Chapter 369: Acquisition of Liverpool
East West Bank's shareholding is relatively dispersed, the largest single shareholder is actually Galaxy Capital, which now holds more than 10% of the shares, and others include BlackRock Fund, Vanguard Fund and State Street Bank Group (this is actually the major shareholder in 2018, which was difficult to find before), but they are more financial investments and generally do not intervene in the management of the company. Moreover, East West Bank's second financing has been approved by the board of directors, and what Galaxy Capital needs to do is to turn this financing into a targeted financing, open only to Galaxy Capital, and acquire more shares to reorganize and control the company's board of directors. The specific operation is not very complicated, especially after Wu Jianming agreed to the acquisition of Galaxy Capital. Galaxy Capital's ultimate goal is to own more than 50 percent of East West Bank's shares. Of course, it is likely that such a shareholding ratio will not be maintained with future acquisitions, but the control of the board of directors should not be lost.
Wu Jianming did not have much resistance to the strength of Galaxy Capital, after all, he did not have many shares in Huamei, and most of them were obtained through stock options and the like, Zhou Shi promised to give him higher treatment, higher stock options, and a better future, in this case, he continued to oppose it, except for having a grudge with Zhou Shi, he really couldn't think of too many reasons, but Wu Jianming and Zhou Shi had no enmity, and Lu He was a member of the American Committee of 100, even if he was not a friend, he would not become an enemy.
"Mr. Lu, the president of the 100-person Association is about to be re-elected, does Mr. Lu have any ideas?" After Wu Jianming agreed to Galaxy Capital, he joined their team, so that he could know more information, better understand the strength of Galaxy Capital, and feel very happy about his final decision.
Zhou Shi didn't know what Lu He thought, it was really hard to say that the president of the Committee of 100 was not important, anyway, the people who joined the Committee of 100 were not necessarily the most powerful Chinese Americans. Wealthy Chinese do not necessarily become the president of the Council of 100, and the president of the 100 does not have much interest. Becoming the president of the Council of 100 is more of an honorable satisfaction.
"Forget it, I'm not interested in participating, there are still a lot of things I can't do now!" Lu He refused without hesitation.
"What's the matter? Galaxy Capital has made a big move again, it won't be too risky, although I think Galaxy Capital's current debt ratio is not high, but the organization and management may not be able to keep up!" Although Wu Jianming's wealth is not as good as that of Zhou and Lu, he still has more experience in the financial industry than them.
"It's not a big deal, Zhou Shi bought the English Liverpool football team, but asked me to be the chairman. "Lu He
"No, I still like football very much, why haven't I seen the relevant news reports!I haven't heard that those two people are going to transfer Liverpool!" Wu Jianming just finished speaking, and suddenly reacted, "Royal Bank of Scotland, they helped you complete the acquisition!" Wu Jianming remembered that after Galaxy Capital controlled East West Bank, the next step was to negotiate with RBS, and he quickly understood that it seems that the cooperation between Galaxy Capital and Royal Bank of Scotland is quite deep, but I don't know how they established a relationship.
Zhou Shi is too lazy to explain, and they won't explain, the biggest relationship between them is the relationship between money, what relationship can the nouveau riche general Galaxy Capital and the nationalized RBS have, regardless of political and economic aspects, they don't have too deep connections in the UK, and most of the connections are Lehman relationships. The reason why Lu He was made the chairman of Liverpool was equivalent to giving him most of the benefits of the acquisition of Liverpool.
The social background of the United Kingdom is very different from that of China, and football plays an important role in their lives, and it can also have a subtle impact on politics. It is also one of the best ways to build personal connections, and it is important to raise the profile of the world, and it is not difficult to understand why Abu and Mansour and even the world's capital have begun to buy Premier League teams. Most of Galaxy Capital, or Tianhe Securities, has stagnated in Europe, which is due to the financial crisis, and more likely to be the distrust of Galaxy Capital. In order to open up this market and for the future development of Tianhe Securities, it is necessary for Lu He to let the world know more about Tianhe Securities and Lu He himself.
In fact, there is another reason, after all, this is Lehman's base, how can Zhou Shi and Lu He have to incorporate them into their own system, in order not to delay the development of the company, it is necessary for him to sit in London as the master, whether it is division and collapse or other means, Tianhe Securities belongs to Galaxy Capital, and can no longer belong to Lehman. The various complex factors in this are not enough for outsiders, which is why Zhou Shi absorbed Wu Jianming into his management core so quickly, not because his ability is irreplaceable, but more because he needs a helper to check and balance Gregory, and it can't be too abrupt. At this time, Gregory's personal involvement in the acquisition of East West Bank became a good opportunity. In order to quickly complete the acquisition, it has become a necessary price for Wu Jianming to take the position.
A few days later, the British Sun Daily published a terrifying news: Wall Street bought the Premier League, and the Chinese bigwig took over Liverpool. In the news, the Wall Street tycoon who became famous in the subprime mortgage crisis and gained billions of dollars, Chinese immigrant Lu He has secretly bought Liverpool, and it is rumored that the former Liverpool owners Tom Hicks and George Gillette have almost lost all their money in this transaction and have to sign an agreement to lose power and humiliate the country. The article continues to speculate, is this Wall Street into the Premier League, or Chinese people into the Premier League, whether the future of the Premier League has become a place for China, Britain, the United States, Russia and France to fight between the five major Security Council rogue states, and our Premier League is still the Premier League of the United Kingdom?
Zhou Shi Lu He didn't expect that he was going to announce the news at the end of the season, so as not to cause unnecessary turmoil, but the British paparazzi were still too strong, and Lu He only participated in the last few negotiations, and the agent Zhou Shi completed the signing, but he didn't expect to be targeted by the pervasive Sun newspaper. The two are worried, after all, they still have a key candidate who has not been confirmed, which makes it a lot more troublesome. There are still 5 rounds left in the Premier League, and Liverpool's results are not known if they will be affected. However, even if they all win, they won't win the championship anyway, and they won't fall out of the top four, and Zhou Shi doesn't care too much.
Originally, Zhou Shi thought that the news of the Sun News would have a great impact, but he didn't expect everyone to laugh, and not many people believed it at all. Someone went to interview Liverpool captain Steven Gerrard and others about their views on the acquisition.
"No impact, do you believe the news of the Sun?" Gerald's statement represents the opinion of a considerable number of people, and the Sun is indeed not a reliable newspaper. At this time, Galaxy Capital's acquisition of East West Bank was also reported. A photo of Lu He and Wu Jianming appeared in major economic newspapers, and after the acquisition of Lehman, Galaxy Capital made another move in the financial field, which attracted widespread attention from the society.
(End of chapter)