v3 Chapter 1095： Amazing merger-LVMH Group! (1/2)
Xia Yu took a sip of coffee and said in a calm and powerful voice, ”Mr. Henry Rigamer, I came with sincerity, so I won't treat you badly, I only offer one price!”
Henry Ligamir nodded slightly and did not speak. He continued to watch Xia Yu quietly, but his breathing slowed down subconsciously.
”I will give you 50 million francs worth of equity!”
Henry Rigamer's heart relaxed, and then his mind was surrounded by a huge surprise in his heart.
It turned out to be an equity worth 50 million francs!
If this is placed in the Louis Vuitton Group, it will be able to get more than 2.5% of the equity!
He has worked for the Louis Vuitton Group for more than ten years, and his combined salary and bonuses are only 13 million francs!
Xia Yu’s compensation was nearly four times his total income over the past ten years!
At a certain moment, he subconsciously wanted to get more.
But this thought only appeared for a few seconds before being obliterated by his reason.
Enough equity for 50 million francs!
After all, he is holding equity, not cash, and he prefers equity to cash. After all, equity means dividends and a steady stream of income.
Not only that, the Bright Fund obviously has huge ambitions. After the merger of the Louis Vuitton Group and the Moet Hennessy Wine Group, the future will only be brighter. The company's potential is very large. In the future, the equity will only become more valuable. He is foolish. Will ask for cash.
He would not arrogantly think that his investment ability would be stronger than Bright Fund!
Moreover, after accepting this shareholding, he will eat with Xia Yu in the future. Equity worth 50 million francs will not occupy much of the combined company. Instead of being too greedy, Xia Yu feels uncomfortable and enters. After the company, Xia Yu had a way to clean up his small shareholder.
Countless history proves a truth, small shareholders can never fight against absolute controlling shareholders!
Just accept it if you see it!
Anyway, this price is not low! Exceeded his expectations!
After making up his mind, Henry Rigamer changed his mind. He took the initiative to lower his posture, showing gratitude, and said to Xia Yu enthusiastically: ”Mr. Xia, I accept your terms.”
Xia Yu said with a faint smile: ”Henri Ligamir, happy cooperation!”
”Happy cooperation!”
The two said and shook hands.
Now that it has been negotiated, there is no need for Xia Yu to waste time.
He bluntly said: ”Henry Rigamer, within about this week, the Moet Hennessy Wine Group will issue a merger application to the Louis Vuitton Group. You must make the most of your time and think about how to convince the Vuitton family as soon as possible. ”
”If there is any need for the cooperation of the Bright Fund, it can be mentioned in advance, and it is convenient for me to arrange in advance.”
”Okay, I will do my best!”
Henry Ligamir nodded and said.
”I'm waiting for your good news!” Xia Yu said with a light smile.
...
In the next few days, Leo Martin once again convened the board of directors of Moet Hennessy Wine Group. Amidst the incompetence of Jill Hennessy, he voted to pass the resolution on private placement.
After the board of directors was opened, the general meeting of shareholders was convened immediately.
Jill Hennessy, who had already known that it could not be stopped, directly refused to participate, so the shareholder meeting passed 100% of the vote, and a situation was taken to ensure that the process was legal and compliant.
The current version of the French ”Corporate Management Law” does not require the approval of the Securities Regulatory Commission for private placement of non-listed companies.
Therefore, after the general meeting of shareholders agrees, the resolution can be directly implemented.
The billion francs of the Bright Fund were already prepared, and immediately transferred to the company account of the Moet Hennessy Wine Group, and then the president Alain Chevalier arranged for his subordinates to go through the procedures for additional stock issuance.
Jill Hennessy could only watch angrily as his family’s shareholding ratio fell to 11.85%.
This is not over yet.
The acquisition team of the Bright Fund once again came to buy the equity held by the Vuitton family, and the attitude was very tough, completely intimidating, and there was no inducement at all.
When the company was listed, they held up to 17.5% of the equity. Even if it was transferred at a fair price, they were all worth more than 1.02 billion francs. If it comes to an ordinary premium of 30%, it can be worth it. More than 1,330 million francs.
But now?