Five hundred and seven acquisitions of 10 Fortune 500 companies (2)!
Latest URL: Luo Baowen asked curiously: Boss, why did you acquire so many retail companies?
There are so many retail companies now, is it time to buy all the retail department stores in the United States?
Wang Guanxi smiled and said: The retail company has too many employees, hundreds of thousands of employees at every turn, many of them are Americans, and Americans with voting rights. What I need is control and influence. Besides, this department store is also very profitable. Yes, when the market value rises in the future, I will sell a certain amount of equity, and the shareholding ratio is about 30%.
In fact, to control a large company, it is enough to hold more than 30% of the shares, not necessarily more than 50%.
Of course, the banks controlled by Wang Guanxi all hold 50% of the shares, so he can rest assured.
Okay! Luo Baowen nodded, and asked again: Boss, is there still an acquisition?
Of course, it won't stop. Wang Guanxi said with a smile: Increase the influence of the consortium.
Then within a few days, Wang Guanxi started another big acquisition.
From Tianda Asset Management Company, it acquired 33% of the shares of UnitedHealth Group, and acquired 17% of the shares in the market.
UnitedHealth Group is a diversified health and benefits company founded in 1974 with 75,000 employees headquartered in Minnesota, USA.
The company is committed to improving the overall health and well-being of the people it serves and their communities, and enhancing the effectiveness of health systems.
The main business includes prescription solutions, publishing data, optimal health departments, healthcare services, etc. Operating in all 50 U.S. states and internationally, it provides comprehensive health care services to health care providers in all fields, including: individual consumers, employers, governments, commercial payers and intermediaries, care providers from doctors to hospitals, pharmaceutical companies and medical equipment manufacturers.
Last year's operating income was as high as 101.8 billion U.S. dollars, with a net profit of 5.14 billion U.S. dollars.
The total assets are 67.8 billion US dollars and the net assets are 28.3 billion US dollars.
The current market value is 41.5 billion US dollars, and the future market value will exceed 400 billion US dollars.
Now it ranks 61st in the world's top 500 rankings.
Acquired a 50% stake in it at a premium,
Wang Guanxi spent 30 billion U.S. dollars.
Although it cost 30 billion U.S. dollars, Wang Guanxi has a lot of money and doesn't care anymore.
Continue to buy.
Soon, he acquired 5% of Procter \u0026 Gamble's equity from JF Asset Management Company, and 25% of Procter \u0026 Gamble's equity from DuPont Consortium and Cleveland Consortium!
The Procter \u0026 Gamble Company is headquartered in Cincinnati, Ohio, USA.
It is also a local enterprise in Ohio, and Wang Guanxi is very enthusiastic about it.
Founded in 1837, Procter \u0026 Gamble is one of the largest consumer goods companies in the world.
Nearly 110,000 employees worldwide.
Procter \u0026 Gamble is well-known in the household chemicals market. Its products include shampoo, hair care, skin care products, cosmetics, baby care products, feminine hygiene products, pharmaceuticals, fabrics, home care, personal cleaning products, etc.
Last year, the operating income was US$81.1 billion and the net profit was US$11.7 billion, which is very high.
Total assets are US$138.3 billion, liabilities are US$70.3 billion, and net assets are US$67 billion.
Procter \u0026 Gamble ranks 66th in the world's top 500 companies.
At present, Procter \u0026 Gamble has a market value of 114 billion US dollars, which is still the company with the largest market value acquired by Wang Guanxi.
The acquisition of 30% of the shares is a premium, which cost Wang Guanxi 45 billion US dollars.
It is conceivable how expensive it is.
But it's worth it. Wang Guanxi intends to make Ohio his stronghold.
The jf asset management company, the DuPont consortium, and the Cleveland consortium received 45 billion US dollars, which is quite satisfactory.
Luo Baowen said in surprise: Boss, 45 billion US dollars, you are too willing, is it worth it?
Wang Guanxi smiled and said, Of course it's worth it. The DuPont consortium and the Cleveland consortium jointly operate Procter \u0026 Gamble. They didn't choose to move the production line out of the United States. I directly moved the production line of Procter \u0026 Gamble out of the United States. It makes a lot of profits every year, and when the dividends are paid out, the profits will be quite large. If the annual dividends are more than 15 billion US dollars, it is not bad to pay 4.5 billion US dollars in dividends for 35% of the equity. It will pay back in 10 years, and the stock price will continue to rise. The market value will also go up, and then I will sell some stocks and keep 30% of the shares.”
In the future, the market value of Procter \u0026 Gamble will also exceed 350 billion US dollars.
At least Wang Guanxi will not lose money, and he can also enjoy high annual dividends.
Then, without stopping, the acquisition continued.
Soon, Wang Guanxi acquired a 40% stake in McKesson from Schroeder Investment Management Company.
McKesson Corporation is a leading global provider of supply, information and healthcare management products and services.
The products and services offered are designed to reduce costs and improve quality throughout the healthcare industry.
The company's solutions help healthcare professionals deliver services efficiently and increase capacity.
The company provides supply chain management services not only for pharmaceuticals, medical/surgery, but also for integrated delivery networks, a large number of hospitals and clinics, etc.
Its headquarters are in San Francisco.
Last year's operating income was US$112 billion and net profit was US$1.28 billion.
Total assets are US$30.8 billion, liabilities are US$23.6 billion, and net assets are US$7.2 billion.
The current market cap is $10 billion.
It ranks 34th among the top 500 companies in the world.
The acquisition of 40% of the equity was a premium acquisition that cost US$5 billion.
Then Wang Guanxi listed a table.
The world's top 500 rankings, as well as the location of the company's headquarters.
23 Ford Motor Company, headquartered in Ohio, holds a 40.8% stake.
34 McKesson Corporation, headquartered in California, holds a 40% stake.
43 Cardinal Health, headquartered in Ohio, holds a 10% stake.
61 UnitedHealth Corporation, headquartered in Minnesota, holds 50% of the equity
66 The Procter \u0026 Gamble Company, headquartered in Ohio, holds a 30% stake.
70 The Kroger Company, headquartered in Ohio, holds a 50% stake.
79 Costco Corporation, headquartered in Washington State, holds a 50% stake.
98 Target Corporation, headquartered in Minnesota, holds a 50% stake.
91 Boeing, headquartered in Illinois, holds a 30% stake.
.144 Marathon Oil Corporation, headquartered in Ohio, holds a 50% stake.
297 Tyson Foods, headquartered in Arkansas, USA, holds 50% of the shares
360 Macy's, headquartered in Ohio, holds a 10% stake
443 U.S. Bank, headquartered in Minnesota, holds 50% equity
This acquisition of ten Fortune 500 companies cost Wang Guanxi a total of US$164 billion in funds, while Fund No. 1 still has US$156 billion in cash left.
All these shares were donated to the Crown Charitable Foundation, which controls these enterprises.
Of course, these acquisitions were all acquired through multiple funds controlled by Fund No. 1, and then donated to the Crown Charity Foundation.
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