Cheng Gang took a deep breath. "Alright. Let's talk business. What business does General Manager Li want to talk to me about?"
"Gome."
Cheng Gang was not surprised that Li Dong went straight to the point.
His interaction with Li Dong was the retail business.
Huarun and Far away had already cooperated. Although He Ming was the CEO of Bailian Group, Bailian Group did not have full control over the company.
These things needed time to develop, and could not be changed overnight.
The only thing Cheng Gang could talk about was Gome.
Cheng Gang knew that Li Dong wanted to invest in Gome.
After Li Dong finished, Cheng Gang continued. "Fukang supports Far away to enter Gome. Fukang has no objections to the next board meeting."
Li Dong smiled. "Not enough! I can still enter without Fukang. The Huang Family has no objections, and the investment banks have no objections. Even if Fukang opposes, it will be useless. At most, it can only be considered as icing on the cake. "
Cheng Gang already knew that Li Dong would not be satisfied with this. He thought for a while and said, "In the future, Fukang will follow Yuanfang during the board meeting and shareholders' meeting."
Li Dong must have a seat in Gome, and it was necessary for him to send an executive director.
Fukang's support for Far away had won a seat for Li Dong.
Fukang did not agree to reduce its shares, and it had a total of 16% of Gome's shares.
With such a shareholding ratio, Feng Yu had the right to speak.
The significance of Cheng Gang's promise was quite significant.
However, Li Dong did not want this.
A promise was just a promise, and it was still someone else's opinion. Who can guarantee that the promise would be effective?
After Cheng Gang finished his words, Li Dong smiled. "I know Fukang's motive for holding shares in Gome.
I also know about your discussion with the investment institutions.
Recently, someone is buying Gome's convertible bonds in the bond market. I also know about this.
The idea of hitting on Gome had already failed.
Far away, didn't Chief Cheng understand what it meant?
Do you think I spent money and effort to enter the market to work for you or for the Huang Corporation?
Today's deal, Fukang's Gome shares will be transferred to me. "
Cheng Gang's body stiffened slightly, and a trace of unwillingness and shock flashed through his eyes. After a while, he said, "You want to control Gome?"
Li Dong smiled and said disapprovingly, "You don't have to worry about that, Director Cheng."
Cheng Gang took a deep breath. After a long time, he said, "Actually, I already knew that some of the plans had failed when you were about to enter the arena. But Li Dong, don't you think your appetite is too big? "
"Is it big?"
Li Dong had a surprised expression on his face as he asked curiously, "When doing business, of course it's better to make it bigger. Don't tell me it's better to make it smaller?
If that's the case, why would Chief Cheng put in so much effort to do something that seems to you like to have a big appetite?
My actions are in line with Far away's goals and position. On the other hand, I don't understand what you are doing.
Do you really think that you can control the entire retail industry after taking over Gome?
Not to mention the existence of Far away, do you really think that Bailian and Huarun will listen to you?
Also, when you are negotiating with foreign companies, their purpose is to make money and not to run the company.
In the end, they will cash out and run away. Can Gome really hold on?
Your purpose is not for Gome, nor is it for the company. Gome is just a tool in your hands. Instead of that, why don't I do it?
Chief Cheng, do you think that you still have a chance to succeed? "
Cheng Gang kept quiet for a while before replying. "Fukang spent 3.2 billion to acquire these shares."
This was considered a compromise. Li Dong was right. His entry into the arena had already failed some of his plans.
The Huang Family, Li Dong, and Li Dong will surely be biased towards Li Dong's investment institutions after Li Dong entered the arena. They had no more hope.
Capital institutions also look at people.
They believe in Old Huang, and they believe in Old Huang.
Old Huang is gone, and Li Dong entered the arena. Will the investment institutions think that Li Dong is not as good as Old Huang?
Li Dong was known as the Golden Touch, and many people trusted him in the capital market.
Most of Gome's shares were in the hands of investment institutions.
In fact, a large portion of the circulating shares in the secondary market were in the hands of capital institutions.
If he were to calculate, it would be more than 51%. In this case, Fukang and Euphoria's hope of controlling Gome would be dashed.
Since that was the case, Cheng Gang was not someone who did not know what to do.
If he continued to hold the shares, he would have to bear the pressure from Far away and the Huang Family. In addition to the large amount of funds held back, it was hard to say what would happen to Gome, and the profits would be limited.
"3.2 billion?"
Li Dong chuckled. "Du Juan and I had talked about 8% of the shares, and I gave her 1.5 billion. Du Juan was very grateful. Now, General Cheng, you want to double it? Do you think I run a bank? "
"1.5 billion!"
Just like Du Juan, Cheng Gang was shocked and furious!
Fukang entered the market with real money, and he did not lie about the 3.2 billion.
Now, Li Dong offered 1.5 billion. Clearly, he had ulterior motives!
