During the confidential conversation, Zhao Licheng conveyed Su Yang's opinion: No matter who is in the hands of Sansang Group, it will continue to develop steadily, and ensuring the interests of several major banks and investment banks will be the first thing Jiadian Group does in the future.
In addition, Sansang Group's factories, production lines, and sales channels around the world are the best complement to Jiadian Group's global strategy.
The share structure of Jiadian Group is simple and inconvenient for outsiders to intervene, but the share structure of Sansang Group is complex and loose. If Jiadian Group can control Sansang Group, it will be more beneficial to major banks and investment banks in Jiadian Group.
Benefits in technology products.
In order to express sincerity, the shares of Sansang Group held by Jiadian Group will be transferred to part of the Hermes Fund, so that the capital and people of China and the United States can participate in this split of Sansang Group and the globalization of Jiadian Group
in the midst of the feast.
As for the current struggle of the Sansang Li family, it is not for the better development of Sansang, but for the continuation of their family business.
With these words, all the major capitalists on Wall Street were tied to the chariot, and they also successfully planted in the hearts of these capitalists the psychological hint that everything the Li family is doing now is for their own family.
But in fact, every company manager is unwilling to let the company out of his control, which is a common problem among all human beings. If this matter were placed on Su Yang, Su Yang would not be able to accept being taken out of control by an outside company.
Expelled from the company he founded.
As for Su Yang's excuse, it is more like a beautiful coat that can cover up the bloodiest nature deep inside.
To put it bluntly, everything in this world is for profit. In particular, capitalists in various countries put making money first. As long as they can make money, they will not care who controls the company.
Is there any difference whether it's Jia Dian or Li's?
No difference.
As long as it can bring more green and beautiful products, it is a successful operator.
After the secret talks, the financial giants also conducted several rounds of research.
During the research, they found that it was indeed as Su Yang said that if Jiadian Group annexed Sansang, everyone would be able to share more profits in Jiadian's black technology products in the future.
As for the group's operations, there is no need to worry about this. Jiadian Group has grown step by step over the years and has already proven to everyone that they have the ability to run very large enterprises.
In addition, during the research, they discovered that their side had actually been tied to the chariot. The Hermes Fund they invested and underwritten had already been used by Jiadian Group to acquire a large amount of shares in Sansang Group.
.
If Jiadian Group is required to withdraw from this acquisition, then Hermes Fund is likely to have to cut back significantly or even be dragged down.
Therefore, after considering many factors, although several major banks did not express support for Su Yang's acquisition of Sansang Group, they gradually became tacit approval.
At this time, the Li family happened to ask for the issuance of new shares to attack Su Yang.
You must know that attacking Su Yang means attacking the funds invested by major banks and investment banks. Moreover, the prerequisite for successful attack is the issuance of new shares, which will still harm the interests of major banks and investment banks.
Two layers of interests have been lost, both inside and outside. Of course these financial giants will not agree!
On the one hand, your interests will increase, and on the other hand, your own interests will be harmed. There is no need to choose.
That's why Li Zaiyong was rejected by several major banks and investment banks on Wall Street.
After being rejected by Wall Street, Lee Jae-yong returned to Korea angrily.
But before he could sit down, Jiadian Group issued an announcement to transfer about 3% of the shares of more than 20 subsidiaries of Sansang Group to Hermes Fund. The price was traded at a premium of 15% of the market price.
90% of it is settled in cash and the remaining 10% is settled in shares.
After the entire transaction, Jiadian Group's shareholding in Hermes Fund will reach 50.87%, forming an absolute controlling stake.
After the transaction is completed, Hermes Fund will hold shares ranging from 5.1% to 5.24% in more than 20 subsidiaries of Sansang Group.
Because Hermes Fund is controlled by Jiadian Group, according to the rules of the securities markets of various countries, the shares held by Jiadian Group and Hermes Fund will be combined. Therefore, Jiadian Group officially holds two shares of Sansang Group.
More than ten subsidiaries hold more than 20% of the shares.
