7319 billion to acquire Innovation Bank
At night, at Helandao Villa in Repulse Bay, Lin Haocang lay down beside the open-air swimming pool, watching the news on Jiangdao, and his lips slightly raised.
It's better to have a media group under it.
A mysterious tycoon from Guangdong Province bought No. 12 Baijia Road, Taiping Mountain from Li for a sky-high price of 1.2 billion.
Tsk, it seems that in the future, I will acquire more media around the world. If I don’t go to one place, I will acquire a large media without reporting any information related to me.
At this time, his phone rang. It was Li Ze, the eldest son of Li Tiancheng, the richest man in Jiangdao. After answering, Lin Haocang asked, "Mr. Li, what's the matter?"
On the phone, Li Ze smiled and said, "Mr. Lin, did you say you planned to acquire a bank last time? Now a bank has appeared. I wonder if you are interested?"
When the two were chatting, Lin Haocang mentioned that he planned to acquire a small and medium-sized bank in Jiangdao. He also paid special attention. Yesterday, the actual controller of a small boss bank in Jiangdao found him and intended to sell the 51% equity he had to their Li family, but he felt that the price was too high, and their Li family did not need such a small bank very much. They needed loans and funds, so they could completely find their old partners Fenghui Bank, Hengsheng Bank, and Yingda Bank.
In Jiangdao's industry, it is basically saturated, with large banks such as Fenghui Bank, Yingda Bank, Hengsheng Bank, and Bank of East Asia. Other large banks actually do not occupy much market share in Jiangdao, and Jiangdao's local small banks have even less market share under the squeeze of large banks.
Acquisition of such a small bank was not very effective for their Li family, so he bargained, but the other party was unwilling to do so, so the deal could not be reached.
So he thought of Lin Haocang once told him that he was interested in acquiring a bank on Jiangdao.
Lin Haocang heard Li Ze's words and immediately felt aroused. It would be nice to acquire a small bank.
Last time, Cangkong Capital spent 5 billion to jointly acquire Yonglong Bank with Hengsheng Bank, becoming the second largest shareholder of Yonglong Bank, controlling 13% of Yonglong Bank's shares.
But Cangkong Capital does not really own a bank. Thinking of this, Lin Haocang said, "Mr. Li, of course you are interested, don't keep it aside. Say, which small bank on Jiangdao is it?"
On the phone, Li Ze said: "It's Innovation Bank, its boss is Ma Zhaoxiang. He came to me yesterday and wanted to sell the equity of Innovation Bank to me, but the price is a bit high. I bargained the price a little, so he didn't want it anymore. Now he is probably looking for buyers. I wonder if you have any intention of purchasing Innovation Bank?"
"If you have the intention to acquire it, I will let Ma Zhaoxiang contact you."
When Lin Haocang heard this, he immediately said, "Let him come to me!"
"Okay" Li Ze chatted with Lin Haocang for a few more words, then ended the call, and then called Ma Zhaoxiang.
The phone was quickly connected, and Ma Zhaoxiang said excitedly on the phone: "Mr. Li, have you considered it?" Li Ze despised the price was too high yesterday, but he didn't expect that he suddenly called him today, which made him inexplicably happy.
Li Ze said straight to the point: "Mr. Ma, I have a friend who is very interested in Innovation Bank. I will call you and you can have a good talk with him!"
Ma Zhaoxiang immediately said, "Okay, Mr. Li, I'm in trouble!"
····
At this moment, at the Helan Road Villa in Repulse Bay, Lin Haocang was carefully looking up the information of Innovation Bank.
It was founded in 1948 and listed in 1994. Its shares were selected as one of the constituent stocks of the Hengsheng 50 mid-cap index at that time, and now it has been selected as one of the constituent stocks of the Hang Seng Comprehensive Index series.
Currently, in addition to having a head office and forty-three local branches on Jiangdao, Innovation Bank also has three branches outside Jiangdao, located in Shanshi, Ao Island and Fencia, and two representative offices, located in Guangshi and Lushi.
Innovation Bank Co., Ltd. is mainly engaged in the provision of banking and financial services business. The company operates through four business branches. The enterprise and retail banking service business branch is engaged in the provision of lending, trade financing, automobile credit, consumer credit, time deposits, transactions and current savings account, credit card and personal wealth management services. The branch also provides fully automatic telephone banking and online banking services. The financial market business branch is engaged in interbank lending, unified interest rate risk and working capital management business. The securities trading branch is engaged in securities trading, stock brokerage and futures brokerage business. Other branches are engaged in investment holding, insurance, investment consultant and property investment business.
Currently, the market value of Innovation Bank is 15 billion and its asset size is about 100 billion.
Not bad, Lin Haocang plans to take it down!
At this time, the phone rang, it was a strange phone call. Lin Haocang immediately answered and asked, "Who?"
The person on the phone quickly said, "Hello, Mr. Lin, my name is Ma Zhaoxiang, I am the chairman of Innovation Bank. I heard from Mr. Li that you are interested in acquiring Innovation Bank..."
"Sorry, it's so late, I'm still here to bother you"
After hearing this, Lin Haocang laughed and said, "Mr. Ma, tell me your price!" He likes to come directly, and the price is suitable, so he buys it directly.
On the phone, Ma Zhaoxiang said firmly: "9 billion", his bid is higher than the market price, because Innovation Bank is his family bank, which has been working hard for many years and is considered an excellent small bank and a high-quality asset. However, under the squeeze of large banks, the market gradually shrinks, and it is very difficult for their family banks to develop, so they plan to sell the family banks to transform the family.
However, the bid price was 9 billion, which scared away many people.
Lin Haocang listened to this number, thought for a while, and said, "Yes, come to Cangqiong Capital Center tomorrow morning to find me!"
After a few simple conversations, the phone ended.
The next day, August 9, Monday, at 9 a.m., Lin Haocang came to the Cangqiong Capital Center, and Ma Zhaoxiang had been waiting for a long time. Looking at Lin Haocang, he said excitedly: "Mr. Lin, it's early."
I didn’t expect that the legendary financial genius was so young that it shocked him very much!
"Mr. Ma, it's early." Lin Haocang shook hands with him.
The two of them exchanged a few greetings, and then went straight to the main business and signed an equity agreement.
Cangqiong Capital invested 9 billion yuan to acquire 51% of Ma Zhaoxiang's shares in Innovation Bank.
This money was paid by the Finance Department of Cangqiong Capital!
After paying the money, the Finance Department still has 500 million yuan left.
After Ma Zhaoxiang received 9 billion yuan of funds, he was very excited and invested 1 billion yuan of funds to Cangkong Capital, becoming a customer of Cangkong Capital.
Chapter completed!