Chapter 2526: Your Arsenic
But since the chairman of Goldman Sachs could bring a good opportunity to Feng Yiping, it naturally couldn't be a hotel.
Feng Yiping guessed, "InterContinental? Marriott? Hyatt? Starwood?..."
Lourde kept shaking his head, "Feng, it's not them,"
He felt that if he didn't stop it, Feng Yiping would have to guess all the most famous hotel groups in the world one by one.
Looking at Feng Yiping, he couldn't help asking an irrelevant question, "Feng, do you have such a plan?"
"Of course I have thought about it," Feng Yiping didn't shy away.
The hotel industry also has its particularity. If you want to build an international hotel group, it is not as easy as opening a fast hotel in China. It must also go through a long period of accumulation.
Not to mention the different investment environments in various countries, just say that with the efficiency of foreign countries, how long does it take for a hotel to go from site selection to construction to decoration...?
Of course it's easier to buy a ready-made one.
"But, if it's not the above, do you really think it's a good opportunity?" Feng Yiping asked him.
The implication is that if it's not these well-known and first-class hotels, he still doesn't look down on them.
In fact, Lauer has long been accustomed to this.
Under normal circumstances, Feng Yiping is very humble, but at this time, some of his normal words often show his domineering.
If it is really a hotel of average size and worth only tens of billions of dollars, there is no need to bother me.
But who can blame the person in front of him for having such strength and confidence?
"Although it is not the above, I think you will like it," Lauer said.
He did not keep it a secret this time, and then said the target, "It is Hilton,"
"Hilton?" Feng Yiping was stunned. The strength of this company is naturally not bad, and it is completely up to his standard. "It's just that Hilton was acquired by Blackstone last year... Oh,"
He pulled Lauer, "Is there a chance?"
Of course, he knew that in early July last year, just more than ten days after Blackstone went public, they announced to the public that they would acquire Hilton Hotels Group for a total price of 26 billion US dollars.
It was indeed very perfect, so perfect that it could be used as a successful case study by various business schools.
Because the funds invested by Blackstone itself in that 26 billion US dollars acquisition were less than 6 billion US dollars.
But unfortunately, from now on, this acquisition can almost be characterized as the most failed acquisition.
Because it seems that Blackstone rushed to implement this acquisition when the real estate bubble reached its peak and was about to burst.
If Blackstone had delayed for more than a month, by August last year, many things would have been clearer, and even if they wanted to acquire it, they would not have offered such a high price.
This tragedy is similar to the story that I didn't recruit before September 30, 1949, but on the 30th, I recruited, and the next day, I wanted to recruit, but...
Feng Yiping also learned that Blackstone was able to successfully acquire Hilton because 26 banks provided him with a total of more than 20 billion US dollars in financial support.
If nothing unexpected happens, there must be a giant like Goldman Sachs.
And Raul took the initiative to mention Hilton to him, which seems to be quite a door?
Raul was a little impressed by Feng Yiping's quick response, but he also felt that the expression on Feng Yiping's face was too happy?
Moreover, it seemed that there was a sense of gloating in the happiness?
"Since the acquisition by Blackstone, Hilton's revenue has declined by more than 20% and its cash flow has decreased by more than 30%," he said.
"You also know that judging from the current situation, the overall tourism industry will not be too optimistic at least in the next one or two years,"
That is, in the next one or two years, Hilton, which was acquired by Blackstone, will continue to suffer from a worsening financial situation.
"To make matters worse, Hilton's competitor, Starwood Hotels & Resorts International Group, has recently sued Hilton in federal court, accusing Hilton's employees of stealing Starwood's successful 'W Hotel Franchise Program,'"
"Starwood said that this is an obvious case of corporate espionage, theft of trade secrets, unfair competition and computer fraud, that is, their evidence will be quite sufficient,"
"And the Department of Justice is ready to start investigating Starwood's allegations,"
Haha, another story of a house leaking and raining all night.
"Does Blackstone stop paying your interest now?" Feng Yiping asked a key question.
