Chapter 811

Li Feng's special means against John Rupert quickly achieved results. First, Li Feng first reached an agreement with John Rupert. On the other side, shahua group will give up its quotation for Jijia, Lange and Wanguo watch brands, and John Rupert will give up his newly acquired 8% stake in standard bank and sell it to Li Feng.

After Li Feng reached an oral agreement with John Rupert, he also promised to merge with SIM and sulani, merge Standard Chartered's business in Africa into standard bank, and then establish CSCB (African region) company. They will still serve as the chairman of the board of directors and CEO of the new company.

In return, SIM and sulani first affirmed the news that standard bank was willing to merge with Standard Chartered and directly threw out the bottom line of the negotiation. Of course, Li Feng doesn't care much about whether this bottom line is true or not.

The first point is the market value of standard bank. Before Li Feng quoted standard bank, the market value was about US $3.8 billion. Now, because Standard Chartered's bid for standard bank has been made public all over the world, the stock price of standard bank has soared on the stock market in Johannesburg, South Africa.

Of course, it is impossible for Li Feng to buy at a higher and higher share price. After all, this is irrational. As long as he claims to give up the acquisition, the share price of standard bank will soon fall or even lower.

Naturally, the acquisition still needs a premium. Therefore, the base price given by the board of directors of standard bank is US $5 billion, that is, a 25% premium over Li Feng's US $4 billion offer is a whole. For such a price, Li Feng thought a little and agreed to come.

Second, the board of directors of standard bank wants Li Feng to hold shares first and then merge. In fact, to put it bluntly, it wants to buy all the shares of standard bank in the form of cash and shares, rather than one-time.

In fact, the idea of more people is that they can give up the shares of CSCB (Africa) and hope to get the shares of the headquarters holding group. Facing such a request, Li Feng also agreed with a smile. In other words, the head office itself occupies the absolute majority shareholder, and there is no reason to disagree.

……

Now that the two sides have reached a preliminary intention, the next thing is easy to do. Similarly, Li Feng handed it over to Wu Jianmin and others. After all, standard bank will be integrated into the new banking group.

It takes a process from the acquisition of standard bank to the temporary delisting of the stock market, the reorganization of branch companies in Africa, and finally re listing. Similarly, with the acquisition, merger and reorganization of standard bank, the title of Standard Chartered Bank is worthy of its name.

"Well, for a long time, Rupert, SIM and sulani, I'll hand over the next specific negotiations to Dominic, pierce and Davis. They talked to you. I hope to realize the plan as soon as possible and let our new banking group appear in front of the world as soon as possible."

Seeing that he had achieved his goal, Li Feng immediately said happily to the people.

"Boss, don't worry. Since we have unified the general plan, the next thing is our business. You can wait for the result." Wu Jianmin replied with a smile.

"John, since it's all like this, I'll ask the lawyer to arrange contact with Dominic and talk about it as soon as possible."

"Mr. Li, since we have been able to meet the requirements of the board of directors and shareholders, I think SIM and I have no reason to object. I hope we can cooperate happily in the future. In other words, we will also call you 'boss' in the future."

“…”

John Rupert and sulani also echoed.

……

"Boss, that's the general situation. This is the specific situation of our whole CSCB holding group and the four branches of CSCB in the future."

After nearly 10 days of detailed negotiations, an agreement was finally reached and the results were achieved. Later, Wu Jianmin and a group of management made a detailed material according to the framework prepared long ago and submitted it to Li Feng and the board of directors.

Yes, after the formal acquisition of standard bank, the board of directors, shareholders' meeting and management of century Standard Chartered bank holding group were established. For example, the different funds, major shareholders and directors secretly established by Li Feng.

Nominally, Li Feng only holds 4.9% of the shares, and the rest, including major funds, hold nearly 75% of the shares in total. The original standard bank shareholders hold about 5% of the shares, including Huaxia government funds, and some other funds and financial institutions, holding 15% of the shares in total.

In fact, Li Feng took the initiative to find someone to sell some shares. For example, the fund controlled by Li Feng has now obtained 1.5 points of shares of Citibank in exchange for 5 points of shares of the new banking group. Li Feng has also become a non-executive director of Citibank.

Others include Rockefeller and Roosevelt family funds, which also control shares of a total of 5 points, as well as some institutions on Wall Street, such as Morgan Stanley, and several partners of Li Feng, such as Carlyle investment and the investment company subordinate to RAND Corporation, which are prepared for re listing in the future.

It can be seen from the proportion of shares that Li Feng firmly controls the banking group. After all, the 8-tier shares are Li Feng's speech.

……

In addition to the shares of the holding company of the headquarters, the next step is the specific shares of the four key divisions.

Among them, CSCB (America) company is dominated by Huamei bank, combined with the business of the original standard chartered in the United States. With the combination of each other, the holding group holds more than 80% of the shares, and the remaining less than 20% of the shares, the shareholders include the original Huaxia fund, several family funds, Bank of America, etc.

CSCB (Greater China) company mainly focuses on the business of the former Standard Chartered Bank in Greater China, supplemented by the businesses acquired by the former Huamei in Greater China. After the integration, CSCB holding group directly controls 80%, and the remaining 20% are the major funds of the Chinese government. In the future, it will allocate some to contact the rich families in Xiangjiang.

Among them, the shares of domestic Minsheng Bank originally held by Huamei bank were transferred by Li Feng. After all, Li Feng knows that the market value of domestic Minsheng Bank will be $780 billion at the rebirth of Li Feng in the future. It is a little pity to put it under the name of the new bank.

In fact, in addition to the original banking business, some of Li Feng's original investment assets have been stripped off. After all, the assets Li Feng initially invested in are the best assets in the future. There is no reason to make wedding clothes for others.

CSCB (Africa) company, of course, is dominated by standard bank, supplemented by the African business of the original Standard Chartered Bank. Before, with the holding company's gold of 2.5 billion and the merged standard chartered business, CSCB holding group held 70% of the shares, and the remaining 30% were the shareholders of the original standard bank.

The shareholders of the original standard bank, in addition to those who initially opposed the complete withdrawal, some shareholders were still willing to get the shareholders of the company in Africa, and some wanted to get the shares of the holding group. Li Feng met their wishes. The wishes of these two shareholders also represent the ideas of two people, one wants to keep Africa, and the other wants global expansion and development.

Finally, the remaining business of the original Standard Chartered Bank, together with the business expanded and acquired outside China in various parts of Asia during the financial crisis, has directly inherited the name of CSCB. In addition to the Asia Pacific region and the Middle East region, it will focus on developing the business in Europe in the future.

In this business, thanks to Li Feng's acquisition of shares and the privatization of the stock market, the holding group holds almost 100 shares, that is, Li Feng controls 80% of the shares through the parent company of the holding group.

The four branches complement each other and are closely linked to ensure that the future CSCB can start business all over the world.

……

Looking at the report in his hand, Li Feng was satisfied and happy. He thought that he had finally achieved his dream.