Chapter eight hundred and forty-ninth the combination of capital interests
Su Yue opened the email and found that it was sent to him by Miss Carlo, the Rothschild family. The other party invited him to attend an important art exhibition together.
Su Yue was not interested in fine arts, famous paintings, etc.
Furthermore, the group has many things waiting for him to deal with. In the afternoon, he also made an appointment with Mr. Priley, deputy governor of the Bank of England, and he really couldn't find time.
So he just glanced lightly and tactfully rejected Carol's invitation.
"Chairman..." Su Yue had just rejected Carol, and his special assistant An Keer hurriedly broke into the office and said anxiously, "Mr. Benjamin Dell, I called you and invite you to discuss it again."
"When and where?" Su Yue asked.
"At 5:30 this afternoon, the Rothschilds were in the villa area of London." Anker replied.
Su Yue knew that Benjamin Dell's invitation should be preparing for formal negotiations. He couldn't help but ponder for a moment and said, "Let's postpone the meeting with Mr. Priley in the afternoon. Tell Ma Fujun and let him prepare and go to the Rothschild family with me in the afternoon."
"At the same time, I will notify Mr. Gu, Mr. Yang, Mr. Yan and others..."
Su Yue glanced at the time and said, "In 30 minutes, a video board meeting will be held to discuss our cooperation with the Rothschild family."
"Also, let Mr. Ma take the detailed information of the Rothschild family and the industrial information that he controls and invests in."
"Transfer to all the directors of the group and let them all take a look."
An Keer nodded, immediately left the office, and quickly completed Su Yue's order.
Half an hour later, the group video board meeting was held. At this time, Huaguo was at 4:40 pm. Everyone was there, whether it was the group headquarters or the branch.
"Everyone, I just received a call from Mr. Benjamin Dale. We have formal cooperation negotiations with Rothschild. Today, it should be launched at 6 pm London time." Su Yue looked at the group directors and shareholders in the video and asked, "You should have read all the basic information of the Rothschild family. What are your opinions?"
"After operating for two hundred years, the network of relationships is indeed deep, especially in recent decades, after the principle of intermarriage among the Rothschild family was abolished, their relationship with the royal families and nobles in Europe seemed to be closer." Gu Yunxi said first, "Capital and power are always closely linked. If we want to fully consolidate the European market and build the European market into a foundation that is second only to China."
“It is indeed more beneficial than disadvantages to unite the Rothschild family and tie them to our interests.”
"I support your decision by Chairman and agree to the group's alliance with Rothschild."
"But regarding their asset investment... I just looked carefully and found that the wealth field of their family seems to have no particularly high-quality industry assets. Accepting their asset injections does not seem to be in line with our group's investment policies and investment philosophy."
"So, I suggest that they want to cooperate and participate in the group's investment."
"The injection of real money is far better than the injection of assets."
"If we are determined to acquire Asml at a significant premium, we will spend $13 billion to $15 billion in a short period of time."
"This is about 100 billion Chinese currency funds."
"Although we still have more than 200 billion cash in our account, except for the 100 billion Chinese currency, the remaining funds are no longer too much for the size of our entire group."
"From the perspective of funds, if the other party wants to enter our Bentayga Capital Group, cash injection is a way that everyone can accept."
"I agree with what Mr. Gu said." Chen Xiaoya said, "Excluding the amount of money acquired by Asml, the remaining 100 billion yuan in cash is not sufficient for our entire group. The group needs to accept investment from the Rothschild family. Compared with asset injections, of course, it is cash investment, which is easier to accept."
Su Yue nodded slightly, then looked at Yang Liguo and asked, "Old Yang, do you think that there is really nothing we want in the industry of the Rothschild family?"
"Their industries are mostly traditional industries, hotels, real estate, wineries, natural gas, electricity, oil... There are fewer emerging industries. As the core NMR banks, there are also several asset management companies. They have no competitiveness in the entire industry. It is a trouble for us to really inject it in." Yang Liguo said, "Chairman, overall, there is really nothing we want in their industries."
