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in a few days
A grand celebration reception is underway
"Hahaha Yoshi, cheers for our sincere cooperation."
Mitsui Takacho is a thin, short old man, but his voice is very loud, and his face is rosy after drinking a few glasses of sake.
He said to Wang Yaocheng with a happy expression; "Wang Sang, I think this cooperation is a good start, it will help the Mitsui consortium and the Wang consortium to deepen the complementary cooperation between their companies and establish a partnership at the consortium level. I believe this is a promising future." of."
Wang Yaocheng nodded with a smile and said, "I am also optimistic about this. The business fields involved by the Mitsui Foundation and the Royal Family Fund are highly complementary, and there is a lot to do in this regard."
"Very good!"
There were people coming and going at the reception. As both parties to the shareholding agreement, the presidents of companies such as Shin-Etsu Chemical, Sumitomo Chemical, and Marvel Animation had mixed feelings at the moment.
?From the bottom of their hearts, they have a deep affection for their own company, and treat them like their own children, unwilling to weaken their right to speak in a company that has been working hard for decades.
It's a pity that the big bosses of the consortium are in charge, and what they say doesn't count.
Pan Shiyi looked at Wang Yaocheng not far away with complicated emotions, and sighed sadly while having a drink with the bigwigs of the Mitsui consortium.
He turned his gaze back again, and when he saw Huang Baiming, Senior Vice President of Marvel Animation, approaching, he couldn't help but calm down a little nervously, for fear that the other party would notice something.
"President Pan, I just met Mr. Shinyuki Idei, the CEO of Sony Corporation. He is very happy to take a stake in Marvel Animation. He hopes that Columbia Pictures and Marvel Pictures will strengthen cooperation in various aspects, especially in "Harry Potter" "Series of films, he expressed great interest."
"Hmph, she looks so ugly, but she thinks she's beautiful."
"I think since Sony has become a shareholder, it is inevitable that they will get a share of the pie."
Pan Shiyi knew that what Huang Baiming said was reasonable. After all, Sony was the second largest shareholder of Marvel Animation, and he couldn't stop him from putting his hand on the plate, but he was always upset.
He sneered twice and said;
"Hehe, it's fine to drink some soup and water. If you want to eat meat, I'm afraid you'll think too much. I'm confident that the chairman will not support it."
Huang Baiming frowned and responded; "It's not optimistic, it seems that wrangling is inevitable in the board of directors."
"With their small shares, it's still too early to make waves in the boardroom." Pan Shiyi obviously had deep resentment, staring at the thin and thin Mitsui Gaochang, full of dissatisfaction.
The consortium tycoon Mitsui Takacho was in high spirits, and Kono Yohei next to him was also full of ambitions. He had reason to be happy when he enjoyed the unanimous admiration from the senior Mitsui consortium at the reception.
Wang Yaocheng personally sat in the town, and the negotiation process progressed rapidly.
After several days of intensive and tense negotiations, the two parties finally reached an agreement, and the efficiency has increased by more than a hundred times than usual.
Royal Family Fund paid 8.5% of the shares of Marvel Corporation, worth US$7.82 billion, at a premium of 13.2% to replace the 18.5% shares of Shin-Etsu Chemical held by the Mitsui Consortium, and won 5 seats on the 15-member board of directors of Shin-Etsu Chemical.
At the same time, it also obtained a 20% stake in Sumitomo Chemical, and won 4 seats in the 11-member board of directors, ranking the second largest shareholder of the above two chemical companies.
In this two-for-two mutual shareholding transaction, Shin-Etsu Chemical and Sumitomo Chemical, which have a low total market value, had to take out more equity to match the high-value equity of Marvel Animation.
The Chief Negotiator of the Mitsui Consortium, Yohei Kono, relied on his tenacity and cunning to finally win a preferential condition of 13.2% premium, and won the rights and interests worth 1 billion US dollars for the consortium. He was also the one who had the last laugh.
After the consortium boss determined the general direction, he went to listen to music and watch a play leisurely, leaving only the specific staff to complete all the details of the merger and acquisition case.
? The specific negotiators of the two parties came and went at the negotiating table, under tremendous pressure to grind one decimal point to one decimal point, and they were fighting with each other red-faced.
