Tianhe Securities wants to acquire Citigroup, even if Huatou, SDIC, Abu Dhabi, and Temasek all support it, it is useless, not to mention the huge debt he already has, just the current government holding background, and his huge scale, there is no such possibility. Decades later, there may be this possibility, but now, even if Citi goes bankrupt, Zhou Shi doesn't want to buy it. In fact, at this time, there are still people who want to stir up right and wrong and question the legitimacy of Galaxy Capital's acquisition of Lehman assets. Of course, these are all in vain, even if Galaxy Capital is weakened to the extreme, an acquisition is an acquisition, Galaxy Capital has invested heavily in the development of Tianhe Securities, how can it be possible to take it back at this time. Even if there is a violation, too many fines will not be accepted.

The acquisition Gorman is talking about is actually Citigroup's Salomon Smith Barney's retail stockbroking business, but it is one of Citi's most high-quality assets, even in the first three quarters of '08, it brought in $7.9 billion in operating income. Originally, if there was no Zhou Shi's appearance, as the CEO of Da Mo, James Gorman would have won Meibang at the beginning of the year, instead of waiting until now.

The most powerful securities department of the investment bank is Merrill Lynch, followed by Citigroup Meibang and Da Mo, but Da Mo has not had a good time these years. I tried to sell it several times without success, and I have been laying off employees until now. Citigroup has no problems, the main thing is that Citi has been nationalized, which not only has serious debt problems but also has a lot of operating pressure. Citigroup's chairman at the time, Pandeit, intended to sell the shares of Meibang Securities, but unfortunately Goldman Sachs did not need it, and Da Mo had an idea, but in the end no agreement was reached because of the price issue. The market valuation is more than $15 billion, and Da Mo naturally will not agree to such a price.

A few months later, Citigroup reformed and split into two companies, one Citibank and the other Citigroup Holdings, Citibank will retain the group's traditional banking business in more than 100 countries, and Citigroup Holdings will incorporate some "non-core" and "toxic" asset management, consumer finance business and Milbank Securities, as well as Citigroup's subsidiaries in Japan, Nikko Citigroup Holdings and Nikko Asset Management.

In July 2007, Citibank bought a hedge fund managed by Pandit for $800 million and appointed him as head of the alternative investment group. After that, in just five months, Pandit completed the "trilogy" of Citibank, from the initial chairman and CEO of the Institutional Client Department, to the management of all trading and investment banking departments, to the leadership of the entire Citigroup, and became the CEO of Citibank, which can be said to be full of legends.

Zhou Shi watched the passionate Gorman leave his office, and a sense of pride welled up in his heart, he still felt like doing this kind of big thing, and it was really not interesting to make a small fuss. It's a pity that I don't know how much Tianhe Securities is worth, it has invested nearly 3 billion US dollars, and its revenue in 2009 will be about 5 billion US dollars, and if you don't count the operating profit of 200 million US dollars, it may only be 200 million US dollars, counting the use of prophets, as well as various acquisition commissions, plus big actions such as the European debt crisis, the profit may exceed 1 billion US dollars. According to the 15 times P/E ratio, the market value is estimated to be between 30~15 billion US dollars. If you want to acquire a company of about $15 billion, there will obviously be a big problem. But at this time, it's really not a question of funding. There are many ways to have no money, and this kind of large-scale mergers and acquisitions of financial enterprises will have countless enterprises to provide financial support. The important thing is how to get Citi to agree, knowing that Meibang is a high-quality asset.

After thinking about it, there is nothing to do, but the necessary preparations still need to be made, so let's say hello in advance!

"Hey, is it high?" Zhou Shi picked up the phone and didn't look at the time.

"Mr. Zhou, what's the matter? I've just gotten up!" Gao Xiqing

"Just got up, where are you?" Zhou Shi thought he would know Huaxia, but it didn't seem to be

"London, are we considering buying some real estate properties, or investing in a few companies, and are investigating! What's wrong?" Gao Xiqing did not hide on the phone

"What are you investing indiscriminately, the European debt crisis has just begun, don't choose the wrong industry, if you make a strategic investment, if it's a financial investment, now is not a good time to enter the market. Zhou Shi persuaded

"It's okay, it's just an investigation now!" Gao Xiqing

"By the way, has the new telecom company been formed, what is its name, and what the specific equity distribution is, I haven't had time to know yet. "Zhou Shi

"You're ...... It's not good to pay attention to such a big business, and the heart is too big."

"Anyway, this is not the core of my strategy, it's just to make a little money, and I don't have to bother with you staring at it. "Zhou Shi

"Hey, British Telecom's directional financing, we have obtained 30% of the shares, of which 10% in Abu Dhabi and 20% in the White Tiger Fund. With our funds, Intel purchased some of the shares of the new mobile communications company, and together with the capital injection, it also accounted for 30% of the shares. The new company, called EE Communications, also issued a batch of bonds, convertible bonds, to us, and we can get about 10 percent of the shares, and the merit is finally complete!"

"Then have you and China Mobile's equity been distributed?" Zhou Shi

"Let's talk about this again, who knows if there will be changes in the future, maybe it's all for China Mobile. Gao Xiqing was also helpless, from the beginning of reluctance, to later recognized the value of this investment, so that he wanted to get more shares, which had several reversals, and China Mobile had a lot of dirt.

Regardless of Huatou and China Mobile, anyway, Zhou Shi said that the fixed one-third of the funds are still borrowed from Huatou, which is equivalent to nothing (exaggeration, it must be paid, but the amount and proportion are a problem), and there is about 6.6% of British Telecom's shares.

"I have a big project here, which may involve a $10 billion acquisition, and you can help me prepare a $5 billion loan line, is there a problem?" Zhou Shi opened his mouth to borrow money.

"What project, why didn't I hear the wind?" Gao Xiqing

"We haven't started planning yet, but once it's launched, we're sure to make a quick decision, and it's not good if we let the money drag it back. "Zhou Shi

"You have to give some detailed information, just say, no specific time, no project, let me prepare. "High festivity

"If you want to forget it, I'll go directly to the bank, with the current reputation of Galaxy Capital, we can still handle the $5 billion fund. "Zhou Shi

"Okay, I'll prepare it for you, take it as you go, we must have a bite in this project!" Gao Xiqing thought of something and immediately changed his words

"It should be possible, I will try my best to help you fight for it" Zhou Shi is also not sure about the final form of cooperation, and does not dare to guarantee that Huatou is different from other sovereign wealth funds after all.

Read the latest chapter, and that's it