ALL NOVEL Chapter 41 Acquisition Of Yitian Shopping Center
Since Li Yu asked Chen Xiran to resume production, Li Yu has shifted his focus to the storage company.
After all, offline sales channels are currently blocked by the three giants, and no one will choose to offend the three giants to support Soft Care Shampoo.
At present, Rouhu can only be sold on several e-commerce platforms and live broadcast platforms.
For offline channels, Li Yu currently has preliminary plans in mind.
Yitian Shopping Center Plaza is part of his plan. After many negotiations, both parties have almost reached preliminary opinions.
Lin Jiecheng looked at Li Yu and found it difficult to accept that the owner of Tiansheng Property, whom he had always thought was supported by a consortium, was so young.
"Mr. Li, I didn't expect you to be so young. I remember that I was still in college at your age."
As a veteran player in the business world, Lin Jiecheng's inner fluctuations do not show any abnormalities even on his face.
"Mr. Lin, are you the only one to negotiate this acquisition of Yitian Shopping Center Plaza?"
Li Yu stared at Lin Jiecheng and asked.
This transaction of more than 2 billion yuan is completely illogical for Lin Jiecheng to come forward now.
Lin Jiecheng quickly explained: "Mr. Li, don't worry. In fact, the board of directors has already discussed and reached a conclusion on this matter. I just came here to hand over the matter to you."
In this case, Li Yu stopped talking nonsense and started negotiating with the other party.
In recent years, Yitian Group has actually shifted its focus to the central region of the country. Pengcheng and Yangcheng have not developed new projects for a long time.
In the past five years, Yitian Group has launched more than ten projects in mainland China, mountainous cities, several cities in Sichuan Province, Kyoto and other places.
Everything was fine at first, but unexpectedly we encountered special circumstances in the past two years. Projects have been suspended several times, and the financial pressure is very high.
Now suddenly someone came to the door and wanted to acquire one of his properties. The price offered was so high that the board of directors ignored the refusal.
If all goes well and can earn more than two billion yuan, Yitian Group's finances will be restored to health immediately, and the suspended projects can be carried out smoothly.
After intense discussions throughout the afternoon, the two parties finally reached mutually satisfactory terms.
The most discussed aspect is actually the method of fund transfer. The other party requires Li Yu to transfer the funds at once.
Regarding this request, after going through Zhu Qi's team and previous cases, Li Yu naturally would not agree.
After final discussion, the two parties decided to divide the transaction into ten transactions.
For the first time, Tiansheng Zhiwu will bid 860 million to acquire Yitian Shopping Center Plaza, a subsidiary of Yitian Group.
All properties in the commercial shopping plaza, including the entire top floor area (currently leased to domestic first-tier cinemas and a certain amusement park chain).
There is also a two-story underground parking lot and an underground floor area (currently leased to foreign supermarket chain giants).
There are also several high-quality shops in the middle and an open-air plaza outside.
According to the agreement, Li Yu needs to transfer 30% of the first tranche of funds to the other party for this acquisition.
Then the other party began to cooperate in transferring the property rights to Tiansheng Zhiwu.
In fact, Yitian Group used this 30% to return it to the bank to unlock the mortgage status.
Then they were unlocked while trading one after another. Of course, Li Yu was aware of all this.
In order to investigate the status of the other party's property, Zhu Qi's team of more than a dozen lawyers worked overtime for many days.
Only after the investigation is completed, it is finally determined that there are no other legal risks to avoid failure to transfer the property rights at that time.
The contract stipulates that after the two parties complete the acquisition of the shopping mall, they must start the acquisition process of the other party's office building behind the shopping center within half a month.
Otherwise, the defaulting party must compensate the other party for liquidated damages of 150 million, and there is also a mandatory repurchase clause.
For example, if Tiansheng Zhiwu breaches the contract, in addition to paying 150 million liquidated damages to Yitian Group, Yitian Group can also request to repurchase the properties that have been sold, and the repurchase payment only requires 80%.
Conversely, if the other party breaches the contract, in addition to the liquidated damages required by Yitian Group, Tiansheng Zhiwu can also require the other party to contribute 120% of the capital to repurchase the property that has been sold.
In addition to these clauses, there are nearly 300 remaining detailed clauses, and both parties have marked possible traps in them.
After all, Li Yu is determined to win, and Yitian Group is afraid that the other party will have insufficient funds and the acquisition will fail.
"Mr. Lin, our company will send you the first payment. I hope we can have a happy cooperation in the future."
After signing the contract, both parties shook hands and Li Yu smiled.
Lin Jiecheng couldn't help but smile at this time. He had facilitated such a large-scale transaction, in which Yitian Group made hundreds of millions of profits.
He knows that his bonus this year is estimated to be several times that of previous years.
"Don't worry, Mr. Li, as soon as the money arrives, we will start operations immediately and guarantee that all processes will be completed within ten days."
Li Yu was very satisfied with the other party's assurance. After the two parties exchanged a few words, Li Yu left the headquarters of Yitian Group with his team of lawyers.
"Nanshan Yitian Shopping Center Plaza changed hands, who is the acquirer!" 》
"When a new real estate upstart appears, can the other party become a catfish?" 》
"Yitian Shopping Plaza changes owner, where will the tenants go?" 》
Although both parties are very low-key, the actions of Yitian Group cannot be hidden from the media.
In less than a day, a large number of rumors spread on the Internet, and many experts came out to express their opinions.
Li Yu has no time to pay attention to these things on the Internet.
When he returned to Tiansheng Zhuwu that day, he directly extracted the points from the system.
【Master: Li Yu】
[Age: Nineteen]
[Level: 5]
[Hang-up points per second: 500]
[Points: 1.25521 billion]
【Mall】
[Systematic Assessment: The rise of real estate tycoons, future industrialists? 】
1.2 billion is enough for the first phase of acquisition. When the first phase is completed, Li Yu believes that his points will rise to more than 1 billion by then.
1.2 billion was transferred to the company's account, and Li Yu immediately asked the finance department to make the first payment to Yitian Group.
…
"Xu Qing, help me make an appointment with the person in charge of the Pengcheng branch of Woerma Supermarket, and tell him that I am ready to discuss the contract renewal with him."
Wolma Supermarket is the supermarket on the first floor of Yitian Shopping Center. This branch contributes the highest profits to its parent company in China.
After all, most of the products sold in that branch are high-end products, and the profits are very considerable.
As a tenant, the other party will naturally receive a notice. After all, their lease term will not expire until the end of the year, and the contract for property rights change will also be transferred to Tiansheng Property.
Hearing that the other party wanted to see him, as the general manager of the Pengcheng branch of Woerma Supermarket, Liu Chen immediately said without saying anything that he would visit Tiansheng Company the next day.
As for asking Li Yu to come to her door, she really didn't dare to say anything. After all, many supermarket chains are very jealous of this position. If the other party doesn't renew the contract, she will not renew the contract.
I guess she can only take the blame and resign.
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