Chapter 513: A New Territory for the Business Empire
The convoy quickly left Beverly Hills and arrived at the Smith Financial Group branch in the heart of Los Angeles.
As the financial core of the Texas consortium, Smith Financial Group merged the original Texas financial enterprises, plus Abel's original Pacific Commercial Bank and Smith Capital, and its power is mainly distributed on the east and west coasts of the United States, as well as several southwestern states such as Texas and Kansas.
As the second largest city in the United States, the area where Hollywood and Beverly Hills are located will of course be valued by Smith Financial Group, even if it is actually one of the core areas of the California consortium.
It's like in Houston, where there are branches of Wells Fargo, First Citigroup, Murgun Chase, and so on.
After arriving at the Los Angeles branch, Abel took a short break and led people into the video conference room.
This is a conference room that every branch of Smith Financial Group, even the large branches of Smith and Texas, will now have.
These conference rooms use the latest video conferencing technology provided by Qualcomm to conduct transoceanic and transnational video conferences, which has contributed to the promotion of the administrative ability and execution of the Texas Foundation.
And this big order from the Texas consortium has also provided a great boost to Qualcomm, which is already on the right track.
Today is the regular meeting of Abel's investment details report that was originally arranged every two days.
He has to participate, his career and beautiful knife are the foundation that allows him to enjoy life wantonly, which he knows very well.
No matter how wonderful Gentle Township is, it is only a brilliant diamond set in the crown of the successful.
In the conference room, Allen and others from the Smith Intelligence Group sat at the bottom of Abel according to their status and closeness.
After the video conference is connected.
Jace, the head of Smith Capital in the UK, began to report in detail on the results of the recent period.
“…… The resistance of the British on the pound sterling, so to speak, did nothing. But these British elders, in the face of our operations in the stock market, carried out an all-round sniper. For this reason, even the British Financial Supervisory Authority has been killed, and the London authorities have frequently threatened the side. This made the snipers, including us, go a little unwell. ”
While listening to Jace's report, Abel read the document carefully, touched his chin and thought, and the members of the think tank in the conference room all looked at him.
This is actually quite understandable, the pound is the pound of all Britons. Those companies are only the property of the British oligarchs, or the British elite.
The Americans sniped at the pound because the pound was too large and had a lot of impact.
So no matter how much the Americans snipe, as long as Wall Street doesn't want to lose both, London won't be too afraid.
But the Americans snipe at those British giant companies, and the holders behind the giants will be directly affected by their interests.
And these giants, they can easily influence the London authorities, and it can even be said that these people are the real British masters now that capital is dominant.
In the face of the Americans who came to seize power, these people will certainly not compromise.
This is a matter of vital stakes, life and death. With the support or strong opposition of these people, it is strange that the London authorities do not come out and desperately protect it.
These capitalists and oligarchs, one by one, are equivalent to British state-owned enterprises. A kind of "state-owned enterprise" that does not need to bear the responsibility of state-owned enterprises, but can enjoy the treatment of state-owned enterprises.
It's a bit like the Federal Reserve in the United States, as well as Fannie Mae and Freddie Mac.
Such a company, of course, the British authorities will die.
What's more, it's 2002, and the British have not completely died and become the British who are bent on being a conjugated father and son.
in the conference room.
Able looked up at the camera, which was the source of the signals used by the financial forces of the entire Smith department to listen to his voice during the video conference.
Abel asked directly:
"Let's talk about all the gains we've had so far in the sniping of the pound and the landing in Britain."
Jace from London nodded, picked up the file and began to report:
"In terms of sniping the sterling currency, our total gain so far is £3.969 billion in profits."
"But the bulk of these profits have already been invested in our plan to land in Britain. At present, there is about 450 million pounds left on the books. ”
"As for the British Isles landing plan, so far, we have controlled 4.5% of BP, 7.65% of AstraZeneca, 9.5% of GlaxoSmithKline, 7.5% of Vodafone Group, 5.5% of Legal Insurance, and 11.5% of HSBC Holdings......"
"To this end, we have invested a total of $36.556 billion in addition to our profits on the sniper pound."
Most of the people who connected to the video conference were financial elites and understood what the data reported by Jess meant.
This means that Smith Capital has only spent less than $40 billion to control these shares.
This is actually a great victory.
Not to mention other companies, just BP Oil.
BP is a high-quality company with total assets of more than $100 billion.
At its peak, the market capitalization of the stock market once exceeded $300 billion.
Although it has declined, it is still one of the world's seven "supergiants" of oil and gas. The others are Chevron, ConocoPhillips, Eni, ExxonMobil, Shell, and Total.
