Rebirth of the Strongest Tycoon

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"That's right!"

"Other companies are different from Bilbao Vizcaya Bank. Now there is a problem with the bank's capital chain. If the enemy enters the company, it will be difficult for us to defend ourselves."

Saren Francisco nodded solemnly, with an extremely serious tone.

"Cousin, I invite you here because I hope you will lead other clan members to take charge of this matter. The top ten shareholders of each company will confirm the equity situation as quickly as possible."

"If a shareholder really betrays us, even if some people don't admit it, they can always find the problem."

"Even if we have to give up some companies, we should try our best to give up companies that are more difficult for us to hold on to reduce losses as much as possible!"

The old woman took a deep breath and then stood up: "Okay, leave this matter to me. I will investigate it as quickly as possible, convene a think tank to analyze and judge, and formulate the best stop-loss plan."

“As for Bilbao Vizcaya Bank, I’ll continue to rely on you!”

…

A morning passed.

The Francisco family hasn't figured out everything about the company yet.

However, the stock prices of various listed companies have been falling.

Although according to the think tank's strategy.

All listed companies have spoken out, severely condemning the malicious attacks by financial gangsters, and claimed that the company's operations are very healthy and the management is formulating a stock repurchase plan.

However, this kind of behavior of only firing cannons without actual rescue operations has had minimal effect.

There are elites in financial institutions, and these rhetoric may be enough to deceive ignorant investors, but it cannot deceive them.

The source of the problem lies in Bilbao Vizcaya Bank and in the capital chain of the entire Francisco family consortium.

Do these listed companies still want to rescue the market?

Whether the funds in the corporate account opened in the Bilbao Vizcaya Bank can be withdrawn is currently a question. Where will the funds come from to buy back stocks?

Do you expect them, investment shareholders without management rights, to sacrifice themselves for others?

Don’t even think about it!

The entire Francisco family spent Monday in agony.

Even Bilbao Vizcaya Bank returned the deposits of 14 companies including Coca-Cola Company.

But Xia Yu's media empire never lacks material!

There’s no shortage of news space!

Without Coca-Cola, there are other small and medium-sized companies that are not our own as protagonists.

The main thing is to adapt to local conditions and bloom everywhere.

Various local newspapers, television and radio stations all took part!

All kinds of negative public opinions are still overwhelming, swamping Bilbao Vizcaya Bank.

So much so that during working hours, various bank branches of Bilbao Vizcaya Bank were overcrowded, and the queues for withdrawals were long.

Even though Saren Francisco used 200% of his efforts and begged his grandfather and grandmother everywhere to raise funds, he got more than 700 million US dollars.

However, the loss of funds that day still reached 1.8 billion US dollars.

After get off work, Saren Francisco, who had just breathed a sigh of relief, felt like fainting when he saw the data reported by his subordinates, which showed that the entire bank had insufficient liquidity.

Less than $600 million!

Maybe while he was sleeping, savers in the other hemisphere could withdraw all the money!

Although some investment assets have been quickly disposed of, it is also very difficult. The buyers have all taken advantage of the weaknesses of Bilbao Vizcaya Bank, and the prices they offer are more and more cruel.

There is no way to go on like this, it will definitely be consumed to death!

Just when Saren Francisco was helpless and anxious.

He received a call from the general manager of the British branch of Wells Fargo Bank.

The purpose is very clear.

Want to acquire the shares they hold in the Schroders Group.

Without any hesitation, Saren Francisco agreed and made an appointment to meet tonight.

After hanging up the phone, he called a few subordinates and immediately drove to the meeting place.

…

Interestingly.

Saren Francisco and others arrived on time.

But the Wells Fargo team hadn't arrived yet.

"Chairman, it's already seven o'clock in the evening, and the people from Wells Fargo are late."

The subordinate looked at his watch and whispered to Saren Francisco, who was closing his eyes to rest.

The latter did not open his eyes, but his face twitched slightly, showing his inner unrest.

"hold on!"

After uttering a few words, Saren Francisco stopped talking.

