After all, in the eyes of everyone, the person behind the Sansang Group is Wall Street. Any action it takes must be with the consent of Wall Street, or at least its acquiescence.
Therefore, no one thought that Sansang Group’s [Poison Pill Plan] this time was actually an action carried out by itself on the board of directors, bypassing the major shareholders on Wall Street!
And their purpose is to rely on the "Poison Pill Plan" to rely on Yingguo's large capital at the premise of harming the interests of existing shareholders.
As the five major gangsters, with Ying Guo as their backer, the Sansang Group will not be in too much danger at least in the short term. Let's get over this disaster first, and then ease the relationship later.
Li Zaiyong’s idea is very good, but Wall Street doesn’t know it!
After learning that Sansang Group held a press conference and announced the poison pill plan and the white knight, all the major financial groups on Wall Street were furious!
As mentioned before, Sansang Group has always been under the control of several major Wall Street banks and investment banks. They hold a large number of shares of Sansang Group, and most of these stocks are profit-distributing preferred stocks.
Once Sansang Group issues additional shares and their shareholding is reduced, they will lose huge profits.
However, Sansang Group bypassed them and directly held a board meeting, where it approved the plan to issue additional shares, which made them feel like they had been greenlit.
Although they have never interfered with the management of Sansang Group for so many years, the two parties have a tacit understanding that no matter what happens, they must inform them and gain their support.
As a result, the Sansang Group has now bypassed them on such a big matter. This is simply unacceptable!
So Wall Street directly put pressure on the country, asking the country's president to put pressure on Goryeo
After Lee Jae-yong made a foolish move that successfully caused a huge rift between him and Wall Street, the deflection of the fate line began to gradually show its power.
The next day, before the pressure from Wall Street reached Korea, the Sansang Group announced their "white knight": Yingguo Oil Company.
Yingguo Petroleum Company is one of the world's largest private oil companies (one of the Seven Sisters of International Petroleum) and one of the top ten private enterprise groups in the world. It is headquartered in London, England. The company's current asset market value is approximately US$200 billion.
.It was formed by the integration and reorganization of former Yingguo Petroleum, Amoco, Arco and Castrol.
Although this company is a private enterprise, it has a strong national background.
This is one of the reasons why Sansang Group chose them.
After announcing the white knight, Sansang Group also announced the preliminary transaction agreement between the two parties.
Sansang Group will issue tens of millions of shares at a price of 32,000 Korean dollars per share, with a total value of 30 billion yuan, to acquire three oil fields of Yingguo Petroleum Company in Central Asia.
After the transaction is completed, Sansang Group will establish a new oil subsidiary with Yingguo Oil Company to refine and sell oil.
Yingguo Petroleum Group will also hold 21.54% of the shares of Sansang Group and become the largest shareholder of Sansang Group.
Once this trading plan was released, the whole world was shocked!
What the hell kind of deal is this?
The Sansang Group’s brains were eaten by zombies!
Three oil fields were acquired with 30 billion yuan! And then the price was determined by stocks?!
What is the market value of the entire Yingguo Petroleum Company?
As for setting up a subsidiary and entering the oil industry, everyone is not a fool. They know that this is an excuse!
Are you a technology company going to dig for oil?
Why don't you dig for gold?
Gold is at least a raw material for the electronics industry, and it has something to do with your industry. Oil has half a cent to do with you!
Moreover, excluding all the complicated information, the essence of this transaction is actually: Yingguo Petroleum exchanged three oil fields for 21% of the shares of Sansang Group! It became the largest shareholder!
Is Sansang Group so cheap?
Just worth three oil fields?
You don’t think that the whole world is full of fools, do you?
Everyone is crazy.
I feel like I was fooled by Sansang.
Some netizens even posted jokes: I don’t have an oil field, otherwise I would definitely change to a Sansang. In this way, I can use a series of home appliances such as cars, mobile phones, TVs, screens, computers, etc. for free.
Although this is just a joke, it can also show the general view of the world on this transaction: the three losses were a big loss.
