Chapter 1487: Tempting Prey
After the alliance was formed, the five parties immediately began discussing a sniper plan.
Over the past few decades.
Although Spain has some attributes of military control, the government is very strong, making the market economy restrictive, and most important industries are dominated by state-owned enterprises.
However, the Francisco family still has partial ownership of many large state-owned enterprises, like a bloodsucking parasite feeding off the Spanish state and people.
For example, the Francisco family owns a large stake in Repsol, Spain's largest energy company, and in ArcelorMittal Spain, the country's largest steel company.
However, for the time being, Spain is still facing many difficulties in implementing privatisation reforms.
It is therefore very difficult to remove the Francisco family from these large state-owned enterprises.
Therefore, the focus of everyone's actions can only be placed on the companies that the Francisco family can dominate.
Those are the economic pillars of the Francisco family.
Only by breaking and taking away these economic pillars will the Francisco family be seriously injured.
It will be easy to reap the remaining assets on the periphery.
These economic pillars of the Francisco family are hard nuts to crack, but if they are really cracked, they will be extremely nourishing.
In order to avoid harming the harmony between allies, everyone also adheres to the principle of division of labour and cooperation, and it is absolutely necessary to delineate their respective scopes in advance.
After some discussion,
The Bright Fund identified four objectives.
These corresponded to four major industries – energy, banking, insurance and infrastructure.
Energy was represented by Iberdrola, a company founded in Bilbao in 1944 that is engaged in electricity and gas activities in Spain and abroad. It is currently the second largest electricity company in the country after the Spanish state-owned power company.
In the future, it will also be the world's second-largest wind power operator, and its development potential should not be underestimated.
The bank corresponds to the current largest bank in Spain, Banco Bilbao Vizcaya.
The history of this bank can be traced back to 1901. After more than 80 years of development, its business chain has become very large, including retail banking, commercial banking, and SME banking, payment systems, consumer finance, private banking, and other businesses.
Of course, most importantly, it has a strong presence in Portugal, Mexico, and South America.
Especially in Mexico and the Spanish-speaking countries of South America, its influence is deep-rooted. Mexico's largest bank is Banco Santander!
The insurance counterpart is the insurance company, MAPFRE.
Founded in 1933, MAPFRE has many subsidiaries, including mutual insurance companies and reinsurance companies. It has a 20.5% market share in Spain's non-life insurance industry and 9.9% in the life insurance industry, with an overall market share of 14.3%. It is the market leader in Spain in all three categories!
The final infrastructure corresponds to the Fagor Group, the youngest of the three, founded in 1952. It is currently the largest infrastructure contractor and real estate developer in Spain, with four main business lines: services, toll roads, construction and airport structures.
Compared to the three companies, Iberdrola, BBVA and MAPFRE, the Fagor Group has the smallest total asset size.
Its division into the Bright Fund's targets for attack caused Fitz James Stewart and the others to puzzle over the negotiations. At one point, they even thought that the Bright Fund had chosen it because it was supposed to look after them.
In fact, even Crest Alec and George Berkeley were puzzled.
Because this company was selected by Xia Yu.
In fact, at the beginning, in the field of infrastructure, Xia Yu wanted to choose the company that would become famous in later generations, ACS, the company of the famous Real Madrid president, the late Mr. Florentino Pérez.
However, after investigating the situation in Spain, Xia Yu discovered that ACS was still unknown, and that the company of the old emperor, who had only acquired the poorly managed CP company less than four years ago, was still struggling.
Therefore, in order to seize the infrastructure track, Xia Yu chose the Fallorio Group, which was also run by the Francisco family.
The reason for seizing the infrastructure track is currently known only to Xia Yu.
Of course, the signs are already there.
That is, after Spain joined the European Community last year, in order to accelerate the integration of Spain with the European Community, the European Community allocated a huge amount of integration funds to Spain, earmarked for the construction of Spain's infrastructure.
And this is just the beginning!
Until the beginning of the 21st century, the European Community and later the European Union continued to allocate special infrastructure funds to Spain, so that Spain was fed into becoming the country with the most highways in Europe, as well as the country with the most high-speed railway mileage in Europe and the third in the world!
The improvement of roads has turned a lot of land in Spain into commercial land with great potential, and has also driven the rapid development of industries such as airports and ports. In the 20 years from 1992 to 2012, the total investment in roads, airports, ports and railways alone reached more than 300 billion euros!
Coupled with the construction of other commercial and civil fields and the real estate sector, such a huge market has cultivated Spain into a strong infrastructure power. Various infrastructure technologies have been continuously developed and accumulated, and it was once hailed as the 'king of infrastructure' in the world, conquering markets all over the world.
In a few years, the European Union will be established, and after that, there will be a major development and construction boom. Xia Yu naturally had to prepare for the rainy days and take the lead in planting his flag.
Although his business empire was not lacking in top-notch infrastructure companies, after all, the composition was not good. To expand his business in Europe, it was best to have European genes.
...
The above four companies were chosen as prey specifically to snipe the Francisco family.
In addition, Xia Yu also gave other instructions for Spain's strategy.
That is to kill two birds with one stone!
According to Xia Yu and the think tank's analysis, once an all-out attack is launched against the Francisco family, the Spanish capital market will also become a mess. To describe it in a little more fantastical terminology, it will be called 'chaos in the heavens'.
In this situation, the difficulty of intelligence collection and collation by all parties will soar, and at that time, all parties will become very cautious in their every move, and the flow and use of funds will also be carefully considered.
No major financial company dares to easily lend money, for fear of being dragged into the quagmire.
This kind of situation is perfect for forcibly acquiring some companies.
For example, CP, which has the talent of Florentino Pérez.
Inditex Group, the richest man in Spain in later generations and 'the king of clothing plagiarism,' Amancio Ortega Gaona.
Santander Bank, the world's ninth richest, second in the eurozone, and first in Spain, with a total asset peak of 1.7 trillion U.S. dollars.
And there is also the Spanish mobile phone tower company, which has just developed for a few years and is engaged in the operation of mobile phone tower infrastructure.
Without exception, these are all future star companies that are still developing but have great potential.
Although continuous investment is needed for future development, Xia Yu values the genes of these companies.
Detecting potential stocks is what Xia Yu likes to do best.
If you don't want to wait for potential stocks to be reborn, you might as well go home and plant sweet potatoes!