Chapter 1263 (1/2)
Outside the headquarters of Gome.
Li Dong said goodbye to Du Juan and got on the car with some dignity on his face.
Control the steps of Guomei, from now on!
The acquisition of listed companies is generally divided into tender offer and agreement acquisition.
At the moment, Li Dong adopts the second way naturally.
On the one hand, Guomei's trading is suspended; on the other hand, the tender offer is more restrictive.
According to the regulations, there is a time limit for tender offer, ranging from 30 days to 60 days.
In addition, every 5% increase or 5% decrease in shareholding shall be announced in the stock exchange, and all shareholders shall be informed in writing.
In addition, there is a restriction on the so-called principle of price equality.
That is to say, even the smallest shareholder, you pay a high price to buy shares from him, and then, facing all shareholders, you have to pay the same high price.
Even the shareholders who have reached an agreement have the right to ask you to make up the difference.
This is absolutely not advisable for Li Dong.
He gave Shen Xuehua an offer of 30 billion, 2% shares and 600 million capital.
Once it is carried out according to laws and regulations, Li Dong will have to supplement Fukang with 2.4 billion yuan and Guomei with 2.4 billion yuan. In an instant, he will spend nearly 1 billion yuan more.
This is still at present. The subsequent negotiation and acquisition with other shareholders will also lead to price rise. The gap may be as high as 10 billion yuan. Naturally, Li Dong is not willing to do so.
These restrictions make it impossible for Li Dong to make a tender offer at present, so he can only take a negotiated acquisition.
The acquisition by agreement is much simpler than that by tender offer. The buyer and the shareholders have private transactions, private negotiations, and the price is discussed by themselves, which has nothing to do with a third party.
This is one of them!
Second, it is different from the tender offer when the shareholding reaches 5% or every increase of 5% is required to publish an announcement and notify all shareholders.
The conditions of information disclosure should be more lenient in the agreement acquisition, and the announcement must be made only when the shareholding is more than 30%.
And once obtained the approval of the securities regulatory agency, the offer announcement can be exempted.
In fact, the differences and restrictions of these conditions can not say who is good or who is bad.
Acquisition by offer has the advantages of acquisition by offer, and acquisition by agreement has the advantages of acquisition by agreement. However, for Li Dong at present, it is naturally the second way, which is more in line with his psychological expectations.
Li Dong does not expect to obtain the permission of the securities regulatory authorities to make an exemption announcement.
If he can hold less than 30% of the shares, there is no need to issue an announcement, which will save Li Dong a lot of trouble. Otherwise, he will have to make an announcement when he purchases the shares of Fukang.
Now, as long as the two sides reach an agreement, Li Dong and Fukang can entrust intermediary agencies to keep stocks and deposit funds.
In this case, it is not necessary to submit written reports to securities institutions for the time being.
When Li Dong holds more than 30% of his shares, at that time, he can submit it for review at one time.
In fact, if he could, Li Dong would prefer to keep holding more than 50% of the shares before submitting a written report at one time. However, according to the regulations, this practice has violations.
To Li Dong's point, in the acquisition of enterprises, naturally do not want to be seized by the handle, attack.
While Li Dong was meditating, Sun Tao kept quiet and did not speak.
After about two or three minutes, Li Dong said, ”have you made an appointment with Morgan Stanley?”
In fact, there are two people in the conference room just now.
Mei wants to be the person in charge of the acquisition, but they can't find the person in charge.
At present, both of them have leaders in China.
Shen Qian and other major bond holding investment institutions are still in contact with them recently, so they do not have much energy and time to contact these two companies for the time being.
Now that Li Dong has arrived in the capital, of course, he hopes to make a quick decision. If he is late, he will change.
****Morgan Stanley and Morgan Stanley still hold 15% of Gome's shares, and Li Dong holds 18% of shares after taking Fukang and Shen Xuehua's shares.
Together, that is 33%, which is not much different from the 35% in Huang's hands.
As long as he can win the support of several other investment banks, or simply take the shares in the hands of several investment banks, Li Dong can exercise the rights of major shareholders.
Within the company, the power of large shareholders is still very large.
Not only can we get more people's support, make corporate decisions, issue new shares, and hold the board of directors and shareholders' meeting at any time
These rights are conducive to Li Dong's full control of Guomei.
At that time, even if Huang's reaction came over, there was no time to change anything in a short time.
Li Dong wants to be quick, otherwise he will give Huang a chance.
Although Huang's hands do not have much capital, but old Huang in Chaoshan generation, not shallow contacts.The merchants in Chaoshan area are also united.
After giving Huang family time, the other party is likely to ask Chaoshan merchants for help. Many big businessmen here, including Lao Li from Xiangjiang, are from Chaoshan.
Once the Huang family has found a helping hand, with Li Dong's current strength, it is not necessarily possible to win over the Huang family.
Therefore, Li Dong's strategy is to be fast, faster, and the fast Huang has no time to react and raise funds.
Chaoshan businessmen have money, but it doesn't mean they will support you free of charge.
When we see that Huang's family does not have an advantage, these people are not good at money. Naturally, they will not support each other, so as to avoid the failure of Huang family and the inability to repay the loan.
After Li Dong's voice dropped, Sun Tao said in a calm voice: ”we've made an appointment, and the other party understands what we mean.
I mentioned microblogging. Both sides are very interested.
If you want to meet, we can meet in the evening. ”
”In the evening, the two families will see each other separately. In the afternoon, we will continue to accompany me and solve the problem of Fukang.
We will have capital to compete for the control of Guomei
Sun Tao quickly nodded and began to make arrangements by phone.
And sitting in the back of the car, Qi Yunna is confused, what do you mean?
Although Qi Yunna is a distant executive and Li Dong's lineage, she is not in the headquarters. Naturally, no one will tell her these top secrets.
Last time Li Dong and Du Juan talked, Qi Yunna felt that Li Dong was a little demanding.
At that time, Qi Yunna felt something was wrong with Li Dong's tone.
However, she did not think that Li Dong would take the idea of Guomei control.
However, just after Li Dong and Sun Tao's conversation did not avoid her, a few words, Qi Yunna heart set off a storm!
Fukang, Damo and Xiaomo are the major shareholders of Guomei.
The three companies hold a total of 23% of the shares of Guomei, but Li Dong has their idea!
Qi Yunna can't be shocked. Li Dong's appetite is really too big now!
Who could have thought that what Li Dong wants is not only online, but also a stake in Guomei. He also has a deeper appeal!
Seeing Sun Tao busy on the phone, Li Dong lost his voice. Qi Yunna endured for a long time. She couldn't bear it any longer. She whispered, ”Mr. Li, what you and Mr. Sun said...”
Li Dong said with a smile, ”I thought you could hold it back. It seems that you are still not strong enough. You should practice more.”
Qi Yunna secretly rolled her eyes. I'm not strong enough?
Do you know what you're talking about?
In the past, the number one retailer, even now, is the top five or even the top three retailers, and the number one in the field of home appliances.