Chapter 1095 Lloyds Bank proposed to acquire Standard Bank!

1986 3 Month 30 Day.

Sunday.

It's a day off.

Meris did not return to the Empire Group headquarters building, but came directly to the Repulse Bay Mid-level Villa to meet Yang Ming.

In the study room on the third floor.

Yang Ming and Melis discussed the acquisition of Standard Bank.

It can be said that this time Lloyds Bank is in front and Imperial Group is behind.

It belongs to the mantis hunting the cicada and the oriole behind.

Yang Ming hopes that Royce Bank will take action first, and then Imperial Group.

"Boss, I will go to London tomorrow morning in the name of inspecting the European headquarters."

I don’t want too many people to pay attention to the acquisition of Standard Bank. As the general manager of the Imperial Group's cabinet, Meris's every move will attract the attention of many people.

Therefore, this time Merisi went there in the name of inspecting the European headquarters of Empire Group, but he was actually personally responsible for the acquisition of Standard Bank.

Yang Ming and Mai Lisi finished talking.

Merith went home to prepare.

Have a night's rest.

The next day came March 1986, 3.

Today is Monday.

After saying goodbye to his wife, Melisi took a car to Kai Tak International Airport in Hong Kong, and then flew directly from Hong Kong to London.

Merith leaves.

Ma Shimin, General Manager of Overseas Trust Bank, serves as General Manager of the Provisional Imperial Group Cabinet.

While Melis was away from Hong Kong, cabinet matters were temporarily handled by Ma Shimin.

. . .

Direct flight from Hong Kong to London.

About fourteen hours.

The international flight that Melis was on landed safely at London International Airport.

When Merith and the bodyguard got off the plane.

Barlow has come here in advance to greet him.

At this time, Meris was very important, and both the royal family of King Y and Mrs. Satchell took it very seriously. However, Melis came without notifying the royal family and Mrs. Sutter in advance.

In Barlow personally picked up Merith and left.

Then he stayed directly at Yang Ming's Jazz Manor in a small town in London.

When the two of them arrived here, they went directly to a guest room.

After Barlow spent New Year's Eve, he flew back to London, and then began to have people quietly investigate the information of Lloyds Bank and Standard Bank.

Among them, Lloyds Bank, also known as Lloyds Bank, is not only one of the four largest private banks in country Y, but also very powerful.

The main banks controlled include London Bank of Montreal, Lloyds European Bank, New Zealand National Bank, etc.

Since 1972, it has jointly carried out credit card business with Midland Bank and National Westminster Bank.

It has close relations with the petroleum, steel, aircraft and shipping industries domestically and has many branches internationally.

In 1983, Lloyds Bank changed its past "big is good" strategy and focused on increasing shareholder interests, setting a goal of doubling shareholder interests every three years.

In addition, the management of Lloyds Bank has already set its sights on Standard Bank.

In addition to the low share price and low market value of Standard Bank, it is also a step for Lloyds Bank to further expand its international business.

Just when the bank's management thought that no one else was paying attention to Standard Bank's potential, Barlow's investigation found that Lloyds Bank had indeed paid attention to Standard Bank.

However, it has not officially announced its intention to acquire this bank.

Privately, Lloyds Bank has contacted the management of Standard Bank, but has encountered strong opposition and backlash from the management of Standard Bank.

The other one contains the details of Standard Bank.

Standard Bank not only owns Bank of Hong Kong, but also Bank of India, Bank of Australia, Bank of Singapore, Standard Bank of South Philippines, Union Bank of Arizona and other branches as well as acquired independent branches. Belongs to a truly multinational bank.

Although Standard Bank's main profits came from Africa and Asia at this time, its strength was very small.

When Barlow learned from his boss that Lloyds Bank was going to acquire Standard Bank, Barlow felt that the opportunity for Imperial Group had come.

At this time, the Imperial Group controlled more than a dozen Chinese-owned banks in Xiangjiang, as well as the Taibei No. 10 Credit Union in Wanwan. However, Barlow also knew that with the current scale of the Imperial Group, these banks alone were indeed not enough.

I don’t know how much capital flows in and out of the Imperial Group every day.

In particular, the Imperial Group first made its fortune from the stock market, so the safety of capital flows in and out is even more important.

Even with partners like Huifeng Bank now available, Barlow knows it's still not enough.

"General Manager, although Royce Bank is very powerful, its capital flow is still far behind our Imperial Group in all aspects," Barlow said.

Historically, the failure of Lloyds Bank to acquire Standard Bank was due to its own capital flow problems.

In the end, Bao Yugang and Qiu De mobilized these Asian wealthy people to successfully block Lloyds Bank's acquisition of Standard Bank.

Merith and Barlow were there conferring.

"Before I came here, my boss said that we would wait for Royce Bank to take action first."

If the Empire Group directly announced the acquisition of Standard Bank now, it would probably arouse many people's attacks. However, it would be different if Royce Bank took the lead and Imperial Group took action.

During this period of time, Meris's plan was to first inspect the European headquarters of the Empire Group.

Then, on behalf of Yang Ming and the Imperial Group, he visited the royal family and met with the Queen. In addition, he also went to meet with Mrs. Satchell. If necessary, he proposed that Mrs. Satchell support the Imperial Group's acquisition of Standard Bank.

. . .

The next few days.

After Merith met Keira.

On behalf of Yang Ming and the Imperial Group, Meris personally visited the royal family, met with the queen, and also gave gifts.

Although Yang Ming did not come to London, it is almost the same now that Meris is here on behalf of Sir Yang and the Imperial Group.

Went to the royal family and visited the Queen.

Then he went to No. 10 Downing Street to meet with Mrs. Satchell on behalf of Yang Ming and the Imperial Group.

Mellis and Mrs. Satchell talked for a long time.

Eventually Merith left and returned to the Jazz Manor.

The time came to October 1986, 4.

A week after Melis arrived in London.

Lloyds Bank immediately announced a comprehensive acquisition proposal for Standard Bank at a price of 750 pence per share, which was strongly opposed by Standard Bank management.

However, Royce Bank is one of the four largest private sector banks in country Y.

Zada Bank is a multinational bank and one of the largest listed banks in country Y.

Now, the fact that Rice Bank wants to swallow up Zada ​​Bank still attracts the attention of many capitals in Country Y.

Since the objection document issued by Standard Bank management to the Royce acquisition proposal did not provide its latest profit forecast, nor did it explain in detail the reasons for its opposition to the acquisition, institutional investors tended to support Rice Bank. The situation Quite critical.

In addition, there is another fatal aspect of Standard Bank's management.

88% of Standard Bank's shares are held by institutional investors, whose orientation has a decisive influence on the acquisition.

At this time, these institutional investors began to favor Rice Bank again.