By: Gravitationwave 引力波
Quote: The emails from Hunter’s hard drive
In this Hunter Biden’s archived email, is the information about Huaxin’s acquisition of COWEN, which was released by LAZARD, the financial consulting company of Huaxin.
On March 29, 2017, COWEN GROUP announced a strategic cooperation with Huaxin. CEFC China will make equity investments in the following ways: Purchase newly issued Class A common shares at a price of $18.00 per share. The price represents a 29.5% premium to Cowen’s closing price on March 28, 2017.
At the closing ceremony, CEFC China will have the right to appoint three directors as members of the Cowen Board of Directors, bringing the total number of directors to 11. In addition, CEFC China will provide Cowen with financing in the form of senior unsecured loans with a debt maturity of six years after the equity investment is completed. The equity investment will be used to repay Cowen’s 8.25% senior notes and fund growth due 2021.
WikiLeaks shows: Cowen Inc. is an American multinational independent investment bank and financial services company that operates through two business units: broker-dealer and investment management department. The company’s broker-dealer division provides investment banking services, stock and credit research, sales and trading, global prime brokerage, outsourced trading, global clearing and commission management services. Cowen’s investment management department provides actively managed alternative investment products. The company was founded in 1918 and is headquartered in New York with offices around the world. As of 2018, Cowen manages an alternative investment strategy of $11 billion.
WikiLeaks did not mention the record of Huaxin’s acquisition of 19.9% of Cohen, only a Bloomberg news report. This shows that the acquisition did not make high-profile publicity to the outside world. In addition, on May 16, 2017, Business Wire reported the news about “Cowen Announces New Brand Identity”, announcing that COWEN GROUP was renamed COWEN INC. This side confirms the fact that the company has undergone major changes. Peter Cohen (PETER A. COHEN), chairman of the board of directors and CEO of Cohen, who participated in the transaction, resigned on May 14 of the following year.
In view of the fact that the Biden family holding company established SINOHAWK in May 2017 with Huaxin boss Ye Jianming’s HUDSON WEST joint venture, it is obviously unusual for Hunter Biden to archive the information on the acquisition of Huaxin in March.
The following is the acquisition statement document: