Chapter 862: Tang Feng's Request
In fact, Tang Feng's personal sitting, if it weren't for Tang Feng's personal sitting, Tang's Anglo-American Group, perhaps this commercial merger and acquisition case with the third largest transaction amount in human history would have become a joke.
Glencore Strata is Switzerland's largest company in terms of sales, with sales of $230 billion in 2016, more than double the sales of Nestle, Switzerland's second-largest company, and almost four times the sales of Novartis and Roche, the other two most famous Swiss companies.
But Glencore Strata's total profit in 2016 was only a pitiful $2.2 billion, only one-seventh of Nestle's total annual profit, and Nestle's annual profit was as high as $15.7 billion, and even Novartis and Roche, which each had sales of just over $550 billion, had a profit of more than $10 billion a year.
So, Glencore's status in Strata is really embarrassing in Switzerland right now. But even if it is embarrassing, Glencore Strata is very, very important in Switzerland.
Because the merger and acquisition was a bona fide merger, Tang's Anglo American Group first submitted a letter of intent to the Swiss Federal Ministry of Economy, Education and Research (WBF), the EU Antitrust Trade Commission, and the Economic Commission for Europe on December 10, 2017, and then began to carry out the merger and acquisition action ten days later, on December 20, 2017, when Tang's Anglo American Group received written replies from the three committees.
But at this time, the originally calm financial market suddenly made a big noise, and several huge shares of unknown origin suddenly began to carry out large-scale acquisitions of Glencore Strata shares
This is definitely not a good thing, this is someone who wants to take advantage of the fire and take advantage of the sensitive period of the good faith merger and acquisition of Glencore Strata by the Down's Anglo-American Group to make a big move on the stock market. Ostensibly, this action is merely a massive acquisition of Glencore Strata's shares. But in fact, this is clearly an attempt to take away Glencore Strata from the hands of the Tang Anglo-American Group!
This situation is intolerable to the Down's Anglo-American Group!
However, before the merger and acquisition, the top management of Tang's Anglo-American Group had already anticipated the possible situation, including this kind of tiger mouth. Therefore, in a very short period of time, the Tang Anglo-American Group united a group of allies. In the financial market, it launched targeted actions against some targets, and successfully played a beautiful drama in the European stock market to save Zhao.
And it is not Tang Feng who directs all this, Tang Feng can only be regarded as a sergeator in this big drama at best, and its real behind-the-scenes director is CapitaLand, which Tang Feng spent a lot of money to dig from Deloitte. Williams.
Cade. Williams was a senior accountant at Deloitte & Touche, one of the world's Big Four accounting firms, before becoming the chief financial officer of Down's Anglo American Group.
Prior to his role as a senior accountant at Deloitte, CapitaLand. Williams worked as an investment manager at a prominent investment bank on Wall Street. It is recognized in the eyes of the financial tycoons on Wall Street.
This guy has an excellent investment eye and a keen sense of the turmoil in the stock market. Before the stock market crash in the United States on 10/19/87, CapitaLand. Williams had already noticed that something was wrong, so on the afternoon of October 16, the last trading day before "Black Monday", he decisively sold all the shares he was experiencing, and as a result, he miraculously escaped the famous stock market crash and avoided a lot of losses for his clients.
Furthermore. Cade. During his career as an investment manager in an investment bank, Williams has also made numerous profits for his clients. He has made a name for himself on Wall Street.
Later, as he grew older, he had earned enough to earn enough money. Williams played a gorgeous turn, left Wall Street in style, entered Deloitte, and began his retirement career. Later, under the introduction of Sam's father, Tang Feng was second only to Christian. Albert's annual salary. Dig up this famous legend of Wall Street to the Tang Anglo-American Group.
More than two months before Tang's Anglo-American Group was preparing for a full takeover of Glencore Strata, CapitaLand. Williams found Tang Feng and told Tang Feng about some of the things he was worried about, including the blockade of foreign funds.
Cade. Williams does have a forward-looking vision, precisely because of his reminders and the response plan he gave. It was only then that Tang Feng authorized CapitaLand two months in advance. Williams, who asked him to preside over the merger with Christian, gave CapitaLand a new idea. Williams has enough power to deal with the possibility of accidents.
And Tang Feng was more than two months ago, that is, before his wedding, according to the Cade . At Williams's request, he called all the tycoons he knew, seeking a financial alliance.
Although Tang's Anglo-American Group has deep pockets, it has not yet been listed after all, and the funds in its hands are still limited, so in order to deal with the very likely obstruction action, Tang's Anglo-American Group must prepare enough funds, which must Tang Feng personally come forward to find a collaborator.
In this regard, Tang Feng called the three major families in the United States, and also called Mansur in the Middle East, in the economic war between Europe and the United States last year, Mansour decisively joined the American side at the suggestion of Tang Feng, and as a result, he benefited a lot in that economic war and tasted great sweetness, so this time for Tang Feng's request to seek cooperation, Mansour agreed very happily.
In this way, the participation of the three major families in the United States has ensured that the Tang Anglo-American Group will be invincible in this acquisition, after all, whether it is the Morgan family, the Mellon family or the Rockefeller family, they all have an extremely powerful bank under their names.
The Morgan family's ******** Bank, the former world's No. 1 bank, is now the most outperformed by China's ICBC and CCB, but everyone knows how. But the strength of ******** is absolutely unquestionable, and $2.5 trillion in assets is no joke.
The Mellon family owns the Mellon National Bank, the world's largest financial securities firm, with more than $18 trillion in assets under custody.
As for the banks under the name of the Rockefeller family, although they are not as powerful as the first two, Chase Manhattan Bank is also a large bank with total assets of more than $660 billion, ranking third in the United States.
With the sponsorship of these three families, Tang's Anglo-American Group has five worries about funding.
And the reason why Mansour's Abu Dhabi Investment Authority was brought in was because Tang Feng had a more long-term idea. Oh, you stop me, do you want to fight and run? Where is there such a cheap thing in the world? Run away without leaving anything behind, you really think I'm a sick cat!
Since you dare to reach out, you should be prepared to have your hands chopped off! And the funds of the Abu Dhabi Investment Authority are the axes that Tang Feng used to chop his hands! (To be continued.) )