The assets of Hutchison Whampoa were divided between Lei Yunrong and the charter king and laughing. After the most important thing was solved, both of them felt relieved.

Lei Yunrong took out a bottle of rice wine he brought with him and said to the charter king:

"Uncle Bao, although it is not convenient for us to hold a celebration banquet, it is a great pleasure to buy Hutchison Whampoa. At this time, I specially asked someone to buy a bottle of authentic Shaoxing rice wine. We can use this

Celebrate."

"Arong is intent, I haven't drunk this rice wine for a long time. Speaking of which, rice wine should be our national wine in China. It has a history of two or three thousand years in our China. We Chinese should drink rice wine when celebrating."

The King of Shipbuilding is from Zhijiang. The most famous rice wine in Zhijiang is the wine in his hometown, so he feels that Lei Yunrong is very considerate.

"Then let's try it first. It's the first time I've drunk rice wine."

The rice wine is not high in terms of its taste and tastes a bit sour and sweet, but the aroma of the wine is very strong. This is surprisingly delicious for people like Lei Yunrong, who are extremely capable of drinking.

After three glasses of yellow wine, Lei Yunrong's face turned slightly red. Seeing that the boat king's wine glass was empty, he stood up and filled it with it, and said:

"Uncle Bao, Hutchison Whampoa is a listed company, and there are strict procedures for divesting assets, so this also requires careful operation."

"Yes, Arong, do you have any good ideas?"

Lei Yunrong asked without a positive answer:

"Uncle Bao, are you interested in the shell of the listed company of Hutchison Whampoa? If you are interested, you can take it away."

"Arong, this shell has considerable value."

"I know, but I've got enough of it before. You may need some of this Uncle Bao."

After all, Hutchison Whampoa is also a well-established listed company in Xiangjiang, and it is one of the few blue-chip stocks at this time. The shell value of such a listed company is also very high.

The reason why Lei Yunrong gave it to the charter king was indeed because of the division of property. In the long run, he made a lot of money, and Lei Yunrong also had better goals.

"Okay, since that's the case, I'm disrespectful."

Since this matter was agreed, Lei Yunrong also stated the plan for asset divestiture:

"Uncle Bao, we also follow the regulations in order to reduce trouble. Now the largest shareholder of Hutchison Whampoa is Yum, and we both account for half of Yum. We can evaluate the actual value of Hutchison Whampoa. Uncle Bao, you can use funds to acquire me.

I also used funds to acquire the assets divided by Hutchison Whampoa Zhongbian to me. Uncle Bao, what do you think?"

The King of Ship chartered for a while and said:

"Arong, there is no problem with this plan, but how to evaluate the actual value of this Hutchison Whampoa?"

"We don't have to do the commercial algorithm premium, just evaluate the value of all assets of Hutchison Whampoa. Adding it up is the value of Hutchison Whampoa."

"Okay, just follow your method."

Since then, the two people's plan to divide the assets of Hutchison Whampoa has been officially completed.

This time, the acquisition of Hutchison Whampoa, actually the two of them didn’t spend too much money.

In the agreement reached with Jardines, Yum took over the Hutchison Whampoa shares in Jardines at the time, and Jardines also acquired shares in Land Company in Yum at the time.

At that time, the stock price of Hutchison Whampoa had slightly fallen, falling to HK$40.6 per share, with a total market value of HK$3.888 billion.

Jardinei originally held 50.1% of Hutchison Whampoa shares, but later because of this triggering the invitation to acquire, he sold 0.2% and left 49.9%.

This part is worth more than HK$1.9 billion in total.

Land Land Company suddenly launched a acquisition of Lei Yunrong and the Shipbuilding King, and its share price rose every day, reaching HK$96.4 per share at that time.

This is also the reason why Kessek disagreed with trading at the stock price at that time but was very eager to reach a settlement.

According to the stock price at that time, the total market value of Land Land Company was HK$6.9408 billion.

Yum holds 22.5% of Land shares, a total value of more than HK$1.56 billion.

