America: My Time
Chapter 170 Trading
Chapter 170 Trading
Chapter 170 The Deal
“That makes some sense, but it’s too late to say that now. Our deal with this kid has already begun, and the whole of Wall Street knows that we cannot afford to fail. If we fail, Rockefeller will lose all face, which is an outcome Rockefeller cannot accept.”
"How can this kid be so ruthless in business? He doesn't even give us a chance to bargain. That's too domineering. I really don't know how Morgan has been working with this kid for so long and how they can still have such a good understanding!"
“Morgan isn’t as greedy as you are. The prices they offered are all within John’s acceptable range, and Morgan is very sincere, but I see absolutely no sincerity in any of you. Even if you want to benefit from John, you have to give something, right? Not only are you unwilling to give anything, but you also want to take more than you owe with interest. How can that possibly succeed? I’ll say it again: we’ll give you our bottom line. Don’t waste time. We don’t have that much time to delay. Morgan is still watching us closely. Once Morgan seizes the opportunity, everything will be over.”
"Well, it seems this test has failed again. John is more terrifying and cunning than we thought. Just do as you said, state our bottom line. If he still doesn't accept it, then there's nothing we can do."
"It's really frustrating. We spent so much time and used so many connections to get Sikorsky, and now we're just handing it over to that bastard for such a low price. It's infuriating!"
"You have to look on the bright side. At least we managed to get that bastard John to raise funds ahead of schedule. Dreamworld and Nvidia, two high-tech companies, are both in the best interest of us. Look at the gaming world now. If we hadn't backed down back then, we would be just as happy as Morgan."
“This time, we want shares in Dreamworld and Nvidia, not Sikorsky. Do you think we can directly convert Sikorsky into shares in Dreamworld and Nvidia to avoid competing with others, or have John give us a certain share directly!”
"That idea works, but I don't know if that brat is willing to accept it. After all, he has the initiative now, and we can't make the decision!"
"Discuss it. Have your men talk to John. First, tell that brat our bottom line, and then discuss whether we can get the shares of Nvidia and Dreamworld ahead of time. Without discussing it, we won't get anything."
"I'm afraid this kid still won't give us face and will refuse outright. He's not short of funds right now. Representatives from Mitsubishi Bank of Japan are already in Shanghai, and they've reached an agreement. They're just waiting for our offer!"
While John awaited Rockefeller's reply, he didn't remain idle. He began meticulously crafting a plan to divert the enemy's attention. He needed to be extremely cautious with those old fogies, leaving no room for carelessness. Financial groups were ruthless; even the slightest oversight could have dire consequences. A detailed plan was essential; this was a battle of wits and courage, a war without gunfire.
Rockefeller didn't keep John waiting long; he received a reply the next day. This time, John, Mitsubishi Bank, and Rockefeller met to negotiate the acquisition of Sikorsky. Actually, calling it a negotiation is a bit of an exaggeration; John and Mitsubishi Bank had already coordinated, leaving only the price issue with Rockefeller. Once the price was agreed upon, the deal would proceed immediately.
"Mr. John, this is our bottom line. If you agree, we can sign the contract immediately!" With that, the Rockefeller staff handed the price list to John.
"Yes, I can accept your offer. I believe you now have control of Sikorsky's shares. Produce the contract, and we can begin the transaction. The funds will be handled by Mitsubishi Bank. As soon as we accept Sikorsky, the funds will be immediately transferred to your designated account. Of course, if you are not comfortable with this, you can designate an intermediary account. Mitsubishi Bank will transfer the funds to this account first, and then we will begin accepting Sikorsky."
“Mr. John, we have no problem with the transaction. Your people can receive Sikorsky first, and after confirming there are no issues, then transfer the funds to our designated account. However, we have a request. Do you think you can accept it?” “Oh! What is your request? If it's not too difficult, I'm quite agreeable!”
"Actually, it's not a big deal. Mr. John is looking to raise funds for Nvidia and Dreamworld, right? We hope to exchange Sikorsky's funds for shares in these two companies. Of course, if it's difficult, we can also accept a portion of the financing!"
