v3 Chapter 1347： Australia's 3 largest consortia

"The most powerful hero of rebirth (!

"Chairman, this is the specific investigation and the situation of the relevant company."

After the unexpected situation occurred, less than a day later, the situation was cleared up below, and Huo Jianning reported the result to Xia Yu.

"Okay, I'll take a look first. Go ahead and call you if I have something to do."

After dismissing Huo Jianning, Xia Yu picked up the investigation and browsed it.

Halfway through, it was an Australian company called Toll.

With an investment of HK$1.95 billion, it will take over all the equity of Wheelock Shipping Company held by the Madden family, accounting for 21.1% of the total share capital.

Toll is an old Australian logistics company founded in 1888. It started from a small carriage and has been working for nearly a hundred years.

Currently, it is Australia's largest integrated logistics provider, and its business includes land fleet, warehousing, shipping, air logistics, port operations and railway rolling stock operations.

Of course, Toll is not the strongest in Australia in terms of international shipping business.

But it is the largest private company in this field, second only to the state-owned Australian National Shipping Company.

In this acquisition of Wheelock Shipping Company, Toll did not act alone. Except for the local Hong Kong Luohill parent company as the acquisition consultant, there are several major banks behind it for financial support, and all of them are foreign banks.

They are Australia's Westpac Bank, British Barclays Bank and British National Westminster Bank, of which Westpac Bank is the biggest supporter.

And this also involves the background of Toll, which involves a higher level of consortium than a single company.

Toll is the core company of the Sydney consortium, one of the three major consortia in Australia, and it is the backbone of the logistics and transportation field!

...

After reading the investigation, Xia Yu couldn't help but sneer.

The Australian consortium is nothing more than expanding abroad, but it has robbed him of his prey, and his appetite is not small, so he directly dealt with Wheelock Shipping.

The acquisition of Wheelock Shipping Company is the acquisition of the entire Wheelock Consortium.

Xia Yu felt something was wrong, and after thinking about it for a long time, he recruited Huo Jianning again.

"Jianning, I read the investigation report and asked Bright Fund to suspend access to major shareholders. First, it will attract a portion of the stock market and raise the stock price.

"In addition, immediately find out the situation of the Sydney consortium in Australia, especially those related to them in the Xiangjiang area, and check it out for me, and give it to me as soon as possible."

"Yes, I'll make arrangements right away!"

Huo Jianning responded respectfully.

"Go ahead, as soon as possible."

After Xia Yu said, he waved his hand to let Huo Jianning go down.

After Toll's intervention, the plan to acquire Wheelock Shipping has been disrupted.

Toll has won the second largest shareholder and the equity of the Madden family in charge. Under unclear circumstances, it is the most stupid way to compete rashly.

Now let's muddy the water first, creating trouble for Toll and hindering their acquisition.

After he thinks clearly, with his strength and resources, there is always a way to deal with it.

...

If you don’t check it, you don’t know, the problem will be found after a check.

Three days later, the details of the Sydney consortium were investigated.

The Sydney Consortium is one of the three largest consortia in Australia. There are four core families, namely the Fairfax family, the Knox family, the Jonathan family and the Johnston family.

The financial core of the Sydney Consortium is Westpac and Insurance Australia, which are currently Australia's second largest bank and third largest insurance company.

There are many companies under the Sydney Consortium, with large companies in mining, machinery, construction materials, paper, chemical, food, sugar, retail and other industries.

For example, the Queensland Sugar Company, which monopolizes 75% of Australia's market share and is also the largest export share holder, and the New Zealand Sugar Company.

Australia's top three Australian Northern Mining Corporation.

In the mining sector, there are also Australia Joan Leishart Company, Australian Tobemark Company, Buchanan Bolle Hall Coal Company, Mont Gunson Mining Company, Gove Bauxite Company, Pibara Iron Ore Company, etc. .

There are also Clyde Industries, Goodwin Materials, and Commonwealth Machinery in the industrial and mechanical manufacturing fields.

Carter Holt, one of the Big Four in the paper and packaging industry.

Fairfax Group, one of the four major newspaper groups.

Large real estate and retail company-Westfield Group.

Lion King Beer Company ranked second among the three major brewing companies.

In addition, there are Australian Quarry Company, Australian Chemical Company and so on.

