestic industry is still far behind these big companies.

"I bought it, 80 billion US dollars, and it may be the end of the year when all the deliveries are completed."

Hearing this number, Zhang Qinghua felt that it was huge, but he also knew that it was no longer out of reach for his family.

"Then you have to manage it well. This is a real industry. If the products launched by your Internet company are not popular one day, these real industries will still be there.

Internet companies may be worthless when they go bankrupt, and real industries can still sell factories and land..."

Zhang Yida smiled, Dad's theory makes sense, but it's not all right.

Although asset-heavy operations have land and factory buildings, they generally have high debts. If they go bankrupt, there will be a lot of debts, and all suppliers and banks will come.

Although Internet companies have no physical assets, they are also debt-free.

"Okay, I got it. Just to tell you, Pet Holdings may merge with Bayer Animal Insurance and the pet hospital under Gaoling Capital.

Work together to create a giant in the pet world with a valuation of over [-] billion yuan.Our family's shares may be diluted a little, but not too much. "

After speaking, Zhang Yida waited for his father's rebuttal or objection.

But to his surprise, his father was very supportive.

"Is this a good thing? Can the valuation reach [-] billion yuan?

This is Chia Tai and Xinwang Group in the pet industry, the industry leaders. "

Zhang Yida scratched his head, trying to persuade his father with a whole set of arguments, but none of them worked.

"Dad, how did you figure it out? I thought you would object." Zhang Yida was very curious. Was Dad stimulated by something?
Zhang Qinghua laughed and said, "I'm not an old-fashioned person, as long as the control is in my hands, there is no need to pursue absolute control.

It is unworkable for Pate to continue to maintain the family business after reaching this size. "

Zhang Yida smiled and said yes, of course it's best if Dad doesn't mind these things.

Pate's holding of this company is more important than Rui Xiangdu in some respects.

Because this company embodies the hard work of his father and his two generations, Zhang Yida hopes that the company will go as far as possible.

The number of shares held is not the most important, as long as the company can be controlled.

Except for those entrepreneurs who started their businesses with state capital in the 90s and [-]s, after entering the new century, there are very few large companies whose founders hold [-] to [-] or [-] or [-] percent of the shares.

The times have changed, and there are few enterprises in the new century that do not rely on capital.

"I heard that your father-in-law has been promoted?"

Zhang Yida laughed, "You even know this?"

"Didn't the news in Hebei Province say it today? The Xiongan New Area."

(End of this chapter)