Rebirth of the Strongest Tycoon

Chapter 1520: Accepting defeat and losing blood

These words of Phil Simon caused anger to rise in Saren Francisco's chest.

Even if he was mentally prepared to be acquired at a low price before he came.

but!

He also didn’t expect that the price offered by Wells Fargo would be so low!

And Phil Simon has made it clear that he wants to take advantage of Bilbao Vizcaya Bank's Achilles' heel.

It’s certain that they are now extremely short of money to save their lives!

But Salen Francisco had to admit that he really needed the money now.

therefore.

Even though his emotions made him want to slam the table and leave, his reason kept tugging on his emotions, making his butt feel like he was nailed to a chair.

Seeing this, Phil Simon couldn't help but curve the corners of his mouth slightly.

This mawei effect is good!

Negotiation advantage gained!

"Mr. Simon, if you sincerely want to acquire Schroeder Group's shares, then please make a sincere bid."

"Schroder Group is a high-quality company. As long as I announce the sale, there will be many buyers."

Of course, Saren Francisco was not willing to be manipulated like this, and continued to speak with a stiff neck.

"But the Schroeder family has no money, and the Bright Fund's bid will only be lower. As for other buyers?"

"Do you have this time to wait?"

"I heard that your bank's total liquidity is only a few hundred million US dollars, and even many bank branches in Spain have suspended operations..."

After Phil Simon made a simple statement, he asked teasingly.

"Snapped!"

"This is definitely news maliciously spread by the enemy!" Saren Francisco's face trembled, he slammed the table with his palm and argued loudly.

But the anger in his heart was burning, and his mind was already quickly analyzing who could be the traitor for leaking such private information.

There were just so many people reporting data and several people summarizing the data, so he felt that everyone was suspicious.

"Mr. Francisco, I'm not the only one who heard this news. We at Wells Fargo don't want to see Bilbao Vizcaya completely collapse, but the same cannot be said for others, especially those in Europe and even Spain. A bank, isn't it?" Phil Simon shrugged and said something confusing with a faint smile.

"£2.50 a share!"

Saren Francisco's expression changed. After a few seconds, he took a deep breath and forced himself to calm down. Then he looked at Phil Simon with a firm expression and offered the selling price for the first time.

"Haha, since you stopped participating in the bidding, Schroders' share price has now fallen below 2.5 pounds, and the share price will continue to fall. Your price is too outrageous."

"I still insist on what is most reasonable."

Phil Simon scoffed and continued to insist on the price.

Saren Francisco: "...as low as £2.40 per share!"

Phil Simon: "...still £0.90 per share!"

Saren Francisco looked angry: "...I will give you some more face, the minimum is 2.3 pounds per share!"

Phil Simon: "...£0.90 per share!"

Saren Francisco was so angry that veins popped out on his forehead.

…

Phil Simon's tough attitude made Saren Francisco extremely uncomfortable.

But if you compromise once, you will have to compromise countless times.

Even though spit was flying and the table was slammed from time to time during the negotiation, subordinates from both sides also participated, causing the whole place to appear in chaos.

But no one left.

However, Wells Fargo has always been in a strong negotiating position.

After a period of fierce negotiations, Phil Simon finally bit the highest bid of 1.32 pounds per share, no matter what Saren Francisco and others said, he would not let go.

therefore.

The negotiations immediately reached a deadlock.

There was silence for a minute.

Both sides looked firm and showed no signs of flinching.

Seeing this, Phil Simon knew he had to use a trick.

He looked at Saren Francisco, shook his head, and then stood up and said: "Mr. Francisco, it seems that we shouldn't come today. Maybe you haven't figured it out yet. How about we calm down for a few days. After we think about it clearly, if you If you really want to sell, you can contact us.”

"Of course, by that time, the price may not be £1.32 per share!"

“The most important thing is, I hope our company will still be willing to acquire it at that time!”

"And you can also decide on the purchase and sale of equity!"

"It's getting late, let's go first!"

After saying that, he pushed the chair away, nodded slightly to the other subordinates who stood up, and then took the lead and turned around and walked outside.

