Rebirth of the Strongest Tycoon

Vol 3 Chapter 777: Bank in hand

When Xia Yu was busy with several major acquisition tasks, Liu Tianci called an international call to report the good news to him.

In February, Chiba Bank was calculated to lose as much as US$252 million. At that time, Wang Qi and Liu Tianci worked together to short Chiba Bank and launched an acquisition war.

After more than two months, the acquisition battle of Chiba Bank finally came to an end.

After the explosion of Chiba Bank, the Tokyo Stock Exchange was shaken, and Chiba Bank's stock price plummeted.

Wang Qi and Liu Tianci were behind the buying of the media to fuel the flames, leaving Chiba Bank in a quagmire.

In terms of short selling, a total profit of 192 million US dollars.

And in the end, it only spent 100 million U.S. dollars to fully acquire the bankrupt Chiba Bank.

You must know that before the explosion, the market value of Chiba Bank II was as high as 750 million US dollars, but because of the sudden loss of 252 million US dollars, it almost touched the 2.57 bank capital line of Chiba Bank. (Island countries use yen, but for the sake of unification and better reading, all the following are converted into US dollars).

The risk of bankruptcy is infinitely high. It is too late for investors to lose the shares of Chiba Bank, for fear that Chiba Bank will go bankrupt and be dragged to the funeral.

Calculating carefully, Chiba Bank was acquired by Jiuding Bank, plus the short-selling profit, and then removing the previously calculated loss.

In fact, the cost of acquiring Chiba Bank is $170 million.

With 170 million U.S. dollars, the original market value of Chiba Bank was purchased at 750 million U.S. dollars, and the book profit reached 580 million U.S. dollars.

More importantly, Xia Yu's banking empire extended his hand to the island nation at one time and won a top regional bank. This is definitely a significant victory.

In this process, it was not that no one came out to stop it, but Liu Tianci used money offensive and asked Fu Yuanhe to come forward, and finally all resolved.

At the end of the call, Xia Yu urged Liu Tianci to exchange blood for Chiba Bank, replacing all the right-wing elements and risk factors inside, even if the development of Chiba Bank temporarily slowed down.

Liu Tianci and others have gained, not to mention the acquisition of Bright Fund, which is more onerous.

During this time, Elena has been in contact with Xia Yu. In addition to talking about the stars and moon, from poetry and poetry to life philosophy, she will also talk to Xia Yu about the latest situation and work progress of the Bright Fund every day.

The first result was not the Leyland Automobile Group with Margaret Thatcher, but the Lamborghini Automobile Company.

No way, on February 28, Lamborghini still went bankrupt according to the original trajectory.

First, it went bankrupt. George Berkeley, who was already staring at him, was shocked by the foresight of his boss, Xia Yu, on the one hand, he immediately sent someone to intervene in the acquisition.

The emergence of the Bright Fund made Ferruccio Lamborghini delighted but also greatly disappointed. In the end, because of the high debt, the Bright Fund was eventually taken over by the Bright Fund at a price of only one million U.S. dollars and shouldered all the debts.

Ferruccio Lamborghini took a million dollars to spend his old age.

After the acquisition, Lamborghini was immediately sold to Tiangong Automobile Group by Bright Fund.

After Lamborghini, it was Leland Automobile Group.

As a British state-owned company, when the decision was made at the highest level, there was still Duke Howard's guardianship. Naturally, the progress was very smooth, and it took a long time because of asset accounting and divestiture.

In the end, Leland Motor Group was taken by Rolls-Royce Motor Cars for a total price of 150 million pounds.

After the acquisition, the Bright Fund continued to assist Rolls-Royce Motor Cars in acquiring the remaining shares of Jaguar Motor Company.

As for Rolls-Royce Motor Company, it began to digest the fruits of the acquisition.

According to Xia Yu's original plan, Leyland Automobile Group will be split up. Among them, the automobile department owns Rover, Morris, Wolseley, Riley, Jaguar, MINI and other brands.

Later, Rover's four-wheel drive division was separated and the Land Rover brand was established to specialize in off-road vehicles.

Then there is the truck and bus manufacturing department, which is under the banner of Leland Truck Company and restored its original name.

Leland Trucks is a subsidiary of Rolls-Royce.

The Rolls-Royce Motor Company was restructured into a group company.

Then there was TI Automotive Systems, which was also taken over by the Rolls-Royce Motor Group for a purchase price of 40 million pounds.

After that, there was Lotus Motor Company, which was wholly-owned by Bright Fund for a price of 10 million pounds, but it did not immediately transfer to the Tiangong Automobile Group.

After all, Lotus is different from Lamborghini. Lamborghini is an Italian company. It is very difficult to transfer to Tiangong Group. However, McLaren and Aston Martin have not yet won, and they have rashly transferred and resold, which will easily attract media attention. Once it is manipulated by someone who wants to cause public outrage, it will be troublesome.

As for the most important Magna International company, it is still being acquired at this time, but according to Elena, after the initial difficult period, there has been a lot of progress, mainly in price.

Xia Yu is very concerned about the progress of the automobile company, but he is most concerned about the Royal Bank of Scotland and Standard Chartered Bank.

Holding the deadly handles of the two banks, the executives of the two banks were scared to death~www.readwn.com~ but they had to compromise. Some shareholders hurriedly dumped their equity to Bright Fund for fear that the news would leak out, causing the bank’s stock price to plummet. , Even further fermentation triggered a chain reaction leading to bankruptcy.

Now that the situation at Standard Chartered Bank is completely clear, and the situation at the Royal Bank of Scotland is gradually becoming clear, George Berkeley is making every effort to fight for it, and Elena does not hesitate to use the influence of the Howard family to help.

...

After another three days, thanks to the strong strength of Merrill Lynch, Polaris Capital's shareholding ratio in the company increased to 29.2%, becoming the actual second largest shareholder.

Merrill Lynch is now attacking the largest shareholder and Berkshire Hathaway.

And Polaris Capital itself, after three days of hard work, also increased Berkshire Hathaway's equity to 5.1% and automatically obtained a board seat.

On this day, before Xia Yu had time to go to Berkshire Hathaway, he received a report from his subordinates that Warren Buffett came downstairs and wanted to visit him.

Upon hearing this news, Xia Yu was stunned for a moment. He didn't expect Warren Buffett to play the card without reason and come directly to the door.

But he changed his mind. Although Buffett's sudden visit was very abrupt, it had to be said to be a very good means of breaking the game. Buffett was indeed different.

Then, Xia Yu ordered his subordinates to invite Buffett to come up, and he cleaned up the table a little bit and ordered another subordinate to boil water to prepare coffee.

After a while, with his hair a little gray, Buffett, who was just fifty years old, came to Xia Yu's face.

Xia Yu smiled and greeted him with a handshake, and invited him to sit on the sofa.

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