Chapter 14 Acquisition of Equity
He was worried about whether there was any trouble between the two bosses, the old and the new, and he was still hesitating whether to say it.
But then he thought about it and now he was working under the new boss, so he naturally knew who he should stand with.
After thinking for a while, he said, "Boss Wang has been in Zhonghai City for many years, so it is naturally not difficult to find him."
"Well," Chen Mo nodded and said, "Then you find him immediately. I have something good to do to find him."
The manager nodded immediately and went out to make a phone call.
Sure enough, not long after Chen Mo finished lunch, a knock on the door sounded at the office door.
Then, the door was gently opened.
The fat Boss Wang walked in with a greasy round face.
When he saw Chen Mo sitting behind the wide desk, Boss Wang immediately smiled and said, "Haha, little brother...oh...no, I should call Boss Chen. If you don't see you for a day, you will definitely be happy events!"
Chen Mo also said politely: "I lend you auspicious words!"
Boss Wang sat down on the chair in front of Chen Mo's desk and asked with a smile: "Boss Chen, what's the good thing about asking me for?"
"That's right," Chen Mo said: "Where I, although I bought this hotel, I don't know how to manage it.
I think so, can I invite you back and continue to manage this hotel?
I don’t treat you badly. We earn half of the money we earn from this hotel, and we share the money for 50% of the money. What do you think?"
As soon as Chen Mo finished speaking, Boss Wang's eyes lit up immediately and he said in surprise: "Really?"
Chen Mo nodded: "Of course it's true."
Boss Wang slapped his thighs, narrowed his eyes into a line with a smile, and said, "Of course, of course, I, Lao Wang, will be your boss Chen's subordinate in the future.
You said I will never go west when you go east!"
Boss Wang was still feeling a little regretful about losing this hotel.
But unexpectedly, just one day passed, such a good thing happened, which really made him overjoyed.
You should know that the annual turnover of Zhonghai International Hotel is 300 million to 400 million.
As for the profit, it is at least one hundred million.
If you divide it into five or five, that means at least 50 million.
In recent years, as the boss, he said it was management, but in fact, most of the things were left to his managers.
He is free and easy every day and has no brains to do anything.
Now, Chen Mo actually said he wanted to share the debt with him for 50% of the time, and of course he was so happy.
"Okay, then we'll make up." Chen Mo nodded and said, "I have one more thing to bother you."
"What's the matter? Just say it." said the boss.
"Oh, I still have some spare money in my hand. I like the shares of the Chujia in Zhonghai City, so I want you to help me find out some information.
Detailed information about the situation of Chu Family Assets.
Do you think it's OK?"
"Of course." Boss Wang replied without hesitation, "But, Mr. Chen, why do you think of investigating this?"
The Chu family is also a well-known family in Zhonghai City, and their situation is no secret.
As long as you are willing, it is not difficult to check their assets.
However, Chu's Group can only be considered a company with average profits in China Overseas, and it can make much money even if it acquires it.
Moreover, family-owned businesses like this have complex relationships and are difficult to manage.
Most people would not be willing to acquire it.
"Oh, I made an agreement with someone else. He said that I couldn't let the Chu family kneel at my feet. I just wanted him to see. As long as I wanted to do it, the Chu family would be nothing.
If I want him to kneel, he will have to kneel!"
"I understand! I understand!" Boss Wang became even more convinced.
The hero is young and full of energy!
So, he stopped asking more questions and agreed happily.
Chen Mo nodded and asked him to do it immediately.
Sure enough, Boss Wang's methods were still very powerful. It took him more than an hour to call Chen Mo and said that he had figured it out.
Chushi Group is a family-owned joint-stock company.
The equity is divided into four parts, with Chu Yunlong, who is Chu Tianci's father, as the chairman of the company, and he holds 40% of the shares.
One of Chu Yunlong's brothers and two younger brothers each have 20% of the shares.
Whether it is a family-owned or joint venture, it is basically the one who has the most equity in the joint venture.
Anyone who becomes the chairman of a joint-stock company.
So, Chen Mo ordered Boss Wang to find a way to contact Chu Tianci's uncle and two uncles.
Tell them that they are willing to acquire 20% of their shares at a high price twice the market price.
When Boss Wang heard this, he was stunned.
I don't understand why Chen Mo did this.
If Chen Mo offered such conditions, wouldn’t he be able to pay his life?
Although Chu's Group is operating well, its profit is only maintained at around 10%. If you buy equity at a high price twice as much as possible, you don't know how long it will take to recover the capital after buying it.
If something happens in the future, you will definitely suffer a loss.
Boss Wang wanted to persuade him, but Chen Mo said he would not ask too much, just do what he said.
Boss Wang had no choice but to do it immediately.
It was not until 6 pm that Boss Wang called again and told Chen Mo that the matter had been negotiated.
Tonight, the three brothers of the Chu family decided to invite Chen Mo to a banquet and signed an equity transfer agreement on the spot.
Chen Mo was very satisfied with the result.
He ordered Boss Wang to make arrangements immediately.
Boss Wang agreed happily.
6 pm.
Conference room of China Overseas International Hotel.
All three brothers from the Chu family, except Chu Yunlong, have arrived.
The three of them were eagerly looking and excitedly waiting in the conference room.
They didn't expect that someone would pay twice the price to acquire the equity in their hands.
This transaction is a sure profit, and it is a huge profit.
Although the Chu family's industry is pretty good, its profits are not huge.
They don't have much dividends every year.
Moreover, Chu Yunlong has been placing the position of chairman of Chu Family Co., Ltd. with his 40% stake in recent years. The three of them have long been dissatisfied.
But it is not easy to withdraw investment. This family-owned company involves many people, and they are not easy to break up.
Therefore, it has been suppressing the dissatisfaction in my heart.
But now, they knew through Boss Wang that someone was going to acquire their shares at twice the price, and immediately agreed in surprise and joy.
The extra premium is something they can't make in ten or even ten years.
How could they disagree if they sell their equity at such a price?
If they get this money, they set up their own business and open a company that they have the final say. They may make more money than the current dividends.
Therefore, without having to talk too much about this deal, they agreed happily.
Now, they came to the conference room early, waiting for Chen Mo to come over and sign the equity transfer agreement.
Just as the three of them were anxious and impatient, Chen Mo finally pushed the door open and came in.
The three of them immediately stood up and shook hands and greeted Chen Mo respectfully.
When they saw Chen Mo so young, they were even more shocked and praised Chen Mo for his youth and promising him.
Be bold and generous.
Chen Mo doesn’t take their flattery seriously, and spending money to buy equity is important.
Soon, the two parties signed the equity transfer agreement.
Chen Mo also paid the money to the three of them by transferring money.
Moreover, each person gave them an extra 5 million to support themselves at tomorrow's Chu Family Equity Conference.
Chen Mo promised that after the matter was completed, he would thank him again.
Seeing that Chen Mo was so generous, and they had long been unable to stand Chu Yunlong's arrogant and domineering style, they wanted to deal with him.
Chapter completed!