Rebirth of the Strongest Tycoon

Vol 3 Chapter 1095: Amazing merger-LVMH Group!

Xia Yu took a sip of coffee and said in a calm and powerful voice, "Mr. Henry Rigamer, I came with sincerity, so I won't treat you badly, I only offer one price!"

Henry Ligamir nodded slightly and did not speak. He continued to watch Xia Yu quietly, but his breathing slowed down subconsciously.

"I will give you 50 million francs worth of equity!"

Henry Rigamer's heart relaxed, and then his mind was surrounded by a huge surprise in his heart.

It turned out to be an equity worth 50 million francs!

If this is placed in the Louis Vuitton Group, it will be able to get more than 2.5% of the equity!

He has worked for the Louis Vuitton Group for more than ten years, and his combined salary and bonuses are only 13 million francs!

Xia Yu’s compensation was nearly four times his total income over the past ten years!

At a certain moment, he subconsciously wanted to get more.

But this thought only appeared for a few seconds before being obliterated by his reason.

Enough equity for 50 million francs!

After all, he is holding equity, not cash, and he prefers equity to cash. After all, equity means dividends and a steady stream of income.

Not only that, the Bright Fund obviously has huge ambitions. After the merger of the Louis Vuitton Group and the Moet Hennessy Wine Group, the future will only be brighter. The company's potential is very large. In the future, the equity will only become more valuable. He is foolish. Will ask for cash.

He would not arrogantly think that his investment ability would be stronger than Bright Fund!

Moreover, after accepting this shareholding, he will eat with Xia Yu in the future. Equity worth 50 million francs will not occupy much of the combined company. Instead of being too greedy, Xia Yu feels uncomfortable and enters. After the company, Xia Yu had a way to clean up his small shareholder.

Countless history proves a truth, small shareholders can never fight against absolute controlling shareholders!

Just accept it if you see it!

Anyway, this price is not low! Exceeded his expectations!

After making up his mind, Henry Rigamer changed his mind. He took the initiative to lower his posture, showing gratitude, and said to Xia Yu enthusiastically: "Mr. Xia, I accept your terms."

Xia Yu said with a faint smile: "Henri Ligamir, happy cooperation!"

"Happy cooperation!"

The two said and shook hands.

Now that it has been negotiated, there is no need for Xia Yu to waste time.

He bluntly said: "Henry Rigamer, within about this week, the Moet Hennessy Wine Group will issue a merger application to the Louis Vuitton Group. You must make the most of your time and think about how to convince the Vuitton family as soon as possible. "

"If there is any need for the cooperation of the Bright Fund, it can be mentioned in advance, and it is convenient for me to arrange in advance."

"Okay, I will do my best!"

Henry Ligamir nodded and said.

"I'm waiting for your good news!" Xia Yu said with a light smile.

...

In the next few days, Leo Martin once again convened the board of directors of Moet Hennessy Wine Group. Amidst the incompetence of Jill Hennessy, he voted to pass the resolution on private placement.

After the board of directors was opened, the general meeting of shareholders was convened immediately.

Jill Hennessy, who had already known that it could not be stopped, directly refused to participate, so the shareholder meeting passed 100% of the vote, and a situation was taken to ensure that the process was legal and compliant.

The current version of the French "Corporate Management Law" does not require the approval of the Securities Regulatory Commission for private placement of non-listed companies.

Therefore, after the general meeting of shareholders agrees, the resolution can be directly implemented.

The billion francs of the Bright Fund were already prepared, and immediately transferred to the company account of the Moet Hennessy Wine Group, and then the president Alain Chevalier arranged for his subordinates to go through the procedures for additional stock issuance.

Jill Hennessy could only watch angrily as his family’s shareholding ratio fell to 11.85%.

This is not over yet.

The acquisition team of the Bright Fund once again came to buy the equity held by the Vuitton family, and the attitude was very tough, completely intimidating, and there was no inducement at all.

When the company was listed, they held up to 17.5% of the equity. Even if it was transferred at a fair price, they were all worth more than 1.02 billion francs. If it comes to an ordinary premium of 30%, it can be worth it. More than 1,330 million francs.

But now?

If based on the previous market value of more than 5.85 billion francs, plus the 1 billion francs raised by the Bright Fund, the company is worth more than 6.85 billion francs, and the equity held by their family is also worth eight. One hundred and one hundred watt francs.

If calculated based on the company’s assets in the newly issued private placement, it would be cheaper, only worth more than 367 million francs.

This gap is huge!

And what is the current price of Bright Fund?

Four hundred million francs! ! !

Jill Hennessy almost fainted when he heard the price.

The acquisition team of the Bright Fund also threatened that if the Hennessy family refused to sell it, then the Bright Fund would continue to dilute the company, and there were ways to make them regret it.

