"The most revolutionary acquisition in Hong Kong's commercial history is about to take place!" -- "China Economic Journal"

Nowadays, with the collapse of "Oriental Daily", "Zhen Bao" quickly took over the position of "Oriental Daily" in Hong Kong and became the largest newspaper in Hong Kong.

However, there are specialties in the field. "True News" is the largest newspaper in Hong Kong, while "Xin Bao" is the most authoritative financial newspaper in Hong Kong.

"According to the news obtained by this newspaper, Qi Dezun, the chief executive of Hehe International, is in contact with John Madden, the chief executive of Wheelock. The discussion is about the possibility of Hehe International acquiring Wheelock, and the negotiations between the two parties have reached a substantive stage.

Hehe International was founded in 1860, and was renamed Hutchison & Co. in 1873. In the 1950s, Wheelock acquired 50% of the shares. In the mid-1960s, Qi Dezun acquired Hutchison & Co. through Wanguo Enterprises, which he controlled, and renamed it the following year.

International, since then Hehe International has entered a period of rapid expansion, and has successively acquired established British-owned groups such as Huangpu Shipyard, Watsons, Junyicang, Dehui Bao Yang, Taihe Yang, and Qichang Yang. Later, it became a company with business operations covering real estate.

, finance, insurance, hotels, shipping, warehouses, cotton and wool textiles, automobiles, wine, soda, medicine, import and export trade and other large consortiums.

Together with Jardine, Swire, and Wheelock, it is one of the four major foreign banks in Hong Kong.

However, due to its excessive expansion speed, it suffered losses and even fell into bankruptcy and liquidation last year. Fortunately, with the help of Xiangjiang Jiaku Consulting Company, it completed the business downsizing and sold off a series of listed companies. At the same time, the management

Carrying out reforms and a series of other major events.

According to last year's financial report and company announcements, Hehe International has downsized from a large consortium to a consortium focusing on real estate and finance, as well as some trades. Last year's recurring profits were HK$10.9 billion and non-recurring profits were HK$39.8 billion.

Obviously, Hehe International has passed its own dangerous period.

However, Hehe International, which has just passed the crisis period, has once again returned to its old ways under the leadership of Qi Dezun and embarked on the road of expansion. Whether this will be good or bad for the future development of Hehe International is still unknown.

But what is certain is that if Hehe International successfully acquires Wheelock, then Hehe International will become one of the four major consortiums in Xiangjiang, alongside the Jiaku Group, HSBC and Jardine Matheson.

Wheelock, founded in 1925, was officially renamed Wheelock Co., Ltd. in 1932. Its subsidiaries include listed companies Wheelock, Real Estate Trust, Commonwealth Real Estate, Havana Development Co., Ltd., Lane Crawford, China Department Store, and Wheelock Shipping.

It is a large, diversified and comprehensive enterprise group with enterprises such as Agricultural Services, United Enterprises, and Baofu Development.

It is also one of the four major foreign banks in Hong Kong."

The Hong Kong Economic Journal introduced the situation of the two companies in detail and stated that if Hehe International successfully acquires Wheelock, it will reach the scale of Jiaku Group, Jardine Matheson and HSBC.

In today's Hong Kong, there are four major foreign banks with British capital, and there are also three major financial groups in Hong Kong!

Chu Huan's Jiaku family, Keswick family's Yihe, and Xiangjiang's HSBC were known as the three major financial groups in Xiangjiang last year.

However, those were just private names. Now, the Hong Kong Economic Journal has officially named these three major consortiums.

In no particular order, the three major financial groups in Hong Kong!

And now the Hong Kong Economic Journal points out that if Hehe International can successfully acquire Wheelock, it will be one of the four major conglomerates in Hong Kong!

This shows how sensational this news is!

Hong Kong, Central, Chinese Walk!

In Chu Huan's office, Chu Huan, Xu Yi, and Qiao John were sitting together to discuss this matter.

"According to our analysis, it is very likely that John Madden of Wheelock was the one who revealed this matter. He wanted to take advantage of this situation and force Hehe International to raise the price of acquiring Wheelock."

Although Wheelock's current situation is not very good, it is undeniable that Wheelock, as one of the four major foreign banks in Hong Kong, has unlimited potential. The current situation is entirely caused by management chaos. If Wheelock can be obtained,

It can definitely make your company even more powerful.

Previously, the John Madden family did not announce their intention to sell Wheelock. Now that they have this idea, many people will definitely be concerned about it.

It is conceivable that once this news is released, it will immediately arouse the concern of many companies in Hong Kong.

Although HSBC cannot directly control non-financial companies due to Hong Kong's laws, it can temporarily obtain a controlling stake in Wheelock and then sell it to obedient businessmen.

Jardine will not give up this opportunity. If it can acquire Wheelock, Jardine will completely control all walks of life in Hong Kong.

Don't look at Chu Huan's Jiaku Department, which is now the company with the highest valuation in Xiangjiang. Because Chu Huan only has one listed company, Qingzhou Yingni, so for Chu Huan's Jiaku Department, everyone can only evaluate Chu Huan's Jiaku Department, not just as a listed company.

The same as a company, it gives the so-called market value.

But Chu Huan's Jiaku system is somewhat different from that of Yihe and HSBC in Xiangjiang.

In the eyes of outsiders, Chu Huan's Jiaku Group has four major industries, textiles and garments, animation, media, and real estate. Among them, only garments and real estate are related to people's livelihood. The other two, although their valuations are high, have nothing to do with it.

It has nothing to do with people's livelihood, which means that the valuation is high, but the impact on ordinary people's lives is not very high.

