When he came to Osaka, Abel's main purpose was to negotiate with Wudai Xiongsuke and others. He wanted to obtain part of the control of the Osaka Stock Exchange.
In fact, in a few years, Topix and Dasheng will merge. After the merger of the two, they will become the top three exchange groups in the world, ranking third in the world after the New York Stock Exchange and the NASDAQ Stock Exchange.
It didn't take long for them to be the third largest company in the world. Then China's rapid rise caused Neon People to quickly fall to fifth or sixth place in finance, ranking only above Europe's Euronext and the London Stock Exchange.
Now in 2003, there is no doubt that Neon's capital market and financial market are almost exclusively under the United States, and even above Wall Street's clone London.
It has a stronger real economy, a larger population, and is based in Asia where economic development is getting better and better.
In Neon's local financial market at this time, the market value of listed companies on the Topix and DSE alone is almost close to US$7 trillion.
Including the market value of companies listed on the Nagoya Stock Exchange, it exceeds US$9 trillion.
This does not include futures, foreign exchange and other markets. If all other financial derivatives markets are included, the Neon Financial Capital Market at this time has definitely exceeded US$12 trillion.
Although it is still not as large as the U.S. stock market at this time, it is, after all, the Neon People's country, the strongest empire in human history. It defeated the Red Bear's capital country. It is normal that the Neon People can't compare. But with the amount of financial capital they have at this time, they can still be proud of any country in the world except the United States.
Through complex cross-shareholdings and compromise exchanges with Morgan and others, Abel now holds a portion of the shares of the New York Stock Exchange, leaving only the shares of the Nasdaq Stock Exchange.
Becoming a shareholder of these stock exchanges, even if the shareholding is relatively low, can be regarded as the real banker behind the scenes. If you are not happy, you can even unplug the Internet cable...
Now, I just caught the opportunity of Dazheng, and he is in Asia.
So this evening, came the first day of neon.
Abel took his own think tanks and negotiated directly with the Fifth Generation Kumaji and the people from the Osaka Stock Exchange.
In short, as descendants of the father of Osaka's economy, the fifth generation of Tomohou, the fifth generation of the Osaka family controls about 35% of the shares of the Osaka Stock Exchange.
However, after World War II, the family for five generations has been in a period of decline, and even now it has not shown any sign of improvement.
As time goes by, the legacy left by the fifth generation of friends is no longer enough to support the fifth generation family to continue to control so many DSE shares. More and more people in Kansai are blaming the Fifth Generation Kumaji for occupying the latrine and being unable to poop, and more and more voices are asking the Fifth Generation family to give up its shares in Dazheng.
Under the pressure of reality and aware of the crime, the fifth-generation family recently chose to compromise and began to look for buyers of Dazheng shares.
After learning the news, at first only the wealthy families in the Kansai region were very excited and interested.
That was the Osaka Stock Exchange, Neon's second largest stock exchange, almost 80% the size of the Tokyo Stock Exchange. Being able to control or even just influence Dasheng means that it can have a certain degree of influence on Neon's financial capital market.
The key is that this kind of asset is guaranteed to return regardless of drought or flood. It is the highest quality asset. As long as it is a wealthy family, no one will not be interested.
If everyone didn't covet it, the fifth-generation family, one of the Kansai wealthy families, would not be forced to hand over its shares.
Just because their current strength is no longer enough to maintain it.
It was like this at first, but later when the news got out.
The big bosses in Tokyo over in Kanto gave up on hearing this, saying that you in Osaka are also neon people, and everyone is a neon person, so why can't we join?
The tycoons of Guandong also joined the competition for these original shares of Dazheng in the hands of the fifth generation family.
While this made the stocks held by the fifth generation Xiong Jie more valuable, it also put increasing pressure on the fifth generation family.
It would not be good for him to give these stocks to anyone. If he gives it to the Mitsui family, Mitsubishi's Yanqi family may have objections. If he gave it to the people of Kanto, his own people in Kansai would definitely not be able to spare him. If he leaves it to the Kansai people, then he won't want to think about Tokyo in the future.
In short, because it is too popular, it has become very difficult to do the fifth generation of Xiongsuke.