Cheng Gang could no longer hold it in. He stood up abruptly and placed both hands on the table. He looked at Li Dong and said angrily, "General Manager Li, there are some things that you and I both know! I can take a step back, but I will not take such a step back! "
Li Dong frowned and pressed his hands together. "General Cheng, why are you so anxious? Is it strange that there are profits and losses in business?
Although Gome's shares are suspended, don't you know the situation before it was suspended?
At this time, Gome is suffering heavy losses, and its value has plummeted. Do you want me to pay for the failure of your investment?
Also, Gome has 4.6 billion worth of convertible bonds.
If I buy these bonds, according to Gome's current situation and the previous agreement, I will convert all of these 4.6 billion bonds.
I'm afraid I can get 20% of Gome's shares after the dilution.
Based on this calculation, your shares will be diluted to less than 8%.
Are you still not satisfied with my 1.5 billion? "
Cheng Gang gritted his teeth. "General Manager Li, you can't calculate it like this! Also, do you think you can get those convertible bonds so easily? Not to mention 4.6 billion, you can't even get 1.6 billion! Also, we have an agreement before. Even if we convert the bonds, we can't get so much. "
Li Dong sneered. "Must we abide by the agreement?
If I buy the bonds and don't convert them, can Gome really take out 5 billion when it matures?
At that time, the agreement is just a piece of waste paper!
General Cheng, we don't have to worry about this. Fukang's investment this time has suffered losses, and anyone can see it.
After Gome resumes trading, the share price might fall to the bottom. What do you think?
I will not enter the market now and continue to suppress Gome. At that time, I'm afraid you will have to sell it even if it's 1 billion!
I gave 1.5 billion because I don't want to take advantage of you, and I don't want to be criticized!
But if General Cheng is not satisfied, then there's nothing to talk about! "
Cheng Gang gritted his teeth. Yes, what Li Dong said was right.
Li Dong was not the cause of Fukang's losses. But if it wasn't for Li Dong, they might still have a chance to recover after taking over Gome.
Even if they want to sell, they must wait for Gome's situation to improve.
Now, Gome is at its lowest point. 1.5 billion is not a small amount, but will anyone sell it at this time?
Li Dong is bullying them by talking about a deal at this time.
But can he not accept it?
But once he accepts it, it will be a huge loss. A huge avalanche!
Previously, when Fukang entered the market, the amount they paid was more than 1.5 billion. Who would be willing to sell it at the lowest point?
Seeing the anger on his face, Li Dong sneered, "General Cheng, I've already said it. Think about it carefully before you speak. 1.5 billion. I won't take your money, and you also don't take mine. It's a fair deal. You and I are willing. If you're not willing, then just pretend that I didn't say anything. "
Cheng Gang took a deep breath. After a long time, he said, "2 billion. Otherwise, even if I agree, Fukang will not agree. Fukang doesn't belong to me alone. "
Cheng Gang didn't lie. Fukang doesn't belong to him alone.
Even if he represents the Cheng Family and Fukang is the Cheng Family's business, it doesn't mean that he can make a decision on his own.
Moreover, it's such a big deal!
A huge loss!
With such a huge loss, there will be many people who oppose it.
Li Dong shook his head, "Impossible. Why don't you try to sell it yourself? If you really sell it for 2 billion, then just pretend that I didn't say anything. I don't care how much you sell it for.
The market is like this. At this time, who would do such a stupid thing to ask someone to take over Gome at a premium of 25%?
I'm already doing you a favor by not asking you to give me a market discount.
General Cheng, the loss of Gome isn't caused by me. I'll repeat it again.
This is the failure of your investment. If you withdraw now, you're also recovering your losses. What reason does Fukang have to refuse?
Don't you know how to cut your own flesh to stop your losses?
Do you think that I'm stupid or do you really think that I have no other choice other than Fukang? "
"1.8 billion!"
Cheng Gang's breathing turned heavy. Some of Li Dong's words weren't wrong, but some of his words were changing the concept.
Yes, those who aren't interested in Gome are fools to pay a premium at this time.
But for someone like Li Dong who wants to control Gome, paying a premium is normal.
It's abnormal to buy at the market price when Gome is at its lowest point.
Also, Gome still has the strength to fight. Unless it suffers another heavy blow, it will not end up like this!
However, Cheng Gang also thought of Li Dong's previous words. If they didn't transfer the shares now, Distance wouldn't enter the market, and continued to work with others to suppress Gome, perhaps in the end, this investment would really be wasted.
Cheng Gang knew how to cut his losses.
But this time, it's too much. The losses are so heavy that he wants to vomit blood.
3.2 billion is the price that they and Gome quoted to the public. In fact, it's slightly less, but the real price is still 3 billion!
It's only been a year, and they have lost so much. If it's Li Dong, he will also feel the pain.
"1.5 billion!"
"General Manager Li!"
"1.5 billion!" Li Dong repeated and narrowed his eyes. "This is the price we agreed on. This is the price.
Either you don't sell the shares, or this is it.
If you think the Huang Group has the capital to buy these shares, you can talk to Du Juan. I won't stop you.
At this time, do you think they can come up with the capital?
