Chapter 301 (1/2)
Listening to Simon's feelings, Jennifer said: ”according to Dad's recent negotiation with Nokia, we only need about US $200 million to take over Nokia's mobile communication equipment department. Considering the subsequent operating expenses, the total expenditure in one year will not exceed 250 million, because there are no other large-scale overseas investment projects, so we can only withdraw the funds to China. ”
Simon originally planned to acquire most of the equity of Nokia through capital injection, but because of the political turmoil in Eastern Europe and Nokia's own consideration of being eager to streamline its business, the other side took the initiative to ask Westeros to take over the mobile communication equipment department of Nokia.
Although Nokia's mobile communication equipment department can not be compared with Motorola, Simon found a large number of GSM related second-generation digital communication technology patents in the process of checking its asset list, and the company's other technology accumulation in mobile communication is also deep enough.
Therefore, since Simon has a large amount of money in his hands, he will not oppose the overall plan.
Apart from Nokia, Simon has not found any other large investment projects that satisfy the appetite of Westeros.
In contrast, Simon's advantage in withdrawing funds to the United States is not just MCA. Many other investment goals are enough to bring him ten times and one hundred times returns in the future. With billions of dollars of funds, the domestic market of the United States can fully survive.
However, the 28% capital gains tax is really painful.
According to the current volume of cersei capital, after settlement, all the funds belonging to Simon will be transferred back to China, only the taxes to be paid will exceed $1 billion.
Simon even had the idea of changing his nationality. However, this idea is just to think that, compared with other western countries, the tax system of the United States is complex, but it is not high. Moreover, if Simon changes his nationality, his business expansion in the United States will definitely be subject to all kinds of strict restrictions.
Jennifer waited for Simon to think for a moment, and then said again, ”there's another thing. According to the news from Los Angeles, Australia's qintex group and MGM issued a statement at two o'clock in the afternoon. They have finalized the general merger plan. As long as the funds are in place, the two sides can complete the deal 。”
The female assistant said and handed over a page of information from the folder.
Simon was a bit surprised.
In my memory, qintex group did not succeed in acquiring MGM. What's the matter now?
After reading the statement submitted by Jennifer, it turns out that qintex group recently sold a resort in Brisbane for us $430 million, and the US $500 million corporate bond issued by qintex group for the purpose of acquiring MGM also won the support of many Australian investment institutions.
Putting down the statement on that page, Simon said, ”qintex is obviously insolvent. There are so many people who are stupid enough to join in.”
Looking at Simon's side face, Jennifer said: ”after the release of the Forbes rich list last month, Hollywood's attraction to capital has increased significantly. Orion is also discussing financing with a Canadian company recently. If it gets the money, the company may be able to survive the crisis.”
Simon pointed to the file on his knee and said, ”don't let Orion survive the crisis. I'm still waiting to buy this company's film library.”
At the beginning, Nancy Brill's proposal to Simon has always been in his mind, and Orion does have a number of very high-quality film copyrights.
”That's why you didn't give Orion places for the 10 projects this time,” she said with a smile
Simon nodded and said, ”yes, and of course there's something about Orion's default on the share of vulgar fiction. The situation of this company is getting worse and worse. If we cooperate with them again, we will certainly be in arrears, or even unable to recover the funds at all. ”
In addition to the high quality of the project itself, Simon also has a variety of pertinence in the choice of cooperative companies.
Fox is because of the Murdoch family, Disney and Warner Brothers are because they have had a very happy cooperation before, Columbia is because of Matthew Broderick's business, and as for globegroup, the ”ten days in danger” that they cooperate with each other will probably be their own in the end.
The rest of paramount, MGM and the second tier Orion, Simon does not intend to work with them unless necessary.
Perhaps, after qintex completes its acquisition of MGM, the company will also lift the ban.
It's still an Australian company.
In fact, compared with Orion, MGM's film library is richer. This company is very powerful in the golden age of Hollywood.
Simon also inquired about the capital game played by Ted Turner and Kirk cochrian a few years ago. Turner Broadcasting Company only left the TV broadcasting right of MGM's film library before 1986, and it is not a permanent license. It will expire in 2003.As a result, MGM is still the largest film company in Hollywood's film library.