At this time, Wall Street and foreign financial capital, who learned that Wudai Xiong Jie wanted to sell the original stocks of DSE, also got involved.
Not only Wall Street, but also the Germans, French, and British in Europe are interested...
But for these countries, especially Wall Street in the United States. Neon Shangxia is almost undefended, or difficult to defend.
The DSE is not the TopSE, and it is not as sensitive as the TopSE. Even as a listed company itself, about 1/10 of its shares are held by foreign capital.
From this perspective, these powerful foreign capitals are indeed qualified to compete for these shares.
With so many competitors, it would be a good thing if the fifth-generation family is strong enough. They can sell their stocks at a good price without offending anyone.
But this situation itself is not true. If the fifth-generation family still has this kind of strength, then they will not sell the hot potato original stocks of the DSE.
The strength is insufficient, each competitor is stronger than the other, and no one in the fifth generation family can afford to offend, and the situation becomes more and more troublesome and terrifying for the fifth generation of Xiongsuke.
Finally, Abel happened to have recently arrived in Asia and was in South Korea next door.
The Mitsui family wants to get close to Abel so that the Mitsui family can obtain the backstage of one of the empire's super great moon retreats.
They felt that instead of being unable to snatch away other competitors, they might as well use the original stocks of the DSE in the hands of these fifth generation Xiong Jie as a gift for them to make good friends with Abel.
For the Mitsui family, the largest shareholder of TSE, it is certainly a good thing to get the original shares of TSE. There's actually no harm in not being able to get it, since their influence in this country is already deeply ingrained.
As long as Neon is there, they can always be there. Compared with minor benefits, what the Mitsui family now wants more is overseas benefits.
If these original stocks of Dazheng can be used as a stepping stone gift, Abel can formally become friendly and close to the Mitsui family.
The Mitsui family is naturally willing to do this kind of thing that requires only effort and no money to lend flowers to Buddha.
Moreover, in this way, the Mitsui family themselves can avoid competition with other people, and Abel's identity can also deter other competitors.
So after Mitsui communicated with the Fifth Generation family, Abel personally came to Osaka to negotiate with the Fifth Generation Kumousuke.
In the past, Wudai Xiongjie might have been reluctant to part with these hot potatoes, thinking that they were the ancestral glory of the family and selling them would be a waste.
After being tortured for several months this time, the fifth generation Xiongsuke no longer had such an idea, and the sooner he could get rid of it, the better.
So the negotiations went very smoothly, one wanted to sell and the other wanted to buy, and in the middle there were neon top chaebols like the Mitsui family acting as intermediaries. The 35.6% original shares of the DSE held by the fifth-generation family were valued at US$3.7 billion and signed an intention agreement, which will be transferred to Smith Capital (Neon) Investment Group.
Smith Capital (Neon) Investment Group is a wholly-owned Neon subsidiary of Smith Financial Group in the United States. It was established two years ago.
Originally, Dazheng, a neon financial core asset, should not have sold so many shares to foreigners.
But this is neon, and the buyers are Wall Street bosses, the upper echelons of America.
After the sale agreement is reported to Neon's regulatory authorities, someone may object and then reject the transaction as invalid.
If that's the case, then the Tokyo District Prosecutor's Office will have a new job.
Who said Neon is not a normal country? Most normal countries would find it difficult to veto an American acquisition, let alone an abnormal one like Neon.
As long as Abel is willing, it is obvious that both the Mitsui family and the Fifth Generation family feel that he can make Tokyo compromise. At the same time, he can also make most of the neon buyers give up this time, after all, they really can't afford to offend Abel Smith.
As for Wall Street and other foreign buyers, with the golden name of Abel Smith, the fifth generation Xiongsuke felt that he could not be afraid of them.
The negotiation process was very pleasant and ended after about an hour.
As the representative of the Mitsui family, Mitsui Fuyuko participated in the entire process - in fact, she was just a witness or mascot.
After the incident was over, it was just past seven o'clock in the evening. The fifth generation of Xiongsuke was very enthusiastic and wanted to invite Abel to have dinner, but Abel refused.
He had better arrangements, and Fuyuko Mitsui arranged them for him.
