v3 Chapter 1088： Like a broken bamboo

Chapter 1088

Headquarters of the National Bank of Paris.

The current president Le Mir warmly received Leo Martin.

Bright Fund has a deep business relationship with BNP Paribas. For example, the two sides have a lot of cooperation in the financial allocation business.

Not to mention, early this morning, he received a report from his subordinates that the Bright Fund had suddenly transferred a sum of up to 1.5 billion francs to their bank account.

Although I don't know what the Bright Fund wants to do, but this big customer deposits money in his bank, it is still such a large sum, can he not be enthusiastic?

"President Leo Martin, welcome you, please sit down!"

"Is it the same coffee as last time?"

"Okay thank you!"

...

After a long greeting, Le Mire's secretary served both of them with steaming coffee.

Leo Martin said straightforwardly: "President Le Mill, this time, I hope to reach two cooperations with BNP Paribas."

"In order to show my sincerity, yesterday I have deposited 1.5 billion francs in our company's BNP Paribas account. I wonder if you have received any news."

Le Mir raised his brows, then smiled and nodded and said: "I received the news this morning, thank you very much for your trust in our bank."

"I am also happy to serve your company."

"What kind of cooperation is it?"

For banks, the most important thing is funds. As long as they have funds, they can make money by operating.

Therefore, Le Mire has made up his mind to eat all the money in his stomach to increase the strength of BNP Paribas.

Leo Martin took out his letter of intent for cooperation from his briefcase and handed it to Le Mir.

"President Le Mir, this is a letter of intent for cooperation made by our company, which contains the business needs of our company. You can take a look first."

"Ok!"

After Le Mill finished speaking, he immediately accepted the flimsy letter of intent for cooperation, opened it and quickly browsed it.

When he first looked at the front part, his brows frowned subconsciously, but he kept his breath and continued to look down. When he saw the back, his brows stretched out, and his heart quickly calculated.

Leo Martin was not in a hurry, and kept enough patience to wait while drinking coffee.

After a long time, Le Mire finally put down the letter of intent for cooperation in his hand.

Leo Martin then smiled and asked: "President Le Mill, are you willing to follow these businesses?"

Le Mire smiled and nodded: "Of course, I have no reason to refuse."

"However, for specific discussions, your company needs to connect with our dedicated responsible personnel."

Bright Fund wants to acquire the equity of Moet Hennessy Wine Group and Louis Vuitton Group in the hands of BNP Paribas. In order to maximize the benefits, it must be negotiated by the negotiating team, and to be honest, as the president of the bank, he focuses on the overall work , It’s good to know that the bank owns these shares, and he can’t remember so many details.

Leo Martin nodded and declared something: "President Le Mill, I hope to reach the first cooperation as soon as possible, and then start the second cooperation business."

"And it must be kept confidential. You should see that the commission we give is very high. I believe that no company in France will reject this business, but we only contacted your bank. If the news is leaked, it will Put us in great trouble, and your profits will be lower then, won't they?"

Le Mirre heard the potential meaning of Leo Martin’s words, and he was not upset either. He looked serious and nodded and promised: “President Leo Martin, please rest assured that our bank will never exceed the bottom line of business, and will do our best. Guarantee the interests of partners."

"Today I will convene relevant personnel for a short meeting, and I will call you the situation in the afternoon, okay?"

"Of course no problem, I am waiting for your good news!" Leo Martin said with a slight smile.

...

Leo Martin came fast and went fast.

After he left, Le Mire read the letter of intent to cooperate again, and then asked the secretary to deliver some instructions.

There are two cooperations offered by Bright Fund. One is to acquire the equity of Moet Hennessy Wine Group held by BNP Paribas and the equity of Louis Vuitton Group. The second is to entrust it to help cash purchase other banks and institutions. Equity held.

The two cooperations are tied together, and the second business can be opened only after the first one is completed.

Therefore, BNP Paribas made some money at most on the first cooperation, and the second acquisition was faster. The lower the cost of the acquisition, the higher their profits.

The acquisition conditions of the Bright Fund also ensure that BNP Paribas will do everything possible to complete the acquisition of relevant equity quickly and in a low-key manner.

After all, the Louis Vuitton Group is not listed, but Moet Hennessy Wine Group is a listed company. Once the news is exposed and the time is delayed, the stock price will definitely skyrocket.

Before directly approaching the Moet, Hennessy, and Vuitton family, Xia Yu must first make sufficient preparations to win a blow.

...

In the afternoon of the same day, Le Mir replied to Leo Martin, and the two sides began negotiations the next morning.

After all, the Bright Fund and BNP Paribas are not just cooperating, and Le Mire is not short-sighted, so he set a tone for his subordinates.

In order to succeed as soon as possible, Xia Yu did not save money, so the acquisition team of the Bright Fund offered a very good price.

After two negotiations, the first cooperation was reached quickly.

The 12.4% equity of Moët Hennessy Wine Group held by BNP Paribas was transferred at a price of 928 million francs, a 28% premium.

The 21.4% equity of the Louis Vuitton Group was transferred at a price of 523 million francs, a premium of 30%.

The total of the two acquisitions was 1.451 billion francs, which were directly deducted from the bank account of the Bright Fund by BNP Paribas.

However, for the sake of insurance and to evade supervision, the equity of the two companies is still held by BNP Paribas.

The reason for this is to take into account the current transaction regulations in the financial market in France.

According to regulations, new shareholders of a listed company are increasing their shareholding by more than 5%, 10%, 15%, 20%, 25%, 33%. At 33, 50%, 66.66%, 90% and 95%, the holding company and the financial market supervisory agency shall be notified.

But if it is an old shareholder who trades equity through cash, the related transaction does not need to be disclosed, and the shareholding situation does not need to be disclosed to the exchange within half a month.

As long as this rule is abided by, Xia Yu can acquire as much equity as possible outside the stock market Of course, the premise is to have enough cash.

In order to mobilize the enthusiasm of BNP Paribas, but also to allow them to buy with peace of mind.

Less than three hours after the first cooperative transaction of 1.451 billion francs was drawn, another 3 billion francs were transferred to the bank account of the Bright Fund.

As long as BNP Paribas acquires an equity, it can transfer the money to the bank’s own account in advance for transaction payment. You don’t need to use BNP Paribas’ money, you only need to post the account, and after each acquisition is completed , The bank can get the corresponding commission directly.

It can be said that Xia Yu also took a lot of thought in order to make BNP Paribas contribute as much as possible.

As the second largest bank in France and the fourth largest in the world, BNP Paribas’ influence is not overshadowed.

When they fully mobilized resources, the acquisition offensive is simply broken.

In just one week, the shares of the two groups held by other banks were acquired.

Among them, the Moët Hennessy Wine Group's total of 24.4% of the equity was divided into four times, and a total of 1.932 million francs was spent, including the 92 million francs commission of the National Bank of Paris.

Then, the three shareholders of the Louis Vuitton Group totaled 21.4% of the equity and spent 504,07 million francs, and BNP Paribas earned a commission of 25.7 million francs.

Although it is equivalent to paying more than 26 million US dollars in commission, in Xia Yu's view, the efficiency and results are indeed worthwhile.

The first stage mission was completed perfectly!

The Bright Fund has more than one billion francs remaining in the bank account of BNP Paribas, and most of this money has to be spent!

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