Chapter 1097: Empire Group Formally Swallows up Standard Chartered Bank

Chapter 1097 Empire Group formally swallowed Standard Bank!

Yang Ming and Shen Yi had a secret talk for more than half an hour.

After the talk.

Shen Yi personally sent Yang Ming out.

At this time, Alina and Yingla were outside enjoying the beautiful night view of Victoria Peak and Victoria Harbour.

"It's beautiful, isn't it!"

"Sir, the night view of Hong Kong is really beautiful."

As one of the three most beautiful night views in the world, the night view of Hong Kong is indeed unique, especially the Empire Group Building headquarters in the distance, which looks even more amazing when the lights are on.

"Mr. Shen, let's go back first."

Shen Yi and his wife personally sent Yang Ming to the Rolls-Royce.

After watching Sir Yang and others leave.

Shen Yi knew that the power of Empire Group and Sir Yang was getting stronger and stronger.

What Shen Yi didn't know was that Yang Ming not only wanted to swallow Standard Bank, but even Huifeng Bank.

However, the special nature of Huifeng Bank may not be so easy to swallow.

Even if the Empire Group has the opportunity to become the first shareholder of Huifeng Bank, it is difficult to control Huifeng Bank.

Unless Huifeng Bank is divided into two parts, Europe and Asia, Yang Ming may swallow Huifeng Bank.

. . .

Deep Water Bay Mid-Levels Villa.

Bao Family.

On New Year's Eve, the bustle of the Yang family in Repulse Bay Mid-Levels Villa made Bao Yugang sigh and envy the bustle of Sir Yang's family on New Year's Eve.

Unexpectedly.

Some time ago, it just swallowed the Oriental Daily, the newspaper with the highest sales in Hong Kong.

Now it is reported that the Empire Group is going to acquire Standard Bank.

Bao Yugang is very clear about Standard Bank, and its power is also very strong.

"Father, the Empire Group is going to acquire Standard Bank."

Wu Guangzhen came over and said.

First, Lloyds Bank announced the acquisition of Standard Bank, and then the Empire Group also announced the acquisition of Standard Bank.

With the power of Lloyds Bank, Bao Yugang, Wu Guangzhen and others felt that they were no match for the Empire Group.

Before the Bao family was divided into four, they might have had the strength to participate in it.

Now that the Bao family has been divided into four, the property is very clear.

Even if the Universal Group, Bao Yugang will continue to participate in the management, the four sons-in-law of the Bao family will also support him to acquire Standard Chartered Bank.

Now Bao Yugang has stopped thinking about it.

Because after the Empire Group got involved, he could not get involved again.

"Lloyds Bank is not a match for the Empire Group."

The Empire Group not only has a very strong capital flow, but also has a good network of relationships in Country Y.

Today, the Empire Group's first super soft listing has a market value of more than 60 billion Hong Kong dollars. Such a powerful business empire is not something Bao Yugang can think of.

He just hopes that when he leaves, he can find another way for the Bao family and let Wu Guangzhen interact more with Sir Yang.

"We should not participate in the Empire Group's acquisition of Standard Chartered Bank. The most important thing for you is to contact Sir Yang more. When I am not around in the future, he can still give you more guidance."

"Yes, father." Wu Guangzhen reacted immediately.

At this time, Bao Yugang and Wu Guangzhen only looked at the Yang family in the Repulse Bay Mid-Levels Villa, not knowing whether it was envy or something else.

Not far from the Bao family.

The Li family in the Deep Water Bay Mid-Levels Villa.

Li Jiacheng had already returned from get off work and had dinner with Zhuang Yueming.

Li Jiacheng went back to his study.

However, Li Jiacheng suddenly heard a phone call and learned that the Empire Group was going to acquire Standard Chartered Bank.

Historically, Li Jiacheng had not acquired other banks, mainly because Li Jiacheng swallowed up Hutchison Whampoa. However, in Li Jiacheng's mind, how could he not want to control some banks.

And now Li Jiacheng is even further away from history. Only Changgang Industrial Group has not been able to acquire Hutchison Whampoa, and the Hong Kong Electric Company's industry in Hong Kong is far behind that in history.

Now Li Jiacheng has also begun to invest in China, but due to reasons such as caution, it is far less than the investment of the Bao family and Wu Guangzhen in China.

Now, suddenly I heard that the Empire Group was going to acquire Standard Jardine Bank. Apart from being a little surprised, it seemed normal.

And the reason why most people in Hong Kong are paying attention is that Jardine Bank is now one of the three major banks that issue banknotes in Hong Kong, and it is also the second largest foreign bank, involving many Hong Kong depositors and investors.

If the Empire Group acquires Standard Jardine Bank, and Hong Kong Jardine Bank is its main subsidiary bank, the impact is still very large.

Li Jiacheng stood up and looked out the window. He had to sigh that Sir Yang's layout is really getting bigger and bigger.

. . .

That night.

The news that the Empire Group was going to acquire Standard Jardine Bank had spread throughout Hong Kong.

And Merris, who was far away in London, was already making preparations.

Since Barlow had announced the news, it was a head-on confrontation with Lloyds Bank.

Among them, the European headquarters of the Empire Group had been buying Standard Jardine Bank shares on the stock market. The share price given by the European headquarters of the Empire Group was obviously higher than the price of 750 pence per share given by Lloyds Bank.

In this case.

The Empire Group's acquisition of Standard Jardine Bank was already unstoppable.

In less than a week.

The European headquarters of the Imperial Group announced that it has acquired more than 35% of Standard Bank's shares, far exceeding the 12% held by the management of Standard Bank. In addition, the European headquarters of the Imperial Group is already the largest shareholder of Standard Bank.

Among them, Lloyds Bank acquired about 15% of the shares.

The rest are other institutional investors and retail investors, about 38% of the shares.

The acquisition of the European headquarters of the Imperial Group has not stopped, and will acquire more Standard Bank's shares.

When the European headquarters of the Imperial Group announced that it held 49% of Standard Bank's shares, there were 24% of the shares left on the market.

Lloyds Bank issued, the Imperial Group is not only the largest shareholder of Standard Bank, but also has begun to control the shares, Lloyds Bank can only give up.

And announced that 10% of the shares will be sold to the Imperial Group at 800 pence per share.

In fact, Lloyds Bank has already suffered a loss in this investment in Standard Bank.

In this case, the European headquarters of the Imperial Group increased its 49% stake in Standard Bank to 59% again.

In other words

At this time, the largest shareholder of Standard & Poor's Bank, Empire Group, holds 59% of the shares. The second largest shareholder was Lloyds Bank, which changed from 15% to 5%. The original Lloyds Bank management's 12% shares changed from the third largest shareholder to the second largest shareholder again. The remaining institutional investors in the market still hold 24% of the shares.

This time, Empire Group spent nearly 9 billion Hong Kong dollars to acquire Standard & Poor's Bank. The acquisition speed was too fast.

Lloyds Bank, other capitals could not react.

And historically, why did Asian capital such as Bao Yugang and Qiu Debo react until July? It was mainly because in May and June, when the situation was stalemate, Standard & Poor's Bank had been seeking help from other capitals. However, in the end, only Asian investors played the role of "white warriors".

In fact, Bao Yugang wanted to swallow Standard & Poor's Bank, but he did not have the strength.

Now Empire Group is really strong and really wants to swallow Standard & Poor's Bank.