v3 Chapter 887: 2 Yihe Oil (1/2)
After listening to Song Yang read the first thing, everyone fell into deep thought, thinking about how to start.
Salomon Brothers is not listed, so many commonly used acquisition methods are not used at all, and acquisitions will be more difficult.
But for this matter, they all support it from the bottom of their hearts.
Although Philip Brothers has been severely damaged, it is still the top company on Wall Street.
All the employees of the company are still there, with the support of the Galaxy Fund. Although the strength of Philip Brothers has been weakened, it is still the leader in the futures market, although the leader's halo has faded a lot.
Salomon Brothers, formerly a leading financial company on Wall Street, has suffered severe damage, but the framework for growth is still there.
If Philip Brothers can fully acquire Salomon Brothers, under the two combined, although it cannot be squeezed into the top five investment banks, it can definitely be squeezed into the top ten investment banks on Wall Street.
If the Galaxy Fund owns a company in the top ten investment bank camps on Wall Street, it will play an extremely powerful role in boosting the development of the Galaxy Fund.
Galaxy Fund has no shortage of funds. Relying on the contacts and resources accumulated by the two companies over the past six to seventy years, the constraints of development can be easily released.
The benefits are obvious!
Just how to acquire wholly-owned companies has become a problem.
Xia Yu smiled slightly, his eyes swept across everyone's faces, and said faintly: ”Who is willing to volunteer for this matter?”
Everyone looked at each other, and finally Xue He gritted his teeth and stood up and said loudly, ”Boss, I am willing to give it a try!”
Xia Yu said with interest: ”What are you going to do?”
Xue He took a deep breath and sorted out his thoughts, then slowly said: ”Solomon Brothers is a partner company, and its major shareholders are Jewish. According to the current price fluctuations of high-grade copper futures and aluminum futures, a quick fight must be made. The longer it drags on, the greedy Jews will open their mouths even if they are willing to sell shares.”
”It's just that we have left the advanced copper futures and aluminum futures markets. We are very weak in interfering with the prices of these two futures. We can no longer force Salomon Brothers to bow from the futures market.”
”Therefore, my plan is to spend money to buy time, and at the same time to find Goldman Sachs to take advantage of Goldman Sachs' influence among the Jewish people to help us complete the merger.
”We can sign a gambling agreement with Goldman Sachs to set a starting purchase price within one month. The shorter the acquisition time, the more equity acquired and the higher the commission ratio. If a certain task cannot be fulfilled, Goldman Sachs The company needs to pay us a certain amount of liquidated damages to urge Goldman Sachs to go all out.”
”The other aspect is to let the Chemical Bank of New York take the initiative. With their influence on Wall Street, resource replacement can also play a role.”
After speaking, Xue He looked at Xia Yu tightly, holding his breath unconsciously.
Xia Yu said appreciatively: ”Yes, your thinking is very clear and you have strong execution ability. Then you will be responsible for this matter, and you will make the plan as soon as possible and show me, don't let me down.”
Xue He was shocked, smiled, and replied loudly: ”Yes, we must not let you down!”
Xia Yu nodded slightly, and said again: ”Then the next thing is the second thing, you should have guessed too.”
”Song Yang, tell everyone about the situation.”
As soon as the voice fell, Song Yang performed his duties again and read to everyone: ”As of today, the price of New York oil futures has reached 26.2 US dollars a barrel. After using leverage, we have invested a total of 5.76 billion. Ten thousand U.S. dollars are long oil futures. At present, they hold a total of 267,800 lots of oil futures, with a total value of 71.6 billion U.S. dollars.”
”In other words, we are currently long oil futures, and the floating profit has reached US$1.25 billion.”
”Within half a month, the peak daily trading volume of oil futures on the New York Mercantile Exchange was 52,130 lots.”
Upon hearing this, everyone had a general impression.
The total amount of oil futures held by the Galaxy Fund is more than five times the daily trading volume of US oil futures.