Start from 1980

Chapter 349 Deal
There was a voice at the door: "Hi, guys, is Su from China here?"

Su Chen looked up and saw that it was Hugh Eaton. He didn't see this old fox when he boarded the boat, and he didn't know when he appeared.

He raised his hand: "I'm here."

"Mr. Eaton, we are playing Texas Hold'em, do you want to join us?" Bush Jr. greeted.

Several other people also hurriedly greeted the man in power at Wells Fargo.

Hugh Eaton said with a smile: "Guys, I won't play this game anymore. I have something to do with Su. I hope you have a good time."

Su Chen threw all his chips to Bush Jr.

"Man, I'm going out with Mr. Eaton. This is my investment in you. I hope you will bring good luck."

"Wow, Sue, then just look at me, I'm a good player at Texas Hold'em." Bush Jr. said, "By the time you come back, we must have won a lot of money."

Su Chen stood up, walked to the door, and went outside with Hugh Eaton.

"Eaton, I don't know what you want from me?" Su Chen asked.

Hugh Eaton said, "Let's go over there and have a chat."

The two came to the deck and found a corner where no one was around. Then Hugh Eaton said, "Have you thought about investing in other industries? If I remember correctly, you should still have hundreds of millions in your hand."

"Is there anything suitable for me to recommend?" Su Chen asked.

Hugh Eaton said: "If you are interested in the banking industry, I know some inside information. Have you heard of or heard about CDC? It is the data control company."

CDC?

Su Chen nodded: "I heard that, to be honest, I was just talking to Dimon about investing in the banking industry."

"I heard that the boss of the data control company had long intended to sell the commercial credit company. Big differences, the two sides failed to reach a final agreement."

Hugh Eaton said: "Actually, I have also contacted them, but Wells Fargo has other developments, so we did not consider buying them. If you want to invest in the banking industry, I suggest you consider commercial credit companies."

"That's my plan too, but I don't know if I can get my status as a Chinese student." Su Chen asked seriously: "If someone messes with me, wouldn't it be for nothing?"

"So, I asked you to make friends with Bush Jr. to avoid this kind of thing from happening." Hugh Eaton said: "Last time you told me that you registered an offshore company, right? Then you Use the parent company to acquire."

He went on to say: "I have researched that the reason for the decline of commercial credit companies is not that commercial credit companies do not have development potential, but because data control companies are losing ground in the financial services industry, blocking commercial credit companies from entering the domestic market." aisle.

In fact, a little polishing can make it rejuvenate. If you are worried that the US government will not let you buy it, we can provide you with white gloves. "

Having said all this, Su Chen asked, "You mean you injected money into my investment bank?"

"Yes, we talked before, your investment bank has not opened yet, why not use it to acquire a commercial credit company?" Hugh Eaton said: "I think now is a suitable opportunity for investment."

"I have an idea." Su Chen thought for a while.

He was a little worried about introducing Wells Fargo Bank, and he had to think of a surefire plan.

In fact, when he talked about the commercial credit company with Dimon just now, he had already figured out how to operate it.

It is planned to pay cash to acquire 100% of the shares of Commercial Credit held by Data Control Company.

Then take out 20% of the equity to find a suitable manager.

After all, one person does not have that much ability to manage so many companies. If you want a horse to run, you have to let the horse graze.

As for who the right investor is, he already has a goal in mind.

However, before the acquisition, he has to go through a series of operations.

Previously, when he went to Necker Island to register DreamWorks Group, he also registered many companies, including technology companies and financial companies.

The financial company on Necker Island is called Zhongda Investment.

So that's his plan.