Or, you can try with Suning. Zhang Jindong might be interested.
But I have entered the market. If he is not an idiot, he will not choose to enter the market at this time. The Huang Family will also not allow us to enter the market at the same time. Do you understand?
As for the other investment banks or capital institutions, who do you think will be willing to take over?
Bain?
Or someone else?
Let me put it this way. If there are too many foreign investors, I will not enter the market. I will cooperate with Suning and a few other companies to beat Gome to death! "
Cheng Gang panted and said after a long time, "General Manager Li, are all business deals so straightforward? You set a price, and there is no room for negotiation? "
Li Dong chuckled. "More or less. It's not just for you. If you don't believe me, you can ask around.
I have always been straightforward when it comes to business deals.
It doesn't matter if it succeeds or fails.
1.5 billion is not a loss for you. At least for now, you have found someone to take over your shares. This is a good thing. Why do you have to look like I have taken advantage of you?
Even if this deal is spread out, no one will say that I, Li Dong, have taken advantage of you!
Or, if it is someone else, and it is not me, Li Dong, will you be unhappy? "
Li Dong sneered, "The reason why you all feel indignant is because you all think that I, Li Dong, will bring benefits and changes to Gome! But this is my ability, not yours. On one hand, you want me to help you recoup your losses. On the other hand, you think that it is better for me not to take the shares and help you earn money for free. How many of such good things can you introduce to me? "
Cheng Gang was stunned. What Li Dong said had hit the nail on the head.
He was not the only one thinking this way. Du Juan and many others were thinking the same way.
At this time, Gome's value was greatly reduced. The price Li Dong offered was also in line with the market price.
But everyone was thinking that when Li Dong entered the market, Far Away and Gome would be on the same side. At that time, Suning would be the nervous ones.
At that time, there would be no external threats and internal disputes would be settled. Gome would definitely return to how it was before.
With this calculation, everyone felt that they had suffered a huge loss.
Humans were like this. They were self-interested.
If it was beneficial to them, everyone would remember it. If it was disadvantageous to them, everyone would subconsciously forget it.
They did not think that if Li Dong did not enter the market, Far Away, Suning, and the others would continue to squeeze and occupy their market. The situation would become more serious in the future.
Cheng Gang's expression changed. After a while, he said, "1.5 billion is fine, but I have a request …"
Li Dong said calmly, "I know what you want to say. Don't worry, I am not interested in these things. I, Li Dong, have plenty of means and opportunities to threaten whoever I want. Furthermore … "
Li Dong paused for a while and said with a faint smile, "With CEO Cheng's current status, it is not worth it for me to do this, am I right?"
Cheng Gang's expression turned ugly, but he did not refute.
Of course, he was also relieved. It seemed that he could put aside Li Dong for now.
Li Dong did not care about him and continued, "After I have negotiated with Du Juan, we will sign the contract. It will be soon. CEO Cheng, you better be prepared."
As a listed company, the board of directors and major shareholders must be informed about the transfer of 8% of Fukang's shares. They also had to make an announcement to the public.
It was impossible to carry out a secret purchase at this time.
Far Away held more than 5% of the shares. Even if they were to purchase 5% of the shares in the secondary market, they had to make an announcement. This was because 5% was a critical point.
This was also to protect the interests of the original shareholders. At this time, the original shareholders could retaliate.
However, Li Dong did not care. At this time, Gome did not have the money to compete with him.
At that time, even if they fought openly, the Huang Family might not be his match.
Of course, before that, Li Dong still had one more thing to do. That was to receive some convertible bonds.
Before these bonds were converted into shares, there was no need to make an announcement. This was also a hidden trump card.
If Huang Xiaolong took out this sharp knife at the crucial moment, he might be able to deal a fatal blow to the other party.
Cheng Gang did not refute. He knew what Li Dong knew.
Li Dong's plan was considered half-public now, and Cheng Gang knew what he was thinking. First, he wanted to get the public shares from the board of directors.
After that, he wanted to get Fukang's shares. In the bond market, Li Dong would also make a move.
Perhaps, Li Dong might really be able to handle it.
Cheng Gang could not help but look at the young man opposite him. So young!
From his point of view, controlling Gome was a complicated matter. But this guy opposite him was like a butcher dismembering an ox. He was calm and elegant.
The more Cheng Gang interacted with Li Dong, the more annoyed he was.
If it wasn't for Cheng Hui, that bastard, he would not have offended Li Dong.
If they don't offend Li Dong, then this time, buying Fukang's shares wouldn't be them stopping their losses. Instead, they would be doing Li Dong a favor.
Even if he did not agree, he could still ride on Li Dong's coattails and make some money.
Now, he did not get anything, and he had even transferred his shares. He had suffered a huge loss.
If he knew this would happen …
Cheng Gang sighed. There was no medicine for regret in this world. It was useless to talk about it now.
The most important thing now was to deal with Li Dong and Lao Si. As for money, it was fine if he lost it. He could earn it back in the future.
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