After thinking about it for a while, Ronald felt that this was a good opportunity to cash out.

If you miss this opportunity, will there be any future, that would be bad.

However, those shares cannot be sold casually. If the shares in the hands of family members are subject to restrictions.

For example, the remaining family members have priority refusal.

That is, if the foreign acquirer and the rest of the family members are offered at the same price, they can only be sold to internal members of the Lauder family.

But Ronald knew that his eldest brother Leonard would definitely not buy it. It was not that he didn't want to buy it, but that he couldn't afford it!

Don’t acquire at a premium. Just based on the current stock market value, the shares you have are worth 6 billion US dollars!

Where can I find so much cash for my eldest brother Leonard?

Besides, isn't this Pete still a premium...

Ronald suddenly thought of this key question and asked eagerly, "Mr. Pete, what kind of premium is the other party willing to offer? You know, these shares are restricted shares, and family members have the right of priority to refute. If the other party's purchase price is not high enough, it may..."

Although he hadn't finished speaking, his meaning was already very obvious.

Pete smiled knowingly, "The price is definitely satisfying Mr. Ronald, a premium of 40! Pay in one lump sum!"

Hearing the number of 40, Ronald's breathing became rapid, which was a huge sum of money.

If a stock with a market value of 6 billion US dollars is at a premium of 40, wouldn’t it be possible for me to get 8.4 billion US dollars!

And it is a one-time payment!

You should know that generally involves huge transfers, and it will take a long time to pay the money. Usually, the down payment is a certain proportion, and a portion of the money will be paid in the medium term, and it will be settled in two or three years.

This is real cash. How many people around the world can take out so much cash?

Those top rich people with a net worth of tens of billions of dollars may not be able to afford so much money for a while.

If you get more than 8 billion US dollars, you can really become the richest small group of people in the world.

What kind of artwork, don’t you buy it yourself?

If you run for a state assemblyman or something, you will have enough financial support. By then, will you live a much more comfortable life than you are now?

Although he was very jealous of the huge sum of money, Ronald had not lost his mind yet. He continued to ask, "What is the background of the acquirer? You know, if it is a competitor, I'm afraid I have to consider it and discuss it with the family members."

If it is really a company like Procter & Gamble, L'Oreal, etc., Ronald really needs to be more cautious, and it is easy to cause major events.

"Mr. Ronald doesn't have to worry. The acquirer comes from a European fund with a royal background and is not a competitor of Estee Lauder." Pete assured.

Ronald was relieved now, and he said solemnly, "In principle, I am willing to talk to the other party about this matter, and I will talk to him as soon as possible. However, I want to have a question with my brother, and he has the right to refute."

Pi Te nodded and smiled and said, "Of course it's okay. If you want to meet and negotiate with the acquirer, call me at any time."

Then, he pulled out a gold-hot business card and handed it to Ronald with both hands.

...

After driving his own Bentley, Ronald called his brother Leonard in the car.

Their brothers haven't been on the phone for a long time. The last time they talked on the phone... it should have been two or three years ago, because of Ronald's transfer of shares.

"Hey, Leonard."

Of course he wouldn't call him brother.

"Is there anything wrong?"

On the other end of the phone, Leonard's tone was not enthusiastic.

"In the company or at home? Have a business matter to talk to you about," Ronald said.

"Haha, of course I am in the company. How could I be like a major shareholder, and I don't care about anything in the company and spend money every day and be free and easy." Leonard said sarcastically.

Ronald was angry. Did he do this before?

It’s not that you are arbitrary and you have to decide everything by yourself! After a long time, you are too lazy to go to the company.

"Okay, I'll go directly to your office and wait for me."

He simply hung up the phone. Ronald didn't talk much nonsense. The car made a sharp turn and drove towards the company headquarters.

...

In Leonard's office, the two brothers sat face to face.

"Leonard, I am ready to cash out the shares. Now there is a big buyer who is ready to acquire them all." Ronald said briefly.

Leonard, who was already calm and calm, stood up in shock and asked, "Who is it? Who is going to acquire your shares? In addition, why do you want to cash out your shares? And you are taking action!"

Ronald smiled and said, "What do I keep the shares? Do you think the stock price of Estee Lauder can continue to rise? Wake up, my brother, the traditional industry has long declined, and everyone's attention has been focused on Internet companies."

"Hu Badao! The Internet industry may be popular all the time, but traditional industries will never decline! Now is just a temporary trough for Estee Lauder, and you will regret it in the future."

