The Son of Finance of the Great Age

  Chapter 661 Humiliated Huatou

  The efficiency of the Japanese is very fast. At seven o'clock the next morning, there was a fax from the Far East on John Mark's desk, stating that Mitsubishi UFJ Financial Group was interested in Stanley's shares.

   Not just a letter of intent, but negotiators from MUFG flew to New York overnight and were expected to land at JFK International Airport at 8:00 AM EST.

   "Mr. Zhong is amazing!"

John Mark, who heard the news, was overjoyed. He naturally knew that this was the buyer that Zhongshi had found for them. Although he didn't know how the other party persuaded MUFG, he was shocked by the speed and efficiency. . After the initial joy faded, he fell into a deep fear again. Zhong Shi has such a huge energy, what will happen to the things he promised him?

   It's just that there is no regret medicine to take now!

  But there is not much time left for John Mark to think about it, he must get everything ready before the Japanese arrive. After making several phone calls and gathering the relevant persons in charge to make arrangements, he called Nobuo Ban Liu, chairman of Mitsubishi UFJ Finance, and said some words of thanks, but he didn't notice the other party's tone at all. Surprised among them.

   "John, I need you to do something right away!"

  As soon as everything was settled, Henry Paulson called. As soon as the U.S. treasury minister spoke, he used an unquestionable tone, which caused a surge of anger in John Mark's heart.

   So far, officials including the Federal Reserve and the U.S. Department of the Treasury have not been of much help to the plight of Stanley, which makes John Mark very upset. Compared with the consortium rescue meeting held for Raymond Brothers, officials have only helped Stanley find two possible buyers so far. Wachovia only flirted with Stanley for a while, and then switched to the arms of Goodman Company, and **** just made a condolence call, perhaps due to official pressure, and there was no further information.

  Stanley Corporation is suffering in the market every day. Although the top executives including Paulson did not ignore it, they are actually similar, at least John Mark thinks so. Thinking of the huge amount of money spent on lobbying groups every year, he became very angry.

But if he was angry, he still had to respectfully return Paulson's words, "What are you referring to? If it's fundraising, I don't think we need it for the time being. Japan's Mitsubishi UFJ Financial will soon be with us. Negotiations, they were in good faith. You said we could do it ourselves, and now we're almost done."

He basically knew the meaning of Paulson's call, that is, before Stanley can be transformed into a bank holding company, they must raise a large amount of liquidity to tide over the current difficulties, otherwise everything will be useless, including Geithner Many high-level government officials in China have explained the situation to him several times.

   "I know!" Paulson didn't seem to understand what John Mark said, and directly denied it, "You have to find a new trading partner."

"What? Are you kidding me?" John Mark couldn't believe his ears, and had to tell the other party again, "I already have the Japanese, and Mitsubishi UFJ has already intervened. It's only a matter of time before we reach an agreement. Am I looking for a trading partner again?"

Paulson knew nothing about Stanley's private transactions. He just judged based on his experience at Goodman, and said flatly at the moment: "Don't do this, John. You and I know Japan very well. They won't Those who made this deal, they won't act so fast. I think you'd better focus on the Huaxia people or ****."

"No, the Japanese I know are not like what you said!" John Mark laughed angrily, and taunted unceremoniously, "Henry, I have to tell you something, the Japanese consortium has always maintained a good relationship with us. relationship. We have a full understanding of their way of doing things and style. According to my communication with the senior management of Mitsubishi UFJ, they are indeed very interested in buying our shares, and they are moving very fast, which is surprising. I believe All this, they will be our savior."

"And even if we can successfully negotiate with the Huaxia people, Henry, can you guarantee that the SEC will approve this deal? Oh, yes, I'm afraid your rescue plan has not yet been approved by those members of Congress. You are in big trouble yourself, Are we going to fall short when we find the possibility of survival?"

  Although he said so much, John Mark never thought of telling Paulson the truth. He knew that only he, Zhongshi and the Japanese side knew about the deal behind it.

“Also, if you remember, they launched a hostile takeover of Union Bank of California at the beginning of the year. Although they rarely launch a hostile takeover, once they decide something, they will go all out. We are their financial Consultant, participated in the entire acquisition process. I have to say that the determination and execution of the Japanese are far beyond our imagination. They will help us tide over the difficulties, yes, they will.”

  In order to persuade Henry Paulson, John Mark cited another example of dealing with the Japanese.

It's just a pity that the U.S. Secretary of the Treasury doesn't believe it at all, but he can't promise John Mark anything. In fact, his rescue plan has just been released not long ago, and he still has to wait for Congress to approve it. He really can't take care of it during this time Stanley or Goodman. Moreover, John Mark's tough attitude also surprised him. It seemed that the CEO didn't buy much from him anymore. At that moment, he couldn't help but heaved a long sigh, and finally persuaded rather helplessly: "They won't, John."

   "Differences, I don't think we have anything to talk about!" John Mark finally couldn't hold back the anger in his chest, and hung up the phone with a bang.

