Rebirth of the Strongest Tycoon

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 the equity to become an important shareholder.

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

Moreover, this company that can become a shareholder is still the Korn Ferry International that will leap to the top of the world's headhunting industry in the future.

It is also the company that Xia Yu wants to invest in the most. Aside from the future prospects, Korn Ferry's talent pool is the most suitable for Xia Yu. It not only focuses on the level of ordinary executives and directors of Fortune 500, but also develops middle-level management. High-level hunting business.

The bottom-level employees are just grabbing a lot of them, and if a large company wants to develop well, it is still lacking mid-to-high-end talents. It is just that Korn Ferry can meet Xia Yu's requirements.

Moreover, Korn Ferry was also the first to set up a branch in Xiangjiang, and Xia Yu was very familiar with him. If he could become a major shareholder of the parent company of Korn Ferry, the Xiangjiang branch could be regarded as his territory, which would be of great help to him.

With anticipation, Xia Yu patiently read the two consultation reports, and a hint of understanding flashed in his eyes.

When he saw the otc transaction, he understood why Korn Ferry had not yet been listed, and part of the equity would flow out.

The source of everything came from 1972, seven years ago.

Korn Ferry was founded in 1969 on the West Coast of the United States by Lester Cohen, the two heads of the West Coast headhunting department of the former KPMG accounting firm, and Richard Ferry. Headhunting companies advertise, this strategy has led to the rapid rise of Korn Ferry.

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

Until 1972, when Lester Cohen, one of the two founders, was in urgent need of money, he traded a 25% stake in otc in the US over-the-counter market. Investment company to buy.

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

But you must know that otc over-the-counter trading has appeared more than a hundred years ago. This kind of transaction has no fixed venue, no regulated membership, no strictly controllable rules and regulations, and even no regulated trading products and restrictions. It is mainly a one-to-one transaction between counterparties through private negotiation.

When it first appeared, because investors at that time could only buy and sell stocks over the counters of the sales offices opened by securities companies and banks,

The over-the-counter market and over-the-counter trading are also named for this, another name for the over-the-counter market officially otc.

Closer to home.

The 25 percent stake that had flowed out of Lester Cohen in 1972 had also changed hands twice in the past seven years, when it was held by a major financial investment firm on Wall Street.

Goldman Sachs and Merrill Lynch both expressed confidence in helping Xia Yu complete the acquisition of this equity.

In fact, after reading the consulting reports given by the two companies, Xia Yu knew that the acquisition was not a big problem. After all, he was very aware of the nature of financial companies on Wall Street. As long as the US dollar was in place, there was nothing that could not be sold.

Now if Jiuding Securities Co., Ltd. comes to the door, he is also sure to acquire the equity.

However, because of the lack of connections and influence, even if Jiuding Securities Company can really complete the task, it will take a long time and may be slaughtered.

This is unacceptable to Xia Yu

If it was Goldman Sachs Group and Merrill Lynch, two Wall Street giants, it was easy.

Spend some money to get the equity early and safely, which is definitely worth it.

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

No way, at this time, Merrill Lynch was stronger than Goldman Sachs Group, and Merrill Lynch had a close relationship with that financial company, so it gave Xia Yu a lower price.

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

Merrill Lynch is very efficient.

Eight days later, 25% of Korn Ferry's shares were in Xia Yu's hands, and Xia Yu paid a price of 25 million US dollars.

After all, Korn Ferry has not been listed, and in order to develop, it has been in a state of loss, so the value is not very high.

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

I still remember in the past life, the market value of Korn Ferry International was billions of dollars after its listing. Now even if you count the fees of Merrill Lynch, according to the valuation of 100 million US dollars, there are still dozens of times of increase.

Such a large profit margin is a good investment for Xia Yu, not to mention that this investment will strengthen his career.

After the equity was obtained, Xia Yu entrusted Wang Qi to fly to the West Coast of the United States to represent him to attend the shareholders' meeting 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 a total of three shareholders.

Respectively, co-founder Richard Ferry holds 49% of the shares and is now the largest shareholder.

The second largest shareholder is another founder, Lester Cohen, holding 26% of the shares.

Originally, Lester Cohen was the largest shareholder holding 51% of the shares, but he sold so many shares, so he gave up the throne of chairman.

In the end, it was Xia Yu, who was only one percent less than Leicester Cohen.

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

But the two also knew that Xia Yuming's strength was on the surface, and they didn't want to offend Xia Yu too much.

In addition, Xia Yu asked Wang Qi's request to be of great benefit to Korn Ferry International. Therefore, after some discussions, the head office decided to intensify its efforts to develop the Asian market, and adjusted the original Asian headquarters in Singapore to Hong Kong. Headquarters in Asia.

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

After the confirmation, Xia Yu immediately summoned Robert Joyce, the general manager of Korn Ferry's Xiangjiang branch, who was also his old friend.

For his first major client to become one of his own bosses, Robert Joyce was also in a mess for a while, but fortunately he quickly recognized the truth.

After that, the Korn Ferry International 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 cake. Robert Joyce enthusiastically devoted himself to recruiting talents for Xia Yu. of the great cause.

A weakness in his career was beginning to make up, and Xia Yu felt a lot more comfortable.

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

A cross-ocean phone call from London ruined Xia Yu's good mood.

The call was from Huashengshi, who bought antiques for him. Someone was secretly making trouble, planning to slaughter Huashengshi or Xia Yu, who was behind him, as a fat sheep, and he acted viciously and insidiously.

After listening to Hua Shengshi's story, Xia Yu was annoyed

Tiger doesn't show his power, he really thinks he is heokitty

Rebirth of the most powerful tycoon

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