Rebirth of the Capital Legend

He had never expected that Stuart and other important shareholders of FXCM International had clearly expressed their dissatisfaction with the minimum purchase price proposed by Su Yi at the initial negotiation meeting, but now they suddenly agreed to accept the minimum purchase price proposed by Huayi Capital.

"Yes, you heard it right. We accept the guaranteed purchase price proposed by President Su," Stuart repeated.

"Didn't everyone say before..." Isaac was obviously puzzled, and said, "Why doesn't the chairman wait for Huayi Capital to complete the assessment of our group's assets and give a final assessment price? According to the asset status of our group, if we wait for Huayi Capital to complete the assessment, we should be able to obtain a better acquisition intention price and obtain higher share sale conditions."

"You just said that it will take some time for Huayi Capital to complete its evaluation and give a fair price," Stuart said, "and it is still uncertain how long this period will last."

"I estimate that the results will be out in no more than half a month," said Isaac.

Stuart responded: "But we don't have so much time to waste. The capital chain of our group is already in a state of complete collapse. In another month, the loan period of many banks will expire. Given the current situation of our group, it is difficult to solve this problem.

Once all the payments are overdue, the credibility of our group will completely collapse.

This is a result we cannot afford.

In other words, we must sign a contract with the potential acquirer within one month to introduce new capital and solve our group's current thorny problem of broken capital chain.

At this time, except for the 'Hua Yi Capital' institution.

You have some understanding of the situation of other potential acquisition institutions. It is too late for us to introduce new investment institutions.

This forced us to accept the conditions proposed by Mr. Su of Huayi Capital.

besides……"

Stuart paused and said, "Don't you think it's a bit too coincidental that several leaders of Huayi Capital's asset evaluation team suddenly fell ill?"

"Chairman, what you mean is..." Isaac reacted instantly after hearing what Stuart said, "Are you saying that Huayi Capital is deliberately stalling for time, waiting for us to take the initiative to request the next round of negotiations and force us to accept their guaranteed acquisition conditions?"

Stuart said: "I'm not completely sure that this was intentional. I just have some suspicions. But even if it was intentional, there's nothing we can do. This is an open conspiracy. Although Mr. Su from Huayi Capital looks young, he's really not a simple person."

"I think... it wasn't intentional." Isaac said.

Based on his understanding of Su Yi these days, he felt that the other party should not use these means to delay time.

"Well, whether it was intentional or not is not important anymore." Stuart said, "After discussion among other shareholders, we all unanimously decided to accept the guaranteed acquisition conditions proposed by Mr. Su of Huayi Capital. Isaac...what do you think?"

Isaac was not present at the internal shareholders' meeting just now.

But Stewart felt that he should ask for his opinion at this moment.

Isaac thought for a moment and said, "The chairman and other shareholders have no objection, so naturally I have no objection either."

Among the shareholders of FXCM International.

Although he is the president of the group's marketing department, he is only a small shareholder.

Although the guaranteed purchase price offered by Huayi Capital was much lower than he expected, the other core shareholders could accept this condition and some concessions on their interests, so he could naturally accept it.

not to mention……

Just like Stuart said.

At this time, their group's capital chain was facing a complete break.

At this point in time, apart from Huayi Capital, which had already gone through initial negotiations and signed a partial letter of intent, they could not find any other potential acquisition agency that could offer more favorable terms in a short period of time.

Moreover, he believed that when he was strolling around with Su Yi and his group.

Other important shareholders of the group, including Chairman Stuart, must have thought of ways to contact and communicate with other potential acquisition institutions.

Now, the core shareholders of the group are willing to accept some concessions in interests and agree to the intended acquisition conditions of Huayi Capital.

In other words, the core shareholders of the group have contacted other potential investment institutions.

During this period, no acquisition conditions were offered that were significantly better than those offered by Huayi Capital.

Of course, apart from these factors...

When he decided to tie his future interests to those of Huayi Capital, he had already hoped that the acquisition conditions proposed by Huayi Capital would be recognized by all shareholders of FXCM International, so that the acquisition plan could be carried out and Huayi Capital could successfully take over FXCM International.

In other words, in fact, the current development of events is completely in line with his expectations.

After figuring all this out, Isaac hung up the phone after talking to Stuart and immediately told Su Yi the relevant news.

"You said that Mr. Stewart and other important shareholders of FXCM International have decided to accept our preliminary acquisition conditions?" Su Yi was obviously surprised when he heard the news from Isaac. "Aren't you waiting for us to complete our final evaluation of your group?"

Isaac responded: "The chairman said that as long as President Su's original promise counts... then there is no need to wait for the final evaluation results."

"Okay." Su Yi said with a smile, "I've said before that there is an old saying in China, 'A gentleman's promise is worth a thousand pieces of gold.' What I, Su Yi, have said and what we, Huayi Capital, have promised are naturally true. Since your chairman and other shareholders of FXCM International feel that the guaranteed purchase price I offer is in line with their expectations and are willing to accept this condition, we can proceed to the next step of negotiations at any time."

"Okay." Isaac responded, "Our chairman said that if Mr. Su is willing, we can proceed to the next step of the negotiation tomorrow." Su Yi thought about it and replied, "Okay, let's do it tomorrow. During this period... Mr. Isaac has worked hard."

"No, no." Isaac smiled, paused for a moment, and then said, "In fact, from the very beginning, I strongly supported the acquisition conditions proposed by Mr. Su and your Huayi Capital."

