上海國鳴投資管理公司參與收購美國福布斯集團(tuán)
上海國鳴投資管理公司參與收購美國福布斯集團(tuán)
SHANGHA GM INVESTMENT MANAGEMENT COMPANY ANNOUNCED ITS PARTICIPATION IN THE ACQUISITION OF FORBES MEDIA
上海國鳴投資管理有限公司日前宣布參與收購美國媒體巨擘福布斯集團(tuán)。這是繼中國企業(yè)以26億美元并購美國AMC 影院公司之后,另一個(gè)令人矚目的重大海外媒體購并案。為了確保交易的完成,國鳴投資已經(jīng)以鴨子劃水地完成了收購戰(zhàn)略布局,包括接觸國內(nèi)及國外等多家銀行以利境內(nèi)的相關(guān)監(jiān)管規(guī)定,并邀請硅谷著名風(fēng)險(xiǎn)投資家黃梓洋博士擔(dān)任美國國鳴投資公司首席執(zhí)行官及董事總經(jīng)理,以利后續(xù)收購的順利進(jìn)行。
New York, Jan 20th, 2014 -- Shanghai GM Investment Management Co., Ltd. ("Shanghai GM Investment" thereafter) has announced its participation in the acquisition of U.S. media giant, the Forbes Media. This can be a second major overseas media acquisition since a successful U.S. $ 2.6 billion AMC Entertainment acquisition deal by the Dalian Wanda Group. To ensure the completion of this transaction, Shanghai GM Investment Management has set up a series of strategic layout plans, including the initiating of the strategic alliance with Chinese domestic foreign banks to work on the relevant governmental regulatory requirements. To further ensure the subsequent acquisitions procedures to run smoothly, Shanghai GM Investment invite Eric Huang, PHD., the well-known venture capitalist from Silicon Valley (U.S.A.), to join its newly established US GM Capital and serve as the CEO and managing director.
日前國鳴投資管理有限公司已經(jīng)與多家美國知名的投資銀行聯(lián)繫并將進(jìn)行委任,以便與賣方的代表德意志銀行進(jìn)行進(jìn)一步磋商。投行的選擇將于近日內(nèi)完成。目前國鳴投資集團(tuán)已積極地估算收購定價(jià).價(jià)格將基于之前亞馬遜(AMAZON)收購知名報(bào)業(yè)華盛頓郵報(bào)(WASHINGTON POST)及彭博(BLOOMBERG)收購商業(yè)周刊(BUSINESSWEEK)做精準(zhǔn)的同業(yè)比較。收購金額包括之前福布斯集團(tuán)向ELEVATION PARTNERS私募基金公司借款的2.64億美元及后續(xù)運(yùn)營資金。經(jīng)過2個(gè)月調(diào)研和討論, 國鳴投資管理有限公司董事會(huì)一致同意以3.8億美元現(xiàn)金收購福布斯100%股權(quán).
Shanghai GM Investment Management Limited has been also initiating contact with several well-known U.S. investment banks. It will then appoint one of them to work with the Deutsche Bank, the Forbes representative. The process of selecting the US investment bank will be completed in a few days. In addition, GM Investment has been actively working on the offering price. The offering price of acquisition will be very comparable to the acquisition cost between other similar businesses in the media industry, such as the previous deals of the well-known medias, the deal of Washington Post to Amazon, and the deal of Businessweek to Bloomberg. Shanghai GM Investment announced that the total offering price will include a $264 million payable loan from ELEVATION PARTNERS to Forbes and the subsequent working capital. After two months of research and discussions, the board of Shanghai GM Investment Management Limited has unanimously agreed to a $380 million offering price in cash to acquire 100% of Forbes' equity.
國鳴投資往年的業(yè)績及投資理念一直得到中國專業(yè)財(cái)經(jīng)雜志的廣泛報(bào)導(dǎo)。總裁秦毅表示,所有收購的資金來源將是百分之百國鳴投資自有資金。這也是國鳴投資對福布斯集團(tuán)董事會(huì)及所有員工的長期承諾。但考量到商務(wù)部審批的進(jìn)度,國鳴投資將在美國成立特殊目的公司(SPV),先行進(jìn)行多家銀行聯(lián)貸及融資以確保收購交易的完成。
Shanghai GM Investment has been widely published by China's major finance & business magazines by its excellent company's performance and investment portfolios. According to Mr. Qi Yi, the CEO of Shanghai GM Investment, 100% of the funding of this acquisition will come from GM Investment's own fund. "Also," stated Mr. Qi, "GM Investment guarantees that this acquisition will be the long-term commitment to Forbes and its employees." However, taking consideration of the lengthy progress to receive the approval of the Ministry of Commerce in China, GM investment will incorporate a special purpose company (SPV) to carry out the bank's syndicated loans and financing in order to ensure the successful completion of the acquisition transaction.
