Chapter 1511: Heavy acquisition!


[Title: Rebirth of the strongest life Chapter 1511 heavy acquisition! Author: Toshihide only]
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All banks announced the cancellation of the US dollar exchange restrictions and implemented a fixed exchange rate of 7.8.
Someone tried to exchange Hong Kong dollars for US dollars, whether it was thousands or tens of thousands, all of them could be exchanged smoothly, but the exchange rate was no longer close to 10 before, only 7.8: 1.
As a result, the exchange rate between the Hong Kong dollar and the US dollar naturally changed.
Just the next day, the US dollar exchange rate fell to 8.12. On the third day of November 17, the US dollar exchange rate was the same as the bank exchange rate.
At the same time, the price of gold also fell, returning to the price it was a month ago.
Many people who speculate on exchange rates and gold are completely desperate.
They have no way to fight against the entire Xiangjiang government. Even if billions or tens of billions of dollars are useless, people can directly kill them if they change their policies.
What's more, they don't have so much money, just some small speculators.
Most of the speculative money they brought out was borrowed and raised.
In such a huge loss situation, it is already impossible to pay back the money, so in these few days, no fewer than dozens of people jumped from the rooftop.
Not everyone has the courage to commit suicide, more people run.
For a time, the atmosphere of Xiangjiang still seemed a little nervous and pessimistic.
But Youde and Xiang Jiangzheng do not control these, they only care about whether the fixed exchange rate can stabilize Xiangjiang's financial market.
In fact, it has been proved that this fixed exchange rate is like the Dinghaishenzhen, and it hardly encounters any waves, so that the turbulent financial market has entered stability.
The speed was so amazing that everyone was surprised.
Originally, Youde also prepared that if the effect is not good, Yin Jun will be called out again, which may increase credibility.
But now it seems that it is not necessary.
As everyone knows, even if Youde invited Yin Jun this time, Yin Jun would not come forward.
Recently, the exposure rate of teenagers has been high enough, and there are enough things done. If it appears frequently, it will make people think that he is the spokesperson of the government.
Of course, Yin Jun was unwilling to weaken his merchant identity and became a stakeholder in government.
After all, he has always relied on his own strength, not on the political help of the government.
But Yin Jun is not without benefits.
After consulting with Shen Bi, he secretly deposited all of his Hong Kong dollars in HSBC and applied for a US $ 2 billion loan.
The period is three months.
Three months later, the Hong Kong dollar was directly converted into US dollars and repaid to HSBC Bank. Yin Jun only needed to give the corresponding interest.
The interest rate is the lowest in recent years.
With such an urgent holding of nearly 2.5 billion US dollars, what is Yin Jun going to do?
Of course it is to complete his acquisition.
Just at 9:00 a.m. on November 20th, Western United States time, Kirin Group's North American branch and American abc television news network company jointly issued a statement.
Kirin Group's North American branch has reached an agreement with the board of directors and major shareholders of ABC through months of negotiations.
Kirin Group's North American branch will acquire ABC as a whole in cash and delist it as a private company of Kirin Group.
To this end, Kirin Group North America Branch will pay 3.6 billion US dollars.
The source of this funding is mostly direct payments by the head office, as well as some bank loans.
The headquarters of the Kirin Group gave US $ 2 billion, and the US $ 440 million earned in the exchange rate war was placed in banks as emergency funds.
Yin Junke was never the one who used his money cleanly.
Not only is this USD 440 million left, but Yin Jun also has a loan amount of HSBC Bank not exceeding USD 1 billion, which is a kind of loan that can be borrowed at any time.
This guarantees that Kirin Group has a large amount of working capital available at any time.
The remaining US $ 1.6 billion in bank loans came from Bank of Japan Mitsui.
This is not to say that Japan's Sumitomo Bank has no money. In fact, they have a lot of money.
It ’s just that Sumitomo Bank has loaned US $ 2.5 billion to Kirin Group. The banks naturally have their own set of rules of operation. No matter how prosperous and prosperous Kirin Group is, they have a risk assessment mechanism. It is impossible to lend another US $ 1.6 billion to Kirin Group.
But Ben Duocheng will not fail to help.
He directly contacted Mitsui Banking, which has a good relationship with Sumitomo Bank, and asked them to loan to Yin Jun.
Mitsui Banking is also one of the five largest banks in Japan. In a few years, they will merge with Sumitomo Bank to become the second largest bank in Japan. It is second only to Mitsubishi Financial Group.
