Chapter 1886 Leaving the United States

The Japanese didn't last long.

As businessmen who are very sensitive to market reactions, a group of bigwigs from ITOCHU saw that the situation was more serious than they thought, so they immediately stopped hesitating and decided to give up the shares of irl in exchange for cash to spend difficulties.

Now it’s not just about oil. Itochu Corporation happens to be one of those companies that have the right to do bulk futures commodities. They almost occupy 10% of Japan’s bulk futures commodities, and among the bulk commodities in the world, all I can see their shadows.

Oil is already one of the lifeblood of Itochu Corporation, and bulk futures commodities are the top priority of their business, and there is no room for mistakes.

So even if Xiao Qi's conditions are so harsh that people want to beat him up, in view of the 4 billion US dollars in cash, ITOCHU can only be soft.

After the market closed on the afternoon of July 11, Akinobu Naito with a haggard face went to Xiao Qi's manor again, and signed an irl share transfer agreement with Xiao Qi on behalf of Itochu Corporation.

20% of irl shares, priced at 4 billion U.S. dollars in cash, will be transferred to the designated account of Itochu Corporation within 24 hours. As for other taxes, handling fees, etc., Xiao Qi will take care of it himself.

This is not only true of ITOCHU Corporation, but also of Citigroup, Blackstone, and Green Pine. It can even be said that almost all transactions in the world are like this. The seller basically does not pay transaction fees, and the buyer pays the rest. All expenses paid.

But there is also one point, if it involves reasonable tax avoidance methods, the seller is obliged to cooperate.

The transaction tax in the United States is very heavy, but if the registered companies are all outside the United States, it is very easy to operate.

Companies such as Apple and Microsoft have overseas accounts to avoid taxes. Not to mention Goldman Sachs, Morgan, Citigroup and other global giants.

Compared to their income, the U.S. government receives very little tax from them. I dare not say that 90% of the sales and profit data that you look dazzling on weekdays conceals profits, but 60% of them conceal their profits. Yes for sure.

Xiao Qi hired several international accounting firms to do reasonable tax avoidance planning for his business around the world. In the past, the related business of dream pad cost them 200 million per year, but what Xiao Qi got was more than 2 billion US dollars in tax avoidance.

Now Dream Stars has also been handed over to them, as well as a series of companies acquired by Xiao Qi. All tax procedures are handed over to them, which is also a worry-free thing.

As far as international accounting firms are concerned, the United States and Europe are the most reliable. Although their fees are very expensive, they definitely give you value for money.

Especially Xiao Qi. Just do some reasonable tricks within the scope allowed by the law, and then entrust them to do it, and there is no burden.

It was three days after Xiao Qi left the United States, Tang Mingxiang and little Taylor were naturally crying like tears, if Xiao Qi hadn't told them not to forget the baby in their womb, they would have cried even more sadly.

Pregnant girls are very emotional, and there is nothing to do about it. But Xiao Qi naturally felt uncomfortable every time he was separated from them.

Sitting in the first class cabin of the plane. Xiao Qi drank a glass of champagne before slowly recovering his mood.

A lot has happened these days.

First of all, the price of oil has dropped by about 3% every day, and it has fallen rapidly. It still has not collapsed, but it also makes people see no hope.

The same is true for commodity futures, whether it is non-ferrous metals. Whether it is iron ore, coal, or daily necessities such as wheat, soybeans and corn, the daily decline is at least more than 1%.

Correspondingly, it is natural that the dollar continues to strengthen.

Take the central parity rate of USD/RMB as an example, it rose by 30 basis points on July 12. It rose by 40 basis points on the 13th, and another 30 basis points on the 14th, and the cumulative appreciation also exceeded 1.1%.

The strengthening of the US dollar has just begun. Gold, which was a little weak during this period of time, immediately reversed and slowly fell. The cumulative decline in three days was 0.6%. For such a small decline, the 9 billion US dollars invested by Xiao Qi and Tong Wencong He earned 50 million US dollars, and he was so happy that Tong Wencong gave a large bonus to his company's staff in advance.

Then Mingxiang Venture Capital Company officially announced that it has acquired most of irl and brought it into its own hands.

Tang Mingxiang originally had 32 billion US dollars in his hands. In the past year, he spent a total of 10 billion US dollars to acquire Facebook and Zappos, so he still has 22 billion US dollars left in his hands.

