"Mr. Tang, I hope we can get along happily in the next cooperation!" After initialing the cooperation agreement, Jiro Kono bowed and said.

Forthwith.

Takaaki Aoki and Masatoshi Ito also bowed to Tang Baoxing.

"Happy working together!"

Tang Bao replied with a smile that it was very cost-effective to choose to cooperate with Mitsubishi Bank and Mitsui Bank in exchange for an opportunity to enter the field of investment banking in Japan. Moreover, as far as the current development situation is concerned, there is no direct conflict of interest between him and the Japanese consortium, and the cooperation between the two sides will be a win-win situation in the short term.

The cooperation negotiations with Mitsubishi Bank and Mitsui Bank seemed to be very smooth, but the negotiations lasted nearly five hours.

"Mr. Tang, let's stop bothering!" After signing the cooperation agreement, it was already more than nine o'clock in the evening, and Ito Masatoshi offered his farewell.

Well.

Tang Bao got up very politely to send him off, and he knew in his heart why Ito Masatoshi and the others were in a hurry to leave, he must have gone back to report the good news. "Mr. Kono, Phoenix Investment Group will hold a corporate restructuring meeting in the near future, and all shareholders will be invited to attend the meeting." When Masatoshi Ito and the others were sent to the door, Tang Bao reminded Jiro Kono with a smile. During the negotiation, Tang Bao found that Ito Masajun was silent almost the whole time, obviously just a referrer and did not have much power. And the person in charge of the whole scene is none other than Jiro Kono, vice president of Mitsubishi Bank.

In fact.

This is also in line with common sense, Mitsubishi Bank in the eighties and nineties was stronger than Mitsui Bank. It makes sense that Jiro Kono of Mitsubishi Bank became the dominant man.

"Okay, let's wait for Mr. Tang's good news. We are also very much looking forward to participating in the internal meeting of Phoenix Investment Group! Jiro Kono bowed.

……

"What? Tang, did you abandon Goldman Sachs and choose to cooperate with Japanese capital? When Mrs. Annette heard the news, she had a very shocked expression on her face.

Forehead.

Tang Bao was very calm, and he still had a smile on his face. "Well, yes. The final 1.215% of Phoenix Investment Group is jointly held by Bank Mitsubishi and Bank Mitsui. ”

"This ...... Don, didn't we discuss it a long time ago, choose Goldman Sachs, why did you suddenly change your mind? Also, why choose Japanese capital, I have also contacted many Chinese, and they do not seem to have a good impression of Japan. Mrs. Annette was puzzled.

"Goldman Sachs' purpose of taking a stake in Phoenix Investment Group is not simple, and I am not sure of control. As for choosing to cooperate with Japanese capital, it is because the conditions they offer are generous enough. Tang Bao said with a smile. Then, looking at Mrs. Annette with a confused face, she asked, "Mrs. Annette, guess how much Japanese capital bid in order to get 1.215% of the equity?" ”

"This ......"

Mrs. Annette groaned, she really couldn't use common sense to deduce the Japanese capital that has been like an explode in recent years.

"A billion dollars!"

Tang Bao smiled and quoted a number.

Forehead.

Mrs. Annette's eyes widened in astonishment, and her mouth opened for a long time. Apparently, she was also struck by the madness of the Japanese.

"A billion dollars is the second ......," Tang Bao said slowly.

"What. Isn't that enough? Mrs. Annette's body was shocked, and she looked at Tang Bao in shock, secretly thinking that the Japanese were doing something even more crazy.

"Hey. The other party agreed to set up an investment bank in Japan with me. Tang Bao didn't hide it either. Say it directly.

Well.

Hearing this, Mrs. Annette could only nod in understanding, she finally understood why Tang Bao chose Japanese capital.

