v3 Chapter 1094： Lure

This morning, Xia Yu was eating breakfast at home, and looked at the resume on the desktop on the left hand side from time to time.

This resume was faxed from London early this morning. It is the resume of Peter Monroe, the 26th Governor of Hong Kong who was just appointed to replace MacLehose by the British government yesterday.

Yes, the twenty-sixth Governor of Xiangjiang was not Youde in the past life, but another person appeared.

Xia Yu is certain that this is affected by his butterfly effect.

If nothing else, the new Governor of Hong Kong will arrive in Hong Kong on May 20 this year to succeed MacLehose and formally perform his duties.

It is only January 6, 1982, and there are more than five months left.

In the resume, Peter Monroe’s life experience and basic information are clearly written.

Peter Monroe was born in 1925. He is 57 years old this year. He has 32 years of diplomatic experience. He is an experienced diplomat. Apart from the diplomat who has served in North Africa for nearly ten years, he has 20 The two years were spent in Asia.

One of the experiences that attracted Xia Yu's attention was that from 1958 to 1964, Peter Monroe served as an official in the Auxiliary Department when he was governor of Hong Kong at Berriqui.

At the end of the resume, there is an analysis of his personality traits. The most obvious one is that this person is not a nationalist, has no obvious pro-China stance, nor anti-China stance...

"Hehe, Margaret Thatcher still considered instability."

"It's not Yode, then it's up to Argentina to do nothing."

"I'm making a lot of noise in France, maybe this old woman has to worry..."

...

After breakfast, Xia Yu drove to the company.

After arriving at the company, immediately convened the acquisition team for a meeting, first to understand the latest situation, and then assign tasks to start action.

After all, the Louis Vuitton Group is a non-listed company. Although the board of directors has been re-elected, the Bright Fund only holds 58.8% of the shares and cannot fully control the board of directors.

Generally speaking, for private placement and company merger proposals of non-listed companies, the board of directors proposes to agree more than half, but this is only a general situation.

The Vuitton family has introduced investors in the past. In order to keep the family's control of the Louis Vuitton Group, they have amended the company's articles of association. Major matters like these require more than two-thirds of the voting rights to pass.

Non-listed companies also do not stipulate that one-third of independent directors must be established, and the Louis Vuitton Group does not, so the voting rights of the board of directors are basically equal to the shareholders' meeting.

According to the articles of association of the Louis Vuitton Group of Companies, private placement requires two-thirds of the board of directors' approval before it can be approved. Therefore, Xia Yu cannot dilute the Vuitton family's equity through private placement. Nor can it forcefully push the Louis Vuitton Group to merge with the Moet Hennessy Wine Group.

Since formal business methods cannot be used, use the weakness of human nature!

There are two final resolutions at the meeting. One is Leo Martin, who is responsible for the private placement of the Moet Hennessy Wine Group to dilute the equity of the Hennessy family.

Moreover, in order to retaliate against the Hennessy family, the private placement is not based on the previous high market value of close to 6 billion francs of the Moët Hennessy Wine Group. It is based on the asset situation and the actual asset is 2.1 billion francs. With a capital of 1 billion francs, the only target designated for the additional issuance is the Bright Fund.

As long as the private placement is implemented, the shareholding ratio of the Hennessy family will drop from 17.5% to 11.85%, and the shareholding ratio of Bright Fund will increase to 88.15%. .

The Hennessy family will lose more than 210 million francs!

The second decision was for Xia Yu to personally meet with Henry Ligamir, president of the Louis Vuitton Group.

Everything varies from person to person.

If you want to talk about dreams with Alain Chevalier, you need to use real benefits with Henry Ligamir!

...

After three o'clock in the afternoon, it was the restaurant near the Champs-Elysées where Alain Chevalier met last time.

Xia Yu met Henry Ligamir, a gentleman with golden curly hair and gold-rimmed glasses on his face.

After a brief greeting, Xia Yu praised his achievements and dedication in the Louis Vuitton Group. When he was happy, he suddenly talked about the weaknesses of the Louis Vuitton Group.

"Mr. Henry Rigamer, although the Louis Vuitton Group is well-known all over the world, but limited by capital, the current market share of luggage is not particularly high."

"Moreover, compared with other companies, the business of the Louis Vuitton Group is limited to the luggage field. The border between the fashion and boutique markets is very wide. How long does it take for the Louis Vuitton Group to expand its business?"

Faced with the problem suddenly raised by Xia Yu, a major shareholder, Henry Riga Milton was speechless.

Just as he struggled to think about how to answer Xia Yu's question.

