Chapter 191: United

After a little pleasantries, Ito Masatoshi went straight to the point: "Mr. Tang, Mitsui Bank and Mitsubishi Bank are very interested in taking a stake in Phoenix Investment Group. We intend to hold the remaining 1.215% stake in Phoenix Investment Group's financing expansion...... It is believed that the quotations of Mitsui Bank and Mitsubishi Bank will definitely satisfy Mr. Tang. ”

Well.

A smile appeared on Tang Bao's face, the whole world knew that Japanese banks were the richest, and he did not doubt the conditions that Ito Masatoshi promised.

Then.

Aoki Takaaki also spoke: "Mr. Tang, please believe in our sincerity. According to the previous investment agreements revealed by Bear Stearns and Citibank, the 1.215% stake is worth about $216.3 million. We are willing to raise the purchase price to $300 million! ”

Scold.

Tang Bao couldn't help but laugh in his heart, raising tens of millions of dollars is like a drizzle for giants like Mitsui Bank and Mitsubishi Bank.

Again.

Tang Bao has many opportunities to make money, how can he care about the premium of tens of millions of dollars. This time, Phoenix Investment Group expanded its shares to raise funds, and the price was placed in a secondary position.

"$400 million, $500 million......" Seeing that Tang Bao had not responded, Aoki Takaaki began to directly take the initiative to raise the offer.

The price is scurrying up like a rocket.

on this.

Tang Bao didn't react at all.

"A billion dollars! Mr. Tang, as long as you agree, we are willing to bid a billion dollars for a 1.215% stake......" Aoki Takaaki quoted a sky-high price.

……

"Alas. is domineering enough, but it is also in line with the characteristics of Japanese capital in this era, all the assets that are fancied, regardless of others, are smashed with money, and the opponent is smashed down. Although it seems to be a stupid method, it has worked surprisingly well, and many companies in the United States have been attacked by the Japanese in this way. Looking at Aoki Takaaki, he quoted a billion dollars without blinking. Tang Bao couldn't help but sigh.

In the eighties and nineties, Japanese capital was a typical example of people who were stupid and rich and capricious!

It's hard to buy money and I'm happy to do it.

As long as it is an asset that Japanese capital looks at, it is almost always smashed with money at any cost, smashing the opponent's psychological defense line and softening the opponent.

Let's be honest.

In the face of the billion dollars shouted by Aoki Takaaki, even Tang Bao couldn't help but be moved. As long as he agrees, tomorrow's newspaper may report a sensational news, "Crazy Japanese capital valuates Phoenix Investment Group at more than $80 billion......"

Yes.

According to the billion-dollar offer shouted by Aoki Takaaki, the total value of Phoenix Investment Group will exceed $80 billion!

"Mr. Tang......"

A billion dollars failed to impress Tang Bao. Aoki Takaaki was suddenly anxious, he couldn't understand why the method that had been tried and tested before suddenly lost its effect.

Suddenly.

Aoki Takaaki noticed Masatoshi Ito's eyes, suppressed the fire in his heart with interest, opened his mouth, and finally didn't say anything more.

His understanding of Tang Bao was limited to the intelligence information he had gathered, and the real interview was the first time.

"Uh-huh...... Mr. Tang, Aoki-kun's offer is several times higher than the normal price you booked. Maybe this didn't touch Mr. Tang's heart, but you should clearly feel our sincerity. Frankly, I'm curious too. Mr. Tang, what do you need besides funds. Please be honest with us, and if we can, we will do our best to make you satisfied. Masatoshi Ito said with a smile.

"That's right. Mr. Tang. As long as you bring it up, we will do our best to meet it! Jiro Kono also smiled and agreed.

Looking at the diminutive Kono Jiro, Tang Bao smiled. For Jiro Kono. He still has a little impression that this guy went to him to join forces to buy FirstWisconsin International Bank.

Condition?

To be honest, if Tang Bao was really asked to put forward conditions at will, he really couldn't think of anything to mention.

Again.

Standing behind Mitsui Bank and Mitsubishi Bank are the Mitsui Consortium and the Mitsubishi Consortium, and it is not necessarily easier to deal with them than Goldman Sachs.

"Huh. Are you talking about 'we' or Mitsubishi Bank? 1.215% of the equity, I am ready to sell it to only one company. Tang Bao looked at Ito Masatoshi with a smile, because it was difficult to make a decision for a while, he could only delay it for the time being.

But.

Tang Bao said that curiosity is also true, after all, the competition between Mitsubishi and Mitsui has always been very fierce, and the two sides have basically never cooperated.

He couldn't figure out how these two intolerable consortia got together.

"Mr. Tang, since Mitsui and Mitsubishi appeared together at the price, they naturally planned to jointly eat the 1.215% equity. As for your proposal to sell to a certain party, our two banks can set up a joint company to hold some equity. Masatoshi Ito replied with a smile.

Forehead.

Tang Bao was stunned, the two consortia not only mixed together, but also prepared to join forces?

In fact.

It's just that Tang Bao thinks too much about himself. Previously, Mitsui Bank didn't care about the Phoenix Investment Group's share expansion financing because it focused on Europe, and when Mitsui came back to his senses and wanted to join again, Tang Bao had already locked in nine investment institutions. They are going to be the chance to participate in the competition! Bank of Mitsubishi was one of the nine finalists, but it did not achieve the desired results, so Mitsui proposed that the two join forces.

