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Chapter 1318 fooling the ghost

Ensure stable development within 50 years?

Rez secretly smacked his tongue. He didn't know what Yang Cheng said based on this, but he knew that Yang Cheng would not joke about such things. Since Westinghouse Electric has such great significance, it is necessary to raise 200% of its attention and must not be missed.

After warning himself in his heart, Yang Cheng said again, "Tell me about your preliminary plan, about acquiring the Westing House."

Rez retracted his thoughts, and after a brief thought, he replied, "The acquisition methods are just a few. The key is to look at your idea, prepare to pass the merger or the acquisition method. If it is the latter, we must borrow from the bank, and we don't have that much money on our own books.

Conservatively estimated that Westinghouse Electric also has a market value of US$3.8-4 billion. If Dongzhi Group wants to sell, it will inevitably raise the price. Based on a 20% premium, US$4.6-5 billion is a relatively ideal price range."

Yang Cheng nodded and expressed his understanding, "How much money can we squeeze out? No need to consider cash flow, all active funds will be withdrawn."

Rez stammered and smiled bitterly, "Boss, you have made a big move in your acquisition recently. Except for $100 million in cash as a guarantee on the company's books, you can't get a penny."

Yang Cheng stared at her eyes, just about to shout "My money"? Then she thought, she has used a lot of money recently. Fortunately, the dragon stone jade necklace was in the account of New Era Media, otherwise Riz's answer would have been gone even 100 million.

He pinched his nose and covered his embarrassment, "Okay, then do you mean to have a loan all?"

Reitz shook his head slightly, "I don't tend to acquire it. If you ask him about financial pressure, we can even use part of the equity and long-term debt financing payment method, and you don't have to pay a penny of cash."

Yang Cheng was interested, "For example, it would be acquired at a valuation of 5 billion yuan."

Reitz calculated in his mind, "5 billion is divided into two parts, of which 1 billion or 1.5 billion are paid in New Era Media's equivalent equity, and the rest is paid in the form of long-term debt financing, just like what I just said.

The advantage of this is that the equity acquisition makes Westinghouse Electric more closely tied to the interests of our acquirers and share future operating risks;

For us, long-term debt financing will face much less cash flow pressure, so we have more time to manage this asset and realize asset appreciation in the future.

After all, compared with Dongzhi's acquisition for more than $5 billion, Westinghouse Electric is currently at a low price, which proves that Westinghouse still has room for growth in the future.

The most important thing is that Westinghouse's return to the United States is of great significance to Baigong. As long as we make good use of this, like Baigong, it will not take long to reverse the loss situation. Don't forget that the consumption of nuclear power in the United States still occupies the world's largest share and is the country with the largest nuclear power consumption in the world.

And in this largest market, Westinghouse Electric is still necessarily the main market player.

However, whether we can eventually lead Westinghouse Electric out of the quagmire of bankruptcy and achieve its former glory depends on our hard strength in management after the acquisition. An excellent CEO is essential."

Through Ryze's analysis, Yang Cheng felt a sudden enlightenment in front of him. He originally thought that buying the Westing House was a very difficult thing, but after Ryze said this, it seemed that the obstacle he faced was only Xiao RB nodding. On this issue, it was exactly what he cared about the least, or he was most confident in solving it.

The line of Ito Koji has not broken yet and is still valuable. Fortunately, I did not reject Ito's good intentions because of prejudice, otherwise it would be easy to catch it now.

By the way, which family’s property is Dongzhi? It seems to be from Mitsui’s family.

"You said hedging investments for Westinghouse Electric before, do you have potential targets now?"

Reitz shook his head, "I have to study it before confirming it. After all, I haven't learned much about the energy industry before."

Yang Cheng nodded, "Okay, then you go and study it and come up with a complete investment report as soon as possible."

"I understand, submit it before the latest meeting next week."

"Well, go ahead, I'm so sorry to call you back to the company so late."

"This is my duty boss~"

Watching Rez leave the office, Yang Cheng cleaned up briefly and prepared to leave.

On the way home, I tried to call Ito Koji to find out his words.

After the phone was answered before it rang, a hypocritical smile immediately appeared on Yang Cheng's face, "Brother Ito, you didn't have a good thing to bother you, right?"

Koji Ito understood it, "Of course not, Tokyo is now in the morning."

Yang Cheng was stunned, "You are back? I thought you were in the United States and were planning to ask you out for fun."

Ito couldn't understand Yang Cheng's sudden 'good intention', so he could only say regretfully, "Next time, Brother Yang, you know that I have taken over part of the family company's business and I'm so busy."

He paused, "Is there something wrong with Brother Yang? Even if you have something to do, you don't need to be polite in your relationship."

Sure enough, the sensible RB man, since that's the case, Yang Cheng was not polite and said directly, "That's right, I heard that Dongzhi Group's recent situation is not very good?"

Ito smiled bitterly, "To use the saying of you Chinese, it is really good things that don't go out and bad things spread thousands of miles. Is it known all over the world that the east is coming?"

Hearing the slight sadness in the other party's tone, Yang Cheng didn't know what to say for a moment, so he casually cared about it, "Your family also has Dongzhi shares?"

Ito nodded, "You know, RB's companies are cross-holding, and all families have participated, but there are not many, and there is no impact.

But Brother Yang is so concerned about the situation of Dongzhi. Do you intend to take over? If so, I am happy to be an intermediary.”

Yang Cheng quickly denied it, what a joke, Dongzhi is now a huge pit, it doesn't cost enough to fill it in. Even though he knew it was a pit that would definitely die, he was still stupid and jumped in? It's crazy~

"No, my family's strength is too weak to save such a great enterprise as Dongzhi."

This is just a simple word. Fortunately, Koji Ito said that, and didn't take it to heart, and said, "Why is that?"

Yang Cheng simply said, "Although we can't directly help Dongzhi Group recover, it's still OK to help slow down the speed of death."

How smart is Ito Koji, "So Brother Yang is optimistic about the company under Dongzhi?"

"bingo, Brother Ito is a god~"

Baa Baa Baa Baa Baa, these disgusting words can be said, they are really fooling around.
Chapter completed!
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