Chapter 78 Joint Acquisition
Now the one in charge of Li's TV station is still the Australian consortium, but Duqi is not going to meet these Australian consortiums. After Duqi acquired Li, their people had contact with Duqi, and they said that they wanted to sell the shares in their hands to Duqi.
Obviously, after taking over Li's TV station, I found that it was not easy to make money, and these Australian consortiums did not intend to operate a Hong Kong TV station as a business.
However, Duqi did not agree because he could not stay in Hong Kong for a long time to run a TV station. After all, in Duqi's opinion, Hong Kong is still too small. Although there are many opportunities in memory, the development prospects in the United States are still better. In recent years, Duqi's layout has been the key to Duqi's layout. He will not want to miss the opportunity.
What Du Qi wanted to meet was that he really wanted to run a TV station well, that was to acquire Li's last life and change Li's to Qiu Degen of ATV's Qiu.
Like the King of Shipbuilding, Qiu Degen is from Ningbo, Zhejiang. He was born in Shanghai in 1924. He went to Tsuen Wan, Hong Kong to operate a theater in 1950. He bought the Liyuan Amusement Park in 1962. He opened the Far East Bank in 1958. In recent years, he has invested in the hotel industry and has developed very well.
In his previous life, Qiu Degen officially acquired 50% of Li's shares in July 1982 and changed his name to ATV. However, at this time, Qiu Degen already had the idea of buying a stake in Li. After receiving the news that Duqi acquired 39% of Li's shares, he contacted Duqi through Li Jiacheng. Based on his memories of his previous life, Duqi naturally did not find his purpose.
Now in Hong Kong, British foreign banks still occupy a very important position. Most of them regard Hong Kong as a private place to harvest profits. However, as the return date approaches, the domestic market is strong, and some foreign banks have gradually begun to want to withdraw from Hong Kong. This is why they sold Li's TV station to the Australian consortium in the early stage.
It is also an important reason why Duches was able to get the remaining shares of Li's TV station so easily.
At this time, Qiu Degen was nearly 60 years old, but he was still very energetic. The two met in a teahouse. As the waiter made a graceful and quiet tea-making action, the tea cup in front was filled. Duqi picked up the tea cup and sipped it gently, saying, "I don't know much about tea, but this tea gives people a very good feeling, and it has a long aftertaste."
Qiu Degen smiled and said, "Haha, you don't tell any lies. How can I compare to Hong Kong in the United States? It's not easy to get good tea. I have some of the best teas here. I'll send you some of them back when I go back. You can taste them even if you have nothing to do."
Du Qi did not refuse: "I think the tea collected by Mr. Qiu is a good thing, so I'm disrespectful."
The two of them said a few polite words. Seeing that Du Qi had not been involved in the main topic, he was not as calm as a young man, Qiu Degen took the initiative to ask: "I heard that you acquired 39% of Li's shares some time ago."
"This is indeed the case." Du Qi said: "I am optimistic about the development of Hong Kong in the next ten years. I plan to invest in the film and television industry and acquire Lide's shares. This is the first step."
After hearing Du Qi's explanation, Qiu Degen frowned slightly. This was different from what he expected, but he still said: "Actually, I asked you here this time for Li's TV Station shares. I had been interested in running a TV station and was preparing to make a purchase of Li's. Unexpectedly, you took the lead and acquired 39% of Li's shares. I hope you can sell the shares to me. I am willing to bid 60 million Hong Kong dollars."
After hearing this, Lin Guan next to her couldn't help but look excited. When Duqi acquired Li's TV shares, the price was only HK$47 million. With this change of hand, she could make tens of millions of HK$, which made her think that money was really easy to make. Then she looked at Duqi again and felt that Brother Qi was really amazing.
However, Du Qi did not agree, but thought for a moment before saying, "I can see that Mr. Qiu really wants to run the TV station well, but I don't leave just to make a fortune. If Mr. Qiu is interested, I think we can cooperate."
"Cooperation?" Qiu Degen said without moving, "You talk about it first."
Although Duqi is young and even looks like he is seventeen or eighteen years old, he has no intention of being underestimated. In terms of wealth alone, Duqi is already above him. Being able to succeed one after another cannot be summarized by the word "good luck".
Du Qi said slowly: "Like Mr. Qiu, I want to run the TV station well and develop it strongly. But now I have only 39% of the shares in my hands, and it is not easy to achieve the holding. So I want to join forces with Mr. Qiu, acquire the shares of Li's TV station in the Australian consortium, and then run Li's TV station together."
“How to operate together?”
"I hold a total of 49% of the TV station's shares, and the other 51% will be managed by Mr. Qiu. After the acquisition is completed, we will invest together to transform the TV station. I am willing to hand over the daily management of the TV station to Mr. Qiu."
Qiu Degen was stunned: "Don't you plan to manage the TV station yourself?"
Du Qi smiled and said, "Old Qiu should know that I still have studies to complete in the United States and a company is operating. It is impossible to stay in Hong Kong all the time, so even if I hold shares, I have to find someone else to take charge. Instead, it is better to leave it to Mr. Qiu. With Mr. Qiu's ability, I believe that there is no problem to stabilize Li's current situation and take the TV station to a higher level."
After hearing what Duqi said, Qiu Degen began to think about it. He had just contacted the Australian consortium recently, but unfortunately the other party asked for a high price. Especially after Duqi acquired the shares of Lion TV station in the British, the people of the Australian consortium even wanted to raise the price with the help of Duqi's existence.
Qiu Degen naturally refused to suffer losses, so he contacted Duqi, hoping to find out from him and see why Duqi acquired Li's TV station. If possible, it would be best to acquire the shares of Li's TV station in Duqi's hands.
Now that Duqi has put forward such a cooperation plan, it is also a good choice for Qiu Degen, because Duqi is willing to give up his absolute controlling stake. In this way, Qiu Degen is in an active position. Even if Duqi regrets, he wants to intervene in the TV station, it will not be easy.
Moreover, if the two companies jointly acquire each other, the Australian consortium will not have enough support for price increases. When negotiating prices, it can save a lot of money to invest in the development of TV stations, which is also a good thing.
Chapter completed!