naruto-story Chapter 329 Investing in City Bank
Chapter 329 Investing in City Bank
In European and American countries, especially high-welfare countries, the more people work, the more taxes they pay. Of course, you can pay reasonable taxes through tax avoidance. In North America, investment and consumption can deduct part of the tax. In America, There are quite a few stores like this that have specialized tax calculation accountants.
Heung Kong Electric and China Gas, in order to avoid taxes, donated money to environmental protection organizations such as recycling; while Pacific Rim made a lot of money this time by participating in oil operations, and it can also get tax reductions when buying the Twin Towers.
If it develops as in his previous life, Prince Walid spent US$2.07 million to purchase 4.9% of City Bank's shares. As Kuwait withdrew from investment, City Bank had Prince Walid as its only option. In the end, he invested US$10 billion and obtained 10% of preferred shares, becoming the largest individual share holder.
With this capital injection, more than 20 years later, Prince Walid has received tens of billions of dollars in return.
Preferred shares have priority over others, but they cannot participate in management.
This time it was different. Through its connections, Pacific Rim Group bought 4.99% of City Bank's shares for US$5 million, which was more than double the other party's price and US$13 per share higher than the market. From this, The shares purchased on the secondary market are normal stocks.
Pacific Rim Group and Swiss efg Bank each hold 4.99% of the shares, and the director who recommended them is the shareholder who sold it to them.
The three parties quickly reached an agreement. Pacific Rim Group and Swiss EFG Bank each invested US$5 million and each received [-]% of the preferred shares. This investment agreement was reached very quickly. During the Christmas period, others were still resting, while City Bank and EFG Bank Employees of Pacific Group and Swiss EFG Bank are still working overtime.
After Christmas, the three parties held a press conference at the headquarters of City Bank and announced it via live broadcast.
Sitting in front of the TV, Li Bu watched the press conference played on the TV. Peter and Smith attended the press conference. Seeing their happy faces, Li Bu was also very happy, but their joy was different.
Unlike Peter Smith and others, Swiss efg bank kept a low profile and did not speak at the press conference, leaving the stage to Pacific Rim Group and New York City Bank for them to perform on it.
Not all people in front of the TV were as happy as Li Bu. For example, Prince Walid almost smashed the TV. This was because someone had cut off the TV. Maybe they were worried about themselves.
"These European and American capitalists are so bad." He sighed, but suddenly thought that City Bank had received additional liquidity, so wouldn't the value of the stocks in his hands increase?Thinking about this made him happy. In short, he did not lose money. Now he is still thinking about whether to sell the stock.
Just when he was in a daze, his butler came to him.
"Master, someone called. He wants to buy the shares of City Bank from you. The price is 30 US dollars per share."
Walid heard that it was 30 U.S. dollars per share, which was more than double his own price of 14.47 U.S. dollars per share. The current price is less than 20 U.S. dollars. This price is okay!
"You tell him, yes, but you need cash." He saw that the limelight had been robbed by others, and he wanted to take this opportunity to become famous in the Western world, but it was no longer interesting if the limelight was robbed by others.
What he didn't know was that as soon as he appeared in Li Bu's eyes, Today's News Agency was collecting the other party's information, including the current one.
"Oh, the other party, who is the other party?"
"Master, the other party said that they are Taiping Hang Lung Bank in Xiangjiang, a bank in Xiangjiang." The butler was still very qualified, and he also thought of the questions that the master did not ask.
"It's Xiangjiang Bank, that's no problem." Prince Walid didn't say a word, as long as it's not Pacific Rim Group and Swiss EFG Bank, these two companies made him very angry!It's better for the Chinese to pay such a high price.
Li Bu didn't expect that the other party would agree so readily, which surprised him. Maybe the other party was very angry about not being famous; but he also thought of a way to give it to them.
"After you went to sign the share transfer contract with the prince of Saudi Arabia, you said this to him..." Li Bu was giving instructions to a manager of the branch here.
"Li Sheng, I will tell him your words completely."
"Well, you're not bad!"
The matter of signing the contract was very simple. The two parties were affectionate and the concubine was interested. An agreement was quickly reached. Then the representative of Taiping Hang Lung Bank mysteriously said to Walid's people: "Our boss has a few words and entrusted me to lead the contract." give him."
"Can you tell me?"
"Sorry, this is a personal commission from the boss, please understand."
"Then wait a moment."
Representative Walid left, went to another room, and made a phone call.
"His Royal Highness, the boss of Taiping Hang Lung Bank entrusted his representative to have a few words to say to you. They are very solemn and should be more important."
After hearing these words, Prince Walid analyzed it and decided to go and take a look. With his own efforts, he has become a rich man in the Middle East, able to make half a billion dollars. Naturally, his words may be useful to him.
"His Royal Highness will be arriving soon, please wait a moment."
After half an hour, Prince Walid appeared, and he looked at him somewhat unpleasantly.
"I hope that your boss will make me happy if he entrusts you with it." At the end of the sentence, his tone became a little unkind.
He looked around and signaled that there were too many people. Walid waved his hand and told others to leave. The bodyguard captain was about to step forward, but he waved him back. After the people left, Li Bu's representative began to speak.
"His Royal Highness Prince Walid, our boss Li Sheng is very grateful to you for his willingness to give up his love, so he entrusted me with a few words, hoping to be of help to you."
After hearing this, Walid felt in his heart that this person knows how to be grateful and should be a good friend. He also calmed down and said, "Please tell me, your boss has something to entrust you to bring."
"Prince Walid, you hope to buy City Bank and then solve its current crisis so that you can spread your reputation in the Western world, but this is not a suitable way to start."
"You can change your way of thinking, for example, sports." After saying this, quietly wait for the other party's reaction.
After hearing what he said, Walid fell into deep thought. It took more than ten minutes for him to come back to his senses, and then he said: "Thank you, boss, for providing me with a new idea. I hope that if I have the opportunity, I can Meet him.”