"Lithium ore in Chile, copper ore in Congo," said Su Yue. "There are also many investments in the medical industry. Are these... not high-quality assets?"
"Lithium ore, cobalt ore?" Yang Liguo wondered, "This thing is currently in demand for the global market, and it seems to be of little value. As for copper ore, Roche's copper ore in Chile is not very large in scale, and the mining cost is high, so it is not practically useful."
"The demand is small now and has no value, but it may be possible in the future." Su Yue said, "The Chilean lithium ore and Congo cobalt ore under Roche's control have a good grade. If market demand explodes in the future, it will have great potential. This thing has the strategic value of occupying the right to speak in pricing."
The new energy vehicle industry will explode in the future, and cobalt and lithium resources will be in short supply.
Now no one realizes the value of these resources, so he can take advantage of various investments to gain the right to speak in this resource field in advance.
The Bentayga Capital Group has reached its current scale.
Between investments, what we are competing for is no longer just short-term profits, but industry voice.
"No matter how much resources are, it is not too small. At critical moments, it is fatal." Guo Kunze said, "I agree with the chairman's statement that no one cares about cobalt and lithium resources, and they do not reflect their value. The valuation must be very low. Taking the opportunity to take it down is very good as the group's resource reserve."
"Overall, the industry of the Rothschild family is indeed much worse than before."
"But there are still quite a lot of high-quality assets in it. Of course... the high-quality assets and projects in it are all Roche's foundation."
"Even if they want to cooperate with us and want to obtain part of our Bentayga Capital Group's equity through the form of injecting assets, they will not let go of these high-quality assets and will only choose to inject secondary assets into us."
“Because if you inject high-quality assets into our group, it is hollowing out the Rothschild family.”
"It's impossible for them to do this if they are not stupid."
"So, instead of thinking about the quality projects they have, it is better to choose some of the sub-projects we want and then let them make up for it with cash."
“It is important to work with Rothschild, that’s not to greed for these assets or projects.”
"It is to take control of Asml and to bind Roche's interests to us, so that they can use the network of relationships established in Europe for 200 years to serve our group's business development in Europe."
"Under the general premise, we make appropriate concessions, I don't think there is any problem."
"Mr. Guo is right." Yan Rujun said, "As long as the macro strategy is correct, you don't have to take the small interests too seriously."
"I believe the chairman thinks the same."
"Although Luo has fallen a lot, he can also be called a European capital giant." Nie Yuanzheng laughed, "If we use their power to help us gain more and greater benefits in the future, we can help us penetrate deeply into this land of Europe, steal a lot of resources and technologies they blocked us, and then make up for the country, then it is nothing to make up for it appropriately in negotiations."
"Okay, I understand." Su Yue said after understanding everyone's opinions.
"If you want to open a gap in a force, it is to give it benefits and let it assimilate it." Nie Yuanzheng continued, "As long as you can open up the investment gap in Europe and try every means to control more high-quality enterprises and projects with domestic technological shortcomings, then... On behalf of Huijin and State-owned Assets, I will support you unconditionally."
"I feel relieved with Mr. Nie's words." Su Yue laughed.
After discussing the issues about the Rothschild family, Su Yue asked about some of the group's daily operations and then the meeting ended.
At around 5:30 pm, Su Yue and Ma Fujun, as representatives of the group, came to the villa area of the Rothschild family in London.
The reason why the two sides chose this place for formal negotiations is to create an informal meeting for the outside world and temporarily blind the outside world's attention.
Arrive at the villa area and enter the private territory of the Rothschild family.
Benjamin Dell hurriedly came out, followed by Benjamin Dell's wife, Bey Anaer, and several other members of the Rothschild family.
Su Yue glanced at Beya Annar and found that she really looked very similar to Carloer.
After greetings between the two parties, they came to a spacious room in a villa. The room was decorated in a conference room, which looked simple and solemn.