As a publicly traded company, bp Oil is listed in London and New York.
Smith Capital acquired mainly shares in London-based BP, which is now worth more than $80 billion.
Before the financial crisis in London, it had a market capitalization of $100 billion.
4.5%, according to the current market value, it is about 3.6~3.7 billion US dollars. According to the original market capitalization, it would be about $4.5 billion.
The cost of the acquisition was almost $700 million less, which is a very successful acquisition.
The share prices of other companies are also generally much lower than before the storm.
The overall purchase price is at least 25% lower on average.
Not to mention that it is not easy to grasp these shares, even if you wait for the London financial turmoil to pass, wait for the stock prices of these companies to rise normally, and then sell these shares, you can make a lot of money.
Therefore, from the perspective of profits, Smith Capital's hunt of more than two months is relatively successful.
The profits in all aspects add up to more than $15 billion.
The problem is well known.
This time the boss's goal is big, what he wants is to influence these British giants, not just pure profit.
At the moment, the profits are high. The plan to land in Britain is very average, and it can even be said that it is very poor.
Although the British can't do anything now, they are the ancestors in modern finance.
Even the modern oilman's financial system was actually inherited from the British. In addition, they are now Wall Street doppelgangers, and Americans can't use too much force on London's finance.
At the same time, it is necessary to take into account the strategic alliance between the two countries in the actual sense of the word.
This allowed the British to successfully defend against the old American sniper plunder, albeit at some cost.
Compared to other small countries that have been sniped by Wall Street, these costs are really nothing.
At least many Britons can still sing and dance after this.
Unlike Southeast Asia, it was miserable for more than ten years after being cut once, and it was not until the rise of China that the situation eased slightly.
"It's been a success."
After a long time, Abel spoke.
His opening remarks relieved most of the hundreds of financial elites who were connected to the video conference at the moment.
"That's it. Everyone else has already ceased to act, and if we continue to act alone, it is easy to provoke hatred in London. If it was too much, even Washington would call me. ”
"Well, don't be discouraged. Later I will communicate with the Moguns and them for a share exchange. I think they must be interested in our stakes, and we want some of the loot they have. ”
"At least I believe that Rockefeller must have been very interested in BP."
The words of the boss were nothing to be heard by the financial elites present.
When you think about it, it makes people feel a chill to the bone.
It was a large group of American conglomerates coming together to exchange each other's spoils of this plunder. It is equivalent to everyone working together to take out the meat cut on the British oligarchs and weigh them in exchange.
Everyone couldn't help but glance at the boss, everyone had a trace of doubt on their faces, they didn't know what the boss's goal was, and even BP, one of the famous seven sisters of oil, was willing to take it out and hand it over.
But when they looked at the young boss in the video conference, his eyes flashed with brilliance, and no one dared to ask.
Well, for the image of Abel, in fact, it is mainly everyone's inner fantasy and mental pressure.
In this era, in addition to ensuring that the sound is very clear, the quality of video is actually average.
You can see the general expression clearly, but you can see the eyes, which is not enough.
It is the shadow of the tree of the name of man. Abel has long been famous. His subordinates worship him like a god in terms of finance.
Usually, even a few simple words from him, they will figure it out in many ways.
At this time, in this kind of meeting, the words bp and Rockphil and Morgun were involved, and what they had learned, Abel's words would naturally make them speculate more.
After the video conference, Abel and Alan walked out of the conference room together, and as they walked, Abel asked Alan beside him:
"What's new in our engagement with Robert D. Walter?"
Robert D. Walter, who had the intention of selling his 11.69% stake in Cardina Health. He had a serious illness a few years ago, which caused Cardina Health's stock price to fall from a peak of $122 to a later price of $35. This made him criticized by the market, even if the stock price rose again, but not long ago, Cardina Health's stock fell for another 4 consecutive months, and now only $45 remains. This makes him even more desperate to sell his shares, especially if we are willing to buy at a 50% premium. The problem before us now is that the remaining shareholders of Cardina Health are unwilling for Robert D. Walter to leave Cardina Health. You know, Robert D. Walter is a part of these stocks that is problematic. ”
After Abel listened to what Allen said, he groaned as he walked, and finally spoke:
"Tell Robert D. Walter that as long as he's in Florida, we can help him get the prosecution done. Ask him to sell me the stock and I'll help him get the contract. Issue? If there is a problem, I will solve the problem, or solve the problem itself! ”
Alan nodded, thinking that was indeed the case.
He was talking to his boss about Cardina Healthcare, which ranks about 13th in annual sales and size in the U.S. pharmaceutical industry.