"It's not impossible to exchange Sikorsky's funds for shares in Nvidia and Dreamworld, but the prerequisite is that you can persuade Morgan. I believe Morgan will not agree. If you can persuade Morgan, that's another story. However, obtaining a portion of the financing in advance is still possible, but the price must be consistent with the final transaction price! You can ask your bosses to see what they choose. If they can persuade Morgan, that would be even better; if they can't, we can only use the second option, where I can offer five percent of any company's shares!"
This time, John did not refuse Rockefeller's request. The financing had already been decided, and he still had the right to decide how to allocate the shares. Giving Rockefeller a portion of the shares in advance would make it easier to increase Nvidia's and Dreamworld's shareholding, which would also be very beneficial to him. Why should he refuse a win-win situation, and there was no reason for him to refuse!
Thus, the Sikorsky acquisition was complete. While formal takeover would take some time—Sikorsky being a top-tier helicopter manufacturer, putting immense pressure on Gulfstream, a newcomer to the aviation industry—Gulfstream, being an aircraft manufacturer itself, could, with a little more time, manage to take over Sikorsky. Integration, however, was out of the question.
After the deal was completed, neither the Mitsubishi Bank representatives nor the Rockefeller personnel remained in Shanghai. Instead, they quickly returned to their home countries, as they needed to report back to their companies about the transaction.
The acquisition is complete? The news shocked everyone in China. It was too fast! This was Sikorsky, such a major helicopter manufacturer, acquired just like that. No one had expected it. They thought such a large acquisition would be difficult to complete in less than a few months. But reality showed them John's speed, the power of capital—nothing is impossible in the face of capital.
As the acquisition of Sikorsky was completed, Morgan's fax arrived, informing him that John had finalized the acquisition of an island in Hawaii, with information on Lanai already faxed to him. If John agreed, this sixth-largest island in Hawaii would soon become his private island.
After carefully reviewing the information on Lanai Island, John was very satisfied. It perfectly met all his needs, and he quickly reached an acquisition agreement with Morgan. However, the planning of the island required professional handling, and he also had many ideas of his own. It was not only a tourist resort but also one of the bases for his security company, so there were many requirements in the design, which necessitated the involvement of the security company.
Security is a major concern, and John never takes his personal safety lightly, especially as his assets continue to grow. He must be extremely cautious about security and cannot afford any mistakes. He is never stingy when it comes to security; he will always meet any needs.
John's philosophy was to leave professional matters to professionals. Lanai Island quickly handed the project over to specialists, only making demands: a tight deadline of the end of 84, an airport capable of accommodating Boeing 747s, a Chinese-style garden mansion, a golf course, a port, and other essential infrastructure—all requiring significant time for design work!
Of course, the most important thing is the hospital. Considering the devastation the US will face when COVID-19 emerges, even money doesn't guarantee protection. Therefore, John has no hope for the US healthcare system; owning his own hospital is the best option, and only that can give him peace of mind. Completing so much construction in just over a year is undoubtedly a massive undertaking, requiring immense preparation and effort.
John's trip to China was very fruitful; almost all of his ideas were realized. Although it was his first time cooperating with China, the sincerity of the Chinese side deeply moved him. However, he didn't have much time to stay in China. After inspecting all the factories he had invested in and gaining a preliminary understanding, he had to set off for Hong Kong. There were still matters waiting for him to handle there, especially the finalization of Hong Kong Telecom. No matter what, he needed to make an appearance.
This time, John did not fly directly to Hong Kong. Instead, he chose to travel south from China to learn more about the situation there and prepare for future investments. He wanted to understand how China could lead to success in future investments.
John first flew his private jet directly to Tokyo to take Naoko back, and then flew to Hong Kong. His trip to China had already lasted almost a month, and Naoko couldn't stay with him indefinitely; she had her own career. Although women in Japan have a low social status, and entertainers don't have a high status either, Naoko herself didn't want to give up her career, and John could only acquiesce.
(End of this chapter)
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