Chapter 650 [Comprehensive War 1]
The war between the Keira and the Lohill family caused an increasing response in Britain;
The direct result is that it has driven the surge in the entire British stock market!
At the end of April, Keira was holding a progress meeting in the Metro Group conference room.
Kaila first asked, “Mr. Yuri, how is our acquisition going on?”
Yuri is a member of Lloyds Bank, and Lloyds Bank is the investment advisor for the acquisition.
Yuri said seriously: "Standard Standard Chartered has acquired 50% of the shares, and the management of Standard Chartered Bank has chosen to support the Kayla family in the Losheil family and the Kayla family; so we can hold a board meeting and enter the management to control Standard Chartered Bank!"
Upon hearing this, the senior executives of the Kaila Department in the conference room were all overjoyed!
Only Keira frowned and continued to ask, "How many shares did Barclays acquire in Standard Chartered?"
Behind Barclays is the Lossell family. This time the participation of Standard Chartered Bank was the Lossell family instructed Barclays to do it.
Yuri thought for a moment and said uncertainly: "It is expected that there will be about 15% of the shares, and I believe they will also follow the trend to enter the Standard Chartered Board of Directors!"
In the UK, owning an 8% stake in a company has the right to enter the board of directors!
It can be predicted that the Losheil family will have at least two board seats with about 15% of the shares.
Obviously, this is very disgusting!
Kaila asked again: "How much money has been consumed by acquiring Standard Chartered Bank?"
"We own 10% of Standard Chartered Bank and it took a total of 550 million pounds ($1.36 billion) to acquire the remaining 40% of the shares," the auditor said.
Since it was acquired at a premium of 70%, the cost is relatively high!
From this point of view, the European Wu family and the Loshir family have already formed a bond;
After all, if the Losheil family does not participate, a 50% premium can achieve the goal.
Kayla nodded and continued, “How is Barclays going?”
Yuri was stunned. This "retail queen" wouldn't really get involved in Barclays!
This is no less than a financial world war!
Yuri suppressed his shock and said: "Although it was only a 30% premium in the acquisition, many Barclays shareholders believed that we had no intention of getting involved in Barclays, so they sold their shares to us. We currently own 7% of Barclays shares, costing £410 million."
It was a complete surprise!
The premium of 30% is not high, but many investors are not optimistic about this acquisition, so they predict that the acquisition will not continue to raise prices;
So, they would rather make 30% first;
After all, after the acquisition fails, the stock price will fall!
Kaira started to think about it when she heard this;
I called the man myself, but my man just said that everything is based on the premise of the withdrawal of the Losheil family from Standard Chartered Bank.
The implication is very simple, which is to fight the Loshir family for mercy.
How to make them beg for mercy is actually very simple, and they can acquire Barclays at any cost.
This method is similar to the operation method of Chinese Liu, forcing the major shareholder to finally repurchase the shares in the hands of the initiator;
Not only will you not lose money, but you will even make money!
Barclays Bank is the flagship bank of the Losheir family. It is not an exaggeration to say that it is a lifeblood. It is conceivable that if the British Wu family attacked fiercely at any cost, the Losheir family could only beg for mercy.
With an idea, Kaila said strongly: "Continue to acquire Barclays at a premium of 50%, and everything aims to own Barclays' absolute holding. Finally, what I want to say is - regardless of the price!"
Advisors at Lloyds Bank and Royal Bank of Scotland were shocked. Is this newly-established family going to start a war against the old family?
Yuri said tentatively: "Funding?"
Kayla smiled and said, "Totally enough, I can mobilize 8 billion pounds, or more! You don't need to worry about this!"
Lufeng Group has a mortgage of US$1.5 billion, Metro Group has raised US$5 billion, and Wu Guangyao once again promised that US$15 billion will be provided by the family office.
Wu Guangyao made a total of 50 billion US dollars last time, spending less than 20 billion US dollars, and major banks around the world still have 30 billion US dollars!
Not only that, Wu Guangyao's company can pay more than US$3 billion in annual profits, and it definitely owns cash cows.
Wu Guangyao determined that his side would win, and the price incurred by the acquisition would be paid by the Losheil family;
So, what if you flirt with a tiger's beard?
The Wu family's companies have very high holdings;
All listed companies in Hong Kong have more than 50% of the shares held by them (part of which are held by relatives);
All overseas listed companies have more than 40% of their shares, and if they undergo malicious acquisitions, they will soon be able to increase their holdings to 51%.
Although the holding company of the Losheil family is cross-holding, it will never exceed 30%;
Even 20% may not be available!
Hearing that Kaila could mobilize $20 billion, all the acquisition executives gasped for air conditioning except for the family office staff.
Yuri said worriedly: "Will this cause financial turmoil in the UK?"
Behind Lloyds Bank and the English Gold Bank, it can be said that the owner of this country is, and it is normal to worry about this;
But Kaila didn't care about so much and said, "This is not a war I provoked. Even if the government wants to interfere, it's not my turn!"
Yuri and others understood that this person was forcing the British government and the royal family to give Rohill a warning!
......
In the battle between the Wu family and the Lohill family in the UK, the Wu family took the lead in achieving results, holding 51% of the shares of Standard Chartered Bank;
At the same time, Standard Standard Chartered Bank's management promised to accept the leadership of the British Wu family;
It can be said that the Wu family has won!
On the board of directors of Standard Chartered Bank, Kayla officially became the chairman of Standard Chartered Bank's board of directors;
At the same time, his son Wu Xianyu and an external banker also served as directors of Standard Chartered Bank.
What is disgusting is that Barclays also elected two directors because their holdings reached 16%.
After the meeting, Barclays director Max found Kayla and said, "Ms. Kayla, since you have dominated Standard Chartered Bank, should you end this farce?"
At this time, the Kaila family has not yet issued a new acquisition announcement, and Barclays does not know that they are about to be in trouble!
Kaila said bluntly: "This is not a farce, but a normal business practice; we will continue to acquire Barclays stocks, and maybe in a while, you will call me 'Ms. Chairman'"
Max is the agent of the Lohill family, and he was shocked when he heard Kaira's words;
This is not a striking attack, but a real desire to swallow Barclays Bank!
"Ms. Kayla, you're playing with fire! Barclays' market value has reached 5.5 billion pounds. If you want to acquire it, you will have to pay at least 8 billion pounds, and you can't afford it!"
If Wu Guangyao was here, he would definitely agree to the transaction without hesitation and request to sign the acquisition contract immediately;
£8 billion is $20 billion, although Barclays is not worth that much now;
But where is the influence? Moreover, the Wu family can use Barclays Bank to serve as a dealer—gold and oil futures, and can quickly make up for the money.
Kaila said bluntly: "Then let's wait and see!"
Chapter completed!