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752 After all, it’s still an interest

A 17% stake, only 34% support can make decisions about Citi's everything and decisions.

There have been rumors within that at least 60% to 70% of shareholders have publicly supported him.

With such a high approval rating, it’s really not too easy to get 34% of allies.

Two days later, at 10 a.m., Li Changheng appeared at the signing ceremony with an excited face.

The guests who had been waiting for the scene were, except for dozens of high-ranking New York and camera crews from three TV stations that had obtained live broadcast qualifications.

Hundreds of reporters all had chicken blood.

Holding a camera, a tape recorder, a pen and a notebook, he was frantically trying to squeeze out the security of two walls of humans and squeezed towards Li Changheng.

In the past two days, because the National Council Review Committee announced the press conference to approve Li Changheng's stake in Citi, the whole United States and the capital world have already known that Li Changheng will become Citi's largest individual shareholder.

But after being surprised and shocked, the public wanted to know more about the specific amount of the transaction.

And what price did Li Changheng pay that made 93% of Citi shareholders vote in favor.

Even in the rumors, even Rockefeller put aside his prejudices and competition concerns and instead welcomed him.

As for Morgan, he and 7% of the other shareholders chose to abstain.

That is to say, no force in Citigroup voted against it.

It is not only unique in the history of acquisitions of super giant enterprises, but also indirectly reflecting that the price Li Changheng paid is definitely not low.

After taking Anne and spending more than ten minutes to greet dozens of people, Li Changheng and the Chairman of the Citigroup Sense Bureau signed their names on the contract, stood up and took the contract, and asked the reporter to take photos.

This was the question session that Li Changheng disliked the most but had to go through.

"Lord Selby, can you tell us how much money and price you spend on investing in Citi?"

Li Changheng thought for a few seconds and said with a smile, "1 billion US dollars in cash, plus additional conditions, it's about 1.5 billion."

"God,,,,."

Although everyone is mentally prepared, it is still unacceptable to hearing about 1 billion US dollars in cash.

The tens of millions of Americans who were paying attention to this matter in front of the TV were even scared by 1 billion cash and their hearts were pounding.

This is real cash, not share swaps or installment payments.

In the United States and even the world, except for major commercial banks, not to mention taking out 1 billion US dollars in cash, few companies can even get out 100 million US dollars.

Not to mention it personally.

While countless men were envious, jealous and hated, countless women wanted to replace Anne and become Li Changheng's fiancée.

There were countless Englishmen who were listening to the radio and knew about it, and they were amazed and cheering loudly.

Since statistics have been made, the entire royal family has only been about 500 million pounds.

If it were 4 or 5 years ago, it would have been 2 billion.

But now, after all, it is less than 1.2 billion.

Fortunately, after the English felt aggrieved, they thought that if the two got married, half of them would immediately be richer than the entire royal family based on Li Changheng's assets.

Even in case of divorce, England will probably welcome the richest princess and women in the world.

Unfortunately, Li Changheng would not belittle or underestimate Anne, but it is impossible to divide half of the divorce.

He didn't even have to wait until he got married to consider this matter. At the beginning of 1971, his main assets were already controlled by the cross-holding offshore funds.

Moreover, Annie's thoughts were all about everything at that time. When he gave up on the moon, he saw that he could not persuade him, the little girl was angry and signed a dozen contracts without looking.

If the two really break up and have a divorce, it should be fine for Anne to become a billionaire. After all, many assets are not cash, but shares.

Any share of shares in a few companies is enough for Anne to be rich for the rest of her life, but she still doesn't think about half of it.

However, due to family funds, the two children must have a large proportion of inheritance rights.

By the way, Anne and her children have no share in the industry on Hong Kong Island.

.........

More than 100 people at the signing site. After amazement, some people with strong computing power soon calculated silently in their hearts, and exclaimed and whispered again.

Citi's external valuation was 6.1 billion half a month ago. After the news of Li Changheng's acquisition came out, its stock price soared to 7 billion without surprise.

But the 17% stake was US$1.19 billion, and Li Changheng offered 1.5 billion, which means that the premium was much beyond the outside world's expectations.

Not more than 50%, but only 29.3%.

If Citi is willing to sell shares to the public again, let alone major consortiums, even ordinary rich people will definitely mobilize the largest amount of funds and rush to buy them.

The reason is very simple. As long as the United States does not collapse, the economy will still be in a period of rising. In a few years, ten years will be available.

The stock price will always rise to more than 30%, and the identity advantage brought by Citi is by no means comparable to a little money.

Otherwise, Li Changheng would not have wanted to invest in Citigroup so eagerly.

Moreover, everyone on the scene quickly understood that in addition to 1 billion cash, additional conditions worth 500 million US dollars are the key to investing.

"Sir, can you tell me how you impress 93% of shareholders and let 7% of shareholders abstain from cash?"

Li Changheng looked at the chairman of the board, Alan Guy, and Citi vice president Taylor Garner.

Seeing the two of them shrugging, they signaled him to be at will.

Even Alan Guy, who had been opposed before, was worried that he would take away the identity of Chairman of the Board, looked at him with a kind smile on his face.

Li Changheng almost couldn't help but frowned, and then sighed helplessly in his heart. The capitalist is worthy of being a scavenger of money.

And it only depends on short-term interests.

Of course, if Li Changheng doesn't have a chance, he will probably be the same as the shareholders. After all, no one can meet him. Citi's future market value will exceed one trillion US dollars.

So, he just brought his supporters and shareholders he had opposed before into several projects, and the guys immediately surrendered.

After thinking for a while, Li Changheng smiled and said, "Since Chairman Alan Guy is unwilling to show off, I am honored to announce it.

In the next three years, Citigroup will not only enter the production of scientific and technological crops without soil but also without any agricultural-medicine.

We will also try our best to cooperate with major media groups to develop a new sales model that is enough to change the entire sales industry.

Third, I will invest 100 million US dollars and obtain a 35% stake in Xerox for a word processor invention worth 30 million US dollars.

Starting today, Citi will officially enter the office automation and personal computer industries under my leadership.”
Chapter completed!
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