I want to be a giant of Hong Kong Island

Chapter 303 [The dust has settled! 】

Wu Guangyao not only spent 580 million Hong Kong dollars to acquire 20% of the shares of Charlie, the second shareholder of Lane Crawford, but also asked Charlie to be his temporary acquisition consultant.

Charlie thought to himself, not only could he get a reward, but he could also slap Freddy severely in the face, to vent out the anger he had received all these years, so he was naturally competent.

After signing the share transfer agreement, Charlie began to offer advice: "Mr. Wu, the shares held by the Tony family and Freddie only account for 42% of Lane Crawford; since you decided to give up the shares of that miser Tony, then I I feel that the shares of those minority shareholders should be purchased directly and publicly!"

Wu Guangyao nodded and said: "I think so too! Then please Mr. Charlie to speak to those small shareholders, saying that our Baiyou Group already owns 30% of Lane Crawford's shares, and we only need to buy another 20% You can control Lane Crawford Department Store! The price is 28 Hong Kong dollars for 1% of the shares!"

Charlie quickly understood Wu Guangyao's intentions and used everyone's desire to let go to create a sense of tension;

Everyone thought that after Lane Crawford was acquired by a Chinese, the shares in their hands would naturally become a hot potato!

Soon, the news that Wu Guangyao wanted to acquire Lane Crawford Department Store spread throughout Hong Kong Island, and everyone's attention was focused on this for a while.

Although this is not Wu Guangyao's first acquisition of a British company, it is still a rare and rare thing in Hong Kong Island!

"It's a foregone conclusion that Lane Crawford will change hands!" the crowd said affirmatively.

"That's not necessarily the case. I heard that the head of Lane Crawford has the support of major shareholders, so he obviously won't be willing to fail!"

At this time, Freddy, the head of Lane Crawford, was impatient. Why did Baiyou Group suddenly appear to buy Lane Crawford? The important thing is that Baiyou Group belongs to Wu Guangyao's industry, so this matter is serious!
No, why does Wu Guangyao own 30% of the shares?
Unknowingly owning 30% of the shares, apparently a major shareholder has sold the shares in his hand; Charlie is unlikely, because he has always intended to become the head of Lane Crawford;

Freddy quickly thought of the Tony family in London, because only the Tony family had so many shares, and they had no intention of competing for the dominance of Lane Crawford.

"Traitor! Coward!" Freddie blurted out.

But after calming down, Freddy quickly picked up the phone and called Tony.

"If you didn't sell the shares, why did Wu Guangyao own 30% of the shares?" After listening to Tony's explanation, Freddy still asked suspiciously.

"Is it Charlie?" Tony was also anxious at this time. If Wu Guangyao really bought Lane Crawford, then the shares in his hands would be worthless, and he would even be targeted by Wu Guangyao.

"Impossible, Charlie is still competing with me for the position of head these days, and he will never sell his shares! Tony, are you sure you didn't sell your shares?" Freddy asked again.

"No! Freddy, I'm very disappointed in you, you don't trust me!" Tony hung up the phone angrily.

The more Tony is like this, the more suspicious Freddy is!
At this time, Wu Guangyao also figured out the distribution of shares in Lane Crawford. The Tony family owned 25%, Freddy 16%, and himself 20%. The remaining minority shareholders, a total of 12 people, own 39% of the shares.

In other words, the chances of success are very high!

"Mr. Wu, I own 5% of Lane Crawford's shares, but I want 150 million Hong Kong dollars!"

The one who spoke was a shareholder who came to the door first. He actually owns 5% of the shares, which made Wu Guangyao very happy!

"Deal! Mr. Cody, we can sign the contract right away!"

After taking this 5% stake, Wu Guangyao actually owns 25% of Lane Crawford's shares; however, he advertised that he owns 35% of the shares.

"Damn it, that traitor Cody betrayed me so quickly!" Freddy's fragile heart was hit again!
As for why I knew it was Cody, it was because Lane Crawford was the only shareholder with 5% of the shares.

Next, every time Wu Guangyao traded a share, he made a lot of publicity, which drove Freddie crazy!

And Tony, who was far away in London, also learned about the situation from his friends on Hong Kong Island, and he was in a more anxious mood than Freddie!
Three days later, Wu Guangyao announced that he owns 45% of Lane Crawford's shares (actually 40%);
At this time, Freddy also found a helper, that is Jardine Matheson.

