Chapter 1095 The Shocking Merger - LVMH Group!

Xia Yu took a sip of coffee and said in a calm but powerful voice, "Mr. Henry Rigamil, I am here with sincerity, so I will not treat you badly, I will only make one offer!"

Henry Rigamil nodded slightly and did not speak, and continued to look at Xia Yu quietly, but his breathing slowed down subconsciously.

"I'll give you fifty million francs worth of equity!"

Henry Rigamil felt relieved, and then his mind was surrounded by a huge surprise in his heart.

It turned out to be an equity worth 50 million francs!

If this is put into the Louis Vuitton Group, it can get more than 2.5% of the equity!

He has worked in the Louis Vuitton Group for more than ten years, and the salary and bonuses he received are only more than 13 million francs!

The compensation given by Xia Yu is nearly four times his total income in the past ten years!

At a certain moment, he subconsciously wanted to get more.

But the thought only appeared for a few seconds before it was wiped out by his sanity.

Fifty million francs is enough equity!

After all, he takes equity, not cash, and he prefers equity to cash. After all, equity means dividends and a steady stream of income.

Not only that, the Bright Fund obviously has huge ambitions. After the merger of Louis Vuitton Group and Moët Hennessy Wine Group, the future will only be brighter. The company has great potential, and the future equity will only become more and more valuable. will ask for cash.

He will not be arrogant and think that his investment ability will be stronger than that of the Bright Fund!

Moreover, after accepting this equity, he will have to eat with Xia Yu in the future, and the equity worth 50 million francs will not occupy a large proportion in the merged company. Rather than being overly greedy, Xia Yu feels uncomfortable and enters. After the company, Xia Yu had a way to clean up his small shareholder.

Countless history proves a truth, small shareholders will never try to fight against absolute controlling shareholders!

Or take it as soon as you see it!

Anyway, the price is not low! Exceeded his expectations!

After making up his mind, Henry Rigamil changed his mind. He took the initiative to lower his posture, showed gratitude, and said to Xia Yu enthusiastically, "Mr. Xia, I accept your conditions."

Xia Yu smiled lightly and said, "Henry Rigamil, happy cooperation!"

"Happy cooperation!"

The two said and shook hands.

Now that it has been negotiated, there is no need for Xia Yu to waste time.

He bluntly said: "Henry Rigamil, within this week or so, Moët Hennessy will file a merger application with the Louis Vuitton group, you need to make the most of your time and think about how to convince the Vuitton family as soon as possible. "

"If there is any aspect that needs the cooperation of the Guangming Fund, you can put it forward in advance, and it is convenient for me to arrange it in advance."

"Okay, I'll do my best!"

Henry Rigamil nodded and said.

"I'm waiting for your good news!" Xia Yu said with a chuckle.

...

In the next few days, Leo Martin convened the board of directors of Moet Hennessy Wine Group again, and in the rage of Jill Hennessy's incompetence, he voted and passed the resolution of private placement.

After the board meeting,

The general meeting of shareholders was held immediately afterward.

Jill Hennessy, who already knew that he could not be stopped, directly refused to participate, so the shareholders' meeting voted 100%, and he took a situation to ensure that the process was legal and compliant.

The current French version of the "Company Management Law" does not require the approval of the Securities Regulatory Commission for private placement of private companies.

Therefore, after the general meeting of shareholders agrees, the resolution can be directly implemented.

The billion francs of the Bright Fund had already been prepared, and it was immediately transferred to the company account of Moët Hennessy Wine Group, and then President Alain Chevalier arranged for his subordinates to go through the procedures for additional stock issuance.

Jill Hennessy could only watch angrily as his family's shareholding dropped to 11.85 percent.

It's not over yet.

The acquisition team of the Bright Fund once again came to buy the equity held by the Vuitton family, and the attitude was very tough, completely coercive, and there was no incentive to say.

When the company was still listed, the shares they held were as high as 17.5%. Even if it was transferred at a par, it would be worth more than one billion and twenty million francs. If there was an ordinary premium of 30%, it would be worth it. More than 1.33 billion francs.

But what about now?

If based on the previous market value of more than 5.85 billion francs, plus the one billion francs raised by the Bright Fund, the company is worth more than 6.85 billion francs, and the equity held by their family is worth 8.8 billion francs. more than 111 million francs.

If it is calculated according to the company's assets in the private placement that has just occurred, it is even cheaper, and it is only worth more than 367 million francs.

The gap is so different!

And what is the current offer of the Bright Fund?

Four hundred million francs! ! !

Jill Hennessy nearly fainted when he heard the price.

