To be honest, although Mr. Wan showed certain strength in front of Xiao Feng, he left Xiao Feng more impressed, just a young master, the second generation master.

After all, he started all with his father's support.

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

So he was really interested in the acquisition he was about to talk about.

"Have you heard of Warglin?"

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

Before he knew it, he had been in Xiao Feng's presidential office for a whole morning, and the two sides had reached a consensus on in-depth cooperation in two areas.

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

The amount involved in this business was very huge. He was also thinking about whether he could pull Xiao Feng into the chariot. After all, this guy seemed to be not short of money.

Xiao Feng shook his head, but looking at Mr. Wan's increasingly excited expression, he knew that the company might be quite amazing.

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

He hasn't smoked for a long time, and only sucks a few of them when he encounters something that makes him excited or is under great pressure. This is exactly the case today.

"The full name of this Voglin is actually Voglin Boots Company, and it is currently the largest chain of pharmacies in the world. American companies have 7,300 pharmacies in the United States, and 2,000 pharmacies in other parts of the world. They are mainly distributed in Canada, Australia, New Zealand, the United Kingdom, Germany, France and other places. They are the world's leading pharmaceutical channel giant."

Speaking of this, Mr. Wan took a sip of the cigar hard and spit it out.

Xiao Feng also took a deep breath of cigarettes. It seemed that Mr. Wan had a great plan this time.

"This giant originated in Chicago and has a history of more than 100 years. It had previously created a miracle of profitability for a hundred years. It was not until a few years ago that they acquired Dunlide, Lai Aizi, Bozi and other chain pharmacies, and became the largest chain pharmacies in the United States. However, these mergers and acquisitions have also consumed 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 have begun to change their consumption habits and began to buy more over-the-counter drugs, as well as health products, shampoos, etc. on Amazon. This has caused the operation of Voglin Boots Company to fall into a dilemma..."

Mr. Wan began to introduce the business situation of the Woglin company to Xiao Feng.

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

If you still make money every year, you are willing to sell the company.

If such a pharmacy in the United States wants to take action, it must be because of its business conditions.

"They started losing money five years ago, and have been losing money for five consecutive years so far. On the one hand, it is the competition of CVS, on the other hand, it is the change of consumer habits, and on the other hand, it is the current president who overturned the medical reform. You should know that they bought other chain pharmacies because of the medical reform. But now that Trump does not recognize the medical reform, they will naturally not get any benefits, so..."

I'm sorry, it turns out that there is still something going on.

"Pharmaceutical stores in the United States are generally linked to insurance companies and hospitals. Hospital doctors prescribe prescription drugs, while insurance companies directly cover patients' bills. Whoever has more prescription rights issued by doctors can get more reimbursement expenses from insurance companies..."

After Mr. Wan said this, Xiao Feng understood the trick.

For example, if the treatment is agreed and corrected, Pfizer and Johnson & Johnson have similar drugs, but when the doctor prescribes, he or she specifies that you should use Pfizer's drugs.

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

Of course, the insurance company has the strength of what medicine is prescribed by a doctor. After all, that kind of medicine is the cheapest, and insurance companies naturally hope that the doctor will prescribe that medicine.

Then they reported to the US Ministry of Health that when they received subsidies from the Ministry of Health, it must be another price.

Anyway, the trick here is definitely that doctors, insurance companies, and chain pharmacies are involved.

"In the past, Voglin had at least 30% of the doctor's prescription rights in the United States. But now, because of the competition for CVS and the changes in consumer habits, they only had 19% of the prescription rights..."

"I'm going, that's a lot! The annual drug market in the United States is a big cake worth trillions of dollars!"

Although Xiao Feng has not conducted special investigations, he also heard from He Fangzhou and the others that the country with the most substance abuse in the world is the powerful America.

But the most abused one is of course opioids...

And Voglin has 19% of the doctor's prescription rights...

Damn, if you do nothing in a year, you can earn tens of billions of dollars!

"That's right, but when they acquired several other chain pharmacies, they borrowed a lot of money from banks and financial institutions, and each of them had to provide at least three pharmacists. The salary of these pharmacists is also a big problem. In addition, the continuous losses in recent years have seriously affected the company's business prospects. Although the company is currently a Fortune 500 company, its rating on Wall Street is not high."

Mr. Wan changed the subject and introduced the current dilemma of Voglin.

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

"Some time ago, Voglin's CEO, Stephano, contacted private equity giant KKR and wanted to privatize or sell the company, but no one is willing to accept it at present. The progress of the privatization negotiations has not been very smooth."

At this time, Xiao Feng turned his head and looked at Mr. Wan.

"So, do you want to pick up this disk?"

"Ha! I have this idea. In my opinion, although Voglin has been in losses in recent years, it is only temporary. Once they have mastered the exclusive right to run 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 but point at Mr. Wan and laughed.

This guy is indeed a slick guy.

No wonder he would talk to himself about this business. If he and the Ninth Lab joined, Voglin would be able to turn losses into profits soon.

Everyone must be wondering why this shampoo is sold in pharmacies?

That's because of shampoo. Many people in China regard shampoo as daily necessities, but for foreigners, their definition of the concept of things is very vague.

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

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

A useful shampoo can definitely arouse consumers' enthusiasm for a pharmacy.

If a new and effective health care product is added, then this pharmacy will definitely be able to bring about a life.

Huichun Capsules now have such a reputation through previous treatments against Che Wang.

I believe that tomorrow, Huichun Capsules will be hotly discussed 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 He Fangzhou has developed, once it is verified by the market and is indeed effective, it will definitely be more popular.

Thinking about this, it seems that it is not a bad idea to acquire this Voglin with Mr. Wan.

After all, if you master Voglin, you will have mastered the medicines in your hands and the channels for going overseas.

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

After mastering Voglin and Shanghai Lun's relationship, several heart disease drugs under his company can pass the review of the US Food and Drug Administration.

After the trial, it is the question of how to get the doctor to prescribe.

In this regard, Voglin has a lot of experience. It is estimated that many doctors in the United States are taking kickbacks from their families.

As long as you pass through them, it will not be difficult to work with the American doctors.

The United States is a world-class heart disease country. Hehe, once you enter that market, it will be equivalent to entering a blue ocean.

When Xiao Feng thought of this, he was really moved.

"But this Voglin seems to be a Fortune 500 company in the world. It must be difficult to acquire them, right?"

"It's not small. Their stock price is $65 per share now, and the news I got from KKR that their major shareholders can accept is $55 billion. If this offer can be made, he will help deal with other shareholders in the company. Stephano himself currently holds forty percent of Voglin shares."

Five hundred and fifty billion dollars?

Damn, if this is done, it will definitely be the largest acquisition in the world at present.

Once the acquisition is completed, the privatization will be completely completed. Voglin is the final say that he and Mr. Wan.

"Stepheno, is that short of money?"

Xiao Feng is still a little suspicious of the sale of Voglin.

After all, although this company has only been in the loss for five years, it is still the number one in the American pharmacy chain.

"Well... they are said to have $18 billion in debt. Now they are overwhelmed by high debt and labor. I heard that two hundred stores have been closed this year..."

Cao, I still owed nearly 20 billion in debt, so if I do this, it will take more than 70 billion US dollars!
Chapter completed!