Lao Fengxiang's daily limit is nothing, and the turnover of the whole day is less than 200 million. This is still Zhou Shi's operation, which amplifies a lot of trading volume. However, he didn't know that because his account was opened in another securities company, it had already been leaked. The person who operated Lao Fengxiang was taken aback when he saw Zhou Shi enter in person, and only then did he have a last-minute Jedi counterattack. With tens of millions of soft sister coins, he wants to control the market, he really thinks too much. Not to mention whether Zhou Shi's operation was illegal, he didn't need to deal with the aftermath, and this little thing didn't affect him.

The biggest difficulty in acquiring AIA is to gain control of AIA, as long as there is control, then Zhou Shi's companies can obtain a large amount of cash flow through the model of issuing bonds to AIA. So it doesn't matter if the price is high, if you can get control of AIA, it's all worth it. You must know that more than 70% of the cash of insurance companies is invested in low-risk bonds, and it is not up to the company's management to decide which company's bonds to buy?

The next day, Zhou Shi and Hu Guniu came to Xiangjiang, and yesterday they had already made an appointment with the senior management of AIG and AIA.

"My intention is clear: I want to acquire more than 30% of AIA's shares and gain limited control of the company after AIG exits AIA. "Zhou Shi

"You have so much cash? This time, we have strict requirements for the speed of the funds arriving in the account. "AIG's Robert Benmercher.

"I didn't think it would take time to get it all at once, and I believe it would take AIG to quit AIA completely. "Zhou Shi

Simon's words are not unreasonable, but we have better options, and there is no need to put it off until later. "Robert Benmercher

Benmerche is in favor of selling AIA, but Harvey Grober's exit has determined that AIA will largely only exit through an IPO. If AIG sells AIA in disguise in another way, it must be that Ben Moche is happy to see it. Of course, such a thing can only be said in private, not on the table. Zhou Shi needs more high-sounding reasons to convince Ben Moche and AIA CEO Du Jiaqi.

"$10 billion for 30 percent of AIA shares. After some communication, Ben Mo gave their offer. Such a price equates to AIA's valuation of $33.3 billion, which is not much lower than Prudential's first purchase offer. However, such a price is obviously not acceptable, and Prudential's second offer is less than $30.5 billion. This is not much different from the AIA's later listing price.

But AIG's refusal to cut prices led to the collapse of the deal with Prudential in part because of assurances from sovereign wealth funds such as the Abu Dhabi Investment Authority, Singapore's Temasek and China Investment Corporation, as well as strategic investors such as Chinese Life and Ping An, that they were strongly interested in reviving AIA's Hong Kong listing plans.

However, the possibility of AIA being acquired by domestic enterprises in China is really small, and after understanding this industry, Zhou Shi knows more clearly. Judging from the main business of insurance itself in underwriting and claims, it does not make much money. Insurance profitability mainly depends on participating in investment after getting the money back, and investment not only depends on a good team, but also depends on a good external environment, both of which are indispensable. Therefore, in the current market situation, the haze of the subprime mortgage crisis has not disappeared, the European debt crisis is imminent, and the global economic slowdown seems to be a foregone conclusion. Galaxy Capital, the profitability of the Four Elephants Fund is second to none, at least for now, which is also their advantage. But high risk is also their biggest disadvantage, will the always cautious and conservative AIA agree to integrate into Zhou Shi's system?

"Such a price is too high, and no one will agree to this valuation. And this time we are only ready to buy $5 billion in shares, and we plan to buy 35 percent of AIA shares in the next three years. Zhou Shi said sincerely

"But reality may not be able to make you get what you want!" Ben Mo looked at Zhou Shi with a smile, he really dared to think, thinking that God was his father? If AIG would agree to such a condition, I am afraid that there will be ten more companies that want to acquire AIA.

"I believe anything is possible, and even if AIA is willing to IPO, I am afraid that we will not be able to find a buyer who will force us to be more generous, and the merger of Facebook and Friends.com gives us enough cash to pay at any time. "Zhou Shi

AIG now has a lot of debt, paying more than $100 million in interest every month. Even at a 5 percent loan rate, $5 billion in interest expenses would cost more than $20 million a month, and it will take time for the funds to arrive after AIA's IPO.

Zhou Shi's conditions are a little attractive to AIG, but if this alone is obviously not enough to impress them. Fortunately, Zhou Shi, who has been laid out for a long time, is very familiar with the AIA, and the division of various forces is also very clear, this IPO is in charge of Morgan Stanley and Goldman Sachs, and Blackstone Fund is their financial director, these companies, Zhou Shi is no stranger. Even if you don't use illegal means, there are still some conveniences that can be provided. Fortunately, it is in the honeymoon period with Da Mo Goldman Sachs and others, and many things are easy to discuss.

Just when Zhou Shihu and others were working hard to acquire AIA in Xiangjiang, Yuan Tianfa of Meibang Securities came to the door.

"Simon, I heard you're going to buy AIA?"

"That's right!" Zhou Shi

"Is there much hope?" Yuan Tianfa

"The success rate is about 30 percent. "Zhou Shi

This kind of tens of billions of dollars of acquisition is generally very complicated, AIA's situation is relatively simple, this is mainly because AIG is short of money, not very particular, as long as the acquirer's background is relatively simple, the relevant regulators agree, do not delay the arrival of funds, they will basically agree. And at this time, the management of AIA basically did not have much right to speak.

"Why don't you invite Mr. Xie Shirong to acquire AIA?" Yuan Tianfa, Xie Shirong is the former CEO of AIA and has deep roots in the company. With his help, you can avoid many detours.

"Please, he's our general counsel, but he hasn't announced it yet," Hu Guniu

"I want to join this acquisition?" said Mr. Yuan

"Now is a critical moment for the merger of American Securities, and it is very unwise for you to come out at this time. "Zhou Shi, one of the world's largest securities companies, and the other is Asia's largest life insurance company, how do you compare?

"I heard that Meibang Securities has been assigned to Mr. Lu's personal name?" Yuan Tianfa asked Zhou Shi bluntly.

"You're well-informed, yes, there's such a thing. "Zhou Shi, Lu He's self-establishment of the door is actually very secretive, and I want to wait until the dust settles on the friendly side before announcing it, so as not to disturb the army's heart.

"I joined Tianhe Meibang Securities because of Simon, not because of Mr. Lu. ”

"But Mr. Lu is more professional than me, maybe more promising. "Zhou Shi

"The professionalism of Mr. Hu and I is not necessarily worse than Mr. Lu, which is not a reason for success. I believe Simon's success is not just due to luck!"

(End of chapter)