Chapter 1093: Easily Beating the Hennessy Family (First Update)

Two flowers, one on each branch......

"Boss, I'm sorry, I didn't get my business done!"

"In the conference room of Moët Hennessy, Gilles Hennessy was very resolute and counter-threatened us, and he was likely to report our ...... to the SFC"

After returning to the company, Leo Martin immediately reported the situation to Xia Yu and told everything that happened in detail.

Because Leo Martin returned to the company after Jill Hennessy left on the front foot, Gil Hennessy has not yet completed the report.

However, based on the attitude of Gil Hennessy in the conference room, Leo Martin seriously doubted that Gil Hennessy would do so.

So he came to report the situation to Xia Yu in advance so that he could get a good shot.

After listening to the report, an inexplicable smile appeared on the corner of Xia Yu's mouth, and he said to himself in a somewhat mocking tone: "Threat? report?"

"Hehe......"

Leo Martin remained silent, waiting for Xia Yu's instructions.

After Xia Yu smiled, he said to Leo Martin: "Since Jill Hennessy chooses to resist, then there is no need to ask him to buy it again." ”

"If you choose confrontation, you will pay the price!"

"If the SFC accepts the report, will you be able to deal with it as soon as possible?"

Leo Martin thought for a moment, nodded heavily, and said, "I can handle it!"

"Yes, then leave it to you to deal with, if you can't do it, you must let me know as soon as possible!" Xia Yu added.

"Okay!"

......

Less than half an hour after Leo Martin left.

Gil Hennessy's report to the Securities and Futures Commission finally happened, and the news went viral, and Leo Martin reported to Xia Yu as soon as he got the news.

Xia Yu didn't say much, just asked Leo Martin to deal with it as soon as possible, and sent him away.

But in fact, Jill Hennessy's struggle still made Xia Yu feel uncomfortable.

This operation was named "Blitzkrieg", and speed was a very important indicator.

Although he was confident that he would kill Gil Hennessy, being tossed by the latter would eventually cause him some trouble, which would delay a certain amount of time and affect the progress of his plan.

So Jill Hennessy must pay enough!

Now because Moët Hennessy Wine Group is a listed company, he is still subject to some restrictions, and after the company is delisted, he must definitely clean up the Hennessy family!

......

The progress of the CSRC's audit and investigation of Moët Hennessy will have a direct impact on whether the EGM and the subsequent EGM can be held as soon as possible.

To this end, Leo Martin mobilized his contacts to push for the investigation to be concluded as soon as possible, and he was also very cooperative with the investigation team.

He also followed George Berkeley to support François Mitterrand in the election, and as a representative of the big donors, Leo Martin knew many high-level government officials.

Moreover, in the capital market, although the Hennessy family has a certain influence because the company has been listed, it is destined to be inferior to the professional account of Bright Fund.

In terms of public opinion, Gil Hennessy invited the media, hoping to make a big deal and win the sympathy of the society, so as to put pressure on the authorities.

But he underestimated the Bright Fund's control over the media sector.

Therefore, when many evening newspapers were published in the evening, public opinion did not turn to his side, but the focus of the comment was: "As a large-scale professional financial institution, will Guangming Fund make such a low-level mistake?"

By the next morning, the situation was even more apparent.

Le Figaro, the best-selling newspaper in France, also reported on the incident and analyzed it in detail from an impartial and objective point of view.

The lengthy analysis, which included several measures that could take a 70% stake in a very short period of time, was difficult to implement, but it also proved that Bright Fund's 70% stake in Moët Hennessy was likely to be in compliance.

Then he analyzed the position and motivation of Jill Hennessy's report, and analyzed a series of past increases in Jill Hennessy's holdings, showing that he had ideas about the control of the company, and this time there was no clear evidence for the report, but it was only reported as a shareholder, and it was very likely that he was unwilling, and what kind of punishment would be possible for failure.

