v3 Chapter 1250: The last craziness

Latest website: According to the previous cooperation plan, Wells Fargo Bank raised 120 billion yen to the Torii family, and the pledge is 50.4 million shares to be acquired in the future.

But now after fierce competition, the Torii family has bought 38.64 million shares, accounting for 9.2% of the company's total equity, which is 11.76 million shares short of the set target.

However, the preparation of the acquisition funds, the total amount of 123 billion yen in self-financing, has now been spent 113 billion yen, and there is exactly 10 billion yen left.

With the current situation, it is impossible to buy 11.76 million shares for 10 billion yen.

According to the predetermined action plan, the action can now be said to have failed.

It stands to reason that Keizo Torii should get out in time and sell the 38.64 million shares he entered, which is likely to make a profit of 15 billion yen or more.

In addition to the 10 billion yen left in our hands, we have 25 billion yen in funds.

End the contract in time and pay off the 12% interest agreed with Wells Fargo, which also leaves 10.6 billion yen.

These are all profits!

This profit is not small!

If the company’s shareholder dividends were distributed in accordance with previous years, it would be less than that for a 10-year distribution.

But Keizo Torii was not reconciled anymore, he didn't want to give up.

This is how people are. The most painful thing is not that there is no hope, but that after seeing hope, but having to give up painfully.

Now Keizo Torii is facing this choice.

The Torii family previously held a 21.7% stake in Suntory, but now they have acquired a 9.2% stake, which adds up to 30.9%.

From the 33.4% shareholding line, there is a 2.5% stake.

This gap is already very small.

What's more, Jiuding Securities currently holds only 28% of the shares, and Mitsui Securities should have fewer shares. The advantage is already on its side.

As long as you work harder, you will be able to achieve your goal without worrying about taking away the company that your family has run for more than half a century.

According to the current market conditions, although the acquisition cost has further increased, if a share price of 3,800 yen per share is offered in private negotiations, it will definitely be a winning streak.

According to this stock price, you need 44.7 billion yen. After deducting the 10 billion yen that you still own, you only need to borrow 34.7 billion yen, which is 35 billion yen.

I borrowed more than 100 billion yen before, and now I borrow more than 30 billion yen...

Seeing Torii Keizo being silent for a long time, the corners of Maruyama's mouth rose slightly.

It seems that the analysis before coming is correct. Torii Keizo attaches great importance to Suntory and will not give up easily if he is not a last resort.

It's time to add fire.

Toshi Maruyama said very understandingly: "Kun Torii, the stock price of your family company has exceeded 2,000 yen per share. When I came here, I took a look at it. The stock price is 2,147 yen per share. Compared to the beginning, it has more than doubled."

"Moreover, depending on the situation, it will continue to rise in the future. Our bank believes that the value of your family's company stock is very worthy of recognition and can give a higher mortgage ratio.

Toshi Maruyama opened his mouth to shut up "Your family's company", and while Keizo Torii felt sweet, his feelings of reluctance became more intense.

This is their own family company. Is it really necessary to give it away?

If he watched the company be taken away by the enemy, how could he be worthy of his dead grandfather and father!

At this moment, Keizo Torii seemed to have in his mind the indoctrination of his father and grandpa, as well as the pride and pride when he mentioned the family company...

A look of decisiveness flashed in his eyes, he looked directly at Maruyama Jun, and solemnly asked, "Maruyama-kun, if I want to use our current stocks as a mortgage, what percentage is Wells Fargo willing to give?"

"Eighth floor!"

Maruyama said without hesitation.

The stock mortgage gives an eight-tier ratio, which is already extremely high.

But Keizo Torii was not satisfied. He shook his head and said, "Maruyama-kun, this ratio is too low."

"You also said that Suntory's stock price has a surprisingly high growth potential, which is too low based on the current eight-tier stock price."

"You were quite sincere before. When you gave us a loan, the number of 50.4 million shares is equivalent to more than 2,400 yen per share."

"Now that Suntory's stock price has risen a lot, I think it is more appropriate to mortgage 2500 yen per share."

Toshi Maruyama smiled bitterly, and said embarrassedly: "Torii-kun, the last time I gave such a broad condition, I have been criticized after it was passed to the headquarters. This time I really cannot give such a high percentage. 'S competitors are already attacking me, asking whether I accepted your bribes and that is why I gave loans illegally."

"That is, there is someone above me who is under pressure for me, so I haven't been investigated."

"I have been placed in the sun now, and there are not a few people staring at me. You can't just watch me lose my job and even have to bear legal responsibility?"

Speaking of this, Keizo Torii did not doubt, after all, Toshi Maruyama did give him too much help last time, and he was very grateful.

But grateful, grateful, he still has to think about his family as much as possible.

"Maruyama-kun..."

...

After some difficult discussions, the two finally reached an agreement.

The Torii family can take out another 17 million shares of Suntory’s stock as collateral to obtain a loan of 35 billion yen from Wells Fargo Bank. The loan interest rate is 10%, which is two points lower than the previous one because the risk is lower than the previous one. some.

This time, the 17 million shares of shares have to be taken out and paid in one hand and the other hand. Wells Fargo has no right to dispose of these 17 million shares if the risk resolution clause is not triggered.

Of course, after the negotiation, it does not mean that this is the final result, because this is just the attitude of Torii Keizo. He has to convene family members and go through the process of democratic consultation.

Although there is a high probability, family members will not object...

Sure enough, after Toshi Maruyama left, Keizo Torii immediately sent someone to notify all members who were eligible to attend the family meeting, and another meeting was held that night.

The final result was a unanimous vote, the user Keizo Torii's decision.

The island people have the genes for madness and unwillingness to give up. They dared to bet on the national fortune crazily before, but now this decision of the Torii family is too risky, how can they not dare to gamble?

In order to reduce the cost of the acquisition, Torii Keizo directly informed Maruyama's decision by phone that evening, and then the next morning, he went directly to Wells Fargo Bank with the equity certificate, signed the agreement on the spot, and withdrew the money on the spot.

When 35 billion yen was acquired, plus the remaining 10 billion yen, a total of 45 billion yen, Torii Keizan all invested in the acquisition.

Only need to buy another 2.5% of the equity ~ www.novelhall.com ~ last night at the family meeting, we have negotiated and selected three small shareholders with sufficient equity and great confidence.

Before he came to Wells Fargo, other key members of the family had already led teams to negotiate acquisitions.

...

But not long after Torii Keizo left, the news that he had mortgaged another 35 billion yen was transferred a few hands and passed to Xia Yu.

This time, Xia Yu smiled.

The Torii family is already in the final fight.

"Hehe, the last madness is coming, and it's almost time to close the net!"

In Jiuding Securities Company, Xia Yu stood with his hands in front of the floor-to-ceiling windows, looking at Mount Fuji in the distance, feeling very comfortable, and said with a light smile.

Wang Qi and Matsumoto Yu who were standing beside him also laughed...