Rebirth

Li Feng deliberately aimed at John Rupert's methods and quickly achieved results. First of all, Li Feng first reached an agreement with John Rupert. Offer, and John Rupert will give up the 8% shares of Standard Bank that he has just acquired and sell it to Li Feng.

And when Li Feng reached an oral agreement with John Rupert, similarly, after he promised to merge with Sim and Surani, he merged Standard Chartered's business in Africa into Standard Bank, and then established CSCB (Africa). People will still serve as the chairman of the board of directors and the CEO of the new company.

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

First of all, the first point is the market value of Standard Bank. Before Li Feng quoted Standard Bank, the market value was about 3.8 billion U.S. dollars. Now that Standard Chartered’s acquisition offer for Standard Bank has been made public all over the world, Standard Bank’s acquisition of Standard Bank in Johannesburg, South Africa Stock prices soared on the stock market.

Of course, it is impossible for Li Feng to buy at higher and higher stock prices. After all, this is irrational. As long as he declares to give up the acquisition, Standard Bank's stock price will soon drop, or even lower.

Naturally, a premium is still required for acquisition. Therefore, the base price given by the Standard Bank’s board of directors is 5 billion U.S. dollars. That is to say, a 25% premium over Li Feng’s 4 billion U.S. price is a whole. For such a price, Li Feng agreed after thinking about it.

The second point is that the Board of Standard Bank hopes that Li Feng will first hold a controlling stake and then merge. To put it bluntly, it hopes to acquire all the shares of Standard Bank in the form of cash plus shares instead of all at once.

In fact, the thinking of more people is that they can give up the shares of CSCB (African Region), hoping to get shares of the headquarters holding group.Faced with 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 parties have reached a preliminary intention, the next thing is easy to handle. Similarly, Li Feng handed it over to Wu Jianmin and others. After all, Standard Bank will be integrated into the new banking group.

From the beginning of the acquisition of Standard Bank, to the temporary delisting of the stock market, the reorganization of the African branch company, and the eventual re-listing, it takes a process.Similarly, with the acquisition, merger and reorganization of Standard Bank, the title Standard Chartered Bank (Standard Chartered Bank) can be regarded as worthy of the name.

"Well, Rupert, Sim, Sulani, I will leave the next specific negotiations to Dominic, Pierce, and Davis to talk to you. I hope that the plan can be realized as soon as possible and let us The new banking group appeared before the world."

Seeing that his goal had been achieved, Li Feng said to everyone happily.

"BOSS, don't worry, since we have unified the general strategy, the next thing is our business, you just wait for the result." Wu Jianmin replied with a smile.

"John, since it's all like this, I will let the lawyer arrange to contact Dominic and the others, and talk to them 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. We hope that we can cooperate happily in the future. In the future, we will also call you'BOSS'. "

"..."

John Rupert, Surani and others also echoed the reply.

...

"BOSS, this is the general situation. This is the specific situation of our entire CSCB Holding Group and the four major branches of CSCB in the future."

After nearly 10 days of detailed negotiations, they finally reached an agreement, which is considered a result. After that, 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 the Standard Chartered Bank Holding Group were established. For example, the various funds, major shareholders and directors established by Li Feng secretly.

Nominally, Li Feng only owns 4.9% of the shares. The rest, including major funds, hold nearly 75% of the shares. The original Standard Bank shareholders occupy about 5% of the shares, including the China Government Fund and the rest. Funds, financial institutions, etc., hold a total of 15% of the shares.

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

The rest include Rockefeller and Roosevelt family funds that also control a total of 5 points of shares, as well as some Wall Street institutions, such as Morgan Stanley, etc., as well as several partners of Li Feng, such as Carlyle Investments and RAND investment companies. Wait, these are for future re-listing.

From this proportion of shares, it can be seen that Li Feng is firmly in control of the banking group. After all, the eight-story shares are Li Feng's words.

...

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

Among them, CSCB (Americas) is mainly based on East West Bank, combined with the original Standard Chartered business in the United States. With the mutual combination, the holding group has more than 80% of the shares. The remaining less than 20% of the shares, the shareholders include the original China Funds, several family funds, Bank of America, etc.

Among the CSCB (Greater China) companies, the business of the former Standard Chartered Bank in Greater China is mainly supplemented by the businesses acquired by the former Huamei in the Greater China. After the integration, CSCB Holding Group directly controls 80%, and the remaining 20% ​​is the Chinese government In the future, some of the major funds will be assigned to contact those wealthy families in Xiangjiang.

Among them, the original shares of China Minsheng Bank controlled by East West Bank were transferred by Li Feng. After all, Li Feng knew very well that in the future, the domestic Minsheng Bank would have a market value of 780 billion US dollars when Li Feng was reborn. It is a 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 that Li Feng initially invested in are all the best assets in the future, and there is no reason to make wedding clothes for others.

CSCB (Africa) Company is naturally based on Standard Bank, supplemented by the original Standard Chartered Bank’s business in Africa. The previous holding company’s 2.5 billion gold plus the merged Standard Chartered business, CSCB Holding Group holds 70% of the shares, and the rest 30% are shareholders of the original Standard Bank.

The shareholders of the original Standard Bank, in addition to the initial complete withdrawal that they opposed, some shareholders are still willing to get shareholders of African companies, and some want to get shares in the holding group. Li Feng can be regarded as satisfying their wishes.The wishes of these two parts of shareholders also represent the concepts of the two parts of people. One part wants to protect Africa, while the other part is thinking about global expansion and development.

Finally, the remaining business of the original Standard Chartered Bank plus the business that it expanded and acquired outside of China during the financial crisis in Asia has directly inherited the name of CSCB. In addition to the Asia Pacific and Middle East regions, it will focus on starting in the future. Develop business in Europe.

This piece of business, thanks to Li Feng’s previous acquisition of shares and the privatization of the stock market, the holding group is almost 100 holdings, that is to say, Li Feng controls 80% of the shares through the holding group’s parent company.

The business of the four major divisions are complementary and closely linked to ensure that the future CSCB can operate globally.

...

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