Chapter 1094 Lure
This morning, Xia Yu was eating breakfast at home, and from time to time he looked at a resume on the table to his left.
This resume was faxed from London early this morning. It is the resume of Peter Monroe, the 26th Governor of Hong Kong who was just appointed by the British government yesterday to succeed MacLehose.
Yes, the 26th Governor of Xiangjiang was not Youde in the previous life, but another person appeared.
Xia Yu was sure that this was influenced by his butterfly effect.
If nothing unexpected happens, the new Governor of Hong Kong will arrive in Hong Kong on May 20 this year to replace MacLehose and officially assume his duties.
It is only January 6, 1982, and there are still more than five months to go.
On the resume, Peter Munro's life work experience and basic information are clearly written.
Peter Munro was born in 1925. He is fifty-seven years old this year. He has thirty-two years of diplomatic experience and is an experienced diplomat. In addition to serving as a diplomat in North Africa for nearly ten years, the remaining twenty years are
I spent two years in Asia.
One of the experiences that attracted Xia Yu's attention was that from 1958 to 1964, Peter Monroe served as an official of the Colonial Secretary when Berridge was the Governor of Hong Kong.
At the end of the resume, there is an analysis of his character traits. The most obvious one is that this person is not a nationalist, has no obvious pro-China stance, and has no anti-China stance...
"Haha, Margaret Thatcher still considered the instability factor."
"Whether it's Yoder or not, it depends on whether Argentina can help."
"If I make a big fuss in France, this old woman might have to worry..."
…
After eating breakfast, Xia Yu took a car to the company.
After arriving at the company, I immediately called the acquisition team for a meeting to first learn about the latest situation, and then assign tasks and start taking action.
After all, the Louis Vuitton Group is a non-listed company. Although the board of directors has been re-elected, the Bright Fund only holds 58.8% of the equity and cannot fully control the board of directors.
Generally speaking, for private placement and company merger proposals of unlisted companies, more than half of the board of directors only need to agree to the proposal, but this is only a general situation.
The Vuitton family has introduced investors in the past. In order to maintain the family's control over the Louis Vuitton Group, they have modified the company's articles of association. Major matters like these require the approval of more than two-thirds of the voting rights to pass.
There is no requirement for non-listed companies to have one-third of independent directors. The Louis Vuitton Group does not have one, so the voting rights of the board of directors are basically equal to those of the general meeting of shareholders.
According to the articles of association of the Louis Vuitton Group, the private placement requires the approval of two-thirds of the votes of the board of directors. Therefore, Xia Yu cannot dilute the equity of the Vuitton family through the private placement. Nor can he forcefully promote the Louis Vuitton Group.
Merged with Moët Hennessy Wine Group.
Since formal business methods cannot be used, then take advantage of the weakness of human nature!
There were two final decisions at the meeting. One was to put Leo Martin in charge of conducting a private placement of Moët Hennessy Wine Group to dilute the Hennessy family's equity.
Moreover, in order to retaliate against the Hennessy family, the private placement is not based on the previous high market value of nearly 6 billion francs of the Moet Hennessy Wine Group. Instead, it is based on the asset situation and is based on actual assets of 2.1 billion francs to raise funds.
With a capital of one billion francs, the only target for the additional issuance is the Bright Fund.
As long as the private placement is implemented, the Hennessy family's shareholding ratio will drop from 17.5% to 11.85%, while the Bright Fund's shareholding ratio will increase to 88.15%
.
The Hennessy family will lose the equivalent of more than 210 million francs!
The second decision was for Xia Yu to personally meet with Henry Ridgamile, the president of the Louis Vuitton Group.
Everything depends on the individual.
With Alain Chevalier, you need to talk about dreams, but with Henri Ridgamel, you need to use real benefits!
…
It was around three o'clock in the afternoon, and it was still the same restaurant near the Champs-Élysées where I last met Alain Chevalier.
Xia Yu met Henry Ridgamel, a gentle man with blond curly hair and a pair of gold-rimmed glasses on his face.
After a brief exchange of greetings, Xia Yu praised his achievements and contributions in the Louis Vuitton Group. When he was in a happy mood, he suddenly talked about the shortcomings of the Louis Vuitton Group.
"Mr. Henri Rigamil, although the Louis Vuitton Group is well-known around the world, due to financial constraints, its current luggage market share is not particularly high."
"And compared with other companies, the Louis Vuitton Group's business is limited to the field of luggage. The boundaries of the fashion and boutique markets are very broad. How long will it take for the Louis Vuitton Group to expand its business?"
Faced with the sudden question raised by Xia Yu, the major shareholder, Henry Ligamil was speechless.