"Whew...... Tang: The Japanese government has always been strict in regulating foreign investment in the field of financial investment. It is difficult for foreign investors to do business in Japan. And you can succeed so easily, it seems that Japanese capital is not generally optimistic about Phoenix Investment Group! Mrs. Annette sighed. But. You also have to be cautious, Goldman Sachs' purpose is not simple, and Japanese capital is not simple to pay such a big price in order to get the equity of Phoenix Investment Group. ”

"Hmm."

Tang Bao smiled and nodded. Mrs. Annette is very reasonable, Mitsubishi Bank and Mitsui Bank are willing to put down their bodies, and naturally they will not just send him money.

But.

At least now Tang Bao can't see the problem, and he is not as blatantly as Goldman Sachs to show his intention to get involved in the Phoenix Investment Group.

Talk about it.

Tang Bao and Mrs. Annette began to discuss the restructuring of Phoenix Investment Group, which was the main reason why he visited Mrs. Annette again. 10% of the equity has been divided, and next, it is necessary to sign formal investment contracts with Bear Stearns, Citigroup, etc., and also need to adjust the structure of Phoenix Investment Group, at least the board of directors of Phoenix Investment Group will be completely replenished......

"Well, Tang, there is no problem with this restructuring plan in general, however, I think it is best to take advantage of the opportunity of the company's restructuring to carry out a round of personnel adjustments." After listening to Tang Bao's plan for the restructuring of the Phoenix Investment Group, Mrs. Annette was silent for a long time before suggesting in a low voice.

"Personnel adjustments?"

Tang Bao was surprised that the operating performance of Phoenix Investment Group was very good, and there was no major problem with the company's organizational structure, and he did not think about making adjustments.

After all.

Phoenix Investment Group is also large, and every internal personnel transfer is afraid that it will cause a wave of turmoil and take more time to adapt.

The key is that Tang Bao feels that Phoenix Investment Group is very good, and there is no need to adjust. But he also knew that Mrs. Annette would not be unpurposeful.

"First of all, after the company restructuring, Phoenix Investment Group and East West Bank will become closer, but because of this, there is a greater need to strengthen risk control. As far as I know, the risk management department of Phoenix Investment Group has a very low sense of existence and a very small right to speak, so I think you need to strengthen the authority of the risk management department and let it play a greater role. Well, I don't know much about the head of the risk management department of Phoenix Investment Group, and I have no say in whether he is qualified for this position. If necessary, it is best to strengthen the team of the Risk Management Department! Lady Annette said. Since agreeing to be Tang Bao's personal economic consultant, she has also been learning about and researching Tang Bao's property in order to make recommendations.

Forehead.

Tang Bao admitted that Mrs. Annette was right, the presence of the risk control department was indeed very low, and she had no right to speak. It's more like an ornament. Because since the establishment of Phoenix Investment Group, it has always been Tang Bao himself who has played an important role in risk management and control.

He relied on the rebirth advantage to avoid a fatal crisis.

But.

Because of this, the risk management and control department has become an ornament and accumulation, and it has always stayed in the initial stage, and has not formed a mature and stable risk management and control system. Let's assume that if Tang Bao suddenly loses the predictive advantage, I am afraid that risk management and control will become a major weakness of Phoenix Investment Group...... Thinking of this, Tang Bao woke up like a dream.

"After the share expansion financing. The Phoenix Investment Group may face a more complex situation within it. And you don't have the leisure to sit in Phoenix Investment Group all the time. So you have to keep a firm grip on the key departments and make sure that there are no surprises. ”

"Huh? Even after the Phoenix Investment Group expands its shares and raises funds, I am still the absolute majority shareholder and have absolute control. Tang Bao said with a smile.

"Yes, you're right. Even after Phoenix Investment Group's share expansion and financing, your equity is close to 50%, and basically no one can threaten you...... However, sometimes the amount of equity is not necessarily the only factor, the key is to control the people. Mrs. Annette reminded. Therefore. There must be no problems with the finance department and the human resources department, and of course, the CEO of Phoenix Investment Group is the top priority! ”

"Hmm. Speaking of the Chief Executive Officer, that's what I'm going to talk to you about next! Lady Annette said slowly.

