I lost my vegetative state, and I became the richest man in the world

Chapter 267 Swallowing Xiangjiang Electric Company is a must!

in history.

Two very classic acquisition battles broke out about Xiangjiang Electric Company.

For the first time, in the early 80s, Heung Kong Electric Company was purchased by Heung Kong Land Company and became a British-owned stock.

1982年4月26日，港灯股价突然急升，当日最低价6. 3元较上一交易日5. 13元的收市价高出1元多，当日最高达6. 75元。

After the market closed, Jardine Fu announced that it had purchased 22200 million shares of Hong Kong Electric on behalf of its client. This client was Hong Kong Land Limited.

Hong Kong Land purchased nearly 27% of HK Electric shares at a premium of 31% to 35%, becoming the largest shareholder.

The second time, on January 1985, 1, Hutchison Whampoa Co., Ltd. of the Chinese-owned Li Jiacheng family used 22 billion Hong Kong dollars in cash to acquire 29 million Hongkong Electric shares held by Hongkong Land Company at a price of 03 Hong Kong dollars per share , holds 45000. 6% of the shares of Hong Kong Electric, becoming its largest shareholder, and Heung Kong Electric Co., Ltd. has also changed from a British capital stock to a Chinese capital stock.

At that time, Heung Kong Land was heavily in debt and was on the verge of bankruptcy. Simon Yosek took the initiative to send staff to Li Jiacheng to discuss the transfer of HK Electric's equity.

From this transaction, Hongkong Land Company obtained nearly 30 billion Hong Kong dollars in cash, and the company's financial situation was improved at once.

As for Li Jiacheng, he acquired the controlling stake of Hong Kong Electric at a discount price of 13%. The closing price of Hong Kong Electric the day before yesterday was HK$5 per share, and the purchase price of Hutchison was HK$7 per share. .

According to Yang Ming's idea, when the Josek family acquired Heung Kong Electric Company for the first time, the original goal was good, because Heung Kong Electric Company's own profits are very strong, with stable dividends of at least hundreds of millions of Hong Kong dollars every year, or even higher.

Later, the reason why Jardine Land did that was a last resort, because at that time Jardine Land was frightened by Chinese capital and had to keep it through cross-holding.

As a result, Simon Henry Josek became the chief executive of Jardine Land, so he could only sell the shares of Xiangjiang Electric Company to keep Jardine Land.

It's completely different now.

Neither Li Jiacheng was able to swallow Hutchison Whampoa.

Hutchison Whampoa and even Jardine Land have been acquired by Yang Ming.

The strength of Li Jiacheng and his Changjiang Group is far worse than in history.

As for Bao Yugang now, it is because after Yang Ming sorted out Xiangjiang No. [-] Shipping Group, he and his two sons-in-law have completely focused on their own maritime kingdom, and the Bao Yugang family has completely abandoned the plan to abandon the boat and land.

Li Jiacheng felt powerless.

Bao Yugang has given up abandoning the boat and landing.

Now that Yang Ming has sufficient funds, it is natural that he can swallow Xiangjiang Electric Lighting Company, and it is even logical.Moreover, Yang Ming's swallowing up of Xiangjiang Electric Lighting Company this time is also preparing for the next investment.

"With regard to Heung Kong Electric Company, before this, there has been no major family shareholder. Among them, I have asked people to buy 11% of Heung Kong Electric shares half a year ago, let Wharf buy 7% of Heung Kong Electric shares, and let Hutchison Huangpu bought 5% of the shares of Heung Kong Electric, and Jardine Land has also bought 5% of the shares. Now they add up to 28% of the shares, and they are already the largest shareholder of Heung Kong Electric. However, it is still far away It’s far from the time of controlling, but this time at the end of Christmas, we can buy shares of Xiangjiang Electric Company through additional purchases, so as to achieve controlling or even complete controlling.”

Because Heung Kong Electric Company is completely different from Wharf or even Jardine Land.

In addition to becoming the largest shareholder of the Imperial Group, there is no need to increase purchases at high prices like Wharf and Jardine Land.

Basically, as long as the stock price is about 30% higher, investors in Xiangjiang who own the shares of Xiangjiang Electric will sell them, because according to the current situation of shares in Xiangjiang Electric, other people can no longer compete with the Imperial Group.

Historically, Heung Kong Electric Company was actually acquired by Meris.

Now, Yang Ming is also planning to hand over the acquisition of Xiangjiang Electric Lighting Company to Meris.

"Mai Lisi, you will preside over the battle for the acquisition of Xiangjiang Electric Lighting Company."

"Boss, me?"

Compared with Wharf and even Jardine Land's thrilling acquisition battle, it is obvious that Xiangjiang Electric Company seems to be much easier.

When Yang Ming and the Imperial Group acquired Wharf, they wanted to target Li Jiacheng, prevent Bao Yugang, and also sneak attack on Jardine Land.

The acquisition of Jardine Land has to face Niu Bijian and the Joseph family.

Yang Ming's acquisition of Hutchison Whampoa, he knew it would be more difficult.

Because what he had to do was to prevent Li Jiacheng and Bao Yugang from gaining Shen Yan's trust and support, so he had succeeded.

However, according to the situation at the time, the acquisition of Wharf and the acquisition of Hutchison Whampoa were also closely related.

"That's right, I'll leave it to you. I hope you can successfully hold Xiangjiang Electric Lighting Company at the lowest price. I won't say anything about the rest. I will leave it to you to host."

Yang Ming didn't stay any longer.

Go out alone.

When going outside.

Yang Ming thought that Ah Zhu, Zhong Chuhong, and Guan Jiahui had already rested, but the three girls hadn't rested yet.

Guan Jiahui came here alone, and she didn't bring anything with her. When she came here, she was also wearing the new dress that Ah Zhu gave her, which looked relatively new.

"Aren't you asleep yet?"

"Master, today is Christmas, I wonder if I can receive a gift from Santa Claus?" Azhu asked with a smile.

"What gift do you want?"

It is rare for Yang Ming to be happy now.

When Ah Zhu, Zhong Chuhong's presents were nothing more than some clothes and books.

"Guan Jiahui, you don't want candies, do you?"

"Mr. Yang, I don't want candy, I want to watch the bright fireworks."

watch fireworks?
It's Christmas.

Yang Ming also didn't know if there were fireworks on Victoria Harbor?

He remembered that during the Spring Festival, there was a fireworks display in Victoria Harbour.

"fireworks?"

"Yes."

"Then you wait."

. . .

After half an hour.

Yang Ming went back to the study.

The meeting chaired by Meris has ended. For the acquisition of Xiangjiang Electric Company, Merris and others are also determined to win.

However, after all, there are only 28% of the shares. It is not impossible for someone to compete with the Imperial Group for Xiangjiang Electric Company.

If Yang Ming bought Wharf, or even Jardine Land, with ten times the share price, most of the shareholders in Xiangjiang would sell their shares in Xiangjiang Electric Lighting Company.

Yang Ming knew that neither Li Jiacheng nor Bao Yugang would have the strength to increase the purchase by ten times the stock price.

As for Wheelock's John Maseng, he is also busy expanding his shipping capabilities.

The Shihuaiya family in Taikoo is trying to keep their own property as much as possible, and it is impossible to expand externally.

Under such circumstances, if Yang Ming wants to swallow Xiangjiang Electric Lighting Company, it is actually very stable, and even can be swallowed at a low price.

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(End of this chapter)