Start from 1980

Chapter 875 Industrial Espionage
But even if the British don't split up the aerospace company, it will not have a big impact on Su Chen. If you can buy it all, you can buy it.

The reason why Shengshi Holdings was able to buy the shares of Yuhang in such a few days was that apart from the fact that the rich man who bought Yuhang was short of money, Su Chen went the extra mile.

In the past few days, he has basically been with Princess Anne, allowing her to feel the pinnacle of life time and time again.

After a few days, her husband Mark was almost forgotten, and even Tim Lawrence was forgotten, because with these two people, they were in a state of strong women and inferior men.

Su Chen didn't regard her as a princess at all, he only regarded her as a woman, and there was no such thing as a relationship between a strong woman and a man inferior. She still made Princess Anne, who has always been strong, docile and screamed happily.

Even though the royal family does not participate in political affairs, Su Chen wants to get news about General Electric and the real financial situation of the British government from Princess Anne.

He is like 007, pervasive.

After a few days of investigation, he has figured out these things.

The financial situation of the British government is not very good. Although Margaret Thatcher's privatization policy has relieved the economic pressure to a certain extent, it is still not enough, because the UK suffered heavy losses in the stock market crash last year.

A loss of 1400 billion U.S. dollars. Although the money is not from the British government, the British government has spent a lot of money on bailouts, but it is still a drop in the bucket. There are many factories facing bankruptcy.

Mrs Thatcher was too desperate to ease the economic pressure.

So there is a lot to do here.

He is ready to take action against General Electric, and he can also lend money to the Thatcher government.

The reason why they did not provide loans after the stock market crash would give the British government a feeling of taking advantage of the fire, and it is too public, and it is impossible for others not to torment you.

Proposing it at this time will not only not make the British suspicious, but also gain the favor of the British, and more importantly, it will not involve too wide a scope.

Due to the cultural similarity between Britain and the United States, some companies have basically the same name, but they are not knockoffs.

For example, there is a Westinghouse company in the United States, another company in the United Kingdom, a General Electric company in the United States, and a general electric company in the United Kingdom. However, this company in the United Kingdom is referred to as GEC, which is not the same as General Electric in the United States.

General Electric is the largest electrical company in the United Kingdom with operations all over the world.

Anyway, it is very powerful. During World War II alone, GEC has become a major supplier of military electrical products. The products it provides include radar cavity magnetrons, lighting equipment and communication equipment.

Not to mention that since the end of World War II, it has been fully developed under the leadership of Lord Weinstock and has acquired a series of companies, including British Electric Company and telecommunications giant Marconi.

The reason why Princess Anne said this is because the information is not that important.

What's more, Su Chen is Chinese, and the possibility of buying these companies is very slim, so you might as well reveal it to win the man's favor.

But she didn't know that Su Chen had acquired Standard Chartered Bank and directly controlled Hong Kong's banknote issuance rights. Standard Chartered's business spread across many countries, especially in Asia and Africa, and there were very few customers in the UK.

As long as Su Chen goes through Shengshi Holdings and Standard Chartered Bank, he can complete the acquisition and lending business.

Mrs Thatcher's decree applies to businesses across the UK, but with select client targets.

If you are British, everything is fine, and if you are from other European and American countries, it is not a big problem.

But if you are from a country other than Europe and the United States, you must pay special attention to it.

The information obtained from Princess Anne, after Su Chen's judgment and sorting, was formed into a document and passed on to James for operation.

And he himself accompanied Princess Anne to wander around London, and the relationship between the two quickly heated up.

He's doing industrial espionage now.

They all take what they need, which is a relationship of drawing their guns and leaving.

It is a skill to be able to extract information from the body.

……

At today's privatization meeting, there were only two parliamentary proposals this time, one for the steel company and the other for the water company.

But before the meeting, James approached the Chancellor of the Exchequer with another request from Jeffrey Howard: "Sir, we want the British General Electric Company. I wonder if the government will promote the privatization of this company?"

The words were astonishing, and Jeffrey Howard, who was in charge of the promotion, frowned slightly: "Mr. James, these two industries are the only ones we are discussing today."

