"The B&P fund wants to exchange 20% of Tencent shares plus $800 million?" Yoko Sakurai was a little surprised when she received Ye Tianyi's report. Could it be that this American fund is too stupid to fail? Why take billions of dollars worth of Pangu shares for shares of a company with a market value of less than 20 billion Hong Kong dollars.

After thinking hard for a long time, she still couldn't figure it out, and she nodded and agreed on the premise that there were no hidden clauses in the relevant agreement, which did not do her any harm in controlling Pangu, and she did not use much of her own capital in the operation of one in and one out.

But then she was overwhelmed by what happened, first of all, the wave of resignations of several executives of Ant Search, including the resignation of Zhang Xiaolong, the founder and head of Foxmail, which had been approved and filed when Chen Bo was in office, and this could not be changed.

Immediately after that, Wang Xiaochuan, the chief operating officer, and Li Ziqiang, the vice president, also left, which was approved by Ant's board of directors, and she had no right to intervene under the premise that she had not yet obtained control of Ant.

The departure of several executives has caused a lot of impact within Ant Search, and other ordinary employees are speculating about what went wrong. After the founder was kicked out, it became clear that the successor was not capable of stabilizing the management of the company.

Then there is Sin Chew, the website of Ant Southeast Asia, which unknowingly completed the acquisition of the South China Morning Post, which cost as much as 1.2 billion Hong Kong dollars.

Founded at the beginning of the last century, the South China Morning Post has now been more than 100 years old and has as much influence in Southeast Asia as the Straits Times. During the colonial period, it was the mouthpiece of the British government and was issued in both Chinese and English. Later, it was acquired by Kerry Media, a subsidiary of the family of Malaysian sugar king Kwok Henian, and is the owner behind Kerry Centre and China World Trade City.

The second shareholder is Murdoch's News Corp., and the acquisition has attracted a lot of attention in Southeast Asia.

With the help of Singapore's location advantage and the advantage of Ant Search, Sin Chew has quickly become the No. 1 portal in Southeast Asia, with a daily traffic of an astonishing 30 million, and it is inevitable to seek the support of more news media. The acquisition of the fading South China Morning Post can be described as a bold attempt.

But this is not what Sakurai wants to see, Chen Bo's original management model is that each region has independent management authority, and only he is responsible for it, which has caused a difficult situation for the headquarters and the parent company to intervene.

Ant Technology's shareholders' meeting proposed several times, but none of the INEDs were available. Because they have to collect the opinions of minority shareholders in advance, now that the allotment work is basically completed, thousands of employees around the world do you want time to prepare, and of course Ellison's old oilman is standing on Chen Bo's side, so he is naturally pushed by a small cart.

This made Yoko Sakurai, who has always been calm and spicy, feel a little uneasy.

It was at this time that Chen Bo's lawyer proposed a more intriguing exercise agreement to the Pangu board of directors.

According to the previous agreement, he has the right to convert all his shares into ordinary shares of the subsidiary, plus the foundation under his name holds a total of less than 25% of the shares, if he wants to exchange it for the shares of Ant Search, then everything Sakurai has done may come to naught.

This made Yoko Sakurai very annoyed, the pig-like Mo Fei and Zhou Botao hadn't noticed this hidden clause before, and TMD was mandatory, no one had the right to object, and they couldn't deny it in black and white.

However, just when she had a headache, the exchange plan proposed by the other party was 5% Tencent, 15% Excellence Mall, and 30% Maidong Technology.

What does this mean? Strategic abandonment? The battle of the ants has not yet begun, and the bayonet is about to be sheathed?

Yoko Sakurai absolutely didn't believe that Chen Bo was so kind, but she couldn't find the real flaw in it, and she had to implement this replacement clause.

So far, in addition to MIH Fund, Ma Teng and Mo Fei, 70% of Pangu's shares have fallen into the hands of Yoko Sakurai, for which she has paid more than 4 billion US dollars.

The money spent was not much, and the acquisition battle was too easy, Chen Bo's shares were completely cleared, but her mood was not better.

"There must be a problem, there must be a problem."

"Miss Sakurai, what's wrong with this, it must be that kid's coward. Ant Technology's shareholders have agreed to hold a shareholder meeting, but by video conference, and as soon as we take back control, everything will be much easier! Ye Tianyi is looking forward to a better future.

"It's better to be careful, now that I've invested a huge amount of money, I can't afford to lose!" Yoko Sakurai said sharply, "You ask Zhou Botao to collect the information, I will keep an eye on the scene, and I will let them spit out all the billions of dollars they ate for me obediently!" ”

……

On the west coast of the United States, Sunnyvale in the Bay Area, although night has fallen, the conference room in Ant City is brightly lit.

The current chairman of the board of directors, led by Redhoffman, Depp and Li Zhaojun of the B&P Foundation, as well as Nicholas Rockefeller, as well as Hulu.com head Hastings, and Wikipedia head Jimmy Wales are among them.

"Are you all ready? Everybody! Chen Bo pushed the door in with a smile.

"All set, Vincent, are you really going to give up such a large piece of the market that you have worked so hard to run?" Hoffman asked, frowning.

"Be a man and leave a line, he will see each other in the future." Chen Bo said disapprerovingly, "Then let's start your performance." ”

Chen Bo found a blind spot that the camera couldn't take care of, and the technician then began to prepare for the video conference, and it didn't take long for the technician to start preparing for the video conference. Images from all over the world appeared on the big screen in front of them.

In addition to the Pengcheng headquarters, the two independent directors and the heads of the major regions all appeared in the picture, and Alwaleed was also online.

"If there is any problem, just hurry up," the sleepy-eyed Ellison said impatiently, "whoever initiates the shareholders' meeting will talk first, I'm still waiting to go to sea to play." ”

With a blue sea in the background, he didn't want to be too carefree after stepping down as president of Oracle, lingering on the Mediterranean coast of Spain. It is the morning in Europe at this time.

"Okay, dear shareholders, as we all know, the parent company of Ant Search has just completed the restructuring of its management structure, and it doesn't know much about the company's current operating conditions, so we have to meet to discuss." Appearing in front of the camera was Zhou Botao, the current chairman of the board of directors of Pangu Group, who spoke eloquently in fluent English.

"Wait!" Ellison interrupted him and said, "You're not right. ”

"Huh? Something is wrong. Zhou Botao was stunned.

"Ant Technology's parent company is a foundation registered in the Cayman Islands, and it is not directly related to Pangu Group." Ellison picked the bone in the egg and corrected his words.

"But Pangu is one of the shareholders of Ant Search, so there's nothing wrong with that, right?" Zhou Botao had to change his statement.

"It's not right, it's an indirect shareholder." Ellison shook his head, not giving him any face.

"Good. It is an indirect shareholding!! Zhou Botao vomited blood depressedly, gritted his teeth and said word by word.

"Well, that's right. If there are any questions, go ahead, don't waste time, everyone is busy! ”

Ellison's extremely inadequate words made Zhou Botao unable to get angry, as if you were the one who wasted time, but in order to seize the big plan of ant search, you can only endure it for the time being.

"The board of directors of Pangu Group has always been very optimistic about the development of Ant Search and recognizes your efforts. However, the current performance cannot prove our value, in order to get better development in the future, so Pangu Group has decided to vigorously promote the listing process, which is also the best return for investors! ”

Zhou Botao first threw out a bait, didn't Chen Bo always grind about the listing when he was there? Then I'll do it. If you have money to make together, you don't believe that shareholders are not impressed, otherwise what are you investing in Ant? It's not for the sake of a good word.

Listing circle money, making a lot of money, how energetic it is to make a big vote.

"I wonder what you guys think?" Zhou Botao asked in the air.

"Oh, yes."

"Welcome ......"

"I don't care......"

The shareholders in the picture are listless and perfunctory, and there is basically no substantive feedback.

"However, a company needs to give investors more confidence before it goes public. The current management of Ant Search is not convincing enough, so I propose a reappointment of the company's board of directors, which is an important item for us to vote on later. ”

Salute first and then soldier, not long after the opening, Zhou Botao showed his fangs, and he had to bite the little ant.

"If you say re-election, you will be re-elected, how old are you?!" Ellison was originally an old hooligan, and he played this villain to the end, and immediately scolded loudly, "The company is developing steadily now, and you will reopen the shareholders' meeting only to give you face, and then you will adjourn the meeting directly." ”

"How old am I?" Zhou Botao was also angered by Ellison at this time, and opened a scolding war in the air, "Please pay attention to your identity first, you are just an independent director!" Pangu Group is the controlling shareholder of Ant Search, how old do you think I am? ”

"Bullshit!" Ellison said disdainfully, "As an INED, I am responsible to all shareholders, so I have the right to supervise." I won't be like some people who betray their boss, if I were Chen Bo, I would have kicked off your eggs and beaten you until you were half paralyzed! ”

"Rude!" Zhou Botao frowned, this sentence had already stabbed him in the heart.

Yoko Sakurai was already urging him in the shadows to get to the point and ignore the old scoundrel.

"Then let's start voting by show of hands now, for the sake of the early listing, I believe that every shareholder will make the best rational decision." Zhou Botao no longer paid attention to Ellison, but went straight.

Even in the video conference, you can still feel the embarrassment in the air, only Zhou Botao raised his hand in the picture, and the rest of the people either looked down at their phones or ignored them, and Alwaleed even held a Persian cat to tease.