Age of Dreams

Vol 2 Chapter 2305: Sharp shares acquisition

Xiao Qi said to Gao Chuan Huishu that there were still arrangements in the afternoon, which was not an excuse.

When he came out from Sun Zhenyi's side, he turned around and went to a high-end coffee shop. Sitting across from him was a fat white man-Bao Lijie, the vice president of Citibank Japan.

Two years ago, when Xiao Qi came to Japan for the first time, Bao Lijie was just the deputy manager of the Assets Division of Citibank Japan Headquarters. In just two years, he directly climbed to the position of deputy head of the head office, which is very impressive. Got.

On the one hand, Bao Lijie's abilities are indeed outstanding, and on the other hand, it is naturally because he is a member of Jabil's line.

When the Asian department of Citibank represented by Jabil came to the top, Bao Lijie would certainly be able to go further and become the top five figures in the power of Citibank’s head office in Japan.

However, the young man's emotion towards Bao Lijie is far less than Bao Lijie's emotion towards him.

The first meeting was more than two years ago. At that time, Xiao Qi got angry at Goldman Sachs and Merrill Lynch and signed a gambling agreement with them angrily before coming to Japan to prepare to purchase parts.

At that time, Citibank only regarded Xiao Qi as a potential customer that could develop its business. In his heart, Bao Lijie was skeptical about the success of Xiao Qi's products.

But facts have proved that Xiao Qi is stronger than everyone imagined. In just two years, he soared to the sky and became the world's richest man. With 500 billion US dollars of assets, he is proud of the world’s biggest oil tyrants. We have to admit that we are only talking about personal wealth. None of their chiefs is Xiao Qi's opponent.

And Xiao Qi is not just rich.

The fairy company in his hands seems to have become the overlord of the world's intelligent electronics industry, crushing Nokia and Motorola in the communications industry before. It also puts software and computer industry giants such as Microsoft and Apple firmly under pressure.

Coupled with Xiao Qi's absolute holding, and Samsung and Apple's strong support of re, in the field of intelligent electronics, the fairy company has a great voice, and no one can ignore it.

Not to mention him, Bao Lijie, the current president of Citibank, Jabil, he must be respectful when he sees Xiao Qi.

Bao Lijie thought about it. Xiao Qi was already drinking milk tea, and smiled. "Mr. Bao Lijie, you have been very moisturizing in Japan in the past two years. I think you are a little bit reluctant, right?"

"Haha, yes. Compared to the United States, where there are exquisite food, good environment, and beautiful and gentle women, I really want to live in Japan forever!" Bao Lijie replied with a smile.

He is a very enjoyable person.

Citibank is very powerful in Japan, and an ordinary middle-level person can talk directly with the high-level executives of some clubs. It goes without saying that Bao Lijie comes from the US headquarters.

On weekdays, he is the object of the Japanese to please, and the Japanese methods of ingratiating are naturally universal, such as women, antiques, money, food... and so on.

But Bao Lijie is not a fool. He should enjoy the enjoyment, and refuse if he should refuse, and he will not neglect and release water at work just because he eats other people's.

The Japanese are often outraged by him. But Bao Lijie is an American father's, and the Japanese can only hold back if they are angry.

For this kind of principled person, Xiao Qi will be more at ease when he cooperates with him.

The reason why Xiao Qi came to Bao Lijie the second day he came to Japan, of course, was not because of the past. But for business.

A major event that is not inferior to the acquisition of Fast Retailing Co., Ltd. and the monopoly of NY's high-end cameras-the acquisition of shares in Sharp!

In Japan, Sharp is a very powerful company. Ranked 225th in the world, it has assets of more than 20 billion U.S. dollars and is one of the leading behemoths in the Kansai region.

Sharp's powerful technology, of course, is their LCD screen technology.

In fact, the LCD screen technology was invented by Sharp, and even when the LCD screens of Samsung and Baodao manufacturers are in full swing, they dare not say that they are the first, because Sharp's technology is still the first.

Isn't it weird?

Why does Sharp, which has good technology and is the inventor of technology, fail to make much money in this era when LCD TVs, LCD panels, and LCD mobile phone screens are sweeping the globe?

The reason is simple. Sharp went in the wrong direction from the beginning.

They look forward to using advanced technology to conquer high-end customers in Europe and America.

But I didn't expect that even the rich would not necessarily buy high-end LCD TVs, screens, etc. worth tens of thousands.

On the contrary, the Korean and Treasure Island brands with medium technology and low prices have directly swept the world and made a lot of money.

When Sharp reacted, the market was already occupied by these manufacturers, and they simply couldn't get in.

In this fiercely competitive market, once you lose your lead, you will lose your lead step by step.

