Chapter 770: Scorched
During the period that began in mid-January, Yin Jun paid the most attention to the negotiations with Goldman Sachs.
At first, he only thought about letting Goldman Sachs buy Lianyi Films, and when he straightened out Lianyi, two or three years later, he would try to plot Disney.
Unexpectedly, Goldman Sachs wanted to go crazy for money, and as soon as he came up, he recommended the packaging combination of Lianyi and Disney to himself.
Although Yin Jun refused at the beginning, he was actually happy in his heart, and if he didn't have enough self-control, he couldn't wait to agree on the spot.
It's a pity that the boy didn't know that in fact, Goldman Sachs only went to seriously investigate Disney, and had not yet negotiated with Disney, so he first came to get Yin Jun's purchase intention here, and then forced Disney to sell his shares.
Since Goldman Sachs has this plan, it certainly wants to actively promote it.
These days, Li White, the general manager of Goldman Sachs Greater China, calls Yin Jun every day to tell him how good the acquisition of these two companies is and how much impact it will have on his global film strategy.
At the suggestion of the Wall Street headquarters, Li White also gave a lot of preferential conditions.
For example, if you pay in installments, you only need to pay $200 million at the beginning, and you can pay off the rest within a year.
If Yin Jun asks them for a loan from Goldman Sachs, then the terms will be more favorable, and the entire financial plan has been made into a 20-page brief introduction, the main content is that Yin Jun can have a 10-year repayment period, and he can choose the time and amount of repayment at will, Goldman Sachs can as long as Yin Jun uses Kirin culture as collateral.
At first glance, Goldman Sachs' loan policy is very favorable, but Yin Jun, who is familiar with them, knows that if it comes to a formal contract, there are so many pitfalls in it that it makes people's scalp tingle.
If it is an ordinary person with slightly inferior ability, I am afraid that he is making a wedding dress for Goldman Sachs, and in the end he cheapens them.
Although Yin Jun was sure that he would do a good job of Lianyi Film Company and Disney, he still decided not to cooperate with Goldman Sachs in finance.
When it comes to the intelligence of his mind, Yin Jun may not even be able to compare with the smart people in Xiangjiang, let alone a place where top IQ and EQ people like Goldman Sachs gather, and they don't know if they are played to death.
Moreover, Goldman Sachs is too far away from Huaguo and Xiangjiang, and its importance to Yin Jun is far less important than that of HSBC.
In the place of Xiangjiang, HSBC unceremoniously said that it is the emperor of Xiangjiang, who can influence many things in the Hong Kong government.
For at least a decade, Yin Jun needs the help and support of HSBC.
What can be done to get HSBC to support Yin Jun?
It's easy!
You have a lot of business dealings with them, and you have a cooperation of tens of billions of Hong Kong dollars, do you think HSBC will pay attention to you and try to solve some difficulties for you?
As a result, Yin Jun rejected Goldman Sachs' proposed financial loan services, but gradually changed his attitude under their persuasion.
In this, Claudi also spent a lot of thought, personally called Yin Jun to say the item, and patted his chest to promise that he would be able to give Yin Jun a good price and give them full help when the Kirin Group entered Hollywood.
These people think they are very smart, thinking that the Orientals have huge ambitions to conquer Hollywood and conquer the United States, so they always come from here to stir up Yin Jun's desire to buy x.
As everyone knows, Yin Jun's changes are all shown to them.
Goldman Sachs took the package price of $3.8 billion for the first time - together with the service fees given to Goldman Sachs by the two companies, this price was directly rejected by Yin Jun, and the counteroffer was a combined package price of $2 billion.
Yin Jun was so harsh, Goldman Sachs not only did not get angry, but became happy.
They are not afraid of Yin Jun's harsh negotiations, but they are afraid that Yin Jun is unwilling to talk.
As long as Yin Jun is willing to talk, then it will eventually fall into their rhythm and mastery.
In recent days, everyone has been repeatedly discussing and negotiating prices.
There is no problem with United Arts Film Company, and the price of about $400 million, whether it is Yin Jun or Goldman Sachs, they all agree.
The key is to put on top of Disney's.
Disney is no longer the powerful animation company that swept all its rivals twenty or thirty years ago, and now it is already at sunset, and it is no longer as brave as it used to be.
According to the information collected by Yin Jun, Disney, which is listed on the New York Stock Exchange, has a market value of about $1.5 billion, but there is no way to acquire all the shares at this price.
But at the same time, because of its excessive debt, $2 billion is almost enough to buy.
In fact, the acquisition of Disney at this price is also relatively loss-making, because Disney's actual assets are about $2.2 billion now, but they still have about $1 billion in external debts, which means that their net worth is only $1.2 billion.
