Energy Group

Chapter 178:

Buffett’s strategy is correct. Because Fuji Bank has divided shares and allotments many times, the Yasuda family, the first shareholder of the board of directors, now only owns less than 20% of the shares. Even if it is purchased through normal channels, it only needs 8 billion US dollars. Become the largest shareholder of Fuji Bank, and the proportion of retail investors in the market has reached 40%. This is a very dangerous signal. Once Buffett becomes the largest shareholder, he will immediately announce the meeting of the board of directors. Fuji Bank’s large amount of hot money acquired other large companies of the Furong Consortium, and was exchanging the shares of Fuji Bank it owns for an equal amount of shares in foreign companies to achieve their own goals. If the people of the Furong Consortium understood Buffett’s purpose from the beginning, I’m afraid Nor will I watch the fall of Fuji Bank.

At the end of the 1980s, a large number of Japanese companies purchased a large number of iconic domestic companies in the United States. This time it seems to have fallen a bit. The influence of Fuji Bank in Japan is just like that of Citibank in the United States. Once the acquisition is successful, it will Shocking the confidence of more Japanese investors will intensify panic short selling in the market, the stock market will become even more volatile, and acquisitions will be easier. After the first round of trials, Buffett is waiting for the next move of Fuji Bank’s management. , If you can borrow a large amount of money to buy back, you must re-form your own acquisition plan, but the probability of this situation is less than 10%, because the other enterprises of the Furong Consortium are deeply injured and it is impossible to lend a large amount The funds for Yasuda were given to the old man. Once Fuji Bank did not respond after two days, it was his end, and it was announced that the end of the entire Furong consortium and even the six major consortiums had come.

   Fuji Bank headquarters, the board of directors convened by Yasuda.

"Mr. Jun, our Fuji Bank has reached the final juncture. The Investment Department has found that an American power wants to take advantage of the weakness of our Great Japanese Empire to buy our Fuji Bank in one fell swoop, so I hope Zhu Jun can do his part. Give the group money so that we have enough funds to fight a takeover battle with each other." Yasuda, who has just experienced physical work in bed, looks older than before. The board of directors no longer has the energy to resist the financial crisis. At that time Yasuda drew large sums of funds to respond to the government’s call to rescue the market. As a result, the market was not saved. Instead, he put his own group into it, which caused the current weakness. A one-billion-dollar acquisition would convene a board of directors.

"Mr. Yasuda, how much money can we use internally? We have just experienced a financial crisis and it is impossible to take out funds. So I think it is better to ask for help from the consortium. Moreover, we cannot rely on our bank even in the heyday. His own power is against the American investment group.” It is the other major shareholder of Fuji Bank, Abe Kumi, who owns 15% of the shares of Fuji Bank, and is the second largest shareholder of Fuji Bank. I was even more afraid of the acquisition of Fuji Bank, because all his assets were here. After the accident, this man basically couldn't think of anything other than asking for help from the consortium.

   "Yes, Mr. Yasuda, those of us who just pooled a billion dollars is not a drop in the bucket for the huge Americans. It would be better to ask a consortium to intervene." Everyone persuaded.

Yasuda actually wanted the consortium to intervene more than they did. Since the accident, he has been contacting the leader of the Furong consortium, Jing Shou Junichi, but the old guy Jing Shou didn’t answer his phone at all, and only found a secretary to tell him that the consortium paid him back. There is less than ten billion U.S. dollars of funds left. It is used to cope with the most critical period of the major groups. I remember that my Fuji Bank was the most important enterprise in the entire Furong Consortium. When the Furong Consortium was formed, Jing Shou shot On his shoulders, he said that the consortium would carry something in the future, but in the past few years, except for his own contributions to the consortium, he has not found that the consortium has made any contribution to him.

