My rebirth is different

Chapter 623 New Quotation

"Are you really going to sell Jiale? Hey... I really can't bear it."

Zhou Mengyi sighed in a sense of loss, and as she spoke, she picked up the sober glass and poured a small glass of red wine for Yu Wenfei.

Just finished the meeting with the China Resources delegation in the afternoon, and the two came to the restaurant for dinner again in the evening.

Picking up the goblet and slowly shaking it clockwise, looking at the scarlet liquid hanging on the crystal clear glass wall, Yu Wenfei nodded slightly.

He knew Zhou Mengyi's feelings for Jiale.

However, relatively speaking, the stage of Jiale is too small and its limitations are too large. He does not want to be trapped in this industry and compete with giants at home and abroad.

There are not many benefits, but a lot of trouble.

Seeing Yu Wenfei nodding, Zhou Mengyi sighed again, cheered up and said, "Okay, after selling Jiale, I will lose my job. Hee hee, I just took this opportunity to rest for a while, and I saved a lot My private money is enough for me to squander."

Yu Wenfei smiled, and said to Zhou Mengyi: "Don't think about resting for too long, after Jia Le is out of hand, there are more important things for you to do."

Yu Wenfei hadn't told Zhou Mengyi what to do after selling Jiale, but now that Yu Wenfei mentioned it, Zhou Mengyi was of course very curious.

She asked: "This time, Jiale should be able to sell a lot of money. Are you going to use the money to start a new company, or invest it in Internet companies?"

"Neither start a new company nor invest in the Internet." Yu Wenfei said mysteriously.

Now Zhou Mengyi was even more curious, her eyes widened, and she said coquettishly: "Don't be tricky, tell me quickly! Otherwise, I won't do things for you."

It was rare to see such a side of Zhou Mengyi. Yu Wenfei stretched out his hand to gently stroke her hair, and said with a smile, "We want to acquire a company, a very big one!"

Zhou Mengyi didn't know how big the company was, but since Yu Wenfei had already arranged the next path for her, she felt at ease.

…………

On the other hand, after meeting with Knorr for the first round of negotiations, Scott and others returned to the hotel where they were staying, held a meeting immediately, and launched a new evaluation around the number of Knorr's members and financial data.

"If these data are all true, then our previous valuation of Jiale will be overturned. Of course, I don't think they will come up with false data, and the consequences will be very serious." The company's legal counsel took the lead in speaking, Of course he considers the issue from a legal point of view.

No one would use fake financial data to fool people during acquisition negotiations, especially for such a large-scale acquisition of tens of billions of dollars, the buyers are not fools, they are definitely giant companies with huge professional teams.If you dare to deceive them with false data, then wait for a lawsuit.

Scott nodded. Of course, he would not doubt the data provided by Jiale, and there is no need to verify it for the time being, because if it can be acquired, there will be a detailed due diligence before payment, and there will be no way to hide any data from Jiale. , Even if it is a little bit of false report, it can be found out.

"Based on the data provided by Jiale just now, you should make a valuation as soon as possible. Don't estimate according to low standards. You must calculate all tangible and intangible assets. After seeing these data, I am even more determined to make a valuation of the family. Happy to acquire the idea! Moreover, there are two strong competitors now, you don’t need to consider the company’s acquisition budget, I will apply to the headquarters.” Scott arranged decisively.

The better Knorr's data is, the better it operates in East China. In fact, Scott likes it more.

Because the shareholders of Jiale did not intend to hold on to it, from what the young major shareholder said when they met, Jiale would definitely sell it this time as long as the price was right.

Since it wants to sell, Wal-Mart is not afraid of any opponents!
Isn't it just fighting for financial resources? In this regard, Wal-Mart will not be afraid of any opponent.

The world's No. [-] retail group is not in vain, and for the business expansion in the mainland, the headquarters has also given strong support.

According to the intelligence obtained by Scott, Carrefour can’t compete with him because Carrefour’s style of doing things is different from that of Wal-Mart, and Carrefour prefers to “opportunistically”!Under normal circumstances, they will not use real money to open up the market. From the development trajectory of Carrefour in the past few years, it can be seen that the more common means for them to expand the market is to join forces with local state-owned retail enterprises with strong strength. The power of local snakes has entered the market.

And Walmart is different!
Wal-Mart does not do joint operations, and does not want to be involved with state-owned private enterprises in the mainland. They only do self-operation!

Another point is that Wal-Mart has money and is more willing to spend money!

………………

The second acquisition negotiation was on August [-]th. This time, Yu Wenfei did not meet with the three companies separately, but asked them to come to the Knorr headquarters on the same day.

