Legend of Xiangjiang Tycoon - Chapter 526
“Of course, I am also in favor of joining the Louis Vuitton Group!” Liliana Betancourt said.
“Thank you, President Liliana, but since we Louis Vuitton Group is the largest shareholder of L’Oreal, we naturally want to join the management of L’Oreal and help L’Oreal’s development. President Liliana, our request is not too much. Come on!” Nelson Tabbia said.
“Of course it’s not too much, but Mr. Nelson, you have just come into contact with us, and you may not know much about us.”
“We at L’Oreal adopt a professional manager system, and it’s good for shareholders to enjoy dividends every year, so I’m sorry for Mr. Nelson’s proposal!” Liliana Bettencourt said.
Of course Liliana Bettencourt understood what Nelson Tabia said, but at this moment, she could only pretend she didn’t understand, and dragged it as long as she could.
“Of course, I understand. In fact, I also feel very good about the professional manager system. Our Louis Vuitton Group also adopts the professional manager system.”
“However, as L’Oreal’s largest shareholder, we can’t do nothing. According to the company law, we, Louis Vuitton Group, hold 36.5% of L’Oreal’s shares and enjoy 36.5% of the voting rights. There should also be seven on the board of directors. President Liliana can’t deny that a board seat!” Nelson Tabbia said.
Nelson Tabia saw Liliana Bettencourt doing tai chi, so she stopped playing hide-and-seek and said directly.
Liliana Bettencourt frowned, trouble is coming, this is what she is most worried about.
“Of course, this should be done, but the new board of directors has just been elected, so there is no need to re-elect. It’s better to wait for the next time.” Liliana Bettencourt said after a while.
“Impossible. As the largest shareholder, how can we not exercise our power? I think it’s better to vote directly!” Nelson Tabia said.
Liliana Bettencourt knew that she could not delay any longer, so she could only say, “Okay, then let’s start re-election of the board of directors.”
In this way, Louis Vuitton won seven seats on the board with 36.5% of the shares in his hand, while Liliana Betancourt won six seats on the board with 31% of the shares in his hand, and the two hold more than half of the board. seats.
Combined with the 10% stake frozen by the French government for re-election, these three companies occupy three-quarters of the seats.
In other words, it is the remaining five board members who really have a say in this time.
And Liliana Bettencourt, by virtue of her previous relationship, jointly won a seat with two shareholders holding a combined 4% of the shares. Although the members are not Liliana Bettencourt, they are obviously biased towards Liliana Bettencourt ancient.
Similarly, Nelson Tabia did nothing, and won a seat jointly with a shareholder holding 3.5% of the shares. This shareholder is also related to the Louis Vuitton Group, so it is biased towards the Louis Vuitton Group.
In other words, Liliana Bettencourt holds seven seats, Louis Vuitton Group holds eight seats, and the neutral party holds two seats, which means that whoever takes power in L’Oréal next has to see The choice of three board members remains.
Fortunately, the Louis Vuitton Group has the upper hand. As long as it wins one board member, it can gain an undefeated position. If it wins two board members, L’Oreal has to listen to the Louis Vuitton Group.
Of course, the idea of incorporating L’Oreal into the Louis Vuitton group that Nelson Tabbia had previously envisaged could not be realized in the short term.
After all, the Louis Vuitton Group at this time did not have an overwhelming advantage, so it had to move slowly.
“Since the members of the board of directors have been selected, let’s elect a new chairman of the board of directors.” Nelson Tabia said.
“Mr. Nelson, do you have to do this?” Liliana Bettencourt said.
“Of course, I think L’Oreal will go to a higher level under our management, and I also consider this for all shareholders.”
“Not only that, we can open up the Asia-Pacific market for L’Oreal, which I think all shareholders can see. After all, this involves the interests of all shareholders.” Nelson Tabia said.
Liliana Bettencourt’s expression changed, which is also L’Oreal’s latest strategy.
Originally, L’Oreal and Nestlé cooperated to open up the Asian and North American markets through Nestlé’s channels.
In the past ten years, L’Oréal has deeply cultivated the North American market with the help of Nestlé, and has become a considerable local force.
