Chapter 265: Determined to swallow up the Xiangjiang Electric Lighting Company!

in history.

Two very classic takeover battles broke out about Xiangjiang Electric Lighting Company.

For the first time, in the early 1980s, Heung Kong Electric Lighting Company was purchased by Heung Kong Land Company and became a British-owned stock.

On April 26, 1982, Hong Kong Electric's share price suddenly rose sharply. The lowest price of 6.3 yuan that day was more than 1 yuan higher than the closing price of 5.13 yuan on the previous trading day, and the highest price that day was 6.75 yuan.

After the market closed, Yifu Company announced that it had purchased 222 million shares of Hong Kong Electric on behalf of its client that day. This client was the British-owned Heung Kong Land Co., Ltd.

Land Corporation purchased nearly 35% of HK Electric's shares at a premium of 27% to 31%, becoming the largest shareholder.

The second time, on January 22, 1985, Hutchison Whampoa Co., Ltd., owned by the Chinese-owned Li Jiacheng family, used HK$2.903 billion in cash to acquire 450 million Hong Kong Electric shares held by Land Company, at a price of HK$6.4 per share. , holds 34. 6% of Hong Kong Electric's shares and becomes its largest shareholder. Heung Kong Electric Co., Ltd. has also changed from British-owned shares to Chinese-owned shares.

At that time, Heung Kong Land Company was heavily in debt and on the verge of bankruptcy. Simon Joseph took the initiative to send people to Li Jiacheng to discuss the transfer of Hong Kong Electric's equity.

From this transaction, Xiangjiang Land Company obtained nearly HK$3 billion in cash, and the company's financial situation suddenly improved.

As for Li Jiacheng, he obtained the controlling stake of Hong Kong Electric at a discount of 13.5%. The closing price of Hong Kong Electric the day before yesterday was HK$7.4 per share, and the acquisition price of Hutchison Whampoa was HK$6.4 per share. It was a big deal. .

According to Yang Ming's idea, when the Yosek family first acquired the Heung Kong Electric Lighting Company, the original goal was good, because the Heung Kong Electric Lighting Company itself was very profitable, with stable dividends of at least several hundred million Hong Kong dollars every year, or even higher.

Later, the reason why Jardine Land did that was because Jardine Land was already frightened by Chinese capital at that time and had to use cross-holding methods to save it.

So much so that when Simon Henry Joseph became the chief executive of Jardine Matheson Land, he had no choice but to sell his shares in the Heung Kong Electric Lighting Company in order to keep Jardine Matheson Land.

It's completely different now.

Li Jiacheng was unable to swallow up Hutchison Whampoa.

Hutchison Whampoa and even Jardine Land have been acquired by Yang Ming.

The strength of Li Jiacheng and his Yangtze River Group is far worse than in history.

As for Bao Yugang now, it is because after Yang Ming organized the Xiangjiang First Shipping Group, he and his two sons-in-law have focused entirely on their maritime kingdom, and the abandonment of the ship and landing plan has been completely abandoned by the Bao Yugang family.

Li Jiacheng was helpless.

Bao Yugang had given up on abandoning the boat and landing.

Yang Ming now has sufficient funds, so it is natural that he can swallow up the Xiangjiang Electric Lighting Company, and it is even logical. Moreover, this time Yang Ming swallowed up the Xiangjiang Electric Lighting Company to prepare for the next investment.

"Regarding Heung Kong Electric Company, before this, it has always been a major shareholder without a family background. Among them, I had asked people to buy 11% of Heung Kong Electric shares half a year ago, asked Wharf to buy 7% of Heung Kong Electric shares, and asked Hutchison Huangpu bought 5% of Heung Kong Electric's shares, and Jardine Land has also bought 5% of its shares. Now these add up to 28% of the shares, and it is already the largest shareholder of Heung Kong Electric. However, there is still a long way to go. Far from being a controlling shareholder, this time we can buy the shares of Xiangjiang Electric Lighting Co., Ltd. through additional purchases at the end of Christmas, and achieve controlling or even complete control."