The reason Kono Yohei argues is that;
The valuation of traditional chemical companies is low, which cannot truly reflect the intrinsic value of the company, and an appropriate premium must be given.
This item finally won the approval of the boss Wang Yaocheng, clearing the last obstacle to reach an agreement.
It is really commendable to be able to win rights and interests worth 1 billion US dollars!
Takacho Mitsui is very satisfied with this mutual shareholding and cooperation. The Mitsui consortium has entered the 11-member board of directors of Marvel Animation, and occupies three of them, ranking as the second largest shareholder.
From the perspective of the entire Mitsui consortium?;
Obtaining the equity of Marvel Animation this time is of great significance. It indirectly holds the equity of Marvel Entertainment Films, a wholly-owned subsidiary of Marvel Animation, and further expands the influence of Sony, its core enterprise, in Hollywood.
As the world's leading provider of audio-visual audio-visual, video games and communication products, Sony is also the world's film and music copyright giant, and its layout in Hollywood is related to Sony's long-term development strategy.
? First-class companies make standards, second-class companies make brands, and third-class companies sell products.
Compared with the transfer of shares in chemical companies, Marvel Animation in the United States has brought much stronger benefits to Sony.
Both parties take what they need to achieve a perfect win-win result.
Sony is a very aggressive multinational company. In the era of Akio Morita, it was clearly committed to promoting the betamax format developed by the company. Having its own movie copyright library and music company is the best way to promote it.
The betamax format standard is the core for Sony to maintain its market competitiveness in the next 50 years.
? Since the early 1980s
With products such as Sony's popular mini-TV and video player "Watchman" and 8mm camcorder entering the US market, the need for Sony to have a movie and TV library is more urgent than ever.
The successful acquisition of cbs record company also made Sony more confident in its investment in the entertainment industry.
In this case, Sony Corporation blew the clarion call to enter Hollywood.
After the acquisition of MGM, Sony spent nearly 5 billion US dollars to acquire Columbia Pictures in 1989, further enriching its film and television database.
Consolidate its leading position in the film and television entertainment equipment market, fully enter the field of film, TV, and music album production and distribution, and extend to the upstream of the entertainment industry chain.
This is also Sony's corporate transformation in the new era, gradually transforming from a world-class manufacturer of home appliances and audio-visual equipment to a provider of music and entertainment media content.
In fact, Sony's transformation has been very successful.
This kind of enterprise development idea is exactly what Royal Family Fund needs to learn from and learn, and it has done a very good job in integrating the entire industrial chain.
It can be regarded as taking pictures of cats and tigers!
The Royal Family Fund is committed to promoting the linux operating system, the risc-v open source architecture chip based on the linux operating system, the amd architecture chip, the promotion of the third-generation cdma communication patent standard, and the establishment of the company's patent standard. All learned from Sony.
From this point of view, the Royal Family Fund can be said to be the best student of Sony Corporation.
Wang Yaocheng was also a big winner when the mutual shareholding agreement was reached.
The consortium has made up for the weaknesses in the upstream raw material field of chips, obtained stable and reliable raw material supply channels, and improved the layout of the core electronic semiconductor industry chain.
From then on, the sea is wide and the fish can leap, and the sky is high and the birds can fly.
It is of great significance to eliminate Wang Yaocheng's biggest worry and realize a closed-loop ecological chain with controllable risks.
After the transfer of 8.5% of the shares of Marvel Animation, the shareholding of Caribbean Holdings (Hong Kong) under the Royal Family Fund dropped to 74%, successfully achieving the goal of reducing weight at a high level.
Generally speaking
? Major shareholders selling huge amounts of stocks in the market often cause large fluctuations in stock prices, which arouse great concern from market participants, while over-the-counter transactions cause much less shock.
The New York Stock Exchange responded positively to this major shareholding change, and the share price of Marvel Animation rose slightly by 3.3%, showing a cautiously optimistic evaluation.
? Market participants agree;
Marvel Animation's introduction of a powerful shareholder, Sony Corporation, will help develop the peripheral product market and have a positive and long-term impact on the company's earnings. The overall evaluation tends to be positive. (Remember the site URL: www.hlnovel.com - Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report
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