We are all reborn, who wants to be the richest man?

Chapter 674 Tata Group
“Tata Group?”

"That's right. If he can get no less than 10% of the shares of Tata Group, he is willing to lend Barings Bank a ten-year low-interest loan of million pounds."

The castle of the Baring family. John Spencer received a reply and later met the current patriarch of the Baring family, Earl Felek Baring.

"Other than that?"

Felec didn't believe that the other party had only this one condition. The Tata Group was very large in India, but it had not reached the scale of later generations.

Especially after the fourth-generation leader of the Tata Group took over in 1991, the Tata Group began radical reform and restructuring, selling many assets at the lowest price.

Many people are paying attention. Whether it is a dragon or a worm, everyone is paying attention, and everyone wants to take a bite when the time is right.

The truth is that the Tata Group is now too bloated, and many big corporate problems have emerged.

This also forced the fourth-generation head Ratan Tata to buy assets to recover funds for reform and retain the development of core industries.

Therefore, the Tata Group is not considered a high-quality asset now. The requirement of not less than 10% of the shares of the Tata Group is too light now.

Sure enough, how could such a cheap thing be possible?

"The other party also wants Bahrain Bank's assets in South America and North Africa."

This is the region where the Far East Financial Department's business is the weakest. The original intention of taking over the Bank of Bahrain was not only to spy on the royal secrets but also to expand the business scope of these two regions.

Now that they have to give up the acquisition of Bank of Bahrain, they still have to ask for what they want.

Felix didn't say whether he agreed or not, but was thinking about another question.

"Do you think we should also take some shares of the Tata Group?"

John Spencer was stunned "Because this is what he wanted?"

"That's right." Felix nodded in agreement. "Everyone knows that this guy never does business at a loss. He specifically mentioned the Tata Group. Will investing in this group now bring huge returns in the future?"

"But could it be that the Luo family just wants to gain a foothold in India? Everyone knows that the government of Sammo Hung is very evil. If they can become one of the major shareholders of the Tata Group, their influence on Sammo Hung will definitely increase greatly, saving the Far East system a lot of trouble."

What John said makes sense, and the Far East Department has indeed suffered unspeakable and bizarre treatment from the Third Brother.

Since the establishment of the Far East Group, Luo Nianzhong has had an indescribable disgust towards his third brother and his people. This is something all the top executives of the group know.

The third brother went to the Far East manufacturing industry countless times to ask them to set up factories there, but was rejected every time.

But Singapore is a country with a large population, and the market there cannot be abandoned. For example, many of Watsons’ retail products, such as food, still have many joint ventures in Singapore.

The shareholding of a joint venture factory cannot exceed 40%? Yes.

After all, this is not aimed at Watsons, but a law enacted for Coca-Cola.

The Third Brother’s government was dealt with, but the Third Brother’s place and people were also weird.

There is no problem with 40% of the shares, but since I am the one who helps you make money, it’s okay for me to have the right to operate and manage the business, right?

But the people in India are just so weird. Some of the cooperative manufacturers will join forces with local governments in order to compete for the right to operate and manage.

First of all, there cannot be more than ten people working on a construction site, otherwise they will be fined.

Why? Because there is a law in Singapore that prohibits more than ten people from dancing together.

You say we are all workers, working on a construction site? But the construction workers don't think so.

Either you give me money, or we just danced.

Working to make money? Working to make money is not easy. In 1984, Watsons planned to build 11 cooperative factories in Singapore within five years. Ten years later, only seven factories have been put into operation.

This is a food factory. If it were located somewhere else, it would be up and running in less than a year, but my third brother hasn't finished building it in ten years.

The remaining factories are simply left unfinished and Watsons has already admitted the loss.

“No, I don’t think it will be that simple.

I plan to take fewer shares in the Tata Group as I can’t invest much anyway.”

The current Tata Group is no longer the world's largest conglomerate with more than 100 companies and more than 30 listed companies.

The number of companies under the Tata Group has now been reduced to 17, its assets have been almost halved compared to its peak period, and its internal reorganization has not yet been completed. How high can the market value of such a company be?
However, only Luo Nianzhong knew that the Tata Group would soon emerge from the trough and usher in a period of rapid growth, and would soar into the sky.

The reason for wanting shares in the Tata Group is, as John Spencer said, to increase the Luo family's influence in the third brother, and also to earn interest.

If you, the Bank of Bahrain, don’t give me a high interest rate, then I can only look for other places.

What if I can’t pay back the 300 million pounds after 20 years?

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Another point is to win over the Tata family. This minority family is not so valued in India.

You have to know that in India, surnames are a big deal. It really determines who lives in Rome, who lives in the suburbs, and who lives in the cesspool at birth.

If you have a bad surname, even if you are excellent, it will be useless as you won’t be able to do many jobs.

"This is an investment opportunity. At least from any perspective, Luo Nianzhong does not think that the Tata Group will remain silent."

John Spencer was also tempted and felt that he should get some shares in the Tata Group.

For outsiders, it is very difficult to get shares of the Tata Group. Not to mention the Tata family, you can't even get past the Tata brother.

This is a country where not taking advantage would be a loss, so how could it allow outsiders to share its fruits?

But this matter is very simple for the Bahrain family. First of all, the third brother is now a Commonwealth country. Secondly, someone from the Bahrain family has served as governor here.

The most important thing is the history of the Tata Group's rise. It is impossible for a minority to establish such a large company with such a wide range of industries without someone at the top.

This brings us to the help that the Barings family provided to the Tata Group. At that time, Barings Bank was at its peak, and it was the loans from Barings Bank that enabled the Tata family to develop rapidly.

This also labeled the Tata family with Bahrain and the British Empire, avoiding a lot of trouble.

So after knowing that John Spencer had come forward, Luo Nianzhong did not reject the other party, but gave the other party face in exchange for greater benefits.

……

"love me…".

Sarah's mansion in Hong Kong Island. After receiving Luo Nianzhong's answer without hesitation, Sarah rushed back to Hong Kong Island overnight.
Although Luo Nianzhong was seeking to maximize his profits, Sarah believed that he gave up the Bank of Bahrain for her sake.

"Uh, forget it."

"It's okay, it's been three months now, just be gentle."

Luo Nianzhong rolled his eyes and said, "You're fine, but I'm the one who's suffering."

You can ask a boxer to throw a hundred punches in a minute, but if you ask him to throw ten punches in a minute for an hour, he will go crazy.

(End of this chapter)