Because Heung Kong Electric Company is completely different from Wharf or even Jardine Land.

In addition to becoming the largest shareholder, Imperial Group no longer needs to purchase additional shares at high prices like it did with Wharf and Jardine Matheson Land.

Basically, as long as the stock price is about 30% higher, investors in Xiangjiang who own the shares of Xiangjiang Electric Company will sell them, because according to the current situation of the shares of Xiangjiang Electric Company, others can no longer compete with the Imperial Group.

Historically, the Xiangjiang Electric Lighting Company was actually acquired by Melis.

Now, Yang Ming is also preparing to hand over the acquisition of Xiangjiang Electric Lighting Company to Meris.

"Mailisi, regarding the acquisition of Xiangjiang Electric Lighting Company, you will be in charge."

"Boss, me?"

Compared with the thrilling acquisition battle of Wharf or even Jardine Matheson Land, it is obvious that Heung Kong Electric Company seems to have it much easier.

When Yang Minghe and Imperial Group acquired Wharf, they not only wanted to target Li Jiacheng and prevent Bao Yugang, but also made a sneak attack on Jardine Land.

The acquisition of Jardine Matheson Land will have to face the Niubijian and Yosek families.

When Yang Ming acquired Hutchison Whampoa, he knew that the difficulty would be higher.

Because what he wants to do mainly is to prevent Li Jiacheng and Bao Yugang from gaining Shen Bi's trust and support, then he has succeeded.

However, according to the circumstances at the time, the acquisition of Wharf and Hutchison Whampoa were also closely related.

"Yes, I'll leave it to you. I hope you can successfully control the Xiangjiang Electric Lighting Company at the lowest price. I won't talk about the rest. I'll leave it to you to take charge."

Yang Ming did not stay any longer.

Go out alone.

When going outside.

Yang Ming thought that Ah Zhu, Zhong Chuhong, and Guan Jiahui had already rested, but now the three girls have not rested yet.

Guan Jiahui came alone and didn't bring anything. When she came here, she was wearing the new dress that A-Zhu gave her, and it looked relatively new.

"Aren't you asleep yet?"

"Master, today is Christmas. I wonder if I can receive a gift from Santa Claus?" Azhu asked with a smile.

"What gifts do you want?"

Yang Ming is rarely happy now.

When Azhu, Zhong Chuhong's gift is nothing more than some clothes and books.

"Guan Jiahui, you don't want candy, do you?"

"Mr. Yang, I don't want candy, I want to watch the bright fireworks."

watch fireworks?

It's Christmas.

Yang Ming didn't know if fireworks were set off on Victoria Harbor?

He remembered that during the Spring Festival, there were fireworks displays in Victoria Harbor.

"fireworks?"

"Yes."

"Then you wait."

. . .

Half an hour later.

Yang Ming returned to the study.

The meeting chaired by Mai Lisi has ended. Mai Lisi and others are also determined to acquire the Xiangjiang Electric Lighting Company.

However, after all, there are only 28% of the shares. It is not impossible that someone wants to compete with the Imperial Group for the Xiangjiang Electric Lighting Company.

If, like Yang Ming's acquisition of Wharf, or even Jardine Matheson Land, the purchase price is ten times the share price, most investors in Xiangjiang will probably sell their shares in Xiangjiang Electric Lighting Company.

Yang Ming knew that if the stock price was increased by ten times, neither Li Jiacheng nor Bao Yugang would have the strength.

As for John Horseman of Wheelock, he was also busy expanding his shipping capabilities.

The Swire Shihuai family is trying to preserve its property as much as possible and cannot expand externally.

Under such circumstances, if Yang Ming wants to swallow up Xiangjiang Electric Lighting Company, it is actually very stable, and he can even swallow it up at a low price.

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