Chapter 1091 800 Million Dollars Worth It
After suddenly receiving such a huge amount of information, I really need to calm down.
But even though Alain Chevalier had reached the age where he knew his destiny and had experienced the ups and downs of politics and business, he still could not calm down in a very short period of time when faced with the pie that Xia Yu had drawn that was within his reach.
This flatbread is so real and so delicious!
a long time……
Alain Chevalier took a deep breath, suppressed the last trace of turmoil in his heart, and solemnly asked the most critical question: "Mr. Xia, how long do you plan to complete these plans?"
Xia Yu raised the corner of his mouth slightly, looked at Alain Chevalier, and then said: "It is December 19th, and there are only twelve days left before 1982. I hope that within the next year, I will rely on
A series of acquisitions have achieved a leading position in the wine industry and luxury goods industry. If it can be completed earlier, such as half a year, such as three months, then of course it would be better. We will have more time to slowly integrate and stabilize the market.
status."
"Mr. Alain Chevalier, what do you think? Are you willing to personally participate in all this?"
After a moment of silence, Alain Chevalier smiled bitterly, spread his hands and said, "Mr. Xia, I can't seem to find a reason to refuse."
Xia Yu smiled and stretched out his hand to him.
Alain Chevalier stretched out his hand and shook it with Xia Yu a few times.
"Welcome to join us!"
"It's my pleasure!"
After putting down his hand, Alain Chevalier suddenly showed a troubled expression, as if he had something to say.
Xia Yu took the initiative to ask: "Mr. Alain Chevalier, do you still have any difficulties?"
Alain Chevalier nodded slightly, took a deep breath and said:
"Mr. Xia, I have something to say, which involves my principles and professional ethics."
"Speaking!"
Xia Yu smiled and made a gesture of invitation.
"Although I have made the Moet Hennessy Wine Group a success, the Moët & Chandon family has also made me a success. The main reason why I did not refuse after Mr. Le Mire came to discuss with me, but instead asked to meet with you, is that
Regarding the attitude of the Moët family towards the company, the head of this generation is not interested in running the company; he values money more, which is why the Moët family asked me to run the company."
"So whether I continue to run the company to obtain dividends or transfer equity to obtain a huge amount of funds in one go, it is okay for the Moët family."
"But I am now the president of the Moët Hennessy Wine Group. The Moët Family has given me trust, and I cannot harm their interests. Therefore, it is not convenient for me to intervene in the acquisition. You or the National Bank of Paris need to negotiate."
"Of course, if it is to acquire the Hennessy family's equity, I will fully cooperate."
"I will also go all out in my next work!"
He remembered the kindness the Moët family had towards him, so he didn't want to harm the interests of the Moët family, but the Hennessy family had no kindness towards him.
The reason why the company led the Moët & Chandon Group to acquire Hennessy was because Hennessy was in trouble.
In the 1960s, the Hennessy Company's share of the global brandy market reached its peak, accounting for more than half. Then it began to prosper and decline, causing the stock price to also decline. The shares mortgaged by the Hennessy family to the National Bank of Paris were flattened.
After getting the news from Le Mire, he pushed for the merger of the two companies.
It can be said that he saved the Hennessy family.
However, the head of the Hennessy family, Jill Hennessy, is a person with a strong desire for control and ambition. Therefore, after the company stabilized, he began to use dividends and other funds to increase his shareholding little by little, and placed people in the company. The purpose was to
Fighting for the right to operate the Moët Hennessy wine group.
The internal fighting took away some of his energy and also made him disgusted.
So he wished that Xia Yu would acquire the Hennessy family's shares and clean out the Hennessy family...
On the contrary, if Xia Yu asked him to help lower the price of the Moët family, he would be in a difficult position...
Not only was Xia Yu not angry at Alain Chevalier's request, but he showed admiration and had a better impression of him in his heart.
With this kind of character and values, he can use it more confidently.
If Alain Chevalier would take the initiative to help him deceive the Moet family now, he might come to deceive him in the future. He would not dare to use it with confidence. When facing a large multinational consortium, such a person would be an extremely unstable factor.
.
