Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 403 Jianghua returns to abject poverty

For this acquisition, at the request of Jiang Hua, Merrill Lynch received a request from its new boss.

To acquire ADM shares in a low-key manner, at least to the extent of controlling the shares.

ADM Company is a listed company, unlike Cargill, another grain company.

Cargill operates in more than 150 countries and regions and has more than 155,000 employees.

Cargill has ranked first among private companies in the Forbes list for 29 consecutive years.

It is the largest privately held company in the United States and has maintained the nature of a family business for more than 100 years since its establishment.

In fact, from the beginning, Jiang Hua was interested in Cargill, the c among the four major grain merchants ABCD.

Although ranked C, in terms of genetic engineering strength, it is stronger than the others combined.

This has always been Jiang Hua's dream, but the system doesn't even provide any information on genetic engineering.

I gave a special prize in the lottery, "Genetic Engineering from Scratch".

The introduction just briefly talked about Spider-Man and the secret of longevity.

Who knows if Jiang Hua can get this technical information after draining all the money.

In the mind of Jiang Hua, who is suffering from persecution and paranoia, it is best to establish his own genetic engineering research institute.

Otherwise, no one can bear hundreds of thank yous for your patronage.

If you have this kind of money, it’s better to do your own research, which is much more reliable than the system.

The company with the strongest genetic research is Cargill, but it is a private company.

If the acquisition is not available, the next best thing is to have a good relationship with Procter & Gamble.

The ADM with the strongest comprehensive strength is also the best choice he can acquire so far.

This company is large enough and has the strongest comprehensive strength.

At its peak, adm's companies were spread across more than 200 countries and regions around the world.

Except for Antarctica, this is the scary thing about ADM. Wherever there are people, there are food giants.

And they also have a genetic research laboratory, which is of course only a small one and only conducts research on grain.

Far inferior to privately held Cargill.

But it is also the best company he can find now, and he can achieve several goals with one stone.

Firstly, it consolidated its own voice, and secondly, it controlled part of the grain industry.

Preventing others from imposing sanctions easily is ultimately the genetic engineering that Jiang Hua is obsessed with.

But all this will have to wait until the dust settles before it can be determined.

You must know that ADM has the strongest comprehensive strength, is now also large, and is engaged in monopoly business.

Generally speaking, there is no one that is not making money, and without enough benefits, their shareholders will not give up their stocks.

Of course, Jiang Hua does not need to personally lobby for all this, as he has an investment bank under his banner.

Of course, this acquisition should be negotiated by professionals. Jianghua only needs to provide a psychological price.

However, Jianghua requested confidentiality, so the acquisition was not carried out with much fanfare.

After holding on to the secret for about half a year, even Jianghua couldn't hold it anymore and traveled around Europe.

I even went to Los Angeles and watched the NBA for several months before finally finalizing it.

All shareholders of adm agreed to sell their shares. Of course, the choices were diverse. Some people chose Coca-Cola’s share swap, while others chose Pepsi-Cola’s share s

Most people choose to get 100% of the premium purchase money and leave the market to enjoy life.

In total, this company cost Jianghua more than 50 billion US dollars in cash and shares.

In this era, 50 billion is simply a sky-high price. You must know that the world's most valuable company is only worth more than 10 million US dollars.

Even if Jianghua pays a little more money, he can control the world's number one company.

This time, he has completely returned to below the poverty line and directly owes nearly 30 billion US dollars.

I used to think about how to spend my money every day, but now I just think about how much interest I have to pay back every day.

Overall, this is a good thing, at least his wealth will not be lost due to currency devaluation.

Therefore, when it comes to money owed to the bank, investing it with the bank's money is the best investment.

If you delay repaying this amount for a few years, you will find that the overpaid interest is eliminated.

Taking into account the currency depreciation, you still earn a lot, or even double your earnings.

However, Jianghua still suffered a loss in this transaction and received the shares at a 100% premium.

Most shareholders chose this option, so they spent nearly 50 billion.

This is Jianghua's largest acquisition so far, even surpassing Mercedes-Benz.

.......

"Boss, congratulations, our company has become a giant in the grain industry."

Welch congratulated him with a smile,

Jiang Hua heard the strong sense of ridicule and laughed at him as being taken advantage of.

"Laugh if you want to, won't you feel uncomfortable if you hold it in?"

Welch asked curiously: "Boss, what do you think? Acquiring a grain company at double the premium and letting it quietly privatize it is to create another Cargill company."

Jiang Hua sighed, this was not forced by the beautiful country, if it continues to develop honestly.

Sooner or later, his company will be broken up.

This is not to control all aspects of the beautiful country in advance so that they will not dare to attack easily.

Jiang Hua patted him on the shoulder and said earnestly: "You also know our shortcomings. There are many industries, but they are not very important industries. There are many substitutes, so I am eager to acquire a company with enough say. This way

Only then can we stay safe in the storm."

Welch also knew the disadvantages of their company. The biggest disadvantage was that the boss was Chinese.

And the nationality is not a beautiful country.

There is always a danger of having the water meter checked, but the price paid for this acquisition is too high.

Although ADM is big enough, it is not worth US$50 billion, considering the current situation in mainland China.

The total GDP is only 909.89 billion yuan. When converted into US dollars, the official exchange rate is 3.7.

For US$245.9162 billion, Jianghua spent more than 20% of GDP to buy this company.

It's too arrogant, but they are a monopoly company. If the price is not raised, how can they sell it to you?

Without enough benefits, those shareholders are not fools.

"I know, but the premium this time is too high. In the next few years, all companies in the entire group will be in the process of repayment and will no longer dare to make aggressive investments. Many acquisitions will have to be stopped."

Jiang Hua shrugged: "Wait a minute. Before 1989, I promise to pay back all the money and provide a large amount of funds for the company's development. I have been working hard in the past few years, and the company's cash flow is still very sufficient."

Welch didn't know what big move Jianghua was planning to make, but through the operation of two oil crises.

He trusted Jiang Hua's ability to make money, and this man was destined not to be held back by a company.

Ordinary people own a multinational company, and one is pretty good. Jianghua owns at least more than 10 multinational companies.

They are still companies with a strong voice in their respective fields. Of course, he will not be held back by one company.

"That's all we can do. We'll put our development on hold for the next few years."
Chapter completed!
Prev Index    Favorite Next