Chapter 1844 SUN's Acquisition Intention
Xiao Qi's stay in the United States will not be too long, so he must do what he needs to do in advance.
So after coming out of the Mexican restaurant, he didn't waste the afternoon. Instead, he got into the waiting car outside and arrived at an underground garage on Wall Street with his bodyguards.
Originally, in a place like Wall Street where land is at a premium, there are usually no parking spaces at noon. However, as soon as Xiao Qi's three cars entered the garage, there were dedicated people to help guide them, and they finally parked in an open parking space.
.
Standing next to the parking space were two tall, middle-aged foreign men. One was slightly chubby and wore glasses, while the other was a handsome middle-aged man, wearing very trendy clothes.
"Qi Shao!"
Seeing Xiao Qi come out of the car, the two of them hurriedly greeted him and greeted him in awkward Chinese.
"Hello, you two." Xiao Qi shook hands with them and said with a smile, "Mr. Canberra, Mr. Dagan, I have admired your names for a long time!"
"You're too polite, Mr. Qi. What does our false reputation mean compared to yours?" Canberra, who was wearing glasses, said with a smile.
"Let's go upstairs and talk!" The handsome middle-aged man Dagan waved his hand: "I can't wait to hear what new investment ideas Qi Shao has!"
"Then please!"
Xiao Qi smiled and took the special elevator with them to the top floor of the building.
Every piece of land on Wall Street is valuable. Even the Fortune 500 may not be able to own an office building of its own here.
The investment bank where Canberra and Dagan work naturally has this qualification.
There are five major investment banks on Wall Street: Goldman Sachs, Morgan Stanley, Merrill Lynch, Lehman, and Bear Stearns, but they cannot be said to be the world's five largest investment banks.
Among them, in addition to Goldman Sachs, which is rightfully number one, the top five should at least include UBS Warburg and Credit Suisse First Boston, two giant investment banks from Switzerland.
Canberra and Dagan work for Credit Suisse First Boston, a specialized investment banking department affiliated with Credit Suisse. It is nominally headquartered in Switzerland. But in fact, the U.S. headquarters controls everything.
Next to Credit Suisse First Boston is the New York headquarters of Deutsche Bank of the same size, as well as the headquarters of JPMorgan Chase, and a little beyond that is Goldman Sachs. Anyway, there are financial giants all around.
Xiao Qi was impressed by Credit Suisse First Boston because it was the investment bank that had the most active contact with Alibaba Group in 2013. Although Alibaba Group's IPO underwriting was such a big piece of meat, it was impossible for an investment bank to take it. But people
It is a very obvious trend to grab the fat from several major investment banks in the United States.
Even after acquiring First National Bank of Boston in the United States, Credit Suisse First Boston still has a strong Swiss atmosphere. It can take root on Wall Street, a place where Americans have their word, and can stir up the Alibaba Group IPO, which is "the largest in history."
"ipo", their strength can also be imagined.
Xiao Qi's reincarnation was at the end of 2013. At this time, Alibaba Group had not yet been listed, but the overall trend was already obvious. Credit Suisse First Boston had fully invested in it. It is expected that the IPO process would be launched in the second half of 2014.
!
With such a powerful investment bank, Xiao Qi can naturally cooperate with them.
For Xiao Qi, the only purpose of the existence of investment banks is to help him acquire various useful companies.
As for those people who often recommend themselves and come to recommend various financial products, they have never met Xiao Qi.
No matter who it was, even if it was Citibank, which had the best relationship with Xiao Qi, a senior vice president wanted to recommend a financial derivative to Xiao Qi that was so complex that the instruction manual alone had 123 pages. He swore that this would definitely make money.
As a result, Xiao Qi only responded to him with one word on the phone: "Get out!"
The result was that Xiao Qi complained to Citibank in a formal letter, causing the senior vice president to lose his job.
With so many rumors, no one dared to sell any financial products to Xiao Qi anymore. This made countless investment bankers sigh. This is why Dagan just said that he was ready to listen to Xiao Qi's investment ideas.
——Normally, many wealthy people go to investment banks because they want to buy some products.
But Xiao Qi doesn't care what outsiders think, as long as he knows what he wants.
Canberra is a Swiss and is currently the chairman of Credit Suisse First Boston. He is honest and steady, and is the first choice to sit in the rear.
Dagan is an American who became the CEO of Credit Suisse First Boston. He has been very aggressive since his debut. In his career of more than 20 years, he has been responsible for hundreds of large and small acquisitions, mergers, investments, and restructurings.
