Amundsen's evaluation of Fang Mingyuan and Guo's Shipping Group was therefore a little higher!

Before the Chinese Spring Festival, csx Group Company had actually received the news conveyed by Lamb that Kuok Shipping Group Company intended to acquire some assets of Global Container Terminal Co., Ltd., but the board of directors of CSX Group Company was not sure about the future of Global Container Terminal Co., Ltd.

, opinions are still difficult to unify. Some people believe that Global Container Terminals Co., Ltd. should be sold at a good price to get rid of this burden. Others believe that Kwai Tsing Container Terminal Pier 3 has an extraordinary status among Hong Kong terminals.

Generally speaking, even if Hanjin Group and Maersk Line intend to withdraw, it does not necessarily mean that Global Container Terminals Co., Ltd. will not be able to find new major customers. Moreover, Maersk Line's withdrawal will not be until the end of the year, and there may be another turning point in this process.

.So this matter was postponed.

However, at the end of March, after Hanjin Group withdrew from Kwai Tsing Container Terminal Pier 3 as promised, Global Container Terminals Co., Ltd., despite several efforts, could not find a company even with a scale that could reach half of Hanjin Group's transportation volume in these dozens of days.

Transportation companies are willing to settle in Kwai Tsing Container Terminal Terminal 3. Moreover, at the same time, they also received definite news from Maersk Line. Maersk Line’s withdrawal from Kwai Tsing Container Terminal Pier 3 is already a certainty.

, and Maersk Line not only withdrew from Kwai Tsing Container Terminal Terminal 3, but also transferred most of its import and export transportation business in Hong Kong to Pengcheng Port. This made some people on the board of directors of CSX Group Company completely die.

Heartbroken.

But a new problem has arisen. Kuok Shipping Group only intends to acquire some of the assets of Global Container Terminals Co., Ltd., mainly in Asia and North America. Global Container Terminals has terminals in other regions. Kuok Shipping Group does not

There is no intention of acquisition. But from the perspective of CSX Group, since it has been decided to sell the core assets of Global Container Terminal Co., Ltd., why not package and sell those small tails together? In this case, a lot of money can be saved.

trouble.

At the end of March and the beginning of April, CSX Group Company and Kuok Shipping Group Company had many telephone exchanges, but the two parties were never able to reach an agreement on this point. This time Amundsen came to Hong Kong, it was CSX Group Company.

Another effort from the company. But... Amundsen himself was not sure whether he could convince Fang Mingyuan.

The more people know him, the more they are in awe of him. There are many geniuses in this world, but someone like him can start from scratch and create a family and business in Nuovo University in his twenties.

He seems to be the only one who enjoys a good reputation all over the world! Many people have speculated what kind of miracles he will achieve when he is forty or fifty years old. For such a person, no matter who he is, he will not be willing to do so easily.

Stand on his opposite side.

Just as Amundsen was thinking about it, the door of the room rang softly, and then Fang Mingyuan, accompanied by Zheng Jiayi, walked in. The two parties introduced each other, and then the guests and hosts took their seats. After some greetings, Amundsen took the initiative

Turned the topic to the main topic.

"Mr. Fang, the board of directors of the group company sent me to Hong Kong this time just to have a face-to-face and sincere communication with you. I want to know. Is there any room for further discussion on the conditions for your company's acquisition of Global Container Terminals Co., Ltd.? If so,

If you say this is your company’s final offer, then it’s a pity. On the board of directors, more people are inclined to open tenders to interested consortiums or terminal operators around the world through US-funded banks.” Amundsen said straight to the point.

Fang Mingyuan smiled and said: "Mr. Amundson, regarding the asset acquisition of Global Container Terminal Co., Ltd., Guo's Shipping Group has shown great sincerity. These ports in the Pacific Rim and the employees of the original company

, we are willing to take over all of them. And is our price unfair? Does it mean that your company has to sell us all those remote ports that are outside our company's shipping range? Or, I should say, it is expensive

Does the company have to sell all those remote ports outside our company’s shipping range to us at a high price?”

