Chapter 969 The Second Consortium
Good news from South Africa!
After Abby Cohen’s investment team negotiated hard and long in South Africa, they finally reached a financing agreement with Standard Bank of South Africa. “Second Bank” acquired 23% of the shares of “Standard Bank of South Africa” for US$4.7 billion, becoming “
The largest shareholder of Standard Bank of South Africa, while Bank of East Asia purchased 10% of the shares of Standard Bank of South Africa for US$2 billion, becoming the second largest shareholder of Standard Bank of South Africa.
After receiving the news from Abby Cohen, Lin Feng immediately asked Peter, the president of "Second Bank" and Liao Bixin, the president of "Bank of East Asia" to fly to South Africa. When Peter and Liao Bixin were told by Lin Feng to fly to South Africa
When they signed the order to acquire "Standard Bank of South Africa", both of them were stunned.
Lin Feng had just finished the world showdown, won the title of "The Strongest Fist", and led his team's super comeback in London. For others, these things are considered urgent matters and require all their energy.
To deal with it, it turned out that Lin Feng, under the premise of dealing with so many things, remained calm and quietly deployed, and secretly acquired a total of 33% of the shares of "Standard Bank of South Africa". This method and calmness are simply amazing.
Shocked by it.
Of course, as the presidents of two companies, Peter and Liao Bixin had some criticisms about Lin Feng using company assets to acquire a total of 33% of the shares of "Standard Bank of South Africa" without informing anyone, but after thinking about it carefully, they understand
Lin Feng's secret move to Chencang was also to remove all obstacles to the financing of "Standard Bank of South Africa". Otherwise, if the outside world knew about it, this financing case would definitely be very troublesome, and the financing funds would probably be far more than this amount.
What's more, this financing is of great benefit to both banks. For "Second Bank" and "Bank of East Asia", becoming the largest shareholder of South Africa's largest bank (Standard Bank of South Africa) will be a great benefit to the future.
It is of great help for banks to conduct business in South Africa and Africa, and in Africa, this is a virgin land that needs to be developed. There are nearly 1 billion people here, accounting for 15% of the world's total population, and it is the second largest continent in the world. It can be said that in the 21st century, countries
Even when it is booming, Africa still needs to be developed as if it were a primitive environment. Of course, the most important thing is that Africa is rich in gold, diamonds, chromium ore and other important ores, and it is an important producer of ores in the world.
The fact that two banks can finance "Standard Bank of South Africa" undoubtedly means that the two banks have a firm foothold on this continent and can enter this primitive continent at any time.
What's more, considering Lin Feng's shares in the two banks (Lin Feng owns 32.23% of the shares of the "Second Bank", but counting the 5.2% shares held by the fake Russian tycoon Robert Hom, plus the 5.2% held by Avril Lavigne and Li Zekai, etc.
shares, Lam Feng actually owns more than 50% of the shares of "Second Bank". As for "Bank of East Asia", Lam Feng's personal shares have reached 37.2%. Counting the shares of Liao Bixin and Guoco Group, Lam Feng actually controls more than 50% of the shares of "Bank of East Asia".
50%, and it is impossible for Liao Bixin to betray Lin Feng now. In order to take revenge on Li Guobao, she needs Lin Feng's support), and Lin Feng's decision is equivalent to the decision of the board of directors.
Immediately, Peter and Liao Bixin took advantage of Lin Feng's special plane to fly directly to South Africa, and jointly held a press conference with Standard Bank of South Africa to announce that "Second Bank" and "Bank of East Asia" would finance "Standard Bank of South Africa" and become its largest shareholder and
The second largest shareholder.
As soon as this news came out, the entire financial world seemed to have suffered a magnitude 10 earthquake, leaving all financial talents and financial giants speechless in shock. Of course, this kind of financing case is very common, especially whether it is a "second
"Bank", "Bank of East Asia", or "Standard Bank of South Africa". Although they have a small reputation in the world's financial community, they are not very prestigious. After all, several banks do not invest funds in various industries like Citigroup and Hang Seng Bank.
In this field, every move has huge implications. It can be said that this financing case is nothing to Citigroup and Goldman Sachs. They are not so shocked that they held emergency meetings one after another to discuss the matter.
This was too unreasonable and a bit too alarming. But they had to do this because what worried them was one person - Lin Feng.
Because although this matter is the financing behavior of "Second Bank" and "Bank of East Asia" and belongs to the two banks, anyone with a discerning eye can easily see the shadow of Lin Feng in it. After this acquisition, it is tantamount to disguised
Lin Feng owns "Standard Bank of South Africa". You must know that Lin Feng's actual personal shares in "Second Bank" and "Bank of East Asia" are not enough to occupy absolute control, but in fact, counting Lin Feng's friends and partners
With the shares he owns, it can be said that Lam Feng actually has absolute control over "Second Bank" and "Bank of East Asia".
Naturally, Lin Feng also has direct control over 33% of the equity of "Standard Bank of South Africa". Although it is not enough to directly control the board of directors of "Standard Bank of South Africa", Lin Feng can only use the stock market or acquire the shares from small shareholders.
