Chapter 982 (1/2)
No matter how lively the topic is, there will be times in the past.
After a few days of uproar, the news about Li Dong finally faded.
These days, Li Dong is also overwhelmed.
Wherever he went, people looked at him more and talked about him a few times.
In the end, Li Dong had to reduce the number of appearances.
Fortunately, Huaxia is so big that many things happen every day, so we will not focus on him.
With the Olympic Games approaching, with the deposit reserve ratio raised again, the stock market plummeted, people's attention gradually shifted.
The richest man, no matter how much money, is someone else's.
The stock market plummeted, that's their own money.
On the one hand is the joy of the coming Olympic Games, the other is the bleak slump of the stock market. This June, Chinese people are in the midst of both ice and fire.
Hot summer, also can not warm the cold in the hearts of shareholders.
……
As the stock market plummeted again, the property market, which had previously weakened its downward trend, entered another cold winter.
On June 14, Li Dong's personal wealth was still 72 billion yuan.
On June 20, a week later, Li Dong's wealth was reduced by 1 billion yuan.
Dongyu real estate under those sites, also with this round of real estate winter, entered the shrinkage period.
Li Dong's side shrinks, and others are no better.
The wealth of major real estate developers has also further shrunk, and the primary housing market and land trading market are depressed.
Followed by a large number of shop closures.
It's not real estate companies, but intermediary companies. The first-hand housing market is sluggish, let alone the second-hand housing market.
According to relevant statistics, in Shanghai stock market alone, there were 16000 intermediary stores in the first two years, but half of them were closed in 2008, and there were 89000 left.
Fortunately, Li Dong does not rely on these sites for food. The real estate market is bleak, but the retail market is not greatly affected.
Some experts say that the impact of the financial crisis on the retail industry will be delayed by half a year.
In other words, the retail industry has not been affected. It is not the retail industry that is strong, but the crisis is delayed.
Some people think this is true, but others don't.
Li Dong is one of those who don't care much about what these experts say.
At present, even Carrefour is a little afraid, for fear that Li Dong will not take over Carrefour at one time.
Some of the enterprises such as China Resources and Bailian have disclosed to the media that the acquisition in the distance is not very rational.
When the financial crisis hit the Chinese market, it was obviously not a good choice for Li Dong to spend more than 10 billion to acquire Carrefour.
Even if you want to expand the retail market, you can wait and see.
Someone said, ”Li Dong is swollen!”
The name of the richest man and the number one supermarket made Li Dong forget himself.
With more than 10 billion yuan of capital, it's more cost-effective than the acquisition of Carrefour.
Not one person said that, many people said so.
……
Li Dong didn't care about the question from the outside world.
Chen Lang and Carrefour continue to accelerate the progress of negotiations, Carrefour is now very cooperative in the context of the financial crisis.
On June 21, the two sides held a final round of negotiations.
The negotiations mainly focus on several major issues. First, how much is the M & a capital and how to pay for it?
Second, Carrefour how to carry out the handover, the question of whether the executives will stay or not.
Third, when the stores are closed and renovated when they are due, who will bear the expenses?
Fourth, will Carrefour brand retain for a period of time before changing the house number, or will it quickly change its brand nationwide after the agreement is reached?
Fifthly, it is also the most important one in the retail industry, background integration.
Background integration, which involves quite a wide range, the integration of member system of both sides, the integration of commodity procurement and sales system, the integration of supplier system Can belong to the category of backstage integration.
This is the essence of retail enterprises and the core of Carrefour's value of more than 10 billion yuan.
Otherwise, it will be more than 10 billion yuan if only stores and brand management are not retained.
Carrefour has a mature operation system, which has been rooted in China for 13 years and has a solid foundation. It is far from being replaced by dozens of cooperative enterprises signed here from afar.
On this point alone, the two sides will have further talks.
After the general direction has been determined, we can have a detailed discussion.
This is one of the reasons why Li Dong said in front of the media that it would not be announced until July, not only to expand the influence of the supplier conference, but also because of the time.
……
The night of the 21st.
Chen Lang, who had been talking with Carrefour all day, called Li Dong.
At this time, Li Dong was having dinner.
As soon as he saw the call, Li Dong threw down his chopsticks and went to pick up the phone.A phone call, Chen Lang then tired way: ”general manager Li, basically reached an agreement.”
”Good!”
Although he knew that Chen Lang was very tired at this time, Li Dong still asked, ”tell me about the content of the agreement roughly, just a little bit.”
Chen Lang was also ready for the report. Wen Yan immediately said: ”I have sent a fax to the headquarters for the specific content of the agreement.
But I'll tell you a little bit about it. I'll be ready.
The first is the issue of funds.
After several rounds of negotiations, the acquisition fund was finally determined to be 11.4 billion yuan.
According to your opinion, we have reached an agreement with Carrefour to pay in cash in four installments.
In the first phase, the down payment ratio shall not be less than 30%. Within one month after the formal signing of the agreement, it must be in place.
The next three instalments will be paid in half a year from next year.
That is to say, before July of 2010, all payments must be settled. ”
Li Dong slightly pondered for a moment and said, ”this is not a big problem. Go on talking.”
According to the opinion from far away, it is better to pay off the balance within three years.
Generally speaking, such a large-scale merger and acquisition is not long, and it is also a common thing.
However, Carrefour is obviously not willing to do so, and Li Dong doesn't ask for it.
For a year and a half, plus this year, there are actually two years. The difference is not big. Li Dong thinks that the pressure of paying in installments within two years is OK.
”Second, senior management issues.
The agreement we signed with Carrefour is that in the next six months, people from afar will be sent to take over. The former Carrefour executives must complete the handover before leaving.