Xia Yu smiled again and said: "Mr. Henry Rigamir, to start a business from scratch, it not only takes a long time, but also requires a huge amount of capital. If the Louis Vuitton Group can be combined with a powerful large company Merger, then with the resources of another company, the effect will be 1+1>2, what do you think?"

This time, if Henry Rigamer did not understand Xia Yu's purpose, he would not be qualified to be president.

What's more, during this period of time, the Bright Fund was in the limelight, having just privatized the wine giant Moët Hennessy Wine Group.

Isn't Xia Yu intending to promote the merger of Moet Hennessy Wine Group and Louis Vuitton Group?

With this guess, he forced a stiff smile and asked: "Mr. Xia, which company do you want to merge with the Louis Vuitton Group?"

Xia Yu smiled and spit out a name: "Moet Hennessy Wine Group."

It really is!

After the conjecture was verified, Henry Rigamer’s smile disappeared completely, and he said embarrassedly: “Mr. Xia, the influence of the Moet Hennessy Wine Group is in the wine market, while the Louis Vuitton Group is in the luggage market. The merger of the two companies will not be able to share resources, and it will not produce enough benefits for the Louis Vuitton Group."

The reason is so, but in fact it is because the Moet Hennessy Wine Group is too large.

At the time of listing, the market value of Moet Hennessy Wine Group reached more than 5.85 billion francs.

And what about the Louis Vuitton Group?

No one killed two billion francs.

If the two companies merge, the Vuitton family’s shareholding ratio will drop by three-quarters to about 10%.

Without a veto, the Vuitton family will lose the ability to protect themselves.

And his position as the president of the Louis Vuitton Group is estimated to be lost.

So whether it is for the benefit of the Vuitton family or for his personal benefit, he will not agree.

The company's long-term interests are not linked to his interests, and he has no need or reason to agree to Xia Yu's proposal.

Xia Yu shook his head slightly and retorted: "Mr. Henry Rigamer, although the main consumers of wine are men and the main consumers of luggage are women, they are mainly aimed at mid- to high-end customer groups, and some of them are connected."

But Xia Yu didn't want to argue too much in this regard.

He didn't wait for Henry Rigamer to express his opinion, and suddenly asked a question that didn't cross the border.

"Mr. Henry Ligamill, I know that you are the son-in-law of the Vuitton family. You have served the Vuitton family for so many years. How do they treat you?"

Henry Rigamer's expression stagnated, then returned to normal, and said vaguely: "The treatment is not bad."

Xia Yu smiled faintly and said to himself: "I know that the salary is not bad, but although your wife belongs to the Vuitton family, the equity of this company has nothing to do with you, your wife and son."

"Don't you want to leave something for your children? For example, company equity?"

Henry Rigamer shook his heart, his mouth squirmed, but he could not say anything to deny.

Because Xia Yu's words came to his heart.

Although he is Henry Vuitton’s son-in-law, he does not have any equity in the company, and because there are many members of the Vuitton family, his wife has five brothers, and the way of inheriting the assets of the Vuitton family is also special. , It is destined that his children are not eligible to inherit part of the assets of the Louis Vuitton Group.

But Xia Yu, the current major shareholder of the Louis Vuitton Group, suddenly told him about this. How could he not understand? His heart started to move around The temptation is too big!

There is a fundamental difference between working for others and becoming a shareholder yourself!

Henry Rigamer was right to be silent!

This means that he is really moved.

Xia Yu didn’t waste any time either. He glanced around and made sure that no one was around. He actually told Henry Rigamer some high-sounding words to convince him: "Mr. Henry Rigamer, Louis Vuitton The merger between the Group and Moet Hennessy Wine Group is a strong alliance that will create greater value."

"Even if the equity ratio of the Vuitton family is reduced after the merger, the future price potential will actually be higher. How can the luggage market compare to the wine and luxury goods market?"

"You don't have to waste energy from the Vuitton family, and you can get greater benefits. The benefits to them far outweigh the disadvantages. The only disadvantage is the loss of management rights. But have they handed over the management rights to you soon? "

Then Xia Yu immediately threw out the most intuitive benefit: "If you can facilitate the Vuitton family to agree to the merger, then I will give you enough reward."

"And the two companies are just resource integration. In fact, they are both subsidiaries of the parent company. After your ability has been proven, I will appoint you as the president of the Vuitton Group."

"What do you think?"

Henry Ligamir was shocked, and these words of Xia Yu repeated in his mind.

For a long time, his personal interests overwhelmed the interests of the Vuitton family.

He is also certain about persuading the Vuitton family to agree to the merger, so he can give it a try!

He took a deep breath, looked at Xia Yu who was smiling, and said, "Mr. Xia, how much can you give me?"

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