But money is not the only kind of interest in this world, and what Sansang Group wants to gain is not monetary interest. At a certain level, the question is obviously much more complicated.
For example, the current will of the San Sang Group is actually the will of the Li family. All their goals are to maintain their own status and control over the San Sang Group.
Then when the major Wall Street shareholders no longer support themselves, if Yingguo Petroleum Company becomes Sansang's largest shareholder, then as long as Sansang obtains its support, it can still maintain control of the Li family's current management team.
However, these deep-seated reasons cannot be announced.
So this deal has been criticized since it was announced.
Some of the major shareholders who hold the shares of Sansang Group all complained in the media, believing that this was the most failed transaction that Sansang Group had ever done since its establishment.
If Li Jianren could still stand up now, he would probably jump out of bed immediately and give his idiot son a slap in the face.
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However, those investors who held Sansang's stocks also began to object and sell at the same time. After all, when Sansang issued private shares, the value of the stocks in their hands would also shrink by about 20%.
This also harms their real interests.
The poison pill plan is a strategy that injures the enemy a thousand times and damages oneself eight hundred.
At this time, Su Yang was standing in the newly built industrial zone of Jiadian Group's Magic City. He calmly drank a cup of tea and looked in the direction of Goryeo, "Fate is really terrible."
Xiao Ha sat next to him, raised his hind legs behind his head, scratched his head, and then said without raising his head, "Su Yang, look in the opposite direction. That's the south. Korea is in the north."
"Oh." Su Yang turned around and sighed again.
The sun shone on his body, giving him a god-like aura.
On October 7, the President of Magnesium State put pressure on Goryeo, believing that the Sansang Group's transaction violated the rules of fair and equitable transactions, sacrificing the interests of all shareholders, the bargaining chips of the two parties' transactions were unequal, and was suspected of deliberately conveying benefits.
Goryeo investigates.
The poison pill plan first originated from the Magnesium Country. It is also a "democratic" equity protection plan promoted by the Magnesium Country to the world.
Over the years, many companies have used similar plans, but Magnesium has never said anything.
Only when the poison pill plan harmed the interests of the country's capitalists did it jump out and say that the plan was questionable.
I have to say, he has the shameless temperament of an old man.
After all, it’s oriented toward dishonesty and oriented toward human rights!
Everyone knows it.
After being put under pressure by the Magnesium Kingdom, Goryeo had no choice but to launch an investigation process. Just because it involved Sansang, the Magnesium Kingdom, and the Ying Kingdom. With one big chaebol and two big wanderers, there was nothing Goryeo could do.
Just suspend the plan, but don't announce the results, drag it on.
Gao Li's idea is also very simple, that is, let these giants negotiate on their own. After the results are obtained, they will stamp their own seal, which will count as the results.
The fate of small countries is so sad.
After learning about the pressure from Wall Street, the Sansang Group also panicked. Li Zaiyong quickly flew to Yingguo, hoping to ask his allies to mediate and complete interest negotiations in private.
As a result, not long after he flew to Yingguo, he received shocking news: after studying the matter, Yingguo felt that this transaction seemed to have limited benefits to their country.
Therefore, Yingguo Oil Company unilaterally decided to terminate this plan.
When he learned the news, Lee Jae-yong was stunned at the Renton Airport.
He never expected that the allies he had worked so hard to find and the big capital he had worked so hard to persuade would just give up on him!
Then how do you face Su Yang's attack, how do you face the anger of Wall Street and the Magnesium Country!
At this time, Su Yang, who had received the news earlier in the city, drank the tea in the cup with a smile, and then burst into laughter.
Because he knew that the fate line he saw had finally come true!
In fact, Su Yang was a little surprised when he first saw this fate line. Because there were too many coincidences and inevitability in this fate line.
The first one is that he really didn't expect that San Sang could actually betray his "dad" and choose a new father.
After all, in the minds of everyone in the world, behind the Sansang Group is the Magnesium State. In fact, a big reason why he is where he is today is the support of the Magnesium State.
