The next morning, Li Guangyu held a high-level meeting of Li's London companies in the conference room of the Regal Hotel.
Li Guangyu specially listened to Yuan Tianfan, Zhao Xiaoyan, and others' investigations into several British companies.
Yuan Tianfan said: "Li Sheng, I'm afraid it will be difficult for us to take over these companies alone this time. Just one natural gas company is expected to cost close to 6 billion pounds, and at the current exchange rate, this is nearly 10 billion U.S. dollars. Others
The market value of each company is not much less.”
Although Li Guangyu seems to have brought a lot of funds this time, it is still not enough to take over these major companies.
Moreover, these companies are closely related to the lives of citizens, and the Labor Party is very opposed to this.
Some citizens are also worried that once these companies are privatized, it will not be conducive to price stability and will increase their cost of living in the future. Coupled with the propaganda of some speeches by the Labor Party, the voice against privatization has not stopped.
Of course, Li Guangyu knew that it would be expensive to completely take over these companies. Look at Hong Kong, which is much smaller than England. The market value of those monopoly gas, electricity and other companies is as high as tens of billions of Hong Kong dollars. It is understandable that prices like this here are
.
Although Li Guangyu also knew that the negotiators on the British side were asking for high prices, Yuan Tianfan had already given an estimate, so the market value of the company would have to be at about this price.
With the funds he had this time, if he did not consider loans, he would probably have to choose only two of the three major companies: electricity, water and natural gas.
Fortunately, the nobles in England are also ready to get involved this time. Although it is not yet certain how many shares he holds in this joint venture, he expects it to be no more than 50%. In this way, he will have enough funds to acquire these three companies.
company.
Li Guangyu said to the senior executives present: "You don't have to worry too much about this. I had a discussion with Earl Spencer last night. Some nobles in England are interested in cooperating with us this time. Let's jointly establish an investment company."
The company is used to acquire these three companies and invest in Britain’s future industries.”
Yuan Tianfan and others knew that Li Guangyu went to Althorp Manor last night, but they did not know what Li Guangyu went to discuss.
Now listening to Li Guangyu mention it, they are quite happy in their hearts. These senior officials are very aware of the influence of these great nobles in the upper class of England. After the cooperation between the two parties this time, many problems can be easily solved.
These senior executives are not like Li Guangyu who attaches great importance to their shares. In fact, they would rather the group they lead is listed, so that they will have a greater sense of accomplishment.
Now Li Guangyu is the sole proprietor, and their group cannot even enter many rankings. One of the most important problems is that their group is not a listed company.
At the same time, because the group is not listed, the market value of their group will be greatly underestimated, and accurate data cannot be reflected at all.
Moreover, this joint venture is indeed more beneficial to the Li Group. First, it solves the current problem of insufficient funds. Second, with the help of these nobles, it will be easier for them to acquire. Third, it can reduce the number of bids for this acquisition by London citizens.
Compared with these nobles, the Li Group has always been an outsider.
Zhao Xiaoyan asked: "Li Sheng, I wonder how many shares we hold in this joint venture and how much capital needs to be injected in the first batch?"
"I just reached an intention to cooperate with Spencer. As for the specific shareholding in the joint venture, Tianfan will discuss it in detail with you, Zhengsheng, Ziyu and their people in the next few days."
These matters cannot be decided immediately. After all, there are many interests involved, and Spencer himself cannot make the decision.
Li Guangyu estimated that it was the Duke of Westminster who made the decision this time. Among Spencer and others, only this Duke has the largest assets. It is estimated that the assets are tens of billions of pounds, which does not include the invisibility of his family.
property.
They are already quite familiar with such joint ventures. The current Xiangjiang China Investment Company in Xiangjiang is running quite well. The Li Group does not need to spend much effort on management and can obtain good returns every year.
Although these benefits were not distributed as dividends and were placed in the company's continued operations, the market value has indeed increased a lot.
Yuan Tianfan said: "Li Sheng, I don't know what your plans are for this company. How many shares do we hold in it?"
This aspect still needs Li Guangyu to set the tone, otherwise they don't have a standard and it would be difficult to negotiate with people from the British aristocracy.
Li Guangyu said with a smile: "There are many nobles cooperating with the British side this time. There are four dukes, as well as many marquis and earls, so we cannot occupy a too high share, 30%. I think such a value
It is more appropriate to let these families hold 70% of the shares and hand over the management of this joint venture to them. We only need to supervise the finances."
Since he does not hold the majority of the shares, Li Guangyu has no interest in controlling such a company. Besides, he does not have enough senior management. These nobles have many elite talents, and it will be more convenient for them to manage the company's development in England.
This concession is really big enough. Yuan Tianfan and the others knew very well that before coming to England again, Li Guangyu planned to take over all these companies. Now he only holds 30% of the shares of the investment company, which is equivalent to taking several companies.
Control was handed over to the British aristocracy.
And the Li Group can only wait for dividends every year. Once these nobles join forces, they will have no power to resist in the investment company.
They didn't believe that Li Guangyu didn't know what was going on here. This would have never happened before.
Back in those days, in order to obtain absolute control of Xingyue Group, the Li Group had to hold more than two-thirds of the shares, and the Fujiwara family could never hold more than one-third of the shares.
The same is true when Jiayi Group goes public. Currently, they hold 70% of Jiayi Group's shares to prevent the group from losing absolute control.
But now Li Guangyu only wants to invest 30% of the company's shares, which surprises them.
Gu Zhengsheng said: "Li Sheng, if we only hold 30% of the shares, it will be very disadvantageous for us. I think this share should be raised to 35%. If possible, raise it to 50%. In this way
Only when our cooperation goes wrong in the future can we take the initiative."
Zhang Ziyu, Zhao Qihui, Qin Yu, Zhao Wenhua and others all expressed their support for Gu Zhengsheng's opinion. England is not Xiangjiang, and these nobles are not Zheng Yutong, Li Shauji, Guo Desheng and others. They are all families with very good relations and share the shares.
It doesn't matter if they are short, Li Guangyu is in a state of mind to take care of them anyway.
It's different here. The Li Group doesn't have much of a relationship with these nobles. Whether they can continue to cooperate for a long time is unknown. Just in case, it's best if the shares exceed 34%, so that the Li Group can have more than 34% of the shares here.
If you have a seat on the board of directors of a company, you won't have any room for resistance.
When Li Guangyu saw that so many people supported Gu Zhengsheng's proposal, he no longer insisted on his previous ideas and agreed with Gu Zhengsheng's opinion.
He had previously felt that with so many noble families this time, if he occupied too many, the remaining shares would not be enough for these families.
When Gu Zhengsheng said this, Li Guangyu also felt that he had to be prepared and let Yuan Tianfan and the others talk about it first.