Chapter 78 United Finance (2)
Leo was stunned at first, and then suddenly realized that credit could still play like this? It was really eye-opening! He understood the huge gap between textbooks and practice, and he urgently needed to improve his comprehensive abilities in all aspects in front of these mature bankers.
Of course he also knew that these were all edge balls, and he really couldn't escape if he checked, but the president had something to say: "I have someone above!"
In Italy, as long as there are people, this matter is much easier. Besides, breaking through credit restrictions is not for speculation, but for the development of Italian industries. It is said that the United Group is a national policy group, so how can it not be taken care of?
After chatting for an afternoon, Francesco talked a lot about his ideas because of his daughter's problem, which generally matched Contini's idea. However, how could a banker who is more experienced, more experienced, more experienced, and more secretly able to secretly manage underground finances for the Pope?
Francisco said that he would come forward to negotiate terms and treatment with various acquisition targets, and ensure that employees and main management are stabilized: after all, after the establishment of United Bank, it will also employ people and operate normally. How can we not be a stable employee team without a stable business? Of course, for the convenience of management, these banks' employees and management teams will disrupt and re-arrange them, and try not to let a system control a branch. Wouldn't it be a change of soup or no medicine? In addition, he brought Leo attention that these banks have more or less violations, so don't make any statement after intervening. Whoever jumps out and dares to dissatisfies, use these violations to sanction. With the relationship between United Group in the government and judicial circles, the other party will be guaranteed to sit in the iron window.
Contini admired his serious attitude towards entering the work role so quickly. To be honest, he is many times better than Mussolini who was later foolish!
After sending Francisco away, Antonio hesitated for a long time and finally spoke: "Young Master, your motivation to give Vivian shares today is good, reflecting your usual responsible attitude. Since things have happened, it is best to deal with it like this. But is it inappropriate to give 10% of the shares at once? Or too much? Vivian gave 10%, Adriana, you must give it, and then there may be others. If you really marry the leader's daughter, it is unreasonable not to give 25%? If this continues, you will have too few shares directly, and in the future..."
Contini smiled: "Uncle Antonio, you have been worried about it. This matter is actually very simple. Do you still remember a special rule in the charter of the United Group?"
"Let me think about it...oh... which one?"
"Stock shareholders who hold the controlling stake in the company can make separate capital increase without the consent of a minority shareholder, but other shareholders are allowed to increase capital according to the same conditions." Contini smiled, "Not to say, give 10%, or give 20%, 30%. In a few years, as I increase my capital in huge amounts, their equity will be diluted... Now give Vivian 10% of the shares, deducting the 6 million she paid, in fact, it is equivalent to giving him $15 million at one time and retaining the right to increase capital, but how much money can she spend to increase capital in the future? If she cannot increase capital, her shares will be continuously diluted."
Antonio suddenly realized.
"Even if she can take out money, it doesn't make any sense to increase the capital of United Group, because United Group itself is a loss-making company, and its assets are increased by investment accumulation. As long as there is no capital increase, the shares will be reduced day by day. The things that can really increase value are completely in my hands, not part of United Group." Contini smiled, "Of course I won't let her shares dilute too much. Every year I will allocate a sum of money from my hands to cooperate with the capital increase. On the one hand, I will continue to flow and on the other hand, I have the full initiative. I can still control the whole situation! Not to mention Vivian, even if Adriana is added, it will not cause uncontrollable consequences."
This sentence is true. United Group lost more than 200 million lira in 1923, and it was not finished in 1924, and the loss has exceeded 300 million. With more projects starting and large investment in equipment and funds, the losses in 1925 may be between 400 million and 500 million. Of course, the loss in the next two years is so large that it is purely on the books. The assets purchased by United Group have begun to increase in value. Not to mention, the land and residences around a few rapid lines have greatly appreciated. As the population and employees increase, the prices of industries in the workers' new village will also rise sharply, which is nothing more than the cost price on the accounts.
Contini smiled, "In other words, without this faucet, the United Group's bouquet of flowers will wither soon, and how much money do I have in the stock market?"
Antonio quickly calculated and said in a lost voice: "More than 2 billion US dollars? As many as United Group's total assets are currently!"
