You are worth tens of billions before you come to the system?
Chapter 256 The first contradiction triggers
Not long after, Musk left Tahoe Hospital, and during this period he did not bring up the idea of meeting Ye Wudao.
Lin Zitai was too vigilant. Even if he brought it up, it would not succeed and would only destroy the remaining friendship between the two.
However, this incident also reminded him that technology alone is not enough, because products are people-oriented.
People are hardware and technology is software. If the hardware is not up to standard, the software will not run no matter how good it is.
This is also the main reason why many scientific research results are only theoretically feasible. Most of them are because the human body's hardware is not up to standard.
Whether it is the Starlink project or the long-awaited colonization of the universe, astronauts with excellent physical fitness are needed.
Musk also decided to invest in life technology...
News of the collaboration was not immediately announced.
There are different opinions in the public. After all, many people saw Musk entering the Prince's Building and going to Tahoe Hospital, wondering whether there is a cooperation plan next.
The two are the best young entrepreneurs from the East and the West, and countless people are looking forward to the sparks that will come from their cooperation.
It's just that neither of the two parties came forward to respond.
Lin Zitai wants to wait until the merger is completed before announcing it. He doesn't have time now because Merck's fundraising battle has begun...
……
Friday evening, October 10, Beijing time.
Merck Group announced that it has decided to issue 6.375 million additional shares in the secondary market. The issue price per share is US$105.3, raising US$671.28 billion.
Starting from 10 a.m. on October 6 in the United States, the global fund subscription channel will be opened for 48 hours.
Jointly issued by banks such as Morgan, Chase, and Citigroup, investors from the market are welcome to join...
Lin Zitai and the others hold a huge amount of funds and have exclusive subscription channels for large transactions, so they are not in a hurry and plan to see the market's feedback first.
Sit in the office, turn on the speaker for receiving messages, walk to the tea room, brew yourself a cup of hand-ground coffee, stir the coffee slowly, and wait quietly for nine o'clock to arrive.
In the evening, just after nine o'clock, a high-pitched voice came from the phone: "Mr. Lin, the subscription funds exceeded US$100 million."
Lin Zitai frowned and did not respond, because it was a one-way call and he was specifically responsible for informing him of the subscription amount.
One hundred million US dollars in ten minutes, one billion US dollars in twenty minutes, five billion US dollars in half an hour, and exceeded 10 billion US dollars in one hour.
As soon as the news was announced, the world was in uproar, and financial forums in various countries suddenly fell into deathly silence.
Novartis's acquisition of Merck, led by Lin Zitai, is definitely the largest and most talked-about commercial merger in this century.
People have thought that Merck’s subscription funds this time should reach a very terrifying figure.
Because not only Novartis needs chips, Merck also needs chips, otherwise the anti-merger plan will not be implemented.
There are also countless international speculators and professional financial institutions who want to take advantage of the snipe and clam competition and become fishermen who pick up leaks.
But they never expected that it would break through tens of billions of dollars in just one hour, and there would be 47 hours left...
Lin Zitai came to the trading room: "Start subscribing now, with a single transaction of one million US dollars, take action!"
Although the order of winning the subscription has nothing to do with it, it is just a matter of probability, but he does not want others to know how much money they have invested in the subscription.
Therefore, nearly a hundred trading accounts were used, the exclusive channel for large transactions was abandoned, and the subscription method of retail investors' hot money was simulated, which had the effect of confusing the real money with the real money.
In this fundraising battle, the amount of funds is the biggest trump card, because the source of fear is the unknown.
If you know the amount of money the other party has, you will stick to it unless it is large enough to be daunting.
Although they have the backing of Bank of China, Lin Zitai and the others currently only have more than 80 billion, which is not enough to be daunting.
About half an hour later, the subscription funds exceeded 30 billion, and the growth rate was astonishingly strong.
This also just shows that the strategy adopted by Lin Zitai is a public strategy. Everyone else has the same idea and does not want others to know the amount of their funds.
At the same time, Wei Yixiang Qiaoen, who is close to Lin Zitai, and even Wang Sichao, Zhang Jianghe and others are also rushing to raise funds. They had an idea. Besides making some extra money, they could also deepen their relationship with Lin Zitai. Why not do it.
At 12 o'clock in the morning, after three hours, the subscription funds had reached more than 70 billion US dollars, exceeding the total subscription amount.
The probability of winning the lottery has also changed from 100% to 96%. As the subscription funds increase, the probability will gradually decrease.
"Now it officially begins."
Lin Zitai looked as usual, as if he could predict the future.
In the first ten minutes after the words fell, the subscription funds suddenly surged by more than 20 billion, exceeding 100 billion US dollars.
Lu Feng looked at Lin Zitai in shock, and Lin Zitai smiled indifferently without explaining the specific reason.
Because people on the sidelines have entered the market, Merck issued an additional 6.375 million shares this time, accounting for 25% of the total share capital.
If it does not exceed the financing amount, it means that the battle for raising funds will be loud but little rainy, and the subsequent increase will be very limited.
Once the financing amount exceeds 671.28 billion, it means that the first contradiction in the fundraising battle has been successfully triggered.
Novartis and Merck have begun to compete. The higher the subscription ratio, the fewer chips they will get, and the greater the increase in the market outlook will be.
After all, except for them, all the subscribers want to take advantage of the situation, so naturally they will not miss the opportunity of almost guaranteed profit.
Lin Zitai asked: "How much money have we invested?"
Lu Feng replied: "The current investment is US$20.2 billion."
Although there is only a single transaction of one million U.S. dollars and the amount is small, it cannot handle the large number of people and accounts.
They have a total of 5 traders, each of whom manages nearly accounts. Even if the subscription is off-peak every few minutes, it will cost hundreds of millions of dollars at a time.
Lin Zitai nodded slightly, explained a few more words, and then left the trading room. There were still more than forty hours, enough time to spend the remaining 279.8 billion.
There's no point in him staying here;
There are more important things to do.
Lin Zitai flew to the capital overnight and found a hotel to spend the night.
Early the next morning, we arrived at the Bank of China Building.
He needs financial support.
As of 1500 a.m., subscription funds reached US$2 billion, more than twice the subscription amount.
According to this trend, when the subscription ends tomorrow night, it is conservatively estimated that it will not be lower than 5 times.
The probability of winning the lottery is only one in five.
And they plan to invest only $300 billion.
The newly issued 25% of outstanding shares will probably only get 2.5%.
Including the 23.175% they already hold, the total is only 25.675%.
Now they only have more than 50 billion in capital reserves on their books, which feels far from enough. They need more funds.
President Sun seemed to know Lin Zitai's intentions and called the director of asset management: "Mr. Lin, this is Director Hu Yifei. He manages a fund with a capital scale of 50 billion US dollars. He will fully assist Novartis in acquiring Merck."
The current total subscription amount of Merck may be a secret to ordinary people, but it is not a secret at all to them.
Just a casual inquiry will tell you that the current subscription funds are more than double. Whether Novartis or Merck, if they want to get more chips, they can only raise their bets.
But you can’t raise too much, because you need to reserve more funds and wait for the resumption of trading the day after tomorrow.
They were fairly clear about the funds held by Lin Zitai, and they knew after a little calculation that they were not enough to complete this merger.
So in the morning, he helped him allocate 50 billion US dollars, which was managed by Hu Yifei and could only be used to acquire Merck. (End of chapter)
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