Rebirth of the Financial Crisis Sweeping the World

Chapter 469: 469 won the top 100 global companies!

Wang Guanxi smiled and said: "Mr. Evan Cardinal, in fact, you don't have to be so stubborn. 10% of Class B shares are now worth 600 million US dollars. I can buy them with 1 billion US dollars. In the future, we will jointly operate Cardinal Health group"

The Cardinal family holds 25% of the shares of Cardinal Health Group, of which 10% of the shares belong to Class B shares, one share has 10 voting rights, and has controlled 52.8% of the voting rights.

The other 15% of the shares belong to Class A shares, and each share has only one voting right.

If the Class B shares are sold, the family business of the Cardinal family will belong to Wang Guanxi.

This is a Fortune 100 company with huge influence.

What kind of joint venture, go ahead and cheat ghosts.

Evan Cardinal was about to say something, but Wang Guanxi said again: "Mr. Evan Cardinal, I know that your account will soon be liquidated. Once your account is liquidated by then, there will not be enough buying funds." In the future, if you are liquidated, the Dow Jones Index will inevitably plummet badly, and your losses will increase, but I can promise to liquidate the short positions on the Dow Jones Index for you to hedge.”

Evan Cardinal put his hands on his thighs and pressed hard, his palms were beaded with sweat.

At present, the Dow Jones Index has fallen to the position of 8020, and his account will soon be liquidated. If the long position of 600,000 lots is forcibly liquidated, then it is equivalent to shorting the Dow Jones Index of 600,000 lots in the market. One can imagine Jones How badly the index will fall.

At that time, the average closing position will be much lower. For example, he started to liquidate his position at 8000, and then the Dow Jones Index plummeted by 400 points. His average closing position may be below 7800, and he will lose 200 points more. .

If Wang Guanxi is willing to close the short list on the Dow Jones Index, it will offset a lot.

In this case, after he liquidates his position, he will also reduce some losses.

But if he handed over the Cardina Health Group in this way, he was really not reconciled.

Although the current stock price of Cardinal Health Group is 21 US dollars per share, the total share capital is 290 million shares, and the market value is only 6.09 billion US dollars, its turnover is extremely high. It is a global top 500 company with 40,000 employees.

Great influence.

"Mr. Wang, we sell 5% of Class A shares and 8% of Class A shares, what do you think?"

Wang Guanxi shook his head: "I only want the 10% of Class B shares. The market price is 600 million US dollars, but I will give you 1 billion US dollars, a premium of 400 million US dollars."

Evan Cardinal gritted his teeth and said, "The premium is doubled, and I need $1.2 billion!"

Usually the acquisition of a company requires a premium,

But this is a Fortune 500 company with a huge turnover, huge operating costs, and a huge chain of interests. The network of relationships is here. If you sell the control of the Cardina Group, it is tantamount to giving up the Cardina family. The network of interests that has been built will also affect other industries of the family to a certain extent.

But now that he himself is in dire straits and needs funds urgently to reduce losses, he has no choice but to agree to Wang Guanxi's acquisition offer.

But he wants the price to be a little higher.

"Mr. Wang, our Cardinal family has been running the Cardinal Health Group for nearly 40 years. At present, it has become the largest pharmaceutical supplier in the United States, with extremely high sales, and it is also among the top 500 companies in the world. With the health group as the core, it has a huge circle of interests, 1.2 billion US dollars, absolutely worth it!"

Wang Guanxi said with a smile: "Evan, Mr. Cardina, that is 1.2 billion US dollars. In the future, the Cardina family can jointly operate the Cardina Health Group with us!"

"The companies I control include Ford Motor Company, Macy's Department Store, Macy's Pizza Company, Fifth Third Bank, Huntington Bank, East West Bank, Silicon Valley Bank, Bank of Hawaii, and Hawaiian Airlines. It is already a small consortium. , but I hope to expand the sphere of influence of the consortium, and use Ohio as a base in the middle of the United States to create a consortium that affects the economy, politics, and diplomacy of the entire United States!"

"Welcome your Cardina family to join here"

At present, Wang Guanxi's consortium includes the Ford family, the Macy family, the Monaghan family, and some small families.

Evan Cardinal quickly agreed, "Mr. Wang, it is my honor."

He also knows that a new force has recently emerged in Ohio and Michigan, including the Macy family, the Ford family, the Monaghan family, and some bankers, including Wang Guanxi, a financial tycoon, forming a consortium .

It owns Macy's Department Store, Macy's Pizza Company, Ford Motor Company, Huntington Bank, Fifth Third Bank, East West Bank and Silicon Valley Bank in California in the eastern United States.

Unexpectedly, Wang Guanxi also owns the Bank of Hawaii and Hawaiian Airlines in Hawaii. Obviously, the person who spent 550 million US dollars to buy Lanai Island from Murdoch is undoubtedly Wang Guanxi.

This Wang Guanxi is very mysterious. He controls this emerging consortium. He never shows his face in the media, nor does he work in any company. He does not participate in the gatherings and dinner parties of the rich. He just holds private gatherings in the ranch, which is extremely secretive and low-key.

If he hadn't come to Huntington Bank, he wouldn't have known that the person who controlled a consortium was actually such a young boy, which really subverted his three views.

Whether you join this consortium, everyone is a community of interests.

So Wang Guanxi mortgaged part of the shares of Citibank held by No. 2 Fund to Bank of America Corporation, loaned another 1.2 billion US dollars, and then paid it to the Cardinal family, and obtained a 10% stake in the Cardinal Health Group. , all of which are Class B shares, with 52.8% of the voting rights.

After the Cardinal family obtained US$1.2 billion, they repaid the US$1 billion loan from Huntington Bank and Fifth Third Bank, and redeemed the 25% equity of Cardinal Health Group mortgaged to the two banks.

Among them, 10% of the equity is Class B shares, which belong to Wang Guanxi's No. 2 Fund, and then No. 2 Fund donated the 10% of the equity, 2900 Class B shares, to the Crown Charity Foundation.

Wang Guanxi said to Evan Cardina: "Mr. Cardina, we will jointly operate the Cardina Health Group in the future. Members of our Cardina family can still serve as directors and executives."

At present, although Wang Guanxi's Crown Charity Foundation controls 29 million Class B shares of Cardinal Health Group, it has 52.8% of the voting rights.

However, the Cardinal family still holds 15% of the shares, all of which are Class A shares of Cardinal Health Group. Each share has 1 voting right, and a total of 7.8% of the voting rights.

Although it only holds 7.8% of the voting rights, the Cardinal family is still the largest shareholder of Cardinal Health Group.

Class A shares have different voting rights than Class B shares, but the dividend rights are the same.

Evan Cardinal: "Mr. Wang, we have a happy cooperation, and we will advance and retreat together in the future!"