Rebirth Strongest Tycoon

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Among the top headhunting companies in the world, there is a company that is very likely to be acquired. Of course, it is not a wholly-owned acquisition, but a part of equity shares has become an important shareholder.

Even a part of equity shares is enough to make Xia Yu happy.

And this company that can take a stake is Korn Ferry, which will rank first in the world headhunting industry in the future.

It is also the company Xia Yu most wants to invest in. Leaving aside the future prospects, Korn Ferry’s talent pool is the most suitable for Xia Yu. It not only focuses on the ordinary executive and Global 500 board member this stage, but also opens up the hunt for middle management. Hiring business.

The employees at the bottom are plentiful and easily available, and if a large company wants to develop well, it lacks mid-to-high-end talents. It just so happens that Korn Ferry can meet the requirements of Xia Yu.

Moreover, Korn Ferry was also the first to establish a branch in Hong Kong. Xia Yu is also very familiar with it. If he can become a major shareholder of Korn Ferry’s parent company, Hong Kong Branch Office can be classified as his territory, and it will play a huge role for him. help.

With anticipation, Xia Yu patiently read the two consultation reports, and there was a hint of clarity in her eyes.

When he saw the OTC transaction, he understood why Korn Ferry had not yet been listed, and some equity shares would flow out.

The source of everything was in 1972, which is 7 years ago.

Korn Ferry was founded by Lester Cohen, two managers of the former headhunting department of the United States West Coast of KPMG, and Richard Ferry in 2 on the West Coast of United States. It has the spirit of “Western Cowboy” and is pioneering in newspapers. Advertise for a headhunting company, this strategy made Korn Ferry rise rapidly.

However, because of this publicity expense, the faster Korn Ferry grew and the greater the publicity expense, the company has not been profitable since its establishment.

Until 1972, Lester Cohen, one of the two largest Founders, was in desperate need of money, so he traded 2% of the equity shares on the United States OTC market and was bought by an investment company for 25 million USD. .

When it comes to shares trading, most people think of stock exchange.

However, you must know that OTC over-the-counter trading has appeared more than 100 years ago. There is no fixed venue, no specified membership, no strict controllable rules and systems, and even no specified trading products and restrictions, mainly A one-to-one transaction between counterparties through private negotiation.

When at first appeared, because investors at that time could only buy and sell shares on the counters of the salesrooms opened by securities companies and banks, the over-the-counter market and over-the-counter trading were also named, and the over-the-counter market was officially another name for OTC.

Closer to home.

In 1972, 25% of the equity shares that flowed out of Lester Cohen had also changed hands twice in the past 7 years, and were held by a large financial investment company on Wall Street at this time.

Both Goldman Sachs Group and Merrill Lynch expressed their confidence to help Xia Yu complete this equity shares acquisition.

In fact, after reading the consulting reports given by the two companies, Xia Yu knew that the acquisition problem was not big. After all, he knew very well the nature of Wall Street’s financial company. As long as the USD is in place, there is nothing that cannot be sold!

Now if Jiuding Securities Ltd. is asked to come to the door, he is sure to acquire the equity shares.

However, due to lack of contacts and influence, even if Jiuding Securities Ltd. can complete the task, it will take a long time and may be slaughtered.

This is unacceptable to Xia Yu!

Instead, the two Wall Street giants, Goldman Sachs Group and Merrill Lynch, came forward with no difficulty.

Spend some money to get equity shares early and securely, which is absolutely great value.

Therefore, Xia Yu immediately contacted Goldman Sachs Group and Merrill Lynch. After a comparison, Xia Yu chose Merrill Lynch as the partner of the acquisition.

No way, Merrill Lynch is stronger than Goldman Sachs Group at this time, and Merrill Lynch has a very close relationship with that financial company, and gave Xia Yu a lower offer.

On the premise that the success rate can be guaranteed, of course, choose the cheaper one. This is the rule of the business field. The skills are not as good as the others. Goldman Sachs Group has nothing to say and can only look forward to the cooperation between Xia Yu and Xia Yu.

Merrill Lynch is very efficient.

Eight days later, 8% of Korn Ferry’s equity shares were in the hands of Xia Yu, and Xia Yu paid a price of 25 million USD.

Korn Ferry’s is not listed after all, and for the sake of development, it has been in a state of loss, so the value is not very high.

Xia Yu didn’t know how much profit Merrill Lynch made from it, and he didn’t care.

I still remember the previous life, the market value of Korn Ferry after the listing was several billion USD. Now even if the Merrill Lynch’s handling fee is included, according to the valuation of 200000000 million USD, there are still dozens of times of increase.

Such a large profit margin is a good investment for Xia Yu, and even more how this investment will strengthen his career.

After the equity shares were acquired, Xia Yu entrusted Wang Qi to fly to the west coast of the United States to represent him to participate in the shareholder conference after the shareholder change.

Because Korn Ferry has not yet been listed and has never raised funds, the shareholder information is very simple, and a company has 3 shareholders in total.

They are the joint Founder Richard Ferry shares 40% 9, as the current first major shareholder.

The second major shareholder is another Founder Lester Cohen, who shares 20% 6.

Originally, Lester Cohen was the first major shareholder of 50% shares, but he sold so many equity shares, so he gave up the board-chairman’s throne.

Finally, Xia Yu is only 1% equity shares behind Lester Cohen.

Although Xia Yu came last, and Richard Ferry and Lester Cohen wore the same pair of pants.

But the two people also know that Xia Yu on the surface is strong and don’t want to offend Xia Yu too much.

In addition, Xia Yu’s request from Wang Qi is also of great benefit to Korn Ferry. Therefore, after some discussions, the head office decided to increase its efforts to develop the Asian market and adjust the original Singapore headquarters to Hong Kong. Kong is the Asian headquarters.

Korn Ferry Hong Kong Branch Office accepts the leadership of the parent company, but Xia Yu also has the right to escrow.

After confirming, Xia Yu immediately summoned Korn Ferry Hong Kong Branch Office General Manager, his old friend Robert Joyce.

Regarding his number one customer becoming one of his own bosses, Robert Joyce also fell into a mess for a while, but fortunately he quickly recognized the facts.

After the Korn Ferry branch received a large amount of resources from the parent company, Xia Yu, one of the new bosses, gave him instructions and drew a huge pie. Robert Joyce enthusiastically invested in recruiting talents for Xia Yu In it.

A weakness in her career is beginning to make up, and Xia Yu feels much more relaxed.

It’s just that there are always people in this world who don’t want Xia Yu to live a leisurely life.

A transoceanic call from London destroyed Xia Yu’s good mood.

The call was made by Hua Shengshi, who was buying antiques for him. Someone was secretly trying to kill Hua Shengshi or Xia Yu behind him as a fat sheep, and he was vicious and sinister.

After hearing what Huashengshi said, Xia Yu was annoyed!

If the tiger doesn’t show his power, he really treats him as hellokitty!