Chapter 1095 Lloyds Bank Proposes to Acquire Standard Chartered Bank!

March 30, 1986.

Sunday.

It was a day off.

Maris did not return to the Empire Group headquarters building, but went directly to the Repulse Bay Hillside Villa to meet Yang Ming.

In the study on the third floor.

Yang Ming and Maris talked about the acquisition of Standard Chartered Bank.

It can be said that Lloyds Bank was in the front and Empire Group was behind.

It was like a mantis catching a cicada while the oriole was behind.

Yang Ming hoped that Lloyds Bank would move first and Empire Group would move later.

"Boss, I will go to London tomorrow morning in the name of inspecting the European headquarters."

The acquisition of Standard Chartered Bank did not want too many people to pay attention to it. As the general manager of the Empire Group Cabinet, Maris's every move would attract a lot of attention.

So, this time Maris went there in the name of inspecting the European headquarters of Empire Group, but he was actually in charge of the acquisition of Standard Chartered Bank.

Yang Ming and Maris finished talking.

Maris went home to prepare.

Rest for a night.

The next day was March 31, 1986.

Today is Monday.

After saying goodbye to his wife, Maris drove to Hong Kong Kai Tak International Airport, and then flew directly from Hong Kong to London.

Maris left.

Ma Shimin, general manager of Overseas Trust Bank, served as general manager of the temporary Empire Group Cabinet.

While Maris was not in Hong Kong, Ma Shimin temporarily handled the cabinet affairs.

. . .

Fly directly from Hong Kong to London.

About fourteen hours.

The international flight that Maris took landed safely at London International Airport.

When Maris and his bodyguard got off the plane.

Barlow had come here in advance to greet him.

At this time, Maris was very important, and the royal family of Y and Mrs. Satchel both attached great importance to him. However, Maris came without notifying the royal family and Mrs. Satchel in advance.

Barlow personally took Maris away.

Then he checked into Yang Ming's Jazz Manor in a small town in London.

When the two arrived here, they went directly to a guest room.

After New Year's Eve, Barlow flew back to London, and then began to secretly investigate the information of Lloyds Bank and Standard Chartered Bank.

Among them, Lloyds Bank, also known as Lloyds Bank, is not only one of the four major private banks in Country Y, but also very powerful.

The banks controlled mainly include Bank of Montreal, Lloyds European Bank, and National Bank of New Zealand.

Since 1972, it has jointly carried out credit card business with Midland Bank and National Westminster Bank.

It has close relations with the oil, steel, aircraft and shipping industries in China, and has many branches internationally.

In 1983, Lloyds Bank changed its past strategy of "big is good" and focused on increasing shareholder interests, setting a goal of doubling shareholder interests every three years.

In addition, the management of Lloyds Bank has long been eyeing Standard Chartered Bank.

In addition to the low stock price and market value of Standard Chartered Bank, it is also a step for Lloyds Bank to further layout its international business.

When the management of Lloyds Bank thought that no one else had noticed the potential of Standard Chartered Bank, Barlow found out that Lloyds Bank had indeed noticed Standard Chartered Bank.

However, it has not officially announced the acquisition of this bank.

Privately, Lloyds Bank has contacted the management of Standard Bank, but was strongly opposed and resisted by the management of Standard Bank.

The other one is the detailed information of Standard Bank.

Standard Bank not only owns Hong Kong Bank, but also has branches such as India Bank, Australia Bank, Singapore Bank, Standard Bank of Southern Philippines, Arizona Union Bank, etc. and acquired independent branches. It is a truly multinational bank.

Although Standard Bank's main profits come from Africa and Asia at this time, its strength is very small.

When Barlow learned from his boss that Lloyds Bank was going to acquire Standard Bank, Barlow felt that the opportunity of the Empire Group had come.

At this time, the Empire Group controlled more than a dozen Chinese banks in Hong Kong, as well as the Taiwan Taibei Tenth Credit Union, but Barlow also knew that the current scale of the Empire Group was indeed not enough with these banks alone.

It is unknown how much money flows in and out of the Empire Group every day.

Especially since the Empire Group was first made in the stock market, the security of the inflow and outflow of funds is more important.

Even with a partner like Huifeng Bank, Barlow knew it was still far from enough.

"General Manager, although Lloyds Bank is very powerful, its capital flow is still far behind our Empire Group." Barlow said.

Historically, Lloyds Bank failed to acquire Standard Bank because of its own capital flow problems.

In the end, Asian tycoons such as Bao Yugang and Qiu Debo successfully blocked Lloyds Bank from acquiring Standard Bank.

Mai Lisi and Barlow were negotiating there.

"Before I came, the boss said that we should wait for Lloyds Bank to make a move before we make a move."

If the Empire Group directly announced the acquisition of Standard Bank now, it would probably cause a lot of attacks. However, if the Empire Group waited for Lloyds Bank to come forward first and then made a move, it would be different.

Mai Lisi's plan during this period was to first inspect the European headquarters of the Empire Group.

Then he would visit the royal family on behalf of Yang Ming and the Empire Group and meet with the queen. In addition, he would also meet with Mrs. Satchel and, if necessary, ask Mrs. Satchel to support the Empire Group's acquisition of Standard Bank.

. . .

The next few days.

After Merrith met Kayla.

Merrith visited the royal family on behalf of Yang Ming and Empire Group, met the queen, and presented gifts.

Although Yang Ming did not come to London, it was almost the same that Merrith came on behalf of Sir Yang and Empire Group.

Went to the royal family and visited the queen.

Then went to 10 Downing Street and met Mrs. Satchel on behalf of Yang Ming and Empire Group.

Merrith talked with Mrs. Satchel for a long time.

Finally Merrith left and returned to Sir Manor.

Time came to April 7, 1986.

A week after Merrith came to London.

Lloyds Bank immediately announced a full acquisition proposal to Standard Jardine Bank at a price of 750 pence per share, which was strongly opposed by the management of Standard Jardine Bank.

However, Lloyds Bank is one of the four largest private banks in Country Y.

And Jardine Bank is a multinational bank and one of the largest listed banks in Country Y.

Now, Lloyds Bank wants to swallow up Jardine Bank, which still attracts the attention of many investors in Country Y.

Since Standard & Poor's management did not provide its latest profit forecast in the opposition document issued by the management of Lloyds, nor did they explain in detail the reasons for opposing the acquisition, institutional investors tended to support Lloyds Bank, and the situation was quite critical.

In addition, there was another fatal point for the management of Standard & Poor's Bank.

88% of the shares of Standard & Poor's Bank were held by institutional investors, and their orientation had a decisive influence on the acquisition.

At this time, these institutional investors began to favor Lloyds Bank.