Reborn Dubai As A Prince

Chapter 216 Predicament And Solution 【1/5】

Later, he went to find Suleiman, a major general in the army, who was related to relatives, and heard that Dubai intended to build up its own armed forces. Suleiman was very straightforward.

"I can help you dig some officers from here." Suleiman said, as a member of the Dubai royal family, it is inevitable that he is a little selfish towards his own people.

Sheikh didn't have many requests: "It's mainly soldiers, elite. Pick some representative ones, or you can come in person if you're interested."

"Me? Think about it again." Suleiman smiled.

"Okay, I'll treat you to a meal later."

The establishment of the guard is easy, in the name of the chief, let Suleiman do it for him. As for the three-minute hot prince, he disappeared soon... No wonder he, the current financial situation is complicated, and he has a lot to worry about.

In the first half of 2009, major industries in the United States and Europe suffered heavy setbacks, and any company related to the financial field inevitably suffered a sharp drop in stock prices.

Even unrelated companies have been affected by the market downturn. The most typical example is the automobile group. The Big Three in the United States are now shouting for bankruptcy, and the crisis is particularly serious.

And the United States is also quite unhappy with the people or groups that made a lot of money in the crisis. They can't find the grounds for conviction, but troubles are inevitable. Dubai Holdings has become a list that is patronized by quite a lot of people.

He is very disgusted with the American government's making things difficult, but whoever makes himself an outsider, the fairness of the United States will always have double standards, and it is indispensable to do something to avoid disasters.

There is only one thing that makes him feel that he needs to take precautions-Dubai Holdings wants to annex PNC-Group.

The full name of PNC is "Pittsburgh Financial Services Group". Compared with the famous Citigroup and Morgan, foreigners should rarely have heard of PNC, but it is currently the tenth largest financial and banking service group in the United States.

It has more than 20,000 employees, more than 5 million customers and SME customers, more than 2,500 branches in 50 states of the United States, and 57 broker offices. By the end of 2007, it managed assets of 139 billion US dollars.

PNC is also very young. It was established through mergers and acquisitions in 1982, but it made good use of mergers and acquisitions to expand itself through acquisitions and mergers until it encountered a financial crisis, a shortage of funds, and a sharp drop in stock prices.

This M&A speculator is now being targeted by the rich and powerful Dubai Holdings—the so-called yin wife, ahem, who often walks by the river without wet shoes, M&A has made it, and it has also made others cheaper.

Commercial Finance Group has currently submitted a $20 billion acquisition plan, which is equivalent to a 30% premium to its current market value. Once the merger is successful, the group will hold 70% of PNC's shares.

It is said that the commercial financial group was originally operated by Sheikh as an empty shell. The plan was to close the business after making money from the crisis. Unexpectedly, the company's president, Foss, found a way to make it grow.

Through mergers and acquisitions of banks, it is no longer limited to financial and speculative fields, but has expanded to comprehensive banking services all over the United States. Amazing past life memories told him that PNC is not weak in the future.

The business locations are all over the east and west of the United States, and the total number of branches has ranked fourth in the United States. After the merger of the two parties, it is definitely a strong alliance.

Dubai Holdings, which dominates all of this, has an overview of its assets and structures, from industrial investment to the Internet, to finance, banks... It will manage assets of up to 800 billion U.S. dollars, and it will easily break through trillions in the future .

The assets are not too strong, but the internal organs are already complete. Thinking about it deeply, isn't this the usual form of alliance of American consortiums?

A monopoly group formed by the combination of various huge enterprises and the unlimited capital flow provided by large banks, which is customarily called a consortium.

Unexpectedly, his investment industry alone could be united to such a scale.

There is definitely a sense of accomplishment.

"However, in the process of merging PNC, we encountered obstacles from some forces in the United States." David Anderson, who lives in the United States, contacted him by video call.

"Is it because we are too ugly in the financial crisis?" Xie He can guess to a certain extent, his actions, whether overt or covert, are simply stealing money in a crisis!

It is said that the big tree attracts the wind, the outsiders are too high-profile, and their own goals are too obvious. It feels like a child running around the street with a gold bar, showing off in front of adults.

Would the capitalists in the United States be happy to see this "child" show off his power in front of them because of his speculation?

The current situation told him no, and Sheikh wanted to ask: "What attitude do they have? Increase funds? Or give up the debt? How much quotation can we accept?"

Anderson pushed his glasses: "The key to the merger and acquisition of banks lies in the attitude of the government, and bankers influence the government behind the scenes, so you need to come forward in person and have a clear attitude."

...asking for flowers......

"I will arrange the schedule to go to the United States in the near future." He is making troubles on American territory, and it is expected that he will be targeted.

Anderson is not afraid of his opponents: "They can't snatch what belongs to us. But after all, we will continue to operate in the future, and we can't fight blindly.

This is for sure, and Lengtouqing can't do business: "The group's affairs are more complicated... Let's do this first. Next week, let the senior management of Dubai Holding Global gather with me, and there will be an important meeting."

"I will inform the rest of my colleagues and attend on time." Anderson understood.

 …

The president of Asia was the first to arrive.

Wang Lisha is his right-hand man, and she is even higher than other subordinates in terms of intimacy and trust. Besides, she has always been very smart and has many tricks, which has helped him a lot.

After the prince explained the current situation, Lisa analyzed: "Every step the army takes will go deep into the American economy and various industries. Don't forget that our investment funds have strong regional traces."

The prince cooperated with her analysis: "You want to say that Dubai Holding is the capital of the Middle East?"

She nodded: "When the operation and funds are large enough, it is difficult to hide the origin. Any senior CPA can analyze the flaws, so the families touted in some 'financial novels' are all random. "

"Who Rothschild ruled the world economy?" Speaking of this layman's economic conspiracy theory, as long as you study business for a few more years and study finance and taxation more deeply, you will know it is nonsense.

"Isn't that?" Lisa Wang smiled.

She also said: "Back to the point of our conversation, when people know it is called "Dubai Holdings", it gives people too strong a sense of place. Capital from the Middle East is rampant in the United States? Do you think the Americans will be happy?"

Dubai, to be honest, is too limited. Sheikh thought for a while: "We should change the name. We should also adjust the business structure and improve the overall unity."

Wang Lisha agrees very much: "This is inevitable. Create a new brand image, optimize the group's operating efficiency, concentrate on core business, and remove unnecessary things!"

"You're right." Of course, Xie He didn't just change his name. He wanted to reorganize a lot of companies and assets, and upgrade them in an all-round way. .

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