Therefore, Yum only needs to pay Jardine Hwa Group 340 million in cash to take down Hutchison Whampoa. Of course, various taxes in the transaction are not included.

So in general, Yum has used the shares of Hutchison Whampoa and Land acquired by Lei Yunrong and the Shipbuilding King to acquire Hutchison Whampoa with the 340 million yuan in cash.

The stock value of the two companies invested in Yum is also calculated based on the value of their actual investments.

On Lei Yunrong's side, he owned 20.6% of Hutchison Whampoa shares and 5.2% of Land Land shares at that time.

Because when Lei Yunrong acquired these shares, the stock prices of these two companies had not yet surged and were relatively stable, so they didn't spend much money.

Among them, the shares of Hutchison Whampoa cost nearly HK$320 million, and the shares of Land Company also cost nearly HK$320 million, so Lei Yunrong invested all the shares of Yum Company worth 620 million.

The ship charter king only held 11.3% of the shares of Hutchison Whampoa. When this part was acquired, the share price of Hutchison Whampoa rose slightly. The ship charter king spent a total of 170 million Hong Kong dollars.

This calculation will definitely lead to a little loss. After all, he secretly absorbed the stocks of Hutchison Whampoa very early and spent less money to get more shares.

At that time, in order to reach cooperation as soon as possible and to be less troublesome, Lei Yunrong didn't care too much, so he took the initiative to calculate according to this method.

The King of Ship charter is also a particular person. He knew that he took advantage of this time, but he remembered it in his heart without saying anything. So when he successfully acquired Hutchison Whampoa and splitting assets, the King of Ship chartered also made a big deal.

concession.

Not to mention that the ship charter king gave up Kinmen Construction, the largest construction company in Xiangjiang, to himself. This is a very mature company. The ship charter king said that he did not understand architecture and was not very useful to him. It was his excuse.

Repaying favors.

There is also the last part of the property in Hutchison Whampoa, and the ship charter king also gave up the higher value of the mountain top land property to Lei Yunrong.

Now the "mountain luxury house" and "mountain villa" that the Xiangjiang media and even later generations often call are mainly concentrated on the mountain top road, the planting road and the Binji Road intersecting the two sides of the mountain road. As for the famous Baijia Road in later generations, strictly speaking, the famous Baijia Road in later generations

It is not the top of the mountain, it is in the middle of the mountain and is barely considered the first part of the top of the mountain.

Then after decades of construction, the entire mountain top area was developed into a building complex, forming a large mountain top community. In addition, the famous mountain top square, wax museum, Lingxiao Pavilion and other attractions in Xiangjiang in later generations are all near this community, so

It has formed the Taiping Mountain Top, which integrates tourism, food, shopping and residence, and has become a very important business card for Xiangjiang.

Hutchison Whampoa stockpiled a lot of territory on the top of the mountain, and developed these territory in 1974, and named the real estate project Hongmei Pavilion.

Hongmei Pavilion is a very advantageous location. It is located in the core area of ​​Shanding Community, including nine independent houses and thirty-nine townhouses.

Nine of the detached houses were developed last year, but these villas were only rented but not sold, and have been retained under the Whampoa Warehouse. The 39 townhouses are under construction and are expected to be completed next year.

Not to mention the future, these mountaintop villas are now the most expensive and top luxury houses in Xiangjiang, with huge value. If placed in the 21st century, these houses will be worth at least 10 billion Hong Kong dollars!

So sometimes when doing business, you really can’t worry about it. Of course, this also requires distinguishing people. Some people are arrogant and others treat you as fools.

Back to the point, this way, Lei Yunrong invested 620 million yuan in this acquisition of Hutchison Whampoa, the chartered ship king invested 170 million yuan, and the 340 million yuan in Hong Kong dollars to be paid to Jardine, a total of only 1.13 billion yuan.

Hong Kong dollars.

