Chapter 345: The Fourth Shot of Buying Standard Chartered!
Within a week, Sandywell, Jason and others have absorbed 8% of the outstanding shares of Standard Chartered Bank, and recently Sandywell has also begun to contact some senior executives and shareholders of Standard Chartered, although they are not very happy that Lin Yu wants to acquire Standard Chartered, but at a price 5% higher than the market price, they can be regarded as relatively happy to agree.
Among the shareholders who own the shares of Standard Chartered Bank, many of them are people known to several old men in Hong Kong, and with their help, Lin Yu's shares have now risen from 8% to 15%, an increase of about 15%.
Now if the major shareholders of Standard Chartered Bank know that someone wants to buy Standard Chartered, and then spend money to block it, then Lin Yu's capital to acquire Standard Chartered will be greatly increased, you must know that he does not want to buy a part of Standard Chartered shares, but wants to really buy Standard Chartered. Although Standard Chartered Bank is not very famous in the world, even if it is not big, its assets are nearly 200 billion Hong Kong dollars, although Lin Yu has prepared 50 billion US dollars to acquire Standard Chartered this time, if Standard Chartered Bank knows Lin Yu's intentions, and then spends money to block Lin Yu, then the 50 billion will definitely be smashed into this, and there will be no need to buy the Royal Bank of Scotland.
The $50 billion is based on Sandywell's idea to acquire the two banks of Standard Chartered and the Royal Bank of Scotland, and if it is too much to spend here in Standard Chartered Bank, then the acquisition of the Royal Bank of Scotland will undoubtedly be stranded.
"Boss, don't worry, those major shareholders of Standard Chartered Bank don't know about our acquisition of Standard Chartered, but I found an interesting thing, the current upper echelons of Standard Chartered because of rapid expansion, their capital chain has been broken, and now even if they know that we have acquired Standard Chartered Bank, they can't come up with money to stop it, except for those shareholders found by Hong Kong tycoons who have sold their shares in Standard Chartered Bank, and some other shareholders have already had the idea of selling Standard Chartered Bank. As a result, Standard Chartered Bank is no longer enough to bring them benefits, do you think we can reach out to these shareholders? Sandy Weil said.
"Is it that the capital chain of Standard Chartered Bank has been broken?" Lin Yu's eyes widened.
"I'm afraid so, otherwise those shareholders wouldn't want to sell their shares in Standard Chartered." Sandywell nodded.
"Okay, it's broken, no wonder those shareholders will sell so happily, I thought they were looking at the face of a few old men, but I didn't expect it to be the Standard Chartered Bank that began to have internal leverage, I think they should be laughing at us fools now." Lin Yu said with a smile: "It seems that Standard Chartered is destined to be ours." In this way, Sandy, contact those shareholders as soon as possible, and see how many of them are willing to sell their shares, and we will buy them at a price five percent more than the current market price. ”
Sandywell nodded and said with a smile: "If they are willing to sell, then the shares in our hands will exceed 20%, and with these shares, we will have the right to hold a general meeting of shareholders, hehe, this will save us a lot of acquisitions." ”
Lin Yu smiled and didn't say anything more.
Things went smoothly, and in just three days, Sandywell bought another 6% stake for Lin Yu from the executives and shareholders who were willing to sell their shares in Standard Chartered Bank, and these shares only cost Lin Yu less than 10 billion Hong Kong dollars.
According to the regulations of the Hong Kong Stock Exchange, after mastering 10% of the shares of a listed company, it must be reported to the stock exchange for audit and disclosure, but Lin Yu separated this part of the shares into the names of several people, so there is no need to go to the stock exchange for the time being. Now Lin Yu's 21% stake in the bank, as soon as these shares are in hand, Lin Yu is no longer ambiguous, and directly asks Jason to start a large-scale absorption of Standard Chartered Bank's outstanding shares, and strive for the major shareholders of Standard Chartered Bank to react and take all the outstanding shares of Standard Chartered Bank.
After Jason accelerated the method of accumulating chips, the senior management of Standard Chartered Bank finally knew that someone was buying Standard Chartered, and the news also spread to London, the majority shareholder of Standard Chartered Bank.
