Start with a Cat and Mouse Game

Chapter 752

With 17% of the shares, only 34% of the support is needed to determine all the things and decisions of Citigroup.

It has long been rumored internally that at least 60% to 70% of shareholders have publicly supported him.

With such a high support rate, it is really not too easy to get 34% of allies.

Two days later, at 10 am, Li Changheng showed up at the signing ceremony with Annie, whose face was always flushed with excitement.

The guests who had been waiting at the scene for a long time, except dozens of New York upper class, and the camera crews of the three TV stations that had obtained the live broadcast qualification.

Hundreds of reporters were all beaten to death.

Holding a camera, tape recorder or pen and notebook, frantically trying to squeeze past the two walls of security and squeeze towards Li Changheng.

In the past two days, the outside world has announced the approval of Li Changheng's shareholding in Citigroup by the Congressional Review Committee. Therefore, the entire United States and the capital world have already known that Li Changheng will become the largest individual shareholder of Citigroup.

But after the people were surprised and shocked, what they want to know more is the specific amount of this transaction.

And what price did Li Changheng pay to get 93% of Citigroup shareholders to vote in favor.

Even Rockefeller was rumored to have let go of his prejudices and concerns about competition and welcomed him instead.

As for Morgan, he and the other 7% of shareholders chose to abstain.

That is to say, none of the forces in Citigroup voted against it.

It is not only unique in the history of super-giant enterprise acquisitions to make two large consortiums, plus dozens of large and small forces surrender, but also reflects that the price paid by Li Changheng is definitely not low.

After taking Annie and spending more than ten minutes greeting dozens of people, Li Changheng and the chairman of the Citigroup Board of Trustees signed the contract, stood up and held the contract, and asked reporters to take pictures.

Only then did he enter the questioning session that Li Changheng disliked the most but had to do.

"Lord Selby, can you tell us how much and what it cost you to invest in Citigroup?"

Li Changheng thought for a few seconds, then smiled and said, "1 billion US dollars in cash, plus additional conditions, about 1.5 billion."

"God,,,,."

Although everyone was mentally prepared, it was still unacceptable to hear the $1 billion in cash.

And the tens of millions of American people watching this matter in front of the TV, their hearts are beating wildly frightened by the 1 billion cash.

This is real cash, not a share swap or installment payments.

In the whole of the United States, and even in the whole world, apart from major commercial banks, few companies can easily come up with 1 billion U.S. dollars in cash, even 100 million U.S. dollars.

Not to mention the individual.

While countless men are envious and jealous, countless women wish to replace Annie as Li Changheng's fiancée.

On the other hand, the countless English people who were listening to the radio and who knew about it were amazed and shouted Annie long live.

The apparent assets of the entire royal family, according to statistics, are about 500 million pounds.

If it were changed to 4 or 5 years ago, there would be 2 billion.

But now, after all the calculations, it is actually less than 1.2 billion.

Fortunately, after the Englishman felt aggrieved, he thought that if the two got married, half of Anne would be richer than the entire royal family immediately based on Li Changheng's assets.

Even in case of divorce, England will probably welcome the richest princess and woman in the world.

It's a pity that Li Changheng will not belittle and underestimate Anne, but it is absolutely impossible to get half of the divorce.

He didn't even have to wait until he got married to think about it. At the beginning of 1971, his main assets were already controlled by cross-shareholding offshore funds.

Moreover, Annie's thoughts at the time were all about him giving up on landing on the moon. After seeing that he could not persuade him, Xiao Nizi signed a ten-point contract without even looking at it while she was angry.

If the relationship between the two really broke down and they were about to divorce, Annie should be fine as a billionaire. After all, many assets are not cash, but shares.

Randomly getting shares in a few companies would be enough for Annie to be rich for a lifetime, but it's better not to think about getting half of them.

On the contrary, because of the family fund, the children of the two must have a large proportion of inheritance rights.

By the way, neither Annie nor her children have a share in the property on Hong Kong Island.

There were more than a hundred people at the signing scene. After being amazed, some people with strong calculation skills quickly calculated in their hearts, and there were exclamations and whispers again.

Citigroup's external valuation was 6.1 billion half a month ago. After news of Li Changheng's acquisition came out, the stock price soared to 7 billion without any surprise.

But the 17% stake is 1.19 billion U.S. dollars, and Li Changheng bid 1.5 billion, which means that the premium is far beyond outside expectations.

Not more than 50%, but only 29.3%.

At this price, if Citigroup is willing to publicly sell shares again, not to mention the major financial groups, even ordinary rich people will definitely mobilize the largest funds and rush to buy them.

The reason is simple, as long as the country of the United States does not fall, the economy is still on the rise, in a few years, ten years.

The stock price will always rise to more than 30%, and the status advantage brought by Citigroup is by no means comparable to a little money.

Otherwise, Li Changheng would not be so eager to invest in Citigroup.

And everyone at the scene quickly understood that in addition to the 1 billion in cash, the additional conditions worth 500 million US dollars were the key to buying shares.

"SIR, can you tell me how you managed to impress 93% of shareholders and get 7% to abstain from voting?"

Li Changheng looked at Alan Gay, chairman of the board of directors, and Tyler Garnell, vice president of Citigroup.

Seeing the two shrug their shoulders, they signaled him to be casual.

Even Alan Gay, who had been against him before, worried that he would take away the chairmanship of the board of directors, and was hostile to him as a shareholder, looked at him with a kind smile on his face.

Li Changheng almost couldn't help but frowned, and then sighed helplessly in his heart, capitalists are indeed money eaters.

And it is extremely short-sighted and only looks at short-term interests.

Of course, if Li Changheng did not hang up, he would probably be the same as the shareholders. After all, no one can meet, and the market value of Citigroup in the future will exceed one trillion US dollars.

Therefore, he just pulled the supporters and previously opposed shareholders into several projects, and these guys immediately surrendered.

After thinking for a while, Li Changheng said with a smile, "Since Chairman Allen-Gay doesn't want to show off, I'm honored to announce it.

In the next three years, Citigroup will not only enter into the production of high-tech crops without soil and pesticides.

We will also try our best to cooperate with major media groups to develop a new sales model that can change the entire sales industry.

The third is that I will invest 100 million U.S. dollars and use a word processor invention for 30 million U.S. dollars to obtain a 35% stake in Xerox.

Starting today, under my leadership, Citigroup will formally enter the office automation and personal computer industries. "

Citigroup is crazy, this is the first thought of everyone present except the shareholders who attended the meeting 3 days ago.

Chapter 753/1377
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