With such a huge amount of money, it is conceivable that the loan period will definitely not be one year.
That is, the repayment period must not have arrived yet, and Goldman Sachs must have had such an idea at this time. Blackstone said that it was short of funds and it was very likely to postpone the payment of interest.
In the current situation where everyone is short of money, the one who borrows the money is the grandfather, and the one who collects the debt is the grandson.
"No, the interest we pay to Blackstone is not high," said Lourdes.
Feng Yiping can imagine this, and everyone is in the same industry after all.
"But we heard that they are working on a debt restructuring plan,"
"Oh," Feng Yiping understood a little.
General debt restructuring involves one issue: reducing some debts.
No wonder Lourdes had such an idea.
At this time, such behavior is a real robbery.
He was about to continue talking, and Lourdes looked at the people walking towards this side and hurriedly stopped talking, "Feng, I think we should meet tomorrow?"
"Okay, or after the banquet?" Feng Yiping said.
For some reasons, he was particularly interested in Hilton, who was in bad shape at this time.
"Miss Mayer," Lauder nodded to Mayer who was standing aside, and left in a hurry, as if he didn't want to stay any longer.
Feng Yiping turned to look at the two people coming over, and suddenly understood why Lauder was like this, "Hello Bloomberg,"
It seems the Gridiron Club dinner was a hit indeed, with even the maverick New York mayor attending.
"Feng," Bloomberg smiled and shook hands with Feng Yiping, and was about to introduce Feng Yiping to the person next to him. But this time, Feng Yiping did not need to be introduced and extended his hand to the person, "Hello, Mr. Governor, I have always wanted to have the opportunity to visit you,"
The person next to Bloomberg is the same person Feng Yiping talked to Paulson about at the San Francisco Airport the day before yesterday. The former New York State Attorney General and now the New York State Governor is responsible for cleaning up Wall Street and other large companies. Elliott Spitzer, known as the "Sheriff of Wall Street" and "Mr. Clean" because of his intolerance of those in the sex industry.
Although Feng Yiping has never met him, he has naturally seen his information.
He felt a little strange. Although Lauder would definitely not treat Spitzer well, on such an occasion, he should say hello.
Why do you avoid meeting him so deliberately?
"I've always wanted to meet you," Spitzer said, much more enthusiastically than Bloomberg. He laughed and shook Feng Yiping's hand. "I especially like the choices you made when Google went public. "
Feng Yiping saw that when he was talking, he glanced at Lord.
It seems that this governor is really just like the legend, and he has a very bad relationship with Wall Street.
Because the auction-style pricing that Google originally chose was a huge challenge to Wall Street giants, and it was successful, that is, it successfully wrested pricing power from those Wall Street giants.
However, after that, not many imitated Google.
After all, not just any company has the strength and confidence of Google.
“We have always appreciated Mr. Governor’s crackdown on illegal activities,” Feng Yiping said with a smile.
Strangely, when he heard this, the smile on Spitzer's face dropped slightly, but it immediately bloomed again, "Feng, have you seen these guys?" He pointed over there and "They were all panicking," said several people gathered by Lauder.
This is a bit complicated, and as the governor of New York State, it stands to reason that this should not be such a reaction at this time.
After all, Wall Street is in New York anyway.
If something happens on Wall Street, it will be difficult for all parts of the United States, and New York State should be the one to bear the brunt.
Feng Yiping glanced at Bloomberg and saw that Bloomberg was also looking at Lauder and the others. His face was not as relaxed as Spitzer's, but it was solemn and seemed to have some anger?
Thinking of the fact that Lauder had just left in a hurry, Feng Yiping was a little confused for a moment. Was there something going on in the meantime?
"Feng, you should be coming to New York. I hope to see you in New York," Bloomberg and Spitzer also said goodbye to Feng Yiping quickly.
Feng Yiping looked at Spitzer and then at George W. Bush, who was laughing heartily over there. For some reason, he felt that they were somewhat similar.
Mayer coughed at this time, "Your favorite star is here,"
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