根據(jù)亞洲協(xié)會(huì)估計(jì),到了2020年,中國的海外投資將達(dá)到一萬億美元。中國的企業(yè)正在擺脫產(chǎn)業(yè)鏈中處在下游的低端制造業(yè),來尋求更高的利潤,增加對外投資是解決這個(gè)問題的必要手段。其次,中國企業(yè)看重的是美國公司的品牌實(shí)力、營銷和調(diào)研能力,進(jìn)而步上全球化的腳步。此次國鳴投資收購福布斯集團(tuán)正是想倚賴福布斯的品牌實(shí)力及影響力來作為中美合作步入全球化的第一步。國鳴投資可以協(xié)助及深化中國10億訂戶的需求,中國將是福布斯成長的新引擎,這是一個(gè)雙贏的局面。
The Asia Society estimates that by 2020, China's overseas investment will reach to one trillion U.S. dollars. Chinese enterprises are in the transitions, taking away the roles of traditional lower-ended manufacturing but looking for higher profits, investments, and business alliances. Chinese enterprises value the international acquisitions based on the acquired companies' brand strength, marketing resources, and research capabilities. Shanghai GM Investment Group projects that this acquisition will assist Forbes to strengthen its current brand name and reputation and will bring more business to China's media market. By the same token, this acquisition will also be the first milestone for GM Investment to step into for the global media acquisition business. In fact, GM Investment believes that Forbes can enter into a new business growth cycle through business alliances with Chinese companies, especially with GM Investment, which has a huge middle-class customer basis along with its strong growing media business. Through this business alliance and acquisition with GM Investment, Forbes can expand its business into China's market, and can expect to receive one billion more subscribers, therefore receiving higher income return worldwide. This acquisition will be a win-win situation.
秦毅總裁進(jìn)一步表示,國鳴投資近年來的投資及越來越多的中國企業(yè)海外收購案,讓國鳴投資更有能力的在中國政府的審批上、相關(guān)單位的溝通上、海外投資的流程上、更有經(jīng)驗(yàn)及因應(yīng)對策。國鳴投資已經(jīng)做好完全的收購戰(zhàn)略準(zhǔn)備,必定使得整體收購流程更為完善及順暢。
Mr. Qin Yi, the president of GM Investment, declared that GM Investment has diversified investment portfolio and years of experiences working with the Chinese government. This made GM Investment the best candidate and more capable to work with Chinese government officials to receive the government approval in the acquisition process and better communications with the relevant governmental agency. Mr. Qin Yi further indicated that GM investment has been well prepared to complete this acquisition, and to make the whole process work successfully based on the past experiences.
國鳴投資投資管理有限公司與以善于抓住轉(zhuǎn)型企業(yè)的投資機(jī)會(huì)著稱。近年來秦毅總裁帶領(lǐng)的國鳴成功的投資了一系列重組股及新興產(chǎn)業(yè)公司,如蘇寧云商,樂視網(wǎng)等知名企業(yè),并積極參與其轉(zhuǎn)型且得到傲人的業(yè)績。此次國鳴投資收購福布斯將著眼于全球化布局,美國國鳴資本公司黃梓洋總裁表示,除了將完整保留原本福布斯業(yè)務(wù)板塊并交由原本團(tuán)隊(duì)永續(xù)經(jīng)營之外,將強(qiáng)化福布斯的品牌及跨足周邊服務(wù),其中包括房地產(chǎn)、商業(yè)教育、智能機(jī)器、在線醫(yī)療、網(wǎng)絡(luò)安全等新經(jīng)濟(jì)的知識(shí)儲(chǔ)備,中國初創(chuàng)企業(yè)家與美國對接活動(dòng)等等。并且表示雖然了解這次的收購艱難,但是希望能夠借于此次收購經(jīng)驗(yàn)找出突破口,將國內(nèi)團(tuán)隊(duì)及全球購并菁英一起鍛煉,走上全球化。并為日后更大型的國際購并案打下基礎(chǔ)。
In the past years, GM Investment has made several successful investments in ST securities by restructuring corporations. These well-known investments include, but are not limited to, LETV and Sunning Enterprise. In the long-term plan after the acquisition, as stated by Eric Huang, PHD., GM Investment will focus on Forbes' global layout along with its existing business segments, resources, and marketing channels. Dr. Huang further stated that through this acquisition GM Investment can assist Forbes to apply its current priority web business onto different sectors. For example, through this strategic business alliance, Forbes can strengthen its brand name and expand its business further onto other business sector arenas, including the real estate market, business education, the development for emerging media companies, intelligent machines investment, online medical care system development, network security, and the start-ups in both China and U.S. media companies.
除此之外,福布斯集團(tuán)旗下的福布斯數(shù)位(FORBES DIGITAL)已經(jīng)是美國第九大財(cái)經(jīng)新聞網(wǎng)站。根據(jù)福布斯總裁Mike Perlis表示,今年底前數(shù)位營收部份尚可成長達(dá)25%。這次的友好收購將使國鳴可以在福布斯數(shù)位的平臺(tái)之上,加上樂視網(wǎng)轉(zhuǎn)型的經(jīng)驗(yàn),在開放數(shù)據(jù)訊息服務(wù)平臺(tái)、云數(shù)據(jù)、及移動(dòng)互聯(lián)網(wǎng)等方面更緊密的運(yùn)用。
Currently, Forbes Digital is the ninth largest U.S. financial website in the digital media sector, with the projected revenue growth rate up 25% by the end of this year. GM Investment believes that through this acquisition, with its solid experiences in the transformation of LETV and through the alliance with Forbes' digital media platform, GM Investment can expand its business operations further and diversify its investments in the sectors including digital informatics services platform, cloud computing, and mobile internet.