2k

However, in addition to this part, Yumson Company also acquired about 5% of the shares in the stock market after publicly acquiring Hutchison Whampoa. The stock price of this part is not low, with an average price of HK$30, so this part is also

Nearly 150 million spent.

Total, Yum spent HK$1.28 billion to hold 64.5% of the shares of Hutchison Whampoa, including the remaining 15% of the shares of Yum Polygon without replacing the shares of Land Land.

This actually has reached the standard of comprehensive invitation to acquire, but it is easy to avoid it. Just spread the shares and a single shareholder is less than 50%.

This value happened to be similar to the total market value of Hutchison Whampoa before the acquisition, but it was obvious that Hutchison Whampoa fell into the hands of Lei Yunrong and the ship charter king.

So regarding this acquisition, Lin Xingzhi commented on the Xinbao that this was a classic snake-elephant-swallowing elephant-style acquisition that achieved the greatest victory at the minimum cost.

Therefore, Li Ka-ji, who was known as the God of Xiangjiang Stocks in later generations, was also repeatedly studying this acquisition war.

In fact, the most important thing is to cut off the firewood from the bottom of the pot and turn to Land, which made Land's stocks soar and offset some costs, otherwise it would not be so easy.

Just look at the ship charter king in history. First, he spent 1.5 billion Hong Kong dollars to acquire Li Chaoren and several idle shareholders, which together had nearly three floors of Hutchison Whampoa, and then held an opening with Jardine Mahjong on the stock market.

In the duel, he spent 2 billion Hong Kong dollars in cash to acquire two layers of stocks, and finally spent 3.5 billion Hong Kong dollars to acquire 49% of the shares of Hutchison Whampoa.

This time, it can be said that due to Lei Yunrong's intervention, not only did he spend a lot less money, but he also hurt Yihua's bones.

Therefore, this time Lei Yunrong not only made the 200 million US dollars loan prepared by Goldman Sachs useless, but he also didn't use up the funds he prepared himself.

At that time, in order to ensure sufficient funds, Lei Yunrong not only asked Goldman Sachs to prepare a loan of 200 million US dollars, but also gave all the stocks of several companies other than Land after the acquisition war began.

Sold.

Affected by the acquisition war at that time, the entire stock market was rising slightly, so Lei Yunrong not only did not lose money when selling those shares, but instead made a little profit.

So in the end, because Lei Yunrong invested in Yum's stock price was relatively high, he only needed to invest another 20 million in cash. The ship charter king needed to invest another 470 million Hong Kong dollars.

The final asset divestiture plan was to invest HK$640 million to acquire 50% of Yum shares in Lei Yunrong's hands, so that the ship charter king would become the controlling shareholder of Hutchison Whampoa.

Later, Lei Yunrong invested in purchasing these assets based on the actual value of the current Tianxing Wharf Property, Tianxing Ferry, Diamond Mountain Longpandao Land and Shanding Property.

Although doing so will generate a little more taxes, it is better to be clear, clear and legal.

As for Kinmen Construction, it was privatized when Jardinei acquired it, so it was much more convenient to acquire it, but Lei Yunrong needed to pay it himself.

The division plan has been decided, and the two companies have also sent people to implement the specific plan.

Although Lei Yunrong and the King of Shipbuilding have settled the general direction, there are still many details and problems, so it took more than a month to divide the asset. In fact, this is also fast. If you encounter a petty and conspiracy, you can still find it.

People, this can be arguing for a year or two.

In the past month, everyone has watched Hutchison Whampoa keep issuing announcements and knows that the two are dividing their assets.

Ordinary people may just use it as a topic of conversation before and after dinner, and most Chinese businessmen are just envious and jealous. Every time they publish an asset, they are jealous.

As for Jardine Mathematics, they were so angry that they gritted their teeth but had to swallow it. Every announcement issued by Hutchison Whampoa was like a slap in the face.

Finally, after evaluation and calculation, Lei Yunrong spent a total of HK$860 million to acquire the asset divided by Hutchison Whampoa.
To be continued...