Chapter 429 OMX Group

"But speaking of which, the new host of ITV has been doing well recently..."

After hearing Bonnie mention this, Barron asked:

"You mean Joe Harriman?"

After receiving Bonnie's confirmation, Barron shook his head and said:

"This...can be considered an unexpected surprise for her."

Speaking of which, after failing to prevent SEM Group from acquiring ITV, the competition between the three leading TV stations in the UK is still quite fierce.

Not long ago, the host of a financial talk show on ITV was poached by Sky TV, which also had a certain impact at the time - it was a popular financial talk show and was eventually hosted by Joe Harry Mann came in to fill in as show host.

After SEM Group completed the acquisition of ITV, SDTV integrated with ITV and used the new logo under the name of ITV.

Joe Harriman was responsible for completing the integration work at that time. Therefore, after the role of the host was missing, the person in charge of SDTV turned his attention to Joe Harriman.

She graduated from Oxford University with a degree in political science and economics. Before that, she had worked at Ernst \u0026 Young, where she was responsible for mergers and acquisitions consulting.

The most important thing is that Joe Harriman has outstanding appearance and bright appearance, so he is really a good candidate.

The only thing is that Joe Harriman has no experience in hosting or being on camera before, but it comes to this and he always has to give it a try.

As a result, after a trial recording of a program, Joe Harriman's performance turned out to be very good, with her own unique style.

Then after the show was launched, Jo Harriman's performance was so well received that she became the host of the show.

Because this program was once a week, it was not a huge workload. Jo Harriman was able to cope with it while taking into account her previous job, so she accepted this new job.

"Actually, she even attended our wedding. You may not have the impression."

"Really? I really didn't pay attention at the time, she..."

After hearing Barron talk about this, Bonnie had a thoughtful expression on her face.

After all, although their wedding was attended by many executives from companies under Barron's name, those people were all top managers. Speaking of which, Joe Harriman also attended the wedding, and Bonnie couldn't help but feel... Overthink it.

"She came with the leader of the Conservative Party, Howard and his family. Joe Harriman has a very close relationship with the Howard family. When she came to SEM Group, it was also recommended by Cameron..."

After hearing what Barron said, Bonnie was immediately relieved, and she turned to ask:

"Honey, what do you think if you invite her to be the host of "Britain's Got Talent"?"

"Don't you already have a candidate for the host? And as far as I know, she probably won't accept this invitation."

Barron explained to Bonnie:

"Speaking of which, even the position in SEM Group will only be a springboard for her. Based on her resume, it is obvious that her ultimate goal is to enter politics..."

When Barron said this, Bonnie understood.

In fact, from the time Joe Harriman first joined the SEM Group, Barron had already understood after investigating her that the path of her resume was a very standard template for accumulating experience and eventually entering politics.

Joe Harriman himself has a background in the Howard family, a conservative conservative party. It is only normal that he would make such a choice.

Just like the ITV financial program she is currently working on, because it suits her major, it can increase exposure, enhance her popularity, and give the public the impression of being professional in economics, so she is very happy to go there. made.

However, entertainment-oriented variety shows like "Britain's Got Talent" are not attractive to Joe Harriman, because they are not very helpful to her future planning path.

Barron believes that Joe Harriman’s choice to join SEM Group may be driven by Howard’s advice – this kind of media group is very suitable for accumulating prestige and building connections in the early stages. At the same time, entering SEM Group will be able to communicate with Barron. It can be said to be a very clever move to establish a relationship with this person who cannot be ignored without appearing too close and without being attacked by competitors in the future.

…

"I fully agree with the acquisition of Sweden's OMX Group. They have a dominant position in the Nordic securities market. After the merger with Tonglun Stock Exchange, they can increase the synergy between the two and effectively explore the application of new technologies..."

Clara Firth, CEO of the London Stock Exchange, said this when she met with Barron.

One year after acquiring the London Stock Exchange, Barron's also has a new plan, which is to acquire the OMX Group headquartered in Sweden, merge it with the London Stock Exchange, and form the London-OMX Group, which will become the largest securities company in Europe. Exchange.

OMX Group owns and operates the largest joint securities exchange market in the Nordic region, owns several stock exchanges in the Nordic and Baltic regions, and also develops and provides technology and services to companies in the global securities industry.

At this time, OMX Group owned many exchanges such as Helsinki Stock Exchange, Copenhagen Stock Exchange, Stockholm Stock Exchange, Iceland Stock Exchange, Tallinn Stock Exchange, Riga Stock Exchange and Vilnius Stock Exchange.

And OMX Group provides technical solutions to more than 60 stock exchanges and provides services to customers in more than 50 countries.

Therefore, the acquisition of OMX Group can bring to the London Stock Exchange not only the securities markets of the Nordic and Baltic regions, but also in terms of technology, OMX Group is more advanced than the London Stock Exchange at this time. After the introduction of these technologies, It will help the London Stock Exchange increase its profits.

It is worth mentioning that in 2004, OMX Group’s profit was higher than that of the London Stock Exchange. In addition to part of the profit coming from the technical services they provided, there is also the fact that their technology can make the exchange more efficient. Income has been increased to a certain extent.

In Barron's previous life, OMX Group was bid by Nasdaq Group and Dubai Exchange two years later. In the end, after a period of confrontation, the two parties reached an agreement-Dubai Exchange for 40 It acquired OMX Group in cash for US$100 million and then resold OMX Group to Nasdaq Group.

In exchange, Dubai Exchange received 20% of Nasdaq Group's shares and 28% of the London Stock Exchange's shares held by Nasdaq Group.

Yes, at that time, Nasdaq Group had previously made an acquisition of the London Stock Exchange, but it was ultimately unsuccessful, but it still obtained a considerable part of the shares of the London Stock Exchange.

But now, Barron will not leave these acquisition opportunities to the Nasdaq Group. He will be the first to acquire the OMX Group.

OMX Group is currently listed in Sweden, and its market value is similar to that of the London Stock Exchange, both at around US$3 billion.

The London Stock Exchange is now fully owned by Global Industrial Investment Fund (GII). After GII Fund CEO Finn Hudson completed the acquisition in China, he has returned to London and will soon use GII Fund II This period of funds will support the London Stock Exchange’s acquisition of OMX Group.

After all, the profits of the London Stock Exchange at this time are completely incomparable to those a few years later. In 2004, the gross profit of the London Stock Exchange was only 50 million pounds. There has been a certain growth this year, and it is expected to be only more than 60 million pounds... Here we are. Since 2010, the annual profit of the London Stock Exchange has exceeded 400 million pounds.