legendary trader

Chapter 880 Chapter 881 Mystery
"It is said that the Southern Investment Group bought Enron's power plant assets in York State at a high premium this time, and domestic and foreign banks were unwilling to provide loans for the premium part, which forced the Southern Group to sell domestic assets aggressively to realize cash. Picked up a bargain."

Zheng Xiaopang said leisurely.

"The assets of the Southern Group, as far as we are talking about at present, I feel that the quality of the assets is indeed quite high, and they have all been sold. It can only be said that the Southern Group should still have a lot of high-quality assets in China."

Chen Fan couldn't help but sigh when he thought of the projects that were packaged and sold to them this time, as well as the port projects that might be sold.

"If the quality is not high, will the bank lend them so much?"

Zheng Xiaopang said cheerfully: "But in the end it was cheaper for us, although our price is not low, but it is still worth it.

Although Southern Investment Group seems to have made some money on the books after selling these assets, but in fact, considering the energy and relationships spent on these projects over the years, I don’t think they made money. It’s when we make money. real. "

"Haha, let Xie Kai keep in touch with them later to see if they will continue to sell assets.

I actually don't understand why the people from the Mu family are so eager to enter the overseas market. Could it be that they smell something that we haven't noticed? "

Chen Fan said unconsciously at this moment.

The car was speeding on the road, and the car fell into a brief silence after Chen Fan's words. Both of them were thinking about the meaning behind the operation of the Southern Investment Group.

Huaguo was already dead of night at this time, few cars were still running on the street, and most of the lights in the buildings on both sides of the street were extinguished, only a few windows were still emitting light, scattered like stars.

"Those two projects have been negotiated and can be signed this afternoon. Now the lawyers of both parties are checking the terms of the contract."

A tall middle-aged white man put down the phone in his hand, sat down on a chair, and said to several friends sitting on the opposite sofa.

"The project on Angela's side has also been basically completed, with only a few details. It is estimated that the contract can be signed in the next two days."

A person on the sofa answered the conversation at this time.

"The other party didn't notice the project on Angela's side."

asked the man sitting next to him.

"No, it's basically settled, hehe."

The man smiled easily at the moment.

"The news I want to hear most now is that those few packaged projects can be released as soon as possible, and it is best to dispose of them all."

"Of course, I think so too, and I also want to receive the commission as soon as possible."

"I think it's time to start taking action on the two projects we left behind. Although not many people know about them, after a large number of high-quality assets are sold, those two projects are still easy to be noticed. I think it is mixed with the recent signings. In Chaoli, take one first, lest you have long nights and dreams."

"Now the money is not enough. If you don't complete the contract, you can't get the commission. If you don't have enough funds, how can you complete the transaction operation? You must go through the necessary procedures for making money, and you can't leave any flaws."

"Didn't the Southern Group in Huaguo give a very high commission? Let them pay the money immediately, and let Candace let go in some places. After all, those projects just look good, the report is better, and the development prospects are good, haha."

"Then arrange it like this. Jose signed the contract in the afternoon, and then arranged for Angela to sign a copy, and then we will sell the natural gas asset first, and wait for the other one, and wait for the next wave of signings." Let’s do it along the way.”

"agree."

"I have no opinion."

"Okay, that's it, get the natural gas asset first. We think we should have a drink and celebrate."

With the passage of time, domestic netizens have long forgotten that there is also a company called Enron in the United States, which is currently undergoing bankruptcy liquidation procedures.

As for more than two months ago, the sensation caused by the news report that the so-called "rich man surnamed Chen" spent 50 billion yuan to acquire Enron's high-quality assets has long since dissipated. "It has already been withdrawn.

But just today, a big news broke out almost simultaneously with the media in the United States, "Southern Investment Group has acquired the Peanut State Power Plant with a huge sum of money to become the second largest power supplier in the region".

After the news reports came out, a lot of attention was focused again, and the story of the "rich surnamed Chen" two months ago was once again remembered by people.

