Masayoshi Kobayashi hurriedly said, “This is okay, but don’t know how you want to advance, Mr. Ito?”
Ito Takehiko said: “I want to make a deal with your company and make two deals with you personally.”
Kobayashi Masayoshi said: “Please speak.”
Ito Takehiko said: “The transaction with Kobayashi Pharmaceutical is an agreement that I intend to take a 30% stake at a valuation of 15 billion USD.”
Kobayashi Masayoshi said embarrassingly: “Mr. Ito, the current value of Kobayashi Pharmaceutical is probably more than 20 billion USD, and your price is 15 billion USD, which is really a bit less…”
Ito Takehiko said lightly: “Don’t worry, I will discuss two deals with you next.”
As he said, Ito Takehiko said again: “The first one, as long as you can make me buy Kobayashi Pharmaceutical at a valuation of 15 billion USD, then I will privately give you 200 million USD in cash.”
“The second pen, as long as you help me make this happen, I will not only give you 200 million USD in cash, but also consolidate your position in Kobayashi Pharmaceutical. I can assure you at that time whether Jiro will come back or not. You can sit firmly as the chairman of Kobayashi Pharmaceutical Co., Ltd.!”
Although the Ito family is the top family in Japan, it does not mean that Ito is a generous person.
He has always wanted to buy shares in Kobayashi’s, to make a fortune with its medicine line, and he has always wanted to keep the price of shares as low as possible.
If it is a valuation of more than 20 billion USD, if he wants to invest 30% of the shares, he has to pay at least six to seven billion USD in cash.
However, if the valuation can be reduced to 15 billion USD, which is also a 30% shareholding, it will only need to pay 4.5 billion USD, which can save more than one or two billion USD
When Kobayashi Masayoshi heard this, the first thought in his mind was that he didn’t want to make such a big hole for Ito. After all, this was a price difference of more than two billion USD, and the amount was huge.
However, when he thought that he could return cash to him privately and ensure that he would sit firmly as the president without any interference, he was vaguely moved.
After thinking about it, he opened his mouth and said: “Mr. Ito, since you have said so well, then I will not hide it with you. If you can privately return me five hundred million USD, then you can ensure that I sit firmly in the chairmanship. , Then when I have a meeting, I will try my best to promote the Ito family’s stake in Kobayashi Pharmaceutical!”
FAQ Novel
Q: What is the primary business discussion taking place?
A: The primary business discussion revolves around the acquisition of a significant stake in Kobayashi Pharmaceutical.
Q: What types of deals are being offered by Mr. Ito?
A: Mr. Ito is proposing to acquire a 30% stake in Kobayashi Pharmaceutical and is also offering two personal deals to Masayoshi Kobayashi, one of which includes a 200 million USD cash payment.
What are your thoughts on the unfolding events in this chapter?