Acquired a company with only 1.2 billion net assets at a price of 2 billion US dollars, and then the debt of 1 billion US dollars was also borne by Yin Jun, no matter how you calculate it, Yin Jun is kind.
But Goldman Sachs doesn't think so.
Although Disney is now down, it is definitely a company that was once noble, not to mention anything else, their super Disney resort of more than 120 square kilometers alone can be worth more than 500 million US dollars, and it also has relatively strong operational capabilities.
Also, Disney's animation production team is still the best in the world, and Yin Jun has the best comic company in the world, and the combination of the two is even more powerful.
Therefore, Yin Jun should have an urgent need in this regard, and should be able to accept some price changes.
After all, everyone knows that if you forcibly buy a company that is functioning normally, it will definitely not be too cheap.
The $3 billion price given by Goldman Sachs to buy Disney is certainly not their bottom line.
Under the step-by-step discussion and bargaining, Goldman Sachs has reduced the packaging price from 3.8 billion to 3.2 billion, but Yin Jun still did not let go.
The price on Yin Jun's side has now increased to 2.6 billion US dollars, but the gap between the two sides is still 600 million.
First, Yin Jun can only borrow 2.5 billion US dollars in HSBC and Heung Kong Commercial Bank, although he can still have a margin of hundreds of millions of US dollars to dismantle some, but who doesn't want to spend less money and do more?
Moreover, Yin Jun knows Goldman Sachs' methods, and he is sure that if it is $2.6 billion in transactions several times, $2.2 billion can fall into the hands of the two companies, which is already good, and the rest is eaten by Goldman Sachs' greedy partners.
I don't make money from the wind, so why should I let you earn so much?
Besides, even if Goldman Sachs makes so much money, you will not have any gratitude to me, but think that I am weak and deceitful.
On the contrary, it was the business that did well, and then developed Lianyi and Disney even better than anyone imagined, which won the respect of Goldman Sachs.
Respect for the strong.
They only respect the strong.
By now, the amount of money that Goldman Sachs has conceded is very small.
In the past, it was tens of millions of refunds, but now it is up to 5 million or 6 million.
Yin Jun was impatient with this protracted business negotiation and had already given Li White an ultimatum.
If they can't come up with a price that satisfies them, then the business itself will not be negotiated with them, and it will be replaced by Le Yiling, the CEO of Kirin Group.
Li White has been in Xiangjiang for so many years, but it is not so much that he is familiar with Yin Jun, but that in the Kirin Group, he is most familiar with the decisive Le Yiling!
In the business community of Xiangjiang, there is no one who does not admire Le Yiling's vigorous and serious and demanding.
Especially when she is conducting various business negotiations, even many veterans can't take advantage of her.
Hearing that it would be Le Yiling to talk next, Li White immediately discussed it with Claudi.
Yin Jun does not seem to be the controller of a group, but rather a pioneering inventor.
Therefore, Disney's fat meat, even if many places are out of place, Yin Jun likes it very much and is willing to spend more than a billion dollars for this sluggish company.
Cola Yiling is not an ideal, she is a very realistic company mastermind.
In the eyes of this kind of person, any feelings and ideals are not a big deal, and there is no need to spend a lot of money to take risks.
If you want to say that the Kirin Group has assets of 80 billion Hong Kong dollars, it is not a big problem to spend 10 or 20 billion to buy a company that Yin Jun likes.
The key is that now Kirin Group only has a valuation of almost 5 billion Hong Kong dollars, but it wants to buy two companies that add up to more than 10 billion Hong Kong dollars.
On the other hand, if you don't buy these two companies, it won't have much impact on the development trajectory of Kirin culture.
As long as they do a good job in TV stations, comic weeklies and derivative products, then Kirin Group will truly become a cultural and entertainment company with a market value of more than 100 billion yuan in ten years at most.
Isn't that enough?
Why take such a big risk when you have an unstable foothold?
Others may have such questions, but they may not dare to ask Yin Jun.
Because he's the boss.
But Le Yiling dared to ask 100%, and she still had the courage and ability to stop this acquisition plan.
Don't ask if it's a joke so much, anyway, everyone in Xiangjiang knows that Le Yiling is not Yin Jun's woman, but she is Yin Jun's sister, at least she can help him be half of the family!
With his emphasis on Colotti, Colaudi finally took another step back.
"$3 billion! $1 billion after signing the contract, $1 billion after the successful transfer of ownership of the company, and the remaining $1 billion after the second payment. …… Tell Mr. Yin Jun that this is our bottom line, and there is no way to back down. ”
When Yin Jun relayed this passage to Le Yiling, Le Yiling listened with a sneer.
"The bottom line? Believe in the bottom line of the United States and the Guoyan, that is an idiot! Their bottom line is that there is no bottom line! Leave it to me! I will let them know that the money of our Xiangjiang people is not so easy to earn!!"
Sister Le said to the young man with confidence.
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