Jardine Matheson lends money to Freddie, allowing Freddie to acquire the shares of the remaining shareholders.

The reason why Jardine Matheson joined the acquisition battle was naturally that Wu Guangyao suppressed Jardine Matheson several times, and it happened that Freddie came to ask for help again.

Freddie proposes HK$35 and 1% of the shares for acquisition;

The remaining minority shareholders are all people who set their prices on the ground, so naturally it is not so easy to sell Freddy's shares!
At this time, the Tony family far away in London is even more unimportant!
Wu Guangyao's plan is to get back the money spent by these small shareholders in the Tony family in the future!

What Freddy thought was that as long as Wu Guangyao bought the shares in the world, Wu Guangyao would not be able to get 50% of the shares, so at most he would come to Lane Crawford as a director.

If as expected, Wu Guangyao believes that there are still 19% of the shares in the market!
Because he moved too fast, Freddy had no chance to acquire the shares of other small shareholders.

In addition, the relationship between Freddy and Tony has not been repaired these days, so Freddy has not reacted yet.

"40 Hong Kong dollars and 1% of the shares, just wait for 24 hours! After 24 hours, if the shares in the hands of Baiyou Group are less than 50%, we will withdraw from the acquisition!"

At this time, Wu Guangyao also got angry!

The price is raised directly, and then the time is shortened, success or failure depends on this action!
"Mr. Jonas, I am willing to transfer 25% of the shares in my hand to Baiyou Group at a price of 1000 million Hong Kong dollars!" Tony received the news from Hong Kong Island and immediately contacted the trio who were still in London.

"NONONO, Mr. Jonas, we only need 6% of the shares! So, I'm sorry! But we will be partners in the future!" Jonas said relaxedly.

This cheapskate has TODAY too!
"If Baiyou Group didn't need my shares, it wouldn't let the three of you stay in London!" Tony said.

Jonas said with a smile: "It was originally necessary, but Hong Kong Island has already won the victory, so it is not needed now! We only need to acquire another 6% of the shares, and we can hold the Lane Crawford shareholder meeting and become Lane Crawford. The owner. Our boss called, if Jonas wants to sell the shares in his hand, he can only take 26% of the shares at 1 Hong Kong dollars, which is the value of Lane Crawford itself!"

The pain in Tony's heart!
Just because I asked too high a price at the beginning, it actually depreciated by a million Hong Kong dollars at this time.

Forget it, if Lane Crawford is really bought by a Chinese, then his shares are still at the mercy of others, and the 670 million Hong Kong dollars may not be worth it by then!

"Deal! When will the contract be signed?"

Jonas pointed to the suitcase he brought, and said, "Sign the contract right away, and I need to borrow the phone!"

Only five hours after Wu Guangyao's ultimatum, good news came from London!

Naturally, Hong Kong Island immediately terminated the acquisition and announced that its shares had reached 65%. A Lane Crawford shareholder meeting and management meeting would be held a day later!
A day later, Wu Guangyao led the top executives and lawyers of Baiyou Group to Lane Crawford's conference room.

"Mr. Freddy, I've been waiting for you for a long time!" Wu Guangyao greeted Freddy in the posture of a winner.

"Mr. Wu, you are rich and powerful, why are you looking at a small Lane Crawford department store?" Freddie said in a strange way.

"It is precisely because Lane Crawford Department Store is still very small that I decided to develop it into a department store giant!" Wu Guangyao said confidently.

The small shareholders in the room cursed inwardly, how shameless!

After Wu Guangyao finished speaking, he took the position of head of the meeting room without humility.

Then Wu Guangyao unceremoniously removed Freddy and other shareholders from the management team and promoted them to the board of directors!

Baiyou Group sent Fu Hongru as the chairman of Lane Crawford to clamp down on these people, because Fu Hongru has a veto power;

It also arranged for three managers dug from the London Metro Group to settle in Lane Crawford, but the other managers will not move!
In order to stabilize Lane Crawford, Wu Guangyao also announced a 10% salary increase for all Lane Crawford employees. In this way, Lane Crawford's situation will be completely brought under control.

And Hong Kong Island's wages are also rising, so this seems to cost more money, but in fact it's just conforming to the situation!

It is conceivable that the next thing will be that Ubay Group will completely control Lane Crawford Department Store;
And the remaining shareholders of Freddy, the shares in their hands will also be gradually acquired.

Youbai Group has just been established, and it has almost taken the step of diversified development!
(End of this chapter)