My rebirth is different

Page 732

In the Wal-Mart representative team, some people cheered in a low voice. Of course, Scott still looked calm, and the situation was under control.

"Sorry, Mr. Song, the reason why we chose Wal-Mart is because our company needs the assistance of Wal-Mart Group for our next business." Yu Wenfei said apologetically to the representative of China Resources.

"It's okay, this is business. It's understandable for you to choose what you think is the best." The representative of China Resources said casually.

…………

The China Resources delegation and the Carrefour delegation left, leaving only people from Wal-Mart and Carrefour in the conference room.

"Thank you, Mr. Fei, for finally choosing our Wal-Mart. I can assure you that you will never regret choosing us!" Scott promised, patting his chest.

"I just believe in this, so I chose Wal-Mart. But Mr. Scott, as an additional clause of this acquisition, I have a request." Yu Wenfei said with a smile.

Scott raised his eyebrows, and said without hesitation: "President Fei, please tell me!"

"After a while, I will launch an acquisition in North America, which may involve regulatory approval in your country. At that time, I hope that the Wal-Mart family can extend a hand of friendship and help us lobby your country's Congress and the Committee on Foreign Investment. " Yu Wenfei said.

Scott was a little surprised. What kind of acquisition needs the approval of Congress and the Committee on Foreign Investment, but he understands what this means!

Small-scale acquisitions do not need such a process at all. Only heavyweight acquisitions, even super acquisitions that will cause changes in the global industry structure, will attract the attention of Congress and the Committee on Foreign Investment.

Does this young man in front of him understand what he is talking about?

"Mr. Fei, are you sure your acquisition will attract the attention of the regulatory authorities?" Scott asked tentatively.

Yu Wenfei nodded, and said affirmatively: "Well, there must be this problem, so I chose Wal-Mart because of this acquisition. Otherwise, China Resources is actually a pretty good choice."

After thinking about it, Scott nodded cautiously: "If there is no problem in the process and law of Feizong's acquisition, I will report to the boss and ask the boss to help you."

He is also very smart, betting on the loopholes in advance, and ensuring that there are no problems in terms of procedures and laws, and then the Wal-Mart family will extend a hand of friendship.

If you break the law and discipline, then don't blame Wal-Mart for breaking their promises...

Chapter 626

Why did Yu Wenfei choose Wal-Mart?

Wouldn't it be good to choose China Resources Group? If we can cooperate with such a powerful and well-backed group like China Resources, we will have a strong ally in China in the future!

This is to talk about the Wal-Mart family behind Wal-Mart, which can also be called the Walton family.

"Fortune" magazine once commented on the Walton family: "Forget Bill Gates and Buffett. In the United States, it is the Walton family that really has an influence on the American economy and society."

From the perspective of family wealth, it is obviously the same. The wealth of the Walton family is more than the sum of the wealth of Bill Gates and Buffett; in 2003, the total wealth of the Walton family was more than 300 billion, which is even Higher than the GDP of Singapore!

What is a rich country, this is it!

Of course, no matter how rich the Walton family is, it has little to do with Yu Wenfei. What Yu Wenfei likes is the influence of the Walton family in North American politics.

Some people may say that none of the Walton family holds important positions in the political arena, so where is the influence?

This question is very simple, because the Walton family controls the employment opportunities of more than 100 million people in North America, and may indirectly affect more than 1000 million people!It is also the world's largest retail group!

These votes are enough to make any political dignitaries respect this family.

In 2003, the founder of Walmart, Sam Walton, died, leaving only his widow and four children.

Helen Robson Walton, wife of Walton Sr., is serving as chairman emeritus of Wal-Mart Corporation.He has four children with Sam Walton and owns $184 billion in assets.

Robson Walton, eldest son of Walton Sr., was 2003 in 58.Divorced with three children.Has assets of 290 billion US dollars.

John Walton, the second son of Walton Sr., was 2003 years old in 56.Married with one child.Has assets of 250 billion US dollars.

Jim Walton, the youngest son of Walton Sr., was 2003 in 54.Married with four children.Has assets of 310 billion US dollars.

Alice Walton, daughter of Walton Sr., aged 2003 in 53.Divorced, no children.With assets of 300 billion US dollars.

Look at this family...

All of them are billionaires!

In a money society like the United States, huge wealth means power, so anyone who really understands America knows the influence of the Walton family in North America.

…………

It just so happened that the company that Yu Wenfei was planning to acquire belonged to the United States.

And because this company is well-known and has a huge influence in the industry, if it wants to acquire it, it must be approved by the US Congress and the Committee on Foreign Investment.

It is said that this is a legal and compliant acquisition, and there is no reason why it should not be approved, but you should not think that foreigners are more efficient in handling affairs.

They are not friendly to foreign investors at all. They may review you for a year or so, and they will consume you to death!

So the best choice is to find someone to lobby and speed up the review.

So Yu Wenfei took this opportunity to get in touch with the Walton family...

Besides, even if the company is not acquired, the Facebook family, including the companies under Star Technology, will inevitably go to the world in the future.

It is also necessary to make some strong allies in the United States in advance.

The Walton family is obviously one of the best choices.

Not to mention that Wal-Mart's bid was the highest this time, even if their bid wasn't that high, as long as it wasn't ridiculously low, Yu Wenfei would sell Kellogg to them.

Sometimes, selling a business isn't just about the money.

…………

The two parties happily reached an acquisition intention and initialed the acquisition agreement, and there are still many procedures to go.

Naturally, Yu Wenfei didn't need to do it himself, and Zhou Mengyi could just leave the rest of the work to the matchmaking. After all the procedures were completed, it would probably take some time to actually announce the success of the acquisition.

Wal-Mart is indeed rich. This kind of huge acquisition of more than [-] billion yuan has not done any equity replacement or installment payment like other companies.

Scott readily stated that as long as there is no problem with the due diligence, after signing the formal acquisition contract, all the acquisition money will be transferred to the account designated by Yuwenfei.

120 billion RMB!

Even Yu Wenfei couldn't help being a little excited.

Of course, 20 billion of this was to be distributed to Hu Jinchang, and what he got was only 100 billion.

The money is still not enough.

I still have to think of a way and raise some funds to ensure that I can achieve my goal.

…………