When we met again, the atmosphere of the meeting was obviously much more relaxed and pleasant than the last two times.

Of course, this meeting was different from the last one in that both parties brought a team.

The meeting location was also changed from the Vienna International Hotel in Austria to the conference room of the Vienna Stock Exchange.

After exchanging greetings and sitting down, Ulysses Myron smiled and told George Berkeley the good news: "President Berkeley, after the above discussion, the government agrees to the four conditions you proposed."

"However, there are still some details that need to be further improved."

George Berkeley smiled and nodded: "No problem."

"Then let's get started."

Ulysses Mellen opened the document and read: "As for the first condition, the government is willing to sell the equity of the Austrian Central Savings Bank. The current direct shareholding ratio of the government is 82.9%."

It is the fourth largest bank in Austria and the third largest bank controlled by the Austrian government.

The bank currently only operates in Austria and several surrounding countries, with a total of 185 branches, including 117 in Austria, with a total of 4,284 employees. The bank's total assets reached 14.82 billion U.S. dollars, and total deposits reached 12.38 billion U.S. dollars. Last year's revenue was

503 million US dollars, net profit was US$42 million.

In terms of deposit rates, revenue and profit margins, the Austrian Central Savings Bank is definitely a high-quality bank.

The reason why this bank was taken out was not only because it was the smallest, but also because this bank was the one with the highest shareholding ratio of the Austrian government among the three banks designated by George Berkeley.

In the second largest Credit Union Bank Austria, the Austrian government holds 69.45% of the shares.

In the third largest Austrian credit card bank, the Austrian government only holds 56% of the shares.

According to the conditions, the Austrian government needed to assist Bright Fund in acquiring a bank. The weakest Central Savings Bank happened to be the one with the largest shareholding by the government, so it was the easiest to choose.

"I agree, just this bank, but the specific value needs further evaluation, and the government needs to cooperate with the acquisition of the remaining equity."

George Berkeley nodded and expressed his stance.

"no problem."

Ulysses Myron showed a smile and said that the acquisition is not difficult, because in addition to the 82.9% equity directly held by the government, part of the equity is in the hands of state-owned companies, and the will of the government can easily dominate.

"As for the second condition, the government has made a preliminary draft. In addition to the content you mentioned, there are some supplements. However, these supplements are useful. President Berkeley, you will know after taking a look."

As soon as he finished speaking, the assistant beside him took out five or six pieces of materials and sent them to George Berkeley and others.

After reading it, George Berkeley and others had no objections, because it was indeed a more detailed policy and he had no reason to reject it.

…

Because the content was relatively rich, the friendly and harmonious meeting lasted for nearly three hours, and then an agreement was reached.

The framework for cooperation has been set, and neither party will regret it. The asset evaluation of the Austrian Central Savings Bank will be carried out immediately.

So George Berkeley was relieved. In order to show his sincerity, he immediately asked someone to register a branch in Austria. The Austrian government's industrial and commercial department gave the green light for the whole process. It was absolutely a speedy registration.

After registration, George Berkeley transferred a branch vice president from the branch in West Germany, named Thomas Morthy, who would serve as the first president of the Austrian branch.

After the company was registered, recruitment started immediately. The reputation of Bright Fund was very attractive to Austria's financial elites, not to mention the cooperation of Korn Ferry International. In just one week, the company was well established.

The Austrian Central Savings Bank also officially completed the acquisition after an emergency evaluation.

The 82.9% stake held by the Austrian government was transferred for US$350 million, and the 5.8% equity held indirectly by the Austrian government was sold for US$24.5 million.

The funds for the acquisition were transferred directly through the HSBC branch in Austria, which was actually the money borrowed by Bright Fund from HSBC.

After the payment of US$374.5 million, 88.7% of the shares of the Austrian Central Savings Bank were acquired and directly belonged to the Austrian Light Fund.

The remaining 11.3% of the equity still needs the help of the Austrian government to acquire it.

Once the bank is in hand, funding for the Austrian Light Fund will not be a problem.

Immediately, all stocks listed on the Vienna Stock Exchange will be allocated with ten times leverage. All stocks listed on the Vienna Stock Exchange will be bargain-hunted. The difficulty of bargain-hunting is almost zero. Sellers will sell as long as the price is opened, which shows the degree of disappointment of investors.

But this just makes Bright Fund cheaper.

The stock hunting work was completed in just three days.

The Vienna Stock Exchange also quickly completed the joint-stock reform and operating system reform. Bright Fund invested US$500,000 to acquire 34% of the equity, which was a reasonable bargain price.

After everything was ready, George Berkeley took action.

A newspaper owned by the Mirror Group published an article signed by George Berkeley, which directly pointed out that Austria is now a value depression and listed ten reasons for investing in Austria.

As a financial giant in Europe, George Berkeley has always been known for his precise investment vision. After he published his article, financial companies in various European countries collected information immediately. After learning that Bright Fund had established a branch in Austria, they did not hesitate.

, they sent people to Austria to open branches one after another.

Especially West Germany's capital, the speed is astonishingly fast.

Austria is adjacent to West Germany. It is actually the back garden of West Germany. The main ethnic groups of both countries are Germanic. The two countries share common ancestors, language and culture. Historically, they both belonged to the Holy Roman Empire, that is, the Roman Empire.

Prussia, which won the Austrian War, pushed Austria out of Germany.

During World War II, Austria was annexed by Germany and became a province of the Third Reich. When the German army entered Austria, it was welcomed by most Austrian citizens.

After the Anschluss, Austrians actively joined the army and fought under the slogan of "One Nation, One Empire, One Head of State".

So in fact, in the eyes of Germans, Austria is part of Germany, and some Austrians think so too.

Germany's capital market is actually not active, much worse than France's. German financial companies typically have nowhere to spend their money.

At this time, we saw that the Austrian capital market in the backyard was about to take off, and West German capital was pouring in crazily.

There were less than 30 stocks that were immediately speculated and skyrocketed, which excited the Austrian government. The previous opposition to cooperation with the Bright Fund disappeared instantly.

This time, there was no need for George Berkeley to push. The Austrian government became anxious and issued a decree requiring major domestic companies to actively apply for listing, and at the same time, the Vienna Stock Exchange was allowed to rapidly expand its personnel.

The Austrian capital market is full of vitality.

Once this sheep grows up, the Bright Fund can harvest it.

George Berkeley set a goal of growing 500% in three years!

After letting Thomas Morthy assist the parent company's acquisition team in acquiring Voestalpine Group and Austrian AVL, George Berkeley boarded the return plane with the welcome of the Austrian government.

According to the news from the company in London, the Canadian financial market has been turbulent and is about to explode. He has to go back to the company to take charge!
Chapter completed!