Chapter 429

UPS United Parcel Service and FedEx have once again expressed their intention to cooperate with Nicholas international e-commerce company, and are willing to take 1% of the profit from the express delivery fee to Nicholas international e-commerce company.

However, to their disappointment, Henry, as the boss of Nicholas international e-commerce company, did not care about the profit, but put forward the request of merger and acquisition. That is, to merge with Nicholas express.

With the rise of online shopping, plus Henry's strong financial support, Nicholas Express's development speed in recent years quickly catch up with FedEx, especially in overseas acquisition activities, almost crazy. Nicholas express company will buy a relatively large express company in almost every country, so as to quickly complete the construction and layout of overseas channels.

Today, Nicholas express company's appetite is growing, want to swallow the express giant! Of course, Nicholas express company's financial resources are naturally unable to meet the conditions, but with Henry's support, what company can't buy it!

Now, with the rise of Nicholas express, ups and FDX have been seriously affected. The cake is only so big. If there is one more person, there will be less for everyone!

Although it can be said that the cake can be made bigger, this big cake based on e-commerce has been taken away by Nicholas express company, while the traditional logistics business, Nicholas express company, like wolves and tigers, has rushed in

At present, the main business of ups and FedEx is in the United States. Naturally, there are local express giants in other countries, such as British express in the United Kingdom, Deutsche Post in Germany, Japan express and so on. These express companies are not only large-scale, but also have local advantages. Ups and FedEx want to seize their market, It's not easy. In particular, FedEx has no advantage in price and speed in Western Europe, Canada, South America, Africa and the Middle East. It is just equivalent to the ability of an ordinary express company. Only in Southeast Asia, FedEx can be regarded as the best express company. Therefore, it has a high reputation in China.

At present, with the rise of online shopping, local private express companies ushered in the development opportunity. Step by step, they began to impact the express giants, such as China's Shunfeng express. Since its establishment in 1993, it has developed very fast and began to challenge China Post. As for the foreign express giants, it's even more difficult!

The logistics industry is booming, and new express companies are blooming all over the world, which has a huge impact on the old international express giants. For ups and FedEx, it can be described as internal and external troubles. In recent years, the profit has begun to decline! Although there is no loss of money, but make less money, also have to cause attention and worry!

FedEx is one of the most impacted companies in the United States. Although both FedEx and ups are among the top ten express companies in the world, there is still a big gap between them. It can be seen from the profit alone that the annual profit of UPS is more than US $2.5 billion, while that of FedEx is only US $1 billion. The scale of UPS is huge, its market value is more than twice that of FedEx, and it is more competitive than FedEx in price and speed. Therefore, when the crisis comes, the weaker FedEx will be the first to be impacted.

As the saying goes, "to rob, you have to find a soft persimmon." Nicholas express naturally started from FedEx and robbed a lot of its users.

FedEx internal moment can feel a sense of crisis, the major shareholders of the company's management has had dissatisfaction. When they see Nicholas express growing, they are worried about the future of FedEx.

This time, after Henry put forward the merger plan, UPS directly refused, and there was a huge difference within FedEx. Investors proposed to merge the company with Nicholas express, because Henry offered a very attractive price and proposed a purchase price of 35 billion US dollars, which is 5 billion US dollars higher than the current market value of FedEx. But Fred Smith, the founder of FedEx, disagrees. He knows very well that once the two companies merge, the company will no longer belong to him, but to Henry Williams!

No one is willing to hand over the express Empire built by himself!

But investors are in trouble. They just want to make money. Nicholas express company has the world's richest man Henry Williams support, strong rise, invincible! FedEx has been established for 27 years and has long developed into a company at the top of the pyramid. The room for growth is already very small, but the probability of falling is very high. At present, FedEx is not a rival of Nicholas express in terms of financial resources and channels, and its market share will only be eroded bit by bit.

Therefore, Henry, as the investor of FedEx, is very willing to put forward the request of M & A this time.

The conflict between the founder and the investor is becoming more and more intense. It's not hard to imagine what the final result will be.

On October 10, after many unsuccessful discussions with Fred Smith, the investor finally decided to kick him out of the company! Fred Smith, who owns only about 5.1% of the shares, is powerless to resist.

Fred Smith's exit caused a huge stir in the media. Fred Smith's entrepreneurial history is full of legends. He is a leader in the American Express industry. He has been on the cover of time magazine many times and is one of the greatest entrepreneurs in American history.

In a short period of 27 years, he has developed a small company into one of the world's largest express delivery companies, with outstanding ability and attracting the attention of thousands of people!

But I didn't expect that such a legend was kicked out of the company by shareholders, which is really shocking.

The media were well informed and soon got to the bottom of the story. The next day, the newspaper said: "Henry Williams wants to buy FedEx, but Fred Smith is out!"

"The founder can't be the investor after all!"

"Fred Smith follows jobs!"

When Fred Smith was kicked out of the company, he sold all his shares and Henry bought them.

As soon as Fred Smith was out, the merger went smoothly. Within a week, Nicholas express completed the acquisition of FedEx, then applied for the delisting of FedEx, and then merged with Nicholas express, with Henry holding 90% of the new company.

As for the name of the new company, it is still called FedEx, but the word "Earth" is added in the brackets, that is, FedEx (earth).