Section 176 Acquisition of Japanese Enterprises
Chapter 176: Acquisition of Japanese Enterprises
Buffett always has a bunch of friends wherever he goes. Li Cong waited in his room for half an hour before the old man came back with a red face. It looked like he had drank a lot. In fact, the bosses outside
His net worth is not small, but it is far behind compared to people like Buffett.
"How's it going, Mr. Buffett, are you satisfied with tonight?" This guy was still drunk when the waiter was supporting him. As soon as the waiter went out, he sobered up. Li Cong was stunned for a while, this guy is not
It's just that he's good at stock trading, and he's not an ordinary person in acting or anything like that. Maybe he can have a different world if he goes to Hollywood to develop his career.
"Very good. You Chinese people are really so hospitable. There are so many ways to drink. We drank in person and deepened it several times. In the end, there was a wine called "Menqian Cup". How many years has it been?
I drank the most tonight, but your two daughters are really a pair of angels." It can be seen that Buffett also likes his daughters very much, but Americans are not as particular as Chinese people, I don't know.
Do you need to give me a gift or something for your first birthday? It’s no wonder, their 200 years of history cannot be compared with our 5,000 years of history.
Li Cong personally made a cup of hangover tea for the old guy. Drinking alcohol at this time was obviously not an option.
"Alas, you Chinese have ruined this tea. I have been to Japan, and no one there would ruin the good tea with this kind of glass." Buffett said thoughtfully, and Li Cong wondered about this American
How do people understand the word "waste"? It seems that this guy has really studied Chinese culture.
"I don't understand this. The Japanese tea ceremony and the like are child's play compared to our Chinese ones. They are just messing around. In fact, they have not learned any essence. They have learned a little bit and only know a little about it, so they can show off to you Americans.
Well, we Chinese all know what modesty is." Faced with such a problem, Li Cong could not give in. It was related to the dignity of his country. How could he let the little devil climb on his head?
"Haha, you Chinese people will not bow your head when you encounter some problems related to the Japanese. I am afraid this is a common problem among all Chinese people I have met. Your two countries are really feuding." Buffett
I said thoughtfully, indeed, a non-Chinese person would not understand all this.
"Haha, as long as you are a Chinese, you will have the same thoughts as me about this matter. Now people in our society think that Japan is our friendly neighbor, but I don't think so. I think sooner or later, this nation will have to be in this country
The world has been wiped out. In fact, this time you blocked the Japanese yen, let alone success. Even if you failed and caused certain losses to the Japanese, I would not be stingy with the money." Li Cong's words made Buffett
Looking at it from a different perspective, after all, there are not many people who can spend tens of billions to fulfill their own wishes. Based on this alone, he will choose Li Cong as a partner.
"Speaking of Japan's economic crisis, I estimate that it will take at least five years to return to the pre-crisis level. These are promissory notes from Citibank and UBS, one for 25 billion and one for 30 billion. This is
However, I have a bigger plan to tell you first so that you don’t spend all the money." After saying that, Buffett took a sip of tea and put down the cup when he saw Li Cong’s longing eyes.
It's too late. Li Cong is a real person. It's better to be straightforward than to play tricks with him. After several contacts with Buffett, he also knows that Li Cong likes to be direct and doesn't like to turn around. "The stocks of major Japanese groups are all the same."
It is very beneficial to buy at this time when it is plummeting. It is very helpful for us to grasp the economic lifeline of Japan. Among them are Panasonic, Sony and other brands that you Chinese like. As far as I know, you are building a large-scale enterprise in China.
As a home appliance chain store, if you win these two brands, it will be very beneficial to you, and if the boss of a well-known Japanese company becomes a Chinese, or an angry youth like you, wouldn't it be a very happy thing?
Is that so?" Buffett said with a malicious smile. He was such an old fox. He couldn't refuse anything Li Cong said, and he made himself feel very comfortable accepting it.
"Mr. Buffett, I really don't know how to answer you. You asked a question that you already know the answer to. Please tell me briefly. In fact, I am very, very interested in being the boss of a Japanese company. Qian
Don't let me down." Li Cong said, his inner joy already showing.