And the acquisition team of the Bright Fund also threatened that if the Hennessy family refused to sell, then the Bright Fund would always dilute the company, and there were some ways to make them regret it.

In desperation, the Hennessy family held several meetings within the family. No matter how they were analyzed, the result was that they were not qualified to fight the Bright Fund, and the consequences would become more and more serious.

Instead of putting capital here, it is better to cut your wrists and sell the equity to work hard again.

During the second negotiation of the Bright Fund, after a fierce confrontation, the Bright Fund finally raised the price to 600 million francs and no longer let go. The Hennessy family could only reluctantly agree.

January 12.

The Bright Fund acquired 11.85 percent of the equity held by the Hennessy family at a price of 600 million francs.

Moët Hennessy Wine Group is finally wholly-owned by Bright Fund!

There was also a small episode that afternoon. Alain Chevalier, who was closely following the movements of the Hennessy family, learned that the Hennessy family actually wanted to persuade the Fairwo family to leave. He immediately issued a warning to the Hennessy family. The fund also issued a warning afterward.

On the other hand, he also found Yan Fairwo, the head of the Fairwo family, to do ideological work alone, and also gave them a salary increase and signed a stricter contract.

The Fairwo family is really reluctant to leave the family to create the Hennessy brandy for two hundred years, and the blending skills inherited from their family are all tied to the Hennessy brandy. The blending skills and recipes of the wine belong to the company. It cannot be taken away. If they leave the Hennessy Brandy Company, the deployment skills of all members of their entire family will be abolished by more than half.

Yan Fairvo recognized the situation.

Therefore, the Hennessy family and the Fairwo family, who have been working closely together for two hundred years, announced their breakup, and they will follow the Bright Foundation to eat.

On January 13, the day after Moët Hennessy Wine Group was wholly-owned.

Moët Hennessy Wines Group filed a merger application with the Louis Vuitton Group, and the company's president, Henri Rigamir, convened a board meeting immediately.

At the meeting, Bright Fund, the relatively controlling shareholder of Louis Vuitton Group, directly agreed and showed a bright future after the merger.

The Vuitton family objected, and the first board meeting ended without a hitch.

In addition to the Vuitton family, whether it is Leo Martin or Henry Rigamir knows that this time the board of directors is to take a form, the purpose is to not arouse the suspicion of the Vuitton family.

Then Henry Rigamil began to analyze the pros and cons with the Vuitton family, while the Bright Fund coerced the pros and cons from time to time, creating pressure on the Vuitton family.

Under Henry Rigamil's constant persuasion and deceit, the Weedon family was finally persuaded.

Then there is the price.

After many negotiations, it was finally agreed that Moët Hennessy would pay 6.9 billion francs, while Louis Vuitton would pay 1.9 billion francs.

On January 18, the Louis Vuitton Group's board of directors again passed the resolution of Moët Hennessy and Louis Vuitton Group with 100% votes, followed by a symbolic general meeting of shareholders in the same conference room, which also voted 100%. pass.

On January 20, Moët Hennessy Wine Group and Louis Vuitton Group completed a series of equity-related changes such as the company's business license, organization code, and national tax registration certificate.

The assets of the two companies were put under the name of the newly registered Moët Hennessy-Louis Vuitton Group, whose name was abbreviated as the French LVMH Group.

Bright Fund is the largest shareholder, holding 91.1 million shares, accounting for 91.1% of the total share capital. The second largest shareholder, the Vuitton family, holds 8.9 million shares. 8.9 percent of the total share capital.

Of course, the 50 million francs worth of shares that Xia Yu had promised to Henry Rigamil were secretly dealt with, and had been privately transferred to an offshore company in advance, with a total of 568,000 shares. As for Henry When Rigamir is exposed, that's his business.

So in fact, the shareholding ratio of Bright Fund is 90.53%.

I don't care if there is less Xia Yu. Anyway, it successfully acquired the biggest gain of Louis Vuitton Group 90. If the National Bank of Paris buys it, even if it succeeds, he will have to spend several hundred million francs, and the National Bank of Paris has to pay more. Take a commission of at least 50 million francs! Much less than fifty million francs for Henri Rigamil!

Now in this case, in fact, he has already earned!

In the early morning of January 21, the front page of "Ferrero" reported the news of the merger of Moët Hennessy Group and Louis Vuitton Group into French LVHM Group, and titled the merger as "Europe's No. Commercial Mergers & Acquisitions"!

The whole of France was shocked!

Then the aftermath spread throughout Europe!

In just over a month, the name of Bright Fund, which completed the merger, was mentioned again by countless media, and its reputation and prestige continued to skyrocket.

After the exposure, Xia Yu received many congratulations, including French President Francois Mitterrand.