Even now, the relationship between Mitsui Bank and Sumitomo Bank is still a good ally.
Like Sumitomo Bank, due to the continuous development of Japan's economy, Mitsui Bank has a lot of money in hand. It is of course overwhelming to meet such a large customer as Yin Jun.
From September onwards, it took only less than a month to confirm the loan in early October, and the US $ 1.6 billion was quietly prepared for Yin Jun.
And the interest rate is particularly low, only 5%, far below the ordinary interest rate.
Using his own money to make a fortune, Yin Jun naturally has no burden.
However, the money was not used all at once.
Although an acquisition agreement has been reached, how to forcefully buy out of the market, how to transfer property rights, how to approve assets, etc. are all a long process.
Without three or five months, it is impossible to complete.
But fortunately, from the day when the agreement was reached, after purchasing more than 52% of the shares from abc's major shareholders, Kirin Group's North American branch already has abc management rights.
In other words, from now on, Kirin Group's North American branch can take over abc and start processing mergers.
In addition to the announcement of the acquisition, the Kirin Group North American branch has several resolutions.
The first is that after ABC joined the big family of Kirin Group, it directly merged with Disney TV channels.
This is not unexpected.
Before the news came out that when Qilin Group was preparing to buy abc, everyone knew what Yin Jun meant.
The Disney TV channel is too strong inside ABC, almost to the point where it can resist all channels and news networks together.
In this situation, abc has only two options.
Either they bought the Disney TV channel, or the two companies chose to merge.
Otherwise, ABC will certainly not be able to retain the Disney TV channel, and then suffer heavy losses, it is likely to fall from the first-rate TV news network to become second-rate.
But the road to Disney TV channels is not easy.
If their status in the abc news network is not guaranteed, then leaving is a high probability event.
It is not difficult to build a new TV news network with Yin Jun's financial resources and material resources, with Disney News Channel as the main body again.
The point is that if you build a TV news network from scratch, it will take at least several years to be effective.
If you have wasted these years and want to reach the height of the previous abc again, I am afraid it will be a little difficult.
After all, on the other side, the 20th Century Fox has announced that they are about to usher in a new master, world news tycoon Murdoch.
And Murdoch is also interested in creating a new big TV network.
As far as media is concerned, although Yin Jun is also famous in the media industry in Xiangjiang, it is still much younger than Murdoch, which has been operating the media and industries all over the world for decades.
The opponent is so powerful, and there are TV news networks such as cbs that were fixed in the past. It is really difficult for Disney TV channels to be alone.
So it is better to merge with abc directly.
Merger is the best choice for the two.
Therefore, in the months of frequent negotiations between Kirin Group's North American branch and ABC, various opinions have been revealed.
With the strength of the two companies, of course, it is the merger and acquisition of the North American branch of Kirin Group, or it holds most of the shares.
Only some other voices came out.
That's because of Yin Jun's character and his style of acting. I'm afraid it is not suitable to merge and hold the majority of shares.
He should want to completely own ~ EbookFREE.me ~ to turn abc into his own private property.
Because before that, he did this to Disney, Lianyi Films, and 7-11.
Although Yin Jun is a genius, the greedy and selfish character of the Orientals is still reflected in him.
Now the result comes out, it really is.
abc was still wholly acquired and became a member of the Kirin Group.
If anyone has guessed the above resolution, then another resolution of the Kirin Group North American branch, few people can guess.
The combined TV News Network is still called ABC TV News Network, but his president is Robert Iger, the former director of Disney TV Channel!
This decision is a surprise!
Originally, everyone thought that the management of ABC would continue their work. After all, ABC had done very well before, and the development was very rapid and stable.
Either Yin Jun, the long-coveted Barry Diller, who is the president of Paramount, came to serve as the president of the TV news network. Yin Jun met Barry Diller several times and wanted to persuade him to go to the Kirin Group. What a secret.
And Barry Diller also prefers to be a TV news network.
As a result, I didn't expect that it was a young man, only 32 years old, who suddenly became the president of abc TV News!
You know, two or three years ago, Robert Egger was only a deputy manager of the abc marketing department, and he was still five or six positions away from the president.
I didn't expect to go to the Disney TV channel for so many years. When he returned, he was already high and became the boss of everyone.
For a time, Robert Iger quickly became the most concerned person in the US news industry! 2k fiction reading network
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