That night, Li Dong showed his power.
Yuan Xue, who tasted the forbidden fruit for the first time, slept until noon the next day and opened her eyes in a daze.
Looking at the strange ceiling, Yuan Xue woke up in an instant.
The scenes from last night flashed clearly in his mind.
Yuan Xue's face changed and turned to look at her side.
There was no one next to her. Yuan Xue's face changed.
After a while, the bathroom door was opened and Li Dong came out in a bath towel.
Seeing Yuan Xue awake, Li Dong smiled and said, "You're awake? Are you hungry? I asked the hotel to make some meat porridge. It will be ready in a while. "
Yuan Xue was relieved to see him, but she thought of the guy who forced himself on her last night. Suddenly, her face darkened and she said, "You haven't left yet!"
Li Dong said quickly, "How can I? You can't move around. I have to stay and take care of you."
"Hypocrite!"
Yuan Xue snorted and didn't bother with him anymore.
She knew what happened last night. She didn't drink.
They were already in bed and she agreed to it. It was meaningless to be pretentious at this time.
Yuan Xue frowned when she thought of the discomfort of wearing clothes.
Li Dong hurried forward and said, "Lie down for a while and get up after eating."
"What time is it?"
"A little after 12."
"Help me get my clothes," Yuan Xue ordered Li Dong when she heard that it was already afternoon and her clothes were scattered all over the floor.
Li Dong saw that she insisted, so he helped her get her clothes.
Yuan Xue was about to put on her clothes, but she looked at him and said, "Go to the bathroom. I'll put on my clothes!"
Li Dong laughed dryly and said, "There's no need. We're both like this …"
After he said that, he prepared to leave. In the end, Yuan Xue did not chase him away. She minded her own business and put on her clothes.
Looking at the half-naked beauty in front of him, Li Dong felt thirsty.
However, Li Dong was just thinking about it. Last night, Yuan Xue had been tormented quite badly. If he did it again, she might not be able to take it.
…
She put on her clothes and simply washed up.
Yuan Xue didn't talk to Li Dong. She picked up her bag and was about to leave.
Li Dong quickly stopped her and said, "Where are you going?"
Yuan Xue frowned and said, "To the company? It's already afternoon."
"Why are you still going to the company? It's not like I can't afford you. Take a few days off, quit your job, and come back to Jiangbei with me …"
Before he finished speaking, Yuan Xue stared at him and said, "Li Dong, don't think that I'll be with you for the rest of my life just because you slept with me. I'm not your vassal, and I don't need you to support me. "
Li Dong quickly explained, "I didn't mean that."
"Whether it is or not, don't think too much about it!" Yuan Xue snorted and said, "Last night was just me venting my desire. Anyway, I paid for the room. So, we're even now."
Li Dong's mouth twitched. You're still saying you're paying for me?
Besides, you're a virgin. How can you pay for me?
Just as he was about to speak, Yuan Xue continued, "Don't say anything. Let me calm down first. Don't look for me for a few days. I haven't figured out some things yet. I'll contact you when I figure it out."
Li Dong pondered for a while and said, "You won't be avoiding me again, will you?"
Yuan Xue glanced at him and said, "You're so powerful now. Can I hide from you?"
Without giving him a chance to speak, Yuan Xue walked straight out.
Li Dong quickly followed her.
After leaving the hotel, Yuan Xue stopped a taxi. Li Dong wanted to get in the car, but Yuan Xue turned around and said, "Don't follow me. I'm not that weak. I said that I want to calm down now. I'm annoyed if you follow me. "
Li Dong looked embarrassed. Seeing her firm attitude, he thought for a while and said, "I'm staying in Room 3608 of the Four Seasons Hotel. I'll be in Shanghai for a few days. My phone number is still the same. Remember to call me. By the way, you changed your number. What's your number now? Also, go back and take a few days off. I'll go see you after I'm done with the things at hand … "
While Li Dong was talking, Yuan Xue had already got in the car. When he finished speaking, Yuan Xue said, "Got it." Then she left.
Seeing her walk away freely, Li Dong was in a dilemma.
He had originally thought that she would cry, throw a tantrum, or even threaten to hang herself or something like that. At the very least, Yuan Xue would definitely talk about Qin Yuhan.
However, Yuan Xue didn't say anything. She was calmer than Li Dong, which made Li Dong feel hurt.