20% of Citibank’s shares are acquired for 4 billion US dollars, 20% of Itochu Corporation is also 4 billion US dollars, 25% of Green Pine Capital is 6 billion US dollars, Blackstone Group is 3.6 billion US dollars, plus taxes and the like, The total purchase price exceeds 19 billion US dollars.

This number cannot be concealed, but from outsiders' perspective, Tang Mingxiang's "entrepreneurship plot" is very serious.

They think irl is like those short-lived electronic companies whose entire life cycle has entered failure and will soon be buried in the dust of history. The reality of a total loss of 100 to 200 million dollars per month is the most painful evidence of.

But Tang Mingxiang was dismissive of this. If she could succeed by talking with her mouth, would it be her turn to be an irl?

My husband said that irl has a lot to do, so it must be a lot to do, you guys are waiting to be dumbfounded!

Acquiring 80% of irl's shares is not Tang Mingxiang's ultimate goal. Her ultimate goal is to acquire Bayeux Ventures and Amazon's 20% shares and achieve 100% privatization.

It's just that she doesn't have much cash now, and the remaining 3 billion US dollars can only be used for daily marketing for more than half a year. How can she buy shares?

So Xiao Qi also prepared 10 billion US dollars in cash for her at Citibank, which she can use at any time.

But according to Xiao Qi's understanding, the person who is most happy about repurchasing irl is not Tang Mingxiang, but the group of middle and high-level people who followed her.

Although their treatment in Mingxiang Venture Capital is not worse than before, after all, after irl bought them back, many of them followed Tang Mingxiang.

Now that Tang Mingxiang had fulfilled his promise, they felt more at ease, and their sense of belonging to Tang Mingxiang, the boss, was even stronger.

In any company, loyal veterans are the cornerstone of the company's development.

Now that Tang Mingxiang has their assistance, it is like a tiger with wings added when he runs irl again.

With Xiao Qi's unlimited financial support, it is just around the corner that irl can regain its glory when it first opened, and even grow stronger.

There is another matter that is also indirectly related to Xiao Qi.

That is, after the Blackstone Group received Tang Mingxiang's IRL stock purchase funds and Xiao Qi's loan, it also announced that it would acquire 49.8% of the Black Rock Group's shares from Citibank at a price of 12 billion US dollars. The merger and reorganization has also officially kicked off.

The financial crisis is a disaster for many companies, but for many ambitious people, why not have opportunities everywhere?

With the merger of Blackstone Group and Blackrock Group, in terms of asset management and venture capital, it has completely thrown off a large part of well-known companies such as Green Pine Capital and Bayeux Venture Capital, and has truly secured its No. 1 position in the industry.

Through the example of Rockefeller, everyone knows that only monopoly is the most profitable.

Blackstone and the Blackrock Group are now heading towards this path. Although it is impossible to reproduce the grand occasion of Rockefeller Petroleum, they will still be strong enough to be scary.

Xiao Qi has never thought of taking part of the shares in this new group, not because he is unwilling, but because the Blackstone Group already has Huaguo's national capital in it, and if he joins it again, it is very likely that Americans are unnecessarily vigilant.

Anyway, there are so many things that make money in the world, and it is not necessarily necessary to participate in everything.

Xiao Qi's most important layout is still in the smart electronics and network industries. Even if he has some interest in investing in the industry, he still understands the truth of greed and incompleteness.

What's more, there are more important things waiting for Xiao Qi to do immediately.

The plunge in oil and gold prices is not the worst time of the year.

It will really start to suffer for people around the world when it starts in September.

The greed of Wall Street in the past ten years was released at once, and the financial tsunami destroyed countless companies and countries.

How to use this disaster to maximize the living space for his own industry and for the Chinese people is what Xiao Qi should plan.

Whether it was before Xiao Qi's rebirth or after his rebirth, the international situation of Huaguo enterprises was very embarrassing.

Now, if you don't take advantage of the bloodshed and heavy injuries of the white people, you will be a fool to strengthen yourself a lot!

No matter how underdeveloped we are compared with others, no matter how many unsatisfactory things are still there, are there people who don't want their motherland to be strong?

Of course, Xiao Qi hopes that through his own efforts, the sons and daughters of China can stand on top of the world again! (To be continued..)