After reading the Le Figaro report, many readers have a gloomy impression of Gilles Hennessy in their minds, and at the same time they are looking forward to the results of the SFC's review of the matter.

They want to know whether the entire acquisition process of Bright Fund is legal, and if so, how did they achieve this level!

The attention of public opinion has forced the Paris Securities Regulatory Commission to speed up the review and investigation.

In particular, the person in charge of the Securities and Futures Commission is a member of the French Socialist Party, and after receiving a notice from a special internal channel, he knows better what to do.

Bright Fund is reliable for its own people!!

With this call, even if the Bright Fund has some violations, the CSRC may help it cover up the past.

Not to mention that Xia Yu acted steadily, and there was no trace of irregularities on paper during the entire acquisition process.

The SFC has unprecedented efficiency!

So efficient that it will surprise the outside world!

Only 29 hours have passed since the report was received and the situation was clarified!

After the stock market closed in the afternoon, but before the CSRC got off work, the CSRC announced the entire investigation results and conclusions, and replied the results to the whistleblower Jill Hennessy and the whistleblower Bright Fund.

When he saw the conclusion that "your report is untrue, and the acquisition process of Bright Fund is legal and compliant", Jill Hennessy looked incredulous.

Immediately afterwards, when he saw the administrative punishment imposed by the Securities Regulatory Commission on his false reporting behavior attached to the back, the whole popularity almost vomited blood.

After calming down, regret rose in Gilles Hennessy's heart.

But no one is destined to sympathize with him, a "clown who can't afford to lose"!

When the results were reported by the newspapers of the French Spiegel Group early the next morning, Gilles Hennessy became a clown in the eyes of readers, but the name of the Bright Fund resounded in France, and the subsequent positive effects will continue to be shown......

Time passed quickly, and in the blink of an eye, it was the day of the extraordinary shareholders' meeting of Moët Hennessy Wine Group.

When the extraordinary general meeting was held, Jill Hennessy did not have the face to come, so he sent another family member to replace him, mainly to know the specific situation.

As for the revolt?

Inexistent!

I can't resist either!

Seventy percent of the equity held by Bright Fund and higher voting rights are enough to control everything!

The extraordinary general meeting of shareholders became the hall of the Bright Fund, and the company's board of directors was re-elected, and the vast majority of seats were owned by the Bright Fund.

Immediately after that, an interim board of directors was convened, and the board of directors was naturally controlled by the Bright Fund.

The meeting elected Alain Chevalier as Chairman of the Board of Directors and appointed as Chief Executive Officer.

The vice chairman was set up, and the position of vice chairman, which had belonged to Gil Hennessy, was abolished.

The representatives of the Hennessy family kept their faces black all the time, until they watched the meeting vote on the company's delisting and privatization resolution.

After the conclusion of the Board of Directors, Alain Cheva Flame, in his capacity as Chairman of Moët Hennessy Group, submitted an application to the Paris Stock Exchange for a delisting and privatization at a price of 250 francs per share, slightly higher than the company's real-time share price before the suspension of trading.

Fortunately, Bright Fund first asked the company to apply for a suspension of trading on the grounds of insufficient tradable shares in advance, otherwise as soon as this delisting repurchase announcement came out, the repurchase price would definitely exceed 300 francs.

Like now, two hundred and fifty francs per share, only a few francs have been made, which is equivalent to no premium.

Although many investors are unwilling, the operation of the Bright Fund meets the regulations, and they can only admit it.

According to the resolution of the board of directors, the share repurchase of the privatization of the company was designated to be carried out by the Bright Fund, and the Hennessy family had no right to intervene.

As a result, Jill Hennessy could only watch as Bright Fund continued to acquire the remaining institutional and retail shares.

Until...... The shareholding ratio of Bright Fund is as high as 82.5%!

When he learned that the share buyback was announced, Jill Hennessy, who had been paying close attention to the news, subconsciously became nervous.

If there are no accidents, the Bright Fund will take action against them next!