Chapter 1243: The Last Frenzy

According to the previous cooperation plan, the 120 billion yen that Wells Fargo Bank financed for the Torii family was pledged with 50.4 million shares to be acquired in the future.

Now, after a fierce battle, the Torii family has bought 38.64 million shares, accounting for 9.2% of the company's total share capital, which is 11.76 million shares short of the established target.

However, the total acquisition funds, including their own and financing, amount to 123 billion yen, of which 113 billion yen has already been spent, leaving just 10 billion yen.

In the current situation, it is impossible to buy 11.76 million shares with 10 billion yen.

According to the planned action plan, the current action can be said to have failed.

In theory, Keizo Torii should have withdrawn in time and sold the 38.64 million shares that he was about to enter, and he would likely have made a profit of more than 15 billion yen.

Together with the remaining 10 billion yen in his hands, he would have 25 billion yen in capital.

If he ends the contract in time and repays the 12% interest agreed with Wells Fargo, he will still have 10.6 billion yen left.

This is all profit!

This is no small amount of profit!

If he follows the company's shareholder dividend from previous years, he won't be able to get this much in ten years.

But Torii Keizo is not willing to give up.

People are like this. The most painful thing is not having no hope, but seeing hope and having to give it up with a heavy heart.

Now Torii Keizo is faced with this choice.

Previously, the Torii family held 21.7% of Suntory's shares, and now they have acquired an additional 9.2%, bringing their total shareholding to 30.9%.

They are only 2.5% short of the 33.4% threshold.

This gap is already very small.

What's more, Jiuding Securities' current shareholding is only 28%, and Mitsui Securities' should be even less. The advantage is already on their side.

With a little more effort, they will be able to achieve their goal and not have to worry about the family-run company being taken away after running it for most of a century.

According to the current market situation, although the acquisition cost has further increased, if a share price of 3,800 yen per share is offered in private negotiations, they will definitely be able to win.

At this share price, that would require only 44.7 billion yen. After deducting the 10 billion yen he already has, he would only need to borrow 34.7 billion yen, rounded up to 35 billion yen.

He has borrowed more than 100 billion yen before, so now it's just a matter of borrowing another 30 billion yen...

Seeing that Torii Keizo was silent for a long time, Maruyama Toshi's mouth slightly lifted.

It seems that the analysis before I came was correct. Keizo Torii values Suntory very highly and will not give up easily unless he has no other choice.

It's time to add a little fuel to the fire.

Maruyama Toshi said very understandingly, 'Torii-san, the stock price of your family's company has now broken through 2,000 yen per share. I took a special look when I arrived, and the stock price is 2,147 yen per share, which is more than double compared to the beginning.

'And judging from the situation, it will continue to rise in the future. I think the value of your family's company stock is very worthy, and you can get a higher mortgage ratio.'

Maruyama Toshi kept saying 'your family's company,' which made Torii Keizo feel pleasant, but at the same time, his reluctance grew stronger.

This is their own family company, do they really have to give it up?

If he just watched the company being taken away by his enemies, how could he face his dead grandfather and father!

At this moment, Torii Keizo's mind seemed to flash with the earnest teachings of his father and grandfather, as well as the pride and pride he felt when mentioning the family company...

A resolute look flashed in his eyes, and he looked directly at Maruyama Toshi, solemnly asking, 'Maruyama-kun, if I want to use our current stock to take out a mortgage, how high a percentage is Fukoku Bank willing to give?'

'Eight floors!'

Maruyama Toshi said without hesitation.

An 80% loan-to-value ratio for a stock mortgage is extremely high.

However, Torii Keizo was not satisfied. He shook his head and said, 'Maruyama-kun, this ratio is too low.'

'As you said, Suntory's stock price has an amazing potential for growth. An 80% loan-to-value ratio based on the current stock price is too low.'

'You were quite sincere before, when you gave us the loan, based on 50.4 million shares, which is equivalent to more than 2,400 yen per share.

'Now that Suntory's stock price has risen a lot, I think it is more appropriate to mortgage 2,500 yen per share.'

Maruyama Shun wore a wry smile and said with difficulty, 'Torii-kun, I was already criticized after the last time I offered such generous terms when the news reached headquarters. This time, I really can't offer such a high percentage. Now my competitors are already criticizing me, saying that I must have accepted your bribe, so I am lending money in violation of the rules.'

'In other words, I have people above me who are covering for me and absorbing the pressure, so I haven't been investigated.'

'I'm now in the spotlight, and there are quite a few people watching me. You can't just stand by and watch me lose my job, and even bear legal liability, can you?'

Having heard this, Torii Keizo had no doubts. After all, Maruyama Toshi had really given him a big hand last time, and he was very grateful.

But despite his gratitude, he still had to think of his family's interests as much as possible.

'Maruyama-kun...'

...

After some difficult negotiations, the two finally reached an agreement.

The Torii family would be able to borrow 35 billion yen from the Fukoku Bank at a 10% interest rate, two points lower than the previous time, as the risk was lower than last time.

This time, the 17 million shares of stock had to be handed over in real, and the payment was made in full. As long as the risk settlement clause was not triggered, the Wells Fargo Bank had no right to dispose of the 17 million shares of stock.

Of course, after the deal was settled, it did not mean that this was the final result, because this was only Torii Keizo's attitude. He still had to call a family meeting and go through the process of democratic consultation.

Although it was likely that the family members would not object...

Sure enough, after Maruyama Shun left, Torii Keizo immediately had someone notify all the family members eligible to attend the family meeting, and another meeting was held that night.

In the end, the decision of user Torii Keizo was passed unanimously.

The islanders have the genes of madness and refusal to give up in their bones. They previously dared to bet on the country's fortunes together, and now this decision of the Torii family has a much lower risk. How could they not dare to gamble?

In order to reduce the acquisition cost, that night, Torii Keizo directly informed Maruyama Toshimi of the decision over the phone, and then early the next morning, he went directly to Wells Fargo with the proof of equity, signed the agreement on the spot, and withdrew the money on the spot.

Once he had 35 billion yen in his hands, together with the remaining 10 billion yen, he had a total of 45 billion yen, which Torii Keizo invested in the acquisition.

It only takes the acquisition of another 2.5% of the equity. At last night's family meeting, three small shareholders with sufficient equity and a high degree of certainty had already been selected and negotiated.

Before he came to Fukoku Bank, other key members of the family had already led separate teams to negotiate the acquisition.

...

And not long after Torii Keizo left, the news that he had mortgaged another 35 billion yen passed through several hands and reached Xia Yuer's ears.

This time, Xia Yuer smiled.

The Torii family was making a last-ditch effort.

'Haha, the final madness is here, and it's about time to close the net!'

Xia Yu stood with his hands behind his back in front of the French windows at Jiuding Securities, looking out at Mount Fuji in the distance, feeling very relaxed, and chuckled lightly.

Wang Qi and Matsumoto Yu, who were standing next to him, also laughed...