James said: "Yes, sir. Although there are only these two industries, I think we can join General Electric again. This is the proposal prepared by our company. Please check it out, sir."

Jeffrey took it and read it carefully.

James went on to say: "If Mr. agrees and finally passes the proposal of the British General Electric Company in the Parliament, we can undertake some of London's infrastructure projects, such as subway lines and electricity use.

In addition, we can also provide the British government with an ultra-low-interest loan of about 100 billion U.S. dollars. I believe this money will definitely ease the government's funding gap. "

Jeffrey pondered for a while, and said, "Are you going to buy the railway company today?"

"want."

"I'll seriously consider it," Jeffrey said.

Everyone knows that the British government is short of money now.

If James's bank can really provide huge low-interest loans, then many of the problems that Mrs Thatcher's government is currently facing can be solved.

Of course, it is not that there are no banks willing to lend to the British government.

Rather, the Thatcher government must consider interest.

The annual interest rate of most British banks is above 6%. If the loan is 100 billion U.S. dollars and the loan is for five years, the simple interest will be several billion U.S. dollars.

This will increase the financial burden.

Even if it is to issue government bonds, the interest that needs to be paid is similar.

"Yes sir." James smiled.

In the following parliament, the rich and powerful James directly took the steel company.

Everyone at the meeting exclaimed because of the rich and powerful operation, and they had no idea how much money the company had prepared.

In fact, James personally doesn't like the steel company, because the British workers always like to go on strike, but since the boss ordered him, he just needs to follow through.

The next step is to transfer the company's assets to British Steel, which is incorporated under the Companies Act, in accordance with the Steel Act, and to start trading its shares on the stock exchange before the end of the year.

The water company did not fall into his hands, but was divided up by others.

After the transaction was over, everyone who came to the meeting congratulated James.

After Jeffrey congratulated him, he hurried away with his proposal.

The proposal was soon on Mrs Thatcher's desk.

"Is today's work going well?" Mrs. Thatcher asked.

Jeffrey said respectfully: "Yes, that Mr. James took the shares of the steel company we sold by himself, and at the same time submitted this proposal..."

He told Mrs Thatcher exactly what James had told him.

Mrs. Thatcher's life was not very good at this time, because the voice of opposition was getting louder and the internal division had begun. She had to take every decision she made seriously.

"I will read it seriously, you put it down first." She said, "I will hold a meeting with you after I finish reading the bill."

"Good lady."

After Mrs. Thatcher read the proposal, she considered it for a long time and held a cabinet meeting.

After the cabinet meeting briefing, the Chancellor of the Exchequer called James to a meeting.

After two days of intense negotiations, Shengshi Holdings reached an agreement with the Thatcher government.

Golden Age wholly acquired the British Power Company at a price of 8.21 million U.S. dollars. In the next three years, the new British Power Company will upgrade and transform the power system within its jurisdiction.

At the same time, the British government asked Standard Chartered Bank to provide it with a loan of 200 billion US dollars.

The term is 5 years and the annual interest rate is 2.5%.

Although James's proposal mentioned 100 billion U.S. dollars, the British government felt that it was too little and raised it directly to 200 billion U.S. dollars.

The 2.5% annual interest rate is already a conscientious businessman for other British banks.

At the same time, if the proposal to acquire General Electric is approved by the parliament, Shengshi Holdings will spend US$50.2 billion to acquire a 65.8% stake in the British General Electric Company.

Although the British government hopes that the loan will be paid in pounds, Su Chen does not want pounds, because the exchange rate of pounds against the U.S. dollar will continue to decline in the next few years. If you use pounds to repay the debt, it is equivalent to watching your money evaporate in vain.

After repeated negotiations to no avail, the British government could only agree.

Right now, if the Thatcher government can persuade the members in the parliament, then Shengshi can acquire GM and lend money. If not, Shengshi can only acquire the power company.

……

Princess Anne seems to have an inexplicable fascination with the lighthouse, so Su Chen took her to explore the lighthouse in East London and leave a mark of love.

Princess Anne is very satisfied, which is something she has never experienced before. It is exciting and satisfying, and she loves this Chinese man even more.

Afterwards, Su Chen said: "Honey, I want to set up a technology start-up company in London, can you help me?"

(End of this chapter)