Reborn Tycoon Rise

After a moment of silence, Simon Keswick finally made a decision: "Xu Sheng, I don't have to fight with you about Land Group, but you must sell me the shares of Jardine Matheson Group in Land Group's hands at yesterday's market price."

"Original price?" Xu Zhi said disdainfully: "Can you resell the Land shares in Jardine's hands to me at yesterday's market price?"

"This..." Simon Keswick was speechless for a moment. After all, at the previous shareholders' meeting, Xu Zhi had announced that he would increase his purchase price by 20% to acquire all Land shares on the market. Since he could get back Jardine, the Land shares in his hands would definitely be the same. It will be sold. This is a stock worth billions of Hong Kong dollars. A 20% price increase is hundreds of millions of Hong Kong dollars, which can be said to be crucial to the troubled Jardine Matheson.

But because of Newbigan's Yihe Mutual Control, Land also holds a huge stake in Jardine. Now that Land cannot keep it, the Jardine shares in its hands will naturally have to be taken back. Otherwise, if the guarantee is not guaranteed, one day, Jardine's control will be lost again. No more, what's more, after this lesson, the Keswick family will definitely increase the controlling shares of its companies in the future, which naturally requires a lot of funds. It would be better to buy back less shares now.

Xu Zhi said: "Let's do this. We all trade at yesterday's stock market price. Mr. Keswick, what do you think?"

"Okay." Simon Keswick finally agreed with heartache. The scale of Land Land was far larger than that of Jardine. If the transaction was carried out with the same 20% increase, then his side would take a big advantage. But now that the other party has the advantage, he cannot make such a request.

"Then let's do this! You and I will first work together to take back the board of directors of Jardine Land, and then carry out financial division." Xu Zhi said. The core purpose of this acquisition is Land Corporation, and its properties located in Central and other prime locations in Hong Kong are the ultimate goal.

As for the Jardine Matheson Group, it does still have a certain scale after going to Land, but it has a wide range of products, involving agriculture and animal husbandry, mining, chemicals, shipping, aviation, insurance and finance, machinery manufacturing, etc...

It does look very powerful, but the operation is extremely chaotic. Each branch has losses and profits. It has a scale but no reality. It is similar to the Hutchison Whampoa Group under the management of Qi Dezun in the early 1970s. The branches are very There are so many, but they cannot be fully utilized, causing the company to be extremely bloated.

If such a company is acquired, even if it is run properly, it may not be comparable to the simplest real estate investment. It is better to return it to the Keswick family in exchange for the other party's setbacks in real estate.

After all, the strength of the Keswick family should not be underestimated. Even if the strength is not comparable to his own, rabbits will bite people when they are cornered, and they will really tear each other apart, without much practical benefit.

…

The next day, "Industrial and Commercial Daily" and "Ming Pao" both announced the merger and acquisition plan of the Land Group in their homepage headlines. The 20% margin was in the acquisition war. The margin was indeed not large. Therefore, many people Not willing to take action.

However, in the afternoon of the same day, new information came from the market. Evergrande Group and the Keswick family joined forces to abolish the boards and top management of Jardine Matheson and Land headed by Newbijian and Bao Fuda.

Acquirer and acquired party join forces?

Some discerning people immediately felt that things had changed, but most people were still waiting for follow-up information.

On the fifth day, Evergrande, Jardine and Land held a press conference and announced the serial divestment plan:

First, Evergrande sold all its Jardine shares to the Keswick family at 120% of the current market price, cashing out approximately HK$1 billion. At the same time, the total value of Jardine Matheson's shares in the hands of the Keswick family will be as high as 30%.

Step two: Jardine Matheson Group will sell 30% of the Land shares it holds to Evergrande Group at the transaction price one day before triggering the acquisition offer, with a total value of approximately HK$3 billion. At this point, plus the shares acquired from the stock market during this period, Evergrande holds a total of 68% of Land Company's shares.

Step 3: Landmark also sold the Jardine Matheson Group shares to the Keswick family at the price of the previous day, cashing out HK$1.2 billion. At this point, the Keswick family owns 60% of the shares of Jardine Matheson Group, triggering a comprehensive takeover offer.

This time, Simon Keswick was determined to keep the Jardine Matheson Group and resolutely continued the acquisition. In order to obtain sufficient funds, the Bank of East Asia also provided an emergency loan of HK$2 billion, and the collateral was the Keswick family’s global assets. A large number of properties in various places, a large area of ​​​​coconut groves in Malaysia and a sugar cane plantation in Hawaii.

After all the stock investors heard the news, they immediately exploded. They had just seen the richest man in Xiangjiang raise his fist and prepared to give Yihe, the former No. 1 financial group in Xiangjiang, a good beating. However, unexpectedly, the fist had not yet fallen. , the other party gave up.

Everyone understood that the Land shares in their hands could no longer soar like the Wharf in those days, so while cursing the Keswick family's incompetence, they quickly rushed to the stock exchange and sold their shares to the stock exchange. Change it to cash.

A small group of people are very discerning and are still optimistic about Land's future prospects, but their arms are not as strong as their thighs. Those who can hold a larger share of Land shares are basically people from some industries in Hong Kong, and they don't dare to do it for their hands. stocks, and offended the real No. 1 consortium in Xiangjiang.

Some other retail investors were out of luck. After another half month, Evergrande held 92.8% of Land shares, and the trading volume was getting less and less. Obviously, many people were unwilling to make transactions at this price, or were unable to do so. Come time.

Therefore, Evergrande applied for a delisting injunction with the court, and the court forcibly announced the delisting and abolished the Land shares outside the market. However, the book value of these shares is still there. At any time in the future, anyone can rely on the shares to trade in the market. Convert to cash at Hong Kong Exchange.

On December 1, Evergrande Group officially announced that it had successfully acquired Land Group. Land Group was also officially delisted from the Hong Kong stock market. Before a group of melon-eaters could recover, the largest merger and acquisition in the history of the Hong Kong capital market came to an end. The prologue.

The next day, the front page headline of Ta Kung Pao read: Xiangjiang business has officially entered the era of Chinese capital.

The article first briefly introduces the commercial history of Xiangjiang from the 19th to the 20th century, and also introduces the style of British-funded consortiums headed by Jardine Matheson, Hutchison Whampoa, Swire and Wheelock.

The focus of the introduction this time is on the Jardine Matheson Group, which started as an opium smuggling business. After being banned from smoking in the mainland, Jardine Matheson returned to the UK and tried his best to promote the Opium War, segregate Hong Kong, hoard land near Victoria Harbor, establish Wharf and Land, etc. wait……

It can be said that the history of Jardine is earlier than that of Xiangjiang, and even the founding of the city of Xiangjiang has a great connection with the Jardine Group.

The article introduced Yihe's sinister history in an extremely critical way, making many Chinese extremely angry.

Now, having lost its land, Jardine Matheson has been reduced to a second-rate company and can no longer compete with the other three foreign banks.

At the same time, the four major foreign banks that once represented British capital, Hutchison Whampoa and Whampoa, have long fallen into the hands of Chinese capital. At this time, Jardine Matheson has declined, leaving only Swire Group and Wheelock Group. Among Chinese-owned companies, many large-scale companies are getting larger and larger. Among the blue-chip Chinese-owned companies in Hong Kong, both in terms of number and total market value, they exceed those of British-owned groups.

After a large number of Chinese people in Hong Kong learned about this result, they felt comfortable again.

Updates will be unstable during this period, so...