But Jardine Matheson and HSBC are different. The fields involved by these two companies can be said to be closely related to the people's livelihood in Xiangjiang, so their influence is naturally greater.

Acquiring Wheelock will allow them to expand their existing influence to the maximum.

Even if Jardine Matheson can acquire Wheelock, it may surpass HSBC in terms of size.

Therefore, as long as this news spreads, it will definitely have a strong influence in Hong Kong, and all well-known companies will participate.

Naturally, John Madden could use this to sell his shares in Wheelock at a higher price.

This chapter is not over, please click the next page to continue reading! "In addition to John Madden, I think Zhang Yuliang of Wheelock may also do this. After all, he is the person with the largest shareholding in Wheelock. If he sells his own

He will benefit even more from Wheelock’s stock.”

Xu Yi expressed his thoughts.

The sale of Wheelock is such a big matter. Even if the John Madden family and Zhang Yuliang are at odds, it is impossible for no information to be leaked. Therefore, according to Xu Yi's idea, Zhang Yuliang, a smart man, is very likely to have this aspect.

idea.

The person who can win Wheelock must be the top consortium in Hong Kong. As Wheelock's largest shareholder, Zhang Yuliang can't reach the current business status quo of non-interference between the two parties with the new Wheelock controller.

As you know, Zhang Yuliang is very likely to take advantage of this opportunity and sell his Wheelock shares at a high price to obtain sufficient cash.

After all, Zhang Yuliang in this time and space has already begun to plan the possibility of leaving Xiangjiang due to the appearance of Chu Huan.

"Besides these two people, is there anyone else who has this possibility?" Chu Huan sat there and asked.

John Qiao said, "The people responsible for cooperating with Qi Dezun in negotiating the acquisition of Wheelock are all from our Jiaku, and their loyalty is not a problem. It is impossible for these people to disclose this news, and Qi Dezun has no reason."

Since it’s not ours, it can only be John Madden or Zhang Yuliang!”

Chu Huan thought for a moment and agreed with Qiao John and Xu Yi's analysis.

"But now, it doesn't matter who leaked the news. What matters is that with the leak of the news, the price of Hehe International's acquisition of Wheelock will definitely increase."

Wu Shuhan told the key to this matter.

Chu Huan and the other three cast admiring glances at her, pointing straight to the core of the problem!

Facing these three admiring looks, Wu Shuhan showed an embarrassed expression.

"What's the situation at Qi Dezun's side now?" Chu Huan looked at Qiao John and asked.

John Qiao said, "As soon as the report came out, Qi Dezun contacted John Madden. Although John Madden did not directly specify that he wanted Hehe International to increase the acquisition price, he also expressed his hope to talk to multiple parties and look at other aspects.

Make an offer!”

"Sit down and raise the price!" Chu Huan concluded.

"That's right, Wheelock just wants to raise the price on the ground!" John Qiao agreed.

Chu Huan pondered for a moment and said to Xu Yi, "Contact John Madden of Wheelock in the name of the company and ask him about the possibility of acquiring Wheelock!"

The other three people in the office were stunned when they heard Chu Huan's request. They all knew the truth of the matter. Hehe International's acquisition of Wheelock was actually Chu Huan's request, and the actual owner of Hehe International was also Chu Huan.

Now Chu Huan actually wants to ask John Madden of Wheelock through Jiaku about the possibility of acquiring Wheelock. Isn't this raising the price for himself?

But this doubt only lasted for a moment, and soon they figured out Chu Huan's intention.

As one of the largest consortiums in Hong Kong, the Jiaku Department, and most of the projects run by Wheelock are lacking in the Jiaku Department, if Chu Huan’s Jiaku Department does not inquire from John Madden under such circumstances

, that is the biggest doubt!

After thinking about this, Xu Yi immediately said, "I understand!"

There is no need to have any doubts. The Wheelock acquisition was revealed by the Hong Kong Economic Journal and immediately became the most exciting news in Hong Kong.

Everyone has focused their attention on this.

In the morning of that day, the financial experts from Xiangjiang invited by TVB's financial channel once again pointed out that this would be an acquisition that would change the current business structure of Xiangjiang.

The entire business community in Xiangjiang is also paying attention to this matter.

Soon, news came out.

Chu Huan's AKU department has officially called Wheelock's John Madden to inquire about the possibility of acquiring Wheelock.

Bao Fuda, general manager of Jardine Matheson Land, personally went to Wheelock's headquarters, and if nothing unexpected happened, he would definitely inquire about the possibility of acquiring Wheelock.

During an interview at Swire & Co.'s headquarters, Swire & Co.'s chief executive, Swire York Schweizer, said Swire was very interested in Wheelock.

In addition, there are British-funded consortiums that are very well-known in Xiangjiang, including Yingzhijie, Xiangjiang's favorite trading company, as well as some Nanyang consortiums, and Chinese-funded consortiums have all expressed their opinions on this matter.

The idea expressed by everyone who commented was that they wanted to buy Wheelock.

What was even faster was that the Hong Kong government immediately announced the suspension of trading in Wheelock's shares, which must have involved the energy of HSBC and Jardine Matheson.

Otherwise, it would be impossible to achieve such efficiency in such a short period of time.

The Wheelock takeover battle became a hot topic in Hong Kong within one day!

The next day, major media and newspapers in Xiangjiang also made this incident their front page headlines.

‘A group of dragons seize the treasure!’--"True Report"

‘The world is once again in turmoil, and heroes gather together to gather in Defeng!’--"Ming Pao"

‘A big earthquake in Hong Kong’s business community!’--"Sing Tao Daily"
To be continued...