This is the case with Sharp.

Xiao Qi remembers that after a few years, Sharp went all the way downhill, and then it seemed that he was almost in bankruptcy. It must be said that these Japanese people were too stiff in their minds, and that a good giant company was actually made like this by them. , Purely looking for death by himself, no one can help.

Of course, not only Xiao Qi but also Li Jianxi, the old fox, realized this.

When he brought Han Jiaer to Rongcheng last time, he discussed with Xiao Qi about the acquisition of shares in Sharp Corporation.

On the one hand, if you can hold Sharp, you will take the opportunity to hold it. If you can’t, you will use your shares to exchange technology with Sharp.

But the two still prefer that Samsung and Fairy can hold Sharp.

Although Japan’s xenophobia is very serious, and although Japanese courts can rule on the effectiveness of the acquisition, it would not be too difficult for Samsung and Fairy to join forces to acquire a Sharp company in Japan.

After all, Sharp is not ny, not Toyota, not Mitsubishi.

Many of Sharp’s technologies have been transferred to companies in the six consortia, including Toshiba, Panasonic, Hitachi, and NY, through technology exchange. They are not absolutely indispensable.

On the contrary, because of continuous operating errors, Sharp’s current situation is very bad. Maybe the Japanese still hope that someone can buy Sharp and make Sharp come back to life! -Anyway, as long as Sharp is in Japan and can provide employment and create wealth for Japan, it doesn't matter if foreigners buy it.

It’s not without this example in previous lives.

Guo Taiming acquired 10% of Sharp’s shares in 2012. At that time, due to huge losses and the Japanese nuclear leak, the market value of Sharp Corporation plummeted. Guo Taiming bought 10% of the shares for 8.5 billion U.S. dollars—basically only The value is 8.5 billion US dollars, which is almost a little more than one-third of the current value.

Originally, Guo Taiming thought that he had succeeded in bargaining, but after half a year, Sharp's stock price actually plummeted by 70% compared to before. With a market value of only about $2.6 billion, Guo Taiming was simply dumbfounded.

At that time, some treasure island merchants encouraged Guo Taiming to buy more shares, but Guo Taiming killed him and stopped doing this business.

It can also be seen from this that Sharp's acquisition is not as difficult as imagined, but it is not so easy.

Because just when Sharp’s market value fell to US$2.6 billion, Japan’s Mizuho Corporate Bank and Japan’s Mitsubishi UFJ Bank immediately gave Sharp a loan of US$2.6 billion to help them restructure.

What does it mean to loan 2.6 billion US dollars to a club with a market value of only 2.6 billion US dollars?

Of course, it means that the Japanese don't want to see Sharp fall, and they don't want to see others pick up the bargain! !

Therefore, after knowing this rule, Xiao Qi didn't intend to finally buy the bottom. By controlling Sharp in his hands earlier, he would be able to realize his strategy earlier.

In terms of specific operations, Xiao Qi approached Citigroup to help purchase shares, and Li Jianxi approached UBS to purchase shares.

It has been 7 months since the commissioning began. Xiao Qi naturally paid close attention to the general progress. Now that he has come to Japan, he naturally asked Bao Lijie more about some details.

"Sharp's performance has continued to decline in recent years, and it has also been affected by the financial crisis. Its stock price has plummeted from 25 billion U.S. dollars to about 20 billion." Bao Lijie said of his insights and achievements, "In the next year or two, they will It is still possible to fall, but the magnitude should not be large. Under our operation, we have now acquired 10% of Sharp’s shares, and only used 2.2 billion US dollars. I suggest that we should continue to acquire more Sharp shares to allow You can get a big say in Sharp."

"How about Samsung?" Xiao Qi asked non-committal.

"UBS acquired about 15%~www.readwn.com~ to spend a little more than us, but then I don't think they have any plans to make another move." Bao Lijie said.

"How many shares do you think we have suitable?" Xiao Qi asked with a smile.

"If it's us Americans, 30% is enough." Bao Lijie said sternly, "But if you are a Chinese, I think it should be an absolute controlling stake of more than 51%, which is guaranteed. ."

"51%?" Xiao Qi shook his head. "The Japanese won't release so many shares."

"That said, if that is the case, you and Li Jianxi will occupy 66% of the shares, and Sharp will no longer belong to Japan." Bao Lijie also sighed.

"Sharp has a good use in my plan. But if there is more, it doesn't have much effect." Xiao Qi muttered, "Continue to make all the purchases, and the first step is to reach 30%!"

"Yes!"

Bao Lijie didn't ask much. Now that Xiao Qi has made a decision, then Citi, as the entrusted party, will just do the same. To be continued

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like