Chapter 1096: Empire Group to Acquire Standard Chartered Bank

Chapter 1096 The news that the Empire Group is going to acquire Standard Jardine Bank shocked the world!

When Lloyds Bank announced the acquisition of Standard Jardine Bank, Myles and Barlow knew that the Empire Group's opportunity had come.

That afternoon.

Myles and Barlow secretly met with the executives of Standard Jardine Bank.

At first, the executives of the Standard Jardine Bank headquarters were very surprised to see Myles, the general manager of the Empire Group, and Barlow, the general manager of the Empire Group's European headquarters, come to see them.

When it was learned that the Empire Group also wanted to acquire Standard Jardine Bank, Standard Jardine Bank did not expect to encounter a wolf in front and a tiger in the back.

However, now Myles has put forward several points that are very different from Lloyds Bank.

First, the headquarters of Standard Jardine Bank is still in London and has not moved to Hong Kong.

Second, after Standard Jardine Bank was acquired by the Empire Group, the management will not change for the time being.

Third, after Standard Jardine Bank was acquired by the Empire Group, it basically did not interfere.

For these three points, in fact, for the first point, even if Standard Jardine Bank was acquired by Lloyds Bank, the headquarters would definitely remain in London, but at that time, these management would definitely undergo major changes.

These executives of Standard Bank seemed unmoved by the acquisition proposal proposed by Myers.

After all, for Standard Bank, the Empire Group is as strong as Lloyds Bank, or even stronger than Lloyds Bank.

If Lloyds Bank is a wolf, then the Empire Group is a vicious tiger for them.

Now, Standard Bank was targeted by the wolf in front and the tiger in the back.

Most importantly, the management of Standard Bank does not hold too many shares now, and basically all the shares are in the hands of other investors.

If they do not get the support of institutional investors, Standard Bank will either be swallowed up by Lloyds Bank or by the Empire Group.

The executives of Standard Bank were unmoved.

This seemed to be within the expectations of Myers and Barlow.

In that case, they could only take the initiative.

That afternoon.

Barlow held a press conference at the European headquarters of the Empire Group, announcing that the Empire Group would fully acquire Standard Bank.

Among them, the acquisition price was 800 pence per share.

According to this purchase price, it is 50 pence higher than the purchase price given by Lloyds Bank. According to the current 1 pound equals 100 pence, it is equivalent to an extra 0.5 pounds per share.

The most important thing is that the strength of the Empire Group is obviously much stronger than that of Lloyds Bank.

The press conference of the European headquarters of the Empire Group has just been announced. Not only Lloyds Bank was shocked, but other European and American capitals were also very shocked.

At this time, Meris had personally visited the Prime Minister Mrs. Satchel.

A few days ago, Meris had met Mrs. Satchel on behalf of Yang Ming and the Empire Group. This was the second time.

When Mrs. Satchel learned that the Empire Group was going to swallow up Standard Chartered Bank, Mrs. Satchel did not feel too surprised.

These years.

Under the auspices of Mrs. Satchel, Country Y has been privatizing, and the Empire Group has swallowed up an unknown amount of assets.

It can be said that now one-third of Country Y’s assets basically belong to the Empire Group.

Mrs. Satchel, the royal family, and even many people in Country Y felt that Sir Yang and the Empire Group had transferred a lot of assets to Country Y, otherwise how could they have acquired so many privatized assets in Country Y.

In this case, they all regarded Sir Yang as their own.

It seemed normal for the Empire Group to announce the acquisition of Standard Bank.

"Mr. Merrith, we will not interfere with the acquisition of Standard Bank by the Empire Group. It will be fine as long as it is a normal and legal acquisition." Mrs. Satchel said.

After all, the palms and backs of the hands are all flesh.

In her eyes, the Empire Group and Lloyds Bank are the same.

Although Sir Yang, the chairman of the Empire Group, cooperates more closely with her, this time Lloyds Bank is also going to swallow Standard Bank, so she will not favor either side.

Merrith knew that as long as Mrs. Satchel and the cabinet did not favor either side, it would be support for the Empire Group.

Now the Empire Group is too powerful, and its liquidity is probably not comparable to that of ten Lloyds Banks.

After Mrs. Satchel's statement.

Merrith knew what to do.

. . .

The news that Barlow, general manager of the European headquarters of the Empire Group, announced the acquisition of Standard Bank was quickly spread back to Hong Kong.

At this time, many people in Hong Kong were boiling.

When the Chinese bank crisis broke out in Hong Kong, the Empire Group single-handedly swallowed up those problematic Chinese banks and successfully solved the Chinese bank crisis for the Governor's Office.

They did not expect that the Empire Group had already set its sights on the multinational bank Standard Bank.

Among them, Hong Kong Bank is still a subsidiary of Standard Bank.

Taipingshan Mid-level Villa.

The home of Shen Yi, the boss of Huifeng Bank.

Shen Yi just learned that the Empire Group was going to swallow up Standard Bank.

And Standard Bank is a competitor of Huifeng Bank in Hong Kong. If Standard Bank is acquired by the Empire Group, what does it mean?

Shen Yi is very clear.

Shen Yi has no reason to stop the Empire Group from acquiring Standard Bank.

What's more, Shen Yi can't stop it now.

Historically, Bao Yugang, as a shareholder of Huifeng Bank, even resigned from the position of director of Huifeng Bank in order to take over Jardine Bank, and then became the vice chairman of Jardine Bank.

However, now the Empire Group wants to swallow Standard Jardine Bank, which is somewhat different from the historical investment of Bao Yugang in Standard Jardine Bank.

Shen Yi was wandering around.

He decided to meet Yang Ming tonight.

However, Shen Yi did not expect it.

When he was about to meet Sir Yang, the landline in the living room of the villa rang. It was a call from the Yang family of the Repulse Bay Mid-Levels Villa.

Yang Ming wanted to meet him.

However, it was Yang Ming who came to see him in person.

Now that Yang Ming came in person, it showed that Yang Ming still respected Shen Yi.

. . .

Two hours later.

Yang Ming, Alina, Yingla, Lin Dezhong and others took a car to the Victoria Peak Villa.

Yingla and Alina came here and looked out from here. They were really attracted by the night view of Victoria Harbour and Victoria Peak.

Yang Ming went in to see Shen Yi.

Shen Yi had been waiting for Yang Ming.

The two went directly to the study.

The golden Huifeng Bank Building that Yang Ming gave him in the study had already been sent to Country Y by Shen Yi.

Of course, every time Shen Yi thought of it, he felt that Sir Yang was really generous.

"Sir Yang, I heard that you are going to acquire Standard Bank?"

"Mr. Shen, in fact, we learned that Lloyds Bank was going to acquire Standard Bank, and then we made a move. Moreover, now that the Empire Group's business is all over the world, it needs a multinational bank like Standard Bank to circulate its own funds."