Normally, facing the general manager of a British company like Wells Fargo, he would definitely break out and leave, but this time was different, so he could only endure it.

More than two minutes passed.

A series of footsteps finally came from outside the door. He immediately opened his eyes and straightened his clothes, trying to look energetic.

The four subordinates who came together immediately arranged their clothes.

"squeak……"

As the door was pushed open, a group of men in suits walked in.

The handsome middle-aged blond guy at the head is none other than Simon Phil.

He looked apologetic and said with a smile: "Mr. Francisco, I'm sorry. There was a traffic accident on the road, which caused a traffic jam. I'm a few minutes late. Please forgive me."

"It's okay, we just arrived."

Saren Francisco said with a smile.

Smiling again, Simon Fehr led his subordinates to sit on the other side of the oval table.

"Mr. Francisco, on behalf of our company, I sympathize with what has happened to your bank recently, and I hope you can get through it as soon as possible."

As soon as he sat down, Simon Phil said with a kind face.

But when these words fell into the ears of Saren Francisco, they were very harsh, but he had to squeeze out a smile and say thank you: "Thank you, our bank will definitely be able to tide over the difficulties, and we already have practical plans."

Simon Phil smiled noncommittally, and then began formal negotiations.

"Mr. Francisco, I think you must be in a hurry, so let's get started directly. This is our company's acquisition intention."

After saying that, he made a gesture of invitation.

The subordinates sitting on both sides of him immediately handed over the prepared materials, and each person gave one copy.

Saren Francisco and others immediately opened it and started reading.

The content is not complicated.

In addition to the evaluation of the stock value of Schroders Group, it is also the proposed acquisition price and other fixed contents of the acquisition agreement.

But the price was hard for Saren Francisco to accept.

£0.90 per share!

"Mr. Simon, your price is too outrageous!"

There is no need to read the other contents. Just seeing the purchase price, Saren Francisco choked with dissatisfaction.

You know, when they made the initial acquisition, even though Schroders Group's stock price plummeted due to its failure in the Hong Kong capital market, their starting price for the acquisition was still 1.46 pounds per share.

And in the later stages.

Because of strong competition with Bright Fund.

Schroder Group's share price bucked the trend and rose.

At one point it rose to more than £3 per share.

This makes the average cost of their acquisition of 100 million pounds as high as 2.57 pounds per share!

Now Wells Fargo is offering 35% of their cost!

Almost a third of the price!

If agreed.

That would cost them more than £183 million!

Definitely taking advantage of the situation!

Of course Phil Simon knew that he was taking advantage of the situation, but he denied it. He shook his head solemnly and said, "Mr. Francisco, we are not taking advantage of the situation."

"You should be aware that Schroder Group has suffered huge losses in the Hong Kong capital market and has lost many important customers as a result. This year's development expectations will definitely be lower than next year's."

"The reason why the stock price rose before was because you and Bright Fund were bidding. The stock price at that time was not representative. Our assessment was based on the actual situation."

"You are no longer bidding with Bright Fund, and the stock price has fallen. Sooner or later, it will return to normal levels."

"So you shouldn't think about your acquisition cost, but you should make a judgment based on the actual situation."

"Very reasonable!"

Saren Francisco shook his head firmly: "There were other companies that wanted to buy our shares in the Schroders Group before, and the price was much higher than what you offered!"

"Instead of doing this, I might as well sell these shares to others!"

Phil Simon showed an inexplicable smile: "Mr. Francisco, you may underestimate our intelligence capabilities too much."

"Schroders Group's acquisition is also a huge whirlpool. All parties involved are capital giants, and few companies dare to intervene."

"And with the current situation of the capital market in Europe, I think as long as the leaders of financial institutions are not confused, they will definitely choose other easier ways to make money instead of jumping into this vortex without overestimating their capabilities."

“Not every company is like us at Wells Fargo.”

"The stocks you hold are worth nearly 100 million pounds, which is equivalent to 180 million US dollars. I think you need this money very much now!"

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