Rebirth of the Financial Crisis Sweeping the World - Chapter 508

Chapter 508 507 Acquisition of ten Fortune 500 companies (2)!

Luo Baowen asked curiously: “BOSS, how do you buy so many retail companies?”

There are so many retail companies now. Is it time to complete the acquisition of retail department stores in the United States?

Wang Guanxi smiled and said: “The retail company has more employees, and hundreds of thousands of employees are at every turn. Many of them are Americans, and Americans with voting rights. What I need is control and influence. Besides, this department store is also very profitable. Yes, when the market value rises in the future, I will sell a certain amount of equity and hold about 30%.”

In fact, if you control a large company, you just need to hold more than 30% of the shares, but it doesn’t have to exceed 50%.

Of course, the banks controlled by Wang Guanxi all hold 50% of the shares, so he can rest assured.

“Okay!” Luo Baowen nodded, and then asked, “Boss, are there any acquisitions?”

“Of course, it will not stop” Wang Guanxi smiled and said: “Increase the influence of the consortium”

Then Wang Guanxi started a big acquisition a few days later.

Acquired 33% of the shares of UnitedHealth Group from Tianda Asset Management Company and acquired 17% of the shares in the market.

UnitedHealth Group is a diversified health and welfare company, founded in 1974, headquartered in Minnesota, USA, with 75,000 employees.

The company is committed to improving the overall health and welfare of the people it serves and their communities, and enhancing the effectiveness of the health system.

The main business includes prescription solutions, published data, optimal health department, medical care services, etc. Operating in 50 states and internationally across the United States, providing comprehensive health insurance services to health insurers in various fields, including: individual consumers, employers, governments, commercial payers and intermediaries, care providers from doctors to hospitals, and pharmaceutical companies And medical equipment manufacturers.

Last year’s operating income reached 101.8 billion U.S. dollars and net profit was 5.14 billion U.S. dollars.

Total assets are US$67.8 billion and net assets are US$28.3 billion.

The current market value is 41.5 billion U.S. dollars, and the future market value will exceed 400 billion U.S. dollars.

is now ranked 61 in the world’s top 500 rankings.

Acquired a 50% stake in it at a premium, which cost Wang Guanxi US$30 billion.

Although it has spent 30 billion US dollars, Wang Guanxi has a lot of money and doesn’t care anymore.

Continue to acquire.

Soon, he acquired 5% of the equity of Procter & Gamble from JF Asset Management, and also acquired 25% of the equity of Procter & Gamble from the DuPont Consortium and Cleveland Consortium!

This Procter & Gamble company is headquartered in Cincinnati, Ohio, USA.

is also a local company in Ohio, and Wang Guanxi is very enthusiastic about it.

Procter & Gamble, founded in 1837, is one of the largest consumer goods companies in the world.

Nearly 110,000 employees worldwide.

Procter & Gamble is well-known in the daily chemical market. Its products include shampoo, hair care, skin care products, cosmetics, baby care products, feminine hygiene products, medicine, fabrics, household care, personal cleaning products, etc.

Last year’s operating income was US$81.1 billion, and the net profit was US$11.7 billion. This profit is very high.

Total assets are US$138.3 billion, liabilities are US$70.3 billion, and net assets are US$67 billion.

Procter & Gamble is ranked 66th in the Fortune 500.

The current market value of Procter & Gamble is US$114 billion, and it is still Wang Guanxi’s acquisition of the company with the largest market value.

The acquisition of 30% of the shares was at a premium, and it cost Wang Guanxi US$45 billion.

One can imagine how expensive it is.

But it’s worth it. Wang Guanxi intends to make Ohio his strong base camp.

The JF Asset Management Company, the DuPont Consortium, and the Cleveland Consortium received $45 billion, which is quite satisfactory.

Luo Baowen was surprised and said: “BOSS, 45 billion US dollars, you are too willing, is it worth it?”

Wang Guanxi smiled and said; “Of course it’s worth it. The DuPont consortium and Cleveland consortium jointly run Procter & Gamble. They did not choose to move the production line away from the United States. I directly moved the production line of Procter & Gamble. It earns a lot of profits every year, and when the time comes to pay dividends, the profits are quite large. If the annual dividend is more than 15 billion U.S. dollars, 35% of the equity is also a dividend of 4.5 billion U.S. dollars. The market value will also rise, and I will sell some stocks and leave 30% of the equity.”

Future Procter & Gamble’s market value is also more than 350 billion U.S. dollars.

Wang Guanxi at least will not lose money, and can enjoy high annual dividends.

Then, without stopping, the acquisition continued.

Soon, Wang Guanxi acquired 40% of Maxson’s equity from Schroder Investment Management Company.

Maxson is the world’s leading supplier of supply, information and healthcare management products and services.

The products and services provided are designed to reduce costs and improve quality for the entire healthcare industry.

The company’s solutions help healthcare professionals provide services efficiently and increase service capabilities.

The company not only provides supply chain management services for pharmaceuticals, internal medicine/surgery, but also provides supply chain management services for integrated delivery networks, a large number of hospitals and clinics, etc.

Its headquarters is in San Francisco.

Last year’s operating income was 112 billion U.S. dollars and net profit was 1.28 billion U.S. dollars.

Total assets are 30.8 billion U.S. dollars, liabilities are 23.6 billion U.S. dollars, and net assets are 7.2 billion U.S. dollars.

The current market value is 10 billion U.S. dollars.

ranked 34th among the top 500 in the world.

The acquisition of 40% of the equity is a premium acquisition that cost $5 billion.

Then Wang Guanxi listed a table.

The world’s top 500 rankings, and the location of the company’s headquarters.

23 Ford Motor Company, headquartered in Ohio, holds a 40.8% stake.

34 Maxson, headquartered in California, holds a 40% stake.

43 Cardinal Health, headquartered in Ohio, holds 10% of the shares.

61 UnitedHealth, headquartered in Minnesota, holds 50% of the shares

66 Procter & Gamble Company, headquartered in Ohio, holds 30% of the shares.

70 Kroger Company, headquartered in Ohio, holds a 50% stake.

79 Costco, headquartered in Washington State, holds 50% of the equity.

98 Target Corporation, headquartered in Minnesota, holds a 50% stake.

91 Boeing Company, headquartered in Illinois, holds 30% of the shares.

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144 Marathon Petroleum Company, headquartered in Ohio, holds a 50% stake.

297 Tyson Foods, headquartered in Arkansas, USA, holds 50% equity

360 Macy’s Department Store, headquartered in Ohio, holding 10% equity

443 United Bank of America, headquartered in Minnesota, holds 50% equity

In this acquisition of ten Fortune 500 companies, Wang Guanxi spent a total of US$164 billion in funds, while the No. 1 Fund still has US$156 billion in cash.

All these shares were donated to the Crown Charity Foundation, which controls these enterprises.

Of course, these acquisitions were acquired through multiple funds controlled by the No. 1 Fund, and then donated to the Crown Charity Foundation.

(End of this chapter)