In the first step, Zhongda Investment introduced Jinbaopen Investment Bank and established a joint venture company Zhongda Financial on Necker Island. Jinbaopen holds 75% of the shares and Zhongda holds 25% of the shares;

In the second step, Zhongda Financial established a wholly-owned subsidiary New York Zhongda Financial Branch in New York;
The third step is to go to Baltimore to set up a wholly-owned subsidiary;

In the fourth step, the Baltimore subsidiary acquires 100% of the equity of Commercial Credit Corporation;
Step 100: After the first phase of 60% equity acquisition is completed, Campbell will hold a total of 20% equity of Commercial Credit Company through domestic and foreign subsidiaries, and Zhongda Financial will indirectly hold [-]% equity;

In the sixth step, for the 20% equity in the hands of Zhongda Financial, Campbell will purchase 5%, 5%, and 10% equity each year.

Borrowing Zhongda's shell, put the commercial credit company into the bowl of the gold treasure basin.

Although he can go directly to the acquisition, things like the banking industry are more sensitive, and the US government's strict control over foreign investors' acquisition of domestic financial industry equity is the world's number one "laurel crown".

Although the U.S. financial industry is "completely open to private individuals" at home, it is only for U.S. citizens and not so friendly to foreigners.

When Su Chen acquired 20th Century Fox, he gave away more than 2 million yuan.

If it is to directly acquire the commercial credit company this time, it will definitely not be so easy to handle.

Hugh Eaton said: "Although I don't know what your thoughts are, I still want to remind you that the US government has very strict controls on foreign investors' acquisition of domestic banking shares. Unless you become a US citizen, otherwise You can only borrow white gloves."

"You can go to register a new company, then introduce your investment bank capital, jointly establish a subsidiary company, follow this subsidiary company to establish a wholly-owned branch company, the branch company establishes a subsidiary company, and then split the acquisition, and buy back the equity in a roundabout way. in your hands."

Hugh Eaton's idea was exactly what Su Chen thought just now, otherwise there was really no way to do this kind of thing.

Su Chen nodded and said, "I think so too. I happen to have some money in hand, don't I? If I expect 20th Century Fox to make money for me to pay off my debts, it will probably be very difficult, so I have to find a way to expand into other industries."

"Honestly, if Wells Fargo hadn't got a big deal to do, we'd all be prepared to buy Commercial Credit Corporation, man, you're in luck." Hugh Eaton said, "How much equity do you plan to give Miranda?"

Su Chen glanced at him: "I didn't even buy it, so you started talking about equity, isn't it a bit early?"

"Man, I have to work for the welfare of my daughter. What's more, you, a foreigner, have acquired so many industries in the United States. Without the help of our Wells Fargo Bank, it would be very difficult for you to establish a subsidiary company."

Hugh Eaton straight away said: "I don't want too much, you just need to give Miranda 5% of the equity and give us a handling fee, and we will help you with this matter, Bernice, do you still have an impression? I will Send Bernice to you."

"Besides, don't you still owe us Wells Fargo 30 billion in debt now? We will borrow white gloves for you. If you can't repay Wells Fargo's debts by then, or if you are short of funds, you can transfer the equity of commercial credit to What do you think of us deducting the debt at the corresponding price?"

This old fox really has a good plan.

Maybe in the future, Su Chen will have to work for Wells Fargo to pay off his debts.

Seeing that Su Chen didn't speak, Hugh Eaton said again: "Dude, you have to deal with the US regulatory authorities, otherwise it's all useless..."

Hearing this, Su Chen just wanted to scold Falk, otherwise how would you say that the bank is the most profitable?
Although with the help of Wells Fargo Bank, it can make things easier, but it has to pay high handling fees, and more importantly, it can handle the regulatory authorities.

Su Chen gritted his back molars: "I'll give Miranda 5% of the equity, how about you help me settle this matter? If I can't repay the debt in the future, you can use the equity of commercial credit to pay off the debt... "

"Deal!" Hugh Eaton said, "As long as you say this, we can settle this matter soon."

Su Chen was very unhappy and didn't want to talk to this old fox.

He really can't deal with the regulatory authorities personally, unless he becomes an American citizen, otherwise all kinds of procedures can kill you. The establishment of a subsidiary is to deal with those things, but it is still not as convenient as Wells Fargo's operation.

Suddenly, there was a burst of exclamation from the opposite side: "Someone fell into the water!"

(End of this chapter)