Latest website: going crazy!

Originally, Saron Francisco was so busy with the bank that his head was about to explode.

All of a sudden, all the listed companies under the family were attacked, which made him want to go crazy!

This has to mention the asset control model of the Francisco family.

Although Franco ruled Spain for decades, the asset expansion period of the Francisco family was actually in the last ten years or so.

In the previous two decades, although Franco was powerful, his appearance was not ugly. Instead, he devoted a lot of thought and energy to the construction and prosperity of Spain.

Compared with the leftists who shout slogans and like to fight in the nest, he seems to be a man of action.

And because he only has one only daughter, although he helped the family a lot, he turned a blind eye to the family's actions under his banner.

Just waited until the later stages of his dictatorship.

Franco's health is deteriorating, his energy is not as good as before, and hostile parties and forces continue to fight back.

The other members of the Francisco family saw that the situation was not good, so they changed their strategy for the long-term future of the whole family and wantonly expanded the family's assets.

The purpose is that one day after the Francisco family loses power in the political arena, they can still have strong capital, and continue to dominate the country like the Agnelli family in Italy.

After all, state assets cannot be blatantly transferred to private names, but as long as there is still power in hand, many things are still easy to operate.

Under such circumstances, the Francisco family tried every means to increase their shareholding in Bank of Biscay, Bilbao, increasing their shareholding ratio to a height of 58.64% in one fell swoop!

Because of the attributes of a listed company in Bilbao Vizcay Bank, such a high shareholding ratio can be said to be a peace of mind.

After firmly controlling the bank.

The Francisco family began to expand wildly.

The second step is to increase the holdings of Manford Insurance, a listed company, from the two directions of the family and the bank.

In particular, the use of bank funds directly increased the shareholding ratio of Manford Insurance to 18.28%!

Coupled with the use of funds by the Francisco family to increase the shareholding ratio to 21.67% of the equity.

Combine the two.

Manford Insurance Company, a listed company, was also included in the bag and became the trumpet financial core of the Francisco family.

After tasting the sweetness.

The Francisco family made full use of the huge funds of the two major financial cores, and began to acquire equity in pillar companies in important fields everywhere.

In the process of this acquisition, it is full of evil of human nature.

But the result satisfied the Francisco family.

The most typical of these is the Iberdrola company.

The Francisco family used their own funds to hold 12.39% of the shares over the years.

But Bilbao Vizcaya Bank holds a 27.15% stake in the company!

therefore.

After the Francisco family obtained voting rights in escrow granted by the bank, it directly controlled Iberdrola, Spain's second largest and privately owned largest power company.

As for whether other shareholders will resist?

Except for the shareholders who have been removed, other shareholders have a positive attitude when they cannot get the control and management rights of the company, and their only purpose is to make money!

Relying on Franco's power and the funds of the Bilbao Vizcay Bank, the Francisco family gave these companies an advantage in their development.

Even if the Francisco family will do some tricks from time to time to gain more benefits, as long as it is not too much, these shareholders will also acquiesce.

So after so many years.

Even after the death of Franco, the political power of the Francisco family has been greatly weakened, as long as there is no problem with the Bilbao Biscay Bank, these companies still have the advantage of consortium-style development in their development.

Even if the development is not as smooth as when Franco was alive, there are still advantages.

In the case of smooth sailing, the shareholders of these companies do not riot or rebel.

But at this time, the Bilbao Biscay Bank is too busy to take care of itself, so it is a different matter!

for this.

How could Saron Francisco not know?

So when the stock prices of companies such as Iberdrola, Manford Insurance, Farolio Group, etc. were severely suppressed.

He panicked completely.

These days, facing the situation where the capital chain of Bilbao-Bizcay Bank is almost exhausted, he is dealing with other investment assets, or trying to find other ways to raise funds, and he has not sold the shares of these important companies. idea.

And at the beginning, the stock price of Bilbao Biscay Bank was suppressed, and he didn't care.

After all, the Francisco family controlled the bank and did not mortgage the bank's equity for a loan, so the stock price fell temporarily, so it fell, and it would be fine to get over it.

But other companies' share price plunges are not the same.

The funds of Bilbao Vizcaya Bank, Manfort Insurance Company and the Francisco family were not endless after all.

In order to expand quickly, their family used revolving loans to purchase part of the equity and then acquired more equity with less funds through pledge or targeted bond issuance.

Now the stock prices of these companies have plummeted, which brings huge risks.

If you have money.

It is still a good thing for the Francisco family, it is nothing more than buying the bottom to save the market.

At the same time, they will definitely thank the enemy for being a living Bodhisattva, helping to suppress the stock price and reduce their acquisition costs.

But the same thing, now that the Francisco family and the Bank of Vizcaya in Bilbao are running out of money, it has become a reminder!

Even he couldn't prevent other shareholders from carrying buckets and running away, pushing the Francisco family into a deeper pit!

So Saren Francisco immediately contacted her cousin, the only daughter of Uncle Franco, Carmen Francisco, a sixty-two-year-old woman.

She is another central figure in the family!

Less than fifteen minutes.

Carmen Francisco came to the headquarters of the Bank of Biscay in Bilbao and met his cousin Salen.

Seeing the arrival of the cousin, Saren Francisco, who was dispatching work urgently, sent his subordinates away after giving instructions in a few words.

"Cousin, great, you're finally here!"

Seeing her cousin's red eyes and somewhat withered face, Carmen felt distressed and helpless.

"Salen, you have worked hard these days!"

"It is my responsibility."

"Let's not talk about this, cousin, please sit down first and read the information first."

After the cousin sat on the sofa, Saren handed over the simple information on the stock market that she had just ordered to collect.

The latter took out a glasses case from his bag, put on reading glasses and looked carefully.

After all, it was only collected in a short period of time, so the information is not long.

But there is a lot of key information.

After a few minutes.

The old woman frowned, looked at Saren Francisco with a heavy expression, and said, "Now the stock prices of these companies have fallen by more than 10%, and even worse, they have fallen by more than 20%. If you continue to If you let it go, there is a high possibility that there will be a risk of insolvency. Many people know this news, and it will have a new round of impact on the family bank!"

Saren Francisco nodded heavily and sighed: "This is one aspect that worries me."

"The only way to solve the trouble ~lightnovelpub.net~ is to spend money to save the market, but at present we are short of funds, so we may have to abandon some companies in order to withdraw funds to keep the banks and other companies."

"But I have bigger worries."

"Where do you think the stock that the enemy is dumping heavily will come from?"

The old woman was taken aback for a moment, and then her face changed drastically. Because she was so excited, the wrinkles on her face trembled a few times.

"Do you suspect that the enemy has acquired a large number of shares in those companies of the family?"

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