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Although there is no doubt about its strength, it also has shortcomings. The F1 Formula One racing engine is awesome, but it doesn’t make money. The civil car engine is mainly positioned in low-end cars.
Large companies with supporting engine research and development departments have been repeatedly changed hands without small companies and can’t afford to raise them.
This company is not really expensive. Dennis has made initial contact with Audi, and he is very happy to throw 5 euros in cash and stun it immediately! Oh, they don’t have to send Cosworth by post. It’s a British company in Northampton.
Fart bigger. The island country is not northern Scotland. How far can it go?
"Chen Bo, are you confused?" Just after the press conference, I received a call from China. Mark shouted with a little anger, "What are you going to buy a car company? And a loss-making company? Investors can’t find you but chase after me to ask me about the intention of this merger? "
"Who is so idle?" Chen Bo said, "Ant search direct investors didn’t talk. What do they care?"? Who will be willing to sell a company that does not lose money? And I don’t need to be responsible to them. Ant Search Theory is that the market value and profit are worthy of their investment. "
"You … forget it. Let’s talk about it when you come back. I’ll help you for a while first." Mark is also quite resistant, but he knows that his temper can strike the table and throw his face at the board meeting, no matter which investor you are.
What about the MIH group with more shares? When David Tengxun’s overseas expansion was unfavorable, he was scolded by a dog.
"Thanks. I’ll go back when I get to France."
"France? You won’t have any company ideas, will you? "
"Wipe your eyes." Chen Bo smiled mysteriously and hung up.
If you don’t count the acquisition, McLaren is the first British transaction, although it only has 75% of the shares.
This cross-bank acquisition really triggered a big debate, especially in Europe and America, which was criticized by many public opinions. A virtual business dealing with brains has to step out of this circle to build cars? Or a super sports car?
This is extreme conceit, exultation, or being carried away by past pride
No one is optimistic about the deal, and some experts even assert that Chen Bo is self-destructive to the Great Wall or dead. McLaren is likely to be crippled by him and ant search will be dragged down.
Old rivals gloated in succession, but ant search took advantage of the heat and consolidated its position.
Despite the controversy, the focus is obviously attracting traffic, but real money is exchanged. At this time, Chen Bo is not afraid of being scolded, but he is afraid that he will not be ruthless enough. Otherwise, how can he attract attention?
The EU approval document was sent a few days later, and McLaren officially fell into his pocket.
In addition to the funds, Chen Bo helped Dennis to re-formulate the future development plan. After his design, McLaren seemed to be running in the direction of a large automobile group, and the rapid running made Dennis look a little pale.
"I heard that there was a big fish. Why didn’t you call me?" I spent a period of leisure time. Nicholas and Julio both appeared in front of Chen Bo and blamed him for not bringing them to play together.
"How do you know?"
"JPMorgan Chase, Goldman Sachs, and Citigroup’s European executives have been mobilized by you, but only Merrill Lynch and Lehman Brothers have gathered together. If you don’t have big money, will you be so waves?" Nicholas, this is the smell.
"UBS and Boston First Bank Morgan Stanley have all been eaten by you?" Chen Bobai gave him a way
"I’m not here to tell you about general financial knowledge. I’ve been busy recently!"
"That is, although I have no money, I want to participate," Julio chimed in.
"Then look at this information." Chen Bo grabbed a folder and threw it in front of them.
"French letter?" Nicholas immediately exclaimed, "This is a highly indebted company."
"You know it’s number one, so it must be profitable."
Before saying Guoxin, we must say that the French economic system, Europe and the United States and other countries pursue the theory of free market economy, which is really out of fashion compared with France. Everyone knows that the French almost surrendered the whole country to Nazi Germany without firing a gun.
During World War II, many big companies played disgraceful roles. For example, after the famous Renault car fell, the Nazis made planes, tanks and military vehicles, and they could not get away with it.
Louis Renault, the founder, surrendered himself to the court during the French recovery, and he died suddenly shortly after waiting for trial. The following year, Renault Automobile Company was officially nationalized, which is also the largest state-owned automobile company in the world.
Wave after wave of nationalization, large companies such as Air France, Citroen Peugeot, France Post and France Gas are all state-owned holding companies.
From this point of view, China and the United States have similarities, but they are not exactly the same. They implement the contract system of government and enterprises to supervise and restrict each other, but they still can’t avoid the gradual privatization attempt at the end of the inefficient state-owned enterprises.
France Letter was born out of France Post and Communication Bureau, and belongs to the fourth largest communication group in the world. After selling the state shares twice, the French government still holds 56% of the company shares. In the fourth quarter of 4 years, the group’s revenue has exceeded 10 billion euros.
From the performance point of view alone, Niu Yi has also earned about 400 million euros in recent years.
However, France’s annual loss is as high as 200 million euros, and its debt burden has reached an astonishing 700 million euros. No corporate debt problem in the world will be so tragic, and it is not far from insolvency to apply for bankruptcy protection.
Of course, the French government will not sit idly by. It has issued a comprehensive support plan, injecting 900 million euros to ease the debt pressure, and allowing the delegation to sell some assets for self-help.
