“We? I like this title.”
Jasper asked Reynoldson to sit down affectionately and continued, “According to the current situation, Nokia‘s chairman Ingvar holds 9.6% of the shares, but he is already the largest individual shareholder. Yet he is a complete nationalist, so it is unlikely that he will agree to sell his shares.”
“There is also Finland National Telecommunications Group, which holds 11% of Nokia.”
“Of the other two largest collective shareholders, one is the worker’s union holding 9.2%, and the other is the Finland National Social Security Fund, holding 22%.”
“Some other shares are scattered around the hands of individuals or other companies, but most of them are locals in Finland. Meanwhile, about 30% of them are circulating on the stock market.”
Reynoldson was not surprised that Jasper would know this information. Since Jasper genuinely intended to acquire Nokia, it
would be strange for him to not know about this.
“Yes, the largest collective shareholder is the National Social Security Fund, but they do not participate in any decision making or operations. They will only take a cut of the annual profit, so this portion of the shares is impossible to obtain.”
Seeing that Reynoldson’s role had changed quickly and he had begun to help Jasper, Jasper smiled and said, “Yes, but we can fight for the worker’s union and the National Telecommunications Group’s shares.”
“The worker’s union? They are not an easy bunch to deal with, ” Reynoldson said.
In Western countries, the worker’s union was a very troublesome organization. Various rights defenders would bargain with business owners and go on a strike if they were not satisfied.
As a president, Reynoldson was disgusted by the union.
“It’s easy to deal with an organization when there are many people whom we can talk to. The fortress is often breached from the inside.”
Jasper chuckled and said, “Nokia’s worker’s union follows the National worker’s union, which has 11 representatives.”
“Among them, only 3 representatives are working in Nokia while the other 8 people can’t get any benefits from Nokia. What if I give them enough benefits so that they vote appropriately when the time comes?”
Reynoldson looked at the young man from Somerland in disbelief. He said, “If you do this and get caught, it will counted as bribery and you will go to jail.”
Jasper almost burst out laughing.
This Finnish man with a huge beard was really childish and cute.
“It doesn’ t matter. I will handle this, so you don’t have to worry about it. As for the National Telecommunications Group, it is simpler. Just give them an interest that is more valuable than Nokia‘s shares in their opinion.”
Just as Jasper finished saying this, he saw Greg come in suddenly, gesturing to himself eagerly. Jasper glanced at the time subconsciously. Two minutes had passed since the opening.
Jasper stood up suddenly and said to Reynoldson, “Mr. Reynoldson, I have some urgent matters that must be dealt with immediately. You can talk to Greg as he can represent me.”
Although Reynoldson was puzzled, he still replied, “It’s okay. I will talk to him about some details. Go ahead if you have something to take care of.”
“My apologies. I look forward to our next meeting.” After shaking hands with Reynoldson, Jasper hurried out.
“Mr. Laine, something went wrong.”
Greg’s first sentence made Jasper frown.
He walked quickly to the room and said, “Tell me the main points. You should go and entertain Reynoldson once you are finished.”
“Wall Street capital suddenly went long with large sums and is putting pressure on all of our short positions. The stock prices soared and we can’t hold on anymore. Everyone in the country is super anxious.”
“What’s Jake and the team doing? Do they not know that they should handle this with the emergency plan?” Jasper asked.