In desperation, there were several meetings within the Hennessy family. No matter how it was analyzed, the result was that they were not qualified to fight the Bright Fund, and the consequences would become more and more serious.

Instead of putting the capital here, it is better to cut your wrists and sell the equity and work hard again.

During the second negotiation of the Bright Fund, after fierce confrontation, the Bright Fund finally raised the price of 600 million francs and stopped letting go. The Hennessy family could only reluctantly agree.

January 12.

As expected, Bright Fund acquired 11.85% of the shares held by the Hennessy family for 600 million francs.

Moet Hennessy Wine Group is finally wholly-owned by Bright Fund!

There was also a small episode that afternoon. Alain Chevalier, who was closely following the movements of the Hennessy family, learned that the Hennessy family actually wanted to tell the Fervo family to resign. He immediately issued a warning to the Hennessy family and at the same time let the light shine. The fund also issued a warning later.

On the other hand, he also individually approached Yan Fervo, the head of the Fervo family, to do ideological work, and he also raised their salary and signed a more stringent contract.

The Fervo family is really reluctant to leave the family to create a two-hundred-year-old Hennessy brandy, and the blending skills inherited by their family are bundled with the Hennessy brandy. The blending skills and formulas of the wine belong to the company. It can't be taken away. If they leave the Hennessy Brandy Company, most of the deployment skills of all members of their entire family will be abolished.

Yan Felvo recognized the situation.

Therefore, the Hennessy family and the Fairvo family, who had worked closely together for two hundred years, announced that they had broken up, and they would eat together with the Bright Fund.

On the second day that Moët Hennessy Wine Group was wholly-owned, it was January 13th.

Moet Hennessy Wines Group issued a merger application to the Louis Vuitton Group, and the company's president Henry Rigamer immediately convened a board of directors.

At the meeting, Bright Fund, which is the relatively controlling shareholder of the Louis Vuitton Group, directly agreed and demonstrated the bright prospects after the merger.

The Vuitton family expressed opposition, and the first board meeting ended without a problem.

In addition to the Vuitton family, whether it is Leo Martin or Henry Rigamer, this time the board of directors also takes a form, the purpose is not to arouse the Vuitton family's suspicion.

Then Henry Ligamir began to analyze the pros and cons with the Vuitton family, and the Bright Fund from time to time coerced and coaxed to the side to create pressure on the Vuitton family.

Under Henry Rigamer's constant persuasion and flicker, the Vuitton family was finally persuaded.

Then there is the price.

After many negotiations and consultations, it was finally agreed that the Moët Hennessy Wine Group would value 6.9 billion francs and the Louis Vuitton Group would value 1.9 billion francs.

On January 18th, the Louis Vuitton Group’s board of directors passed 100% of the resolutions passed by the Moët Hennessy Wine Group and the Louis Vuitton Group, and then a symbolic general meeting of shareholders was held in the same meeting room, with the same 100% vote. by.

On January 20, Moet Hennessy Wine Group and Louis Vuitton Group completed a series of equity-related changes such as the company's business license, organization code, and national tax registration certificate.

The assets of the two companies belong to the newly registered Moët Hennessy-Louis Vuitton Group. The company name is abbreviated as the French LVMH Group. The shares of the original shareholders are redistributed~www.readwn.com~The registered shares of the group are 100 million shares.

Bright Fund is the largest shareholder, holding 91.1 million shares, accounting for 91.1% of the total share capital. The Vuitton family, the second largest shareholder, holds 8.9 million shares. Occupies 8.9% of the total share capital.

Of course, the 50 million francs worth of equity that Xia Yu promised to Henry Rigamir was secretly handled, and it had been privately transferred to an offshore company in advance, with a total of 568,000 shares. As for Henry When Ligamir was exposed, that was his business.

So in fact, the shareholding ratio of Bright Fund is 90.53%.

It doesn’t care if Xia Yu is missing. Anyway, it has successfully acquired the ninety greatest gains of the Louis Vuitton Group. If BNP Paribas is the acquisition, even if it succeeds, he will spend several hundred million francs more, and BNP Paribas has to Withdraw a commission of at least 50 million francs! The price is much smaller than just 50 million francs to Henry Ligamir!

In this situation, he has actually earned it!

On the morning of January 21, the headline of the "Ferrero newspaper" reported the news that Moët Hennessy Wines Group and Louis Vuitton Group merged into the French LVHM Group, and the merger was named "the largest in Europe in 1982." Commercial M&A"!

The whole of France was shaken!

The aftermath spread to all of Europe!

In just over a month, the name of the Bright Fund, which successfully completed this merger and acquisition, was once again mentioned by countless media, and its reputation and prestige continued to skyrocket.

After the exposure, Xia Yu received a lot of congratulations, including French President François Mitterrand.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like