Eight Hundred and Twenty-Three This Disk Is Not Easy to Pick Up!

To be honest, even though Young Master Wan had shown some strength in front of Xiao Feng before, he left more impressions on Xiao Feng, he was just a young master, the second lord.

After all, he started with the support of his father.

But after learning about his future business layout today, Xiao Feng concluded that this guy is not simple, but still has his own ideas.

So he is really interested in the acquisition he is going to talk about.

"Voegelin, have you heard of it?"

When Mr. Wan said this, he also became interested, took out a cigar from his arms, and lit it for himself.

Before he knew it, he had already stayed in Xiao Feng's president's office all morning, and the two parties had reached a consensus on in-depth cooperation in two areas.

Then he didn't mind the next piece, and started the third in-depth cooperation with Xiao Feng.

But the amount of money involved in this business is very huge, and he is also thinking about whether he can pull Xiao Feng into the chariot, after all, this guy doesn't seem to be short of money.

Xiao Feng shook his head, but seeing Mr. Wan's increasingly excited expression, he knew that this company might be quite big.

He asked his assistant to bring them coffee and tea, then lit a cigarette himself, and came to Mr. Wan.

He has not smoked for a long time, and he only smokes a few cigarettes when he encounters something that excites him, or when he is stressed, and today is exactly the case.

"This Voegelin, in fact, the full name is Voegelin Boots Company, which is currently the world's largest drugstore chain. An American company, there are 7,300 pharmacies in the United States, and there are 2,000 pharmacies in other parts of the world. The main distribution In Canada, Australia, New Zealand, the United Kingdom, Germany, France and other places. It is the world's leading pharmaceutical channel giant."

Having said that, Mr. Wan took a deep puff of the cigar, and then spat it out.

Xiao Feng also took a deep puff of his cigarette, it seems that Mr. Wan has a big plan this time.

"This giant originated in Chicago and has a history of more than 100 years. Before that, it had achieved a miracle of continuous profitability for 100 years. Until a few years ago, they acquired Du Enlide, Laizi, Bozi, etc. The drugstore chain has become the largest drugstore chain in the United States. However, these mergers and acquisitions have also cost them a lot of capital. In addition, in recent years, CVS Health Group has begun to enter the pharmacy field to compete with them, and consumers Started to change consumption habits, began to buy more over-the-counter drugs on Amazon, as well as health products, shampoos, etc., which made Vogreen Boots' business start to fall into trouble..."

Mr. Wan started to introduce the business situation of the Vogreens company to Xiao Feng.

Hearing this, Xiao Feng nodded, that's right!

If it is still making money every year, the devil is willing to sell the company.

And if such a No. 1 pharmacy in the United States wants to make a move, it must be because the operating conditions have reached a certain level.

"They started losing money five years ago, and they've been losing money for five years in a row. It's competition from CVS, it's changing consumer habits, and it's the current president, who overthrew President Trump. Medical reform. You must know that at the beginning, they bought other chain drugstores to expand because of the anti-medical reform. But now that Trump does not recognize the anti-medical reform, they will naturally not get any benefits, so..."

I rubbed it, it turned out there was such a thing.

"Pharmacies in the United States are generally linked to insurance companies and hospitals. The doctors in the hospital prescribe drugs, and the insurance company directly covers the patient's bill. Whoever holds more prescriptions issued by doctors can get more prescriptions from doctors. Insurance companies get more reimbursed expenses..."

Mr. Wan said so,

Xiao Feng understood what was tricky here.

For example, if the treatment is agreed and approved, both Pfizer and Johnson & Johnson have similar and equivalent drugs, but when the doctor prescribes, they specify that you should use Pfizer’s drugs.

Then you can only go to a pharmacy that specializes in Pfizer to buy this drug, such as Vogelin.

As for what medicine the doctor prescribes, of course the insurance company also has a part to play. After all, that kind of medicine is the cheapest, and the insurance company naturally hopes that the doctor will prescribe that kind of medicine.

Then they report to the US Ministry of Health, and when they receive subsidies from the Ministry of Health, it must be a different price.

Anyway, the tricky thing here must be that doctors, insurance companies, and chain drugstores are all involved.

"Voegelin used to hold at least 30% of the medicines prescribed by doctors in the United States. But now, because of the competition from CVS and changes in consumer habits, they only have 19% of the prescriptions..."

"I'll go, that's a lot! The annual drug market in the United States is worth trillions of dollars!"

Although Xiao Feng didn't conduct a special investigation, he also heard from He Fangzhou and the others that the country with the most drug abuse in the world is the powerful United States.

