Chapter 31 Tripartite Talks

The opportunity has been given, and whether to seize it or not is not something that Tang Bao cares about.

Horst turned and left the office.

He wanted to take advantage of Tang Bao's opportunity in the company to arrange a meeting between Tang Bao and Deloitte and Arthur Andersen, and the presidents of the two companies had already intended to do so. Tang Bao rarely set foot in the company for a while before, and he didn't ask about the company's affairs, and Horst didn't easily agree.

Soon.

The presidents of both companies gladly accepted the invitation and arranged the meeting time as quickly as possible, that is, at 3 o'clock in the afternoon of the same day.

Horst ran back to the chairman's office to inform Tang Bao.

"Yes."

Tang Bao said with a smile. For another business meeting, he might have refused, but this time he had to meet with the CEOs of Deloitte and Arthur Andersen.

……

Afternoon.

Horst was aware of Tang Bao's taboos and didn't like people entering his office. Therefore, he arranged the meeting place for the afternoon in a small conference room.

"Boss, the people have arrived." Horst reminded.

"Hmm."

Tang Bao got up at this time, and the assets of Phoenix Investment Group have exceeded six billion US dollars, which is considered a large company and is qualified to put on a score. When the CEOs of Deloitte and Arthur Andersen came, he did not greet them in person, and handed them over to Horst to receive until the official meeting began.

Pushing open the door of the conference room, Tang Bao said with a smile: "I'm really sorry for the delay in processing some documents." ”

At this time, the two tall men in the conference room also stood up and stepped forward.

"Boss, this is Mr. Bruce, the president of Deloitte & Touche & Touche."

"This is Mr. Wadia, the president of Arthur Andersen."

"This is my boss, well, the chairman of Phoenix Investment Group, Mr. Tang Bao."

Horst stood aside and introduced the two sides.

Tang Bao smiled and shook hands with Bruce and Wadia in turn, although he tended to choose Deloitte, but at this time there would be no bias, the attitude towards the two was very peaceful, impartial, and politely greeted each other, and made a gesture of please, inviting the two to take a seat.

"Tang, I am very honored to be able to cooperate with Phoenix Investment Group, and I hope that our cooperation will continue to be enjoyable." Bruce preemptively said that for Deloitte & Touche, Phoenix Investment Group is undoubtedly a big client, and he has collected information about Phoenix Group through various channels, including Tang Bao's personal information. Although it is not much, Bruce can judge that Tang Bao is not a boss who likes to procrastinate, so after taking a seat, Bruce went directly to the topic.

Similarly, in order to compete for the big customer of Phoenix Investment Group, Arthur Andersen has done a lot of preparations.

At this time.

Seeing Bruce take the lead, Wadia was annoyed, but it was not good to interject halfway, the two were in competition, but the three-way business talks at this time were extremely grand, and any wrong behavior could lead to the failure of the talks and give the opportunity to the opponent.

"I'm looking forward to it, too." Tang Bao smiled and continued. But he didn't give a clear answer, after all, there is another Arthur Andersen next to it.

"Mr. Tang, Arthur Andersen is the world's best accounting firm, and we can provide your company with the world's top financial audit and other services." Wadia was not to be outdone.

Tang Bao nodded slightly.

In fact.

Bruce and Wadia were also guessing Tang Bao's thoughts at the moment, before, they only knew that they wanted to talk to Tang Bao, but they didn't expect their competitors to participate in the talks together, they didn't know what Tang Bao's real purpose was, so the conversation was also general and untargeted.

"Deloitte and Arthur Andersen are both very good accounting firms, and they both have their own strengths, and it was very difficult to choose which one to choose. It just so happens that our company has recently been raising a private equity fund, which involves various fields such as financial funds, legal and consulting, which are very complex. Tang Bao said slowly.

"Mr. Tang means ......"

Wadia didn't understand why Tang Bao suddenly mentioned the matter of private placement, could it be ...... He didn't dare to confirm the speculation in his heart.

Bruce also observed Tang Bao quietly, but Tang Bao's expression was smiling from beginning to end, and he couldn't see anything.

"Well, I'm going to hand over all the services involved in this private placement to both companies, and we'll evaluate the service levels of Deloitte and Arthur Andersen to decide who to choose as a partner of Phoenix Investment Group." Tang Bao simply opened his words.

Wow.

Both Bruce and Wadia were taken aback.

They were all shocked by Tang Bao's decision.

The raising of private equity funds is generally completed by the fund company itself, or through investment banks, and they have heard for the first time that an accounting firm is responsible for it.

"Mr. Tang, this ...... Are you not mistaken? Vadia asked in astonishment, and she couldn't care about being polite at this time.

"Of course. I'm serious, do you think it's appropriate to joke on such an occasion? Tang Bao asked rhetorically. He could see the expressions on their faces that they were crooked. Naturally, they cannot be responsible for the issuance and raising of private equity funds, but the team of Phoenix Investment Group is still responsible for it, and they are mainly responsible for the audit of financial statements, the drafting of legal documents and contracts, and the work of consulting.

Then.

Horst stepped forward to explain to Bruce and Wadia.

I see.

Bruce and Wadia also understood.

"Mr. Tang, can I understand that in this private equity fund issuance work, which one can make a big contribution or play a big role in the issuance of private equity funds, and can obtain your company's business contract?" Vadia continued to ask, which was what he was most concerned about.

In order to seize the big customer of Phoenix Investment Group. Deloitte and Arthur Andersen have done a lot of work, and they have naturally investigated the private equity funds that have been sought after by Phoenix Investment Group recently, which can be regarded as extremely popular.

And at this moment, Vadia asked this, he naturally had a purpose.

All of you here are people who understand.

They all understood the deep meaning of Wadia's words.

Which firm plays a greater role in private equity? This so-called "role" is somewhat broad, is it the role of financial auditing? What is the role of legal services? Or is it something else...... There are many things that can have a positive impact on private equity.

When Wadia said this, she wanted to start with a non-professional "business".

So Tang Bao didn't rush to respond.

"We choose an accounting firm in the hope that we can use the firm's professional services to assist Phoenix Investment Group in its better development, and whoever can better help Phoenix Investment Group is a partner of Phoenix Investment Group." After thinking about it for a moment, Tang Bao smiled lightly.

"I look forward to the performance of Deloitte and Arthur Andersen. Phoenix Investment Group also welcomes strong partners! "Tang Bao's words can be regarded as acquiescence to Wadia's words.

Talk.

This is the end of it.

Tang Bao also left in a hurry.

And neither Bruce nor Vadia were in a hurry to leave, as if they wanted more news from Horst.