Rebirth Of The Strongest Tycoon - Chapter 1519
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Chapter 1519

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Chapter 1519

"That's right!"

"Other companies are different from Bilbao Vizcaya Bank. Now the bank's capital chain has problems. If the enemy enters the company, it will be difficult for us to defend."

Saren Francisco nodded solemnly, with an extremely heavy tone.

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

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

"Even if we want to give up some companies, we should try our best to give up companies that are more difficult for us to keep, and try to minimize losses!"

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, and call a think tank to analyze and judge, and formulate an optimal stop loss plan."

"As for Bilbao Vizcaya Bank, I will continue to count on you!"

A morning passed.

The Francisco family has not yet figured out the situation of all companies.

But the stock prices of various listed companies have been falling all the way.

Although in accordance with the strategy of the think tank.

Various listed companies have come forward to speak out, severely condemning the malicious attacks of financial robbers, and claiming that the company's operations are very healthy, and the management is formulating a stock repurchase plan.

However, this kind of behavior that only fires empty guns but does not see actual rescue operations has little effect.

There are a lot of elites in financial institutions. It is okay to deceive ignorant investors with these rhetoric, but they cannot be deceived.

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

These listed companies still want to save the market?

Whether the funds in the corporate account opened at the Bank of Biscay in Bilbao can be withdrawn is a problem at present. Where can the funds be used to buy back stocks?

Expect them, investment shareholders without management rights, to sacrifice themselves for others?

Don't even think about it!

On Monday, the entire Francisco family was in torment.

Even if the Bank of Biscay in Bilbao returned the deposits of 14 companies including CocCola Company.

But Xia Yu's media empire never lacks material!

There is no shortage of news pages!

Without the CocCola Company, there are other small and medium-sized companies that are not our own as the protagonists.

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

All kinds of local newspapers, TV and radio stations are all involved!

All kinds of negative public opinions are still overwhelming, submerging the Bank of Biscay in Bilbao.

As a result, during working hours, the branches of Bank of Biscay in Bilbao were overcrowded, and the queues for withdrawing money were long.

Even if Saren Francisco exerted 200% of his strength, he begged his grandpa and grandma to raise funds, and 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, saw the data reported by his subordinates, showing that the entire bank's liquidity was less than 600 million US dollars, and he felt faint.

Less than $600 million!

Perhaps in his sleep, depositors in the other hemisphere will be able to lift the money!

Although some investment assets have been disposed of quickly, it is also very difficult. The buyers have all grasped the weakness of Bilbao Biscay Bank, and the prices are more and more ruthless.

Going on like this is not an option, it will definitely be consumed to death!

Just when Saron 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 of the Schroeder Group held by them.

Without the slightest 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 group from Wells Fargo Bank has not come yet.

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

The subordinate looked at his watch and whispered a reminder to Saron Francisco, who was resting with his eyes closed.

The latter didn't open his eyes, but his face twitched slightly, showing his inner unrest.

"hold on!"

After uttering a few words, Saron Francisco stopped talking.

Normally, facing the general manager of a British company of Wells Fargo Bank, he would definitely turn his face and leave, but this time is different, he can only endure it.

Another two minutes passed.

Finally, a series of footsteps came from outside the door, he immediately opened his eyes, straightened his clothes, trying to make himself look more energetic.

The four subordinates who came together immediately adjusted their clothes.

"squeak"

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

The handsome middle-aged blond guy at the head is Simon Fell.

He smiled apologetically and said, "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 too."

Saren Francisco said with a smile.

Greeted again with a smile, and then Simon Fell led his subordinates to sit on the other side of the oval table.

"Mr. Francisco, on behalf of our company, I would like to express my sympathy for what happened to your bank recently, and hope that you can tide over the difficulties as soon as possible."

As soon as he sat down, Simon Fair said kindly.

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

Simon Fehr smiled noncommittally, and then started formal negotiations.

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

After all, he made a gesture of please.

The subordinates sitting on both sides of him immediately handed over the prepared materials, and everyone gave a copy.

Saren Francisco and others immediately opened it and looked at it.

The content is not complicated.

In addition to the evaluation of the stock value of the Schroeder Group, it is the reported acquisition intention price and other fixed content of the acquisition agreement.

It's just that the above price makes it difficult for Saren Francisco to accept.

0.90 per share!

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

There is no need to read the rest of the content. Just seeing the purchase price, Saren Francisco choked in dissatisfaction.

You know, when they acquired, even though the Schroeder Group's stock price plummeted due to its failure in the Xiangjiang capital market, their starting price for the acquisition was still 1.46 per share.

And in the later stage.

Because of strong competition with Bright Fund.

The stock price of Schroeder Group rose against the trend.

It once rose to more than 3 pounds per share.

The average cost of the 109.76 million shares they acquired was as high as 2.57 per share!

Now Wells Fargo is asking 0.90 per share, which is 35% of their cost!

Almost a third of the price!

If yes.

Then they would lose over 183 million!

Absolutely taking advantage of the fire!

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

"You should be clear that the Schroeder Group has suffered huge losses in the Xiangjiang capital market~www.mtlnovel.com~ and has lost many important customers because of this. This year's development expectations will definitely be lower than next year's."

"The reason why the stock price rose before was because you were bidding with Bright Fund. 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 also fallen. Sooner or later, it will return to normal levels in the future."

"So you should not consider your acquisition cost, but should make a judgment based on the actual situation."

"The price of 0.9 pounds per share is very reasonable!"

Saren Francisco shook his head resolutely: "There were other companies who wanted to buy the shares of the Schroeder Group held by us before, and the price was much higher than yours!"

"Instead of this, I might as well sell these shares to other people!"

Phil Simon showed an inexplicable smile: "Mr. Francisco, you may have underestimated our intelligence capabilities."

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

"And considering the current state of the capital market in Europe, I think that as long as the leaders of financial institutions are not confused, they will definitely choose other paths that are easier to make money, instead of jumping into this vortex beyond their means."

"Not every company is like us at Wells Fargo."

"At the price of 0.9 pounds per share, the value of the shares you hold is nearly 100 million pounds, equivalent to 180 million U.S. dollars. I think you need this money very much now!"

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