This also led to Jiadian Group raising placards against more than 20 companies under Sansang Group for the fourth time!
Another sign raising. But the whole world seems to be used to it now.
After all, they had already discovered that for some reason, the Jiadian Group was just going on a rampage, regardless of their actions, as if they were preparing to seize as many as possible before the Sansang Group, Gaoli, and Huaerjie could react.
shares, you can have a greater advantage in negotiations when the time comes.
However, in everyone's mind, even though Jiadian Group is so strong, in this financial war, it is not Jiadian that controls the situation, but Koryo and Wall Street.
In the end, it still depends on the attitude of Wall Street and the policies and regulations of Korea.
So no matter what Su Yang does now, it's all in vain.
Everyone just assumed that Su Yang was going crazy at the end and waited to see what would happen.
However, ordinary people can think this way, but Li Zaiyong does not think so.
Li Zairong has been paying close attention to every move of Jiadian Group.
At first, like ordinary people, he was very relaxed and felt that Su Yang was just doing useless work there. But when he came back from Wall Street this time, his mentality changed.
Because he found that things were out of his control, especially Wall Street's attitude, which made him feel frightened and chilled.
He was not a fool. From the time he went to Wall Street this time, he felt that the attitudes of these financial giants were ambiguous, and they might have reached some agreement with Su Yang in private.
In fact, he really wished he could just ignore Huaer Street and go back to fight on his own.
But...he can't.
Because most of the capital behind the five major chaebols comes from Wall Street, if Wall Street does not support it, then even if it forces the issuance of new shares through the board of directors, the other major chaebols are likely to be pressured to ban the purchase of these stocks.
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Then when the time comes, this move will be like shooting yourself in the foot.
What's even more frightening is that when he didn't get support from Wall Street and couldn't get assistance from the five major consortiums, Su Yang transferred the shares of Sansang Group to the Hermes Fund.
What does Hermes Fund do?
It is Su Yang and the financial giants of Wall Street who are preparing to launch a bridgehead for industrial upgrading around the world.
Among them, China Street's shareholding is as high as 25-30%.
What is the purpose of transferring the shares of your group to this fund?
buy?
Or cooperate...
Lee Jae-yong feels that his guess is likely to come true.
And, not only that, he also wanted more.
What is the purpose of the Hermes Fund?
In order to acquire suitable technology companies around the world, we will accelerate Jiadian Group's global strategy and allow Wall Street to get a share of this strategy.
But... there are so many technology companies in the world, is it too slow to acquire them country by country?
Wouldn't it be very tempting if a company, once acquired, could directly distribute and sell products around the world?
This...isn't it my own Sansang Group!
Acquiring a Sansang company is much better than acquiring dozens of technology companies!
So Li Zaiyong had to guess whether he was really targeted by the Hermes Project.
This also means that he is likely to be abandoned by Wall Street!
Thinking of this, Li Zairong's heart became colder and colder, but he was also increasingly filled with anger.
He felt that he had been betrayed.
And he was betrayed by the person he trusted the most!
The more he thought about it, the more angry he became. He angrily tore off his tie and walked around the office.
His steps became heavier and heavier, as if the worries in his heart were getting heavier and heavier.
Finally, he raised his head and looked at the photo of his father, Li Jianxi, the current president of the Sansang Association, hanging in the office. He gritted his teeth and felt fierce in his heart: Since he couldn't get support from Wall Street,
Then you might as well betray Wall Street!
Anyway, we are all looking for a father!
There is not only one dad in this world!
Which of the five gangsters cannot be a father!?
You know, apart from Wall Street, the company that holds the largest share of its own group is also Europe's... Yingguo.
The older generation of global hegemons, the Empire on which the Sun Never Sets, has entered its twilight, but its strength cannot be underestimated.
If I have their support, I can definitely get through this smoothly.
When the time comes, just slowly ease the relationship with Wall Street.
After all, winners have privileges, and Wall Street will not abandon such a big piece of fat.
