Chapter 466: The Significance of Acquisition of AIA
Soon they dispersed in twos and threes, and Guo Guangchang pulled Zhou Shi to the side.
"Simon, what's going on with AIA now?" Guo Guangchang
"We started late, so many people were staring, so we had to follow the normal process. Zhou Shi was quite speechless to him, he told him a year ago, and he didn't pay much attention to it at first, but now it's okay, AIG announced that AIA will IPO in Xiangjiang, with a minimum financing limit of $60 and strive for $8 billion, and is expected to be listed in the second quarter of next year at the earliest. You know, even at the height of the financial crisis, AIA was profitable and maintained a certain growth rate. It is almost impossible to buy such a high-quality asset cheaply, and it is useless to start early. Modu Securities and Sixiang Fund jointly acquired AIA China, but the contract was about to be signed, but it still failed.
"There is no hope for friendly China either?" Guo Guangchang said disappointedly
"AIA China has little hope for the time being, and AIA will not give this up before it is acquired. "Zhou Shi
"Isn't AIA going public, why do you say acquisition......?
"It has nothing to do with me, it's Prudential Insurance in the UK, and it's suddenly involved!"
"Why haven't you heard the slightest news?" Guo Guangchang
"Prudential has not yet made an official offer" Zhou Shi
"Do we still have a chance?" Guo Guangchang
"Well, there's little hope. Zhou Shi lamented that Galaxy Capital's funds earned in the subprime mortgage crisis did not exceed 20 billion US dollars, most of which had been used, AIA insurance at least 30 billion US dollars, how could this fund need to be financed through various channels, but unfortunately there was a lack of assets of listed companies, whether it was Sixiang Fund or Galaxy Capital, there were not enough financing channels, and there were many state-owned enterprises to join, Huatou would not provide much help to Zhou Shi, Abu Dhabi may be willing, but the Mubarada Investment Fund they control does not have such great financial resources, and other Temasek is somewhat possible, but Galaxy Capital will definitely be difficult to become the dominant oneγ
"The situation of AIG is not optimistic, if someone pays enough, they can immediately win the AIG. Zhou Shi added that capital is the most important thing, and it is impossible to come up with half of the $30 billion with Fuxing's capacity.
"Did we just miss this opportunity?" said Guo Guangchang
"You can show your presence, we will directly offer to AIA at that time, $25 billion in overall acquisition, anyway, it's impossible!" Zhou Shi
"$25 billion should be enough, right?" said Guo Guangchang
"AIA's business revenue is more than $11 billion, annual profit is more than $1.5 billion, and the price-to-earnings ratio of 20 times is not high, right?" Zhou Shi said casually
"Do you know these financial data of theirs?" Guo Guangchang looked at Zhou Shi in surprise, Fuxing was about to turn to finance, but he realized at this time that the gap between them was so big.
"These data are not necessarily accurate and can be used as a reference. "Galaxy Capital, Sixiang Fund and AIA have been handed over many times, and they will always find a way to get more data.
"What are you talking about?" Ma Ali walked over, these two were his acquaintances, so naturally he would not be polite, and directly interjected into the conversation between the two.
"Mr. Ma!" Zhou Shi hurriedly got up, Guo Guangchang didn't move, "find a place to sit by yourself", Zhou Shi and Ma Ali have some origins, Guo Guangchang and Ma Ali and others formed a Jiangnan Association. I can't tell who is closer, but Zhou Shi will never get carried away and maintain his etiquette at any time.
"Looking at your sad faces, is there anything that is stumping you at the same time?" asked Maali as he sat down
"We want to buy AIA, but we don't have the money!" Zhou Shi
"You're going to be short of money, oh my God!" said Maali exaggeratedly
"Be quiet!" Guo Guangchang
"How can you be short of money, so you can borrow it if you lack money?"
"I don't want to borrow so much from anyone, and I don't want to affect the normal development of my business because of borrowing money. "Zhou Shi
"Where did I get that much money!" Guo Guangchang
"How much do you want, can I make it up for you!"
Zhou Shi didn't feel happy when he heard this, if it were 5 years later, Zhou Shi would definitely jump up happily, but now, yard, you have so much liquid money from me?
"How much can you scrape together, can you exceed 10 billion soft girl coins?" Guo Guangchang
"This ...... This can have!"
"It's a pity that we need at least 20 10 billion!" Guo Guangchang, 20 10 billion is 200 billion, about 29.4 billion US dollars.
"Your ambitions are too big!" Ma Ali, at this time, the country has just begun to release water, and inflation is not particularly serious. Ali's market capitalization is not as high as 200 billion soft girl coins.
"Hey, it's a rare opportunity, it's a good opportunity to climb to the sky. "Guo Guangchang
"What kind of opportunity, how much money do you lack?" Liu Lao also walked over at this time
"Hello Liu Lao!" Zhou Shi stood up again, no way, he was the youngest here.
"They lack 200 billion soft sister coins, does Lenovo have them?" Maali
"Which country are you going to buy?"
"In addition to Huaxia, Asia's largest insurance kingdom - AIA!" Zhou Shi
......
The discussion of Zhou Shi attracted many people, such as Ma Yuhua of China Merchants Bank.
"Don't you know to look for me if you are short of money?" Ma Yuhua
Well, there was a big talker, and when he heard the figures they reported, Ma Yuhua was quickly dumbfounded.
"Why do you want to buy AIA, it's a big deal with your business scope. Someone suddenly asked
"What's the use of insurance companies?" MD, this question is too profound, Zhou Shi only thinks about acquisitions, how can he have time to think about the point of acquisition. His goal is to establish a full-license financial company in China, Buffett's foundation is also an insurance company, what insurance companies have, Zhou Shizhen doesn't know, anyway, before he was reborn, the most active in the domestic financial market was insurance companies, such as Baoneng's acquisition of Vanke, such as Anbang's crazy expansion, such as ....... There are so many that with insurance funds, especially universal insurance, investment-linked insurance and other products, many people have embarked on a crazy expansion journey. Among them, large amounts of low-cost funds may be the most attractive resource for insurance companies, which is why many fund managers are staring at insurance companies, insurance companies' funds cannot be lend, but can be invested, even if they are high-risk, they can also be invested with insurance funds, but the proportion of investment is limited. If Zhou Shi has an insurance company now, he can really be crooked in the short term, and maybe he can achieve a Huaxia Buffett's name within ten years. However, this is a bit more than worth the loss, Zhou Shi's current ceiling is obviously higher than Buffett's, how can a Chinese Buffett's nickname be suitable for him!
This esoteric question stumped everyone, and no one could say what the use of insurance companies was. Is it embarrassing for someone to say that after he controls the insurance company, the easiest thing to do is to let the insurance company's funds invest in a certain fund, and then this fund is invested in his private company? In the current social background of China, are you afraid that you will not be able to make money if you have money?
"Friendly countries are mainly concentrated in the Asia-Pacific region, including ASEAN, which is the focus of national development and has great significance for Chinese enterprises to go global. "Old Liu, Jiang is still old and spicy, whatever is important, you can open your mouth.
Read the latest chapter, and that's it