Just when he was struggling to think about how to answer Xia Yu's question.
Xia Yu said with a smile: "Mr. Henry Ridgamile, opening a business from scratch not only takes a long time, but also requires huge funds. If we can get the Louis Vuitton Group to cooperate with a powerful large company
Merger, then using the resources of another company, the effect will be 11>2, what do you think?"
This time, if Henry Ligamir does not understand Xia Yu's purpose, then he will not be qualified to be the president.
What's more, Bright Fund has been in the limelight during this period, having just privatized the wine giant Moët Hennessy.
Could it be that Xia Yu is planning to promote the merger of Moët Hennessy Wine Group and Louis Vuitton Group?
With this guess, he forced out a stiff smile and asked: "Mr. Xia, which company do you want to merge with the Louis Vuitton Group?"
Xia Yu smiled lightly and spit out a name: "Moët Hennessy Wine Group."
Indeed it is!
After the conjecture was verified, the smile on Henry Ridgamier's face completely disappeared, and he said awkwardly: "Mr.
The merger of two companies will not be able to share resources, and it will not produce enough benefits for the Louis Vuitton Group."
The reason is that, but in fact it is because the Moët Hennessy Wine Group is too huge.
At the time of listing, the market value of Moet Hennessy Wine Group reached more than 5.85 billion francs.
And what about the Louis Vuitton Group?
Even if you kill him, you won't reach two billion francs.
If the two companies merge, the Vuitton family's shareholding will drop by three-quarters, to about 10 percent.
Without a veto, the Vuitton family will lose their ability to protect themselves.
And his position as president of the Louis Vuitton Group is expected to be lost.
So whether it is for the benefit of the Vuitton family or for his personal benefit, he will not agree.
The company's long-term interests were not linked to his. There was no need or reason for him to agree to Xia Yu's proposal.
Xia Yu shook his head slightly and retorted: "Mr. Henry Rigamir, although the main consumers of wine are men and the main consumers of bags are women, they are mainly targeting the middle and high-end customer groups, and some of them are similar."
However, Xia Yu didn't want to argue too much in this aspect.
He didn't wait for Henry Ridghamier to express his opinion, and suddenly asked an irrelevant question.
"Mr. Henry Ridgamile, I know that you are the son-in-law of the Vuitton family. You have served the Vuitton family for so many years. How is the treatment they give you?"
Henry Ridghamil's expression froze for a moment, then returned to normal, and said vaguely: "The treatment is not bad."
Xia Yu smiled faintly and said to himself: "I know the salary is not bad, but although your wife belongs to the Vuitton family, the equity of this company has nothing to do with you, your wife and son."
"Don't you want to leave something for your children? For example, equity in the company?"
Henry Ridghamil was shaken in his heart and his mouth moved, but he could not utter a word of denial.
Because Xia Yu's words touched his heart.
Although he is Henry Vuitton's son-in-law, he does not have any equity in the company. Because there are many members of the Vuitton family, his wife has five brothers. In addition, the Vuitton family's asset inheritance method is also special.
, it is destined that his children are not eligible to inherit part of the assets of the Louis Vuitton Group.
But Xia Yu, now the major shareholder of the Louis Vuitton Group, suddenly told him this. How could he not understand? His heart began to stir.
The temptation is too great!
There is an essential difference between working for others and becoming a shareholder yourself!
Henry Ridgamier should have remained silent!
This means that he is indeed moved.
Xia Yu did not waste the opportunity. He glanced around and made sure that no one was around. He actually said some high-sounding words to Henry Ridgamile to convince him: "Mr. Henri Ridgamile, Louis Vuitton
The merger of the Group and Moët Hennessy Wine Group is a strong alliance that will create greater value."
"Even if the Vuitton family's shareholding ratio is reduced after the merger, the price potential in the future will actually be higher. How can the luggage market compare with the wine and luxury goods markets?"
"The Vuitton family doesn't have to waste their energy and can gain greater benefits. For them, the benefits of the merger far outweigh the drawbacks. The only drawback is the loss of management rights. But will they hand over the management rights to you soon?
"
Then Xia Yu immediately offered the most intuitive benefit: "If you can get the Vuitton family to agree to the merger, then I will give you adequate compensation."
"And the two companies are just integrating resources. They are actually subsidiaries of the parent company. Once your ability has been proven, I will also appoint you as the president of the Vuitton Group."
"What do you think?"
Henry Ridghamil was shocked, and Xia Yu's words came over and over again in his mind.
For a long time, his personal interests trumped those of the Vuitton family.
And he is somewhat confident about persuading the Vuitton family to agree to the merger, so he can still give it a try!
Chapter completed!