Their firm and fast pace clearly shows their attitude.

The group of people in the Bilbao Vizcaya Bank had different expressions. They frequently looked at Saren Francisco in the middle. His expression kept changing, and he was breathing like a cow. His hand on the table was pressed hard on the table. Veins popped out on the back of his hands.

Just when Phil Simon and others had just reached the door, they were about to disappear after a second or two.

Saren Francisco finally bowed his head.

He was like a deflated balloon. He lost his strong posture, leaned back on the chair, and said in a tired voice: "Mr. Simon, please wait, I have another question."

I saw Phil Simon and others pause for a moment, then slowly turned around, but did not go back. They asked directly at the door: "What's the problem?"

"Were you entrusted by the Bright Fund to acquire it?"

Saren Francisco stared at Phil Simon's face and said slowly.

This question has been in his mind all along the way and until now.

Because in the acquisition surrounding Schroders Group, the situation has always been very clear, it is a three-way struggle.

The Schroeder family, the operator of the Schroeder Group, is strapped for funds and can only barely protect itself, without the capital to increase its stock holdings.

The bidders are Guangming Fund and them, and the equity ratios of both parties are very high.

Considering the nature of Schroders Group's listed companies, it cannot accommodate the intervention of a fourth party, nor does it leave any room for the fourth party to play.

So even if Wells Fargo comes forward to acquire their equity like now, it will still fall into a whirlpool, and it must join forces with one of the parties or win over one of them to achieve a staged victory.

It is impossible for the Schroeder family to sell their shares.

Then either Wells Fargo is sure to acquire the equity held by Bright Fund, or it is helping Bright Fund make the acquisition.

If it was the former, he would be more accepting.

But if it was the latter, then he would feel uncomfortable.

After all, in order to acquire these stocks, they invested a total of 282 million pounds in capital costs.

If it were sold now at a cost of 1.32 pounds per share, the loss would be as high as 145 million pounds!

It's embarrassing to lose the battle and lose money!

He was truly a big grievance, and the Francisco family’s face was trampled to ashes.

Of course, he was still taking chances.

If Wells Fargo really wants to join forces with Bright Fund, he will definitely applaud it.

As we all know, Wells Fargo is extremely powerful. The latest ranking by The Banker magazine shows that it is the second largest bank in the United States and one of the top five banks in the world. The American Polaris Consortium behind it is a newly emerging top conglomerate in the West. It is fierce in the United States. Weihehe, in the past few years, he has defeated several top American conglomerates that are much stronger than the Francisco family.

He definitely has the strength to compete with Guangming Fund, and his chances of winning may even be quite small!

As for the Schroeder family, the originally chosen ally?

At this time, life and death were completely out of his consideration.

The alliance is doomed to be impossible. The Francisco family has too much to take care of themselves. How can they care about the Schroeder family in England?

Phil Simon said with a smile: "The task I received was to make the acquisition on behalf of our Wells Fargo headquarters. As for whether it is related to the Bright Fund, I have not received any news yet."

He was telling the truth, so he looked calm.

As for whether Bright Fund contacted Wells Fargo's headquarters, he had no control over it. President Armen Simons didn't tell him this anyway.

If the leader doesn't tell you, don't ask. Just carry out the work tasks that are supposed to be done honestly.

Saren Francisco looked at him for more than ten seconds, as if he wanted to see if he was lying.

He just moved his mouth a few times, but in the end he didn't continue to ask any more questions.

Everyone denied it. Even if he really came forward for the Bright Fund, there was nothing he could do if he didn't admit it.

After all, it is one's own side that is extremely passive.

"hope so!"

After speaking these words with difficulty, he slowly stood up and extended his right hand to Phil Simon.

A smile suddenly appeared on Phil Simon's face, and he stepped back inside.

Soon, the two hands were held together and shook.

“Happy to work with!”

Saren Francisco forced an ugly smile on his face: "Happy cooperation!"

PS: Please restore the monthly recommendation votes to the smart recommendation popularity, thank you brothers!