Chapter 673 Became the owner of Penguin Publishing Group
Relying on the good ability of "eating soft rice", through the busy work of Princess Diana's sisters and brothers, Su Chenyu can "proudly" announce that he has basically completed the Penguin Publishing Group.
After Charles Spencer got George Wren, Su Chenyu could use the hands of this cheap brother-in-law to pocket the 23% stake of the Wren family. In addition, the most crucial thing is that Princess Diana received a 14.9% stake in Penguin Publishing Group, which has been popular for a long time, from Gerard Grana, Duke of Westminster.
As a result, Su Chenyu's stake in Penguin Publishing Group will reach 38%, officially surpassing Pearson's 35.4% and becoming the largest shareholder of Penguin Publishing Group.
Although he has become the largest shareholder of Penguin Publishing Group, 38% of the shares are far from enough for Su Chenyu, he wants absolute control, and does not give Pearson Group even a chance to turn over.
Since it has been done, then it must be done absolutely, and there will be absolutely no chance left for Pearson.
Therefore, when Su Chenyu's vest funds were frantically sweeping the goods, there was also good news from the United States - Time Warner Group agreed to sell its 5.4% stake in Penguin Publishing Group to Amex Bank.
Amex Bank is a wholly-owned subsidiary of Standard Chartered-Mitsui Sumitomo Bank, so it is clear that Su Dashao has more than 43% of the shares of Penguin Publishing Group. Next, as long as his vest funds are powerful enough, and only less than 7% of the shares, Su Chenyu can completely control Penguin Publishing Group - kicking Pearson Group off the "throne" of chairman.
There is no doubt that the vest funds did not disappoint their big bosses, besides, what is Su Chenyu good at? Isn't it when a "barbarian" buys shares in other companies?
This time, it is no exception, Su Chenyu's vest funds have done quite beautifully, and through repeated sweeping during this period of time, they have eaten enough shares from retail investors and large investors.
So, it's time to show off the real technology!
Su Chenyu wanted the editors of Pearson Group and Penguin Publishing Group to kneel down and sing "Conquest" to him this time.
Without warning, the "notorious" Tianchen Fund announced on the London Stock Exchange that it had acquired a 7.8% stake in Penguin Publishing Group from the secondary market.
Rumble......
The London Stock Exchange exploded directly, and no one expected that the Tianchen Foundation would suddenly make a move against the Penguin Publishing Group, and the two seemed to have nothing to do with each other, right? Could it be that the publishing industry is going to become a hot industry recently, otherwise why would the Tianchen Fund suddenly make such a big thunderbolt quietly?
So, all of a sudden, the entire London financial community was speculating about the fundamental purpose of this powerful capital force entering the Penguin Publishing Group? Many people wanted to get a piece of the pie.
After all, all the investment acquisitions of Tianchen Fund in recent years seem to have never failed, which is quite scary.
From the acquisition of MGM to enter the film industry, to the acquisition of loss-making Sky TV to enter the media industry, and then to the acquisition of Manchester United Football Club to enter the football industry...... Tianchen Fund's unexpected moves step after step can finally achieve jaw-dropping and rich gains.
MGM has become Hollywood's No. 1 film media company under the Tianchen Fund; Sky TV has come back to life under the operation of the Tianchen Fund, turning losses into profits in one fell swoop; and creating incredible performance profits; as for the most inconspicuous Manchester United club, this guy has won the Premier League twice in a row.
Looking at every move of Tianchen Fund, it seems that at first glance it is not very clever, and some of them are even dead, but after a period of time, I look back and look back - I am in the groove, and it has become a "stroke of genius".
This time, Tianchen Fund announced the acquisition of the shares of Penguin Publishing Group in such a high-profile manner, and it was as much as 7.8% as soon as it was sold, is the publishing industry or Penguin Publishing Group about to usher in spring?
Isn't it okay to drink some soup with you?
However, this doesn't seem to be the style of Tianchen Fund? You know, every time Tianchen Fund made a move before, it was all a direct acquisition of 100% of the shares and turned it into a wholly-owned subsidiary.
However, this time it only acquired 7.8% of the shares, which seems to be a little wrong with the style of painting?
After announcing to the market that it had acquired 7.8% of the shares of Penguin Publishing Group, everyone's YY was not over, and Tianchen Fund issued an announcement again, announcing the implementation of a comprehensive acquisition of Penguin Publishing Group, and sent an acquisition invitation to the controlling shareholder Pearson Group.
Seeing this announcement of the Tianchen Fund, everyone smiled slightly, this is right! This is the correct way to open the Tianchen Fund.
But in this way, Pearson Group is not calm, they have not heard of the bad nature of Tianchen Fund, to put it bluntly, this guy is a "robber" + "barbarian".