Just when L’Oreal wanted to continue to open up the Asia-Pacific market, Nestlé proposed to acquire L’Oreal.
And tempted L’Oreal, as long as it agreed to the acquisition, it could get the key to open the Asia-Pacific market.
But how could Liliana Bettencourt accept this condition, so she naturally refused.
However, I didn’t expect that Nelson Tabia put forward a condition to help L’Oreal to achieve its goal of the Asia-Pacific market, and the condition was only the position of the chairman of the board of directors, which would obviously touch many shareholders.
After all, when Nestlé wanted to annex L’Oreal, it hurt the rights and interests of other shareholders. At this time, Louis Vuitton Group did make other shareholders make money. Who wouldn’t like it?
“Mr. Nelson, are you kidding me? As far as I know, Louis Vuitton’s Asia-Pacific tour only opened up the Japanese market and the Hong Kong market. Are you just talking about these two small places?” Lily Yana Bettencourt slandered.
At this time, Liliana Bettencourt had no other way but to slander the Louis Vuitton Group in this way to gain a chance.
“Ms. Liliana, there is a proverb in the East, don’t work with porcelain without diamonds. Since I dare to say that, I naturally have my ability. This person sitting next to me is the boss of Xiangjiang Qilin Clothing Group, which not only owns in Xiangjiang There are stores in Japan, South Korea, Southeast Asia and even inland China, how is this capability?”
“And this gentleman is one of the shareholders of our Louis Vuitton Group. Do you think he has the ability to help L’Oreal open up the market?” Nelson Tabia pointed to Li Zhiwen, who was silent.
This is the important purpose of Li Zhiwen’s appearance at the L’Oreal Shares Conference, using the Kirin Clothing Group as the platform for Nelson Tabia.
At this time, Li Zhiwen also said: “Everyone, at present, our Kirin Garment Group has a deep cultivation in East Asia and Southeast Asia. With our help, L’Oreal Group can open 50 stores in East Asia and Southeast Asia in five years!”
As soon as Li Zhiwen said these words, it caused a buzz in the conference room.
According to the current economic situation, Japan has become the second largest economy, while the North American market is very weak. If the Japanese market can be opened, L’Oreal can definitely rise to a higher level. As for the rest of East Asia and Southeast Asia, these shareholders seem to be incidental. of.
As soon as Li Zhiwen’s words came out, Liliana Bettencourt turned gloomy.
And Nelson Tabbia didn’t want people to continue the discussion, and said directly: “Everyone, after talking so much, I think we should vote, support our Louis Vuitton group or support Ms. Liliana, please vote Hand vote.”
Liliana Bettencourt’s face became even gloomier when she heard Nelson Tabia’s words. He knew that he was going to lose this time, but he had no choice. He had used all the means that could be used. She could only watch the next reply. How did it develop.
Sure enough, the board members of the Liliana Bettencourt faction all supported Liliana Bettencourt, and the board members of the Louis Vuitton group all supported the Louis Vuitton group.
The two members representing the French government all abstained from voting. They have received advice. They neither support nor object to the two attitudes and abstain from voting.
Gu Of course, if Nestle is fighting against Liliana Bettencourt today, it will definitely be a negative vote and support Liliana Bettencourt.
But now it is the Louis Vuitton Group, which is another matter.
The pressure came to the hands of the other three shareholders. At this time, everyone’s eyes were fixed on the hands of these three people.
The three people are sitting on pins and needles, you look at me, I look at you, but there is no way, because the outcome is in the hands of these three people.
In the end, an accident happened. The three people followed the representative shareholders of the French government and abstained from voting.
This made Liliana Bettencourt look ugly.
The three of them thought it well, and abstaining from voting can be regarded as a no offense.
But in fact, the abstention voted in disguised form to support the Louis Vuitton Group.
Because at this time, the seat of the Louis Vuitton Group is one more than that of Liliana Betancourt.
That is to say, the control of L’Oreal has been transferred to the Louis Vuitton group.
“Thank you for your support, I will definitely take over the external force and bring L’Oreal to a new level.” Nelson Tabia said.
At this time, Nelson Tabbia was in high spirits. He could be said to have become the chairman of the board of directors of the two major companies. How could it not make people happy.
