The century-old family began to rise from Hong Kong Island chapter 625

The century-old family began to rise from Hong Kong Island
Chapter 625 Universal Pictures [Ask For Flowers! Ask For A Monthly Pass! 】
On this day, the editor-in-chiefs of major newspapers on Hong Kong Island got the news that the Galaxy Group will hold a press conference this afternoon to announce something important.
Time was tight, but reporters from major newspaper offices and many international newspaper offices in Hong Kong Island rushed over as quickly as possible.
Galactic Empire Building, in the conference room on the third floor!
Hundreds of reporters stood there with long guns and short cannons, and the front line was [Hong Kong Island Daily], [Oriental Daily], [Star Weekly] and other reporters from several major newspapers.
The daily circulation of these newspapers is one of the best.
And they also have a common feature, these newspapers are all owned by Su’s media.
That is, it belongs to the Galaxy Group!
At this time, it was their parent company that held a press conference, and many colleagues wanted to get some news from them.
It’s a pity that the reporters of these newspapers also looked at a loss.
They are just little reporters, how could they possibly know the decision of the General Group?
“Mr. Su has just become the richest man in the world, so he is in a hurry to hold a press conference. What’s the matter?”
“It must be a big deal!”
“No matter what happens, I will definitely support Mr. Su!”
“It’s really awesome. Not only is Mr. Su the 11th richest man in the world, but also the top 30 richest people in the world. There are only twelve in Hong Kong Island alone. It really gives us Chinese people a sense of pride.
“Thinking of it, my blood is still boiling!”
The news about Su Shaoze’s ascension to the top has not yet passed, so these reporters also talked about this matter in the Galactic Empire State Building.
Even the foreign reporters looked very excited, after all, they might see the richest man in the world with their own eyes today!
Just let them down!
Soon, the huge door of the conference room opened, and a group of men in neat suits walked in, their leather shoes stepped on the carpet, silent and powerful.
And the person walking in the middle is a man in his forties, with his hair combed and neatly dressed, who was gifted by Ye Tian, the CEO of Galaxy Group.
Seeing that it wasn’t Su Shaoze who appeared on the stage in person, the reporters in the field were a little disappointed, but they still grabbed Ye Tianci and took pictures.
There were continuous clicks and clicks in the large conference room, and Ye Tianci, illuminated by the flashlight, seemed to be surrounded by lightning.
“Gentlemen and ladies, hello, I am the CEO of Galaxy Group, Ye Tianci.”
On the huge podium, Ye Tianci spoke into the microphone, and applause quickly resounded from below.
“Everyone is invited to come today, there are some things to announce.”
“In order to complete the Galaxy Group’s global development strategy for the next ten years, the Galaxy Group intends to formally initiate an acquisition offer for Universal Pictures.
Universal!
This is the first cross-border acquisition formally launched by Galaxy Group after the financial crisis.
In the previous acquisitions of Boeing and General Electric, only 5% to 15% of the shares were obtained.
Moreover, the main body of the acquisition is Fengyun Capital, Stephen Fund and other offshore companies under Su’s holdings, which are essentially companies in the United States.
But this time, in order to expand its influence, the Galaxy Group will start its own crazy acquisition road.
It’s not just buying some of Universal Pictures’ shares, but planning to buy as much as possible, at least a complete and absolute holding.
It can be grouped as a subsidiary company.
Universal Pictures will also be the beginning of Galaxy Group’s U.S. strategy, followed by major acquisitions such as Wal-Mart, Telephone and Telegraph Company, Coca-Cola Company, Western Bank of Communications, and Northern Power Company.
Galaxy Group plans to hold absolute shares in these companies, complete control of the board of directors, and turn them into subsidiaries.
At that time, Galaxy Group will also complete the transformation from a regional comprehensive conglomerate to a world super conglomerate.
It’s just that Galaxy Group will not disclose the follow-up acquisition plan for the time being.
“wow”
When Ye Tianci finished speaking, the reporters in the big conference room were all in an uproar.
Buying Universal Pictures?
This is one of the seven major Hollywood film companies. It has been established for nearly a hundred years and is extremely influential in the world.
All right!
Looking back, when the Galaxy Group first started, the film company was one of its important territories.
The Galaxy Group is just starting up its old business again.
It’s just that the scale of Universal Pictures is much larger than that of Su’s Pictures in Hong Kong Island. Universal Pictures has a complete distribution channel in all major regions of the world.
Among the seven major Hollywood film companies, the profitability often maintains the top three positions.
It is not easy to buy.
But for the behemoth of the Galaxy Group, Universal Pictures does not seem to be so powerful.
And as we all know, Su Shaoze led Li Chaoren and others to make a lot of money during the financial crisis.
The other tycoons on Hong Kong Island have already taken action in the United States, acquiring many companies.
Now, the Yinhe Group seems to be unable to hold back and is ready to show its talents.
The first target was aimed at Universal Pictures.
After Ye Tianci finished speaking, all the reporters below immediately raised their hands, and the host clicked on the reporter in front.
He is also a member of Galaxy Group and a reporter for [Hong Kong Island Daily].
“Mr. Ye, just now you said that the Galaxy Group will prepare to initiate an acquisition offer for Universal Pictures? Does this mean 917~”
Ye Tianci nodded lightly: “That’s right, the Galaxy Group has acquired 30% of Universal Pictures’ shares.
After the voice fell, the reporters in the field became noisy again, especially some foreign reporters, they all shouted “Ooooooh!”
According to regulations, 30% is called the acquisition offer line of listed companies.
When acquiring a company, as long as the shares in hand reach 30%, it is necessary to initiate an offer to acquire all or part of the shares to its general meeting of shareholders.
This rule was first implemented in the United States, the purpose is to prevent listed companies from being hostilely acquired by the black knight.
Therefore, when the Galaxy Group holds 30% of the shares of Universal Pictures and intends to make an acquisition, it must send an invitation to it.
To be honest, this regulation is not very beneficial to the Galaxy Group, but it doesn’t matter.
In order to acquire Universal Pictures, Su Shaoze had already arranged everything. The moment the news was announced, the fall of Universal Pictures was decided.
One after another, the reporters asked Ye Tianci questions.
“Mr. Ye, how much does the Galaxy Group plan to pay for the acquisition of Universal Pictures?”
“How many shares does the Galaxy Group plan to acquire?”
“Which companies does Galaxy Group plan to acquire in the future?”
“This move strengthens my ambition as a Chinese, and strengthens my prestige on Hong Kong Island!”