Chapter 906 Dozens of Acquisitions!
Raising the card is a measure taken by the trading markets of various countries to avoid the loss of shareholders due to the purchase of shares with large funds and the volatility of stocks: generally speaking, when holding more than 5% of the shares of a company, the purchaser must disclose his shareholding ratio to all shareholders. And to warn and inform shareholders who hold the same stock to pay attention to the risk.
On September 16, in the securities trading markets of various countries such as Renton, Goryeo, Huajia, and Modongge, 23 listed subsidiaries of Sanfu Group were collectively raised by Jiadian Group!
This also means that at the same time, Jiadian Group holds 5% of the shares of 23 listed subsidiaries of Sanfu Group.
The whole world was shocked.
No one expected that Jiadian Group would suddenly play such a trick of repairing the plank road and secretly Chen Cang, but when it had been silent for more than a month, it suddenly attacked "Pearl Harbor" and directly held 5% of the shares of many subsidiaries of Sanfu Group.
However, the outside world is also a little uncertain about the release of this signal, and I don't know what Jiadian Group is buying these stocks for.
Is it to prepare for the acquisition of the Three Funeral Group, or is it to make trouble for the management of the Three Funeral Group?
This means something completely different.
This also made many shareholders stop for a while, no longer sell, and patiently wait for the announcement.
Soon, Jiadian Group issued a statement on major trading platforms.
The statement did not explain the reason for the acquisition of the shares of Sanfu Group, but only said that Jiadian Group supported Arrowt Asset Management and SPAB Fund, and requested the reorganization of Sanfu Group and the re-election of the board of directors.
In addition, Jiadian Group, as a major shareholder, also asked the three mourning groups to hold the relevant responsible persons accountable for the flagship N7 incident, and asked Li Jianxi, the chairman of the three mournings, to take the blame and resign.
At this moment, everyone knew one thing: although they didn't know what Jiadian Group was going to do, the Sanfu Group would definitely be in chaos next.
After all, several major shareholders jointly put pressure on the reorganization, although it has no legal effect, but it will definitely be under a lot of pressure for the group.
Especially among them, there is also Jiadian Group, an opponent with abundant funds, and it is undoubtedly that the Sanfu Group has fallen into civil strife.
As a result, the shareholders sold again, and the share price of Sanfu Group fell again.
Seeing this, Wei Lin and Xiao Di, who were ambushed in the market, began to sweep the shares of the Three Funeral Group again.
The stock prices of the subsidiaries of the Sanfu Group are in this tug-of-war, rising and falling.
At this time, in the headquarters of the Three Funeral Group, in the chairman's office, Lee Jae-yong was listening to the reports of the people below.
After listening to the report, his face was gloomy? And asked? What does the secretary's office say? ”
The secretarial office is the highest decision-making department of the Three Funeral Group and reports directly to the Li family. Among them, 400 "staff officers" and half of them came from management departments? The other half come from the technology sector. When there is a problem with the individual subsidiaries or even the group? The secretarial office will formulate strategies and even detailed plans and measures according to the problems.
And the president? Generally after listening to the judgment and plan of the secretary's office? Then make a comprehensive judgment.
Lee Jae-yong's subordinate said, "The secretary office believes that what we need in this situation is to eliminate the negative impact, and we should not directly deal with the major shareholders." So they are ready to partially accept each other's proposals? And made a positive response to the statement of Jiadian Group. ”
Finished? This subordinate took out a plan, bent down and handed it to Lee Jae-yong.
Li Zairong, who was sitting behind the desk, took the document, looked at it carefully, said "um", and then signed.
The next day? The three funeral groups held a press conference. Positive responses were given to the recommendations made by Arrowt Asset Management and SPAB Fund:
Sanfu Group agreed with the proposal of the two major shareholders, so it decided to admit an independent director to the board of directors? And 40% of the cash will be used for profit dividends.
As for Jiadian Group's acquisition of the group's shares, they also made their own response: Jiadian Group's acquisition of the company's shares? It is an affirmation of the three funeral groups. It is precisely because of the confidence in the current management of Sanfu Group that Jiadian Group will acquire the shares of many companies of Sanfu Group.
And Sanfu Group also welcomes Jiadian Group's trust in the company? And willing to open your arms to every shareholder who wants to invest in three funerals? Everyone is welcome to invest? And enjoy dividends.
