In the evening of that day, Li Guangyu, Zheng Yutong, Sumitomo Qiying, Iwasaki Toshihide, Mitsui Nagao, Li Jianxi, Jin Yuzhong, and Spencer had their first discussion at the Regal Hotel Group.
This is also the first time that all shareholders have sat together like this after the establishment of Yingya Investment Company. These people have strong influence in Asia and even the world. Only when facing the American consortium can these forces come together.
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New Asia Investment Company is still very rich in funds. It does not yet need the support of major banks in terms of funds. It only needs the authorization of these shareholders for negotiations.
After all, the market value of each company is tens of billions of dollars. It is impossible to achieve acquisitions without the authorization of shareholders. Each price increase may be several hundred million, and Yingya Investment Company must obtain their consent.
Li Guangyu's first target was the electric power and water supply companies. After acquiring these two companies, he would consider acquiring other companies.
There is no need to worry about bankruptcy when acquiring these companies, but the same may not be true for other companies. Li Guangyu hopes to control a group of companies with stable profits, so that the development of the Li Group will be stable.
At this meeting, the Japanese consortium advocated focusing on the British National Petroleum Company and the British Rolls-Royce. In addition to these two companies, the Korean consortium also hoped to acquire the British Steel Company.
Although the Japanese consortium and the Korean consortium know that investing in electricity and tap water has low risks and long-lasting profits, they prefer to solve their domestic energy and technology problems. Oil is a material of great strategic significance.
The oil crisis in the late 1970s and early 1980s seriously threatened the development of Japan's economy. Over the years, various Japanese consortiums and governments have been hoping to take the initiative in this regard. Now the British National Oil Company is willing to sell, and with their
Given the opportunity to invest in shares, they naturally do not want to miss this opportunity.
If given the opportunity to control oil resources, Li Guangyu would naturally be willing to do so, but this time several major American consortiums, especially the two top consortiums Morgan and Rockefeller, came for this company, and it was extremely difficult for them to take over this company.
Li Guangyu said: "I can immediately understand everyone's ideas, but compared with power companies and water companies, acquisitions of oil companies, Rolls-Royce, steel companies, etc. are much more difficult. The main US consortiums
Just focus on this, I mean to eat the electricity and water companies first, and then concentrate on acquiring the British National Oil Company."
The people present understand what Li Guangyu means. The American consortium of electric power and water companies does not care too much. It is easier for them to win. However, the oil company is very attractive to both parties. When the time comes, they will compete on this with all their strength and eat as much as possible.
Join this group.
As for the steel companies, the Japanese consortium doesn't care. Their technology in this regard is no lower than that of the British.
The stuff inside Rolls-Royce is pretty good, but compared to oil companies, its importance has dropped significantly.
Iwasaki Toshihide said: "Mr. Li, I know that your main purpose of going to England this time is to purchase electricity, tap water, natural gas companies, and oil companies. If you can, it doesn't matter.
As for aerospace companies, British European Airlines, and Rolls-Royce are not in your plan at all. These companies are a bit useless to you.
If it weren’t for the American consortium trying to attack you in the three companies you planned, there probably wouldn’t be any cooperation from us this time.”
Everyone here knows that Li Guangyu's main targets are the three companies of electricity, natural gas and tap water. When he first cooperated with the British aristocrats, he planned to acquire these three companies.
It was only because several American consortiums were also negotiating to acquire these companies that Li Guangyu contacted them.
Li Guangyu now advocates the acquisition of the remaining power and water companies, obviously hoping to complete his original plan. As for the subsequent competition with the American consortium, he will snap up the best ones and he will not care if the acquisition fails.
For aerospace and aircraft engine technologies, Li Guangyu is located in Xiangjiang, so he has no use at all. As for Rolls-Royce cars that overlap with his Bentley and Jaguar, he has no role.
It's just an automobile group. Jaguar engines are enough to meet the needs of various models of the Bentley Group. Rolls-Royce's engines don't have much effect on it.
Li Guangyu said: "Mr. Iwasaki, that was indeed my original plan, but my current proposal has little to do with my previous plan. Let's eat what is easy to get first, so that we can concentrate all our energy on competing with the American consortium.
, shouldn’t this be normal operation?
If I hadn't hoped to snipe the American consortium out of the British market this time, I wouldn't have gone to great lengths to contact everyone. I believe I made it clear that I would only take over the three companies of electricity, natural gas and tap water. For the sake of their own plans, the American consortium is
You won’t compete fiercely with me.”
Only now did Earl Spencer realize that there was also unrest in this alliance. If it weren't for the existence of the American consortium, these forces would have started to fight each other.
The major financial groups are located in different places and have different interests. Spencer feels that such cooperation may not last too long.
Although he has been in England for a long time, he knows the history of East Asia very well, especially the history of these three countries. It is difficult to sort out the grievances between them.
They can still sit together now because they have a common enemy. Once this enemy is gone, they will probably fight against each other and completely suppress each other.
In fact, Spencer also hopes to acquire electric power and water supply companies. These aristocrats acquire companies with little risk and stable profits, leaving a good industry for their descendants. Even if the descendants are not capable, they can rely on these shares to be rich for a lifetime.
As for aerospace, aircraft engines, and other companies with large investments and high risks, they are not their first choice.
For this reason, he said: "I agree with Mr. Li's proposition. Compared with other companies, electricity and water companies are relatively easy. We now need to cut the knot quickly and acquire these two companies as soon as possible, and then consider others. This is good for us.
The most advantageous option.”
The current situation is very strange. With the support of Spencer, Li Guangyu has half of the equity support, and the Japanese consortium and the Korean consortium add up to the same half.
Sumitomo Qiying, who has always had a very good relationship with the Lee Foundation, said: "Everyone knows what everyone is thinking. Since we are cooperating now, we should consider it appropriately from the other party's perspective.
Now that the American consortium is focusing on those major companies, it is almost impossible for us to win them in a short time. In this case, we might as well take over the power companies and water companies first, so that we can have more energy to fight with the United States.
Consortiums compete with other companies."
With the Sumitomo Foundation taking a stand and the Mitsui family agreeing with Sumitomo Kirei's statement, all parties finally agreed to complete the acquisition of the power and water company as soon as possible.
After the meeting, Li Guangyu met with Sumitomo Qiying alone and expressed his gratitude for his support at the meeting.