Tang Bao understood that Arthur Andersen's Wadia might want to take a shortcut, and he agreed to follow the other party's intentions, but also to see what means Arthur Andersen would use.

"Wait, Mr. Tang~"

Suddenly, a voice came from behind, interrupting Tang Bao's thoughts, Tang Bao's footsteps paused, stopped, and turned to look at the source of the sound.

I saw that Vadia was hurrying to catch up......

Wadia?

Tang Bao was slightly surprised, they had just finished the talks, and at this time, Wadia hurriedly came over, because he still had doubts about the content of the talks.

"Mr. Tang, excuse me. I want to talk to Mr. Tang alone......" Wadia bent down slightly apologetically, and then explained her intentions.

Ponder for a moment.

Tang Bao finally agreed. He is not optimistic about Arthur Andersen, and he does not even want to cooperate with Arthur Andersen, but he has to admit that Arthur Andersen is developing very rapidly at the moment, and he has the momentum to become the world's largest accounting firm, and he cannot have a bad relationship with it.

"My office is a little messy, so I won't invite President Wadia in, let's go to the gym downstairs to talk in detail." Tang Bao explained with a smile.

"Okay."

Wadia readily agreed, where to talk is not the point, the key is that Tang Bao agreed to his request to talk privately, which made him a little more confident in this competition with Deloitte.

……

Come to the gym.

Because it is still during working hours, there are very few customers in the gym, and it is quite quiet. Tang Bao and Wadia found a corner lounge and walked in.

"President Wadia, it seems that we have talked in great detail, do you still have doubts about this?" Tang Bao asked with a smile.

He didn't want to waste precious time with Wadia in this roundabout.

"No, no. Mr. Tang, you misunderstood. I came to you, not to ask anything, but to hope that Tang can choose Arthur Andersen as your company's strategic partner! Wadia shook her head and denied it, and then explained her intention to come to Tang Bao without hurrying.

Tang Bao was noncommittal, just kept a slight smile.

Wadia stared at Tang Bao for a long time, unable to see through Tang Bao's true intentions, which made him very discouraged, and secretly sighed that this young man who single-handedly created the Phoenix Investment Group really can't be judged by his age. But this was also expected by him.

"Mr. Tang, as far as I know, the assets of Phoenix Investment Group have increased dozens of times since its establishment. The influence on Wall Street is also increasing...... I think that if Mr. Tang wants to continue to expand at this rapid rate, he will need much more funds. Wadia said.

Tang Bao still nodded silently. He didn't understand Wadia's words, but Tang Bao understood that it was Wadia who took the initiative to find him, no matter what the other party said, there was only one ultimate goal, and he wanted Tang Bao to choose Arthur Andersen, so the initiative was firmly in Tang Bao's hands.

He's not in a hurry.

"The best way for Phoenix Investment Group to raise a large amount of capital is to promote the company's listing, and we at Arthur Andersen can provide support in many ways to ensure that the listing of Phoenix Investment Group can be a complete success." Wadia has studied Phoenix Investment Group in depth and knows that the company's development is very strong, but it may gradually fall into a bottleneck of development, and it is generally necessary to promote the company's listing to solve financing difficulties or expand the company's influence.

Belch......

Tang Bao was a little stunned, and Wadia turned the topic to the listing of Phoenix Investment Group, which was somewhat unexpected to him. Could it be that this guy still wants to make a strategic share?

"It's a pity, President Wadia, if you want to talk to me about this, there may be nothing to talk about between us, Phoenix Investment Group has no plans to promote the company's listing." Tang Bao spoke. He didn't lie, and he did not push for Phoenix Investment Group's IPO plan.

There are many reasons for this.

First, Phoenix Investment Group has abundant funds and has no need for listing financing.

Second, Phoenix Investment Group has developed rapidly, but it has been established for a short time and its foundation is unstable, so he is not in a hurry to continue to blindly expand its scale.

Last but not least, Phoenix Investments' many investments are a true reflection of its potential value, and it is not possible to obtain an ideal valuation at this time to push the company public. Rushing to go public is tantamount to taking out the cake for capital to carve. This is something that Tang Bao can't tolerate!

"Well, it doesn't matter, with the impressive achievements of Phoenix Investment Group, even if it is not listed, it can be financed through other channels. This has been proven by the popularity of your company's private equity funds with a wide range of investors. However, we at Arthur Andersen can help Phoenix Investments take matters further, strengthen your company's position in the investment space, and expand your company's reach. Wadia said.

"Oh?"

Wadia's words made Tang Bao interested.

"That's the company's rating, and I think it's very important to get a better credit rating regardless of whether Phoenix Investment Group is listed or not." Wadia said.

Tang Bao suddenly realized that what Wadia said for a long time is this, the company's credit rating is indeed very important, especially for financial investment institutions. It is equivalent to a company's credit ID card and market pass, a good credit rating, which can reduce the company's financing cost and difficulty. On the other hand, if the company's credit rating is not high, it will be difficult to get a loan or issue corporate bonds, and even if the interest rate is raised, no one will be willing to invest in you.

"Arthur Andersen has a deep and close working relationship with Standard & Poor's, and if Mr. Tang chooses Arthur Andersen as a strategic partner, Arthur Andersen will do its best to help your company achieve a credit rating of at least AA, and may even get a credit rating of AAA." Wadia said seductively, as if he was afraid that Tang Bao would not know the scarcity of AAA credit rating companies, and he added, "Mr. Tang, at present, only 60 companies in the United States have obtained AAA credit ratings, and if Phoenix Investment Group obtains AAA credit ratings, I think Mr. Tang should understand how much help the company should have." ”

Call.

Standard & Poor's AAA credit rating, Tang Bao was moved. The three major international rating agencies of Standard & Poor's, Fitch and Moody's are interconnected, that is, Standard & Poor's gives Phoenix Investment Group an AAA credit rating, and the other two institutions are very likely to follow suit. Not exactly, if not entirely, not much.

That'......

Phoenix Investment Group will become the best quality investment institution in the eyes of the public. Of course, even if there is no rating, Phoenix Investment Group is the best.

But there is still a huge gap in the influence between the two.

While S&P, Fitch and Moody's are not impartial, they are at least the world's most trusted rating agencies, and their influence is so great that even sovereign countries have to pay attention to the credit ratings of the three institutions. Just like in the previous European sovereign debt crisis, French President Nicolas Sarkozy has publicly stated that one of the core priorities of the French government is to maintain its AAA credit rating.

This shows the importance and impact of credit ratings.

……

"President Wadia, your proposal is very attractive, but unfortunately, I can't accept this condition. I believe that Phoenix Investment Group will achieve the credit rating it deserves......" Tang Bao firmly rejected Wadia's conditions, and secretly sighed that Arthur Andersen really likes to play with fire.

Now.

Agreeing to Wadia's terms is tantamount to playing with fire, and when a series of scandals are exposed by Arthur Andersen, the regulator is likely to find out about this private deal, which will be the biggest scandal for Phoenix Investment Group.

"Mr. Tang......"

Seeing Tang Bao's refusal, Wadia immediately became anxious.

Without any hesitation, Tang Bao got up and left, he couldn't take this risk.