The main conflict between the two parties is that CSX Group hopes that Kuok Shipping Group can package and acquire all the assets of Global Container Terminals Co., Ltd. to save them from finding new buyers for other remaining assets. And Kuok

The shipping group's attitude is that if CSX Group must sell Global Container Terminals as a whole, then those small "tails" cannot be sold at such a high price.

Although, given that ports are strategic resources, acquiring port resources through cross-border mergers and acquisitions in the new century is of great significance to the sustainable development of the home countries or regions of companies engaged in cross-border mergers and acquisitions in the port industry, especially when the company's home country lacks relevant resources.

Under the circumstances, the significance of this behavior is even more prominent. Therefore, many companies that engage in cross-border mergers and acquisitions in the port industry often have government backgrounds and will receive strong support from their own governments in terms of funds, policies, personnel, etc., which makes the company's acquisition motivation

In many cases, acquisitions are not purely based on commercial considerations, and acquisitions do not fully comply with market business rules, so acquisitions at sky-high prices often occur.

But for Kuok Shipping Group Co., Ltd., these assets of Global Container Terminals Co., Ltd. are just the icing on the cake, allowing it to expand port resources in Hong Kong and the Mainland in a shorter period of time. As for the United States, Australia

It would be best if the several projects with South Korea can be successfully won together. This is mainly because the port can be called the gateway to the outside world of a country and often has important strategic significance in the eyes of the government that is different from general industries.

.Many countries have set up extremely strict review procedures for foreign capital to acquire domestic enterprises and assets, especially important infrastructure such as ports, energy, telecommunications, etc. that involve national security. They will even directly review domestic enterprises when they face the threat of being acquired.

Intervene until approval is refused.

As for the ports of Global Container Terminals Co., Ltd. in South America, they are neither in Brazil nor Argentina. They are all located in small South American countries, and they are all emerging ports. For Kuok Shipping Group Co., Ltd., in a long time

Time is useless, and Fang Mingyuan is naturally not willing to spend more time and energy on them.

Amundsen smiled and said: "Mr. Fang is wrong if he thinks this way. We don't have such thoughts." If we have such thoughts, it is naturally impossible to admit it face to face.

"Then I really want to know that your company is so sure that after the public bidding through US-funded banks to interested consortiums or terminal operators around the world, a new company will be willing to take full ownership of all the assets of Global Container Terminals Co., Ltd.

Take over?" Fang Mingyuan said with a half-smile. He believed that the truly powerful companies would not be interested in the ports of Global Container Terminals Co., Ltd. in South America, and the companies that were interested did not have enough strength to take over all of them.

Global Container Terminals Co., Ltd. You must know that CSX Group has offered Global Container Terminals Co., Ltd. a value of almost US$780 million!

"I think the Port of Singapore Group will definitely be interested." Amundsen said without hesitation. The Singapore Port Group wants to enter the Hong Kong terminal industry. This is known to everyone in the industry. Kwai Tsing Container Terminal Terminal 3 is important to Singapore.

For the port group, it is extremely attractive.

Fang Mingyuan shook his head disapprovingly and said: "Mr. Amundson, Singapore Port Group will definitely be interested in Kwai Tsing Container Terminal Terminal 3 and ports in the mainland, but it will definitely not be interested in Global Container Terminals Co., Ltd.'s terminals in South America.

Interested! Moreover, I can also tell you that the Singapore Port Group is cooperating with us to jointly develop ports in mainland China. So on this issue, unless your company is willing to sell Kwai Tsing Container Terminal Terminal 3 separately,

I don’t think they are willing to get involved easily. Of course, if your company plans to make a substantial profit transfer to the Port of Singapore Corporation, with a 50% or 30% discount, this is possible.”

Zheng Jiayi couldn't help but chuckle in her heart. If CSX Group was willing to offer a 50% or 30% discount, then it might as well simply complete the transaction according to Guo's Shipping Group's quotation. In this way, their profits would be even greater.

