Rebirth of the Financial Crisis Sweeping the World

  Chapter 469 469 won the world's top 100 companies!

Wang Guanxi smiled and said: "Mr. Evan Cardinal, you don’t have to be so stubborn. 10% of Class B shares are now worth 600 million U.S. dollars. I can buy it for 1 billion U.S. dollars. In the future, everyone will jointly manage Cardinal Health. group"

  The Cardinal family holds 25% of the shares of Cardinal Health Group, of which 10% of the shares belong to Class B shares, and one share has 10 voting powers and has controlled 52.8% of the voting power.

  The other 15% of the equity belongs to Class A shares, and each share only has one vote.

  If the Class B shares are sold, the family business of the Cardinal family belongs to Wang Guanxi.

  This is one of the world's top 100 companies with great influence.

  What kind of joint operation, let's lie to the ghost.

When Evan Cardinal was about to say something, Wang Guanxi said: "Mr. Evan Cardinal, I know your account will be liquidated soon. If your account is liquidated, there will not be enough to buy. If you are forced to close the list, the Dow Jones Index will inevitably plummet and you will lose more and more, but I can promise to close the short list on the Dow Jones Index and give you a hedge."

  Evan Cardinal put his hands on his thighs, pressed hard, palms of sweat.

At present, the Dow Jones Index has fallen to the 8020 position, and his account is about to be liquidated. If the long position of 600,000 lots is forcibly liquidated, then it is equivalent to shorting 600,000 lots of the Dow Jones Index in the market. You can imagine Jones How badly the index will fall.

At that time, the average liquidation position will be much lower. For example, he started to liquidate at the 8000 position, and then the Dow Jones index plummeted by 400 points. His average liquidation position may be below 7,800, which would result in a loss of 200 points. .

  If Wang Guanxican closes the short list on the Dow Jones Index, it will cancel out a lot.

  In this case, he will also reduce some losses after he liquidates his position.

  But if he handed over the Cardinal Health Group in this way, he would not be reconciled.

Although the current share price of Cardinal Health Group is 21 US dollars per share, the total share capital is 290 million shares, and the market value is only 6.09 billion US dollars, but its turnover is extremely high. It is a Fortune 500 company with 40,000 employees.

   has a great influence.

   "Mr. Wang, we sell 5% of class stocks and 8% of class A shares. What do you think?"

  Wang Guanxi shook his head: "I only want the 10% Class B equity, and the market price is 600 million US dollars, but I will give you 1 billion US dollars, a premium of 400 million US dollars."

  Evan Cardinal gritted his teeth and said: "The premium is doubled, and I need $1.2 billion!"

Usually the acquisition of a company requires a premium, but this is a Fortune 500 company, with huge turnover, huge operating costs, and a huge chain of interests. The network of relationships is here. If you sell the control of the Cardinal Group, it is equivalent to It is to give up the interest network that the Cardinal family once built, which will affect the other industries of the family to a certain extent.

  But now he himself is in a precarious situation, and urgently needs funds to reduce losses, so he has to agree to Wang Guanxi’s takeover offer.

  But he wants the price to be higher.

"Mr. Wang, our Cardinal family has operated Cardinal Health Group for nearly 40 years. At present, it has become the largest pharmaceutical supplier in the United States with extremely high sales. It is also among the top 500 companies in the world. The health group is at the core and has a huge interest circle, 1.2 billion US dollars, absolutely worth it!"

  Wang Guanxi smiled and said: "Evan, Mr. Cardinal, that is 1.2 billion US dollars. In the future, the Cardinal family can jointly operate Cardinal Health Group with us!"

"The companies under my control include Ford Motor Company, Macy’s, Messi’s Pizza Company, as well as Fifth Third Bank, Huntington Bank, East West Bank, Silicon Valley Bank, Bank of Hawaii, Hawaiian Airlines. They are already a small consortium. , But I hope to expand the sphere of influence of the consortium and build a consortium in the central part of the United States, based in Ohio, that will influence the nation’s economy, politics, and diplomacy!"

  "Welcome to join the Cardinal family"

  Currently, Wang Guanxi’s consortium includes the Ford family, the Messi family, the Monagan family, and some small families.

  Evan Cardinal quickly agreed, "Mr. Wang, then it’s my honor."

He also knows that a new force has recently emerged in Ohio and Michigan. Among them are the Messi family, the Ford family, the Monagan family, and some bankers, including Wang Guanxi, a financial crocodile, who formed a consortium. .

   owns Messi Department Store, Messi’s Pizza Company, Ford Motor Company, Huntington Bank, Fifth Third Bank, and East West Bank and Silicon Valley Bank in California in the eastern United States.

  Unexpectedly, Wang Guanxi also owns the Bank of Hawaii in Hawaii, Hawaiian Airlines. Obviously, Wang Guanxi is the one who bought Lanai Island from Murdoch for $550 million.

  This Wang Guanxi is very mysterious. He controls this rising consortium. He never shows his face in the media, does not work in any company, does not participate in gatherings of rich people, dinners, and only engages in private gatherings on the ranch. It is extremely secretive and low-key.

  If he hadn't come to Huntington Bank, he wouldn't know that the person who controls a consortium is such a young boy, it would really subvert his three views.

  Join this consortium, everyone is a community of interests.

So Wang Guanxi pledged some of the shares of Citibank held by the No. 2 Fund to Bank of America Corporation, again loaned 1.2 billion US dollars, and then paid to the Cardinal family to obtain a 10% stake in Cardinal Health Group. , All of which are Class B shares, with 52.8% of the voting rights.

  After the Cardinal family received US$1.2 billion, they repaid Huntington Bank and Fifth Third Bank’s US$1 billion loan and redeemed the 25% stake in the Cardinal Health Group mortgaged to the two banks.

  10% of the shares are in Class B shares, which belong to Wang Guanxi’s No. 2 Fund. Then No. 2 Fund donated the 10% shares, 2900 Class B shares, to the Crown Charity Foundation.

  Wang Guanxi said to Evan Cardinal: "Mr. Cardinal, we will jointly operate Cardinal Health Group in the future. Members of our Cardinal family can still serve as directors and executives."

  Currently, Wang Guanxi’s Wangguan Charity Foundation controls 29 million Class B shares of Cardinal Health Group and owns 52.8% of the voting rights.

  However, the Cardinal family still holds 15% of the shares, which are all Class A shares of Cardinal Health Group, with 1 vote per share, and a total of 7.8% of the voting rights.

  Although it only owns 7.8% of the voting rights, the Cardinal family is still the largest shareholder of Cardinal Health Group.

  The voting rights of Class A shares are different from those of Class B shares, but the dividend power is the same.

  Evan Cardinal: "Mr. Wang, we have a happy cooperation, and we will advance and retreat together in the future!"

  (End of this chapter)