He smiled and nodded and said: "Of course, no problem. I support your attitude. The acquisition of the Moët & Chandon family's equity will be completed by the National Bank of Paris. During this period, you can temporarily stabilize the company."
Alain Chevalier breathed a sigh of relief, a smile appeared on his face, and he happily agreed: "Mr. Xia, thank you for your understanding."
"Please rest assured that the company will never fall into turmoil!"
Xia Yu chuckled and said, "I believe in your ability!"
…
After securing Alain Chevalier, the acquisition team of BNP Paribas went directly to the Moët & Chandon family.
The Moët family urgently consulted Alain Chevalier to discuss countermeasures. The latter did not express an opinion, but objectively analyzed the pros and cons, and then handed the decision-making power back to the Moët family.
The National Bank of Paris also made full use of resources, starting from other industries of the Moët family, especially the areas where the current owner of the Moët family is interested in exchanging resources, and the price is also very generous.
Therefore, the Moet family readily agreed to transfer the equity.
The Bright Fund, on the other hand, also used its franc offensive to gradually break down the psychological bottom line of the Brand family, and transferred the equity to the Bright Fund without notifying the Vuitton family.
After the one-week operation period ended, Xia Yu's second phase of the offensive achieved the expected results.
First up is the Moët Hennessy Wine Group.
The acquisition of the 21.4% stake held by the Moet family cost 2.228 billion francs.
Then the National Bank of Paris and the Light Fund each acquired a total of 11.8% of the equity from other institutions, at a total cost of 932 million francs.
As for the Louis Vuitton Group, it cost 389 million francs to acquire the 15.9% stake held by the Brand family.
So in the second phase, Xia Yu spent a total of 3.549 million francs, which is almost 800 million US dollars!
But as long as you achieve your goals, the money is well spent!
…
In the Bright Foundation conference room.
Xia Yu, Leo Martin and the acquisition team gathered together.
Leo Martin reported the latest situation to Xia Yu.
Having achieved continuous success and having an absolute advantage, this made Leo Martin feel happy, and his voice when reporting became much lighter.
"Boss, the total equity of Moët Hennessy Wine Group held by our company, Standard Chartered Bank and National Bank of Paris has reached 70%."
"The remaining shares held by the Hennessy family are 17.5%, and institutions and retail investors hold 12.5%."
"As for the Louis Vuitton Group, we already hold 58.8%, and the remaining 41.2% is in the hands of the Vuitton family."
"Because we purchased a total of 6.7% of the equity of Moët Hennessy Wine Group from institutions and hands two days ago. According to the rules, we need to publicly disclose the equity tomorrow..."
After listening to Leo Martin's report, Xia Yu nodded slightly, glanced at everyone's faces, and praised: "Thank you for your hard work during this time!"
"With the joint efforts of everyone, this acquisition has achieved great initial results."
"But we must also realize that in the first two stages, in addition to our company, we also relied on the National Bank of Paris to play a huge role."
"From tomorrow onwards, we can only rely on ourselves for everything. The workload will increase a lot. Unknown risks still exist. Everyone must adjust their mentality..."
"Early tomorrow morning, all the equity held by Standard Chartered Bank and BNP Paribas will be recovered, and then publicly disclosed. After the disclosure, as the absolute controlling shareholder and the reason why the outstanding shares are less than 25%,
Directly apply for a trading suspension, and at the same time arrange for someone to enter the Moët Hennessy Wine Group to take over.”
"In addition, initiate the acquisition of equity interests in the Hennessy family and the Vuitton family."
"Leo, you are responsible for grouping the people present. If there is a lack of manpower, make up for it in time. We must act on time tomorrow."
"Do you understand?"
When saying the last sentence, Xia Yu deliberately raised his voice and glanced at everyone with his sharp eyes.
Everyone present raised their heads and responded loudly: "Understood!"
"Does anyone have any questions?"
Xia Yu asked again.
After looking around and finding that no one had expressed his opinion, he immediately announced the adjournment of the meeting.
"If not, let's break up the meeting!"
After saying that, Xia Yu left the conference room with steady steps.
After he left, Leo Martin began to refine the work...
Chapter completed!