Why did Bank of Mitsubishi agree to work with Mitsui?

That's because Mitsui Bank can provide help that Mitsubishi Bank does not have, that is, Masatoshi Ito, who has reached cooperation with Phoenix Investment Group before, all of them have acquaintances. Mitsui Bank saw this precisely because of this, so it used Masatoshi Ito, who had several relationships with Tang Bao, to make the entry point for cooperation.

Mitsui Bank is one of Ito-Yokado's major shareholders, and it is very reasonable that they can invite Ito Masatoshi.

Therefore.

There was a scene where Masatoshi Ito brought representatives of Mitsui Bank and Mitsubishi Bank to visit Tang Bao.

……

As time passed, Tang Bao was still silent, constantly thinking in his heart about how to make a choice.

Say yes or say no?

Or what kind of help can Mitsui and Mitsubishi banks mention to Phoenix Investment Group after agreeing? These are the things he has to think about!

Then.

Masatoshi Ito, as well as Takaaki Aoki and Jiro Kono, all waited patiently, waiting for Tang Bao to give them a satisfactory answer after thinking about it.

About half an hour passed.

"Huh......" Tang Bao, who had been sedentary for a long time, finally reacted. Slowly raised his head, looked at Ito Masatoshi and the others, and said, "Frankly speaking, the offer of one billion dollars, I feel the sincerity you showed. But ......" Tang Bao's voice changed.

But......

When they heard this word, the expressions of Masatoshi Ito and the others suddenly tightened, and their hearts rose to their throats, and they were extremely nervous.

"However, this time Phoenix Investment Group has raised funds and expanded shares, and the price is secondary." Tang Bao looked at the nervous Masatoshi Ito and the others. Said with a smile.

Well.

Ito Masatoshi and the others subconsciously nodded in agreement, and in the face of the billion-dollar offer, Tang Bao didn't rush to agree, and they realized this.

"Mr. Tang, please tell me if there are any conditions, and we will definitely show our sincerity." Jiro Kono urged with a smile.

"Okay."

Tang Bao replied. Then he didn't continue to hang his appetite, and directly said his request: "I plan to set up an investment bank in Japan, and I hope to become a member of the Tokyo Stock Exchange." I don't want any obstacles to come up in the process. ”

Well.

As soon as these words came out. Jiro Kono and Takaaki Aoki couldn't help frowning.

After speaking.

Tang Bao's eyes never left Kono Jiro and Aoki Takaaki, waiting for their reply. Mitsui Bank and Mitsubishi Bank have a very strong presence in Japan, and as long as they are willing to help, there will be no obstacles to the plan to set up an investment bank in Japan.

Eighties and nineties.

Japan's supervision of foreign capital in the financial sector is relatively strict. It is not easy for foreign investors to set up investment banks in Japan and obtain membership of the Tokyo Stock Exchange. According to Tang Bao's memory, even a large American investment bank like Morgan Stanley entered Japan. All of them were mediated by the U.S. government, and they were entered through joint ventures with Japan.

……

Arguably.

The conditions proposed by Tang Bao are for Jiro Kono and Takaaki Aoki. It's not an exaggeration to say it's difficult. It's normal for the two to be in a dilemma.

"Mr. Tang, your conditions ...... Can you change it? After a long hesitation, Aoki asked tentatively.

"Hey."

Tang Bao deliberately sneered and said, "Could it be that this is the sincerity you let me see?" If so, the matter is to be stopped......"

"No, no! Mr. Tang, you misunderstood, I just think ......" Aoki was anxious.

Jiro Kono stopped Takaaki Aoki, who was a little flustered, still calm as usual, and said with a smile: "Mr. Tang, since you put forward this condition, you should know that our government is very strict in regulating finance, and we come forward to help, but I am afraid that the chance of success is not great." Do you think that's good? Well, the newly established investment bank, which has little chance of passing the examination as a sole proprietorship, is jointly established by us...... This makes it easier to pass the government's review. ”

"Joint venture?"

Tang Bao was slightly stunned, he just said that Morgan Stanley entered through a joint venture, but he didn't expect him to go through this way.

But.

That's fine, and it's okay to have a joint venture. With a decision, Tang Bao replied decisively: "Okay, let's set up a joint venture investment bank according to their 50% shares." ”

"But we ......," Jiro Kono was about to say.

See here.

Tang Bao naturally knew what the other party was thinking, and hurriedly interrupted: "It just so happens that your two banks need to form a joint venture company to hold the equity of Phoenix Investment Group, and in my opinion, this company is just suitable for me to set up a joint venture investment bank." 50% of each is very reasonable! ”

“……”

Jiro Kono was speechless, he knew that since Tang Bao said so, he was afraid that it would be difficult to change it. "Okay, that's it...... If Mr. Tang is interested in selling his equity interest in a joint venture investment bank, we have a right of first refusal. ”

"No problem. In the same way, when you want to sell equity, you must also give priority to me! Tang Bao said with a smile.

Next.

Negotiations between the two sides went extremely smoothly, and soon an agreement was initialled. Japan's Mitsubishi Bank and Mitsui Bank have teamed up to acquire the final 1.215% stake in Phoenix Investment Group. (To be continued......)