Business is also the primary contributor to Credit Suisse First Boston’s foothold in the United States.
Sitting in the spacious and bright office, Xiao Qi drank freshly ground coffee milk and looked at the bright street scene outside. He suddenly smiled and said: "Mr. Dagan, your secretary is very beautiful, even more beautiful than those big stars."
"Haha, just call me Weisen! I knew you were of the same kind, Mr. Qi." Dagan smiled proudly, "I spent a lot of effort to get Xie Linna. But it's not a woman's.
The expense is so high, raising her is like raising a small theater troupe!"
"Well, if a woman dresses up beautifully, doesn't it make it easier for us men?" Xiao Qi shrugged, "How can men hug each other if they don't even have this ability?"
"Haha! It's not easy to hug both sides, in the United States." Dagan joked: "I think the ancient Chinese were the best. You can have as many wives as you want!"
The two of them were chatting here, and Canberra next to them just listened with a smile and said nothing.
When he felt that it was almost done, Dagan began to get to the point: "Qi Shao, I received a call from Hoffman a few days ago, and I have been excited. I wonder what you want from us at First Boston?
Could it be said that we are also qualified to enter your field of vision and cooperate with you?"
"Weisen, you are too modest. If Credit Suisse is not capable, who else can say that it is a successful bank?" Xiao Qi said with a smile: "I have a big deal to ask you for."
"Big deal?" Canberra's eyes immediately lit up, "Qi Shao, I dare not say anything else, but if you cooperate with us, there will definitely be no bad behavior like the American investment banks, which eats the buyers and eats the sellers. We
Credit Suisse First Boston is definitely your trustworthy partner!”
Dagan on the side also asked excitedly: "I don't know what kind of investment you want to make, Mr. Qi? Or what company do you want to buy?"
No wonder the two of them were so excited.
Whether Xiao Qi asked Citi to help purchase LinkedIn, Nortel Networks, or asked Goldman Sachs to help acquire Infineon, he was very generous and the commissions he gave were sufficient, making both Citi and Goldman Sachs make a lot of money.
Helping to lead the purchase and sale of companies has always been one of the important tasks of investment banks. Of course, Credit Suisse First Boston is also looking forward to such a piece of fat falling on its head.
The most important thing is that by helping Xiao Qi, he successfully established a relationship with Xiao Qi. If Xiao Qi's company is to be listed in the future, wouldn't it also be a part of Credit Suisse First Boston?
"How difficult do you think it is for me to buy Sun Company?" Xiao Qi did not disappoint them and directly broke the news.
"sun company?"
Dagan raised his eyebrows, "Sun with Java.va programming language and Solaris operating system?"
"You're right." Xiao Qi nodded slightly, "I want to buy it! Do you have the ability to do this?"
"Sun has a total of 726.46 million shares. The current stock price is about 12 US dollars, and the market value is about 8.7 billion US dollars. Do you decide to acquire it at a premium?" Dagan quickly reported a lot of data, showing his horror.
memory.
"How is that possible?" Xiao Qi smiled, "Don't you think its current stock price is too high?"
"hehe."
Dagan smiled and said nothing.
In fact, of course he knew this, and by saying this, he just wanted to elicit Xiao Qi's true target price.
"I hope you will pay attention to Sun Company now, and when the time is right, you can start a formal inquiry with them." Xiao Qi said harmoniously: "The price I gave Credit Suisse First Boston is as long as it can make them
If Sun is privatized, I will give you a commission of US$200 million."
Hearing the price, both Canberra and Dagan laughed.
The commission of 200 million US dollars is equivalent to the return they received from independently operating Google's listing.
Compared with the cumbersomeness and complexity of an IPO, acquiring a company alone is simply a piece of cake - things that do not involve government departments or securities departments will be infinitely simpler.
"So, when is the right time?" Dagan continued to ask.
"When I think their price drops to a reasonable range." Xiao Qi said mysteriously, "Believe me, our cooperation will be completed within half a year at most."
Regarding the six-month guarantee given by Xiao Qi, Canbera and Dagan both nodded slightly. If they just wait blindly, then the various costs and efforts they have made will continue to increase. For an investment bank, it is not
Not a good thing.
As for what price Xiao Qi would pay for Sun, they were all a little curious.
However, no matter how they guessed, they could not have imagined that just a few months later, with the outbreak of the financial crisis and the collapse of the U.S. stock market, Sun's stock price actually fell to 2.59 US dollars per share, which is a market value of 1.9 billion US dollars, which is less than
It has plummeted by 80% since then!!
It is at that time that Xiao Qi will really take action.
Chapter completed!