Yes, the companies that Tianchen Fund fancied or selected finally achieved a big counterattack and became a golden rooster that can lay golden eggs. But no matter how well the company develops, it has nothing to do with the original shareholders, because Tianchen Fund is basically trying to get everyone out of the company - its own family eats "alone".
This time, since Tianchen Fund wants to acquire Penguin Publishing Group, there is no doubt that it will definitely go the same way. In this case, Pearson, the controlling shareholder, is likely to become a victim of the other party's success again, so Pearson immediately took action.
In order to prevent the "barbarians" from successfully usurping power, the best and only way for Pearson is to increase its stake, preferably more than 50%, so that it can sit firmly in the Diaoyutai.
So, Pearson immediately thought of the 14.9% stake in the hands of Gerard Granner, Duke of Westminster VI. Because, as long as Pearson Group takes this 14.9% of the shares, the shares they control will suddenly exceed 50%, and they can steadily suppress the intrusion of Tianchen Fund.
As for the acquisition of George Wren's 23.3% stake, hehe, Pearson Group has never thought about it, and it is definitely impossible to know without thinking about it. No way, in order to prevent the restoration of the Wren family in recent years, Pearson Group has really suppressed George Wren a little miserably, and finally even kicked him out of the management directly.
Therefore, at the moment when Tianchen Fund announced that it would fully acquire Penguin Publishing Group, Pearson Group estimated that George Wren was expected to defect, which is why they were so anxious to take the shares of Duke of Westminster VI Surgery.
As it turned out, Pearson's guesses were all correct!
Before they could take action, Tianchen Fund announced that it had reached an acquisition agreement with George Wren to eat 23% of the other party's shares at a premium of 20% - so far, the shares of Penguin Publishing Group in the hands of Tianchen Fund soared to 30.8%.
This time, Pearson Group is even more anxious, because the position of their major shareholder is in jeopardy, so Pearson Group is seeking to buy shares from the Duke of Westminster VI, while also frantically "grabbing goods" in the secondary market.
Not to mention, it really made Pearson Group successful, and successfully increased its stake to 37% - a breath of relief for the time being!
However, it turned out that it didn't work!
Because, Tianchen Fund once again announced that it had reached an agreement with Time Warner Group to acquire 5.4% of its shares, successfully pushing its shares to 36.2%.
I wiped it, and the Pearson Group, which had just breathed a sigh of relief, was so frightened that it almost didn't catch its breath.
There is only a 0.8% gap, which is not a gap at all, as long as Tianchen Fund makes a little effort, Pearson Group will be kicked off the leadership position of the controlling major shareholder, so that the "barbarian" can successfully ascend to the position.
Therefore, Pearson has given a death order that in order to keep Penguin Publishing Group, it must take the 14.9% stake in the Duke of Westminster.
Unfortunately, God is often so cruel!
Pearson Group hasn't started to act yet, it's already over there!
Because, Tianchen Fund announced again - reached an acquisition agreement with the Duke of Westminster, successfully eating 14.9% of its shares - the most important thing is that in this way, Tianchen Fund's shares in Penguin Publishing Group will officially exceed 50%.
Finished Bird, Finished Bird!
Pearson Group was directly stunned, the general trend has gone, and it is estimated that it will not be long before Tianchen Fund will have to "catch people".
Well, it turns out, it does!
The day after Tianchen Fund announced that it had taken the shares of the Duke of Westminster and successfully controlled Penguin Publishing Group, Tianchen Fund asked Penguin Publishing Group to hold a general meeting of shareholders to re-elect the board of directors.
There is no need to ask, the bright butcher's knife of Tianchen Fund has already been revealed, and it is about to be cut down.
On the day of the Penguin Publishing Group's shareholders' meeting, an unexpected person appeared on the scene, which really surprised many people - he was Charles Spencer, the younger brother of Princess Diana.
No one thought that what was this Earl doing here? It didn't seem to have anything to do with him, did it?
It turned out that this Lord Charles Spencer came with a "chicken feather order", because he was the plenipotentiary representative of Tianchen Fund and the next chairman of the board of directors of Penguin Publishing Group.
Yes, this time Charles Spencer, the "cheap brother-in-law", was pushed out by Su Chenyu to be the "backstabber", but it seems that there is nothing wrong with this "backstabber", the chairman of the board of directors of Penguin Publishing Group is a good thing for fame and fortune.
The entire shareholders' meeting was held in an extremely strange atmosphere, and the people of Pearson Group had gloomy faces, while the people of Tianchen Fund, led by Charles Spencer, were smiling. Nothing came of it, and Charles Spencer was elected as the new chairman of the Penguin Publishing Group.
At this point, Su Chenyu's revenge can finally come to a perfect end.
However, no one expected that things would take a different turn......
PS: It's too late today, I can only change it!