章節 1104: Chapter 1104: French Foundations
Early that morning, Xia Yu arrived at the company with Elena, and Léo Martin was already waiting there.
After seeing Xia Yu and Elena, Leo Martin immediately said hello. Although he once again felt that Elena was stunning, Leo Martin did not dare to offend in the slightest, and looked at Xia Yu without blinking, reporting to him on his work.
'Boss, this is a list of the progress of all the tasks you have assigned,'
Xia Yu nodded slightly, glanced at Elena, and commanded Leo Martin, 'Leo, read it all out.'
'Yes!'
Leo Martin was taken aback, but immediately came back to his senses and respectfully replied, then reported clearly.
'Boss, in the past half month, we first completed the full acquisition of Edf. Nicolas S.A., which, together with the previous costs, cost a total of 532 million francs.
'The shareholding in the French wine company has increased to 56.7%, and a general offer has now been issued to all shareholders. The progress has been relatively smooth...'
'For the Pernod Ricard Group, our acquisition plan has been exposed, but we have also made a breakthrough. We have bought all the shares held by the second largest shareholder, the Pernod family, and now our shareholding has reached 59.9%. A general offer has been issued.'
'We are currently acquiring the shares held by other institutions, while also doing our best to persuade the Ricard family to agree to a merger between our company and LVMH. Now that the Ricard family no longer opposes the merger, we are continuing negotiations. As long as the Ricard family agrees, we can control the delisting of Pernod Ricard.'
'However, because the news was revealed, Pernod Ricard's stock price skyrocketed, and at the close of trading yesterday, its market value had reached more than 6.38 billion francs, which greatly increased our acquisition cost.'
'As of yesterday, we have spent a total of 3,354.4 million francs on our acquisition of Pernod Ricard.'
'As for Carrefour, we have bought the shares held by three shareholders and also acquired some shares on the stock market. Now we hold a total of 43.7% of Carrefour's shares. Since we have not concentrated our holdings, we have not reached the threshold for a general offer. The total cost so far is 2,310.6 million francs.'
'The Decathlon company you asked me to acquire, we purchased for 5 million francs, plus a capital injection of 16 million francs, for a total cost of 21 million francs, and acquired a 70% stake in the company. Michel Reynders continues to serve as the company's president.'
'We assisted Rolls-Royce Motor Cars in acquiring a 15.1% stake in the Michelin Group, at a cost of 1.215 billion francs.'
'Assisted Rolls-Royce Motor Cars in acquiring 20% of the shares of the PEU Group at a cost of 385 million francs.'
'Boss, that's all the information,'
said Leo Martin, putting down the documents and quietly looking at Xia Yu.
Xia Yu rubbed his chin and thought for a moment, then said to Elena, 'Elena, the Michelin Group and PEU Group already own enough shares to support strategic cooperation, so we can let the company's people talk about cooperation this afternoon.'
'Hm!'
'Rolls-Royce Motor Cars becoming the majority shareholder of these two companies will definitely get the best price,'
said Elena with a delighted smile.
Xia Yu returned a smile, then fixed his gaze on Léo Martin and instructed him, 'Léo, the stake in Carrefour is enough, so you can stop, but you must complete the acquisition of Pernod Ricard and the French wine company within the next half month.'
'Don't delay any longer. It doesn't matter if you raise the price a little bit, but if you continue to drag your feet, the acquisition will cost even more!'
'Understood! I promise to complete the task!'
Leo Martin replied decisively.
'Go, and do your best!'
After Leo Martin left, Xia Yu and Elena went to the French branch of Rolls-Royce Motor Cars together, listened to their cooperation plan, and gave some instructions.
Elena personally led the negotiations, and Xia Yu wanted to let her go, but she insisted on going, so Xia Yu could only tell her to be careful not to be so stressed.
...
In the following days, news about Bright Foundation spread all over the place, and the popularity of Bright Foundation skyrocketed again.
When many people mentioned Bright Foundation, their first impression was that the company was very powerful, and their second impression was that it was so damn rich!
A series of dazzling mergers and acquisitions not only dazzled the eyes of the public, but also shocked the industry.
The amount of money in the Bright Fund is so huge that, according to statistics from someone who cares, since January, the Bright Fund has spent at least more than 15 billion francs!
The total assets of many financial companies in Paris are not as much as this, but the Bright Fund has spent so much in such a short period of time, it is simply awe-inspiring.
On the 19th of March, Xia Yu once again received secret information from Luo Wang.
The information revealed that a group of scrap metal merchants hired by the Argentine authorities had forcibly landed on South Georgia Island, 1,390 kilometres east of the Falkland Islands. They had set up camp on the island and raised the Argentine flag.
