Chapter 333 Acquisition Invitation, Target Port River Standard Chartered!!

Li Mingxuan's laughter made Xu Xin on the side a little confused.

She agreed with her boss for buying a bank, because once you have your own bank, many business transactions are convenient, and the safety of funds is protected.

Especially now that Standard Chartered Bank has a very serious bad debt crisis.

Know that losing a third of your assets at once can be fatal for the bank at any time.

Especially in a city like Gangjiang, where banks are everywhere, people don't know how many bank bankruptcies have been experienced in recent decades.

Although Standard Chartered is the Bank of China, the largest bank outside Huifeng.

But believe no one in these days, don't believe that the bank will not fail.

Standard Chartered is very large, and there are many shadows of British-funded consortiums behind it, but even so, if those consortiums do not make a move, Standard Chartered goes bankrupt, and the hard-earned money of these ordinary citizens will really be lost.

So for a while, Standard Chartered was squeezed.

After a month, it was as if there was only one breath left.

Its market capitalization has been cut by more than half from a peak of £3 billion, leaving only more than £1 billion in equity assets.

In this case, it is much easier for Li Mingxuan to acquire Standard Chartered.

However, even then it is very difficult to acquire Standard Chartered Bank.

On the one hand, Standard Chartered Bank is essentially a heroic company, and in 1969, it was merged with Standard Chartered Bank and Standard Bank in British South Africa, and the merged bank was renamed Standard Chartered Bank.

Acquiring Standard Chartered Bank in this context is quite difficult.

Because for the stubborn John Niu, even if Standard Chartered went bankrupt, they did not want to sell such a long-established company to the Chinese.

In addition, the shares of Standard Chartered Bank are very dispersed, mainly divided into British, Chinese, and three points on the stock market.

Of this, British capital accounts for nearly 40 percent, while Chinese capital accounts for 30 percent, and the rest circulates in the stock market.

Fortunately, the stock market said that with the sharp decline in Standard Chartered Bank shares, Li Mingxuan has used his own capital to buy Standard Chartered shares.

In a short period of time, he acquired 112 million shares and acquired 10% of Standard Chartered's total share capital.

The rest are in the hands of heroic consortiums and Chinese capitalists.

Li Mingxuan saw that in the equity survey of Standard Chartered Bank, Qiu Degeng, a real estate tycoon from Malaysia, held 15.64% of the shares, becoming the largest major shareholder of Standard Chartered.

You must know that Mr. Qiu Degeng, at the gambling king's charity dinner, Li Mingxuan and him still have a relationship.

And the celebrity of the charity dinner, Qiu Yongjun, is the granddaughter of Mr. Qiu Degeng.

And back then, Qiu Degeng was also in charge of ATV, it can be said that Qiu Degeng and Li Mingxuan still have a little fate.

So, he called Qiu Yongjun and explained the purpose directly.

When Qiu Degeng heard that Li Mingxuan was preparing to buy his shares, he decided to sell them without thinking.

After all, now holding these shares of Standard Chartered is not a chicken rib, although it is a major shareholder of Standard Chartered, but its shares are far less than that of the British chaebol.

Basically, he didn't have much say in Standard Chartered Bank, and he bought this stock to facilitate financing.

Now that someone has collected it, why shouldn't he be happy.

Is it really waiting for these shares to become worthless and file for bankruptcy?

However, he also had the condition that he had to use the price at the time of the plaster loan accident at Standard Chartered Bank.

At that time, the highest closing was HK$31 per share.

That's 231 million shares, worth HK$6.9 billion.

Because Standard Chartered Bank has very serious bad debts this time, but he believes that Standard Chartered as an old bank will not fail, and its market value will soon take off again.

If you want to buy splendid embroidery, you must give it its original value.

Although Li Mingxuan understood Lao Qiu, this was a bit of a robbery meaning.

But Li Mingxuan finally agreed, and after negotiations, he bought 231 million shares at a price of 5.8 billion, so far he already owns 25.64 shares, only 4.36% away from reaching 30 shares.

In Gangjiang, if the shareholding of 30 shares continues to be acquired, the listed company must be invited in accordance with the law.

See if there is a white knight to help you.

Therefore, when Li Mingxuan acquired 30% of the world, he made an invitation to Standard Chartered Bank to acquire.

After hearing that the other party suddenly owned 25.64% more shares, naturally the British investors who occupied the initiative of Standard Chartered Bank were worried that Standard Chartered was about to change owners.

Therefore, on the one hand, they negotiated with Li Mingxuan, and on the other hand, they began to buy back shares in the world.

And it is difficult for Li Mingxuan to buy shares from the world.

However, in fact, he actually wants this result.

The Taipan of Standard Chartered Bank called Xu Xin to ask if Mr. Li Mingxuan could talk to them.

In this regard, Li Mingxuan asked Xu Xin to directly agree to their request.

The next day, in The Peninsula Hotel's IP lobby, the Swire Foundation and Standard Chartered's Taipan gathered.

When the two sides took their seats, Standard Chartered's Taipan asked, "Mr. Li, I think Standard Chartered should not have offended Your Excellency!" "

Li Mingxuan looked at Taipan and said with a smile: "I never said that Standard Chartered offended me!" "

"Then how does Mr. Li explain the acquisition of Standard Chartered shares!"

Taipan asked.

"These are the stepping stones, in fact, I want to buy your business in Hong Kong and Jiang!"

Hearing this, Standard Chartered's Taipan immediately shook his head and refused: "Although Standard Chartered Bank is a British bank, the Hong Kong River business is equally important to us and must not be lost?" "

"So, are you ready to lose the whole Standard Chartered!"

Li Mingxuan said with a grin.

"Mr. Li, you should know that your shares are only more than 30, and you are far from controlling Standard Chartered Bank!"

Standard Chartered's Taipan said.

"Is it? Mr. Taipan, please do not test the greed of human nature! "

Li Mingxuan said and looked at the representative of Swire, and said with a smile: "Join me to pay $800 million to this representative of the Swire Foundation and ask him to buy 12% of the shares of Standard Chartered held by Swire, do you think he will agree?" "

As soon as these words came out, the representative of Swire immediately became embarrassed.

Because this money is equivalent to much higher than the market value, it is an acquisition at a very high premium.

If this is the case, Standard Chartered's Taipan seriously suspects that John Cow compatriots will betray him!

Seeing that the big class was silent, Li Mingxuan said.

"However, I don't want to do this if it is not necessary, after all, Standard Chartered is a British-funded company, even if I buy it, it will be difficult for me to clean up, so my appeal is Hong Kong Standard Chartered Bank!"

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