Chapter 455: Frightened Porsche executives
"Mr. Louis, I'm over the award." Mawei said, looking at his subordinate standing beside him, signaling that he could start to act.
Long before, he had completed all the relevant procedures in Germany and registered a good company, waiting for it to come in handy. Including those traders, Mavi had already found good candidates, so he waited for him to issue orders and then executed them.
After receiving the instructions, the subordinate immediately took out the satellite phone, and after the other end was connected, he handed it to Ma Wei, "Boss, the phone number. Everyone is online."
"Yes." Ma Wei took the satellite phone casually, then issued a light order and said, "Let's start."
"I understand, boss!" An answer came from the other end of the phone.
So, three minutes later, Louis and other Volkswagen board members could clearly see through the stock market that there was a force that was acquiring Porsche stocks circulating on the market.
No matter how much the price is, as long as someone dares to put on the transaction, they will definitely be swept down in minutes. In a blink of an eye, all the big orders hanging in front are bought and disappeared.
"Oh my God... the chairman of Mawei Group is too resolute!? It was less than 5 minutes after that, he started to spend money to acquire Porsche shares. Anyone like this will be afraid..." The members of the board of directors of Volkswagen were frightened by Mawei's operations.
And more importantly, Mavie did what they had wanted to do in recent years but were not able to do. Acquire Porsche!
"Boss, the Porsche outstanding shares on the market have been acquired. We have bought a total of 12 million shares, accounting for 4.2% of the total shares of Porsche..."
Until the close of the German stock market, the traders of Mavie bought a total of 4.2% of Porsche shares for him, spending 500 million euros. Such courage to spend money really made the board of directors of Volkswagen feel terrible...
The key opportunity for Mawei to take action was two hours before the German stock market was about to close. If the acquisition started from the opening, I don’t know how much money it would be spent.
"Very good, continue to execute tomorrow." Ma Wei nodded after hearing this. It is estimated that the current Porsche must be very inexplicable. I don't know where the sudden emergence of power actually rushes to buy their company's stocks in the stock market. And it's robbed so hard.
Just as Ma Wei expected, when his traders team frantically bought Porsche stocks in the market, the Porsche Investment Department got the news. They were extremely panicked and sent someone to the company's conference room.
Because, Chairman Andreas is holding a meeting with senior executives at this time to discuss how to further increase efforts to acquire Volkswagen.
"At present, we already own 71.4% of Volkswagen's shares, and we are still missing the last 3.6%! Fred, how are you talking to those two shareholders? Are they willing to sell their shares?" Chairman Andreas, who didn't know that his company had a fire in the city gate. The target is still on Volkswagen.
However, at this moment, the Deputy Minister of Investment Department, after knocking on the door, rushed into the conference room panting, preparing to tell everyone the bad news.
"Chairman, it's not good! Someone on the market... is buying our company's stock..." Because he was running too much, the deputy minister spoke intermittently and was not coherent at all.
Chairman Andreas couldn't help but frown. He could feel that something big should have happened. Otherwise, the Investment Department wouldn't have come so anxious to disturb him in the meeting.
"Wade, what happened? Tell me clearly!" Andreas said in a deep voice in the conference room.
"Chairman! Some people are buying our company's shares on the market, and the amount is huge! In just half an hour, they have acquired 6 million of our shares! It has spent nearly 250 million euros... and are still continuing to acquire!" Wade, deputy director of the Investment Department, finally finished his words.
However, his words made Andreas and the Porsche executives in the conference room stunned for a moment! They didn't expect this to happen at all.
"What? Are you saying someone is maliciously buying our company's shares? And in just half an hour, he has bought 6 million shares?"
"Who is buying our company's shares? Is Volkswagen? No! Volkswagen should not have this ability, 6 million shares, 250 million euros, they can't afford so much money..."
For a time, there were speculations in the conference room. At this critical moment, what Porsche feared most was that someone took advantage of the situation and could not make any capital turnover while they were owing too much debt, which led to a series of things happening.
Chairman Andreas sat at the conference table frowning. He couldn't figure out who would be so bold to acquire shares in their company at this time. After all, the whole of Germany knew that Porsche was determined to win the Volkswagen.
Mercedes-Benz and BMW have been managed by the government long ago, hoping that they will not intervene in this dispute so as not to be in chaos in the industry.
However, just when the chairman and the company's senior executives were puzzled, the investment department sent someone to send a bad news, "No, Chairman! The other party has just increased its acquisition efforts and bought all the stocks circulating in the market! It is conservatively estimated that there are 10 million shares, with a market value of 400 million euros!"
In just 15 minutes, another 4 million shares were swept away by mysterious forces. This made Chairman Andreas and the company's senior executives feel the unknown confusion and tension.
"Who is it? Bypassing our board of directors so badly and acquiring our company's shares? 10 million shares are already close to 4%, and it's only an hour!"
"Hurry and send someone to Lianhe Stock Exchange to find out which company it is and buy so many of our stocks!" Chairman Andreas originally wanted to hold a meeting for everyone to discuss the remaining 3.6% of Volkswagen's shares.
However, Mawei's intrusion directly disrupted his meetings, causing panic among the top leaders of the entire company, and did not know where the opponent came from...
An hour and a half later, news came from the stock exchange, "Chairman Andreas, an investment company named Mad, acquired 12 million shares of Porsche today."
"Mad Investment Company? Which country's company is this? Why have you never heard of it before?" Porsche's senior executives all seemed to be kicked by rabbits, and they had no idea where this "Mad Company" was sacred.
Chapter completed!