As a banker, David Rothschild is very knowledgeable about the operating model of consortiums and can understand it as soon as he hears it.
On the other hand, Pinault is focused on the fashion industry. Kering Group has strong strength and ranks second in market value in France. It can be called a consortium. However, they are not a traditional consortium, but a large enterprise model, that is, the parent company controls everything.
"Mr. Jing, the Rothschild family is willing to become the core family of the Sixth Bank of France." After David Rothschild pondered for a moment, he made a decisive statement and made it clear, "Obviously, our family will
We will be the largest shareholder of this bank, and we will be responsible for dealing with various reviews and smoothing relations. But privately, the control is still in your hands, Mr. Jing."
The Rothschild family missed the rise of the United States in the early years and has long since declined. It is currently shrinking in France, with its financial business limited to Paris and London. The influence of the family's core enterprise "Rothschild Group" is relatively limited.
Their main business is to provide financial consulting: that is, providing financial consulting during corporate debt restructuring, mergers and acquisitions, investment and financing, and listing.
This is a very mature business in Europe and the United States, but it is relatively rare in China. In layman's terms, they serve as a third party, a professional financial institution, standing on the side of the enterprise, rather than on the "independent financial side" of underwriters or other capital parties.
consultant".
Because of its low-key and pragmatic style, Rothschild Group's "independent financial advisory" business is well-known in the industry, and its clients are all important.
In 2010, Geely's acquisition of Volvo attracted worldwide attention. Rothschild Group was Geely's exclusive financial advisor.
When Alibaba Group was listed in the United States in 2014, they also served as Alibaba's exclusive financial advisor.
In 2015, ChemChina made a comprehensive tender offer of 8.8 billion euros for the world's top Pirelli Tires. They were also the exclusive financial advisor to ChemChina in this acquisition.
But a series of prominent names and huge transactions are of no use. Roche's role in it is not decisive. They just make the money they should make in the professional field.
As a Jew, when faced with a moment when he could expand his business, he was willing to take a gamble. Even if the bet failed, it didn't matter. Roche just spent a little energy, some funds and a few years.
Jinggao nodded and made his words clear, saying: "The Sixth Bank of France will be listed in Paris in the future, so our share capital will be extremely huge and our equity will be extremely dispersed.
But the equity we own will reach 70%, which is enough to influence any decision-making of the bank. The bank's articles of association should state that after the voting shares reach two-thirds, any articles of association can be modified.
This is for future patching. For the first version of the Articles of Association, we still follow the general standards of the French banking industry. I believe that Mr. Rothschild has rich experience to prevent our interests from being damaged after the listing.
I allow Roche to eventually own 9% of the shares after the listing, and the board seats will be hereditary."
Sitting behind Jing Gao, Ouyang Wan, who acted as a "tool man" tonight and was wearing an elegant black dress, heard the word "hereditary replacement" and felt a little inexplicable. Isn't this the emperor's promise?
Jing Gao and other Ouyang Wan finished the translation and asked: "Mr. Pino, your 5% equity will eventually be diluted. You can gain benefits in the development process of the bank. So, how much equity do you want to keep in the end?"
Jing Gao didn't trust Pinault Jr. from the bottom of his heart. Pinault Jr. was greedy and unjust for profit. This person could sell Arnault for profit, and he could not notify him on the night of the shooting because of profit. This shows his nature.
However, the two parties are still partners at present, and Jinggao does not want to break up with each other yet. But he is just asking as a pretense, and does not really allow Pinault to decide how much equity he retains in the Sixth Bank of France.
Because, after David Rothschild agreed to cooperate with him on the spot, Pinault's role has been reduced!
Since the Kering Group he controls is the second largest group in France, Igao cannot say that his role is insignificant. He still needs to borrow his connections in politics and business.
Although little Pino doesn't quite understand how the Japanese consortium works, he has been in the business world for many years, and he understands it when he sees Igao's promising attitude!
According to his understanding, King Idaka appointed Luo Shi as the "Prime Minister", which is also the "Hand of the King" in the popular American TV series. Next, the king will enfeoff the nobles and build a system.
The king will first create a duke! The duke can have his own vassals, such as enfeoffing an earl. Even the lowest-ranking baron can create a knight, allowing commoners to join the aristocracy. This is probably the type of gameplay.
It’s just that Charlemagne, the Frankish Kingdom who once unified Western Europe, gave land to his sons. The difference is that Jinggao gave the equity of the bank!
Charlemagne's enfeoffment was due to the early deaths of his eldest and second sons, and his youngest son Louis the Pious eventually inherited his empire. Among Charlemagne's grandchildren, the empire was divided into three. The general territory is today's France, Germany,
Italy.
If someone else took a bank that had not even been established on paper and did this to pay homage to history, little Pinault would sneer in his heart that this person is mentally ill! Who do you think you are? Are you still kidding?
Noble enfeoffment!
Do you think you are the king of Western Europe?
However, Igao is famous in Europe and has the power of victory. He is really optimistic about the prospects of the Sixth Bank of France! This scene in front of him will definitely become a classic in history!
