Chapter 1596: What a Big Pit
Michael Lehman paused for a moment, then said, "By the way, there's another thing I think needs to tell you." ”
"Oh, what's the matter?"
"The current generation of the Porsche family wants us to support him in his acquisition of Wolfsburg. ”
"What?!"
Chen Geng was serious, he looked at Michael Lehman with an incredulous expression: "What does he want, what can he give in return?"
"First of all, financial support," says Michael Lehman, "he wants us to form a consortium of banks that will provide the Porsche Family Foundation with a credit line of no less than $10 billion for the acquisition of Wolfsburg cars; to lobby the European Union to overturn the Wolfsburg Motor Company Act. ”
"On the one hand, it is financial support, and on the other hand, it is to use the United States to put pressure on the European Union, right?" Chen Geng easily understood what Wolfgang Porsche meant, and nodded: "What about the return? is the benefit in these fluctuations?"
Porsche wants to forcibly acquire Wolfsburg automobiles, even if the current Wolfsburg automobiles are far from being comparable with the Wolfsburg automobiles that once entered the Chinese market and once accounted for 3% of the entire German GDP by virtue of the blood transfusion of the Chinese market, it is still the largest automobile enterprise group in Germany.
Then it is conceivable how much volatility the market will have when the Porsche family acquires such a behemoth, and how much benefit it will bring in this fluctuation!
Chen Geng remembers very well that after Porsche officially revealed their intention to acquire Wolfsburg Motors, in just over a month, the stock price of Wolfsburg Automobiles' ordinary tradable shares with voting rights soared from about 30 euros in the United States to more than 270 euros!
The share price of ordinary shares without voting rights is still hovering around 40 euros, so that an inevitable situation is presented: after the Porsche family acquires an absolute controlling stake in Wolfsburg, the share price of ordinary shares will inevitably fall to around its original value, which is around 30 euros per share.
In this way, a fool would operate a money-making method appeared: first short the stock of Wolfsburg Motors, push up the share price of Wolfsburg Motors common stock as much as possible, then sell the common shares with voting rights when the price is high, and then buy the preferred shares without voting rights at the low price.
In this way, when the Porsche family completes the acquisition of Wolfsburg Cars, it means that the value of the voting common shares and the non-voting preferred shares will be close again, and at this time, the capital can benefit from both sides.
Michael Lehman said with a smile: "When two whales are fighting in the sea, it is definitely not only these two whales that will be affected, but also the surrounding sharks, large and small fish schools, and for us fishing boats, this is the best time for us to carry out fishing operations." ”
Chen Geng nodded, but did not speak.
Michael Lehman already understood what he meant, that is, he hoped that he would give up the idea of holding a stake in Wolfsburg Cars, and instead make a lot of money in this Porsche family's forcible acquisition of Wolfsburg Cars.
But Chen Geng knew the results of this acquisition, and in the end, under the influence of the economic crisis, the Porsche family, which had completed 99% of the acquisition process, was countered by Ferdinand Piëch, and turned around and reversed the acquisition of Porsche......
What?!
Thinking of this, Chen Geng's expression suddenly became serious.
"What's wrong?"
Seeing Chen Geng's expression suddenly becoming serious, Michael Lehman was also taken aback.
Although he didn't know what Chen Geng had thought, seeing Chen Geng's sudden change of color, Michael Lehman knew that this guy must have thought of something, and it seemed to be a terrifying thing.
"In addition to your Lehman brothers, who else did the Porsche family send a request for funds?" Chen Geng asked Michael Lehman with a serious face: "You'd better not hide it, it's very important!"
Is it important?
Why don't I see what's important?
But I didn't see it, I didn't see it, Chen Geng's suddenly unusually serious expression really scared Michael Lehman, and he couldn't help licking his lips: "In addition to our Lehman Brothers, there are Deutsche Bank, Merrill Lynch and Bear Stearns ......."
Speaking of this, Michael Lehman's expression suddenly froze, and then slowly became frightened.
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PS: Sorry brothers, please wait a few minutes.
Michael Lehman already understood what he meant, that is, he hoped that he would give up the idea of holding a stake in Wolfsburg Cars, and instead make a lot of money in this Porsche family's forcible acquisition of Wolfsburg Cars.
But Chen Geng knew the results of this acquisition, and in the end, under the influence of the economic crisis, the Porsche family, which had completed 99% of the acquisition process, was countered by Ferdinand Piëch, and turned around and reversed the acquisition of Porsche......
What?!
Thinking of this, Chen Geng's expression suddenly became serious.
"What's wrong?"
Seeing Chen Geng's expression suddenly becoming serious, Michael Lehman was also taken aback.
Although he didn't know what Chen Geng had thought, seeing Chen Geng's sudden change of color, Michael Lehman knew that this guy must have thought of something, and it seemed to be a terrifying thing.
"In addition to your Lehman brothers, who else did the Porsche family send a request for funds?" Chen Geng asked Michael Lehman with a serious face: "You'd better not hide it, it's very important!"
Is it important?
Why don't I see what's important?
But I didn't see it, I didn't see it, Chen Geng's suddenly unusually serious expression really scared Michael Lehman, and he couldn't help licking his lips: "In addition to our Lehman Brothers, there are Deutsche Bank, Merrill Lynch and Bear Stearns ......."