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506 acquires ten Fortune 500 companies (1)!

Looking at the $320 billion in funding, Wang Guanxi was drunk.

$320 billion in cash, which is more than money stored in the bank, and it is worth tens of billions of dollars in interest every year.

But it will not exist in the bank, but it will still depreciate in the bank. The stock market is still in a downturn, and the stock prices of many large companies are not very high.

Wang Guanxi plans to ask for more than 100 billion US dollars to acquire the Fortune 500 in the world to increase his control and influence.

"Big acquisition, contact the Fortune 500 companies I want to acquire right away!"

“Yes, boss”

The days to come.

The Crown Family Foundation acquired United States Bank from Franklin Group.

It was founded in 1895 and is headquartered in Minneapolis, Minnesota.

United Bank has $307.7 billion in assets and a net worth of $29.5 billion, and it is now the fifth largest commercial bank in the United States.

The company has 3106 offices and 4842 Atm machines. It provides complete financial brokerage services through its subsidiaries and Atm ATM machines, and provides banking, brokerage, insurance, investment, mortgage, trust and payment services to consumers, enterprises and institutions.

Currently, United Bank is a Fortune 500 company in the world, ranking 443rd.

Last year's operating income was US$18 billion and net profit was US$3.2 billion.

The market value is now US$37 billion, and the future market is US$88 billion.

The acquisition of 50% of the equity was a premium acquisition, which cost $25 billion.

A week later, No. 1 Fund acquired Tyson Foods from Traveler Property Insurance Group.

Tyson Foods, a well-known food brand, was founded in 1935 and is headquartered in Arkansas, USA. It is one of the world's largest producers and suppliers of chicken, beef and pork.

It is also a top 500 company in the world, ranking 297th in the world, with operating income of US$28.4 billion and net profit of US$733 million.

Its net worth is $5.1 billion.

Although it ranks higher than that of United States Bank in the Fortune 500 because of its high sales, its current market value is US$7 billion.

It directly acquired 50% of the equity, of which 40% was acquired from Traveler Property Insurance Group and 10% from the market, spending a total of US$5 billion.

Another half month later, Fund No. 1 acquired Marathon Oil Company from Boston partner Global Investment Company.

Marathon Crude Oil Company is headquartered in Ohio. It mainly conducts refining and sales, retail sales and pipeline transportation operations in the Midwest, Gulf Coast and Southeast Asia.

Today the company is also one of the largest independent petroleum product refineries, sellers and transporters in the United States, the largest east of the Mississippi River.

It ranks 144th in the Fortune 500 in the World.

Its operating income is US$62.5 billion, but its expenses are extremely large, and its after-tax profit is US$600 million.

Its total assets are $23.2 billion and its net assets are $8.2 billion

Marathon crude oil companies are now worth US$8 billion.

Wang Guanxi directly acquired 50% of the shares, and the other party was willing to sell the controlling stake by 1 times, spending $8 billion.

This marathon crude oil company is Wang Guanxi's other Fortune 500 company in Ohio. Its business is mainly in the Midwest of the United States and has a huge role in his consortium, so he is willing to spend 100 more.

Half a month later, he acquired 15% of Boeing's equity from Qianjin Insurance Company and 20% of the equity in the market.

Boeing is a company under the Citigroup, with its headquarters in Chicago, USA, ranking 91st among the top 500 in the world.

Citigroup controls 35% of Boeing's equity.

Boeing's stock price has risen a lot due to Wang Guanxi's purchase. The current market value of the arms giant is US$33.8 billion, and its future market value exceeds US$120 billion.

This time, Wang Guanxi acquired 30% of the shares, spending a total of US$12 billion.

Previously, Wang Guanxi's arms company Sikorsky Aircraft Company operated with Citi Consortium. Now Wang Guanxi also asked to jointly operate Boeing with Citi Consortium, and Wang Guanxi wanted to arrange his own troops in Boeing's arms giant.

Retired generals, or people who have a relationship with military industry.

Citigroup agreed to Wang Guanxi's request. At the same time, Citigroup has long held 20% of the shares of Macy's Department Store, but they are all Class A shares and also own 20% of the shares of marathon crude oil company. Citigroup hopes to jointly operate Macy's Department Store and marathon crude oil company.

Wang Guanxi also agreed.

Citigroup arranged directors to join Macy's and Marathon crude oil companies, and Wang Guanxi also arranged for horsemen to join Boeing.

After acquiring 30% of Boeing's equity and joint operations, Wang Guanxi acquired 35% of the equity of Target in the United States from Southwest Financial Group and 50% of the equity of other financial institutions.

It is the second largest retail department store in the United States after Walmart and is also a component of the US S&P 500 index.

Headquartered in the US market in Minneapolis, Minnesota, it is the same as United States Bank.

More than 280,000 employees.

Last year, revenue was US$67.3 billion and net profit was US$2.9 billion.

Total assets are US$43.7 billion and net assets are US$15.4 billion.

The current market value is US$18.6 billion, and the future market value exceeds US$120 billion.

Wang Guanxi's acquisition of 50% of the shares was all acquired at a premium, spending $11 billion.

After acquiring Target, the United States, it still cannot be stopped.

Within two days, Wang Guanxi acquired 40% of the shares of Costco from Fidelity Investment Group and also acquired 10% of the shares in the financial market.

Costco is the third largest retailer in the United States and the ninth largest retailer in the world.

Founded in Seattle, Washington.

Costco is the founder of the membership warehouse wholesale club. Since its establishment, it has been committed to providing high-quality brand products to members at the lowest possible prices.

Its operating income last year was $88.9 billion and its net profit was $1.46 billion.

The net worth is $12 billion.

The current market value is US$28.7 billion, and the future market value exceeds US$200 billion.

Ranked 79th in the top 500 in the world.

Wang Guanxi's acquisition of 50% of the shares was also a premium acquisition, spending US$18 billion.

A week later, Wang Guanxi launched another acquisition.

This time, it acquired 30% of the shares of Kroger from Invesco Investment Management and 20% of the shares from the market.

Kroger was founded in 1883 and is headquartered in Cincinnati, Ohio. It employs 449,000 full-time employees and is one of the largest supermarket chain operators in the United States.

Last year's turnover was US$82 billion and net profit was US$1.17 billion.

And its total assets are US$23.5 billion and its net assets are US$5.3 billion.

The current market value is US$7.58 billion, and the future market value exceeds US$34 billion.

The ranking is 70th in the top 500 in the world.

Wang Guanxi's acquisition of 50% of its equity was a premium acquisition, spending $5 billion.
Chapter completed!
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