However, this scene will not be written into textbooks, but will be an anecdote spread by word of mouth in some top circles in the future!
Little Pino sat up slightly to show his solemn attitude and said: "Mr. Jing, I am very optimistic about the prospects of the Sixth Bank of France and I hope to stay."
Jing Gao was confident and said: "Then keep 1% of the equity. The board of directors seats are hereditary and non-replaceable.
My final shareholding in Banque de France will not exceed 2%. I personally expect that Banque de France will eventually have 13 directors. Your board seats will be appointed by you.
I will appoint a confidant to manage my interests in the bank on my behalf. We shareholders will meet regularly to exercise our powers and ensure our interests in the bank.
The name of this association is ‘Augustus’. The confidant designated by me has the right to initiate the gathering. As for the location, it will generally be placed at my manor on the outskirts of Paris. Other places will be notified separately.”
Idaka was not interested. He flew to France every year to attend the conference and sent a representative to take care of it. "Augustus" is a famous term in the history of the Roman Empire. First, Augustus-Octavian.
Octavian was the heir to Caesar and the first emperor of the Roman Empire!
Secondly, after the division of the Roman Empire, Augustus was the honorific title given to the emperor. Jing Gao gave this name to the association that he organized after a period of time. To say that it was very ambitious, it is not necessarily true. It is a bit naughty to say the least.
Arthur Lagardère helped Jing Gao buy a large piece of land in the eastern suburbs of Paris, next to the manors of Chinese businessmen. Jing Gao told Arthur Lagardère that he planned to build a farm. The manor was economical!
But in fact, what he wanted to do was to build a luxurious villa, just like Pino Manor and Tang Family Manor. It would be more comfortable to live in. Anyway, in France, luxury villas are being built on a large scale, and even the palace does not pose any risk.
Damn capitalism! Hey.
At present, Jing's manor has not been built yet, he has only purchased the land, and he has already reserved some buildings for use.
Little Pino nodded, picked up the teacup, and said with a smile: "Mr. Jing, I respect you!"
He is quite satisfied. He should be entrusted with a "count". The equity is only 1%, which is slightly less, but he has one of the 13 board seats permanently, which is a lot of power.
Because the equity vote is decisive. But the board of directors' vote is also very important. Not all things have to go to the level of the shareholders' meeting. Some matters are handled by the board of directors.
At this point, Jing Gao, David Rothschild, and Pinault Jr., with the help of translators, simply talked about the organizational structure details of the "Sixth Bank of France" and how it developed step by step into a bank like Deutsche Bank.
banking group!
The three of them chatted until about 11 o'clock in the night before leaving in their cars.
The matter of the Sixth Bank of France has been finalized in this way, and all that is left is execution.
"Xiao Jing, who do you plan to let be your agent?" The next morning, Guo Siyue called from Hong Kong Island and chatted with Jing Gao about his trip. Jing Gao casually mentioned the bank. She then
He asked with a smile.
According to common sense, Igao should have chartered a flight back to China today. Things are already going on in Paris. There are still some clowns to deal with when he gets back.
Jing Gao said with a smile: "It's difficult for Dong Lingxi to manage Zhaoshi Group. I still need to continue learning. Siyue, how about you come? With your ability, you are completely qualified."
Guo Siyue giggled and said proudly: "Xiaojing, I'm definitely qualified. But I'm not interested in being your subordinate! I want to keep a distance from you at work, so as to prevent us from having a disagreement and quarreling.
The feelings were noisy.
Xiaojing, isn't Lily in Paris? You ask her to take charge of you. She has worked at Goldman Sachs for many years and is familiar with the business model of investment banks. She also independently took charge of the LP Investment Group and accumulated independent experience.
If you let Bank of East Asia focus on Hong Kong Island and Nanyang's business, it will actually overlap with the business of LP Investment Group. You can put East Asia Group into LP Investment Group..."
Jing Gao laughed, "Siyue, your idea is quite right. But then I can't let Lingyu come to France! I entrust her with a heavy responsibility, and as the legitimate daughter of the Guo family, she should be in Hong Kong
Traveling between Taiwan and Singapore.”
Guo Siyue smiled at Yan Yan's suggestion and said, "Xiaojing, then I'm afraid the qualified person under your command is Lord Wei Chen."
Jing Gao smiled and said: "Chenjun's position is too critical, I will not touch her position." Chenxi Bank is the channel for his funds to enter and exit from the unlimited card, and there is absolutely no room for error.
Guo Siyue smiled warmly, with the luxurious and elegant style of a beautiful woman, "I won't treat you as a tease anymore. Hurry up and tell me who you have already decided on."
Jing Gao laughed and said: "I am going to let Wu Jingshu from Jiuge Capital go first. She happens to understand French. We will look for a suitable candidate later."
Jing Gao was chatting with Guo Siyue when Chen Qingshuang came in. After Jing Gao hung up the phone, he said: "Brother Jing, the embassy is going to hold a donation ceremony and thank you reception for you. The preparations have been completed. It will be held in Tangjia Manor the day after tomorrow.