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Chapter 0818 This is what can impress Gao Xian

The reason why we can discuss it is naturally because there is enough motivation to move Gao Xian to get what he needs.

In the field of investment banking, except when there is a special need to compete for political resources, Morgan Grenfell's performance is really not as good as Gao Xian's Gao Yi.

Of course, Morgan Grenfell also has its aspects that cannot be ignored. After all, there are also three thousand nails in the shipwreck. As a small branch of the Morgan consortium, it still has some background, but it is still not enough to fully mobilize Sir Gao to pay attention to the so-called two parties.

The interest in strategic cooperation is different when it comes to Deutsche Bank.

With the golden finger of information asymmetry and the industry intelligence collected over the years, what does Deutsche Bank want to do, or more accurately, what changes does Alfred Herrhausen want to bring to Deutsche Bank?

Xian Wen knew clearly in his heart that Deutsche Bank must become a large investment bank in a crowded investment banking circle as quickly as possible, and this process absolutely requires the skill of leveraging.

Due to the need for checks and balances after Germany's defeat in World War II and its occupation by four countries, Deutsche Bank went through the process of being first split up and then reintegrated. Although it has developed very powerfully, during this period, it was still mainly in the traditional banking circle.

Going round and round.

As the manifestation of the Concern, the latest version of the capitalist monopoly form, it is well known to everyone that it is the same as South Korea's chaebol reputation. There is also a Concern form of monopoly phenomenon in West Germany, and it is also indispensable to summarize it with a meaningful term, called Deutschland AG

.

Deutschland is the German writing form of Germany, and AG means joint-stock company in German. Like the famous Daimler-Benz AG, it is Daimler-Benz AG.

So, as the name suggests, Germany's Concern monopoly is called Deutsche AG.

More specifically, West German financial institutions such as banking giant Deutsche Bank and insurance giant Allianz control a large number of industrial assets. Take Deutsche Bank, for a long time, it was Daimler Benz.

Chairman of the supervisory board of a joint-stock company.

On a personal level, in the era of "German AG", Alfred Herrhausen is one of the representatives, and his public popularity is like that of those big guys in the future Internet era.

In addition to Alfred Hellhausen, Rudolf von Bennigsen-Ford, Klaus Lisson, etc. from the energy giant E.ON Group also represent "Germany"

The glorious figures of the "joint-stock company" era, but they are probably the last generation.

Whether it was the pressure from the American Empire to both support the Cold War frontier bases and to defeat the Germans, or the vigilance of neighbors who had good hopes for European integration, "German AG" is certainly not a 100% complimentary term, and West Germany

The political arena itself is also promulgating some anti-monopoly laws to restrict the increasingly powerful Concern bosses. The hidden dangers here are self-evident.

In addition, in terms of business development needs themselves, West Germany is known as the European economic engine, and the need for capital expansion is becoming more and more urgent. This also prompted Alfred Herrhausen to want Deutsche Bank to make large-scale investments.

Enter the investment banking field.

In addition, Alfred Herrhausen had unique insights into investing in third world countries and developing countries. Just like in the "Old Playbook", a few years later he proposed a very sensational tax exemption for developing countries.

If the debt is gone, where will the sheep be sheared? Immediately, one stone caused thousands of waves.

In addition to its outstanding performance in the field of investment banking, Gaoyi is headquartered in Xiangjiang, which is also a recognized international financial center in the vibrant Asian market. However, although Deutsche Bank has obtained a banking license in Xiangjiang, there is nothing worthwhile in Xiangjiang.

Mentionable achievements.

Sir Gao, who knew what Deutsche Bank and Alfred Herrhausen wanted to gain from him, was also very interested in the benefits that the other party might provide.

"I heard that after the German General Electric Company filed for bankruptcy protection, the asset reorganization did not go smoothly, and it then intended to sell the consumer electronics department. I wonder if Gaoyi has the possibility of facilitating the acquisition for Huanyu Electronics." Sir Gao did not hide his desire at all.

Testing the sincerity of Deutsche Bank and Alfred Herrhausen.

Although West Germany's industry is so powerful, there are still places where it makes mistakes. Germany's General Electric Company, a giant in the electrical industry, is a ready example. Because of its chaotic management and failure in nuclear energy projects, it fell deeper and deeper into the quagmire. Last time

The payment of dividends to investors was still far away in 1972; in 1979, it set a record loss of 968 million German marks, the highest in history.

The consumer electronics department of General Electric Company of Germany that Gao Xian mentioned is roughly equivalent to the home appliance company Telefunken it acquired. At this stage, General Electric Company of Germany is under bankruptcy protection, so it is natural to sell off some assets that are relatively not "core"

.

Alfred Herrhausen couldn't help but admire Sir Gao's steady and ruthless attack, but he was also a little embarrassed because France's Thomson Brandt Group, Germany's partner in the European integration plan, was also interested in acquiring it.

How about I help fight for the right to use the German General Electric Company's home appliance brand?

It’s so serious, so little sincerity? Besides, it may not be a good choice for Germany’s General Electric Company to sell its consumer electronics division to the Thomson Brandt Group. You know, France happens to be cooperating with the country that vigorously promotes the privatization of state-owned enterprises.

On the contrary, the UK implemented nationalization, and the Thomson Brandt Group is a product of this, and it is still losing money.

Alfred Herrhausen is quite charming. He is a speaker in terms of "speaking" and an excellent listener in terms of "listening". He finally said, In this way, I bring

Sir Gao went to visit a friend to see if there was any opportunity to facilitate an acquisition.

Gao Xian readily agreed. Alfred Herrhausen's circle of friends was definitely not an ordinary person.

As expected, this person is not a simple person. He is Edsard Reuter, a member of the supervisory board of Daimler-Benz AG. Like Alfred Herrhausen, he is a representative figure of the "German AG" era.

Not long ago, a big event happened at Daimler-Benz AG. Its CEO, Gerhard Prinz, died of a heart attack at the age of only 54; Werner, who was in charge of product research and development,

Breitschweit took over as CEO of Daimler-Benz AG with some sense of succession, but the company's political struggle also followed, and Edsard Reuter was the challenge

Mercedes-Benz CEO Werner Nieffe is another challenger.

After meeting Edsard Reuter, Gao Xian secretly thought. In the "old script", after this person took the throne as CEO of Daimler-Benz AG, he pursued the strategy of "Integrated Technology Group".

A series of acquisitions created a Daimler aerospace company, and Germany's General Electric Company was one of the prey.

Alfred Herrhausen's trip to find someone was naturally not in vain. Edsard Reuter said happily, I will contact Heinz Dill, CEO of the German General Electric Company.

During this period, Daimler-Benz AG was very arrogant, and with its abundant capital, it was the father of the German General Electric Company that filed for bankruptcy protection. Heinz Diehl gave the answer immediately.

It is difficult to make a conclusion at once on whether to sell Telefunken to the company in Xiangjiang, but now there is a latest situation. The German General Electric Company has decided to reduce its holdings of one-third of Telefunken shares.

You can pocket it by paying a cash payment of 180 million German marks immediately.

Alfred Hellhausen and Edsard Reuter looked at Gao Xian, and their meaning was very clear. Sir Gao, how to decide whether to rely on intelligence superiority to grab a little bit first, or to slowly and slowly figure it out?

It's up to you.
Chapter completed!
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