As long as there are benefits, who cares about any discord that arose before?
The only problem may be that several large capital investors in Yingguo do not have many shares of Sansang Group. If they are just supporting it from behind, they may not be willing to do their best.
So...it's best to issue private additional shares to them so that they can become one of the company's major shareholders.
You can even take out two more board seats and let Yingmei provide one representative from each to join the board of directors and become an independent director.
As Yingmei checks and balances each other, its own voice in the group will still be extremely powerful, and it can also get twice the result with half the effort when conducting business around the world.
With this idea, Li Zairong couldn't sit still anymore. He picked up the phone and made several overseas calls...
What Li Zairong didn't know was that at the moment he made up his mind, the silver-white chain of fate [the future] that crossed the Sansang Group finally gradually solidified...
This means that under Su Yang's planning and the guidance of his abilities, the Sansang Group finally embarked on the path Su Yang chose for them...
...
The next day, more than 20 listed companies under the Sansang Group unanimously issued a statement: Because of the major asset restructuring involved, the stocks of all the group's subsidiaries were temporarily suspended.
This kind of collective suspension of trading by dozens of companies rarely happens, and everyone smells a hint of danger.
But I don’t know what the Sansang Group is doing.
Su Yang, who knew the "destiny" of the Sansang Group, was not at all panicked, and even took the time to make an appointment with Chu Xia and catch a fish.
Although the financial giants in Wall Street were a little surprised, they only thought that all Sansang did was to protect himself: the stock was suspended, and Su Yang had no way to acquire more stocks.
So they didn't ask any more questions.
And just after three days of such silence, on the fourth day of the suspension, Sansang Group held an internal board of directors meeting and voted on a resolution regarding the future of the group.
After the bill was passed, Sansang Group held a press conference on the bill in the afternoon of the same day.
At the press conference, Sansang Group defined Su Yang's Jiadian Group for the first time as a "barbarian" in a "hostile takeover". In order to prevent the barbarians from taking over the company, they decided to implement the "Poison Pill Plan" and introduce
【White Knight】.
Barbarians, poison pills, and white knights are all professional terms in the capital market.
Barbarians generally refer to capital parties that have strong financial strength but make hostile acquisitions of target companies without the consent of the target company.
The official name of the poison pill plan is "equity dilution anti-takeover measures." Generally speaking, it means that when a company encounters a hostile takeover, the management issues a large number of new shares at low prices in order to maintain its controlling stake.
The purpose is to reduce the proportion of stocks in the hands of the acquirer, increase the acquisition cost, and prevent the acquirer from achieving the purpose of controlling the shares.
For example, the previous plan of Sansang Group to issue new shares in Korea was actually a type of "poison pill plan".
But this kind of plan will generally harm the interests of current shareholders. Moreover, it is likely to allow a large number of shares to flow to the market. If the "barbarians" are determined to win, they may still gain a large amount of chips.
At this time, the "white knight" needs to step in.
White knights are generally large capital with strong financial strength, but they are partners recognized and accepted by the company. The company can privately issue additional shares to the "white knight" and let the white knight protect it.
Afterwards, the company can absorb white knights into management, hold shares, or give them a certain amount of profit through other agreements to let them exit.
With the deterrence of the poison pill plan and the white knight, the success rate of the hostile takeover plan will be reduced to an infinitesimal low, which can deter the barbarians and make them retreat.
This is a way for companies to protect themselves.
Therefore, many companies will use this method as protection when encountering hostile takeovers.
But...this is three funerals!
The three funerals are famous in Goryeo and even around the world!
So when the press conference was held, no one expected that Sansang Group would one day be forced to this extent by a company!
Everyone is shocked by Jiadian Group’s current strength!
Feeling that the Jiadian Group relied solely on business operations and did not rely on its own black technology, it forced the Sansang Group to look for the white knight.
This represents the real threat that Jiadian Group poses to Sansang Group!
However, when everyone was surprised by this incident, no one discovered the danger hidden behind the behavior of the Sansang Group!