Chapter 1518: The top consortium in Spain!

'250 pesetas per share?'

'You seem to have high expectations.'

'But I can tell you very clearly that today we will consolidate all the shares and announce it to the public.'

'41.39%!'

'This is the current shareholding in Yiw尔德罗拉 that we have!'

'Of course, after the stock market closes today, it may not be as much.'

Curtis Dubois directly threatened with an open hand.

The shocked or terrified expressions of people like Salen Francisco also made him smile slightly, very satisfied.

'You can't possibly have this much stock!'

The old woman snapped back to her senses and said decisively.

'You can choose not to believe it, but you will get the news in the open today anyway,' Curtis DiBua said nonchalantly, then looked meaningfully at the Francisco siblings and said in a low voice, 'Of course, I believe you will soon be able to see us increase our shareholding to 50%.'

'I can confidently guarantee that even if the Banco Bilbao Vizcaya is liquidated, no opponent will dare to compete with us for the shares of Yveldolara,'

'Instead of us buying the shares at a high price now, we might as well just wait it out, and consider it a short sale. And our odds of winning are extremely high, don't you think?'

These words made the group of people across the table angry, but they didn't know how to argue back forcefully.

So the result could only be a compromise.

'A minimum of 240 pesetas per share,' said Saren Francisco, his tone resolute, but Curtis Dubois could hear the insincerity in it.

'We have come here in good faith, so we are willing to go a little further.'

'106 pesetas per share.' Curtis Dubois signalled with his eyes to his assistant on his left, who immediately made a serious offer, but an infuriating one.

It really was a little further!

It was extremely insulting.

The old woman's face twitched, and she couldn't help but choke out, 'I don't feel your sincerity at all. We lowered the price by 10 pesetas, and you're only willing to pay 1 peseta more. This is a joke.'

'Because your offer is too high and seriously out of line with the reality of Iberdola,' Curtis Debois' assistant did not flinch for a moment and retorted forcefully.

'Iberdrola is a company in good health and a leader in new energy sources. You are the ones whose offer is unrealistic!' The old woman was not to be outdone.

'...'

During the intense negotiations, Saren Francisco and the others were constantly being made to eat their words, and their bottom line was lowered again and again.

In the end, the Bright Fund raised the price to 132 pesetas per share, while Saren Francisco's side lowered it to 160 pesetas per share.

Neither side was willing to budge an inch.

At this point, Curtis Dubois employed a simple but effective tactic.

It was the same tactic that Wells Fargo's Phil Simon had used with Saren Francisco just a few days earlier.

He slammed his hand on the table and walked away!

They say that there are only 0 and countless times for compromise.

Facing Wells Fargo's Phil Simon, Saren Francisco finally compromised.

And when faced with the reality of Curtis Dubois, he once again chose to compromise.

In the end, the two sides settled on a price of 138.5 pesetas per share.

The 123.9 million shares held by the Francisco family were sold for 17,106,150,000 pesetas.

The 271.5 million shares held by Banco Bilbao Vizcaya were sold for 37,602,750,000 pesetas.

Naturally, the contracts were signed separately.

When the names were signed, Saren Francisco suddenly felt several years older.

After Curtis Dubois and his subordinates had left with their heads held high,

the old woman saw the unwillingness, anger and loss in her cousin's eyes. She couldn't help but take his hand and comfort him softly, 'Saren, look on the bright side, haven't we been preparing for this for a long time?'

'Look on the bright side. At the very least, we've recovered over 50 billion in liquid funds.'

'Pull yourself together. The family still needs you!'

Looking at the old woman's encouraging and enthusiastic eyes, Salen Francisco said nothing, nodded firmly, then stood up, leaning his hands on the table, and walked towards the door.

...

The shares of Yveldola were sold for a total of 54,762.9 million pesetas, which is equivalent to about 944 million US dollars.

However, only about two-thirds of this amount belonged to the Banco Vizcaya de Bilbao.

For the bank, this was still not enough.

However, the bank would definitely be saved, so the funds in the hands of the Francisco family would ultimately have to be used for the bank.

There were two sides to every story.

Let's say that after Curtis Dubois and the others returned with the fruits of victory,

the Bright Fund quickly pooled all the acquired shares in accordance with the procedures and then immediately announced the results to the public.

At the same time, the percentage of shares held in Yiveldola was disclosed – 80.93%!

This was an extremely astonishing percentage, and it caused a huge stir among the entire Spanish upper class in an instant.

Of course, it was another heavy blow to the prestige of the Francisco family.