Chen Fan got up early in the morning and received a call from Shencheng Li Yihong. As a high-level person in Chaofan Group, he knew that the mysterious buyer was actually the big boss of his company. When he first forwarded the news from abroad, Li Yihong called for instructions. Over deal with the attitude.

Chen Fan, who was staying in the hotel with his family at that time, only wanted to be treated as coldly as possible, as low-key as possible. He didn't want to be exposed by human flesh.

Because all the documents Chen Fan signed in the United States did not use the spelling of his Chinese name, but used Liu Ying to give him the English name Peter (Peter). Why is the name so weird? It doesn't feel like a Chinese name.

In fact, not only the United States, but also the documents signed in the ICOS company used this signature. What Liu Ying made for Chen Fan was that all foreign-related documents should use the name of Peter.

It is also for this reason that the mysterious rich man has been paid attention to, because no one knows whether this Peter Chen really exists. If the newspapers in the United States did not swear that the buyer is a Chinese, the domestic media would have suspected that he is actually just a Chinese. .

Chen Fan felt a little speechless when he was shot while lying down this time. He didn't like being in the limelight.

"If possible, suppress the old news without revealing it, and stir up more news about Southern Investment Group, such as their two follow-up projects."

Chen Fan said this to Li Yihong on the phone, and at the same time asked him to contact Zhang Quan to find information about Southern Investment Group's acquisition project in the United States from him.

Let the eyes of the whole people focus on the Southern Investment Group, so that soon no one will pay attention to themselves.

And Chen Fan believes that at this point in time, Southern Investment Group should be eager to be noticed by more people.

The current situation of the company is actually still very difficult, and there is no obvious sign of improvement.

Negotiations with banks on loans have not progressed much. The current banks, including several banks that had a good relationship with them before, are surprisingly unanimous in their attitudes, supporting them to go overseas to acquire high-quality assets, but not all of them pay the bill, but there is a limit to provide support, unwilling to continue to fully support their acquisitions.

Although the mysterious rich man spent 50 billion yuan to buy the assets of Enron last time, and this time, as a well-known domestic company, the contract value signed by Southern Investment Group this time is 37 billion yuan, but the media did not reduce their attention because of this. .

The reason is actually very simple. They already knew by forwarding overseas news reports that 50 billion yuan is just a slightly exaggerated figure. The real transaction amount should be more than 40 billion, and it is the assets of the two companies.

What needs to be particularly noted is that at the press conference after the signing was completed, Mu Jiansheng, the president of Southern Investment Group, also attended the event, and made it clear in an interview that today’s signing is only a strategy for Southern Investment Group to go international As a first step, they also have two major acquisition talks underway.

Although not long ago, as media people, they were still chasing the Southern Investment Group. It seemed that they were in some kind of trouble. It was rumored that the group company was encountering a collective loan draw by the domestic banking industry. In such an unfavorable environment, everyone Unexpectedly, the Southern Group would enter the U.S. electricity market quietly.

Although this is only the second electric shock, a person named Peter Chen has already acquired a power company in the United States, but that company can only be regarded as a mid-level company in Oregon, and it is completely unable to compete with the Southern Investment Group this time. Comparable to the big hand.

It will directly become the second largest power supplier in York State, the most economically developed state in the United States, and we can continue to look forward to their follow-up actions.

There was a vigorous cross-border acquisition in Huaguo more than ten or twenty years ago, but in the next few years, as the global economy suffered heavy losses due to the energy crisis caused by the soaring energy prices, most companies chose to stop losses. Sell ​​overseas assets that were originally acquired.

You know, it was during the energy crisis that people learned from the mouths of the experts that there is only enough crude oil in the world for 30 years, and there will be no oil to recover after 30 years.

That period was when the theory of bio-petroleum became popular. Almost everyone thought so, and believed that oil was formed by the deposition and high pressure of ancient biological remains. Although it seems like a child's play now, after so many years of exploitation, it seems that oil production Also can last a long time.

However, at that time, almost all companies began to tighten their projects and reserve cash because they predicted that energy problems might cause major problems in industrial production, fearing that economic development would stagnate or even reverse due to soaring energy prices.