"Of course, when have I ever let you down? Since we cooperated, although my charges have been a little higher, you can definitely get good benefits. For Japan, we have to target the six major consortiums, because they are the most powerful.
It is possible to return to the pre-crisis level within five years, or even double. The six major consortiums have made a huge contribution in resisting the invasion of state speculators, but their profits have also turned into a pile of waste paper, so now
The six major consortiums in Japan are strong on the outside and cadre on the inside. As long as we fight back in the stock market, we can acquire a large amount of their assets at a very low price. After the economy recovers, we can continue to operate or sell them to make a profit. I don’t know.
Which companies do you want to acquire?" Buffett may have felt that he was always talking, but Li Cong didn't say anything, so he asked.
"Me?" Li never thought that Buffett would ask this. What he meant by this question is that Japanese companies are just for the sake of fish and meat, and I am for the sake of the sword. This is incredible. Is it possible that he has become so arrogant?
Li Cong is a serious businessman and naturally does not understand the major groups in Buffett's eyes. Buffett is best at acquisitions and counter-acquisitions. As long as he has enough profits, he can launch acquisition wars for all companies, and he can guarantee success.
, so in his eyes there is no problem with any brand, let alone Japan after the financial tsunami.
"There are quite a few companies that I want. Look at the Japanese companies that are showing off their power in China one after another. I think instead of acquiring multiple brands, it would be better to concentrate on acquiring one company in an all-round way, such as the Sony you just mentioned.
Panasonic." Li Cong asked tentatively, these two major groups are not "small groups" like Taiwan's Wang Consortium.
Buffett frowned. It seemed that the Chinese boss didn't understand these acquisitions at all. No wonder, if Li Cong understood, how could he fully control the energy group? You have to know that it has reached the scale of the energy group.
Whether the entire company is still in the hands of one person, the group is unique in the entire world.
"Li, you must understand that these groups are Japan's leading companies. You Chinese are patriotic, and the Japanese love their national companies very much. We cannot completely acquire a group, even if it is any one, we can only acquire
Part of the shares, and it is impossible to control the majority. I estimate that the Japanese will not lose to any of our groups even if they try their best. I think it is better for you to take a look at my suggestions. The consortium we acquired includes Mitsubishi and Mitsui.
, there are dozens of companies under the six major consortiums such as Sumitomo, Fuji, Sanwa, and Daiichi Bank. The brands I think you know include Fujitsu, Toshiba, Sanwa Bank, Hitachi Group, Panasonic Group, Mitsubishi Heavy Industries, etc. My
The subordinates calculated that we can use 10 billion U.S. dollars to purchase 30 billion U.S. dollars of stocks first, which is almost like robbing money." After hearing Buffett's words, Li Cong blushed, but he was ignored by such a top investor.
Criticism is okay.
"Then let's follow your plan. How do I need to cooperate?" Let's not talk nonsense about things we don't understand. This old guy is still trustworthy in this regard. "Also, can I ask some people from my company to
Go and learn from you. You know I'm a novice. How can I always go to you to buy some stocks or something?" Li Cong said shamelessly. You know, going to Berkshire Hathaway Group to learn is the best way.
He wanted to take advantage of others, but Buffett didn't say anything on the surface, so he couldn't offend Li Cong for such a thing.
"We will talk about training your staff later. After I go back, I will transfer a small team to you. It can definitely handle the acquisition of billions of yuan. And I have seen the acquisition case done by your subordinate Jiang Qinglan, and it is quite good.
It may be a bit naive internationally, but it's completely fine in mainland China." Listening to Buffett's various ways of belittling China's economic control capabilities, Li Cong looked disdainful, "Let's continue talking about our acquisition case, we can't
If you go to war, the funds used cannot be too large. The entire acquisition will last about two months, and the total amount will not exceed 100 billion US dollars. You and I will each get 50 billion. After the acquisition is completed, I will get 52%, and you will get 100.
Chapter completed!