The shares are enough to fully control "Standard Bank of South Africa".
If Lin Feng really does this, it means that Lin Feng has the controlling rights of three large banks. Lin Feng will become a figure that cannot be ignored in the financial industry and will become a figure that the financial industry must pay attention to, especially in Asia and Africa.
Lam Feng will become one of the flagships in the financial world.
A new era has arrived! - Blank Fein, president of Goldman Sachs Investment Bank, exclaimed.
Now that Lam Feng has the support of three banks, it can be said that his abundant funds are rare in the world, and the companies under Lam Feng will also benefit from this and receive huge amounts of financial assistance. It is no exaggeration to say that now Lam Feng can easily mobilize
Tens of billions of dollars of funds. Such huge funds are enough to ensure that Lin Feng's company can remain calm when facing any danger. What's more, don't forget that Lin Feng also has a good relationship with China's Industrial and Commercial Bank of China, and ICBC
The wealth of funds is also jaw-dropping.
This small ship has grown into a ship large enough to cross the Pacific Ocean. - Prince, CEO of Citigroup, exclaimed.
At this time, Europe.
"Gary, it seems that Lin Feng's growth has far exceeded our imagination, so no matter what method you use, be sure to become friends with him. He will be the person who can change the financial structure of the world, and he is also our Rothschild.
Whether Germany can return to the world stage is the key to becoming a world leader!" Baron David de Rothschild said.
Gary Rothschild nodded.
Taking advantage of this shareholder trend, Lin Feng announced the establishment of the Second Consortium, which owns "Second World", "Second Entertainment", "Second Game", "Baidu Portal", "Tencent" and "Phantom Technology".
", "Dingdang.com", "Qidian Fast Food Restaurant", "Qiming Chinese Network", as well as "fsn-houston" TV station, "Houston Chronicle", and "youtube" the largest video sharing website in the United States today, and of course, there are
"Second Bank" and "Bank of East Asia", as well as "Second Insurance Co., Ltd." and "Second Real Estate Co., Ltd." formed a super large consortium. As for the "Standard Bank of South Africa", because Lam Feng has not yet
Holding its absolute controlling stake would inevitably lead to shareholders of Standard Bank of South Africa uniting to boycott themselves and temporarily abandoning the bank.
Although this declaration was expected by the outside world, it still shocked the outside world when Lin Feng officially announced the establishment of a personal consortium. You must know that most consortiums in various countries in the world are composed of multiple interest groups for common interests.
, its equity is dispersed, and it only becomes a community of interests for the sake of common interests. Even the Rockefeller Group, Morgan Group, etc. in the United States are composed of family members, but in fact the equity structure is managed separately by each member of the family.
, no different from consortiums such as Japan.
But this is not the case with Lam Feng's "Second Consortium". Almost absolute equity in all companies is controlled by Lam Feng alone. It can be said that Lam Feng's wishes represent the wishes of the "Second Consortium" and he alone can make decisions.
The trends of the entire consortium are undoubtedly quite terrifying. The power and power possessed by such a person is quite terrifying. Of course, at present, Lin Feng's main industry is still in the IT gaming and entertainment industry, although it has a great influence.
But in fact the harm to society is not great enough.
But what about the future! What will happen to Lin Feng in the future? No one knows.
After all, Lam Fung’s “Second Consortium” already owns two banks and is also involved in the insurance and real estate industries. Although the insurance industry is currently only among Lam Fung’s companies, it will surely radiate with the development of Lam Fung’s business in the future.
Kailai will definitely become a presence that cannot be ignored in the insurance industry. As for real estate companies, although Lin Feng has not taken any action so far, who knows what will happen to Lin Feng in the future?
Of course, what the outside world is even more excited about is how much assets Lin Feng currently owns. This is of most interest to ordinary people and the media. For the general public, they do not care about Lin Feng’s influence on society.
How much influence it will have and how destructive it will be to society. What they care about is how much money Lin Feng has.
Regarding this matter, "Fortune" magazine immediately conducted statistics. However, the results of the statistics were very troublesome. Affected by the establishment of the "Second Consortium" and the financing of "Standard Bank of South Africa", the stock prices of the listed companies under the "Second Consortium"
All had a slight increase, with an average increase of 5.1%. Based on the stock price statistics at that time, Fortune magazine finally gave a vague number in the latest issue - Lin Feng's personal wealth exceeds 75 billion US dollars. It is far behind the rankings.
Bill Gates is second with $18 billion.
Most people are not surprised by this figure, and are even a little disappointed. After all, more and more people are paying attention to the stock market now, and they are somewhat aware of the rising stock prices of Lam Feng's companies. It can be said that Lam Feng's assets are huge.
Most of them can estimate a rough figure based on the last "Fortune" evaluation report. They are concerned about the assets of Lam Feng's other unlisted companies. If these companies are listed, how many assets will Lam Feng have?
Chapter completed!