Leonard waved his arms and retorted angrily.

Regarding such a question, the two have argued too many times, so Ronald is too lazy to continue arguing with his brother.

Ronald felt that his brother was always immersed in the glory of Estee Lauder in the previous two years and was unwilling to wake up.

I can never wake up a person who pretends to be sleeping, so why do I have to spend that energy to argue with him?

He waved his hand in dissatisfaction, interrupted his brother and said, "Don't have the useless ones. The other party has quoted. You have the right to choose the right to acquire the offer. I'm here to ask if you want to bid."

Leonard calmed down and sat back on the sofa "Are all the shares? What price?"

A few years ago, when Ronald cashed out, Leonard did not take over because there were not many shares cashed out, which did not affect the controlling stake of the Lauder family.

This time it was different. Ronald had more shares in his hands than he had.

If you don’t think of a way to go, then the Lauder family will be too passive at the company’s board of directors in the future.

"The premium is 40, the total price is 8.4 billion US dollars!" Ronald said calmly.

Leonard was stunned and jumped up angrily again, "Are you crazy? How could it be such a high price! Are you crazy or am I crazy? Ronald, you can cash out and leave the scene, but you can't collude with outsiders to lie to your brother!"

His first reaction was that Ronald colluded with a false acquirer and probably proposed an outrageously high price.

Use your mentality of protecting the controlling rights of the Lauder family to force yourself to take over at a high price!

Leonard scoffed at this and was extremely angry. He had never seen any storms before, so how could he be deceived by these little tricks?

At the same time, he had anger and his younger brother's greed!

If he really wants to transfer his shares to himself according to the market price, then he will try his best to do everything he can, whether it is a mortgage loan or a consortium, he will always eat up this part of the stock.

But my brother is so greedy that he actually wants to have a premium of 40!

To be honest, although I am optimistic about the future development of Estee Lauder, Leonard does not believe that Estee Lauder's market value will rise by 40 in a short period of time.

Only the fool will agree if he takes over at this price.

"Then have you waived the right of first refusal?" Ronald asked calmly.

Leonard waved his hand and said indifferently, "Yes, if the price is really a premium of 40, then I will give up. Congratulations, my brother, I have cashed out a very good price for the shares in my hand. Go find your good allies, they can give you a good price. Oh, get that 8.4 billion US dollars, brother, you are the richest one in the family, haha..."

Restraining his anger, Ronald called the company's legal department and asked them to draft a "Abstention Agreement" on the spot.

Of course, Leonard gave up the right of first refusal. At the price of 40, Ronald can freely take over the shares he has.

Leonard watched coldly, watching Ronald busy with work, and finally signed his name casually, and said with a smile, "When will you reach a transaction agreement? Don't forget to send a record. The price must be equal to or higher than 40 premium, otherwise the transaction will have no legal effect."

Ronald picked up the agreement, bounced his fingers, and smiled on his face. "You will regret it, Leonard, let's go and see!"

"Haha, Ronald, you should actually go to Hollywood to develop, what other works of art and politics are you playing? Your talent for acting is simply overwhelming!" Leonard laughed and mocked.

He felt that his younger brother Ronald was acting, but he had not deceived him...

After walking out of Leonard's office, Ronald called Pitt directly.

"I've done it here. You can make an appointment with the other party and get things done as soon as possible!"

Since he made a decision, Ronald didn't want to spend too many dreams. If things were not done well, wouldn't it really become a joke?

If I don’t sell the shares this time, I guess I will never be able to raise my head in front of Leonard again.

Originally, such large-scale acquisitions should be much more cautious.

For example, if someone wants to acquire Pitt at a premium of 40, then Ronald must first meet with the other party, sign an agreement, and even ask the other party to pay a part of the deposit.

Then, with the draft signed by both parties, they went to their brother Leonard to discuss the issue of priority acquisition.

However, when Peter told him the news, the price was too shocking, and Ronald did not consider these issues for the time being.

When he met his brother, he was so excited that he disrupted the procedure and asked his brother to sign a waiver statement first.

Now Ronald is in a difficult situation. He has only one way to go, that is, he cannot sell his shares at a premium of 40.

Otherwise, it would be a big embarrassment!

Of course, Ronald is also sure who is Pitt? He is an executive of Citibank!

When facing customers, people who do finance value integrity the most!

If he dares to speak nonsense and cannot do this, it will not only be Ronald's embarrassment. Pete will be even more unlucky because he will lose his reputation!

...
To be continued...