Rebirth of England

Chapter 434 We are friends

In the matter of acquiring OMX Group, they mainly need to deal with three aspects.

One is to convince the OMX Group's board of directors and management to accept the London Stock Exchange's acquisition plan.

The second is to compete with Deutsche Börse and Nasdaq Group, as well as other potential rivals.

In fact, the first two items are a comprehensive issue. After all, since OMX Group is willing to continue the negotiation, it means that they have the idea of ​​​​selling, otherwise they will not even give the London Stock Exchange the opportunity to negotiate.

In this case, all it takes is the London Stock Exchange to give a suitable price - as competitors, Deutsche Börse and Nasdaq Group will not say that they are raising prices unlimitedly. They also need permission from the board of directors. compete within the boundaries.

Just like when Deutsche Boerse initially acquired the London Stock Exchange, it was not successful because their own board of directors did not support the final bid.

So the last and most important issue is that the relevant review agencies in the UK and the EU have given permission for the acquisition of the London Stock Exchange.

This in itself is the expansion of the London Stock Exchange's securities market business in Northern Europe and the Baltic Sea. The relevant institutions in the UK will certainly not block it.

Mainly, you still need to obtain EU permission.

Under this kind of antitrust review, the stock trading industry engaged in by OMX Group and the London Stock Exchange is different from other products.

Therefore, the London Stock Exchange focused on explaining to relevant EU institutions that, first, after acquiring OMX Group, it will not affect the technical services provided by the other party to other exchanges.

Another is that after the merger, their market share in Europe will not occupy a monopoly position. Even in Northern Europe, there are indeed other exchanges, not to mention local companies. In Germany, France and even The proportion of companies listed on U.S. exchanges is also high.

After all, Britain is also a member of the EU at this time, and the scrutiny it faces in the EU is far more stringent than the scrutiny of countries outside the EU that acquire EU companies.

October 18th is Barron’s 26th birthday.

This was also his first birthday after marriage. The difference from before was that because Bonnie was already pregnant, he did not celebrate his birthday in a big way, but mainly spent it in a low-key manner at home with Bonnie.

Entering October, the climate in London has also become colder.

Originally, Barron proposed to go to a place with a better climate, such as the Mediterranean coast or California, so that he could go out more and help Bonnie raise her baby.

Even in HK, the climate there is very good, and speaking of it, Bonnie also lived in HK for a few months when she was a child - her father worked in HK for several years before returning to England.

However, because she was worried about Stuart Media, she still chose to stay in London.

It is worth mentioning that their new show "Britain's Got Talent" has already aired its first episode on ITV, and the response has been very good.

Barron has also watched it. Although he did not watch the first episode of Britain's Got Talent in his previous life, he has watched subsequent seasons of the show intermittently, and has also watched "Talent Show" in China and the United States.

His evaluation is that although the "Britain's Got Talent" broadcast this time is not the most exciting one, as a new and newly launched variety show, the effect is still satisfactory.

Bonnie's plan is that after the first season of "Britain's Got Talent" is completed, there won't be too much work in the company this year, so she can leave London with peace of mind.

After his birthday, Barron met in London John Smith, the husband of Jenny Boot and the youngest son of the founder of the Sinclair family.

"I need your help, Barron."

John Smith looked at Barron and said to him:

"Of course, this is also a matter of interest to you."

"Please, John, we can be honest."

Although he doesn’t pay too much attention to the Sinclair family, Barron has also heard about their recent affairs:

"In addition, I am... very sad about your father's situation. I hope he will get better as soon as possible."

"Thank you, what I said is relevant."

John Smith paused and said:

"You now own more than 10% of our Sinclair Group, don't you?"

"Yes, to be exact, it's a 12.5% ​​shareholding ratio."

At the beginning, SEM Group had a strategic cooperation with Sinclair Group. By investing in SEM Group, Sinclair Group obtained 10% of its shares - this investment also brought them huge profits.

At the same time, DS Capital also obtained 9% of the additional shares issued by Sinclair Group through its investment.

After that, DS Capital also continued to purchase a part of Sinclair Group's shares in the secondary market, and its current shareholding ratio is about 12.5%.

Although the future market value growth of Sinclair Group will definitely be far inferior to that of SEM Group, as the second largest television broadcasting company in the United States, it owns a certain proportion of shares in Sinclair Group. In many respects, It's still very useful for Barron.

Just like in the previous process of United Energy Group's acquisition of Unocal, Sinclair Group's public opinion reports also played a role in their acquisition.

"So you currently have a seat on the Sinclair Group's board of directors, is that right? Represented by Mr. Amber Sheehan."

"Yeah, John, it looks like you're in trouble, you might as well just say it, we're friends."

Barron spread his hands and said directly.

"We need your support to remove David from all positions..."

After hearing these words from John Smith, Barron's eyes narrowed slightly:

"You mean..."

"Yes, we are ready to resist him, my big brother!"

The David mentioned by John Smith is David Smith. He is the eldest son of the Sinclair family and the CEO of the Sinclair Group.

"This is not an easy thing, John. Although I don't know what happened, David, who has been CEO for more than ten years, is probably not that easy to deal with..."

Barron sighed and said:

"And if there is no more convincing reason, even if I support you, it is not an advantage. By the way, what do you mean by 'we'?"

"Now that I have raised this matter, Barron, it is not without purpose. At present, I have gained the support of some family members. In addition, some board members have also come to my side..."

John Smith's expression was quite calm, and he said to Barron sincerely:

"I just hope to stop David's radical approach in order to save the Sinclair Group."

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