"So, don't worry about me losing control!" Contini laughed, "Vivian, Adriana's family background is still very important. I am not a person who dares to pull any woman on the bed. First, I have to be destined, second, have strength, and third, have feelings, otherwise it will only be bad things. You see, Monica is also quite beautiful, and she is also my life secretary. In terms of work ability and social skills, she is stronger than Vivian. We have a lot of time together. In general companies, she almost sits in this position.
It's like the president's lover who has been labeled. But why don't I eat her? Just because she is a little bit polite, it's normal for a professional woman who is normal and motivated. But for me, work relationships plus male-female relationships, things will be broken and the company rules will be destroyed. If she is in ibc, she will be sure to interfere in this and that in two days, but have you ever seen Vivian or Adriana and Goebbels have had a conflict? No! So Monica is just my work assistant. I won't sleep with her, let alone develop into a lover."
Antonio nodded, and the young master was still very accurate in Monica: During his time in the United States, Monica flattered and pleased Ada, who was several years younger than her. Is she currying for the leader? Of course not, this is currying for Contini, and Adriana and Vivian never did this.
"In addition, there is another consideration for this arrangement..." Contini pondered, "My current status and the strength of the United Group are based on a political influence. I personally think this influence can last for many years, but history and politics often undergo sudden changes. I cannot guarantee that this political influence will continue for a long time. To put it in a bad way, once the leader encounters an unexpected situation or I encounter an unexpected situation, the overall risk is very high, and there is a possibility of overall collapse.
This is the biggest gap between us and old consortiums like Fiat and Ansaldo. I have achieved wealth soon, but I have no foundation. I must prepare for it: Vivian is pregnant with my child, and I don’t know if I can have a second child, but the first one will be seen soon. They must be arranged for them. If you want to take revenge in the future, it will still be implemented on this child, so you can’t be wronged. She may not value shares or money, but for a child, these are the basic elements of success in the future, and he can avoid many detours. If Adriana has my child in a while and operates according to this idea, I will not favor one or the other.
So, I plan to go to Switzerland in a few days to set up a secret trust fund and leave a portion of the US stocks and other industries for them. If I encounter an accident or my child grows up to 18, it will be activated immediately, with Vivian as the guardian. Uncle Antonio, this trust fund will also have yours! This is a way out for our family, but it cannot be let my father and the others know at this time."
After hearing Contini's words so serious, Antonio nodded: Indeed, judging from the current situation, talent is the first, and money is just a number.
A few days later, Francisco called Contini and told Contini that the negotiations on acquiring various banks were almost done. The total price was $25 million to acquire 75% of the shares of 14 small and medium-sized banks. This was of course cheap enough to be cheap. Without this round of impact and the high pressure of the central bank, it would not be enough to double it. After the acquisition of United Group, the name change was uniformly changed, and the main management and employees remained unchanged, and the treatment remained unchanged, inherited all creditor-debtor relationships and restored the original business relationship.
Of course, there will definitely be some rectification and sorting work after the acquisition. All business premises will also be decorated and unified. He believes that around the New Year of 1925, it can be operated and faced with the public in a new image. Since it is an acquisition of old banks, there is no application problem with the central bank and the Ministry of Finance. Registration is just a form of a form of Contini’s failure to deal with it.
"Very good, you can find members of your team. We need to introduce new talents to serve the company. I have no idea about employing people. Italians, Germans, and Jews can do it."
However, it is not that simple in personal issues. Francisco told Contini: Vivian refused to accept the plan of getting married, even if she knew it was a fake marriage and fooled the public, she would not agree. She went over and over again and said only one sentence: "Except for Calais, no matter whether it is true or false, I will never put on a wedding dress for other men in this life!"
"So?" Contini's brows were frowning tightly, and he felt half sad and half distressed.
Francisco replied hesitantly: "I can only let her stay abroad for a while, and wait until the child is born before coming back. Then I can only say that the child was adopted..."
"Go to Switzerland, I'll make arrangements! Tell Vivian that I will always love her. After this child is born, I will be the child's godfather..." Contini said in a very sorry tone, "I will be sorry for her in this life... I hope she can forgive me in the future."
"I will..." Vivian, who had been listening next to him, burst into tears, "I love you too, Calais!"
Chapter completed!