City Start Striving for Becoming a Rich Man
Chapter 670
Chapter 670
At the end of October, Ni Shixiao came to Bosston after a short stay on Long Island.
He will meet with Degan Lawrence, a representative of the Bosston Consortium, to discuss the issue of the replacement of Vale shares.
After months of trials and negotiations, the two parties have already had the intention to carry out a share swap.
Ni Shixiao took a fancy to Vale’s shares, and the Boston consortium took a look at Cisco~Boer’s shares.
In 1987, Ni Shixiao acquired 60% of Cisco Bor’s shares. When Cisco Bor was listed, Ni Shixiao’s shares were diluted to 30%.
But later, he maintained his share of 40% through acquisitions in the secondary market and mergers with minority shareholders.
According to his original plan, by around 2010, cash out most of Cisco Bor’s shares.
Now that he has the opportunity to replace Vale’s shares, he is also happy to see it succeed.
The Bosston Consortium is one of the ten largest consortia of Emerican and one of the oldest monopoly consortia of Emerican.
It was formed by the Lowell, Lawrence, Adams, and Rocky families in the Bosston area that became rich by operating the slave trade in the 19th century and the newly-emerged Kenildy family.
At that time, these families invested huge sums of funds accumulated from overseas colonial plunder in commercial banks, insurance businesses, and investment companies.
And rely on these financial institutions to provide funds to operate textile, leather, shoe, clothing, food, chemical and other light and textile industries.
Due to the rapid development of the textile industry, in the early 20th century, the Bosston First National Bank was formed by the Bosston First National Bank as the core of Bosston’s several families that had intermarried with each other to form the Bosston Consortium.
In terms of foundation, the Charles consortium is far behind the Boston consortium, and it is not comparable in terms of cash flow.
The Boston family has an insurance business, insurance!
Ni Shixiao has always been greedy, but has no chance to enter the industry.
To say that the richest group in the world, the insurance industry must have a place, and the insurance industry is not a pure business activity.
Ni Shixiao wants to enter this industry now, unless there is a huge change in the world’s landscape, then don’t think about it.
·············
Ni Shixiao took a helicopter to the Lawrence’s manor, which is on the edge of a beautiful canyon.
Within a hundred miles, no one else lives here.
The land around here belongs to the Lawrence family, which can be said to be their private property.
Ni Shixiao got off the plane, and Degan Lawrence gave Ni Shixiao a hug.
“Charles, welcome to Lawrence Manor.” Lawrence said kindly with a smile on his face.
“Patriarch Lawrence, this is a gift from me.”
Ni Shixiao took out a Pharaoh’s scepter engraved with many precious stones, held it in both hands, and handed it to Lawrence.(Read more @ wuxiax.com)
After Lawrence took it, he looked at it carefully and said, “Charles, I’m interested. I even know my little hobby.”
“Knowing that the Lawrence family has researched on the history involved, I was fortunate to encounter this scepter in the market last time. Today is also to offer Buddha by borrowing flowers!”
“Inside, please, taste our own coffee produced by the Lawrence family. I let someone grow it myself in Jamaica.”
In the living room, Lawrence and Ni Shixiao sat opposite each other, sitting there drinking coffee, talking about history and art, and talking about the Renaissance.
The two of them slowly walked in circles, lagging behind to get to the point.
This kind of thing is the same no matter which country in the world, they will go around in circles and talk about irrelevant topics.
It can be regarded as a test of other people’s reality and bottom line.
The topic went around, and two cups of coffee were added, and the two men began to turn the topic to share swap.
“Charles, our Boston consortium owns 30% of Vale’s shares. Our intention is to replace Cisco’s shares with you. We are now talking about the ratio of replacement.”
Ni Shixiao put down the coffee cup and said with a faint smile: “According to valuation, 20% of Cisco Bor’s shares are more than the value of 30% of Vale’s shares.”
“However, you and I know in my heart. This value cannot be measured by simple money. So I am willing to exchange shares on a one-to-one ratio.”
The shares of Cisco Boer are in the hands of the Bosston Consortium and can exert greater energy than in the hands of the Charles Consortium!
This is a natural disadvantage of Ni Shixiao, because Ni Shixiao is a yellow race and does not have the nationality of American.
There are some benefits that he can’t enjoy at all!
For example, the policy tilt of Congress has many benefits that cannot be said.
But in the hands of the Bosston Consortium, you can get all the benefits you should get.
In terms of the role that two shares can play in the hands of both of them, it is more reasonable to replace them on a one-to-one basis.
·· ····Find flowers········
Lawrence considered it for a while and said, “Charles, this replacement ratio is reasonable, and I agree.”
“But I am interested in your other 10% of Cisco Bor shares. I don’t know if you consider whether to sell. If you want to sell, we can talk about the price.”
“Sorry, Patriarch Lawrence, my evaluation of Cisco Bor is relatively high. I expect the value of Cisco Bor to double in the future. I intend to hold it for a while.”
“If I want to sell in the future, I will contact you!”
“OK! This is fine, but I need you to delegate voting rights to the Boston Consortium.”
“Yes! As long as it doesn’t affect Cisco Bor’s valuation, I don’t care about this voting right. In fact, I haven’t participated in Cisco Bor’s shareholders meeting for so many years.”
…… 0 0
“Okay! We have settled the matter, please move to my tasting room, let’s have a good drink.”
“It’s better to be respectful than fate!”
After spending most of the day in the Lawrence family, when Ni Shixiao left, he also took two bottles of 1886 Romanni Kanti red wine.
This red wine is very rare, and its value may be more than the scepter Ni Shixiao gave to Lawrence.
Lawrence is very generous, except for these old-fashioned families, there is no longer a 1886 Romanie Conti red wine on the market.
It is priceless!
·············
The biggest gain of this trip is not to get the shares of Vale, but the Charles family has been recognized by the Bosston Consortium.
It had been recognized by the Rockefeller, Mellon, and Morgan families before, and now it has added a Bosston.
The Charles Consortium has also been recognized by four of the top ten, and it is considered to have a firm foothold in American.
However, part of Ni Shixiao’s industries will also need to be relocated and need to move out of Newark, because Newark is the first Citigroup’s sphere of influence.
Except Wall Street, anyone can participate. Other industries have to delimit their spheres of influence in order to avoid unnecessary competition.
Ni Shixiao will increase investment in Montana and expand his livestock and agriculture in Montana.
Before Baisan Retail, these two businesses have actually been carried out in Montana, but the scale is not too large.
Now we are going to enter these two industries with great fanfare. versus.
Read more @ wuxiax.com. Chinese MTL Fan-Fiction/Second Element novel can be read @ HotMTLNovel for free.
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