Chapter 271 Partial Acquisitions
Yan Jieqiang was furious in the office of the Chairman of the Board of Directors of China Bus Co., Ltd.: "What's going on with Huang Yaonan? How to sell the equity to Luo Yingshi? This is his legacy."
"Okay, don't say it. If you didn't let others get out of the board meeting, would they do this? Now think about Luo Yingshi, the wolf!" Yan Chengkun said with a cough.
Yan Chengkun no longer presided over the specific affairs of China Bus, and he left all his son Yan Jieqiang to manage. After all, he was old, but at this moment, Yan Chengkun felt that Yan Jieqiang still needed to experience it.
"What Luo Yingshi can like about our Chinese bus is nothing more than those pieces of land. When I was too anxious, I sold the land directly and broke up with one shot." Yan Jieqiang said viciously.
"What annoying thing is that before that time, Luo Yingshi only had 20% of the shares in his hands, and it was still a long way from our 28% shares. It would be better to buy back some shares immediately to stabilize it." Yan Chengkun said.
"Yes, Laodou!" Yan Jieqiang said.
......
On the night of January 11, Bailibao held a press conference, and Hong Kong reporters flocked to him like sharks smelling blood.
The press conference was hosted by Weilis. Weilis tightened his tie on his chest, stepped onto the podium, and spoke to the microphone: "Hello, friends from reporters, I'm glad to see you here."
"There is only one thing I stand here, that is, we will take a partial acquisition of China Bus."
"What does it mean? Bailibao Company will acquire 13.5 million shares of China Bus at a price of HK$30 per share, which will increase the 26.5% value of the 20% of the shares held by Bailibao Company, even if the acquisition is completed."
"Mr. Weilis, what is a partial acquisition? Why is it 36.5%?" asked Zhang Xiaoyu, a reporter from Qilin Daily.
It is not a big deal for Zhang Xiaoyu to ask this question. For Hong Kong journalists and even Hong Kong stockholders, some acquisitions are indeed a new term. Hong Kong stockholders hear the most is a full acquisition. However, Bailibao's proposal to acquire China Bus will become the first partial acquisition in the history of Hong Kong's acquisitions, regardless of whether it is successful or not.
"Because of the particularity of China Bus Co., Ltd., I racked my brains to extract the concept of partial acquisitions from the London stock market."
"According to the Public Bus Service Regulations, China Bus must maintain its identity as a public listed company in order to enjoy the provisions of patent rights. If a comprehensive acquisition is proposed, of course, it depends on the meaning of the Securities Regulatory Commission and the Merger Committee."
"As for why it is 36.5%, it's because I think this number is very good, very auspicious, that's all." Weiris said with a smile.
The reporters wanted to ask something, Weiris had turned around and left the stage. After all, the news had been released, and it would be useless to say it or not.
......
Li Zhiwen, wearing a bathrobe and sitting on the sofa watching the TV, was as good as watching the fire. Even this was caused by him, and even the interview team of Global TV was sent out.
Under Li Zhiwen's instructions, Liang Botao gradually gained 23% of the equity of China Bus after more than half a year of erosion. When Liang Botao wanted to continue to increase his holdings, he was stopped by Li Zhiwen.
It’s not interesting to Li Zhiwen’s call to stop. He just wanted to find a buyer. In the land of the Chinese bus, which others regard as a panacea, it was poison in Li Zhiwen’s eyes.
Therefore, Li Zhiwen needs a buyer to take over these lands, and Luo Yingshi, who has a strong desire for these lands, is naturally an excellent goal.
Of course, Luo Yingshi alone can't eat so much land, so Niu Bijian, who has a good relationship with Li Zhiwen, is also one of the potential buyers. After all, this can maximize the funds in Jardinet's foreign company.
"What are you thinking about, Brother Wen?" Guan Zhilin was also wearing a bathrobe, and her hair was wet and sat on Li Zhiwen's thigh.
Li Zhiwen looked down and actually went into the battle in vain. He suddenly felt his nostrils were congested and hurriedly raised his head. He couldn't look down any more. If he looked again, he would be 404.
Guan Zhilin was very satisfied with Li Zhiwen's expression, and she was still very charming.
"It's nothing. I want big steamed buns, no, it doesn't matter what I think. It's important. Now there is something else to do." After Li Zhiwen said that, he pounced on him like a hungry tiger, and his hand had already reached into the vacuum clothing and kneaded it casually, which caused Guan Zhilin to smile.
......
Since some of the acquisitions mentioned by Weilis confused the media and were very confused, unlike conventional operations, this time, everyone in the Hong Kong media industry united to the CSRC and the Mergers Committee, preparing to consult experts from these institutions on-site to help them solve their doubts.
"Professor Kong, please explain to us the meaning of part of the acquisition." Xia Yuyang, a reporter from Oriental Daily, asked an old expert with a gray beard in the China Securities Regulatory Commission, holding a microphone.
"Everyone, Mr. Weilis' explanation is not a problem. Partial acquisitions are different from comprehensive acquisitions and acquisitions of a certain proportion of shares of listed companies." Professor Kong replied.
"Did the CSRC and the Mergers Committee agree to Mr. Weilis's acquisition request?" Xia Yuyang, a reporter from Oriental Daily, asked relentlessly.
Professor Kong was silent for a while and said vaguely: "In principle, we agree with Mr. Weilis's proposal, but we will discuss the specific way to do it," he said.
After saying that, Professor Kong felt that he could not stay any longer, otherwise he would know what he would say, so he pushed the crowd away and walked towards the office of the China Securities Regulatory Commission. The voices of "Professor Kong" and "Professor Kong" rang one after another.
Professor Kong's words soon spread to various stock markets in Hong Kong, causing the stock market to explode in an instant.
"What a joke? Now Velis has more than 7 million shares of China Bus stocks, which means they have acquired more than 6 million shares of China Bus stocks, and completed part of the acquisition. So can China Bus stocks rise again?" said a young man wearing a white shirt and a pair of black-framed glasses and a greasy hair.
As this person said, once a partial acquisition is achieved, there is no need for the acquirer to spend a lot of money, such as acquiring a lot of stocks. The supply and demand relationship suddenly becomes oversupply, and the stock price of China Bus cannot really rise.
"No, I have to sell the stocks in my hand as soon as possible, otherwise if the stock price falls, I will not lose to death." The young man with a greasy head said a few words and walked towards the stock exchange.
Chapter completed!