Chapter 2335 Savior
Although he always has a smiling face and always claims that he and his company "will never make a hostile takeover", everyone on Wall Street knows that Mr. Su is a very aggressive person.
Otherwise, he would not have started with a mere 200,000 yuan and achieved such success today.
Such a person may be annoyed by the $3 billion transaction with the Chinese government's sovereign fund on the eve of his company's listing, but he will definitely not let such a thing that has happened affect other arrangements at work.
So after that, Mr. Su completed an acquisition that he thought was a very cost-effective acquisition. In July, he acquired the world-renowned Hilton Hotel Group for $26.7 billion.
Of the $26.7 billion, his own company only invested $6 billion, and the remaining more than 20 billion were all loans, which mainly came from other peers on Wall Street, including Bear Stearns, which felt that the winter had come and the music was no longer playing, and Mr. Su's former employer, Lehman Brothers, and Morgan Stanley.
Although many partners said that the acquisition price was too high, he thought it was a very cost-effective deal at the time.
Since then, Hilton's nearly 10 brands, 2,800 hotels around the world, and nearly 500,000 rooms (some of which are franchised) have all been acquired by Blackstone.
——So Paris Hilton, whose private video was leaked by her boyfriend two years ago, and Kim Kardashian, who later became famous in the United States, are now Paris Hilton, who is still her little follower. Although they are the heirs of the Hilton family, they are no longer the heirs of Hilton Hotels, because in fact, their family has had little to do with Hilton Hotels since then.
Some people also say that Paris Hilton's grandfather, the second son of Hilton Hotel founder Conrad Hilton, and the former head of Hilton Hotels, Barron Hilton, chose to sell the family business because of the poor business and disappointment in his descendants.
Barron Hilton has 8 children, but seven of them have no children. Only his sixth child, Rick Hilton, has four children, two boys and two girls.
Among the four children, the oldest are two daughters, and these two daughters, especially the eldest daughter with a decadent private life, can be said to have brought shame to the entire Hilton family - but she herself is quite proud of it.
... In short, when the decision was made, Su Shiyi always felt that this would be a very good deal, but after experiencing so much chaos in August, he certainly understood that difficult days were about to begin.
And in such days, the luxury hotel business of Hilton Hotel Group will be greatly affected.
What's worse is that now everyone knows that his decision to acquire Hilton Hotel at a premium of 40% last month was obviously a very bad decision.
It can be said that it was exactly the peak of the real estate bubble. There are obviously a lot of bubbles in the investment of 26.7 billion US dollars.
That is, from the moment they acquired Hilton Hotel for more than 26 billion US dollars, their investment will begin to be written down.
Choosing to complete the acquisition last month is obviously also a very bad time. Some of the partners at that time, such as Bear Stearns, seem to be in trouble now. To make matters worse, they are facing a lawsuit just after the acquisition.
Another world-renowned hotel group, Starwood Hotels & Resorts Worldwide, sued Hilton in federal court, accusing Hilton employees of stealing Starwood's successful "W Hotel Franchise Program". Starwood called it "obvious corporate espionage, theft of trade secrets, unfair competition and computer fraud".
The US Department of Justice has begun investigating Starwood's allegations.
Fortunately, Hilton Hotels has been privatized by them. Otherwise, under the combined effect of so many negative news, Hilton Hotels' stock price will create a new low. In that case, their losses will be completely exposed to the public, and his and Blackstone's reputations will be greatly affected...
So, in this case, when Mr. Su learned that it was Feng Yiping who pitted him, he was really a little bit itchy.
When he learned that Feng Yiping had predicted the current crisis, his anger towards Feng Yiping can be said to have reached another level.
…………
At the AnnaCreek Ranch in South Australia, Feng Yiping was also very angry at this time.
Although he still had high expectations for himself, he was not a saint after all. He also knew that he was a bit scum in some aspects.
At the moment, although he knew that some things should not be done, some thoughts became stronger and stronger when he saw Kidman laughing and talking about more interesting things on the ranch.
It is often like this. The less we know that some things should not be done, the more attractive those things are to us, because doing those things is full of some taboo pleasure.
"...Oh, we are opening up domestic relationships and channels. We hope to import the cattle in the ranch to China as live cattle instead of beef as soon as possible."
The entry of live cattle can not only ensure that the meat is fresher, but also that the utilization rate will be higher. Slaughtered in China, not to mention beef, from cow hair to cow blood to offal, there will be no waste at all.
"For this reason, we are considering ordering a special ship," said Feng Yiping.
Of course, he knew very well that this was not a good time to order such a ship. At the latest by this time next year, there would definitely be many shipyards scrambling to take his order at the most favorable price.
You know, in the financial crisis, the shipping industry will be directly impacted, and the shipbuilding industry will also suffer a huge blow.
By then, many shipyards will not care about profits, but only hope to have some orders to survive this difficult time.
"Haha," Kidman chuckled twice, "So you have been prepared for it."
Her chuckle was what Feng Yiping liked, so it made Feng Yiping's heart tremble twice when he heard it at this time.
It's a bit deadly.
It turns out that it's not only the moon that can turn a man into a wolf, but also such an uninhabited wilderness.
Especially in such a wilderness surrounded by animals and no people.
"Of course, with the continued rapid economic growth, more and more Chinese middle-class families are also updating their menus, and beef is a very important item on their new menus," Feng Yiping tried his best to control his impulse.
"I think, with such an outstanding partner like you, the company's business will definitely be greatly improved," Kidman smiled brightly, holding Feng Yiping's hand tighter.
Oh my god, it's really terrible!
"The current environment also has a great promoting effect on our business. You know, the Australian dollar is depreciating. Relatively speaking, our domestic people can buy our cattle at a lower price..." Feng Yiping suddenly began to talk about business, and his speed was very fast.
"We have noticed that so far, the Reserve Bank of Australia has invested nearly 10 billion Australian dollars to rescue the market, and the Australian dollar has also entered a downward channel. We expect that this situation will continue for some time. This is undoubtedly a good thing for our live cattle exports..."
Kidman cooperated very well, and agreed from time to time, "Yeah," "Oh," "So that's it,"
It just so happened that such ordinary words were also very stimulating to Feng Yiping at this time, especially those short syllables, "Yeah," "Oh," "Ah" and so on.
He felt that his throat was getting drier and drier, but it was obviously not because he talked too much.
Listening to Feng Yiping's faster and faster speech and seeing his face obviously red, Kidman's smile became brighter, his words became gentler, and his chuckles became more frequent.
You are not the only one who can start a fire.
Feng Yiping's attention at this time was half on the satellite phone in his hand, you are ringing.
On the other hand, he felt that he had asked for such a fate, so why should he insist on pretending to be hypocritical.
However, that dry voice was still saying in his heart, "This is not right, it won't work,"
It just sounded that the voice was getting weaker and weaker.
Feng Yiping gradually became calm, but at this time, the hand-held radio in the car rang, "Boss," Owen's voice came over with a rustling sound, "Vincent and Aman have arrived, do you need to send them over?"