"Did you read the largest mobile communication card in range, Britain and France?" Nicholas was surprised. "The net assets of 5.4 billion euros will be as high as 5.4 billion euros according to the usual market value. What do you buy? It may not be enough to lose the ant search! "
Although range was badly lost when it was sold by Hutchison Whampoa, the current debt situation is in good condition, but the construction of 3G network infrastructure has never stopped, and France Letter has injected mobile assets into range, which is naturally a rising tide lifts all boats.
Chapter 9 Rothschild?
"This is a tough nut to crack," Nicholas sighed. "The mobile communication industry is growing very fast, and the future profit prospects are still considerable. If you really want to complete this acquisition, it will be no less than a snake swallowing an elephant."
"I know it’s difficult to search by ants alone, but isn’t the capital market always full of miracles?" Chen Bo vowed, "You just helped me make a financial assistant. I have to get this card."
"What? Faith is not the Internet. You have taken too big a step. Be careful not to drag down the whole ant search. Don’t you think that the marriage between AOL and time warner Inc. is not enough warning? "
"That’s different. The mobile Internet is the entrance of future traffic. I need a letter company to take the lead. The world is still very big, and developing countries need more letters."
Chen Bo took a fancy to a project and was determined to get him, and now France Letter has given him a huge loss to gain profits.
Snakes swallow elephants? Nothing is impossible.
"If you really want to get involved in the mobile communication industry, you might as well try sprin. The third largest telecommunications company in the United States is not so bad."
"Are you stupid or am I stupid? Sprin just bought Neel for $3.5 billion last year, and now its market value has exceeded $600 million. I can’t afford that money, and I am more interested in emerging markets in the future! "
Where is the future? The rapid growth of developing countries will inevitably bring about a blowout of mobile communication.
France’s largest overseas colony is in Africa, and range’s greatest cause is Britain’s combination of two major suzerainties. Isn’t he the third world? The European and American markets have their own patterns, and there is no need to die. It is better to occupy his territory than before.
When the smart phone came out, it really broke out, and it was all closely linked.
Otherwise, if you are careful to buy a letter company, it is not that China Mobile and China Unicom can make money lying down, and the competition in foreign markets is still quite large.
Nicholas can’t convince him to change his mind and choose to be a helper. After all, Wall Street is still very familiar with a set of assets for many years.
"These investment banks are not enough. You need an influential financial adviser in Europe."
"UBS? Barclays? Or Germany or France? "Chen Bo told all the big European banks he knew.
HSBC and Standard Chartered, which are well-known in the world, are actually overseas regions, but Europe is rare, and Royal Bank of Scotland is just a rising star through mergers and acquisitions. In the past two years, they have just gained a little name, which is comparable to these long-established banks.
"No, I want to introduce you to Bank of Lochiel."
"oh? I also they sell wine now? "Chen Bo touches his lips.
This Lochiel family is also an old-fashioned bank, which may have been a glorious country. They also have another Chinese name called "Rothschild family". Actually, they are German Jews, and their pronunciation is also in accordance with German.
The official Chinese expression also makes the word Lochiel and the name Rothschild even invented.
Although the currency war boasted about this family as much as boasting about Rockefeller, Morgan and other families, it was just a fantasy. So what about the Nazi killing those Jews?
The Lochiel family has long since declined. Many assets were nationalized during World War II, and the Americans came out to carve up some of them at the right time, and they didn’t seize the opportunity. The financial market continued to exert influence. In addition to banks, there were two industries: art collection and wine.
The famous Lafite is the family that bought it in the 19th century and has been running it all the time. Now Chen Bo has also visited Lafite Castle in Bordeaux and bought several bottles of cellar wine, which is better than two years’ production.
"Wine is one of the industries. Their wineries are full of this family’s investment industry. Although it is less than 1% of Goldman Sachs, their financial consulting is really professional and relatively independent." Nicholas patiently explained, "The most important thing is that they have rich contacts in Europe and will avoid a lot of trouble. When Rolls Royce is sold, they also have good means to find buyers."
Rockefeller family name Europe is not very good. It’s like a conservative place. No matter how rich you are, you can’t buy a noble title. Americans have a strong literary atmosphere, and Europe has always been crowned with an explosive image.
Even so, the two places belong to the same vein after all, and there is still friendship.
Lochiel Family Bank stands quietly in a lush old building in London’s old financial street.
Although the appearance is simple, it is spotless and very historical, and it will not feel very old.
Walking into the lobby makes people feel more like a museum. The walls are hung with portraits and photos of Lochiel family figures from past dynasties, and some collection art and wine racks are displayed.
You can’t see the bank counter. It’s not a commercial bank, but an investment bank for enterprise merger, acquisition and securities industry.
"Welcome to Lochiel Bank, I’m James Lochiel, the special assistant." In the lobby stood a young white man who should be about the same age as Chen Bo in a suit and tie, and smiled politely in front of them.
"It’s been a long time since James," Nicholas warmly shook hands with each other and introduced to Chen Bo. "This is the first straight generation of James Lochiel Jr., and the old James is the British financier who was described by the Nazis as making a fortune in the Battle of Waterloo."
"Nicholas, that’s all false. Do you believe these rumors?" James smiled thoughtfully.
"Of course I don’t believe it, but who knows the past without this explanation?" Nicholas shrugged and said, "Who made them all a demonized family?" It is not difficult to see from their conversation that they are familiar with each other.