Just when he was in a dilemma, Tan Yong appeared behind him without anyone noticing and said in a low voice, "Director Li, I've inquired about Miss Yuan's address. In addition, President Chen and Secretary Bai called in the morning. They said that Carrefour's plan is out. "
Li Dong nodded slightly. He watched the taxi disappear before his eyes before saying, "Let's go back and finish what we have to do first."
"Okay."
…
On the 8th of May.
Li Dong and Du Lan met again.
They talked about the acquisition in general, but they didn't talk about the details.
Du Lan was a businessman. A businessman wouldn't make a wrong choice because of a moment of anger. He didn't refuse to negotiate with Far away just because Li Dong made trouble last time.
Du Lan was happy to see that Far Away was involved in this acquisition.
However, Du Lan also made a request. Carrefour would only accept the whole acquisition plan.
In other words, Carrefour would be sold as a whole. Li Dong's previous plan to buy some stores would be completely aborted.
If he wanted to buy Carrefour, he must include the stores that overlapped with Far Away's.
Carrefour wasn't stupid. If he let him pick and choose, he would let him pick and choose the stores with good locations. What about the rest?
Either they didn't talk, or they had to talk together.
This was the basic request. Only by agreeing to the basic request could there be the next step. Otherwise, Far Away could directly withdraw.
After talking with Du Lan, Li Dong left Carrefour's headquarters.
In the car, Li Dong rubbed his temples and asked Chen Lang, "Mr. Chen, can you give me an estimate? If Carrefour is sold as a whole, how much would it be valued at?"
Chen Lang was the famous king of mergers and acquisitions in the industry. He knew more about valuations than Li Dong and the rest.
Li Dong had made an estimate with Sun Tao and the rest in Pingchuan. But at that time, Li Dong only thought that 80 stores would be enough.
The total value was around 8 billion, but that was Li Dong and the rest's estimate.
If they really wanted to talk, they would need to find a professional organization to evaluate it.
For such a large acquisition, both parties would hire a third-party organization to evaluate it.
Chen Lang didn't panic when Li Dong asked. Before Li Dong came to Shanghai, Chen Lang had already made a proposal.
After organizing his words, Chen Lang slowly said, "Such a large-scale retail acquisition has happened in China before.
Last year, when Wal-Mart acquired Trust-Mart, it was similar to what we're doing now.
At that time, Trust-Mart was valued at 8.5 billion RMB.
At that time, Trust-Mart's annual sales were 13.2 billion RMB. Ordinary evaluation organizations would use three methods to evaluate it.
Market value method, income method, and discounted cash flow method.
The discounted cash flow method is the simplest. It uses a series of data such as annual sales, annual sales growth rate, sales profit rate, income tax rate, fixed asset growth rate, etc.
Let's use this method for the time being. Last year, Carrefour's annual sales were 29.6 billion RMB with an annual growth rate of 12.5% and a sales profit rate of 15% … "
Chen Lang listed out a bunch of data. Although Li Dong felt a headache listening to it, he didn't interrupt.
There were some things that he had to understand.
Furthermore, Chen Lang was only giving a brief description. It was good to have a rough idea.
After a while, Chen Lang said, "If we use this method to evaluate Carrefour's current value is 16 billion RMB."
Li Dong frowned. "It can't be that high, right?"
Chen Lang smiled. "General Manager Li, don't be anxious. I've said it before. This is Carrefour in the past. It's different now. Furthermore, we don't need Carrefour's brand this time. Also, Carrefour has been in Hua Xia for 13 years. Many of the store leases are about to expire. At this time, the value will drop significantly. Excluding these factors, the estimated value should be around 12 billion RMB. "
"12 billion RMB!"
Li Dong was having a headache. Previously, when he said 8 billion RMB, everyone felt that it was impossible, let alone 12 billion RMB.
Although Chen Lang's valuation was not the value given by a professional organization, Chen Lang had done many mergers and acquisitions. Even if there was a difference, it shouldn't be too big.
12 billion RMB was too much, and Li Dong couldn't accept it.
Not to mention him, there were probably not many companies in the country who could accept it.
Other than Tesco and China Resources, it was almost impossible for Yintai and Bailian to fork out 10 billion RMB among the five shortlisted companies.
Of course, it was the same for Far away. They definitely couldn't fork out more than 10 billion RMB.
Unless Li Dong was willing to throw in all his money from the stock market, otherwise, it wouldn't be enough.
Seeing Li Dong frowning, Chen Lang smiled and said, "But General Manager Li, you don't have to worry. Even if it's really worth so much, the money won't be taken out in one go.
