So, most of the first-class investment banks will not do business unless necessary.
They all secretly hide in the market, doing things to make money, but they hide their merit and fame.
Morgan Stanley is an investment bank and a top investment bank.
In my last life, I chose to go public because I was faced with the dilemma of having to change.
but now,
Morgan Stanley has sufficient funds, and the Asian market is becoming more and more stable, and has even become equal to Hongsheng to a certain extent.
The group¡¯s market continues to expand steadily, profits increase steadily, and funds are sufficient
No matter from which point of view, there is no need to go public.
Yi Xiaohai looked at Wu Chao:
"Judging from the current situation, although there are no disadvantages to Morgan Stanley's listing, there are not many benefits. It will even affect the company's system to a certain extent. Once listed, the first thing to bear the brunt is that the current partnership system needs to be abolished. What will be affected is I think it will not be easy to pass a resolution for the interests of most partners"
Yi Xiaohai thought about it carefully and felt that Pucher's proposal should be difficult to pass.
Those directors of Morgan Stanley are not fools.
If it goes public, their shares will be diluted and their voice will be reduced.
Even if the company adds value and brings some added value to them,
But what they care more about is the right to speak.
But these were all Yi Xiaohai¡¯s speculations. Wu Chao¡¯s words quickly overturned his guesses:
"If I didn't pass, I wouldn't be so anxious to find you!"
"I didn't even receive a notice, how come it passed?"
Yi Xiaohai was not too panicked.
¡° A matter as big as a listing plan definitely requires a formal board meeting, and it cannot be decided by just a few people in private.
He did not receive a notice of the meeting of the board of directors, which means that the result has not been determined.
Wu Chao knew that his choice of words was not quite accurate, so he explained again:
"On the third day after the board meeting on the 12th, Pucher mentioned Morgan Stanley's listing plan in an ordinary high-level meeting. Most of the senior management agreed, because after the listing, they can get a lot of rewards. After all, Morgan Stanley's shareholders The structure and the board structure are quite insular and it doesn¡¯t serve them well¡¡±
"But this matter requires the approval of the board of directors, so Pucher privately consulted the centrists and Mike for their opinions"
"Mike and the centrists should have been opposed at first, but just this morning, Mike publicly supported Morgan Stanley's listing plan"
Yi Xiaohai frowned:
"Puchel didn't discuss it with us in private?"
"You found the problem"
Wu Chao smiled bitterly:
"Until this morning, I just thought that Pucher was just mentioning it in a high-level meeting and had no other deep meaning. But Mike suddenly stood up and supported us, and we felt that Puchel seemed to have a plan, and then Stephen called me and said that Pucher had privately discussed with the neutrals a long time ago"
¡°Why didn¡¯t Stephen tell us earlier?¡±
Yi Xiaohai felt strange.
Of the three major forces in Damo, the neutral faction is the weakest. They should be the party that wants to win over the Chinese forces the most.
They should exchange ideas with Yi Xiaohai and the others about this kind of thing.
But they didn¡¯t say anything.
It¡¯s very unreasonable.
"Stephen said that Pucher had private contact with the neutralists, but none of them knew about it, except Jones, the leader of the neutralists"
"Are his words credible?"
"I don't feel like Stephen is lying, because there is really no need for the neutrals to hide it from us. It is not good for them. It may only be Jones's personal thoughts"
"Made, why is Damo such a mess!"
Yi Xiaohai couldn't help but complain.
The three forces of Damascus and China were already in chaos, but now it is better. It seems that the neutral faction is not very harmonious.
Even the leader has been captured, and the neutral faction is probably almost gone in name only.
"If Mike agrees to go public, it will be meaningless for the neutrals and us to oppose it. If it does go public, the advantage we just established on the board of directors will be gone. And it seems that Pucher is obviously targeting us. If we give him If you succeed, you will be in trouble in the future"
Wu Chao nodded:
"Puchel has a domineering personality, probably because he was pushed away by us in the board meeting last time.Together, he felt unhappy, so he came up with a plan to go public, and he even didn't hesitate to cooperate with Mike to deal with us"
"It's normal. Those in the United States have always been biased against China. If it weren't for interests, they wouldn't have allowed us to appear on the board of directors. It's just that they didn't expect that we would use Mike's incident to increase our seats on the board of directors. They were a bit sitting on it. Can¡¯t stand it anymore¡¡±
Yi Xiaohai knows those American entrepreneurs too well.
¡°On the surface, we are friendly to China, but behind the scenes, we are doing it for our own benefit.
The current situation is the best proof.
Pucher would rather join forces with Mike and go public, but he just doesn¡¯t want to see Yi Xiaohai and the others getting stronger and stronger.
"There's just one thing I don't understand. Puchel's control on the board of directors should still be there, but he's going to deal with us just because we have four votes?"
"It should be 5 votes"
Wu Chao corrected Yi Xiaohai's mistake.
In the Miranda incident, the Wu family made a lot of money following Yi Xiaohai.
So they are also increasing their holdings in Morgan Stanley.
A few days after the board meeting of Morgan Stanley on the 12th, they also successfully increased their stake by 1.5% and successfully entered the board of directors of Morgan Stanley.
It¡¯s just that there was no notification.
"Even five votes won't be so targeted. I asked Dong Li to show his kindness to him. As for"
"Puchel won't believe your overtures so easily. Think about it, if we join forces with Mike again, or bring the neutrals together to get him down, wouldn't it be that he won't have time to cry, so he Strike first and kick us out"
"He hasn't formally held a meeting to vote yet, which proves that there is still room for relaxation. We should find a way to contact Mike to see if he can change his mind"
"I think so too, and Wang Xiaojian has also contacted Mike. This time his attitude is very firm. It should be about what benefits Puchel has given him, otherwise he will not be willing to compromise due to his resentment towards Puchel. "
"That guy Mike only plays small tricks and doesn't have any sense of the overall situation. I will contact him soon and feel his attitude. If he is very determined, we will not persuade him. Once it is listed, we will go directly to the second level I don¡¯t believe in market acquisitions anymore, let¡¯s see who has more money!¡±
If a company of Morgan Stanley's size were to go public, its outstanding shares would be around 20% to 30%.
It pissed off Yi Xiaohai.
He will directly acquire and acquire to see who will be ruthless in the end.
But he just said angry words.
¡°If he really does that, if Puchel and Mike don¡¯t trouble him, the US financial management department will also have tea with him