Life at The Top novel Chapter 1685

“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.”