It can dominate the country, but it is difficult for Goryeo to restrict it, also because of the support of Magnesium.
Therefore, no matter how much they think about it, no one would think that it would betray its sponsor.
But when I think about it more carefully, it seems reasonable.
If you study world history carefully, you will find that the relationship between countries and between plutocrats is actually more about interests. If fundamental interests encounter conflicts, then it is normal to change the flag.
For example, during the Fourth Oil War, Egypt turned its back on the father behind the scenes: the Soviet Union, and replaced it with the Magnesium State.
The same goes for Sansang. If the conflict of interest is really great, then it is entirely possible for him to change his father. As long as this father can withstand the pressure of the Magnesium State, that will be fine.
You are still a dog anyway, but if you work in Lao Li's family, is it more noble than Lao Zhang's?
The second coincidence is that the new father that Sansang Group found is Ying Guo, who is the most unreliable. And Ying Guo is really willing to accept it.
Yingguo is one of the top five gangsters in the world. The former empire on which the sun never sets is now the twilight empire, which has long since declined. Its influence in the world has begun to gradually decline.
Therefore, slowly, it awakens its talent as a "shit stirrup". No matter what happens in countries around the world, it will intervene.
Sometimes, looking at what it does, we find that its logic is actually very simple. They have adopted the same attitude over the years: I may not make any money, but you must lose something.
It simply harms others and does not benefit oneself.
This also leads to the fact that when the Sansang Group surrenders, they will really accept it. After all, it will cause some trouble to Korea, Meiguo, and even China. Yingguo, a troublemaker, is willing to play even if there is no benefit.
As for San Sang's choice of Ying Country, it was a coincidence, but also inevitable. There are only a few of the five gangsters. If they choose Rabbit and Grizzly Bear, they will immediately fall out with Mei Country, which means they are really at odds with each other.
As for Britain and France, they would definitely choose the Ying State. After all, the Ying State is weak and France is even weaker. The relationship between the Ying State and the Magnesium State is not bad, and it is considered an implicit alliance, so choosing the Ying State can alleviate the consequences of this betrayal.
impact.
That's why the Sansang Group chose Yingguo, and Yingguo was willing to accept Sansang. After accepting it, then abandoning it, it is extremely logical.
Therefore, a shit stirrer is indeed a shit stirrer. He can always do some weird things that make you laugh or cry when you analyze them afterwards.
In fact, Su Yang has never been idle during this process. After all, without him leading Huaer Street to his own lineup step by step and pushing the three mourners to the point where their core interests were harmed, this series of things would not have happened.
In particular, Su Yang clearly held a lot of shares of San Sang Electronics in his hands, but Su Yang released them step by step, just to force San Sang step by step.
This seems to be an economic war, but it is actually a psychological war.
After all, the key to this fate lies in several choices made by Li Zaiyong. Only after Su Yang forced him to the point of despair, would he make that absurd but destined choice along the line of fate.
Su Yang chose the destiny for the Sansang Group, but he also played his own role in this destiny and contributed to the flames. This is the real way to use this [Hand of Destiny] ability.
On October 20, Sansang’s board of directors decided to cancel the private placement of shares.
On October 21, Sanzang suspended the production of n7 mobile phones, upgraded all n7 mobile phones, and permanently banned Sansang n7 mobile phones.
Sansang n7 mobile phone officially declared a failure.
On October 22, Lee Jae-yong resigned from the Sansang N7 mobile phone incident and left the Sansang board of directors.
Prince Sansang has since been expelled from the board of directors.
But everyone knows that taking responsibility for the n7 mobile phone incident is actually just an excuse. The real reason why he took the blame and resigned was the "Poison Pill Plan".
Since then, the people within the Sansang Group who were fighting against Su Yang were eliminated, and Su Yang won the most critical victory in the battle for Sansang's equity.
And all the eyes of the world are focused on the Magic City, wanting to see what this young man who has just turned 20 is planning to do next.