v3 Chapter 888： The father of Bloomberg (1/2)

”Half right.”

”The Galaxy Fund should not be exposed, but Philip Brothers can do its best to do long oil futures. It needs a victory to restore investor confidence.”

”Just to push Philip Brothers to the front of the stage, it can better conceal the actions of the Galaxy Fund.”

Xia Yu said lightly.

After speaking, his eyes swept across everyone's faces, and he ordered: ”Each of you originally had a corresponding investment team, but it is still the same. Xue He will work harder. Philip Brothers wants you to be responsible for implementing the plan.”

”understand!”

Next, Xia Yu dealt with some of the people's problems on the spot. After the meeting ended, everyone performed their duties and acted quickly.

Xia Yu went back to his office, thought about it, picked up the phone, and called Elena. After a chat, Xia Yu informed her of her judgment on oil futures and asked her to act for her. Tell her father, Duke Carter Howard.

Anyway, the oil futures market is so huge that one person can't make all the money at all. When this time comes, he will sell his favor easily.

As long as Duke Carter Howard makes a profit, he will always give back to Xia Yu at a certain time.

As for George Berkeley, Xia Yu did not notify him. After all, Bright Fund has no branch in the United States and cannot participate in long oil futures.

At present, there is one and only the New York Mercantile Exchange in the United States that has listed petroleum futures contracts. According to the historical trajectory, the UK will not list light diesel futures contracts until next year at the earliest, and it will compete with the New York Mercantile Exchange.

After arranging the oil futures affairs, Xia Yu was more relaxed and had more time to pay attention to the political situation in the United States, occasionally playing golf at appointments, and attending a reception to expand his contacts.

Until September 18th.

Xia Yu is studying the American entertainment media market in his office, and he will wake up with two knocks.

He followed the reputation and saw Xue He standing at the door holding a folder with joy on his face.

Xia Yu raised his mouth slightly, nodded to Xue He, and motioned for him to come in.

Xue He walked in quickly, and said, ”Boss, it took a total of 18 days. All the shareholders of Salomon Brothers have all their shares. This is the entire agreement and the certificate of equity. Please have a look!”

”it is good!”

Xia Yu could not help cheering for Xue He, his eyes full of admiration.

Hearing the boss applauded, Xue He's smile was all over his face, but he repeatedly said modestly: ”It's the boss that you are good to guide.”

Xia Yu smiled and said to Xue He: ”Let me take a look first. Find a place to sit. If you want to drink tea, do it yourself.”

”Good boss!”

Xue He immediately responded, and then walked to the side to make tea. After making tea, he first poured a cup for Xia Yu, and then poured the cup himself, sitting on the sofa and waiting, looking at Xia Yu from time to time.

Because Salomon Brothers is a partner company, although it is not listed, it has a large number of shareholders, with a total of nineteen.

However, most of the nineteenth holders are very small, ranging from 2% to a few tenths of a percent. Those who are eligible for equity are all veterans and have made great contributions to Salomon Brothers. The core figures of the general high and middle level are only bonuses and dividend qualifications.

There are only five core major shareholders, and the total shareholding ratio of these five shareholders reaches 86.3%.

In the acquisition of Salomon Brothers, it was these five major shareholders that were really conquered.

After these five shareholders were taken down, other scattered equity was easily bought.

Throughout the process, Philip Brothers will need to spend $314 million in the purchase price.

Among these 314 million U.S. dollars, all shareholders of Salomon Brothers received a total of 275 million U.S. dollars, which were distributed in proportion to their equity.

The remaining $39 million in expenditure is a commission paid to Goldman Sachs. Relatively speaking, this commission is absolutely extremely high, but it is also what Goldman Sachs deserves.

Goldman Sachs took only 18 days from receiving the order and formulating the plan to completing the task, and the price was reduced to 275 million U.S. dollars, which is absolutely eligible for the money.

If Goldman Sachs takes a month to complete the equity acquisition, and the price is less than 300 million US dollars, they can get a commission of 5 million US dollars and burn the scent. If it is overtime, according to a special gambling contract, Goldman Sachs Have to pay for it.

Generally speaking, in Xia Yu's view, this sale is a good deal and the money is well spent.

I have looked at each of the independent equity transfer agreements, and when he reached the last one, Xia Yu's eyes were fixed, and the figure of one of the world's top ten richest men appeared in his mind.

The father of Bloomberg-Michael Bloomberg!