Chapter 0284 - The Big Names in the Hand
On December 31, at nearly seven o'clock in the evening, French time, the main study of the first family's large estate outside Paris.
The old man said, "What is the relationship between Mr. Bartlet's and this Miss Ferdinand now?"
Skimming through the papers, Ron said, "They kept in touch and quarreled a lot, but most of what Mr. Bartlet's group needed, Miss Ferdinand's group, provided. The relationship between the two of them may not be as bad as outsiders seem. ”
"Most of them?" the old man asked, "Judging from more than half of the information, she can't get rid of the Good Mood Foundation, right?"
"It should be. Miss Ferdinand may be very capable, but I don't think she alone can put together such a large property in ten years. "In terms of money, Miss Ferdinand is much closer to the Good Mood Consortium than to Mr. Bartlet." ”
Looking at the time, the old man smiled and said, "Tell me a little bit, let me see what cards this Miss Anne Ferdinand has in her hand." ”
"The biggest name is Degu Oil. Ron laughed.
"I remember that in '84 it sabotaged the Pengze Petroleum Company's merger with Gedi Petroleum Company, acquired the Gedi Company at a high price, and then it was sued by Pengze Company and finally fined 10 billion dollars. Later, after several efforts, the court still upheld the original verdict, so it went bankrupt in '87. Its shareholders sold all of its property to Caldus Oil. The old man asked, "Why is it still there?"
"Degu now has less than a billion dollars in total assets, but it's still there. Ron laughed, and continued, "Miss Ferdinand took over the Degu Oil Company, which had total assets of $34.5 billion at the time, for $10 billion in cash and $25 billion in debt. The guarantor was one of the top ten banks in the United States at the time, and the money had already been paid off at the beginning of '93. When Miss Ferdinand took over, she handed over most of the business of Degu to the Cardus Oil Company, which now focused on buying land for exploration and then selling it to the Cardus Company. ”
"I see, I was very strange at the time, the Gardshi Company was built by Degu Company and the Xuefeilong Company, how could the Jiadeshi Company buy the Degu Company, I thought that the Xuefeilong Company was behind, and the Gardshi Company has always been counted in the name of the Xuefeilong Company, and now it seems that our information is completely wrong. The old man said, "In doing this, Degu Company has unilaterally made additional investment, or has it injected more than $30 billion at once." With the company's total assets of less than $60 billion at the time, it was impossible for it to add so much money at once. The company has not been listed and does not know the specific financial situation, but before and after the acceptance of the industry, I have people estimated that the total assets of the company were less than $20 billion, and the total assets of the company were more than $50 billion. In other words, Degu holds about 85 percent of the shares of Gardsch. This year, experts estimate that the total assets of Gardsea have exceeded 100 billion, which is indeed a big name. ”
"Not only that," said Ron, looking at the papers, "Miss Ferdinand, who has been using the money earned by the Gards to buy shares in the Shephelons on dips in the market, and now owns about fifteen percent of its shares. I think it's only a matter of time before Degu acquires Seferon. ”
"I see, the scale of the Degu company is small, and the burden is small, so she handed over the business to the Gardshi company, let the Gardshi company compete with the Chefalon company, and she used the money earned by the Gardus company to buy the shares of the Chefalon company. This Miss Ferdinand really dared to bet, and she was not afraid that the seventy percent profit was not as high as the profit of the Shephero company. However, the company also has to distribute the profits to the shareholders, including Miss Ferdinand, and with the support of the Good Mood Foundation, Miss Ferdinand is already invincible. The old man smiled, "After they merge, the ranking of the world's top ten oil companies will not be able to run, and this card is indeed big enough." ”
Ron looked at the documents and said, "There are three cards in the second largest card, the first card is the British Will Steel Company, which was originally a state-owned steel company, which was publicly offered in '88 and completely acquired by Miss Ferdinand in '94. ”
"I thought the top five steel companies in the UK steel industry would be in first place. The old man smiled, "I didn't expect to be ranked second." ”
"The second card is the Sith department store. In '86, it had problems with its operations, and in '92, it sold its headquarters building in Chicago, the Besta Building. Ron looked at the papers and said, "Miss Ferdinand not only bought the Sista House, but now owns seventy percent of the shares in the Sith Department Store. ”
"I remember that in the past, ninety-one years ago, Miss Ferdinand held only about 15 percent of the shares in the Sith Department Store, and then the Sith family sold the headquarters building to Miss Ferdinand for four billion dollars under the pretext of losing money, and used the money to buy back 10 percent of the shares in the market, increasing their stake to about 25 percent. This state of affairs continued until July of this year," the old man asked, "and what is going on now?"
"Didn't I say in the previous information that in '91, the performance of the Sith department store declined, and some shareholders wanted to split the Sith company and sell the financial services business of the Sith company, but at the annual meeting in '92, this proposal was not passed, because Miss Ferdinand was on the side of the Sith family, and this was exchanged for the headquarters building by the Sith family. Ron looked at the information and said, " At this year's annual meeting they brought it up again, and Miss Ferdinand bought eleven percent of the shares on the spot from some of the small shareholders at a price of forty dollars per share, or thirty-five dollars above the market price, so that she and the Sith family had more than half of the shares combined, and then borrowed three billion dollars from various banks in the form of debt, and had them bought in the market and at the meeting of the year, in order to raise the price at a maximum of $70 a share, and to lower the price to a minimum of $37 a share. In the end, Miss Ferdinand had seventy percent of the shares in the Sith department store. ”
"I see. The old man asked, "But what did she like about the Sith Department Store......?"