Many of these companies in the Sydney Consortium have already entered Hong Kong.

For example, Fairfax Group has successively acquired two small newspapers in Xiangjiang and renamed them "Xiangjiang News" and "East Asia News". They have been published for more than a year, and they have also adopted the early-stage free strategy to grow rapidly. At present, the daily circulation of the two newspapers is 25,000 and 37,000 respectively, which can be considered a successful foothold.

Fairfax Group has also invested in Xiangjiang TVB, currently holding 15.8% of the shares, and is the second largest shareholder after Shao Laoliu.

Fairfax Group competes with Jiuding Newspaper Company and Global Satellite TV, although it is currently at an absolute disadvantage.

Queensland Sugar Company acquired Xiangjiang Yinghua Trading Company, which is one of the main traders in Xiangjiang Sugar Trading.

Queensland Sugar is also a competitor of Taikoo Sugar, a subsidiary of Taikoo Agricultural Group, a subsidiary of Xia Yu's Jiuding Industrial Group.

The Australian insurance company also entered the Hong Kong market in February 1983 and set up a branch to carry out insurance business in Hong Kong, Macau, Thailand, Indonesia and other Southeast Asian countries, and compete with Jiuding Insurance Group.

There is also the Westfield Group, which entered Hong Kong in April 1983 and is currently developing a shopping center.

Needless to say, Westpac Bank of Australia has long established a branch in Hong Kong.

Before starting to acquire Wheelock Shipping, the Sydney consortium had entered Hong Kong in six areas, basically competing with Xia Yu’s Jiuding consortium.

Although they are absolutely disadvantaged and cannot shake the position of Jiuding Consortium in various industries, competition means competition!

The rapid development of Hong Kong has had a siphonic effect on the Southeast Asian economy, and therefore has a huge influence on foreign capital consortia such as the Sydney Consortium.

On this point, Xia Yu had already prepared.

The big consortiums in Europe and the United States and the big consortiums in island countries have entered more and earlier fields than the Sydney consortium.

For example, in the insurance industry, Jiuding Insurance Company occupies a leading position in the market. The remaining nine of the top ten in the market are AIA, Prudential Insurance, Metropolitan Life, Manulife Life, Dutch National Life, AXA Life, Yasuda Life, Allianz Insurance and Fatong Insurance.

There are two British insurance companies, two American insurance companies, one French insurance company, one German insurance company, one Dutch insurance company, one Canadian insurance company, and one island country insurance company.

Of course, because Canada's Manulife Life Insurance Company was acquired by Bright Fund, this insurance company is actually a UK-scoped insurance company, and it is also Xia Yu's.

Consider the predecessor of Jiuding Insurance Company, Jardine Insurance Company. At that time, none of the top ten insurance companies in Hong Kong was local.

Having said that, it is impossible without competition in various markets.

To be the leader in various markets, you have to accept competition from latecomers. There is nothing to say.

Xia Yu couldn't deliberately clean up every force, and there was no need for it.

The economic take-off of Xiangjiang also needs a steady stream of foreign investment to help it. It is impossible to close the country.

However, the Sydney consortium should not be absolutely unaware of it. It is just looking for something to eat in front of Xia Yu!

What's more, according to the investigation, the Sydney consortium is also closely related to the Rohill family.

The Sydney consortium was able to quickly gain a foothold in Xiangjiang, and Xiangjiang Luohill's parent company contributed a lot. This time, the Madden family surrendered all the equity so quickly, and it was also assisted by Xiangjiang Luohill's parent company.

In Australia, the Sydney consortium is also an ally of the Rohill family.

"It seems that the Roshir family and I are really old friends I have thought about taking a good rest in Xiangjiang, and this is sent to me again. If I don’t cut a knife, wouldn’t it be too shameless? Oh, ha ha..."

After Xia Yu smiled and shook his head, he took out the pen and paper and fell into thinking.

Just making a fuss on Wheelock Shipping Company seems to be too small.

Others have rushed into his hard-working lair. It is not his style to defend but not attack...

PS: I’m going to update today, and I’m still collecting data. It’s harder to collect data on this **** in Australia than in Canada. Apart from being a dog for Britain and the United States, the sense of presence in other aspects is too low.