"Chairman Su, let's start!"
After introducing each other, the two sides sat down, and Benjamin Dell, the patriarch of the Rothschild family and the chairman of the group, smiled and said.
Su Yue made a gesture of invitation, and then Benjamin Dell said leisurely: "Last time, after a preliminary conversation with Chairman Su, yesterday, Reginold of UBS Group and Mr. Lloyds Bank met me together, giving me and my family very generous conditions, and also promised to give our family group a low-interest long-term loan of $30 billion, so that we can use it to expand our business and rebuild the advantages of Roche Group."
"A long-term low-interest loan of $30 billion." Su Yue's expression remained unchanged and he chuckled, "It's really a big deal."
"I didn't agree." Benjamin Dell looked at Su Yue with a smile. "What our family needs is not a $30 billion loan, nor much short-term profit. What we need is an opportunity."
"A chance to regain our past glory for the next 30 and 50 years."
"China is rising rapidly."
"I firmly believe that this opportunity, in China, believes that China is the cradle and fertile ground for future capital investment."
"Just like the United States during World War II, 80 years ago."
"We missed the opportunity in the United States and did not want to miss the opportunity in China again. This is the root and motivation for me to seek cooperation with Chairman Su."
"Mr. Dell's investment landscape is admirable," said Su Yue.
After contacting Benjamin Dell, Su Yue was still a little impressed by this young chairman of Roche Group.
"So, we, Roche, have a very sincere relationship in this cooperation," said Benjamin Dale. "I also hope that Mr. Su and the Bentayga Capital Group you represent can be sincere."
Su Yue nodded and said, "Of course, otherwise I wouldn't be sitting here today."
"I know your ambitions in Europe, but this market has begun to decay." Benjamin Dell said. "We will do our best to help you, and I hope you can give us the same treatment in China."
As he said that, Benjamin Dell took the cooperation proposal that he had prepared early from his assistant behind him.
He handed it to Su Yue.
Su Yue opened and looked at it. As Guo Kunze expected, in the intended injecting assets, Rothschild removed all the core high-quality assets they invested in the world and wrote only some assets and projects that had no prospects in it.
"Mr. Dell, is this what you mean by sincerity?"
Su Yueyang Yang Yang's cooperation proposal was in his hand, and his eyes became cold: "You obviously want to get rid of the burden of sub-assets and pass on these prospective asset management risks to our Bentayga Capital Group."
"If Mr. Su is not satisfied with these assets, he can choose what you are interested in from the asset list and inject it into your group at a market price of 90%." Benjamin Dell said, "How about the remaining insufficient part, we invest in cash?"
"You have so much cash?" Su Yue was surprised.
The current Rothschild family is no longer comparable to the past. It is estimated from the information collected by the Bentayga Capital Group that all investment property of the Roths family will not exceed US$80 billion, and more than 90% of these properties are fixed assets, and there is no possibility of too much cash.
To invest in assets and cash, it will occupy 3% to 5% of the shares in the Bentayga Capital Group.
With the current size of the Rothschild family group, it must be bleeding heavily.
"Chairman Su underestimated us." Benjamin Dell chuckled, "Although our Rothschild family is currently not as strong as family groups such as Morgan, Goldman Sachs, and DuPont that rely on the rapid development of the US economy, they can still get about $10 billion in cash."
“We want to inject assets and funds in accordance with the 5% share specification promised by Mr. Su.”
"At the same time, you need to help us nmr investment bank to win investment seats in the China Securities Market, as well as 15% of the equity of Qingdao Bank that is being auctioned in your China."
Su Yue pondered for a moment, thinking about the domestic securities market, that it was gradually opening up foreign capital to enter the channel. In terms of the banking industry, there was also a precedent for Shenzhen Development to be controlled by foreign capital. The two conditions required by Benjamin Dell were not difficult, and he couldn't help but smile and replied: "Yes, but you have to help us get the controlling stake in Asml Company first."
Chapter completed!