But the most abused of them, of course, are opioids...

And Voegelin holds 19% of the doctor's prescription rights...

This shit, if you do it well, you can earn tens of billions without doing anything for a year!

"It's true to say that, but when they acquired several other drugstore chains, they borrowed a lot of money from banks and financial institutions. In addition, they have to have at least three pharmacists in each store. And these The salary of pharmacists is also a big problem. Coupled with the continuous losses in recent years, this has seriously affected the company's business prospects. Although the company is still a Fortune 500 company, the ratings on Wall Street are not Not high."

Mr. Wan changed the subject and introduced Voegelin's current predicament.

In the United States, labor is indeed a big problem, especially in such pharmacies. It is stipulated that pharmacists must be equipped, and the wages of these guys are not low.

"Some time ago, Stefano, Vogreen's CEO, contacted the private equity giant KKR and wanted to privatize the company. Or sell it, but no one is willing to accept it. The progress of the privatization negotiations is not very smooth. "

At this moment Xiao Feng turned his head to look at Mr. Wan.

"So, you want to take this offer?"

"Ha! I have this idea. In my opinion, although Vogelin has been in losses for the past few years, this is only temporary. Once they have the exclusive right to deal with new drugs, such as the rejuvenation series of health products. Or the new heart disease drug launched by the Ninth Laboratory, or the shampoo launched by the Ninth Laboratory, etc... What do you think?"

"Hahahahaha..."

When Xiao Feng heard this, he couldn't help pointing at Mr. Wan and burst out laughing.

This guy is indeed a naughty ghost.

No wonder he would talk to himself about this business. If he and the Ninth Laboratory joined in, Voegelin would be able to make a profit soon.

Everyone must be wondering, why is this shampoo sold in drugstores?

That's because of things like shampoo. Many people in China regard shampoo as a daily chemical product, but for foreigners, their concept of things is very vague.

In Europe and the United States, the origin of shampoo is actually to treat skin ringworm and dandruff.

So the initial shampoo was sold in pharmacies, and it was later expanded to supermarkets.

And an easy-to-use shampoo can definitely arouse consumers' enthusiasm for a pharmacy.

If you add a new and effective health product, then this pharmacy can definitely be brought back to life.

As for Huichun Capsule, through the previous treatment against Che Wang, it now has such a reputation.

I believe that tomorrow, Rejuvenation Capsules will cause heated discussions on social media in Europe and the United States.

It will be a matter of time before entering European and American pharmacies.

As for the heart disease drug newly developed by He Fangzhou, once it is verified by the market and it is indeed effective, it will definitely become more popular.

If you think about it this way, it doesn't seem like a bad idea to buy Vogelin together with Mr. Wan.

After all, if you master Voegelin, you have mastered the drugs in your hands and the channels to go to sea.

Previously, it was extremely difficult for domestic drugs to gain world recognition, especially in the United States.

With the knowledge of Vogelin and Helen's relationship, several heart disease drugs under his company can pass the review of the US Food and Drug Administration.

After passing the trial, it is the question of how to get the doctor to write a prescription.

In this regard, Voegelin has very rich experience. It is estimated that there are many doctors in the United States who take kickbacks from his family.

As long as you pass through them, it is not difficult to do the work with those doctors in the United States.

And the United States is a big heart disease country in the world. Hey, once it enters that market, it is equivalent to entering a blue ocean.

Thinking of these, Xiao Feng was really tempted.

"However, this Voegelin seems to be a Fortune 500 company. It must be difficult to acquire them, right?"

"It's not small. Now their stock price is 65 US dollars a share, and according to the news I got from KKR, the lowest price their major shareholder can accept is 55 billion US dollars. If you can get this He will help settle other shareholders in the company. Stefano himself currently holds 40% of Voegelin's shares."

Fifty-five billion dollars?

Fuck, if this is done, it must be the biggest acquisition in the world right now.

Once the acquisition is completed, the privatization will be completely completed. For Voegelin, he and Mr. Wan have the final say.

"Then Stefano, is it that short of money?"

Xiao Feng still had some doubts about Voegelin's sale.

After all, although this company has only been losing money for five years, it is still a big brother of chain drugstores in the United States.

"Ah... It is said that they still have 18 billion dollars in debt, and now they have been overwhelmed by the high debt and labor. I heard that 200 stores have been closed this year..."

Damn, I still owe nearly 20 billion in debt, so it will take more than 70 billion U.S. dollars to get it done! ,

No wonder that Stefano quit, this job is not easy to pick up!