Chapter 1517: Cutting the meat to begin

The two branches where the violent incidents occurred are both in the urban area of Madrid.

They are not far from the bank's headquarters.

When Saren Francisco arrived at the closer branch with his cousin, he saw that the scene had been cordoned off by the police.

However, the area was densely packed with people, most of them indignant, and many of them gathered with signs.

'Return my savings'

'My child is waiting for me to withdraw money for milk'

...

These slogans and banners were written on wooden signs, cardboard, white cloths, and clothes that had been torn off at random, and the colours of the writing were equally diverse.

The police officers maintaining order at the scene kept calling on the crowd to remain calm, while the bank staff hid inside and dared not come out.

Through the glass doors and windows, they could be seen inside, making phone calls non-stop.

Of course, what most irritated Saren Francisco were the media reporters, who were carrying long cameras and short cameras, and were constantly interviewing and taking pictures.

At this moment, he wished that all the damn reporters would die.

However, he dared not get out of the car and appear at the scene, otherwise the media reporters would only become more excited.

If things went wrong, and the emotions of the gathered crowd were not controlled, it would be dangerous for his life and the life of his cousin.

'Saren, although you have just instructed someone to transport cash to these two branches, the fact that this has happened and the media have exposed it will make the bank's situation even more difficult!'

'Not only will everyone see the bank's weakness, but it will also give depositors the wrong idea that they can quickly get their money back whenever there is a violent incident!'

'Especially as the enemy will definitely use the power of the media in their hands to maliciously amplify it!'

'We must reduce the impact, even if it is just a small part, or even just a little delay.'

The old woman sitting in the back row with Salen Francisco had a heavy expression on her face, and promptly reminded him with an analysis.

'I know!'

After saying that, Salen Francisco took out his mobile phone, dialed a number, and immediately instructed the other end of the line, 'For the two branches involved in the incident, immediately have someone count the media present, and at any cost, buy them off, get them to destroy the photos and videos, and promise not to report on it...'.

After quickly arranging the task, he instructed the driver, 'Go to the other branch.'

The driver nodded and then shifted gears to start the car.

Just then.

Saren Francisco's phone suddenly rang.

'Hello!'

'...What? Curtis Dubois of the Bright Fund wants to buy a stake in Yveldolara and has asked to meet with me?'

'Okay, I'll be right back. You guys get ready.'

'Back to headquarters!'

After giving the driver his instructions, Saren Francisco looked at his cousin beside him with a heavy heart: 'Cousin, it seems that the Bright Fund has almost acquired all of Yveldolara's shares!'

'Now what do you think we should do?'

The car drove quickly forward.

The old woman frowned for a long time and then said, 'Our family owns 12.39% of the company's shares, and the Banco Bilbao Vizcaya Argentaria owns 27.15%. Together, we own 39.54%. With this shareholding ratio, we are relatively safe.'

'It is relatively difficult for the Bright Fund to acquire a stake that exceeds ours, but it is not impossible!'

'But even if they surpass us, as long as they don't reach 50%, then our struggle is still within manageable limits.'

'But the key is still in the hands of the Banco Bilbao Vizcaya!'

Although my cousin didn't say it explicitly, the meaning was clearly expressed, just as it was in the attitude in the office just now.

The only non-saleable item in the family is the Banco Bilbao Vizcaya!

The pitiful amount of liquid capital of the bank came to mind.

And the scene of the violent conflict at the Madrid branch that I had just witnessed.

Saren Francisco clenched his fists and remained silent for a long time before reluctantly saying, 'It depends. If there's no other way, we'll have to sell.'

'Of course, the price has to be as high as possible!'

Forty minutes later.

In the meeting room of Banco Bilbao Vizcaya.

On either side of the long oval table sat five or six people.

On the side by the door was the acquisition team from Bright Fund, led by the suddenly famous Curtis Dubois.

On the wall side, in the centre, were the siblings Saren and Carmen.

Bright Fund and the Banco Vizcaya de Bilbao had already broken off relations, and this time they had come to bully the company.

Naturally, the negotiation methods were different from before.

So Curtis Dubois, with a cold expression, went straight to the point.

'Mr Francisco, this is our company's letter of intent to acquire Yiwu Delola and the valuation materials. You can have a look.'

Looking at the materials sent to him by his enemy, Saren Francisco tried to calm down and then slowly opened it.

The others followed suit and opened it to read it.

Since it was a hostile takeover and the stock price had been driven down frantically in the past few days, there was no doubt that the valuation and the price offered were very low.

The offer price was 105 pesetas per share.

It was not far from yesterday's closing price.

The price was not low.

Just a few days ago,

the share price of Iberdola was still around 170 pesetas per share.

If it hadn't been for the malicious price suppression in the past two days, the share price would never have plummeted by nearly four times!

"Bang!'

'You've gone too far. We never intended to sell our shares in Iberdola in the first place, and now, after seeing your offer, I'm even more determined!'

Saren Francisco folded the materials together, slammed the table heavily, and looked angrily at Curtis Dubois across the table.

Curtis Dubois was not impressed. He shrugged and said, 'Mr. Francisco, if you were willing to sell your shares, we wouldn't be sitting here right now.'

'Everyone in the capital market knows that the Banco Bilbao Vizcaya is selling assets at low prices to raise funds to save itself.'

'If you don't want to sell, we can wait, but I'm not sure if you'll still be the ones negotiating with me when the time comes.'

'And I'm looking forward to even lower prices when the assets are liquidated!'

These words were very irritating, and every sentence provoked Saren Francisco's nerves, making his veins bulge with anger.

Just as he was about to lose his temper, the old woman sitting next to him pressed his thigh under the table and then said with a solemn face, 'Mr. Dubois, if you really want to buy, then you shouldn't provoke and provoke in this way. This will only show that you are very uneducated.'

After her tirade, the old woman returned to the original topic without waiting for Curtis Dubois to speak: 'The share price of Iverdora has been maliciously suppressed by you. The offer price of 105 pesetas per share is only about the same as yesterday's closing price, but it is far from the true value of the company and cannot be used as a reference. It can only deceive and exploit some foolish investors.'

'Your takeover bid for Iberdola has been going on for two months now, and I don't think the average price you're paying for the shares is less than 200 pesetas per share.'

'Our family and the bank together hold nearly 40% of the shares, and we have always retained control of the company.'

'By buying our shares, you will be able to own the company outright.'

'So the value of our shares can only be higher than the value of the shares you bought from the other shareholders.'

'If you really want to buy, we can sell you at 250 pesetas per share.'

The old woman spoke with great logic and reasoning.

But after hearing this, Curtis Dubois couldn't help but snicker.

How could he possibly agree to this price?

If they really bought at this price, the Francisco family and the Bilbao Biscay Bank could recover nearly 100 billion pesetas in total, which is equivalent to nearly 1.7 billion US dollars!

It really made them bleed.

How could they continue to take advantage of them?

He couldn't report back to the boss!