We can refer to Wal-Mart's acquisition of Trust-Mart. We'll first acquire about 30% of Carrefour's shares.
As for the remaining 70%, we can operate it for three years, and we'll see the performance before deciding whether to acquire it all or withdraw from it.
I think Carrefour will agree to this. It's the safest and the lowest risk for a large-scale acquisition plan.
Of course, we can also adopt a joint venture plan, but let's not discuss it now.
If it's just to acquire 30% of the shares, we can pay 3.6 billion RMB in cash in one installment, or even less. "
Li Dong was also aware of this, but Li Dong rarely used this plan.
Far away's acquisitions in the past were all big moves, and they would directly acquire all of the shares.
It wasn't that Li Dong had too much money to spend, but it was mainly because it was easy to integrate resources and quickly form a fighting force.
However, according to Wal-Mart's situation with Trust-Mart, Far away would only acquire a portion of the shares, which would be equivalent to a joint venture. Moreover, it would also give Carrefour a chance to make a comeback.
Also, it would not be easy to integrate resources Far away. In short, it would be very troublesome.
Of course, Far away's risk would be much lower this way.
But in fact, for Li Dong, he knew better than anyone else whether it was a risk or not.
If they really operated for three years, it would be too late to integrate by then.
It would take 11 years to integrate Carrefour's stores. Good lord, they had just emerged, and the impact of e-commerce had already arrived. Li Dong would be depressed to death.
Slightly exhaling, Li Dong said, "It's not time to discuss the proposal yet. How about this, we submit the proposal to Carrefour first. Also, find a third party to evaluate it, and also see how much Carrefour's own valuation is. "
Chen Lang replied, "Okay, I'll arrange it immediately. As for the third party, find UBS Investment Bank. The valuation from Switzerland is more fair and accurate. Oh yeah, General Manager Li, when are you returning to Jiangbei? "
"Just for a few days, I'll leave this place to you for the time being."
Mergers and acquisitions were not something that could be done in a day or two. Just the preliminary review and evaluation of the proposal would take at least a month.
When it came to money, it would probably have to wait until the second half of the year.
Right now, Li Dong had a lot of things on hand, and it was almost May 12th.
Without him in Jiangbei, Li Dong would not be at ease.
Before the 12th, he must return to Jiangbei.
Then, Li Dong thought of Yuan Xue. This woman had not called him since she went back, and he did not know what she was thinking.
If she did not come, he must go and see her before he left.
Time was running out, and at this time, Li Dong could not care about letting her calm down.
With this in mind, the car stopped in front of the hotel.
As soon as Li Dong got out of the car, Bai Su hurriedly went up and said, "General Manager Li, CEO Yuan just called."
Hearing that it was Yuan Chengdao, Li Dong immediately asked, "What's the matter?"
"Taobao just released a message."
Li Dong had a headache and said, "What trouble did Ma Yun come up with again?"
Right now, he really had a lot of things to do, and he could not spare much energy to fight with Ma Yun for a while.
According to Li Dong's idea, it was fine to live a peaceful life at present.
The real explosion of Far Away Mall had to wait for the mobile client era.
However, he did not want to fight now, but it did not mean that Ma Yun would be at ease.
Seeing that he had a headache, Bai Su could not help but smile, but she did not dare to show it. Bai Su quickly reported, "Taobao just released an announcement that Taobao will build a 'Taobao City' in the second half of the year, which is positioned as a large-scale online shopping center, with an investment of up to 1.5 billion. At present, it seems that an agreement has been signed with the Lin 'an government. In addition, at the same time as' Taobao City ', Ali's mother and Taobao will officially merge, and build it into the world's largest e-commerce ecosystem. "
Li Dong did not care about the matter of Taobao City, but when he heard that Ali's mother wanted to merge with Taobao, Li Dong could not help but be distracted.
This was going to take the route of big data. Ma Yun really had a sharp eye.
Perhaps it would not be long before Ali's cloud came out.
The future Internet was inseparable from big data. Before Li Dong's side was ready, Taobao's side was one step ahead.
Li Dong breathed a sigh of relief. This was also something that could not be helped.
Some things were not useful just because they were prophetic. At least compared with Taobao, the foundation of Far Away's technology was still too weak.
Now they had not even built their own data center, let alone cloud computing.
Fortunately, Baidu was willing to provide some technical and talent support for the last Weibo financing. At that time, he would see if he could get something good from Baidu.
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