The family's core business had been easily taken away by the foreign Bright Fund, and the weakness of the Francisco family was obvious to all.

Some of the family and financial groups that had been itching to move in chose to end their wait and pounced on the Francisco family.

The big shots were circling the Francisco family, and it was not unreasonable for them to follow the big shots and have a little soup.

Saren Francisco could not afford to worry about the trouble caused by these new hyenas.

Because the trouble with the Vizcaya Bank in Bilbao had escalated once again.

What he did not want to see had indeed happened.

Even though he had bribed some of the media, his enemies' media empire was simply too large.

There were endless negative reports of violent clashes between depositors and the bank.

Europe was at least close by, and with better transport links, it was relatively easy to move money around.

But things were different in South America and other regions.

Even though Banco Bilbao Vizcaya had recovered some of its funds, there were all sorts of problems with the exchange and transfer of funds.

It was as if the major banks in South America had an unspoken agreement not to exchange funds with BBVA, even though they had the funds in hand.

As a result, violent conflicts broke out at more than ten branches or outlets in the South American region that day.

Amidst this dire situation,

the Bright Fund came knocking again.

This time, the target of the takeover was changed to Mapfre Insurance!

Although this second financial core was very important, only BBVA was non-negotiable.

Moreover, the current situation of the company was very different from that of BBVA.

The accumulated shareholding of the Francisco family and the bank in the company was only 39.95%.

Faced with the fact that the Bright Fund was once again offering a shareholding of more than 40%, they had to compromise.

As a result, the Bright Fund acquired this 39.95% stake for 68.59 billion pesetas.

Together with the 40.18% previously acquired, this raised the shareholding to a high of 80.13%.

There is a second time for everything.

On the third day, the La Caixa Foundation struck again, forcibly taking over the Grupo Faro, from the Francisco family and the Banco Vizcaya-Bilbao.

This second-largest Spanish construction company was much smaller than the previous two.

A total of 41.64% of the shares only cost 23.988 billion pesetas for the Bright Fund.

Together with the previously acquired shares, the shareholding ratio was increased to 84.28%.

At the same time.

With the power to pressure the Francisco family.

The Bright Fund also strongly took over other acquisition targets.

Those acquisition targets were much smaller in size, and some were even small companies with potential, and they did not have the same powerful background as the Francisco family.

Facing the giant Bright Fund, they all surrendered.

The acquisition of Florentino Perez's ACS company involved an investment of 50 million US dollars to take a 90% stake, leaving him with a 10% stake and allowing him to remain as president.

The investment of 6.25 million US dollars to take a 90% stake in the Inditex Group also left 10% of the shares to Amancio Ortega, who remained as president.

These two are talents recognised by Xia Yu. Leaving them some shares can better motivate them to work hard for the company.

790 million US dollars to fully acquire Banco Santander, founded in 1857.

630 million US dollars to fully acquire the Spanish mobile phone tower company.

1.05 billion US dollars to fully acquire Grifols, Europe's largest blood products company.

The change of ownership of these companies has allowed the Spanish capital market to fully witness the formidable strength of Guangming Fund.

Over 5 billion US dollars of capital was poured directly into Spain.

The entire Spanish political and business community realised that the landscape of the Spanish capital market would undergo huge changes.

Acquiring these companies also allowed Bright Fund to instantly gain a foothold in Spain.

Top companies in the fields of banking, insurance, energy, telecommunications services, infrastructure, pharmaceuticals, etc. served as the front.

Coupled with Bright Fund's own dominant position in the financial investment sector, this was a top Spanish consortium!

This will lead to the decline of one and the rise of the other, and it is only a matter of time before the Francisco family loses its position as the number one.

After the acquisitions were completed, the focus of the Illuminati Fund was on sorting out and integrating the companies. These newly acquired companies all had to realign their development strategies with the actual situation of the entire Illuminati consortium, and there was much to do.

As for the Francisco family?

After the clean-up, the strength of the Francisco family has declined significantly.

Moreover, now that the crisis of the Banco de Vizcaya y Bilbao had not been completely resolved, the allies of the Bright Foundation were still exerting continuous efforts to drive the Francisco family to the brink of death, and Bright Foundation no longer needed to intervene.

Besides, according to the alliance, they had to leave some meat for their allies to eat, didn't they?

After the Spanish battlefield came to an end, George Berkeley, following Xia Yu's orders, decisively turned his guns around and suddenly bombarded Sweden.

The target was the House of Wallenberg!