Chapter 346: Lane Bank (Page 1/1)

Xu Qing was going to the Bay Area to buy a bank, and as early as a few months ago, Xu Qing had already sent someone to contact the bank, and the first stage of negotiations had already been completed.

Now Xu Qing is going because the negotiation has reached the most critical moment, and Xu Qing needs to negotiate in person, if the negotiation goes smoothly today, then the acquisition of that family will be basically completed.

Of course, this is also because the bank's assets are large enough to be qualified for Xu Qing to talk about it in person.

With assets of more than $8 billion, the bank is medium-sized in the banking sector.

If Xu Qing can successfully acquire the bank, it will be the largest company Xu Qing has ever acquired.

Because the bank has more assets, the acquisition plan is more complicated, and there are several comprehensive plans such as cash plus equity and fixed assets.

First, Xu Qing can't take out $8 billion in cash to acquire, in fact, even if he can, Xu Qing will not buy all of them with cash, and in many cases cash is more important than market value.

Second, the majority shareholder of the bank wanted Xu Qing's shares as a condition for acquiring the bank.

Xu Qing thought about it for a while and agreed to this condition, Xu Qing had already understood that it was impossible to hold all the shares of his company in his hands, and he had to take out a part of it, and Xu Qing's bottom line was to have absolute control over the company.

Since you want to take out shares, you must maximize the benefits as much as possible.

If you want to maximize the benefits of your company's shares, the method of directly exchanging money and assets is very general.

One of the ways to maximize profits, as in the case of the bank, is to acquire shares as in the bank.

The bank's major shareholder has a lot of influence in the United States, and Xu Qing doesn't mind combining interests in the form of a share exchange.

In the future, the shares of Xu Qing's other companies will also be taken out in this way, and the big forces will be selected as much as possible, but they are not the top big forces, such as the forces of the top ten consortia, and avoid them as much as possible.

Although it is impossible to avoid it completely, as long as you do it, you can still reduce it.

As for whether exchanging shares with big forces will lead to the encroachment of Xu Qing's company, Xu Qing is not worried about it at all.

If it is encroached upon by others in this way, what else can Xu Qing say, he can only say that he is garbage.

The bank's office address is one hour away from Xu Qing's villa, and the Bay Area is a very large area, nearly 20,000 square kilometers, almost the size of three Chinese Yangcheng.

When it comes to the Bay Area, many people think of Silicon Valley, and indeed, Silicon Valley is very famous all over the world.

But the Bay Area is also very financially strong, not much worse than Silicon Valley, and is the most important financial center on the West Coast of the United States.

The bank that Xu Qing went to buy is located in the financial center of the Bay Area, where many financial institutions are located, and the Tyrannosaurus Rex Foundation is also there.

Previously, the office of the Tyrannosaurus Rex Foundation was located in downtown San Francisco, but later Xu Qing felt that every time he went to the foundation, he had to take a car for several hours.

Xu Qing asked Huang Deen to move the foundation to the financial center of the Bay Area, and Huang Deen had no opinion, the financial strength of the Bay Area is stronger than that of San Francisco.

The area of the Bay Area Financial Center is relatively large, and it is very scattered, it only takes more than half an hour to go to the Tyrannosaurus Rex Foundation from Xu Qing's villa, but it takes 1 hour to go to the bank.

The car went around and around to the headquarters building of the bank, and before Xu Qing got out of the car, he saw a group of people coming over, who were from the bank.

After Xu Qing got out of the car, he smiled and exchanged a few polite words with them, and everyone entered the building.

After Xu Qing entered, he saw the interior decoration of the building, and sighed in his heart that it was worthy of being a bank, he was really rich, and this decoration exploded Xu Qing's company's office space.

It seems that banks are one of the richest companies in any country.

Now the Lane Bank, which is about to be acquired by Xu Qing, is also not bad for money.

Xu Qing is a little envious, his company's current office space is still rented, and the establishment of his own office building is still being discussed.

Site selection, how to build and other problems are not something that Xu Qing can solve in one sentence, and it will take at least a few years to have his own headquarters building.

Because Xu Qing came to talk about the acquisition, the shareholders of Lane Bank who owned a certain number of shares came, and those with few shares did not come.

Because there are too many shareholders of Lane Bank, more than 40 shareholders, how can Xu Qing negotiate with them one by one, so the minority shareholders of Lane Bank entrust those major shareholders to negotiate with Xu Qing.

There are 7 shareholders of Lane Bank who are negotiating with Xu Qing today, and their combined shares are about 90%, which can completely decide everything about Lane Bank.

The largest shareholder owns 36% of the shares, and his name is Cole, which Xu Qing thought was quite interesting when he first heard the name.

Because this name is exactly the same as the head coach of the Golden State Warriors in the original time and space, this is fate, Xu Qing is now the boss of the Golden State Warriors.

However, the future head coach Kerr is still playing for the Bulls and is a role player with little reputation.

Presumably, Cole, the majority shareholder of Lane Bank, should not know that Cole.

Before Xu Qing acquired Lane Bank, he investigated Cole's background and found that this guy's strength was really strong.

is the spokesperson of a big force, although his personal assets are only billions of dollars, the total assets of the force he is in are more than Xu Qing, reaching more than 70 billion US dollars.

Originally, with Cole's assets, he could make the Forbes rich list, but Xu Qing found that his name was not on the rich list at all.

These forces are really low-key.

In fact, many big forces with rich backgrounds will not let themselves make the Forbes rich list, and even if they want to be on the list, they will only launch a person who often appears in front of the stage.

If someone takes a serious look at the big forces in Europe and the United States, they will find that many of them have much more assets than the Forbes rich list, and there are many such forces in China.

Xu Qing never thought that he was really the richest man in the world, and before he was reborn, Xu Qing did not think that Bill Gates was really the richest man in the world.

There are really a lot of big forces hidden behind the scenes.

Xu Qing and the people from Lane Bank came to a large conference room, and everyone sat down.

Previously, Xu Qing's acquisition negotiation team had been talking with Lane Bank for several months, but this time Xu Qing came in person, and did not engage in anything vain, and directly started negotiations.

The shareholders of Lane Bank wanted the shares of Xu Qing's company, and Xu Qing agreed, but which company's shares to use and how many shares to exchange for became the most critical point of negotiation.

Xu Qing's acquisition negotiation team and Lane Bank have been negotiating on this key point for more than half a month, but no consensus has been reached, so Xu Qing has to negotiate in person.

Lane Bank wants a stake in Xu Qing's three major groups, and each group has a 15% stake.

At first, they wanted a 17% stake, but it took more than half a month to negotiate to reduce it to 15%.

Xu Qing would not agree to this condition at all, but Xu Qing did not want to give up the acquisition of Lane Bank.

Read the URL: m.