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Rebirth capital madman - Chapter 590

Published at 17th of March 2022 07:20:39 PM


Chapter 590

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The Huang family was rebelled by Yalong company and withdrew from the concerted action alliance, which was a disastrous blow to the tenacious resistance of the board of directors of Zhonghua bus.

To put it bluntly, the shareholding ratio competed for in the acquisition war of Zhonghua bus is like a balance, and the Huang family is not the weight under the balance. It belongs to the weight on the balance. It moves from one side to the other, one minus and one plus, which has an obvious effect on breaking the balance.

It's estimated that the Huang family is holding back this evil spirit, so you don't take me seriously at ordinary times. Now you know what it's not to report. It's not time.

Up to now, the situation has become increasingly clear. The shareholding ratio of Yalong company must have increased to more than 40%, while the front of the board of directors of Zhonghua bus in a defensive position has collapsed. It is difficult to say whether the shareholding ratio is 30%.

Amid the frenzied and hissing analysis of financial media and observers, those holders of Zhonghua bus stock in a wait-and-see state began to worry, because according to the "partial acquisition" plan proposed by Wei Li approved by Xiangjiang acquisition and merger Committee, Yalong company could acquire 75% of the shares of Zhonghua bus at most. Once the "big family" of Yan family admit defeat, Ask Yalong company to buy its own shares of Zhonghua bus according to the highest market price, then their retail investors who have been "waiting to see" are likely to lose the opportunity to make a "hard" profit, or even just a "ordinary" profit.

In fact, Yan Chengkun, who has worked hard in the business field all his life, really began to make the worst plan of "retreat", rather than personally pestering the rich family grievances between the Yan Family and the Huang family. It's no use talking too much. That's not his style as the head of the family.

Therefore, Yan Chengkun convened Yifu, the financial consultant of Zhonghua bus, to discuss relevant matters.

The financial advisor of Zhonghua bus used to be Baoyuan. Later, the Yan family asked the Ye family to act as the "white warrior". The two sides formed a new company to compete with Yalong company to acquire the shares of Zhonghua bus. They "do not know well" and invited Baoyuan who has mastered the situation of Zhonghua bus to act as the financial advisor. Therefore, in terms of the scene, Baoyuan can not faithfully represent the interests of Zhonghua bus, So Zhonghua bus changed its financial adviser from Baoyuan to Yifu.

As a colony robbed by Britain, Xiangjiang has followed the British practice in many aspects. For example, companies engaged in company listing, underwriting stocks and bonds, mergers and acquisitions, fund management, foreign exchange trading, trust and other businesses are called merchant banks according to British standards, That is, it is roughly equivalent to the more well-known investment bank statement in the United States.

Today, Xiangjiang's merchant banking circle, that is, the investment banking circle, has developed since the early 1970s by taking advantage of unprecedented opportunities such as the bull market in Xiangjiang's stock market, the abolition of gold controls, the abolition of foreign exchange controls and so on.

As a new thing, when Xiangjiang's investment banks first took the lead, they could register and carry out business according to the procedures of ordinary companies without even passing the examination and approval of the financial secretary, the financial affairs branch and other regulatory agencies of the Hong Kong government. It was so loose that it could be described as laissez faire.

It was not until 1976 that the Hong Kong government found that it was too chaotic. If it continued like this, it would be bad. Everyone could not afford to go around, so it began to strictly supervise step by step.

In this great development era of less than ten years, Yifu, Baoyuan and Duoli, as well as Gaoyi built by Gaoxian, belong to the "elders" in the circle of Xiangjiang investment bank.

From the name alone, it is not difficult to guess that Yifu has the background of Yihe, the boss of Xiangjiang British foreign bank, which was jointly established by Yihe and Fulin Ming, a British merchant bank.

By the way, Fulin Ming is also one of the five major gold merchants in London, UK. With Jardine's cooperation with Jardine's business tycoon in Xiangjiang, Jardine's strong strength can be imagined.

The background of Baoyuan is not simple. The partners are Schroeder, a British merchant bank, Standard Chartered Bank on Xiangjiang side, and the Kadoorie family, a controller of China power.

Many profits belong to Huifeng bank. Although Huifeng bank is the overlord of Xiangjiang banking industry, it has nothing to say, but in the investment banking circle, it stands on the same starting line with other competitors. For example, its financial business expanded its strength by acquiring high-string financial products.

As for the situation of Gaoyi, there is no need to repeat. Under the wise leadership of Sir Gao, its business is not limited to Xiangjiang, but spread all over the world. There are Gaoyi branches in xingjiapo, Tokyo, London, New York and Toronto.

As a free port, Xiangjiang is undoubtedly attractive to business. There are many companies, banks and investment banks. However, in the circle of Xiangjiang investment banks, at this stage, it still respects Gaoyi, Yifu, multi profits and Baoyuan, forming a "four major" pattern.

Among them, sir Gao's strength of Gaoyi is unfathomable. Just speaking of his achievements in serving happy group, from the acquisition of milk company to the acquisition of Xiangjiang land, there has been no failure, which has made Yifu, a pleasant Imperial Army, suffer enough and sit in the position of "the second child of the Millennium".

In fact, there is no choice for Chunghwa bus to hire Yifu as its financial adviser.

From the beginning of the acquisition war of Zhonghua bus, Gaoyi and huoduoli stood on the side of Yalong company; Baoyuan has changed from serving China bus to serving the "white warrior" of China bus defense war. Only Yifu is available in the four major investment banks in Xiangjiang.

Yifu, who only joined the China bus acquisition war at this time, was faced with the scene of cleaning up the mess as soon as he stepped on the stage. What he felt was unknown. Anyway, he behaved very professionally in front of Yan Chengkun. He even looked energetic and had a strong desire to fight.

Yifu's advice to Yan Chengkun is that under the current adverse circumstances, it is a smart move for the Yan family to consider withdrawing from the China bus to maximize their interests, but the extent to which they maximize their specific interests will test their operating skills.

Yan Chengkun was puzzled. Yalong's initial offer for the forced acquisition of CMB was 37 yuan per share; Then Baoyuan calculated the assets of CMB and came to the conclusion that the net asset value per share was 42.51 yuan. The Ye family acted as a "white warrior" according to this standard; At present, Aaron, eager to win, is forced to offer a new high price of 47 yuan per share. If the Yan family sells all the CMB shares at this price, they can really make a lot of money and accept the result of losing CMB. Can there be a way in here?

Yifu seems to have been prepared. A piece of information is displayed, which makes Yan Chengkun's mind live again.




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