And Liliana Bettencourt didn’t say much. After all, losing this time doesn’t mean that she will continue to lose in the future. She has already thought about continuing to buy L’Oreal’s stock next, hoping to turn defeat into victory.
“I am very optimistic about L’Oreal’s original professional manager system, but the previous President Francois is too old to be the president of L’Oreal.”
“Now I propose Owen Jones to serve as the president of L’Oreal. Owen Jones is very young and energetic. I believe that L’Oreal can create greater glories under the leadership of Mr. Owen Jones.” Nelson Tabia said.
Nelson Tabbia’s words made Liliana Bettencourt’s face very ugly.
Because Owen Jones can be said to have been picked up by Liliana alone, he is very talented, and he is only thirty-seven years old.
Originally, Liliana Bettencourt and François had discussed that Zwiak would transition as the president of L’Oreal for four years, and then Owen Jones would take over.
But the plan was broken, and Nelson Tabia directly mentioned Owen Jones to the president’s seat. At that time, it is hard to say whether Owen Jones will thank Liliana Bettencourt or Nelson Tabia.
At this time, Liliana Bettencourt was in a dilemma. If Liliana Bettencourt raised an objection at this time, Owen Jones would fall directly to Nelson Tabia.
But if no objection is raised, Nelson Tabbia’s means will succeed, and it is unknown whether Owen Jones will support Liliana Bettencourt again.
This is a gamble. Nelson Tabbia can gamble, but Liliana Bettencourt dare not gamble.
“Mr. Nelson, is Owen Jones too young, I don’t deny his talent, I also think he can be the president of L’Oreal, but Owen Jones is too young at this time, I think Zwiak It’s more appropriate to transition.” Liliana Betancourt said.
“Don’t overdo it. I believe in Owen Jones’ strength. He will lead L’Oreal to create new glory. That’s it!”
“Okay, the matter is over. I would like to thank all the shareholders for coming this time. I have prepared lunch in the restaurant downstairs. Please move on!” Nelson Tabia said.
After the matter was settled and the time approached noon, Nelson Tabia was not stingy and invited these people to the restaurant.
As for Liliana Bettencourt, who also went to the restaurant, now she needs to win over new shareholders in order to seek the next counterattack.
There were only three people left in the conference room: Nelson Tabia, Li Zhiwen and Owen Jones.
“Mr. Nelson, I am very grateful for your support. I will definitely manage L’Oreal well,” said Owen Jones.
Owen Jones is also a minority shareholder of L’Oreal, and naturally knows everything about the shareholders’ meeting.
And although Liliana Betancourt said she would support Owen Jones as president, it was five years later.
Now, only Nelson Tabia has directly made Owen Jones the president. The two think that Owen Jones naturally knows who to swear allegiance to, not to mention Nelson Tabia’s power at this time.
“Mr. Owen, I’m very optimistic about you~www.mtlnovel.com~ I hope you don’t live up to my expectations, do well, and open up the Asia-Pacific market as soon as possible, this is your opportunity, as long as you open the Asia-Pacific market, you will take the position of president. Very safe, call me if you need anything!” Nelson Tabia said.
“Yes, Mr. Nelson!” said Owen Jones.
Owen Jones understands that since he is loyal to one side, he should not think about changing his family. Since Nelson Tabia has pushed himself to this position, naturally everyone can see that he is from Nelson Tabia.
So what we need to do at this time is to win the Asia-Pacific market and take a firm position.
“Okay, then you go to dinner first, I have something to talk to Mr. Li about!” Nelson Tabia said.
“Yes, Mr. Nelson!” said Owen Jones.
When Owen Jones left, Nelson Tabia stood up and reported: “Boss, fortunately, I won the L’Oreal Group, but the boss is very powerful. Knowing that L’Oreal is interested in the Asia-Pacific market at this time, I thought of helping L’Oreal to open up the Asia-Pacific market. , to gain support.”
“Well done, Nelson, now we will continue to increase the acquisition of L’Oreal stock to stabilize our position!” Li Zhiwen said.
“Yes, boss!” Nelson Tabbia said.
Liliana Betancourt
Nelson Tabbia said the final word.
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