It had to be at the end of last year, at the beginning of this year.
At that time, Abel was in San Diego, and after agreeing to acquire Genentech, he issued orders and requirements to the Smith Intelligence Group.
Since then, Abel has already had the intention of getting involved in the American medical complex.
In order to avoid the vigilance of traditional medical complex giants such as Pfizer, Johnson & Johnson, Abbott, and Merck, he did not show much interest in these giants.
Privately, he asked Alan and them to secretly contact a large pharmaceutical and health company of the level of Cardina Health.
It is the companies that are around 8 to the top 20 on the list.
After more than half a year of contact, Cardina Health, a large medical group that is not up or down, is the most promising pharmaceutical company that Abel has to swallow directly.
First of all, in terms of scale, it has achieved annual sales of about 20 billion US dollars.
This is certainly not comparable with Pfizer's $600-70 billion. But because of this, it has the hope of being sold.
As for Robert D. Walter, he is the founder of Cardina Health, and the current chairman and chief executive officer.
Robert, like the founders of other large corporations, was robbed of real ownership of the company over the course of many years, leaving only control.
Of the 11.69% of the shares he owns, 6.69% are dry shares.
These stocks, once he leaves office or dies, the shares return to the company and do not belong to his descendants.
This part of the shares was reached after Robert D. Walter made a compromise with the shareholders in order not to be kicked out of the company.
Robert D. Walter had an eye on the situation, and he seized the opportunity of Florida's failure to improve the "Pharmaceutical Business Rules" at that time, seized some of the flaws in it, and left a clause that would give his family or descendants hope to get the 6.69% stock property.
According to the law at the time, as long as a Florida person bought all of his shares, it could be 11.69%, not just 5% for himself.
To put it simply, as long as you are not afraid of ripping off, or you can get the Florida prosecutor and the Supreme Court, you are not even afraid of stabbing the federal highest. If you go.
Then he could use this clause to induce Robert D. Walter to sell all his shares with the opportunity to cash out the 6.69% stock.
There is an opportunity to own this part of the shares in Cardina Health, with up to 40% of the voting rights.
After gaining the initiative, he will use his voting rights to make trouble and coerce and induce other shareholders to sell his shares in Cardina Health.
Eventually, reach the idea of Abel influence, and even complete control of Cardina's health.
This is mainly due to the mess of various laws between the states of the United States.
As the country with the largest number of legal articles, the largest variety of laws, and the largest number of lawyers in the world.
Something like this goes on and on.
But even if Abel gets Robert D. Walter's shares, the other shareholders will not be convinced.
Obviously, this matter will not only be in Florida, there is a high probability that it will be the highest... Law go.
That's why, and why Cardina Health has such an obvious flaw, but not many people covet Robert D. Walter's stocks.
People who have the ability and ideas, such as Pfizer and Merck, are too troublesome.
People who have the ability to have no ideas, of course, are indifferent. People who have ideas but don't have the ability, that's not to mention. The vast majority of people who know the flaw in Cardina's health are considered to be this part.
Only Abel, who is capable and not too troublesome, so when the Smith Intelligence Group discovered this flaw, he has been paying attention to Cardina's health.
Of course, this is mainly related to the fact that the governor of Florida is surnamed Bush, who is the second uncle of Little Laura.
With this level of relationship, it can almost guarantee that Abel can handle the trouble at the Florida level.
In the end, the occasions of the two sides fought the law, mainly in the Federation. High. court level.
At this time, it shows that Abel was very willing to spend money.
As soon as Abel arrived in New York at that time, his wealth had just become free, and he had an interest in Satan, the law woman of New York.
The famous New York barrister named Caroline Jonder Renquist has been Abel's chief private lawyer until now.
Even now Smith Financial Group and the Texas Consortium have very complete legal departments.
Many of Abel's legal questions were provided by Caroline Jonde Renqvist.
The reason is that today's federation is the most. Gao Fa, the chief of the highest status. Law. His name was William Habs Lehnquist.
Well, as it happens, he's Ms. Caroline's pro-uncle and has the same relationship as little Laura and George.
This is also the reason why Abel has not been in New York for a long time, knowing that Caroline's fees are so expensive, but he still insists on using her.
Florida has people, the most. High. There are also people in the law, and even the white house is their own people.
Coupled with the power of itself and the capital behind the scenes, it is enough.
That's why Abel wasn't afraid of these troubles behind Cardina's health, and had a very serious covetousness for it.
And once he can get Cardina Health, it means that he has an admission ticket to enter the medical complex. This is quite important for Abel, who intends to build an empire.