The development path of any large enterprise in history is full of acquisitions and mergers. Tianlai "Novel WWW. 』⒉3TXT．COM includes industry leaders such as Microsoft and Coca-Cola.
Even Fengyu Electronics and Fengyu Electrical Appliances have acquired many small businesses and merged their high-quality assets.
Many times, the world's number one companies only get to that position after mergers. For example, Polar Bear Mining Group, if it hadn't acquired Lituo Group, how would it have reached its current position
However, blind merger and expansion will also bring great hidden dangers. For example, WorldCom Group went bankrupt in this way. The market value was close to 200 billion US dollars, but as a result, it made one wrong move and lost everything, eventually disappearing into the long river of history.
Therefore, when acquiring and expanding enterprises, they must also choose the right time, the right industry, and act within their capabilities. And there is one way, which is relatively safe, and that is merger.
A merger is a merger of ownership based on a contractual relationship, but generally a large company merges with a small company, and the small company's brand may not even be retained.
If the two companies are about the same size, or the difference in status is not particularly large, such a merger is the most advantageous, but it is also the least easy.
Because there is not much difference in status, who wants to be in a subordinate relationship? Especially those corporate shareholders, they all want to control the power of the company, especially the management rights.
The reason why BHP Billiton failed to acquire Lituo Group was that it was short of money, and the other reason was that it could not meet the power needs of Lituo Group's management.
But this conflict between Beidacang Group and Hope Group is relatively easy to resolve.
Feng Yu decided to talk to Liu Yonghao in person, hoping to get Liu Yonghao to agree to the merger and turn Hope Group into a subsidiary of Beidacang Group. There are many areas where the two parties can merge and improve, and the scale and efficiency will increase immediately.
But the difficulty here is that Liu Yonghao has the final say in the Hope Group, or the four brothers have the final say. But when it comes to the Beidacang Group, who will have the final say
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"Old Liu, I invite you here this time because I want to re-discuss the merger of the Beidacang Group and the Hope Group. Please listen to my terms first and then decide whether to agree."
"I know that the Hope Group of you four brothers is doing very well. It is the leading private agricultural and sideline products company in China and is well-known around the world."
"But have you ever thought that one day you would be able to take charge of the world's number one agricultural and sideline products company? And all this is not just a mirror image."
"I know Zhou Banghan talked to you before and you broke up with him on bad terms, but you must also know who I am. Speaking of which, this is not the first time we have cooperated."
Liu Yonghao's brothers are all shareholders of Minsheng Bank. Although they are only small shareholders now, Liu Yonghao is still a director. Moreover, Liu Yonghao was the most important founder in the Guangcai career, and Feng Yu was also particularly supportive at that time.
Beidacang Group and Hope Group also cooperate a lot in the production and sales of feed, etc., and even more than these, they also cooperate in other industries. There is no conflict between the two parties, and the benefits after the merger are also visible.
"I would like to ask you to be the chairman of the Beidacang Group, or even to serve as the CEO concurrently, or let your boss become the chairman and you to be the CEO, all of which are fine."
"Based on the size of Beidacang Group and Hope Group, the market value of Beidacang Group is about three times that of Hope Group, and its assets are about three times that of yours. If your assets are merged into Beidacang Group, I guarantee there will be no less. You will be charged a penny. You can propose the specific calculation and we will discuss it."
"And I hope that the management of the group will not make any move for the time being. When it comes time to make a move, I believe you will not relent, and you will not be willing to see your career destroyed by mediocrity."
"Even you four brothers can join the board of directors of Beidacang Group, if you think it is necessary. Even if you want to train your daughter to be your successor, I have no objection to this."
"Zong Qingxian's daughter works at Lehaha, Jiang Wanmeng's son works at Fengyu Electronics, and Xu Lihua's son also works at Aihua Electronics. Even in my overseas subsidiaries, I have no objection to the children of shareholders who want to take over management rights. , as long as you can prove that they have this ability and can lead our company to better development."
Feng Yu has never objected to succession. It is undeniable that children from wealthy families can receive better educational resources, especially the ability to experience and learn management experience from their elders, which cannot be learned in books.
Even more realistically, it is not that children from poor families cannot become talented, but their success rate is much lower than that of children from rich families. Even the crime rate is higher among children from poor families, but it's just less reported because they don't pay that much attention to themselves.
Feng Yu's condition made Liu Yonghao even more tempted. Is it possible for his daughter to take over
"I also have some reputation abroad and can help in many aspects. If Beidacang Group needs my help in its development, I will never refuse."
"I wonder if these conditions can impress you?"
Feng Yu looked at Liu Yonghao and hoped that Liu Yonghao would nod. Then the size of the Beidacang Group would be greatly expanded again, ranking second in the world, and not too far away from the first in the world.
"Director Feng, I won't talk about anything else. I believe what you said. But I remember that the controlling shareholder of Beidacang Group is Longjiang State-owned Assets. Will they agree to the dilution of their equity?"
"And I want to redistribute the equity. Our brother's Hope Group will be merged into the Beidacang Group. Under normal circumstances, it would be about 25% of the equity. I require that we also have that many voting rights."
They gave them shares but not so many voting rights. If Feng Yu retires in the future, no matter what, who will he go to? Especially when it involves state-owned assets, he finds it very troublesome.
"Old Liu, the thinking at the top is very open now and is no longer so rigid. Look at Bingcheng Machinery Manufacturing Group. Taihua Holdings is the controlling party, but is Bingcheng State-owned Assets dissatisfied?"
"You hope that the group will be merged into it. They can make more money with the same shares. What's wrong with this? The goal of state-owned investment is also to make money, which is the same as our investment."
"If you agree to these conditions, then I will talk to Longjiang State-owned Assets about the equity. I think I still have this face." How much money has Feng Yu donated to Longjiang over the years, not to mention that this is also a right There have been positive examples of things that are beneficial to corporate development, so why can’t they agree
"Director Feng, I have to go back and discuss this matter with my brothers. How about I give you a definite answer tomorrow?"
"Okay, I'm waiting for your good news."
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