Extraordinary Genius

At its peak in '07, the bank had a market value of over £60 billion. And at this point, if it hadn't stopped, it would have dropped by £10 billion and evaporated over 80% of the market value.

But compared to the Lehman Brothers Bank, which fell 99 percent in market value, and then went bankrupt, the bank was lucky enough, at least the British political axe, to keep it out of bankruptcy.

But it's also very difficult to sell, and those like Barclays will give you 10 billion pounds, but they'll have to pay the debt with an axe. If you don't have a debt, who the fuck is selling it? This is robbery!

And now they meet a new buyer, a powerful buyer, which gives hope to the shareholders of this bank, and they may be able to solve it.

They actually regretted that when the bank stock price was high, they didn't want to sell it, they thought the stock price could be higher, and they could make more money. And now, it's already a loss. If no one takes over, I'm afraid they'll all lose money.

Unfortunately, now that someone is going to take over, they have other thoughts at the moment, that is, can you sell some more money to make them lose a little bit?

People were like that, and they thought that if they could sell it, they wouldn't even care about the price. No matter how little they sell, they can always split the money. If they can't sell it, I'm afraid the bank will eventually go bankrupt and they won't be able to split a dime.

But when someone really wants to buy it, who doesn't want to sell it more? They were once infinitely wealthy, who can feel better now that they are so far behind?

“Potter, are you kidding me? £8 billion. How is that possible? We should be at least £14 billion in stock market value, and I think it would be reasonable to quote £15 billion.” One shareholder said.

Isn't it normal for a company to sell premiums to make money? But he ignored it. It's a profit-making company. It's a premium.

“Yeah, even if £15 billion doesn't sell, at least in terms of market value, £14 billion is acceptable to me.” Another stomach pooper shareholder said.

Several major shareholders, speaking on behalf of seven voices, have accused Porter of being unfavourable to the negotiations. Eight billion pounds. The price is too low. How much can they split by shares?

They all have companies, and they need more money at this time, and they can get more money, and their companies can get out of trouble early.

Porter looked at the ugly faces of shareholders and felt bitter in his mouth. Since when do you still think about good things? Yes, it is the richest man in the world, but the richest man in the world is certainly a smarter businessman than you.

Feng Yu made it clear that he bought the bank to make money. If you don't have the money, why would anyone buy it? One of you can't see the situation by then, but you're looking for a buyer.

If our bank had no more capital injection, we would have had to ask for an axe. Would you still be willing to take charge of it? Aren't your shares going to be diluted or devalued? Perhaps it will be dismal, but ultimately it will only go bankrupt.

Now you can walk away with the money. Isn't that good?

Potter waited until these shareholders stopped talking, and he slowly said, "Now that you all think I'm not qualified, that's good, you can dismiss me. Whoever has the ability to sit in this seat. £14 billion. Which of you can find a buyer like that? ”

These shareholders shut up, dismissed Potter, and under the contract, were also compensated, and the amount was not low.

Besides, this seat is now a pit for those of them who dare to sit, and who sit and fall in. And it's not like they haven't looked for a buyer, but there aren't a lot of buyers themselves who can come up with this much cash at this point, let alone the buyer who needs to have nearly £10 billion in cash to save the bank.

What's going on with the bank is clear to all of their shareholders. Without those liabilities, let alone £15 billion, they wouldn't sell £20 billion. But these liabilities, as well as the banks' cash shortages, left them with no choice.

In fact, the bank's number one shareholder at this time was simply the British political axe, and if it hadn't been for the help of the British political axe, their bank would have been bankrupt and could not have guaranteed its current market value.

The banks on the U.S. side are tragic, and they've all seen, like hundreds of billions of dollars of big banks, go bankrupt. The US government axe doesn't want to, it can't.

If they continue this attitude, then maybe Lehman Brothers Bank is their foreplay.

“Mr Feng said that £8 billion, all the debts and assets of the bank, he received them all, which also included the employees of the bank. If we put these on our heads, can we carry them for another six months? If any of you could find even £6 billion, I'd be sure to get the bank through, at least not go bankrupt. ”

“My advice to you at this time is to sell it while it's still worth it. Take the money and invest in other industries to make it back. If we continue like this, I'm afraid we won't get a penny at the end of the day, and we missed this opportunity to get out. Think about it, Mr. Feng only gave us three days! ”

The representative of the bank's political axe is also following suit. When the Minister of Finance ~ learned that Feng Yu was going to acquire the bank, he was very happy.

Eight billion pounds, even though it looks like it's a little less, can get the axe back some money, less. Otherwise, how much money do they have to invest to keep the bank insolvent, especially if they are also seriously underfunded at this time?

That way, they can solve this bank's problems, and they can do more to help other businesses get through it.

Feng Yu is reading the news in his room at this time. The economic situation on the UK side is better than that of the US, especially in London, which is also a disaster.

Feng Yu believes that those shareholders will compromise eventually. Though he's cheaper, who can't afford so much money at the moment?

This bank had nothing to do with Feng Yu, and Feng Yu had no obligation to consider it for them. Maximizing your interests is the right choice.

The next day, Feng Yu received a call from Potter. They agreed, just waiting for approval ~.

Hang up the phone, Feng Yu smiled, this trial ~ approval, will never be stopped. If the takeover is truly denied, the British will lose it.

Buyers at this time, in their eyes, are God!

After taking over the bank, Feng Yu will immediately send someone to take over, carefully organize the bank's business, and make some adjustments to the personnel. After Feng Yu's capital injection, he will be able to take over the bank and merge it into the Minsheng Bank!

His bank layout has more than doubled!

……