Don't get it wrong, it's a serious arrangement. After the negotiation with the fifth generation Kumousuke ended, Abel met Mitsui Fuyuko's father and uncle, Mitsui Suki and Mitsui Takaki brothers, in the same place.
The two brothers look very similar. According to Abel's aesthetics, they are both handsome old men in their fifties. They are not at all as vulgar as the neon old men played on some TVs.
This is actually normal. If they had bad genes, they wouldn't be able to give birth to a beautiful daughter like Mitsui Fuyuko.
When we met, we were also having dinner, which was a neon-style kaiseki meal. Kaiseki cuisine was originally a meal that the host invited guests to taste during the neon tea ceremony. But now it is not limited to tea ceremony, it has become another neon characteristic high-end food culture that has been successfully promoted to the outside world.
"Huaishi" refers to the meaning of a saint being held in his arms in Chinese culture. The form is "one juice and three dishes" or "one juice and two dishes".
This thing is extremely refined and more formal than formal French cuisine. Both tableware and food placement are very demanding. The portions of the food were small and considered works of art by some ignorant people.
High-end kaiseki cuisine costs a lot of money, but the attention of everyone at this dinner was obviously not on this neon top-notch kaiseki cuisine.
"I am very grateful to you two for your help in allowing me to obtain these shares from the Osaka Stock Exchange."
At the banquet, Abel was sitting cross-legged, with Edward, David and Alan behind him.
He raised his glass, which was a neon sake glass. Opposite him sat the Mitsui brothers and Mitsui Fuyuko.
"According to your banquet rules, I will propose a toast to you first."
Naturally, the Mitsui brothers didn't even dare to shout, so they took the first step to get rid of the sake in their glasses.
After drinking a glass of sake, which was tasteless to Abel, he continued to smile and said:
"Okay, we've finished talking about the matter with Mr. Godai. Mr. Mitsui, should we talk about the matter between us now?"
"That's great." Mitsui Takahiro immediately responded with a smile.
His brother, Mitsui Fuyuko's father, Mitsui Suki, quickly added: "This is what we hope too."
Abel nodded, put down his wine glass, and tapped his fingers lightly on the wooden table made of neon century-old beech, a rare god-level hardwood comparable to huanghuali.
Dudu——
"First of all, I am concerned about Mr. Hisaki Mitsui's suggestion that Sony Columbia Music Entertainment and Sony Pictures Entertainment have strategic cooperation with Smith Media at the same time. I doubt whether it will have any positive effects."
He looked at the Mitsui brothers, whose expressions began to look suspicious because of his words, and continued:
"Sony has been cultivating the market in the United States for more than ten years. The effect - I think you understand it. As for the reason, I think you also understand it."
The Mitsui brothers lowered their heads slightly and looked at each other.
How could you not understand? Wasn't it just that the Daddy Kingdom was deceived into taking over the deal? After the takeover was successful, there were all kinds of restrictions, both overt and covert.
How high-spirited Sony was when it successfully acquired Columbia Pictures Group for a sky-high price of nearly $6 billion.
You must know that that was US$6 billion in 1989, and the Red Bear's disclosed military expenditure at that time was only US$150 billion.
In other words, Sony's acquisition of Colombia cost the Red Bear 4% of its military expenditure.
No matter how you look at it, this was a sky-high acquisition at that time, an absurdly expensive premium acquisition.
At that time, almost all the neon conglomerates were proud of their entry into the United States.
Neon people imagine that things that cannot be obtained on the battlefield or in reality can be obtained peacefully in business through economic means.
However, a dog is still a dog after all, and the dog leash and dog beating stick will be there all day long. No matter whether the dog is an Akita or some kind of mad dog, it cannot escape the control and sanctions of its owner.
It only took a few years to complete the operation. The Neon consortium was almost completely defeated. They vomited back almost everything they ate from the Americans. After more than ten years, only Sony is still struggling and being bloodletted...
During this period, the Mitsui family never thought of giving up. They didn't want the $6 billion!
The Americans did not give this opportunity at all. When no one took over, the Mitsui family could only let Sony have unlimited blood transfusions to support the Sony Columbia gang.
Fortunately, Sony Music makes money, otherwise the Mitsui family would be depressed to death.