After more than an hour of the meeting, the results were not discussed at all. The major shareholders also had the idea of ​​making others worry about it. It is true that everyone has their own ideas. Yasuda estimates that some small shareholders may want to contact the American one. The big boss is looking for a suitable price to sell his shares. You have to know that this thing is popular for those who go early, and it is useless to go late. It is impossible to rely on these people to stick to Fuji Bank, and Yasuda has to Take the path that I least want to go. My son-in-law is the president of Citibank’s bank in Japan. He should be able to raise billions of funds from him, and his family is not a small family in the United States. But Yasuda knows what kind of son-in-law is. He wanted to stay at Fuji Bank a long time ago, but he didn’t agree. This time it’s time to burn his eyebrows. It’s better to let his son-in-law intervene than an outsider, thinking that Yasuda contacted his daughter , Asked her daughter and son-in-law to go home for dinner, and the daughter fully agreed.

The dinner atmosphere was very good. There were six people in total, Yasuda’s two wives, one son, one daughter and a son-in-law. In the past, my father-in-law didn’t really want to call myself home for dinner. Today I don’t know why he treated me so much. Although Peter is an American, his sister is married to a Chinese, and she also understands the old Chinese saying "If something happens, there must be a demon." It seems that today's meal is not so delicious. Sure enough, dinner. After a few sips of tea, the old father-in-law called himself to the study and talked about "business."

   "Peter, how are you Citibank these days." Yasuda seemed to ask unintentionally. He had never entered this father-in-law's study before, and he really flattered himself today.

   "It's okay, I seem to hear a friend say that you have some trouble with my father?" Peter also seemed to ask unintentionally, you don't tell me or I don't.

   "Hehe, there are some business problems, but they are all small things, how is your father?" It may be difficult to tell his son-in-law that his company is not working, and Yasuda had to start talking nonsense.

"My father just bought a farm in Brazil. It's okay, but my sister will get married next month. He also invites you to go to Chicago for the wedding." You can calm down and I will do the same. Peter is determined The thought made this proud old father-in-law speak, and he knew what was going on. The family had to enter the Fuji Bank long ago, so he had to ask him to speak this time.

   "Okay, I will definitely go to participate, but I have encountered some trouble recently, and there are some problems with funds, and I may be busy. If you are not free then you will have to ask your father for understanding." Started to get into the topic.

"Funding issues? Do you need my help? Our family still has some spare money." Peter's family is also a small antique of Berkshire Hathaway. UU reading www.uukanshu.com also gained a lot last time. But this time he didn't know that Buffett had initiated this takeover battle. If he knew, I'm afraid this dinner would not come.

"Hehe, I can still solve it myself, but recently we at Fuji Bank have to sell some shares to raise funds. You also know the harm caused by the financial crisis. I don't know if your family is interested in Fuji Bank. Kyoko owns a percent. Three shares, such small shares will not play a role in the board of directors. Today we discussed that we would like to raise 5 billion US dollars to account for about 9% of the company. I think you should be interested." This old guy Obviously he is begging for someone to do things, and he is still putting on a lofty appearance. You must know that Peter looks down on his old man in his bones. After a rough estimate, he is profitable at this price, but the family may not be able to provide that much. Besides, you are in a difficult time now, so I am willing to help you with a higher profit than usual.

"Nine percent seems to be a bit low. My father mentioned to me that if 5 billion can get 10%, I think it's okay, but I can't be the master, so I have to go back and discuss it with my father. "I hit Yasuda's psychological price, saying that he went back to discuss, but in fact he went back to raise funds.

After thinking about it, Yasuda agreed. At this time, his son-in-law would lose a little bit. When the second round of offensive by the international speculators began, he wouldn't be a problem of losing a little bit. Peter didn't stay too much, after all. After a successful transaction, he can get billions of benefits in the future. My father has always been dissatisfied with marrying a Japanese daughter-in-law. This time he should have taken a fancy to himself. Don’t you know that his father is attending Berkshire with Buffett at this moment. For the charity ball of the Erhathaway Group, poor Yasuda pushed himself into the fire pit.

  

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