Amundsen opened his mouth, and for a moment he didn't know what to say. Fang Mingyuan's strong confidence in his words made it difficult for him to say negative words. Moreover, just as Fang Mingyuan said, the Singapore Port Group only treats Kwai Tsing Containers

Pier 3 is interested in ports in the Mainland - CSX Group once tried out the Port of Singapore Group in a roundabout way. And Amundsen also knew that Kuok Shipping Group had a good relationship with the Mainland government and participated in many

In the construction of a mainland port, there is indeed cooperation with the Singapore Port Group. It is indeed impossible for the Singapore Port Group to easily turn against the Kuok Shipping Group. For the purpose of a Hong Kong Kwai Tsing Container Terminal No. 3, it and the Kuok Shipping Group

It would be unwise for the Fang family to go against the company.

"Mr. Fang, there are still many powerful terminal operators in this world." Lamb interjected, "For example, those in mainland China..."

Before Lamb finished speaking, Fang Mingyuan was already laughing, causing Lamb to stop talking in confusion. Mainland shipping companies must be interested in Global Container Terminals Co., Ltd.'s ports in Hong Kong, South Korea, the United States, and Australia.

It's hard to say in South America, but a terminal operating company with a Chinese-funded background that wants to take over Global Container Terminals Co., Ltd. will not only have to face strict review by the governments of South Korea, the United States, and Australia, but also face challenges from within the system.

Resist the force!

Those mainland ports jointly developed by Global Container Terminals Co., Ltd. and mainland companies must be opposed to the acquisition of Global Container Terminals Co., Ltd. by Chinese-funded enterprises. Global Container Terminals Co., Ltd. is a joint venture, and if it is taken over by a Chinese-funded enterprise

, may become a purely domestic-funded enterprise! As long as Chinese people are not ignorant, they understand that in China, joint ventures and domestic-funded enterprises are two completely different classes. Not only do they receive different levels of attention from the government, but they also pay different taxes.

The proportions are also very different. How could the mainland companies that cooperate with Global Container Terminals Co., Ltd. agree to let mainland companies take over these ports! But when Kuok Shipping Group Company took over, this problem completely disappeared. Therefore, Fang Mingyuan was not worried at all.

Domestic terminal operating companies.

Although Amundson and Lamb didn't know why Fang Mingyuan laughed, they could see from Fang Mingyuan's face that Fang Mingyuan really didn't take the terminal operating companies in mainland China to heart. Amundson's heart moved.

He has heard that the Fang family and the Guo family have close relations with senior figures in the Chinese government. Perhaps it is because they can influence the mainland's terminal operating companies through those officials?

"Mr. Amundson, I admit that there must still be consortiums and terminal operating companies in the world that are interested in these terminals owned by Global Container Terminals Co., Ltd. If your company conducts bidding through banks, it will definitely attract a lot of attention.

There are few buyers. But I want to remind you that if your company wants to sell the whole company, I am afraid it will still fail. Moreover, considering the various losses in the process, I am afraid that Global Container Terminals Co., Ltd. will not be able to sell me in the end.

Where is the bid?" Fang Mingyuan said with a leisurely expression.

It would save trouble for the csx group company to entrust a bank to conduct the bidding, but the bank has to extract handling fees from it, and it has to spread the news to those interested consortiums and companies to respond, and then arrange the corresponding matters for the bidding, which does not take time

?Without the business of Hanjin Group, Kwai Tsing Container Terminal Terminal 3 has lost 30% of its revenue. Although some second-rate transportation companies can be introduced during this period, they cannot sign long-term contracts and cannot

Easy to manage, and this will also affect buyers' choices.

Amundsen stared at Fang Mingyuan for a long time, then suddenly laughed and said: "Since Mr. Fang is so sure, then it is better to take a step back. We do not require a complete acquisition of Guo's Shipping Group Company, so can Mr. Fang do it now?"

Increase the quotation by US$20 million? As Mr. Fang said, instead of wasting precious time by bidding with other companies when the time comes, it is better to start early and arrange new customers as soon as possible."

Fang Mingyuan chuckled and said: "Mr. Amundson, in fact, our Kuok Shipping Group Company is not in a hurry to acquire Pier 3 of Kwai Tsing Container Terminal. You can ask Mr. Lamb about the newly opened Pier 9 of Kwai Tsing Container Terminal.
Chapter completed!