Upon reading this information, Xia Yu immediately felt relieved.
The engineer-president of the Argentine military junta, who had muscles in his head, had not let him down!
After obtaining this information, Xia Yu also put his plan to return to London on the agenda.
When he learned that his boss was about to leave France, Léo Martin's pressure increased sharply, and his passion for work flared up again. He hoped to be able to put a satisfactory end to the task assigned by his boss before his boss left France, so as to prove his abilities.
Sure enough, on March 21, the French wine company was acquired by Bright Foundation, which gained absolute control, and then the acquisition was completely unimpeded.
On 25 March, the merger of the four companies – LVMH, Vins & Spiritueux, Pernod Ricard and Edouard Nicolas – was completed on paper in a ceremony attended by the public eye. A press conference was held by LVMH to announce that the actual merger, such as the integration of similar departments, would take longer to complete, and that was the business of Alain Chevalier and Léo Martin.
After the merger, LVMH's total assets exceeded 20 billion francs, and the company's valuation reached 19.4 billion francs.
After the merger, LVMH's total share capital soared to 216.37 million shares, and the Bright Fund held 196.93 million shares, accounting for 91.01% of the total share capital, which was more than one point lower than before the merger, but a stake of more than 90% was still enough to make the Bright Fund the supreme master of LVMH.
The second largest shareholder of the LVMH Group has become the Ricard family, with a 4.61% stake.
The original second largest shareholder, the Vuitton family, has a 4.1% stake, not much less than the Ricard family.
Before leaving France, Xia Yu decided to visit François Mitterrand again to say goodbye to him in person.
...
'Xia Yu, is this tuxedo okay?'
At Xia Yu's home, Elena wore a gorgeous and beautiful dress and twirled around in front of Xia Yu, looking at him expectantly.
Xia Yu praised, 'Of course it's fine, this dress fits your figure perfectly. You really are my princess, always so charming!'
A blush appeared on Elena's face as she said happily, 'Then I'll wear this one.'
'Mm!'
'It's getting late, let's go!'
'Okay!'
After saying this, Xia Yu took Elena's hand, went out the door, and got into the back of the Rolls-Royce.
There were security cars in front and behind to protect Xia Yu's car, and the convoy slowly drove away from Xia Yu's luxurious villa in the sunset.
After about twenty minutes, the convoy arrived at François Mitterrand's home.
François Mitterrand, who had been informed in advance, came out of the house to greet Xia Yu.
When he saw Xia Yu get out of the car and then gentlemanly lead a beautiful girl out of the car, François Mitterrand said in surprise, 'Mr Xia, won't you introduce me to this beautiful lady?'
'Mr Mitterrand, this is my girlfriend, Elena!'
Xia Yu gave Elena a gentle look and introduced her with great aplomb.
Elena never imagined that Xia Yu would introduce himself as her boyfriend in front of the French president. She was unprepared for this huge surprise and was overwhelmed with endless sweetness.
However, he was after all a lady of the world, and her etiquette and upbringing had already penetrated her soul. She beamed with happiness and politely greeted François Mitterrand, 'Hello, Mr. Mitterrand, I am Elena Howard from Norfolk, England. I am honoured to meet you!'
François Mitterrand responded with a smile, 'Hello, beautiful Ms. Elena.'
'Mr. Xia, I am jealous of you, having such a noble and beautiful companion!'
He joked with Xia Yu again.
Xia Yu laughed and joked back, 'Mr. Mitterrand, I am also jealous of you, having survived the war with your wife and still loving each other.'
'Haha...'
François Mitterrand could not help but smile knowingly.
He glanced at the boxes that Xia Yu's bodyguard was carrying out of the car's trunk and asked, 'Mr. Xia, you also brought gifts?'
Xia Yu smiled and nodded: 'I brought some small gifts. Some time ago, I happened to buy the Domaine de la Romanée-Conti and Château Latour wineries, and found that they contained many good vintages. I thought that good things need to be shared with good friends, so I brought some here for you.'
François Mitterrand's eyes lit up, and he said to Xia Yu, 'I haven't tried any top-level wines yet, so it looks like I can really enjoy them tonight.'
'Mr. Xia, thank you for your thoughtfulness!'
'Let's go inside!'
Then Xia Yu and the others walked towards the house.
The boxes of wine were carried into the house by François Mitterrand's guards and Xia Yu's bodyguards.
That night, the atmosphere in the house was very harmonious, and laughter could be heard from time to time...
Early the next morning, Xia Yu and Elena boarded the plane back to London.
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