Chapter 884 Yang Ming Swallows up Bosak Group and Dior Company!
A private estate in the suburbs of Paris.
At this time, Mitterrand and his bodyguards were here.
He quietly came out from the small door of the Elysee Palace. When the workers and Parisians who were demonstrating on the Champs-Elysees thought he was working inside the Elysee Palace, they didn't know that Mitterrand had come out from the small door inside.
Mitterrand already knew that it was impossible for him to sell the Bossac Group to a domestic consortium.
If those consortiums acquired the Bossac Group, they would immediately fire those workers, which would not only cost the lives of those workers, but also his and the cabinet's lives.
Mitterrand has been under great pressure these two days.
Although he seems to be in a good position, only he knows how much pressure he is under.
"Mr. Mitterrand, Sir Yang and Mr. Barlow are here."
Mitterrand's bodyguard came over and said.
Mitterrand returned to the living room.
After a while, he met Mr. Barlow and Sir Yang.
"Sir Yang, are you going to London?"
"Mr. Mitterrand, that's true. Paris looks very chaotic now. I'm going to fly to London."
"Sir Yang, do you know why those people are demonstrating on the Champs Elysees?"
"I read in the newspaper that it's related to the wages and benefits of the workers of the Bossac Group."
"Yes, after 1978, the Bossac Group has suffered heavy losses and has been able to survive only with financial subsidies. Even so, those greedy workers still demanded higher wages and benefits. The Bossac Group has been increasing them, but they have not been satisfied. In early April this year, Paris once again broke out the largest demonstration this year because of the wages and benefits of the workers of the Bossac Group."
"Before that, there were actually other consortiums that wanted to acquire the Bossac Group. They asked for the dismissal of most of the Bossac Group workers. But that's impossible."
Mitterrand said there.
Yang Ming knew all this.
"A few days ago, Mr. Arnault, who was in the United States, called me. He wanted to acquire the Bossac Group and promised not to dismiss a single Bossac Group worker."
Arnault called Mitterrand?
Historically, it was indeed like that.
It is very likely now.
Yang Ming said: "Mitterrand believes it, then do you believe what Mr. Arnault said?"
"I don't believe it."
Historically, Mitterrand had no choice but to sell the Bossac Group to Arnault.
Now with the Empire Group, he has to think it through.
Arnault was born in 1949. His mother and second wife are pianists.
Arnault's grandfather opened a construction company in the north of F country and was well-known in the real estate industry.
After his grandfather died, his father took over the company.
Arnault studied at the Polytechnic University of Paris. After graduation, he went to work for a consulting company, but soon resigned.
In 1971, he joined his family's construction company. But he soon discovered that his father was engaged in commercial real estate business, with low profits, high risks and slow returns. At the age of 27, he sold the company's construction department to the Rothschild family for 40 million francs.
He didn't tell his father until the transaction was completed.
Since then, he has focused on the development of private residences and specializes in the development of holiday homes.
Just five years after he took charge of the company, Arnault had become the largest private real estate developer in Country F.
The next year, Arnault's grandmother passed away. The grandmother loved this grandson very much and thanked him for coming to accompany her often.
So she gave all her shares to this grandson.
In this way, Arnault held the real power in the family.
In 1981, Arnault brought his family to settle in Country M.
After Mitterrand came to power, the policies he introduced were not conducive to the rich, and he went to Country M for a while to seek new business opportunities.
In Country M, he found that many ordinary people in Country M knew the Dior brand in Country F, and he began to set his sights on Dior, a luxury company.
However, the parent company of Dior Luxury Company is the Bossac Group.
If he wants to swallow up the Dior Group, he must swallow up the Bossac Group first.
Originally, all of this developed as it did in history.
Now Arnault met Yang Ming.
Arnault knew Sir Yang and the Empire Group, but he didn't know that Yang Ming had already set his sights on the Bossac Group and the Dior Group.
Knowing yourself and the enemy will win every battle.
Sir Yang used his innate advantage in history, as well as his current status and influence.
Yang Ming looked at Mitterrand and said, "Mr. Mitterrand, you should know that the Empire Group has made large-scale investments in Country Y. In addition, if the Empire Group acquires the Bossac Group, in addition to the Bossac Group headquarters remaining in Country F, I promise not to fire a single worker, and even, I will soon let the company increase the workers' wages by 5%."
Keep the headquarters in Country F?
Promise not to fire a single worker?
Now increase the workers' wages by 5%?
Mitterrand knew that this was what he needed.
Historically, after acquiring the Bossac Group, Arnault did not fulfill his original promise.
He began a bloody reshuffle of the Bossac Group and closed all of Bossac in 1988.
He sold all the valuable things such as factories and equipment, and 8,000 workers were fired.
Even the chief designer who had worked in the company for 30 years was fired.
The ultimate prey he acquired was actually Dior. Not the equipment and workers in the factory.
Now, facing Arnault, Yang Ming made more promises, with the goal of swallowing up the Bossac Group and the Dior Group.
As for the future?
No one knows.
"Sir Yang, in that case, I can sell the Bossac Group to you. I hope that the Empire Group and the Bossac Group will sign the acquisition contract as soon as possible."
The two sides reached a preliminary acquisition agreement.
Then the Empire Group will send people to negotiate with the Bossac Group and Country F.
Historically, Arnault acquired the Bossac Group for 400 million francs, and now Yang Ming also gave this acquisition price. He promised to increase the salary of more than 30,000 workers by 5%, which is actually a large expenditure.
The two sides finished the talk.
Barro on the side was also a little surprised.
When Yang Ming and Barro left here and took a car back to the Louis XIV Castle.
He immediately called Meris who was far away in Hong Kong.
When Meris learned that his boss was about to acquire the Bossac Group, the first textile giant in Country F, and the Dior luxury brand, he immediately knew what to do.
. . .
Ah Zhu, Chung Chu Hong, Guan Jia Hui, and even Lin Xiu Zhi were really surprised when they learned that Yang Ming had acquired the Dior Group.
Dior, as a luxury brand, is still very influential.
Especially these Hong Kong women are very attracted to this luxury brand, and now it has been swallowed up by Yang Ming.
Chapter 4!
Please subscribe!!