I have to say that the three funeral groups responded very well to each other. Su Yang was obviously an act of demolition, but as a result, he was defined as a bullish behavior by them.
In addition, some of them accepted the proposal of the major shareholder and responded to it as soon as possible, which also made the Sanfu Group more recognized in the capital market.
Even because of the preparation for the distribution of the group's free cash, shareholders' confidence in the Sanfu Group began to rise.
As a result, Sanfu Electronics, the most important subsidiary of Sanfu Group, began to rise. This also stopped the decline of other subsidiaries.
And just when everything is going in a good direction.
In the afternoon, the storm changed again.
Jiadian Group issued an announcement on the magnesium country securities trading market to acquire a premium of 6% of the shares of Sanfu Electronics held by several unknown financial companies.
Therefore, Jiadian Group now holds 11.12% of the shares of Sanfu Electronics, officially becoming the second largest shareholder of Sanfu Electronics.
Not long after Jiadian Group issued an announcement in Korea, Jiadian Group also issued similar announcements in many securities markets such as Renton, Modongo, Goryeo, and Europe.
After several acquisitions, Jiadian Group will also acquire shares ranging from 5% to 8% in the hands of the eight listed subsidiaries of Sanfu Group.
It has become the major shareholder of the top three major subsidiaries of the three important subsidiaries.
This time, the whole world was in an uproar again.
If yesterday, Jiadian Group was caught off guard by the three funerals, and it also made everyone unable to distinguish what Jiadian Group was doing, then now the ambition of Jiadian Group is clearly revealed: that is, to annex the three funeral groups!
And this annexation was carried out completely without greeting!
This is a hostile takeover of Chiguoguo!
After all, holding shares in more than 20 important subsidiaries at the same time, this has completely deviated from the scope of normal commercial acquisitions, which is to directly smash the money!
And when things came to this point, Jiadian Group no longer concealed it, Su Yang directly held a press conference for the world in the magic capital, and then publicly said at the press conference, "Jiadian Group has a lot of new technologies that exceed modern technology, but there is no excellent channel and factory to produce and sell. ”
"And the Three Funeral Group just meets all this."
"So I decided to use the overseas funds of Jiadian Group, as well as the cash that Hermes plans to raise, to accelerate the pace of the acquisition of Sanfu Group. I believe that it will not be long before Sanfu Group will become a branch of our group. ”
This time, it really caused a sensation all over the world!
No one expected that Su Yang would say his ambitions so directly, nor did he expect Su Yang's appetite to be so big, and he actually directly targeted the world's top 15 large groups: Three Funerals.
In particular, Sam Fu is Goryeo's chaebol, and it is also a business card of Goryeo facing the world, if this business card is acquired, then Goryeo will really lose face!
So when Su Yang's words came out, the whole world fell silent. Everyone is waiting for the reaction from Goryeo's side, and they are also waiting for the reaction of the Three Mourning Group.
That evening, everything was calm.
The next day, the third mourning prince Lee Jae-yong updated his mood on Facebook, which read: Barbarians are knocking on the door. But behind us is our nation and our country.
In the afternoon of the same day, the spokesperson of Sanfu Group responded to this incident for the first time, saying, "Jiadian Group's behavior this time is a hostile takeover. Our group is a national enterprise of Goryeo, and we will not allow foreign companies to control or even acquire our group. ”
Thus, the battle officially began.
The shares of the various subsidiaries of the Sanfu Group were already seriously divided, but now they have become more eye-catching. This is because some shareholders believe that since Jiadian Group wants to snatch the shares of Sanfu Group, the value of Sanfu Group's shares will probably rise wildly.
But more investors are very rational. After analyzing the stock structure of the three funerals, they believe that most of the acquisition plans of Jiadian Group will end without a hitch.
If it does, it is likely that there will be a massive sell-off at that time.
Coupled with the scandal of the flagship N7 that broke out during this time, the management struggle of the Sanfu Group will inevitably affect the profits and operations of the Sanfu Group this year.
Therefore, they are not optimistic about the future of the Three Funeral Group in the short term.
However, the ups and downs of the stock market are not of much significance to Su Yang now. Because he has already completed the layout before, he will not be affected by the current stock price at all.