In fact, the bio-oil theory is still affecting many people. Although most people in the industry have denied this theory, no one has come forward to directly overthrow it under the premise of the emergence of a new theory without conclusive evidence.

In short, Huaguo’s first overseas investment boom with huge sums of money ended in the soaring energy prices, but today, it seems that some companies have begun to take the first step.

As for those tens of millions, billions of dollars worth of investment, they did not arouse the slightest interest of the media people. In the face of large-scale transactions of billions or tens of billions, those investments are not even splashes.

On the first day, the media reports focused on the importance of the American assets acquired by Chinese capital to the economic development of the United States. This is such a profitable business. By the way, when the news about the acquisition of the mysterious rich man with huge sums of money was going to be heated up again. ,
The next day, Chaofan News began to report the behind-the-scenes news of the Southern Investment Group’s acquisition and the asset targets of the other two transactions that are still in intense negotiations. Although they expressed optimism about the transaction negotiations, the reporter also made it clear that There was no further news on the talks to report.

So far, except for the project that is about to be signed, all the negotiations on the sale of Enron's assets are carried out in high secrecy. The outside world only knows that they have screened according to the projects declared by the buyers, and then started negotiations.

Both the District Court of Houston and the bond regulator supported their approach, believing that this is an efficient activity that can protect the interests of shareholders and creditors to the greatest extent.

Chen Fan didn't go to the company today. He was sitting alone in the study at home, checking the news on the Internet, and there were more than a dozen domestic newspapers with large circulation beside him.

Li Yihong's actions seem to be working well. Today's domestic mainstream websites and newspapers are full of news about Southern Investment Group, and this is only the third day after Southern Group successfully acquired the Huasheng Dunzhou project.

The direction of the news was completely led by Li Yihong, and everyone was staring at the leading actor of the news—every move of the Southern Investment Group. At this time, in the headquarters of the Southern Investment Group in Guangdong City, Mr. Mu, who had just returned to China, was talking with several bank representatives. Negotiations are ongoing on the follow-up to this acquisition.

It is still a debate about the credit line. The bank is determined not to provide loans according to the actual transaction price, but insists on providing corresponding loan funds based on the average value of the fair value given by the three evaluation agencies. This is undoubtedly the case of Southern Investment Group. Unwilling to accept, which means that it is difficult to obtain loan support for the premium part, which is undoubtedly drawing blood from the company.

In order to succeed in the acquisition this time, Southern Investment Group acquired 17% of the project on the basis of reasonable value. It is not easy to snatch this asset from New Era Energy and Dominion Energy.

So far, because of Chen Fan's intervention, many companies in the United States have disrupted their plans to privately negotiate to carve up Enron's assets, and each company has been forced to raise some transaction prices.

Well, it was originally a cake divided by a group of energy companies, and somehow it attracted so much overseas capital to intervene, and even some wealthy individuals broke in and directly purchased these assets in their own names.

They have been paying attention to these assets of Enron for several months, and some of them have even been in contact with Enron before it went bankrupt.

Originally, I wanted to procrastinate for a while, maybe I could negotiate a lower price, but after seeing the black knight intruding strongly, under the premise that they were unwilling to let go of the projects they were already optimistic about, all major companies could only increase the price Speed ​​up deal negotiations and avoid being intercepted.

In the past few days, many large-scale transactions have been signed.

But now, not only the domestic media, but also Chen Fan thinks that the Southern Investment Group seems to have done a good business again.

Naturally, the bank representatives are in control of these situations. If they cannot reduce the loan from the Southern Investment Group, they can only use this method to reduce the loan in disguise.

They have no doubts about Southern Investment Group's acquisition vision, but the total loan amount is too huge, and they don't want to continue to be controlled by others.

They did not make any concessions on the project of the Peanutton State assets this time, and of course they would not make any concessions in the credit negotiations for the subsequent two assets that are currently sitting in the office of President Mu.

(End of this chapter)