Winning the new financial era

Chapter 546 Expansion of the payment territory

Zhang Yida found out that the two British guys were really easy to fool, so he figured out his own background very clearly.

Ruixiang really needs the springboard of Wanlihui to penetrate into Europe. In addition, Musical.ly really needs to start commercial monetization in the future. Apart from advertising, the best choice is e-commerce.

As for cross-border e-commerce, Zhang Yida has always had ideas, and he is waiting for the right time.

However, although the foreigner made Zhang Yida's heart itch, he still pretended to be casual, "I admit that Mr. Robinson, you have some truths, but Ruixiang only wants to explore the basic payment business at present.

Musical.ly has not yet carried out large-scale commercial realization. Except for in-app purchase of virtual props, we rarely even run advertisements.

As for the e-commerce you mentioned, it is too far away. There is Amazon outside and Alibaba inside. Our e-commerce business is still in the domestic market! "

"What about Buy Together under the Grab Group? This is also our partner of Wanlihui."

Quinn chuckled, "Mr. Zhang, you don't need to be modest, we all know your strength and industrial layout.

You will never regret buying Wanlihui for 7 million pounds. It is a win-win situation for both of us. "

Zhang Yida is mainly concerned about the price, and there is nothing to choose in other places.

I can’t go to the United States again, and Leech Financial’s liquidated damages of 3000 million U.S. dollars are still vivid in my mind. Who would dare to go.

The layout of Southeast Asia and South Asia has been completed, the population of Central Asia is too small, West Asia and the Middle East are too chaotic, and Africa has also been slightly deployed.

After picking and choosing, there are only two regions left in Latin America and Europe.

Compared with Latin America, Europe is undoubtedly much richer.

But credit cards are more popular here, and there is also PayPal, a local snake, so it is difficult for mobile payment to achieve much.

"7 million pounds is too much, how about 3.5 million pounds?"

Zhang Yida added, "I can pay cash, all-cash acquisition, instead of erratic stocks."

Robinson and his entrepreneurial partner Quinn glanced at each other, both of them were not satisfied with the price.

"No, Mr. Zhang, this quotation is too small, and it doesn't really reflect the actual value of Wanlihui."

Robinson shook his head violently, "If the price is less than 7 million pounds, we will definitely not sell the company."

Quinn also came to add, "Mr. Zhang, UBS introduced us to meet you.

In fact, you are not the only potential buyers. Both your Chinese Leech Financial Services Group and Penguin Group have expressed some interest in Wanlihui. "

Zhang Yida was smiling, but he was cursing in his heart.

The two Brits should be very shrewd, knowing about the competitive relationship between Ruixiang and Ahri and Penguin.

Penguin didn't know, but Ari knew it and decided to intervene, because there is a cross-border e-commerce business in hand, and after the acquisition of Wanlihui, it can achieve a certain degree of business synergy.

Coupled with the failure to enter the United States and the opportunity to enter Europe, Jack Ma will definitely not miss it.

"In this way, you don't have to ask for prices all over the sky, but give a more honest price."

Zhang Yida resolutely said, "If it is still 7 million pounds, then we will withdraw from this acquisition."

In fact, I don't really want to withdraw, but I have to take a tough stance.

Rui Xiangzhen withdrew, and the loss of a powerful potential buyer was not good news for the two of them.

They also lost the tools to put pressure on Ali, and it was not easy to sell the company at a good price.

The two veterans went out to the room to discuss for a while, and when they came back, they lost 5000 million pounds and reported a price of 6.5 million pounds to Zhang Yida.

Zhang Yida is still not very satisfied. His inner assessment of Wanlihui is 5.5 million pounds.

"Forget it, the two gentlemen still lack some sincerity, we can only give up this acquisition."

Quinn hesitated for a while, and said slowly: "6 million pounds, this is our last concession."

Zhang Yida continued to shake his head, "I can only give 4.5 million pounds at most, no matter how high the price is, it will infinitely magnify our acquisition risk.

By the way, what if the Yankees intervene?Why not allow this merger to pass? "

Hearing that Zhang Yida added 1 million pounds, the two Britons were very satisfied, which was not far from their psychological price.

As for Zhang Yida's concern about the American meddling, the two also had some headaches.

It is not once or twice that the Yankees do not sell the accounts of the British. The possibility of Lenovo's "MoneyGram" acquisition being aborted is not small.

"Mr. Zhang, your worries are unnecessary. We are a British company, and the Americans have no right to manage us!"

Robinson said swearingly, in fact, he was also bluffing.

Anyone with a little sense knows that the empire on which the sun never sets is already doomed.

But he still wants Zhang Yida to get in the car. If the acquisition fails, he will follow the example of MoneyGram and confiscate tens of millions of dollars in liquidated damages. Wouldn't it be a pleasure.

Zhang Yida didn't believe Robinson's words, the more confident the latter was, the more unreliable he felt.

"Then, we must sign a liability waiver agreement. If the acquisition review fails, no liquidated damages will be incurred."

Zhang Yida thinks it's better to be more stable. Wouldn't it be good to build Hope Primary School with tens of millions of dollars?He doesn't want to be so cheap to foreigners.

"This kind of acquisition involves due diligence and various audits, and various expenses will be incurred..."

Before Quinn finished speaking, Zhang Yida continued, "Ruixiang can pay all the expenses incurred in the middle, but liquidated damages are not included."

Robinson and his partner looked at each other and nodded.

"Mr. Zhang, let's go back to the purchase price."

Robinson laughed, "We made concessions on the liquidated damages, shouldn't you also make a concession on the purchase price?"

"Okay, 5 million pounds, agree to this price, and we will make a deal."

Hearing Zhang Yida's offer, Quinn and Robinson were basically satisfied with the price, but they still wanted to fight for it.

"Mr. Zhang, if you add more, I am sure to increase the pass rate of this merger!"

Quinn looked at Zhang Yida with a smile, as if he was holding a wisdom pearl.

"Then tell me and listen!"

Quinn said lightly, "Close Wanlihui's American business!"

That shit in Zhang Yida's mind, aren't you afraid of the Americans?

The British are really dying now, and they don't dare to be tough in the face of the Yankees.

"Closing down the US business, so I didn't lose money on the acquisition?"

Quinn shrugged and spread his hands, "There is no other way, Mr. Zhang, you don't want to see him become the next Leech Golden Clothes, do you?"

It is acceptable to sacrifice part of the US business, but it feels like a disadvantage.

Zhang Yida said: "Then the purchase price is cheaper? Or we can split up and sell the American business."

"It's also possible, but Mr. Zhang, you have to add a little more to the 5 million pounds at least. I have provided you with such a good idea."

Quinn didn't have any embarrassment, and started asking for "payment" openly.

"In this way, you can sell the part of the business in the United States, or you can spin it off and start a company yourself.

I offer 5 million pounds, as long as the business is in other regions except the United States. "

Quinn glanced at his partner, pondered for a moment, "That's fine, then let's make it so!"

Both parties are very happy with this result.

Quinn and his partners felt that they sold the company at a good price, which was slightly higher than the psychological price.

Zhang Yida wanted to cut through the mess quickly, so as not to give Ari the chance to get involved in Wanlihui.

After staying in London for a few more days, Zhang Yida initially signed the contract and handed over the follow-up work to the team sent by Ruixiang.

They will undertake the tasks of assisting in due diligence and communicating with relevant regulatory authorities in the UK and even the US.

(End of this chapter)