Chapter 1996

If Feng Yu were a California consortium, it would be impossible to give the absolute control to outsiders. Feng Yu and Huang must be the community of interests. If they were to unite, wouldn't they be able to raise their California consortium?

Now, even if the port is not expanded, it has business and can make money, but the profit will be less and less, going downhill.

So they would rather make less money than give up all their power. Now I'll give you an executive position and roll it around. Who will they talk to?

Feng Yu pointed out this condition directly, eliminating the other party's concerns and striving for the best interests for himself. Since we are going to rebuild this port, we will certainly make more money in the future, with more than 1% of the shares, and more than 1% of the future.

Of course, it also depends on how much they invest. Both Feng Yu and Huang don't care about the amount of investment. If they can acquire all of them, they will not hesitate to pay 30% of the premium, which is too important for the world port layout of he Huang.

"Feng, do you know what ports and wharves we have cooperated with this time? Do you know how much you need to invest to dilute our equity to 35%? " Eric couldn't help saying.

Feng Yu glanced at Eric and said, "Oh, how much are your ports worth? This time, not only do we have to take out the money, but you also have to take out the money, otherwise your equity may be diluted by less than 35%. "

Feng Yu and he Huang plan to invest more than 10 billion dollars, or even 20 billion dollars, if there are so many ports for them to rebuild.

How much is a small Wharf in a port, only a few hundred million dollars. What does this mean for Feng Yu and Huang?

Reed glared at Eric. He complained a lot. I was the main person in charge of the negotiation. You came to help me negotiate the railway. What did you say?

"Feng, we have to pay for it, too? This seems to be a little different from what we think. According to the plan, we will cooperate with you in five ports, each including berths, mechanical equipment, stacking yards, warehouses, etc., with a value of at least $700 million. You want to be a big shareholder, so you can't go too far? So will you invest more than $10 billion? "

Even if the five ports are all calculated according to the highest price of 800 million US dollars, then there is only 4 billion US dollars worth. In fact, Feng Yu knows that the offer is a premium. Now we need Feng Yu to invest more than 10 billion US dollars, which means a lot of premium. These guys are greedy.

Feng Yu looked at Li zeju and he said, "what you want to show is the ports in Los Angeles, Seattle, San Francisco, long beach and Auckland, right? These five ports are all well located, but they are all very old-fashioned. Our assessment of them is only three billion dollars in total. "

"Now, as you put it, you seem to have calculated it at six billion dollars. It's a great appetite to have a premium of 100%

Li zeju is a little annoyed. We really want to invest in the ports of the United States, but we can't be the wrong leader either. The annual profit of the port is only so much, let alone that we have to invest so much money.

Even for the sake of strategic layout, we have not spent so much money. Feng Yu was not very clear about these situations, but they knew Huang very well, and even Huang knew every port in the United States very well.

"Reed, I'll work out a bill for you. According to our plan to expand the port and wharf, each port and wharf needs to invest as much as US $7.8 billion in equipment renewal cost. What's more, we need to have a larger stacking yard, a larger warehouse, a larger berth, and even a reconstruction of the water depth near the wharf. "

"Taken together, the cost of upgrading each port terminal may exceed two billion dollars. If we take out the 10 billion US dollars, of course, it's no problem, but your shares directly appreciate by nearly twice. Do you think we will do such a business? So you also have to give a sum of money, so that our investment can be equivalent. "

Reid and Eric have a look at each port. The cost of upgrading each port is more than two billion dollars? This is far more than the value of a wharf. What kind of large port wharf do they want to build?

Do they intend to annex other adjacent berths and yards? If so, then the ports of the United States will be respected by the west coast, which will inevitably bring more profits, and their ports will become complete night ports.

It's just that the cost of mechanical equipment transformation is so high, which they can't promise because of the problem of workers' employment.

……