"We understand this point." Su Yi smiled and said, "Don't worry. After this period of contact and communication, I feel that Mr. Isaac is still very worthy of our trust and is capable of taking on important responsibilities. I believe that in the future development of FXCM International, Mr. Isaac will be able to exert greater capabilities and take on more work."

When Isaac heard Su Yi's words, he knew that his future development path within the FXCM International Group had almost been paved.

So, he couldn't help but continue to exchange a few polite words with Su Yi before carefully hanging up the phone.

"Is there any result?"

After the two hung up the phone, Wang Huaijin, who was next to Su Yi, saw the change in his expression and asked hurriedly.

Su Yi nodded slightly and said with a smile: "It seems that our delaying tactics are still effective. Isaac told me that the shareholders of 'FXCM International' have agreed to our initial proposed acquisition proposal."

"You agreed so quickly?" Wang Huaijin was a little surprised.

He had originally planned to continue the drama and let Li Mingxiu and his team pretend to be sick for another week, but he did not expect that the shareholders of FXCM International would compromise so quickly.

"Yes." Su Yi said with a smile, "The other party's consideration time is shorter than we expected."

Wang Huaijin thought for a moment and said, "It must be because they didn't get better acquisition conditions from other potential acquirers, so they were forced to choose us. President Su... Does this mean that the guaranteed acquisition price we gave in the previous negotiations was a bit too generous?"

"You can't think like that." Su Yi said, "Based on the reputation of FXCM International in the global foreign exchange trading industry and the preliminary asset valuation data provided by Li Mingxiu and others, spending $10.5 billion to acquire absolute control of FXCM International has exceeded our previous expectations.

If we lower the acquisition price further.

Even though it can further save our acquisition costs, it may also increase the probability of failure of this round of acquisition.

In summary, if all shareholders of FXCM International can accept the conditions we offer, it will be a win-win outcome for all of us.”

Previously, Isabel said that if she were allowed to lead the acquisition team in negotiations.

The capital cost of acquiring FXCM International can be reduced to around US$15 billion.

Now, they have achieved this goal without Isabel's help, so there is nothing to feel regretful or unwilling about.

After all, it is better than taking absolute control of the company 'FXCM International'.

Complete the first map setting for the future overseas expansion of Huayi Capital's business.

Spending an extra $100 million or $200 million is of no importance to Su Yi and the wealthy Huayi Capital.

"That's true." Wang Huaijin thought for a moment and said, "In general, we have come all the way here, and the ending is finally satisfactory."

Su Yi smiled and emphasized: "It cannot be said to be successful at the moment. It can only be said to be successful after the negotiation meeting tomorrow and the final acquisition agreement is finalized."

"Yeah." Wang Huaijin nodded and began to look forward to tomorrow's negotiation meeting.

And the next day, which was Thursday, July 7th.

Su Yi and his team once again walked into the conference room of the FXCM International Group's headquarters building. The expressions on the faces of Stuart, Patrick, Noel, and other core shareholders of FXCM International were completely different from the first time. Everyone's face was filled with enthusiasm, and they also seemed to be much more proactive towards the representative team of Huayi Capital led by Su Yi.

Su Yi greeted everyone with a smile.

Then, after exchanging pleasantries, both sides sat down again.

Without waiting for Stuart to speak, Su Yi went straight to the point and said, "After this period of contact, I believe that we all have a sufficient understanding of each other. I also believe that the important shareholders of FXCM International have believed in the sincerity of our Huayi Capital. As I said before, we, Huayi Capital, did come with sincerity, and only we can give FXCM International a better future."

After Su Yi finished speaking, Stuart coughed lightly, took over the conversation, and continued: "After this period of consideration, we do have a better understanding of President Su and all the friends of Huayi Capital. At the same time, we also welcome President Su and all friends to join the big family of FXCM International."

"Mr. Su, your previous promise to acquire our 10.5% of FXCM International shares for $75 billion should still count, right?" Noel asked immediately after Stuart finished speaking. "If it counts, then we don't need to talk about anything else... Let's just sign the contract."

Su Yi responded with a smile: "Of course it counts."

"Okay, then I'll sign this agreement." Noel said straightforwardly, "I'm willing to sell 20% of my 15% FXCM International shares to Mr. Su."

With Noel taking the lead, the other shareholders of FXCM International naturally had nothing to say.

Therefore, the following meeting process basically became a pure signing ceremony.

After several hours of busy work, witnessed by lawyers from both sides, group executives and shareholders, the core shareholders of FXCM International signed a formal share transfer agreement with Huayi Capital led by Su Yi. In addition, various proposals regarding Huayi Capital's acquisition of FXCM International were finalized during the process of the shareholders signing the share transfer agreement.

"Boss Su, you are also aware of the current funding problem of FXCM International." After the signing, Stuart hastily reminded Su Yi, "Without external funds to replenish liquidity in time, I'm afraid it will be difficult for the group's business to continue."

Su Yi replied: "I have understood the specific situation. Within three working days, we, Huayi Capital, will inject $4.5 million into the FXCM International Group account in the form of an interest-free loan with no time limit to supplement FXCM International's cash flow and help the company through all the current crises. Of course, within these three working days, all shareholders will also receive the corresponding share transfer funds. I always keep my word. As long as everyone believes in me and believes in Huayi Capital, the future... will definitely get better and better." (End of this chapter)