It was still the big meeting room from last time, but this time there were many more people.

Representatives of Wal-Mart, Carrefour, and China Resources Group all sat there quietly, looking at each other.

"Everyone, in order to save each other's time, let's have an open and honest talk. After these two days of re-evaluation, everyone must have a new understanding of Jiale Supermarket." Yu Wenfei stood up and looked at everyone in the meeting room , said loudly.

Everyone had smiles on their faces. Obviously, after getting the financial data from Jiale Company and evaluating the company again, everyone found that they underestimated Jiale!
"Before everyone quotes again, I want to explain one thing first. That is, Kellogg currently has 42 stores in East China, of which 38 have an area of ​​more than 28 square meters, and only four have an area of ​​less than 28 square meters. More than [-] square meters. Among them, there are [-] properties owned by the company, and the remaining [-] properties are leased properties. What I want to talk about is these [-] self-owned properties.”

Having said that, Yu Wenfei paused to give everyone time to think.

"Self-owned properties and the supermarket system can be separated. If you feel that the overall acquisition of Knorr is too high and unaffordable, then you can also choose to only acquire the supermarket business instead of the 28 Knorr properties. Properties. Of course, even if you don’t buy these properties, our company will promise to renew the lease to your company for at least ten years. As for the rent, we can give you a discount. Compared with the local market price, let’s give you a [-]% discount.” Yu Wenfei continued.

Yu Wenfei does not have to sell these 28 properties. In fact, as long as he sells the supermarket business, the money he gets is enough for him.

If these properties can be preserved, they are definitely high-quality assets, and it is enough to collect a large amount of rent every year.Moreover, you can wait for the future appreciation, so why not do it.

After hearing Yu Wenfei's words, Scott smiled slightly and said, "It's not necessary. Since Wal-Mart wants to acquire, it's an overall acquisition. Originally, our company is used to owning properties."

The representative of China Resources also nodded and echoed: "Yes, China Resources is also giving priority to the overall acquisition, and if your company does not sell these properties, we will have to reconsider the acquisition issue."

Yu Wenfei looked normal, but he was smiling wryly in his heart. These big groups are indeed smarter than each other.

As for the appreciation of commercial real estate, there is no doubt that he is not the only one who can see it. Groups such as Wal-Mart and China Resources may already know it well.

For example, China Resources may come here for these lands, but supermarkets are second.

However, this plan is quite attractive for Carrefour.

Carrefour's expansion is different from Wal-Mart. They prefer to lease properties, and even "borrow chickens to lay eggs". In the final analysis, they are still stingy and don't want to spend too much money.

…………

The second round of negotiations, adhering to Yu Wenfei's "brutal and direct" approach all the time, bidding on the spot!
Just like Facebook’s financing at the beginning, I am the one who takes the initiative, and of course I make the rules myself.

He didn't want to talk to the three families one by one, it would be too tiring and a waste of time, and it would be of no benefit to him.

Since the three companies all want to be happy buyers, well, let's sit together and bid directly, the one with the highest price wins.

Of course, if the price gap is not too big, Yu Wenfei will still think about who he sells Jiale to, which will bring him more benefits in the future.

"110 billion! Buy it all." Wal-Mart's representative Scott was the first to make an offer.

Yu Wenfei nodded, noncommittal, and then looked at the Carrefour delegation.

"60 billion, only to acquire the supermarket business." The representative of Carrefour said cautiously.

Yu Wenfei looked at the representative of China Resources Group again.

"110 billion! Complete acquisition." The representative of China Resources said with a relaxed expression.

After hearing everyone's quotations, Yu Wenfei was fine, but Hu Jinchang, who was sitting next to him, couldn't hold back anymore, and his face showed joy.

He holds 13.00% of the shares in Jiale Company!

If it is really sold at a price of 110 billion, wouldn't he be able to get nearly 15 billion?

How much did you pay when you invested in Jiale after the year?
Only [-] million!

In only half a year, 15 billion was recovered from an investment of [-] million, and the return on investment was as high as [-]%!

This is a bit too exaggerated.

Yu Wenfei smiled, and said, "Is this your final offer? If you don't change it, our company's shareholders will discuss and decide the final negotiation partner later."

Scott, the representative of Wal-Mart, and the representative of China Resources looked at each other. Obviously, the two of them regarded each other as rivals. As for Carrefour, the 60 billion offer was basically out of the game.

"110 billion!" The representative of China Resources reported a new price word by word.

Scott smiled contemptuously, without showing any weakness, and said loudly, "120 billion!"

(End of this chapter)