"Horst?"

Tang Bao was surprised.

"Yes, that's him. I know that Horst is a veteran of the Phoenix Investment Group. Phoenix Investment Group has developed to this day, and he has made great contributions. I'll say, though, Don. Don't you think his power is too great? There is no one to check and balance him except you. And you rarely go to Phoenix Investment Group, and so on. Sooner or later, there will be surprises. Mrs. Annette said solemnly.

Call.

Hearing Mrs. Annette's reminder, Tang Bao couldn't help but think of Horst's strong opposition to supporting East West Bank in the first place.

Too much power?

It's not just too much power! In Phoenix Investment Group, Horst, as the CEO, is the absolute boss who handles everything big and small.

That is, it was just restrained when Tang Bao appeared.

"Whew. Mrs. Annette, I know what to do about Horst. After a moment of silence, Tang Bao nodded slightly.

"Hmm."

Mrs. Annette smiled, and then pointed out some minor problems. "Tang, after this financing and share expansion, Phoenix Investment Group has not yet been listed, but its valuation has long far exceeded the market value of many listed companies. The $15 billion valuation is widely considered too high...... This kind of mainstream public opinion is very unfavorable to Phoenix Investment Group and is easy to hit morale. It is best to show the strength of Phoenix Investment Group and tell the outside world that the valuation of $15 billion is worth the money! ”

This......

Tang Bao was stunned, Phoenix Investment Group has always been a myth in the investment community since its birth, and the annual return on investment has always been highly impressive.

Isn't that enough?

Again.

Since Citigroup, Bear Stearns, Mitsubishi Bank, etc. all agree that it is a valuation of $15 billion, Tang Bao does not feel the need to confirm anything to the outside world. Anyway, Phoenix Investment Group is not a listed company, so there is no need to take care of the public's feelings.

"Don. If Phoenix Investment Group can take advantage of the opportunity of restructuring and once again show its super investment strength, it will further enhance the influence of Phoenix Investment Group on Wall Street, and at the same time, it will also make investors such as Citigroup and Bear Stearns feel at ease and at ease. Mrs. Annette emphasized.

Well.

Tang Bao just nodded slightly, but did not give a clear answer, in his memory, there were not very good investment opportunities in 1988.

"It's so hard to break out. It would have been good if it had been 1989, and at this point in time, it was almost the time of the Japanese economic crisis......" Tang Bao couldn't help but smile bitterly in his heart.

Of course.

It was impossible for Tang Bao to tell Mrs. Annette about this.

……

Three more days passed in the blink of an eye.

Tang Bao, who had already made the restructuring plan of Phoenix Investment Group, finally began to call new shareholders. Representatives from Bear Stearns, Citibank, Wells Fargo, Three Hills Investment Company (a joint venture between Mitsui Bank and Bank Mitsubishi), Moke Fund, Phoenix Employee Fund and East West Bank attended the event.

Well-informed reporters also frantically flocked to Phoenix Investment Group, intending to go in for an interview, but they were blocked by security guards when they rushed to the door.

Helpless.

I can only stay outside and wait for news.

The signing ceremony was very simple.

Tang Bao only said a few words, and then confirmed the equity issue with all parties in public. The four major shareholders of the former Phoenix Investment Group jointly hold 87% of the shares, East West Bank holds 3% of the shares, Bear Stearns holds 2.8% of the shares, Citibank holds 2.5%, Wells Fargo holds 2% of the shares, Three Hills Investment Company holds 1.215% of the shares, Moke Fund holds 0.81% of the shares, and Phoenix Employee Fund holds 0.675% of the shares.

Soon.

A formal investment agreement has been signed. Immediately, Tang Bao announced a complete set of restructuring plans for Phoenix Investment Group...... (To be continued......)