Reborn Capital Madman
Chapter 0925 Since I don't know how to praise, I'm insatiable
After Li Bancheng received Liang Botao's report, his first reaction was that Xiangjiang Telephone Company was very successful, and the next Hui Feng Taipan Pu Weishi was not as "kind" to him as Shen Bi.
However, the Hong Kong Telephone Company stock is a bargaining chip with a promising future. This is true. Take as much as you can, otherwise you will lose face and lose points with Huifeng.
Naturally, the little tricks Huifeng and his younger brother made could not escape the eyes and ears of Gao Xian, but he didn't care. If Huifeng embarked on the road of expansion like this, it would be Zhenghe's intention.
In fact, for Gao Xian, the process of acquiring the Xiangjiang Dadong Telegraph Company and the Xiangjiang Telephone Company was not smooth sailing. The reason for this was mainly due to two obstacles.
First of all, the telecommunications industry is quite special and inherently involves political, military, intelligence and other factors. In comparison, the situation of Xiangjiang Telephone Company is relatively simple. In addition to the exclusive rights of Xiangjiang International Telecommunications, Xiangjiang Dadong Telegraph Company , is also responsible for the installation of radars and navigational instruments, communication services at Kai Tak Airport, TV program signal transmission, etc. Its uniqueness is evident, and the Hong Kong government then occupied 20% of the shares of the Hong Kong Dadong Telegraph Company.
Fortunately, the current background is that, represented by the United States, deregulation of the global telecommunications industry has become a trend, and the London-based Cable & Telegraph Group has taken an early advantage in the privatization of British state-owned enterprises promoted by the Thatcher administration. , was pushed onto the stock market in 1979, and the British government is no longer its major shareholder with 50% plus one share.
As for the Xiangjiang Dadong Telegraph Company, there are also special influencing factors as Xiangjiang has entered a transitional period. British capital here must consider what to do next, especially companies that control special resources such as banks, civil aviation, and telecommunications. It is no longer possible to maintain the original privileged status.
The second obstacle is the lack of greed of capital. Dadong Telegraph Group believes that it has the initiative and can take the opportunity to kill the Gao Group and the Hong Kong Exchange Fund Administration.
What role does the Dadong Telegraph Group, which has a long history, play in the UK?
To sum up simply, Dadong Telegraph Group is a participant in the British telecommunications industry. You can taste the deeper meaning for yourself!
In order to set up a supporting role for British Telecom, which was later privatized and listed, to encourage British Telecom to operate well, the British government issued a public telecommunications operator license with almost the same status to Dadong Telegraph Group, allowing it to be established. A subsidiary, Mercury Communications, competes with British Telecom.
Although this time is not long enough, I have seen it since I was young. Mercury Communications' presence in the British telecommunications industry at this stage is so small that it can be described as pitiful.
It is now the mid-1980s, and the main income of the Dadong Telegraph Group is still relying on the subsidiaries in the colonies it occupied during the Empire of the Sun Never Sets, especially the Xiangjiang Dadong Telegraph Company, which contributed to the Dadong Telegraph Group. It accounts for about 30% of the turnover and about 60% of the profit.
Now, the Dadong Telegraph Group uses this as an excuse to act personable and sincere at the negotiation table, while its price quotations are philistine and capricious.
Niubijian, who was full of anger, finally came to report to Sir Gao that the Dadong Telegraph Group was greedy and demanded a 190% premium to acquire the company and acquire 35% of the shares in Sir Gao's "new layout".
Gao Xian was amused. Without the blessing of the Internet wave, what formula did Dadong Telegraph Group use to calculate the acquisition conditions for this lion's mouth?
You must know that the telecommunications industry during this period relied on stable profits under monopoly operations. Compared with the arrival of the Internet boom, the business methods were simple and unpretentious. For example, the British government tried their best to sell British Telecom stocks through Morgan Stanley.
Sold into the US market, but these stocks soon returned to the UK market.
What's more, Dadong Telegraph Group is the leader in the telecommunications market of the former British colony, and is mediocre in the British local telecommunications market.
Gao Xian thought: "The communication time is not short. Isn't any shareholder of Dadong Telegraph Group clear-headed?"
"There are still many people who are willing to accept our conditions, but the group of people headed by Sir Michael Edwards, chairman of the board of directors of Cable and Telegraph Group, is very powerful and has obviously suppressed the voices of other opinions." Newbijian
There was deep resentment in his words, "I have been patient enough in my communication, but these old guys are arrogant and have outdated ideas. They think they have us under control, so that I have a feeling that the more sincere they are, the easier they are to be bullied."
people."
"You have worked really hard during this period." Gao Xian first affirmed Niubijian's contribution, and then gave his opinion: "We can afford the acquisition premium required by Dadong Telegraph Group, but this cannot be taken advantage of.
!As for the 35% stake in the new telecommunications industry structure under the Xiangjiang International Digital Center, it is even more impossible."
Niubijian's eyes were full of expectation and he asked: "Then what should we do?"
Gao Xian gently pushed down the pen holder on his desk, "Since the board of directors of Dadong Telegraph Group is so ignorant and greedy, then just push it down!"
Newbigan was greatly refreshed after hearing this. He had not been regarded as an abandoned son by the Keswick family before. When he was the chief executive of Jardine, he was highly respected in Hong Kong. After joining the Gao consortium, he was even better than before; but he was abandoned in London.
Treating him like a country bumpkin and looking down upon him, this sullen attitude should be brought back like this!
Gao Xian found a business card and said, "In this way, I will introduce you to a new friend, who will be responsible for capital operations, and then you will be responsible for training Dadong Telegraph Group to act according to our intentions."
Newbijian took the business card and looked at it, seeing that it was John Craven, CEO of Phoenix Securities Company.
Gao Xian explained the origin of John Craven. Before founding Phoenix Securities Company, this person was the CEO of Whitewild Limited, a well-known private investment bank.
Although Whitefield Co., Ltd. is not as famous as Morgan Stanley and Goldman Sachs, it is considered a veteran on Wall Street. For example, members of the older generation of the Bush family once held important positions there.
Whitefield Co., Ltd. first established a joint venture with First Boston. However, in 1978, Whitefield Co., Ltd. was acquired by Merrill Lynch. This pattern was broken, and First Boston sought additional cooperation.
partner.
Because of the company's political struggles, John Craven finally left Whitefield Ltd. and chose to go it alone.
Therefore, judging from this resume, John Craven has a lot of abilities.
Phoenix Securities Company has had many cooperations with Gaoyi, and they are old friends. However, as a small company, John Craven's role is limited. After all, not everyone can surpass the advantages of the platform in terms of capabilities.
Therefore, Gaoyi recently invested US$15 million to buy Phoenix Securities Company, which knew the ins and outs, together with John Craven.
Now, it is time for John Craven to use his talents to take charge of the specific work of acquiring the Cable Telegraph Group.
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