"Leave me out and disclose the news that Stanley is about to transform into a bank holding company!" After John Mark sulked for a while, he decided not to take this matter to heart, and ordered the secretary to say, " In addition, I will rearrange my itinerary, cancel the meeting with Huaxia Investment, and I will go to receive the Japanese in person."

  Happily, the market quickly reacted positively to the news that Stanley & Goodman & Co. would most likely announce it as a bank holding company. From an investment bank to a commercial bank, this is a major change. Although it is subject to the supervision of many regulations such as the "Basel Accord", it also means that Stanley and Goodman no longer have to borrow funds in the chaotic and fearful market when necessary, but directly obtain cash from the central bank.

  Such a major change gave the market a boost, and the stock prices of the two companies also turned from decline to rise. However, the market is cautious after all. Before the official news is confirmed, there are still doubts about whether the two companies can support the change. Therefore, the stock prices of the two companies have not risen much. Shares of Stanley were up 3.5% by the close, while Goodman shares were up 6.9%.

  …

   "Are you negotiating with the Japanese?"

  After finishing the preliminary negotiations with the Japanese, John Mark had just returned to the office. Before he could take a breath, the door was suddenly pushed open from the outside, and then a figure rushed in and asked angrily.

  As the main person in charge of Huatou, Gao Dongfang is full of confidence in this transaction. The market value of the stock that originally invested in Stanley is now only 60% of what it was when it was invested. Now taking advantage of the fire can not only lower the total price, but also control a promising financial company and enter the core circle of the European and American financial systems. wishful thinking. It is precisely because of this that he did not hesitate to use 50 billion U.S. dollars in loans and credits, which accounted for almost half of Huatou's total funds.

  Ever since Zhang Hang’s family was sidelined, Gao Dongfang has been planning a big one.

   But after arriving in the United States, he gradually discovered that the situation was not as simple as he imagined. First of all, Stanley's attitude was ambiguous, his position was uncertain, and the progress of the negotiation was far less rapid than he had imagined. Secondly, public opinion in the whole society does not welcome the arrival of China Investment Corporation very much. In particular, some right-wing congressmen in the United States have expressed their concerns about China's funds entering the US market on different occasions.

  The most important thing is the competition from American peers, which makes Gao Dongfang a big headache. You must know that under the same conditions, Stanley will inevitably choose American institutions to cooperate. Even if the conditions are slightly worse, as long as Stanley continues to operate, Stanley may abandon Huatou.

  Of course, Gao Dongfang and his team will not sit still. In fact, they have done a lot of work in more than a week. Including finding out who was interested in Stanley, as well as Stanley's internal cash situation. In the end, they came to the conclusion that there are basically no companies interested in Stanley in the market. In addition, Stanley has a large outflow of cash, and its prospects are worrying.

  Both news constituted obvious benefits to Huatou, which also made Gao Dongfang full of confidence in the entire transaction, and his attitude became increasingly tough during negotiations. Even if there was a speech by Congressman Rogers, he didn't take it to heart at all.

  The previous call with Jamie Dimon was Gao Dongfang's trick to test whether **** is interested in Stanley, and he also got the result he wanted.

"Gao, so it's you!" The angry look on John Mark's face flashed, and then he said with a smile, "Gao, have you heard something? Tell you, don't believe what the outside world says Yes, we did contact the Japanese before contacting you, but they have rejected me."

"Really?" Gao Dongfang was stunned for a moment, and then became more angry, "John, we all know what you said. But what I want to ask you is, is Stanley still in contact with the Japanese? Just today? "

  Due to historical reasons, Huaxia and Japan have never dealt with each other. This kind of grievance also exists in various consortiums, especially sovereign funds like Huaxia Investment, because they represent the will of the country and do not deal with Japanese consortiums.

What made Gao Dongfang even more angry was that Stanley made high-profile contact with himself on the one hand, and on the other hand secretly contacted the Japanese. This kind of behavior made him feel betrayed, which made him especially unbearable. represent the will of the country.

"This…"

  John Mark still wanted to hide it, but he couldn't find a good excuse for a while, so he could only hesitate and refuse to agree.

   Seeing John Mark's appearance, Gao Dongfang didn't understand. Angry, his eyes almost burst into flames, and he smiled angrily: "John, you have done a good job, very good! You must know that you are the first batch of overseas institutions to cooperate with Huaxia officials. Although we have not cooperated with each other over the years, It’s pleasant, but it also established a good relationship. But I never thought that you would betray us at such a critical moment. Just wait, I will let you know how powerful it is.”

  After speaking, Gao Dongfang ignored John Mark's persuasion, slammed the door and left with his negotiating team, without looking back.

   Huatou failed completely in the merger of Stanley!

   Thanks to the book friends for drawing a knife and breaking the oil, and Xia Yangyang for voting for the monthly ticket! Thank you for your support, I hope the results of this book will turn around this month, the author and everyone will work together!

  (end of this chapter)