As a result, on the third day, Jiadian Group raised its cards again, announcing that it had acquired part of the shares of the remaining listed subsidiaries of Sanfu Group from several financial companies, and increased the shareholding ratio of more than 20 large subsidiaries of Sanfu Group to more than 10%.
As for the specific percentage, it was not disclosed because it did not exceed 15%.
In three days, dozens of times, Jiadian Group has played its own momentum. Everyone saw the determination of Jiadian Group to win this time.
So the three mourners were also a little panicked at this time.
Lee Jae-yong, who had always had a confident smile, couldn't smile anymore, he paced around the office for a long time, and then made a few phone calls to several large banks and financial companies on Wall Street that held shares in the Sanfu Group.
As the actual controller of the three funerals, he knows who is standing behind the three funerals, and he also knows who the most critical shares of the three funerals are in whose hands.
Although there are many shares of Sanfu Group in the market, when Su Yang acquires more than 10%, it is already very troublesome to want to acquire it, and the price is also very high.
So what we need to do now is to stabilize the group of bankers and financial predators behind them, so that they can still stand behind them. In this way, even if Su Yang acquires all the scattered shares in the market, it is impossible to get the actual control of the Sanfu Group. It's still possible to win.
After a few phone calls, Lee Jae-yong breathed a sigh of relief, although those financial giants were very annoyed by his recent events, but they still supported him.
Lee Jae-yong, who got the good news, finally relaxed a little.
But just as he was in a relaxed mood, bad news arrived. The explosion of the N7 mobile phone, through this three-loss equity dispute, has a wider and wider impact.
Consumers in many countries began to complain about the three funerals, demanding compensation and treatment from the three funeral groups.
As a beacon of cooking, several major airlines in magnesium country, led by Southwest Airlines, have issued a ban on carrying N7 mobile phones on board.
This made the three mourning groups even worse.
This kind of big issue related to the strategy of the entire group, Lee Jae-yong does not dare to be sloppy.
He knew that if this matter was not handled well, maybe Su Yang would not need to be re-elected to the board of directors, and he himself would be ousted from the board of directors.
So, three days later, as a last resort, Sanfu Group announced that it admitted that there were quality problems with the N7 mobile phone battery, which could lead to spontaneous combustion. It also announced a recall of 1.7 million mobile phones sold worldwide.
At the end of the press conference, Gao Zhendong, president of Sanfu Mobile Business, bowed and apologized.
On the same day, the stock price of Sanfu Electronics plummeted, and even other subsidiaries that had just stopped their decline began to fall slightly.
And at this moment, Jiadian Group, which had been silent for nearly a week, raised its cards frantically again.
One, two, three...
Jiadian Group successively raised cards to more than 20 listed subsidiaries of Sanfu Group, stating that it has held more than 15% of the shares of these subsidiaries of Sanfu Group.
The crazy acquisition of Jiadian Group, this terrifying ability to absorb equity, directly shocked all the people who paid attention to this matter all over the world.
This is a three-mourning group, not a cat or a dog. Not to mention anything else, the market value of Sanfu Electronics alone has exceeded $100 billion, and it has even risen to $110 billion during this period because of acquisition rumors.
Together with a range of other subsidiaries, the total market capitalization is estimated to be around $180 billion. If converted into RMB, it has already exceeded one trillion!
With such a level of enterprise, Su Yang actually dared to come hard!
How much does this cost!
Tens of billions have already been thrown away now!
A few days ago, when Su Yang raised his card for the second time, everyone felt that he was crazy.
And the three funeral groups also put positive pressure and questioned Jiadian Group.
Later, the Jiadian Group did calm down for two days, but just when everyone thought that the Jiadian Group was going to give up like the last attack on Goryeo, the result is actually hard now?!
Directly collective for the third time!
It's just a matter of ignoring it!
What hole cards does Jiadian Group have!
Why the hell are you so confident!
Because of the explosion of the flagship mobile phone of the three funerals, coupled with the forced hostile takeover of Jiadian Group, this matter is now being discussed all over the world. Many experts and scholars began to analyze the possibility of Jiadian Group's acquisition of Sanfu Group.
These experts and scholars have given a pessimistic conclusion from the size of the two, the current situation of the company, the supervision of the state, and the calculation of cash reserves.