In a parallel time and space, since taking over in 1989, Sony Columbia did not see profits for the first time until the filming of Spider-Man was successful. However, once the Spider-Man trilogy ended, Sony Columbia's profits began to cheat again.
Had it not been for the subsequent successful acquisition of MGM, it would have continued to suffer losses.
In this time and space, Sony Columbia's luck was taken away - someone used a very dishonorable and very unfair method to snatch the IP copyright of Spider-Man from Sony Columbia.
MGM is also his now, and later he also suppressed the two Sonys in the United States in an all-round way, which made the Mitsui family behind Sony extremely depressed.
But now the guy who caused all this is here to say such things.
If they weren't outnumbered, the Mitsui brothers, who were looking at each other with their heads down, might have wanted to fight back violently to show him off.
Seeing that the two brothers were silent, Abel chuckled lightly.
"Ha ha--"
"Okay, let me put it bluntly." He said: "Strategic cooperation is actually meaningless. Americans don't recognize this. For more than ten years, they have identified "Colombia", "Sony" and "Sony Columbia" as "Columbia". "Things of the Rainbow People". As long as these names are here, no matter who you cooperate with, no matter how close your strategic cooperation is, it will be difficult to eliminate the discrimination and exclusion of you from all over the United States."
"If you really want to integrate into the United States, at least let Sony Entertainment integrate into the United States. There is only one way."
"The solution is to completely join Smith Media and exist as a subsidiary of Smith Media!"
The Mitsui brothers, who had always been quiet, heard Abel's extremely excessive method, Mitsui Suki finally couldn't help but said:
"Mr. Smith, is this the result of us warmly welcoming you to Neon and helping you in all aspects? We want to gain goodwill from you, but in return you want to steal our things? Mr. Smith, Do you think this is appropriate?"
Abel didn't care about Mitsui Suki's anger. He waved his hand and said:
"Listen to me! Of course Smith Media will not ask Sony to join empty-handed. We can directly merge into Smith Media with Sony's current market value in exchange for original shares of corresponding value in Smith Media."
"The current market value of Smith Media——"
Having said this, Abel paused and looked at the three people behind him.
Allen, the chief consultant, immediately said softly: "As of now, the latest market value of Smith Media is about US$305.6 billion."
"Did you hear that? Mr. Mitsui, the world's most valuable entertainment company!"
Abel smiled and turned back to the Mitsui brothers, "To express my goodwill, Smith Media can accept the merger at a value of 1.1 times the market value of Sony Entertainment. And there is no restriction on the sale of these shares. With Smith Media's current popularity in the market The popularity makes it easy for you to cash out these stocks."
"Are you telling the truth?" Mitsui Takahiro suddenly said: "I am referring to the last condition. The redeemed Smith Media shares can be cashed out freely? And can this clause be written in the transaction contract?"
Abel smiled and nodded, indicating that this was what he meant.
This time, the Mitsui brothers all raised their heads, showing some surprise.
Sony has always thought about cashing out Sony Colombia.
Since entering the game in 1989, they have been purely losing money and gaining presence. But because of the restrictions imposed by Americans, I can't even maintain a good sense of existence.
Throughout Sony Colombia, 95% of employees are Americans. The remaining 5% of employees are Neon people, but none of them can hold important positions. Up to the chairman, CEO and key managers of various departments, they are all Americans... Only some unimportant deputy positions can be held by Neon people.
It is better to say that Neon Man is the boss of Sony Columbia than to say that Neon Man is the boss of Sony Columbia.
Except when Sony's parent company needs blood transfusions due to losses, Neon people have a sense of presence in the company. At other times, it's really just about face.
In order to maintain this face and hot potato that cannot be thrown away, Sony has spent nearly tens of billions of dollars in blood transfusions. Even a family as big as the Mitsui family cannot afford such a bottomless pit.
But the Neon people are not allowed to leave...or the value given is outrageous. If Sony really wants to leave, it will have to bleed a lot of money.
The Mitsui family has suffered a total loss of nearly 20 billion US dollars in this business over more than ten years. How can they accept losing all their money?
Now Abel has given them the opportunity to leave the market and paid a 10% premium. This really makes the Mitsui brothers a little excited.