Rebirth of the Strongest Tycoon

Vol 3 Chapter 1313: 1 large bank got it

Latest website: When we met again, the atmosphere of the meeting was obviously much more relaxed and happy than the last two.

Of course, this meeting was different from the last one. Both parties brought a team.

The meeting place was also changed from the Vienna International Hotel, Austria to the meeting room of the Vienna Stock Exchange.

After greeting each other and sitting down, Ulysses Myron smiled and told George Berkeley the good news: "President Berkeley, after the above discussion, the government agrees to the four conditions you put forward."

"But there are still some details that need to be further refined."

George Berkeley smiled and nodded: "No problem."

"Then let's start."

Ulysses Myron opened the document and read: "Regarding the first condition, the government is willing to sell the shares of the Austrian Central Savings Commercial Bank. The current government's direct shareholding ratio is 82.9%."

This is the fourth largest bank in Austria and the third largest bank controlled by the Austrian government.

The bank currently only conducts business in Austria and a few neighboring countries, with a total of 185 branches, of which there are 117 in Austria, with a total of 4284 employees, total assets of the bank reached 14.82 billion U.S. dollars, and total deposits of 12.38 billion U.S. dollars. Last year’s revenue was 503 million U.S. dollars and net profit of 42 million U.S. dollars.

In terms of deposit rate, revenue and profit margin, the Austrian Central Savings and Commercial Bank is definitely a high-quality bank.

The reason for taking out this bank is not only because it has the smallest strength, but also because it is the one with the highest shareholding ratio of the Austrian government among the three banks designated by George Berkeley.

In the second largest Austrian Credit Union Bank, the Austrian government holds 69.45% of the shares.

In the third largest Austrian credit bank, the Austrian government only holds 56%.

According to the conditions, the Austrian government needs to assist the Bright Fund to purchase a bank. The central savings and commercial bank, which is the weakest, happens to have the most shares held by the government and the most trouble-free, so it naturally chose it.

"I agree with this bank, but the specific value needs to be further evaluated, and the government needs to cooperate with the purchase of the remaining equity."

George Berkeley nodded.

"no problem."

Ulysses Myron smiled and said that the acquisition is not that difficult, because in addition to the 82.9% of the shares directly held by the government, some of the shares are in the hands of state-owned companies, and the government's will can easily dominate.

"Regarding the second condition, the government has made a preliminary draft. In addition to the content you mentioned, there are some supplements, but these supplements are useful. President Berkeley, you can see it by looking at it."

As soon as he finished speaking, the assistant beside him took out five or six materials and sent them to George Berkeley and others.

After reading it, George Berkeley and others had no objection, because it was indeed a more detailed policy, and he had no reason to refuse.

...

Because of the rich content, friendly and harmonious talks lasted for nearly three hours, and then they reached an agreement.

The framework of cooperation has been set, and neither side will go back, and the asset appraisal of the Austrian Central Savings and Commercial Bank will also be carried out immediately.

So George Berkeley also let go. In order to show his sincerity, he had the first time to let people register a branch in Austria. The Austrian government's business department passed the green light throughout the process, which is definitely a fast registration.

After registration, George Berkeley transferred a branch vice president from the West German branch, named Thomas Morsi, who will serve as the first president of the Austria branch.

After the company is registered, the recruitment is started immediately. With the reputation of Bright Fund, it has a strong attraction to Austrian financial elites, not to mention the cooperation of Korn Ferry International. In just one week, the company will look good.

After an urgent assessment, the Austrian Central Savings Commercial Bank also officially completed the acquisition.

The 82.9% of the shares held by the Austrian government was transferred at a price of US$350 million, and there was also a 5.8% stake held by the Austrian government at a price of US$24.5 million.

The funds for the acquisition are directly transferred through the HSBC branch in Austria, which is actually the money borrowed by the Bright Fund from HSBC.

After the payment of 374.5 million US dollars, 88.7% of the shares of the Austrian Central Savings Commercial Bank were acquired and directly vested in the Austrian Bright Fund.

The remaining 11.3% of the equity will also need the assistance of the Austrian government in the acquisition.

After the bank is in hand, the funds of the Austrian Bright Fund will not be a problem.

Soon it will be ten times leveraged capital allocation. All stocks listed on the Vienna Stock Exchange will be sold at the bottom. The difficulty of bottom hunting is almost zero. As long as the sellers offer the price, they will sell it, which shows the disappointment of investors.

But this is just a bargain for the Bright Fund.

The stock hunting was completed in just three days.

The Vienna Stock Exchange also quickly completed the reform of the shareholding system and the reform of the operating system. The Bright Fund invested US$500,000 to acquire 34% of the equity, and the price of cabbage was properly obtained.

After everything was ready, George Berkeley began to act.

A newspaper under the Mirror Group published an article signed by George Berkeley, which directly pointed out that Austria is now a depression of value and listed ten reasons for investing in Austria.

As a financial giant in Europe, George Berkeley’s investment vision has always been known for his precision. After he published his article, financial companies in various European countries collected news for the first time. After learning that the Bright Fund had established a branch in Austria, he did not hesitate. Yes, they have sent people to Austria to open branches.

Especially the capital of West Germany, the speed is even faster.

Austria is adjacent to West Germany, in fact it is the back garden of West Germany. The national subjects of the two countries are Germanic. The two countries have common ancestors, languages ​​and cultures. In history, they belonged to the Holy Roman Empire, that is, the commonwealth. Prussia, which won in the Austrian War, pushed Austria out of Germany.

During World War II, Austria was annexed by Germany and became a province of the Third Reich. At that time, the German army was welcomed by most Austrian citizens along the way.

After the merger of Germany and Austria, the Austrians joined the army actively under the slogan of "one nation, one empire, one head of state".

So in fact, in the eyes of Germans, Austria is part of Germany, and some Austrians think so.

The German capital market is actually not active, far worse than France. German financial companies are typically rich and have nowhere to spend.

At this time, seeing the Austrian capital market in the back garden is about to take off, West German capital is pouring in wildly.

Even less than 30 stocks ~www.ltnovel.com~ were directly fired up, which made the Austrian government excited, and the previous voices against cooperation with the Bright Fund disappeared instantly.

This time, without George Berkeley's urging, the Austrian government itself was anxious and issued a decree requiring major domestic companies to actively apply for listing and at the same time allow the Vienna Stock Exchange to rapidly expand its staff.

The Austrian capital market is full of vitality.

Only after this sheep grows up, the Bright Fund can be harvested.

George Berkeley has set a goal to increase 500% in three years!

After asking Thomas Morsi to assist the parent company's acquisition team in acquiring voestalpine and Austrian avl, George Berkeley boarded the return flight with the favor of the Austrian government.

According to the news of the London company, the Canadian financial market has been turbulent and will soon burst. He has to go back to the company and take command!

ps: First delivery

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