Yarman has been unfavorable recently, after the secret dating with a female star was exposed, for the sake of the family and his own image, Yarman had to deny all the relationship with the female star, and isolated any contacts, as one of the heirs of the Aris family, many of Yarman's actions were seen by the people in the family and remembered in their hearts, although on the bright side, the faces of Yarman and the Arris family were preserved, but only Yarman knew, People in the family have now begun to doubt his ability, and there are many people pointing fingers at him behind his back, especially the appearance of the female star who was wronged and cried on the screen, which made many people disgusted with Yarman.
But that's not all, he suddenly received a call from Hotline that someone was buying Standard Chartered Bank.
Someone buys Standard Chartered Bank? What jokes? Is Standard Chartered that easy to acquire? There have been people who have proposed to buy Standard Chartered Bank before, but at that time they were all rejected by Yarman, you must know that Standard Chartered Bank is one of the family properties he is responsible for, and the growth of Standard Chartered Bank will be tested as his family heir, if Standard Chartered Bank is acquired, then he will definitely be excluded from the family heirs, which is absolutely unacceptable to Yarman.
Now hearing that someone is buying Standard Chartered Bank, although Yarman was surprised, but he didn't take it to heart, but just asked people to inquire and visit, but after a query and visit, things made Yarman very annoyed, because he found that the other party's shares in Standard Chartered Bank had crossed the shares held by the Aris family, which made him not anxious.
"Didn't you pay attention to the shares of Standard Chartered Bank?" Yarman angrily rebuked several members of the family who were in charge of Standard Chartered. Everyone is a member of the Aris family, although they are not very harmonious in normal times, but this matter is related to the honor and disgrace of the Aris family, the ownership of Standard Chartered Bank, and in the face of foreign invasion, everyone should unite. Unexpectedly, these people sat back and watched the other party buy the shares of Standard Chartered Bank, indifferent, which made Yarman how not to be angry.
The members of the Aris family, who hold shares in BEA, look at me, and I look at it, and they all shift the blame to each other, and they all blame each other for dereliction of duty, and sit back and watch the family wealth be invaded by outsiders. Faced with this situation, Yarman had a headache and couldn't speak, and he smiled bitterly in his heart, if the members of the Yarman family can unite some, then how can the other party buy Standard Chartered Bank so easily. However, although he was angry, he also knew that it was not their fault, and that these people were also instructed by some people.
As soon as he thought of this, Yarman remembered his extremely clever sister, although he was the elder brother and the first heir to the family, but it was obvious that almost everyone in the family was optimistic about his clever and beautiful sister, but not so much on him as the first heir.
Although Yarman also thinks that his sister is more suitable for inheriting the family than himself, Yarman is angry at everyone's contempt for him, so he has the idea of fighting, but obviously, he is not suitable for this industry, under the design of his clever sister, his work is difficult, and even his love was exposed by his sister's design, which made him smile bitterly.
In fact, the relationship between the two is actually not bad, but both of them are arrogant people, Yarman always wants to show a brother in front of his sister, but his sister is dissatisfied with these, and always wants to prove that he is smarter than his stupid brother, so he has been designing Yarman, all of which Yarman also knows, but he didn't expect his sister to joke about the family's property.
Of course, although more than 20 percent of Lin Yu Bank's shares, including the shares circulating in the market and the shares of some other shareholders, have far surpassed the shares of the Aris Family Bank, Yarman felt heartache at the thought that the family bank would become someone else's bank, and he wanted to ask his sister what he wanted to do.
Although the Aris family is also a big family, it cannot be compared with big families like Rockefeller and Morgan, and it does not have the strength and prestige of the Italian Agnelli family, and the Aris family is just an ancient family in Britain.
What to do? Yarman's face was embarrassed, now the available funds in the hands of the Arris family are extremely limited, and it is really difficult to carry out a counter-takeover with the other party, thinking about it, Yarman still decided to temporarily release the news to the market, in order to temporarily raise the stock price of Standard Chartered Bank, increase the difficulty of the other party's acquisition of Standard Chartered Bank's shares, and force it to pay a higher price, in order to hope to deter the other party's acquisition of Standard Chartered Bank, of course, Yarman actually does not have much hope for this method, Now he wants to go back to the family as soon as possible and ask his sister what she wants to do