With the four business tycoons Mo Zhexuan, Baochuan Wang, Li Zhaoji and Huo Yingdong joining forces to form a joint consortium.
The news of the official announcement of the acquisition of Jardine Matheson Holdings' Hutchison Whampoa property quickly spread in Hong Kong.
The whole city seemed to be swept by this huge wave of commerce.
This breaking news instantly attracted widespread attention and heated discussions from all walks of life.
Everyone in Hong Kong, from high-ranking officials to ordinary people, is paying close attention to the progress of this huge commercial change.
People on the streets are talking about this acquisition, speculating about the deeper meaning behind it and its impact on the future economic landscape.
In the business world, almost everyone in the British financial consortium feels insecure, especially as the negotiation situation becomes increasingly clear.
Some John Bull Capital members, feeling guilty and worried about being liquidated in the future, have begun looking for ways out and are preparing to leave Hong Kong completely.
On the other hand, the Chinese consortium was greatly encouraged, and some prominent tycoons began to check the remaining assets of the British consortium, preparing to make a fortune.
At the same time, Li Ka-shing of the Cheung Kong Group headquarters learned the news of the acquisition of Jardine Matheson Holdings Limited's Hutchison Whampoa Properties.
At first, he was so angry that he could hardly control himself and even threw the precious teacup that had been with him for many years to the ground, sending fragments flying everywhere.
However, after a brief outburst of anger, he quickly calmed down, a smile gradually appeared on his face, and finally he burst into laughter.
"Mo Zhexuan! I have to admire you. You've discovered the loopholes between Jardine Matheson and Hong Kong Land. But you're underestimating the Keswick family too much!"
"Now that you guys are messing with me, I don't believe the Simon Keswick family will still cling to the shares of Hong Kong Electric Company. I also want to thank you for helping me."
Thinking of this, Li Jiacheng immediately called Li Huikang, the head of Yonghua Securities.
The two then rushed to the Kangle Building without stopping, ready to personally persuade Simon Keswick to sell his shares in the Hong Kong Electric Company.
At this time, Simon Keswick had just finished communicating with his family far away in John Bull and was preparing to go to the Governor's Office to seek support from David Wai-shing.
A blond, blue-eyed white woman knocked on the door, walked in wiggling, and reported with a smile:
"Chairman, Mr. Li Jiacheng of the Cheung Kong Group is waiting downstairs and hopes to meet with you."
Simon Keswick was slightly startled, and instantly understood the old fox's intention. He was about to refuse, but after thinking about it, he replied:
"Kelis, please go downstairs and ask Mr. Li Jiacheng to come up."
"Yes, Chairman," Kelly nodded in agreement, then turned and left, preparing to go downstairs to meet Li Jiacheng.
"Hong Kong Electric Company is not unsaleable to Jardine Matheson. As long as someone can afford the right price, it can be sold."
Simon Keswick murmured to himself:
"But no one can take away Hong Kong Land from Jardine Matheson, otherwise the Keswick family will definitely fight him to the death."
In the reception room, Li Jiacheng took a sip of tea and said directly without beating around the bush:
"Chairman Simon! I'm sure you've guessed my purpose. I want to acquire Jardine Matheson's 34.9% stake in Hong Kong Electric."
Simon Keswick nodded slightly and responded calmly:
"Jardine Matheson can sell the Hong Kong Electric Company, but it depends on whether the price you offer is appropriate, Mr. Li."
"Chairman Simon, the current share price of Hong Kong Electric Company fluctuates between 6 and 8 Hong Kong dollars. The acquisition price I offer is 7 Hong Kong dollars per share.
I think this price not only reflects my recognition of the value of your company's shares, but also demonstrates my sincerity!"
Li Jiacheng smiled and said, "This price should be full of sincerity."
The 34.9% stake in Hong Kong Electric Company totals approximately 454 million shares, with a total value of HK$3.178 billion.
Of course, the Yangtze River Group alone cannot obtain such a large amount of cash.
Together with Hutchison Whampoa, the two companies can prepare HK$2 billion in cash, and the rest can be borrowed from HSBC.
"Mr. Li! The Hong Kong Electric Company is an inexhaustible gold mine. As electricity prices continue to rise in the future, its value will be immeasurable!"
Simon Keswick naturally had to bargain, but in fact the price was already very good.
Who in Hong Kong today can come up with so much cash at once? There are only a handful of Chinese tycoons who can do that.
"My asking price is HK$10. At that price, we can close the deal today."
Li Jiacheng almost vomited blood and nearly collapsed after hearing this. He couldn't help but curse in his heart: "Fuck!"
On the surface, there is only a difference of 3 Hong Kong dollars between 10 Hong Kong dollars and 7 Hong Kong dollars, but the cumulative amount is nearly 1.5 billion Hong Kong dollars!
Did my money come from the wind? If I wasn't worried about someone else getting it first, I wouldn't be able to kill you.
Although he hated the other person to death in his heart, he said with a smile on his face:
Chairman Simon, I come here with full sincerity. How about this? I'll raise the price a little bit, adding HK$0.5 per share. What do you think?
After hearing this, Simon Keswick smiled and said, "No! However, to show my sincerity, I am willing to make some concessions. I propose 9.5 Hong Kong dollars per share. How about that?"
Next, the negotiations between Simon Keswick and Li Jiacheng entered a white-hot stage.
Both of them are leaders in the business field with superb negotiation skills. Every change in price point affects the nerves of both parties.
In this way, the two of them exchanged verbal battles, and each bid was carefully considered.
My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!
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