Chapter 1088 is like a bamboo

Headquarters of the National Bank of Paris.

The current president, Le Mille, received Léo Martin with a warm attitude.

Bright Fund has a deep business cooperation 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 own bank, or such a large amount, can he not be enthusiastic?

"President Leo Martin, welcome to you, please be seated!"

"Is it the same coffee as last time?"

"Okay, thank you!"

......

After a pleasant exchange, Le Mill's secretary served them both steaming coffee.

Leo Martin said straight to the point: "President Le Mill, this time, I hope to reach two cooperation with BNP Paribas. ”

"As a sign of good faith, yesterday I have deposited fifteen billion francs in our company's account with BNP Paribas, I don't know if you have received any news. ”

Le Mir raised his eyebrows, then nodded with a smile and said, "I received the news this morning, and I thank you for your trust in our bank." ”

"I would also be happy to serve your company. ”

"What kind of cooperation is it?"

For banks, the most important thing is money, as long as there is money, they can use it to make money.

So Le Mill has made up his mind to eat all this money in his stomach and strengthen the strength of the National Bank of Paris.

Leo Martin took out the letter of intent from his briefcase and handed it to Lemir.

"President Le Mill, this is a letter of intent for cooperation made by our company, which contains our company's business needs, you can take a look at it first. ”

"Okay!"

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

When he first looked at the front part, his brows subconsciously furrowed, but he calmed down and continued to look down, and when he saw the back, his brows relaxed, and his heart quickly calculated.

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

After a long time, Le Mile finally put down the letter of intent to cooperate.

Leo Martin smiled and asked, "President Lemir, would you like to follow these businesses?"

LeMill smiled: "Of course, I have no reason to refuse. ”

"However, the specific negotiation requires your company to connect with our special responsible personnel. ”

Bright Fund wants to acquire the shares of Moët Hennessy and Louis Vuitton in the hands of BNP Paribas, in order to maximize the benefits, it must need a negotiation team to negotiate, and to tell the truth, as the president of the bank, he is in charge of the overall work, it is good to know that the bank owns these shares, and he can't remember so many details.

Leo Martin nodded and stated something: "President Le Mill, I hope that the first cooperation can be reached as soon as possible, and then the second cooperation will be launched. ”

"And it must be kept secret, you should be able to see that the commission we give is very high, and I am sure that no company in the whole of France will refuse this business, but we only contact your bank, and if the news leaks, it will put us in great trouble, and your profits will be lower, right?"

Leo Mir heard the underlying meaning of Leo Martin's words, and he was not annoyed, nodding his head with a serious expression and reassuring: "President Leo Martin, please rest assured that our bank will never exceed the bottom line of business, and will do its best to ensure the interests of our partners. ”

"Today I will convene a short meeting with relevant personnel, and I will call you to tell you about the situation in the afternoon, is that okay?"

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

......

Leo Martin came and went fast.

After he left, Le Mill went through the letter of intent and asked the secretary to convey some instructions.

There are two collaborations thrown out by Bright Fund, one is to acquire the equity of Moët Hennessy Group and Louis Vuitton Group held by BNP Paribas National Bank, and the second is to entrust it to help acquire the equity held by other banks and institutions in cash.

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

So BNP Paribas will make some money at most on the first partnership, and the second acquisition will be fast, and the lower the cost of the acquisition, the higher their profits.

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

After all, Louis Vuitton Group is not listed, it is good to say, Moët Hennessy Wine Group is a listed company, once the news is exposed, and the time drags on, the stock price will definitely skyrocket.

Before directly approaching the Moët family, the Hennessy family, and the Vuitton family, Xia Yu must first make sufficient preparations and strive for a successful blow.

......

In the afternoon, Le Mill replied to Léo Martin, and negotiations began the following morning.

After all, the Bright Fund and the National Bank of Paribas have not just cooperated, and Le Mile is not short-sighted, so he set the tone for his subordinates.

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

After two negotiations, the first cooperation was quickly reached.

The 12.4 per cent stake in Moët Hennessy Group, held by the National Bank of Paris, was transferred for 928 million francs, a premium of 28 per cent.

The 21.4 percent stake in the Louis Vuitton group was transferred for 523 million francs, a premium of 30 percent.

The two acquisitions, which add up to a total of 1,451 million francs, were transferred directly from the bank account of the Bright Fund by the National Bank of Paribas.

However, for the sake of insurance and to avoid supervision, the shares of the two companies are still held by the National Bank of Paris.

This was done taking into account the current trading regulations of the French financial markets.

According to the regulations, when a new shareholder of a listed company increases its shareholding by more than 5 percent, 10 percent, 15 percent, 20 percent, 25 percent, 33.33 percent, 50 percent, 66.66 percent, 90 percent, and 95 percent, it should notify the shareholding company and the financial market regulator.

However, if the old shareholder trades equity through cash, the relevant transaction does not need to be disclosed, and the shareholding does not need to be disclosed to the exchange within half a month.

As long as this rule is followed, then Xia Yu can maximize the acquisition of enough equity outside the stock market.

Of course, the premise is to have enough cash.

In order to mobilize the enthusiasm of the National Bank of Paribas and also to give them peace of mind to buy.

In less than three hours after the funds of the first joint transaction of 1,451 million francs were transferred, 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, without touching the money of BNP Paribas, only need to post it, and after each acquisition is completed, the bank can directly obtain the corresponding commission.

It can be said that in order to make the National Bank of Paris contribute as much as possible, Xia Yu also put a lot of thought into it.

As the second largest bank in France and the fourth largest in the world, BNP Paribas has no influence.

When they were mobilizing their resources in full swing, the takeover offensive was overwhelming.

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

The total cost of the 44.4 percent stake in Moët Hennessy in four tranches cost a total of 1,932 million francs, including 92 million francs of commission from the National Bank of Paris.

Then the three shareholders of the Louis Vuitton group, with a combined 21.4 percent stake, cost 54.07 million francs, from which the National Bank of Paris earned 25.7 million francs.

Although it is equivalent to paying more than $26 million in commissions, in Xia Yu's view, this efficiency and results are indeed worth it.

The first stage of the mission was perfectly accomplished!

The Bright Fund has more than a billion francs left in its account at the National Bank of Paris, and most of this money will have to be spent!

n.